AMTE Power PLC Result of AGM (7070S)

TIDMAMTE

RNS Number : 7070S

AMTE Power PLC

17 November 2021

17 November 2021

AMTE POWER PLC

Result of AGM

AMTE Power plc ("AMTE Power" or the "Company"), a developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist markets, announces that at its Annual General Meeting held earlier today all resolutions were passed.

Resolutions 1 to 11 were passed as Ordinary Resolutions and Resolution 12 and 13 were passed as Special Resolutions. Voting on all resolutions at the Annual General Meeting was conducted by a poll and the results are as follows:

 
      Resolution                                For       %     Against      %   Vote total     Vote total   Withheld* 
                                                                                                    as a % 
                                                                                                 of issued 
                                                                                                   capital 
      To receive and adopt the 
       Company s annual report 
       and audited accounts for 
       the financial year ended 
  1    30 June 2021                      19,925,852   99.9%         521   0.1%   19,926,373          55.8%         106 
      To approve the directors 
  2    remuneration report               18,918,263   94.9%   1,007,145   5.1%   19,925,408          55.8%       1,071 
      To re-elect David Morgan 
  3    as a director                     19,920,795   99.9%       4,928   0.1%   19,925,723          55.8%         756 
      To re-elect Kevin Brundish 
  4    as a director                     19,921,295   99.9%       4,928   0.1%   19,926,223          55.8%         256 
      To re-elect Alyson Levett 
  5    as a director                     19,921,295   99.9%       4,928   0.1%   19,926,223          55.8%         256 
      To re-elect Adam Park as 
  6    a director                        19,896,032   99.9%       4,928   0.1%   19,900,960          55.7%      25,519 
      To re-elect Viscount Thurso 
  7    PC as a director                  19,921,295   99.9%       4,928   0.1%   19,926,223          55.8%         256 
      To re-elect James Hobson 
  8    as a director                     19,921,295   99.9%       4,928   0.1%   19,926,223          55.8%         256 
      To reappoint Saffery Champness 
  9    LLP as auditor                    19,925,499   99.9%         874   0.1%   19,926,373          55.8%         106 
      To authorise the directors 
       to agree remuneration of 
 10    auditors                          19,925,852   99.9%         521   0.1%   19,926,373          55.8%         106 
      To authorise the directors 
       to allot shares in the 
 11    Company                           18,927,577   95.0%     998,646   5.0%   19,926,223          55.8%         256 
      To disapply statutory 
      pre-emption 
 12   rights                             18,927,277   95.0%     998,646   5.0%   19,925,923          55.8%         556 
      To approve cancellation 
       of the Company's share 
 13    premium account                   19,920,954   99.9%       3,784   0.1%   19,924,738          55.8%       1,741 
 
      * A vote withheld is not a vote in law and is not counted in the 
       calculation of the proportion of votes "For" or "Against" a resolution. 
 

For further information contact:

 
AMTE Power plc                               Tel: [phone] 
 Kevin Brundish (Chief Executive Officer) 
 James Hobson (Chief Financial Officer) 
WH Ireland Limited (NOMAD and Joint Broker)  Tel: [phone] 
 Chris Fielding / B en Good 
SI Capital Limited (Joint Broker)            Tel: [phone] 
 Nick Emerson / Nick Briers 
Novella Communications                       Tel: [phone] 
 Tim Robertson / Fergus Young 
 

ABOUT AMTE POWER PLC

AMTE Power was founded in 2013 and is a leading developer and manufacturer of lithium-ion battery cells for specialist markets. In March 2021, the Company listed on the AIM market of the London Stock Exchange, making the Company the only listed UK battery manufacturer. The Company is focused on launching a series of next generation battery cells based on new chemistries and cell structures that are designed to solve key problems in power delivery, energy performance, and safety. These new products are targeted at a range of specialist markets including the automotive industry, oil and gas market and energy storage sector. AMTE's purpose-built cell manufacturing facility in Thurso, Scotland has the second largest cell manufacturing capacity in the UK and the Company also has a product development team based in Oxford. For further information visit the Company's website: www.amtepower.com

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November 17, 2021 08:30 ET (13:30 GMT)