Result of AGM

RNS Number : 5823J

Ceres Power Holdings plc

05 December 2018

 

5 December 2018

Ceres Power Holdings plc

("Ceres Power" or the "Company")

Result of the Annual General Meeting

Ceres Power Holdings plc (AIM: CWR), is pleased to announce that at the Annual General Meeting of shareholders held earlier today at Viking House, Foundry Lane, Horsham, RH13 5PX, all resolutions were duly passed.

The results of the proxy vote on the resolutions put at the Annual General Meeting were as follows:

	For/ discretionary (number/%)	Against (number/%)	Votes withheld (number)	Total votes cast exc. withheld (number)	% of issued share capital represented by the votes cast
Ordinary Resolutions
1.   To receive and consider the accounts of the Company for the financial year ended 30 June 2018, together with the reports of the Directors of the Company and auditor of the Company on those accounts.	84,850,335 99.06%	804,440 0.94%	899	85,654,775	63.45%
2.   To re-appoint KPMG LLP as auditor of the Company and to authorise the Board, through the Audit Committee, to fix their remuneration.	84,833,530 99.06%	809,047 0.94%	13,097	85,642,577	63.44%
3.   To elect Ms Caroline Hargrove as a Director of the Company.	85,642,739 100.00%	846 0.00%	12,089	85,643,585	63.44%
4.   To re-elect Mr Alan Aubrey, who is retiring by rotation, as a Director of the Company.	82,737,570 98.89%	928,685 1.11%	1,989,419	83,666,255	61,97%
5.   To re-elect Mr Stephen Callaghan, who is retiring by rotation, as a Director of the Company.	83,462,276 97.52%	2,124,758 2.48%	68,640	85,587,034	63.40%
6.   To re-elect Mr Richard Preston, who is retiring by rotation, as a Director of the Company.	85,654,173 100.00%	1,501 0.00%	-	85,655,674	63.45%
7.   To authorise the Directors to allot certain shares pursuant to section 551 of the Companies Act 2006.	85,638,653 99.98%	16,989 0.02%	32	85,655,642	63.45%
Special Resolution
8.   To authorise the Directors to allot shares without the application of statutory pre-emption rights in certain instances pursuant to sections 570 and 573 of the Companies Act 2006.	83,804,406 97.84%	1,849,649 2.16%	1,619	85,654,055	63.45%

For further information please contact:

Ceres Power Holdings plc Phil Caldwell / Richard Preston				Tel: [phone]
Zeus Capital (Nominated Adviser and Broker) Andrew Jones / Dom King				Tel: [phone]
Berenberg (Joint Broker) Ben Wright / Mark Whitmore / Laure Fine				Tel: [phone]
Powerscourt Peter Ogden / Niall Walsh				Tel: [phone]

Notes to Editors:

About Ceres Power

Ceres Power (http://www.cerespower.com/) is a world leader in low cost, next generation fuel cell technology for use in distributed power products that reduce operating costs, lower CO2, SOx and NOx emissions, increase efficiency and improve energy security. The Ceres Power unique patented SteelCell® technology generates power from widely available fuels at high efficiency and is manufactured using standard processing equipment and conventional materials such as steel, meaning that it can be mass produced at an affordable price for domestic and business use. Ceres Power offers its partners the opportunity to develop power systems and products using its unique technology and know-how, combined with the opportunity to supply the SteelCell® in volume through manufacturing partners.

 

END

 

 

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