Result of Annual General Meeting

Good Energy Group PLC

20 June 2024

 

20 June 2024

Good Energy Group PLC

("Good Energy" or the "Company")

Result of Annual General Meeting

At the Company's Annual General Meeting held at 2pm on Thursday 20 June 2024, shareholders passed ordinary resolutions 1 - 9.

The Board notes that special resolutions 10 ,11, 12 and 13 did not pass.

Special resolutions 10, 11 and 12 were standard authorities that UK listed companies take at annual general meetings, relating to the allotment of 10% of shares for cash on a non-pre-emptive basis and purchase of own shares.

Special resolution 13 was an amendment to the Articles of Association of the Company, legally embedding its purpose by stating its goals are to have a materially positive impact on society and the environment, in addition to operating for the benefit of stakeholders. This is a legal requirement for the retention of B Corp certification which the Company is pursuing.

The Board is disappointed not to receive this limited additional flexibility of the special resolutions to pursue opportunities in the interests of the Company and its shareholders.

The results of the AGM will be published on the Company's website as soon as practicable following the meeting.

The full text of the resolutions may be found in the Notice of the Annual General Meeting, copies of which are also available on the Company's website at https://www.goodenergy.co.uk/investors/annual-general-meeting/.

Enquiries

Good Energy Group PLC
Nigel Pocklington, Chief Executive Ian McKee, Head of Communications	Email: [e-mail]
SEC Newgate UK
Elisabeth Cowell / Molly Gretton	Email: [e-mail] Tel: [phone]
Investec Bank plc (Nominated Adviser and Joint Broker)
Henry Reast / James Rudd	Tel: [phone]
Canaccord Genuity Limited (Joint Broker)
Henry Fitzgerald - O'Connor / Bobbie Hilliam / Harry Rees	Tel: [phone]

About Good Energy www.goodenergy.co.uk

Good Energy is a supplier of 100% renewable power and an innovator in energy services. It has long term power purchase agreements with a community of 2,000 independent UK generators.

Since it was founded 20 years ago, the Company has been at the forefront of the charge towards a cleaner, distributed energy system. Its mission is to power a cleaner, greener world and make it simple to generate, share, store, use and travel by clean power. Its ambition is to support one million homes and businesses to cut carbon from their energy and transport used by 2025.

Good Energy is recognised as a leader in this market, through green kite accreditation with the London Stock Exchange, Which? Eco Provider status and Gold Standard Uswitch Green Tariff Accreditation for all tariffs.

 

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