XP Power Ltd Result of AGM

 
TIDMXPP 
 
14 April 2022 
 
                               XP Power Limited 
 
                         ("XP Power" or "the Company") 
 
                       Result of Annual General Meeting 
 
The Annual General Meeting of XP Power Limited was held at 19 Tai Seng Avenue, 
#07-01, Singapore 534054 on 14 April 2022, commencing at 5.00 p.m. Singapore 
time. All resolutions were unanimously passed by a show of hands. 
 
For information, the following table shows the total votes cast by proxy voting 
on the resolutions that were put to the meeting. The total number of ordinary 
shares in issue is 19,734,796 (excluding shares held in treasury). 
 
Resolution Resolution description       In Favour           Against         Withheld 
number 
 
                                    Votes      %age    Votes     %age       Votes 
 
    1      To receive the reports   15,195,069 100     0         0          125,872 
           and audited accounts for 
           the year ended 31 
           December 2021 
 
    2      To declare and approve a 15,320,941 100     0         0          0 
           final dividend of 36.0 
           pence per ordinary share 
           for the year ended 31 
           December 2021 
 
    3      To re-elect Gavin Griggs 15,320,920 99.99   21        0.01       0 
           as a Director 
 
    4      To re-elect Pauline      14,608,877 97.03   446,703   2.97       265,361 
           Lafferty as a Director 
 
    5      To re-elect Polly        15,207,624 99.26   113,317   0.74       0 
           Williams as a Director 
 
    6      To re-elect James Peters 14,305,642 95.86   617,401   4.14       397,898 
           as a Director 
 
    7      To re-elect Terry        15,106,752 98.6    214,189   1.4        0 
           Twigger as a Director 
 
    8      To re-elect Andy Sng as  15,320,415 99.99   526       0.01       0 
           a Director 
 
    9      To elect Oskar Zahn as a 15,319,894 99.99   547       0.01       500 
           Director 
 
    10     To elect Jamie Pike as a 15,320,420 99.99   21        0.01       500 
           Director 
 
    11     To reappoint PwC LLP as  15,155,320 99.38   94,826    0.62       70,795 
           Auditor of the Company 
 
    12     To authorise the         15,256,300 99.58   64,641    0.42       0 
           Directors to determine 
           the Auditor's 
           remuneration 
 
    13     To receive and adopt the 14,507,210 94.7    812,231   5.3        1,500 
           Directors' Remuneration 
           Report for the year 
           ended 31 December 2021 
 
    14     To approve the           15,318,920 99.99   521       0.01       1,500 
           Directors' fees of up to 
           £600,000 
 
    15     To authorise the         14,169,690 92.49   1,149,751 7.51       1,500 
           Directors to allot 
           shares up to two thirds 
           of the Company's issued 
           share capital 
 
    16     To authorised the        15,319,400 99.99   41        0.01       1,500 
           Directors to allot 
           ordinary shares on a non 
           pre-emptive basis 
 
    17     To authorised the        15,205,196 99.25   114,245   0.75       1,500 
           Directors to allot 
           ordinary shares on a non 
           pre-emptive basis for 
           acquisitions or capital 
           investments 
 
    18     To authorise the Company 15,320,791 99.99   150       0.01       0 
           to purchase its own 
           shares 
 
Notes: 
 
 1. Resolutions 1 to 15 (inclusive) were passed as ordinary resolutions and 
    resolutions 16 to 18 (inclusive) were passed as special resolutions. The 
    full text of the resolutions is set out in the Notice of Annual General 
    Meeting, a copy of which is on the Company's website https:// 
    www.xppowerplc.com/html/investor/agm and has also been made available for 
    inspection through the National Storage Mechanism which can be found at 
    https://data.fca.org.uk/#/nsm/nationalstoragemechanism. 
 2. The total votes cast amounted to 15,320,941, representing 77.63 per cent of 
    the Company's issued share capital (excluding shares held in treasury). 
 3. Any proxy appointments which gave discretion to the Chairman have been 
    included in the "Votes In Favour" total. 
 4. A "Vote Withheld" is not a vote in law and is not counted in the 
    calculation of the proportion for the "Votes In Favour" and "Votes Against" 
    a resolution. 
 
Enquiries: 
 
XP Power 
 
Gavin Griggs, Chief Executive Officer                       [phone] 
 
Oskar Zahn, Chief Financial Officer                           [phone] 
5155 
 
Citigate Dewe Rogerson 
 
Kevin Smith/Jos Bieneman                                          +44 (0)207 
638 9571 
 
 
 
END 
 
 

(END) Dow Jones Newswires

April 14, 2022 07:20 ET (11:20 GMT)