Result of AGM

SysGroup PLC

22 September 2023

 

22 September 2023

SysGroup plc

("SysGroup" or "Company")

Results of Annual General Meeting

SysGroup plc (AIM:SYS), technology services provider of managed IT services, cyber security and cloud hosting, is pleased to announce that all of the resolutions set out in the Notice of AGM were passed by the requisite majority at the Company's AGM, held earlier today.

Details of the proxy votes received by the Company are as follows:

	Resolution	Votes for		Votes Against		Total Votes received	Total Withheld Votes
		Number of Votes	%	Number of Votes	%
1	To receive the Annual Report and Financial Statements for year ended 31 March 2023	31,737,756	99.98	250	0	31,738,006	0
2	To re-appoint Michael Fletcher as a director	31,737,756	99.98	250	0	31,738,006	0
3	To re-appoint Martin Audcent as a director	31,737,756	99.98	250	0	31,738,006	0
4	To appoint Heejae Chae as a director	31,737,881	99.98	125	0	31,738,006	0
5	To re-appoint BDO LLP as auditors and to fix their remuneration	31,737,631	99.98	375	0	31,738,006	0
6	To authorise the Directors to allot shares in the Company pursuant to section 551 of the Companies Act 2006 ("2006 Act")	31,737,631	99.98	375	0	31,738,006	0
7	To authorise the disapplication of statutory pre-emption rights under section 570 of the Companies Act 2006*	31,564,326	99.43	173,680	0.55	31,738,006	0
8	To authorise the Company to make market purchases of its own shares in accordance with section 701 of the 2006 Act*	31,564,451	99.43	173,555	0.55	31,738,006	0

*Special resolution

Notes:

1.     Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.

2.    Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.

3.    A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against".

4.    The number of shares in issue on 22 September 2023 was 51,496,084 with 2,561,394 shares in treasury. 

5.    The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Group's website at https://www.sysgroup.com/about-us/investors

For further information please contact: SysGroup plc Heejae Chae, Executive Chairman Martin Audcent, Chief Financial Officer	Tel: [phone]
Liberum (Nomad and Broker) Edward Mansfield Matt Hogg	Tel: [phone]
Alma PR (Financial PR) Josh Royston Matthew Young	Tel: [phone]

About SysGroup

SysGroup is a multi-award-winning technology solutions provider that creates value through technology transformation. Our mission is to supercharge the UK mid-market and we have built our business around our customers' challenges, enabling them to drive productivity, increase their resilience, mitigate risk and become more sustainable. Our bespoke solutions are at the forefront of technology innovation, combining world-class, green technology infrastructure with cutting-edge expertise and best-in-breed partners.

The Group has offices in Bristol, Edinburgh, Liverpool, London, Manchester and Newport.

For more information, visit http://www.sysgroup.com

 

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