Alphawave IP Group PLC Result of AGM (8775N)

TIDMAWE

RNS Number : 8775N

Alphawave IP Group PLC

06 June 2022

6 June 2022

Alphawave IP Group plc

Result of Annual General Meeting

All Resolutions Approved

Alphawave IP Group plc (the "Company") announces that at its annual general meeting ("AGM") held earlier today at the offices of Linklaters LLP, One Silk St, London EC2Y 8HQ each of the resolutions as set out in the Notice of AGM were passed by the requisite majority. Each of the resolutions put to the AGM was voted on by a poll of shareholders. The results received for each resolution were as follows:

 
 No.   Resolution                          For                 Against           Votes          Total 
                                                                                Withheld        issued 
                                                                                             share capital 
                                                                                              instructed 
                                     Number        %        Number       %       Number           % 
                                    of shares              of shares            of shares 
                                  ------------  -------  -----------  ------  -----------  --------------- 
       To receive the Directors' 
        Report, Auditor's 
        Report and Financial 
        Statements for the 
        year ended 31 December 
 1      2021                       635,894,751   100.00     3,750      0.00     100,364         94.58% 
      --------------------------  ------------  -------  -----------  ------  -----------  --------------- 
       To approve the Directors' 
 2      Remuneration Report        635,783,146   99.98     115,061     0.02     100,058         94.58% 
      --------------------------  ------------  -------  -----------  ------  -----------  --------------- 
       To approve the Directors' 
 3      Remuneration Policy        635,690,571   99.97     207,164     0.03     100,530         94.58% 
      --------------------------  ------------  -------  -----------  ------  -----------  --------------- 
       To re-elect John 
        Lofton Holt as a 
        Director of the 
 4      Company                    618,137,891   97.21    17,742,999   2.79     117,975         94.57% 
      --------------------------  ------------  -------  -----------  ------  -----------  --------------- 
       To re-elect Tony 
        Pialis as a Director 
 5      of the Company             635,842,999   99.99      37,891     0.01     117,975         94.57% 
      --------------------------  ------------  -------  -----------  ------  -----------  --------------- 
       To re-elect Daniel 
        Aharoni as a Director 
 6      of the Company             635,672,306   99.97     208,544     0.03     118,015         94.57% 
      --------------------------  ------------  -------  -----------  ------  -----------  --------------- 
       To re-elect Sehat 
        Sutardja as a Director 
 7      of the Company             632,198,059   99.42    3,677,831    0.58     122,975         94.57% 
      --------------------------  ------------  -------  -----------  ------  -----------  --------------- 
       To re-elect Jan 
        Frykhammar as a 
        Director of the 
 8      Company                    555,790,664   87.41    80,085,226   12.59    122,975         94.57% 
      --------------------------  ------------  -------  -----------  ------  -----------  --------------- 
       To re-elect Paul 
        Boudre as a Director 
 9      of the Company             632,199,426   99.42    3,676,464    0.58     122,975         94.57% 
      --------------------------  ------------  -------  -----------  ------  -----------  --------------- 
       To re-elect Susan 
        Buttsworth as a 
        Director of the 
 10     Company                    635,791,016   99.98     107,355     0.02     100,494         94.58% 
      --------------------------  ------------  -------  -----------  ------  -----------  --------------- 
       To re-elect Michelle 
        De Fonseca as a 
        Director of the 
 11     Company                    598,663,313   94.15    37,222,058   5.85     113,494         94.57% 
      --------------------------  ------------  -------  -----------  ------  -----------  --------------- 
       To re-elect Victoria 
        Hull as a Director 
 12     of the Company             635,587,587   99.95     305,784     0.05     105,494         94.58% 
      --------------------------  ------------  -------  -----------  ------  -----------  --------------- 
       To re-elect Rosalind 
        Singleton as a Director 
 13     of the Company             635,820,891   99.99      72,480     0.01     105,494         94.58% 
      --------------------------  ------------  -------  -----------  ------  -----------  --------------- 
       To re-appoint KPMG 
        LLP as Auditor of 
 14     the Company                635,292,731   99.90     612,140     0.10      93,994         94.58% 
      --------------------------  ------------  -------  -----------  ------  -----------  --------------- 
       To authorise the 
        Audit Committee 
        to determine the 
 15     Auditor's remuneration     635,744,110   99.98     152,178     0.02     102,577         94.58% 
      --------------------------  ------------  -------  -----------  ------  -----------  --------------- 
       To authorise the 
        Company to make 
 16     political donations        590,316,522   99.99      77,126     0.01    45,605,217       87.81% 
      --------------------------  ------------  -------  -----------  ------  -----------  --------------- 
       To authorise the 
        Directors to allot 
 17     shares                     633,189,126   99.57    2,714,683    0.43      95,056         94.58% 
      --------------------------  ------------  -------  -----------  ------  -----------  --------------- 
       Authority to disapply 
        pre-emption rights 
        without restriction 
 18*    as to use                  635,289,416   99.92     499,260     0.08     210,189         94.56% 
      --------------------------  ------------  -------  -----------  ------  -----------  --------------- 
       Authority to disapply 
        pre-emption rights 
        for acquisitions 
        or specified capital 
 19*    investments                635,745,404   99.98     157,425     0.02      96,036         94.58% 
      --------------------------  ------------  -------  -----------  ------  -----------  --------------- 
       To authorise the 
        Company to purchase 
 20*    its own shares             635,889,216   100.00     13,377     0.00      96,272         94.58% 
      --------------------------  ------------  -------  -----------  ------  -----------  --------------- 
       To approve the Rule 
 21     9 Waiver                   215,942,127   69.20    96,101,993   30.80   23,361,789       46.41% 
      --------------------------  ------------  -------  -----------  ------  -----------  --------------- 
       Authority to call 
        general meetings 
        (other than AGMs) 
        on 14 clear days' 
 22*    notice                     632,286,202   99.43    3,618,462    0.57      94,201         94.58% 
      --------------------------  ------------  -------  -----------  ------  -----------  --------------- 
 * special resolution 
 

In accordance with the provisions of the City Code, each member of the Founder Concert Party (being John Lofton Holt, Rajeevan Mahadevan, Tony Pialis, and Jonathan Rogers), is considered to be interested in the outcome of Resolution 21 (the Rule 9 Waiver Resolution) and, accordingly, each of them has not voted on this resolution. This Resolution has therefore been approved by a majority of the votes cast by the independent shareholders of the Company.

*Special Resolution

 
 NOTES: 
 
 1.       Votes "For" and "Against" any resolution are expressed as 
           a percentage (rounded to two decimal places) of votes validly 
           cast for that resolution. 
 2.       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" any resolution nor in the calculation of the 
           total capital instructed. 
 3.       The number of shares in issue at close of business on 01 June 
           2022 was 672,368,797. There were no shares held in treasury. 
           The total number of voting rights in the Company is therefore 
           672,368,797. Up to 94.58% of voting capital was instructed 
           (excluding votes withheld). 
 4.       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 Company's website at https://www.awaveip.com/en/investors/ 
 5.       Copies of resolutions 1 to 22 will be made available for inspection 
           from the National Storage Mechanism, situated at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism 
           . 
 6.       These poll results (which include proxy results lodged before 
           the AGM) will be available shortly on the Company's website 
           at https://www.awaveip.com/en/investors/ 
 

For further information about this announcement please contact:

Kathy Cong

On behalf of Link Company Matters Limited

Company Secretary

Email: [e-mail]

6 June 2022

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