Result of AGM

RNS Number : 7884P

Pressure Technologies PLC

12 February 2019

 

12 February 2019

 Pressure Technologies plc

("Pressure Technologies")

Result of AGM

At the Annual General Meeting of Pressure Technologies (AIM: PRES), held today at 11.00 hours, all the resolutions proposed were duly passed. Details of the proxy voting are given below.

The presentation given at today's AGM is available on the Company's website:

www.pressuretechnologies.com

Result of proxy votes

Resolution	Votes For	Votes Against	Votes Withheld
1. To approve the annual report and accounts	8,243,311	3,000	0
2. To approve the annual report on Directors' remuneration	8,127,969	105,042	13,300
3. To confirm the appointment of Chris Walters as a Director	8,142,269	2000	102,042
4. To reappoint Joanna Allen as a Director	8,142,269	2000	102,042
5. To reappoint Brian Newman as a Director	8,142,269	2000	102,042
6. To reappoint the auditors and fix their remuneration	8,221,144	22,125	3,042
7. To authorise the allotment of shares	8,122,302	119,425	4,584
8. To authorise the Company to purchase its own shares	8,128,086	17,225	101,000
9. To waive pre-emption rights	7,632,268	609,876	4,167

Notes

1. Any proxy appointments, which gave discretion to the Chairman have been included in the 'for' votes total.

2. At the date of the notice of the AGM the total number of shares in issue was 18,595,165.

For further information, please contact:

Pressure Technologies plc Joanna Allen, Company Secretary	Tel: [phone] www.pressuretechnologies.com
Cantor Fitzgerald Europe (Nominated Adviser and Broker) Philip Davies / Will Goode	Tel: [phone]
Belvedere Communications Keeley Clarke ([e-mail]) Cat Valentine ([e-mail])	Tel: [phone] Tel: [phone]

COMPANY DESCRIPTION

Company description - www.pressuretechnologies.com  

With its head office in Sheffield, Pressure Technologies was founded on its leading market position as a designer and manufacturer of high-pressure components and systems serving the global energy, defence and industrial gases markets.

Precision Machined Components - www.pt-pmc.com

●     Al-Met, Mid Glamorgan, acquired in 2010 www.almet.co.uk 

●     Roota Engineering, Rotherham, acquired in March 2014 www.roota.co.uk 

●     Quadscot, Glasgow, acquired in October 2014 www.quadscot.co.uk 

●     Martract Limited, Barton-on-Humber, acquired in December 2016 www.martract.co.uk 

Cylinders

●     Chesterfield Special Cylinders, Sheffield, IPO cornerstone in 2007 and includes,  CSC Deutschland Gmbh, which is based in Dorsten, Germany and Chesterfield Special Cylinders Inc. which is based in Houston, USA www.chesterfieldcylinders.com 

 

END

 

 

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