Result of AGM

RNS Number : 1102K

XP Power Limited

06 April 2018

 

                                                                                                                                    6 April 2018

 

XP Power Limited

("XP Power" or "the Company")

Result of Annual General Meeting

The Annual General Meeting of XP Power Limited was held at 401 Commonwealth Drive, Haw Par Technocentre, Lobby B, #02-02, Singapore 149598 on 6 April 2018, commencing at 5.00 p.m. Singapore time. All resolutions were unanimously passed by show of hands.

For information, the following table shows the total votes cast by proxy voting. The total number of shares in issue was 19,242,296.

Resolution number	Resolution description	In Favour		Against		Withheld
		Votes	%	Votes	%	Votes
1	To receive and adopt the reports and audited accounts	12,056,214	100.00%	0	0.01%	920
2	To approve the final dividend	12,056,214	100.00%	0	0.00%	0
3	To re-elect Duncan Penny	12,055,714	100.00%	0	0.00%	500
4	To re-elect Polly Williams	10,840,429	97.20%	312,658	2.80%	903,127
5	To re-elect Peter Bucher	11,152,033	100.00%	544	0.00%	903,627
6	To re-elect Gavin Griggs	12,051,952	99.97%	3,762	0.03%	500
7	To re-elect James Peters	11,885,945	98.71%	154,748	1.29%	15,521
8	To re-elect Terry Twigger	11,152,033	100.00%	554	0.00%	903,627
9	To re-elect Mike Laver	12,052,452	99.97%	3,762	0.03%	0
10	To re-elect Andy Sng	12,052,452	99.97%	3,762	0.03%	0
11	Reappoint auditors	12,009,543	99.62%	45,671	0.38%	0
12	Remuneration of auditors	12,054,500	99.99%	714	0.01%	1,000
13	Approval of remuneration report	9,637,881	90.96%	1,005,189	9.44%	1,413,144
14	To increase the borrowing limits	11,944,992	99.08%	110,722	0.92%	500
15	Authority to allot shares	11,896,106	98.67%	160,108	1.33%	0
16	To authorize the disapplication of pre-emption righst	11,895,320	98.67%	159,894	1.33%	1,000
17	Authority for the Company to purchase its own shares	12,011,023	99.63%	45,191	0.37%	0

Note: Percentage of votes cast excludes withheld votes

Enquiries:

XP Power                                                                                                                     

Duncan Penny, Chief Executive Officer                                                      [phone]

Gavin Griggs, Chief Financial Officer                                                           [phone]    

 

END

 

 

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