Result of Annual General Meeting

Strix Group PLC

04 July 2023

 

Strix Group Plc

("Strix", the "Group" or the "Company")

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 4 July 2023.

A summary of the votes is presented below:

#	Resolution description	Votes 'for'	% of votes cast	Votes 'against'	% of votes cast	Votes withheld
1	To receive the annual accounts of the Company for the year ended 31 December 2022	102,845,939	99.99%	14,295	0.01%	-
2	To approve the Directors' Remuneration report for the financial year ended 31 December 2022 (advisory vote).	98,399,612	97.87%	2,139,263	2.13%	2,321,359
3	To declare a final dividend of 3.25 pence per share	102,073,257	99.23%	786,977	0.77%	-
4	To re-elect Gary Lamb as a director.	91,378,212	91.16%	8,863,860	8.84%	2,618,162
5	To re-elect Mark Bartlett as a director.	102,799,507	99.94%	59,235	0.06%	1,492
6	To re-elect Raudres Wong as a director.	101,797,153	99.94%	61,589	0.06%	1,001,492
7	To re-elect Mark Kirkland as a director.	96,255,421	95.78%	4,236,102	4.22%	2,368,711
8	To re-elect Richard Sells as a director	102,799,507	99.94%	59,235	0.06%	1,492
9	To appoint PricewaterhouseCoopers LLC as auditor of the Company	102,026,332	99.96%	41,834	0.04%	792,068
10	To authorise the Directors to determine the remuneration of the auditor	102,812,395	99.97%	27,326	0.03%	20,513
11	To authorise the Directors to allot ordinary shares up to the limits set out in the notice of AGM	90,592,115	88.02%	12,260,998	11.91%	3,121
12	To authorise Directors to dis-apply pre-emption rights up to the limits set out in the notice of AGM	102,742,020	99.83%	111,093	0.11%	3,121
13	To authorise Directors to dis-apply pre-emption rights in respect of an additional 5% of the Company's issued share capital	87,487,205	85.00%	15,365,908	14.93%	3,121
14	To authorise the Directors to make market purchases of ordinary shares up to the limits set out in the notice of the AGM	78,075,751	98.80%	875,815	1.11%	23,904,668

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.

For further enquiries, please contact:

Strix Group Plc Mark Bartlett, CEO Raudres Wong, CFO	[phone]
Zeus (Nominated Advisor and Joint Broker) Nick Cowles / Jamie Peel / Jordan Warburton (Investment Banking)	[phone]
Stifel Nicolaus Europe Limited (Joint Broker) Matthew Blawat / Francis North	[phone]
IFC Advisory Limited (Financial PR and IR) Graham Herring / Tim Metcalfe / Florence Chandler	[phone]

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 trades on the AIM Market of the London Stock Exchange (AIM: KETL).

 

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