Result of AGM

RNS Number : 9127Z

Zotefoams PLC

26 May 2021

 

Zotefoams plc

('the Company')

Result of the 2021 Annual General Meeting

26 May 2021 - The 2021 Annual General Meeting of Zotefoams plc was held at the offices of Zotefoams plc, 675 Mitcham Road, Croydon CR9 3AL on 26 May 2021.

Proxy votes were received from shareholders in respect of 30,843,830  ordinary shares amounting to 63.4 % of the issued share capital. The total number of ordinary shares in issue in relation to the AGM is 48,621,234.

All resolutions put to the meeting were passed. Resolutions 1 to 13 inclusive were passed as ordinary resolutions on a show of hands and resolutions 14 to 18 inclusive were passed as special resolutions on a poll. The results of the poll vote and the proxy votes cast in respect of the resolutions received prior to the meeting were as follows:

Resolution		For	Against	Discretion	Votes Withheld
1.	To receive the Annual Report of the Company for the year ended 31 December 2020	30,834,790	0	9,040	250
2.	To approve the Annual Statement by the Chair of the Remuneration Committee and the Annual Report on Remuneration for the year ended 31 December 2020 set out on pages 70 to 80 of the Annual Report.	30,514,306	320,484	9,040	250
3.	To declare a final dividend for the year ended 31 December 2020 of 4.27 pence per ordinary share, such dividend to be payable on 1 June 2021 to shareholders on the register of members of the Company at the close of business on 7 May 2021.	30,834,790	0	9,040	250
4.	To re-elect S P Good as a Director.	29,408,438	1,400,352	9,040	26,250
5.	To elect D B Stirling as a Director.	30,808,790	0	9,040	26,250
6.	T o re-elect G C McGrath as a Director.	30,808,190	600	9,040	26,250
7.	T o re-elect J D Carling as a Director.	30,808,790	0	9,040	26,250
8.	T o re-elect A M Fielding as a Director.	30,406,794	401,396	9,040	26,850
9.	To re-elect D G Robertson as a Director.	30,808,790	0	9,040	26,250
10.	To re-elect C A Wall as a Director.	30,808,190	0	9,040	26,850
11.	To re-appoint PKF Littlejohn LLP as Auditor of the Company.	30,688,234	556	9,040	146,250
12.	To authorise the Audit Committee to determine the Auditor's remuneration.	30,808,234	556	9,040	26,250
13.	To authorise the Directors to allot shares.	30,256,568	172,430	382,315	32,767
14.	To authorise the Directors to allot equity securities for cash.	30,334,534	120,000	385,315	4,231
15.	To authorise the Directors, in addition to resolution 14, to allot further equity securities for financing (and refinancing) purposes only.	30,335,134	120,000	385,315	3,631
16.	To authorise market purchases of shares.	30,451,739	259	385,315	6,767
17.	That a general meeting other than an annual general meeting may be called on not less than 14 clear days' notice.	29,945,857	486,058	385,315	26,850
18	That, with effect from the conclusion of the AGM and pursuant to Section 21(1) of the Companies Act 2006, the Articles of Association produced to the meeting, and for the purpose of identification signed by the Chair, be approved and adopted as the Articles of Association of the Company in substitution for, and to the exclusion of, the existing Articles of Association of the Company.	30,312,515	120,000	385,315	26,250

Further details of the resolutions (including the text of the resolutions) are given in the Notice of the 2021 Annual General Meeting, which is at the rear of the 2020 Annual Report and which is also available on the Company's website.

Lydia Harratt

Group Company Secretary

Zotefoams plc

020 8664 1600

About Zotefoams plc

Zotefoams plc (LSE - ZTF) is a world leader in cellular materials technology delivering optimal material solutions for the benefit of society. Utilising a variety of unique manufacturing processes, including environmentally friendly nitrogen expansion for lightweight AZOTE^® polyolefin and ZOTEK^® high-performance foams, Zotefoams sells to diverse markets worldwide. Zotefoams uses its own cellular materials to manufacture T-FIT^® advanced insulation for demanding industrial markets. Zotefoams also owns and licenses patented microcellular foam technology to reduce plastic use in extrusion applications and for ReZorce^® mono-material recyclable barrier packaging.

Zotefoams is headquartered in Croydon, UK, with additional manufacturing sites in Kentucky, USA and Brzeg, Poland (foam manufacture), Oklahoma, USA (foam products manufacture and conversion), Massachusetts, USA (MuCell Extrusion) and Jiangsu Province, China (T-FIT).

www.zotefoams.com

AZOTE^®, ZOTEK^®, ReZorce^® and T-FIT^® are registered trademarks of Zotefoams plc.

 

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