Result of AGM

RNS Number : 9739M
Strix Group PLC
26 May 2022
 

26 May 2022

Strix Group Plc

("Strix" or the "Group")

Result of Annual General Meeting

Strix Group Plc (AIM:KETL), the AIM quoted global leader in the design, manufacture and supply of kettle safety controls and other complementary water temperature management components, announces that all resolutions were passed via poll at the Annual General Meeting held on 26 May 2022.

 

A summary of the votes is presented below:

 

AGM resolutions

For

%

Against

%

Withheld

 






Ordinary resolutions






Resolution 1

135,464,412

100.00

-

-

82,176

Annual Report and accounts

Resolution 2

123,687,029

91.26

11,850,592

8.74

8,967

Annual Report on Directors' remuneration

Resolution 3

135,546,588

100.00

-

-

-

Final dividend

Resolution 4

132,299,012

97.61

3,240,464

2.39

6,671

Proposal to re-elect Raudres Wong (retiring by rotation)

Resolution 5

134,707,666

99.39

832,080

0.61

6,842

Appointment of auditors

Resolution 6

134,572,343

99.28

971,597

0.72

2,648

Remuneration of auditors

Resolution 7

132,645,811

98.38

2,185,500

1.62

715,277

Power of Directors to allot shares







Special resolutions






Resolution 8

135,432,976

99.92

113,312

0.08

300

Disapplication of pre-emption rights

Resolution 9

130,005,677

95.91

5,540,611

4.09

300

Disapplication of pre-emption rights

Resolution 10

109,140,262

99.30

764,195

0.70

25,642,131

Purchase of own shares

 

 

 

 

 

Statement regarding voting result

We are pleased to have received the support of our shareholders for all of the resolutions proposed at the AGM, and we are satisfied with the level of support for each resolution. We are also pleased with the percent of shares voted on. We will continue to monitor the level of support for each resolution in the future, and where needed we will discuss with shareholders and proxy advisors to understand any concerns.

 

 

Further enquiries, please contact:

Strix Group Plc

Mark Bartlett, CEO

Raudres Wong, CFO

 

 

+44 (0) 1624 829829


Zeus (Nominated Adviser and Joint Broker)

Nick Cowles / Jamie Peel / Jordan Warburton (Investment Banking)

 

+44 (0) 20 3829 5000


 



Stifel Nicolaus Europe Limited (Joint Broker)

 +44 (0) 20 7710 7600


Matthew Blawat / Francis North

 






IFC Advisory Limited (Financial PR and IR)

+44 (0) 20 3934 6630


Graham Herring / Tim Metcalfe / Florence Chandler





 

ABOUT STRIX GROUP PLC

Isle of Man based Strix, is a global leader in the design, manufacture and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration.

 

Strix's core product range comprises a variety of safety controls for small domestic appliances, primarily kettles. Kettle safety controls require precision engineering and intricate knowledge of material properties in order to repeatedly function correctly. Strix has built up market leading capability and know-how in this field since being founded in 1982.

 

Strix is admitted to trading on the AIM Market of the London Stock Exchange (AIM: KETL).

 

 

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