Bytes Technology Group PLC Result of AGM (8370F)

TIDMBYIT

RNS Number : 8370F

Bytes Technology Group PLC

12 July 2023

12 July 2023

Bytes Technology Group plc

('BTG', 'the Company')

Results of Annual General Meeting

BTG announces that at its Annual General Meeting ('AGM') held today, 12 July 2023, all resolutions set out in the Notice of the AGM were passed by the requisite majority of votes. A poll was taken on the resolutions put to the meeting.

The results of the poll for each resolution, incorporating proxy votes lodged in advance of the meeting, were as follows:

 
                        VOTES         %         VOTES        %       TOTAL SHARES   % OF       VOTES 
                         FOR                     AGAINST              VOTED          ISSUED     WITHHELD 
                                                                                     SHARE 
                                                                                     CAPITAL 
                                                                                     VOTED 
 ORDINARY 
  RESOLUTIONS 
                       ------------  --------  -----------  ------  -------------  ---------  ---------- 
 1. Receipt 
  of the 2023 
  Annual Report 
  and Accounts          212,551,497   100.00%   290          0.00%   212,551,787    88.75%     219,454 
                       ------------  --------  -----------  ------  -------------  ---------  ---------- 
 2. Approval 
  of the Directors' 
  Remuneration 
  Report                210,283,647   98.85%    2,454,042    1.15%   212,737,689    88.83%     33,552 
                       ------------  --------  -----------  ------  -------------  ---------  ---------- 
 3. To pay 
  a final dividend      212,764,467   100.00%   290          0.00%   212,764,757    88.84%     6,484 
                       ------------  --------  -----------  ------  -------------  ---------  ---------- 
 4. To pay 
  a special 
  dividend              212,764,352   100.00%   405          0.00%   212,764,757    88.84%     6,484 
                       ------------  --------  -----------  ------  -------------  ---------  ---------- 
 5. To elect 
  Sam Mudd 
  as a Director         209,876,158   98.65%    2,876,841    1.35%   212,752,999    88.84%     18,242 
                       ------------  --------  -----------  ------  -------------  ---------  ---------- 
 6. To re-elect 
  Patrick De 
  Smedt as 
  a Director            201,217,057   95.26%    10,015,341   4.74%   211,232,398    88.20%     1,538,843 
                       ------------  --------  -----------  ------  -------------  ---------  ---------- 
 7. To re-elect 
  Andrew Holden 
  as a Director         209,352,027   98.40%    3,400,972    1.60%   212,752,999    88.84%     18,242 
                       ------------  --------  -----------  ------  -------------  ---------  ---------- 
 8. To re-elect 
  Neil Murphy 
  as a Director         209,867,373   98.64%    2,885,626    1.36%   212,752,999    88.84%     18,242 
                       ------------  --------  -----------  ------  -------------  ---------  ---------- 
 9. To re-elect 
  Mike Phillips 
  as a Director         208,660,642   98.11%    4,018,283    1.89%   212,678,925    88.81%     18,242 
                       ------------  --------  -----------  ------  -------------  ---------  ---------- 
 10. To re-elect 
  Erika Schraner 
  as a Director         196,968,943   92.58%    15,783,555   7.42%   212,752,498    88.84%     18,743 
                       ------------  --------  -----------  ------  -------------  ---------  ---------- 
 11. To re-elect 
  Alison Vincent 
  as a Director         209,804,011   98.61%    2,946,607    1.39%   212,750,618    88.84%     20,623 
                       ------------  --------  -----------  ------  -------------  ---------  ---------- 
 12. Authority 
  to re-appoint 
  Ernst & Young 
  LLP as auditor        212,669,709   99.96%    95,047       0.04%   212,764,756    88.84%     6,485 
                       ------------  --------  -----------  ------  -------------  ---------  ---------- 
 13. Remuneration 
  of the auditor        212,650,780   99.95%    112,997      0.05%   212,763,777    88.84%     7,464 
                       ------------  --------  -----------  ------  -------------  ---------  ---------- 
 14. Authority 
  to allot 
  new shares            198,487,235   93.29%    14,276,543   6.71%   212,763,778    88.84%     7,463 
                       ------------  --------  -----------  ------  -------------  ---------  ---------- 
 15. Authority 
  to make political 
  donations             203,496,152   95.65%    9,247,642    4.35%   212,743,794    88.83%     27,447 
                       ------------  --------  -----------  ------  -------------  ---------  ---------- 
 SPECIAL 
  RESOLUTIONS 
                       ------------  --------  -----------  ------  -------------  ---------  ---------- 
 16. Disapplication 
  of pre-emption 
  rights                212,164,763   99.73%    576,613      0.27%   212,741,376    88.83%     29,865 
                       ------------  --------  -----------  ------  -------------  ---------  ---------- 
 17. Disapplication 
  of pre-emption 
  rights for 
  purposes 
  of 
  acquisitions 
  and other 
  capital investment    212,304,876   99.79%    448,966      0.21%   212,753,842    88.84%     17,399 
                       ------------  --------  -----------  ------  -------------  ---------  ---------- 
 18. Authority 
  for the company 
  to purchase 
  its ordinary 
  shares                212,152,679   99.97%    69,612       0.03%   212,222,291    88.62%     548,950 
                       ------------  --------  -----------  ------  -------------  ---------  ---------- 
 19. Notice 
  period for 
  general meetings 
  other than 
  annual 
  general meetings      209,124,116   98.29%    3,630,242    1.71%   212,754,358    88.84%     16,883 
                       ------------  --------  -----------  ------  -------------  ---------  ---------- 
 

Directorate Changes

As announced on 12 April 2023 and following the conclusion of the AGM, the Company confirms the appointment of Sam Mudd as an Executive Director and that David Maw has stepped down from his role as a Non-Executive Director.

Notes:

- Proxy appointments giving discretion to the Chair of the meeting have been included in the "For" total.

- A vote "Withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" a resolution.

- The Company's total ordinary shares in issue (total voting rights) as at 10 July 2023, being the record date at which a person had to be registered in the Company's register of members in order to vote at the AGM, was 239,482,333 ordinary shares of GBP0.01 each. Ordinary shareholders are entitled to one vote per ordinary share held.

In compliance with Listing Rule 9.6.2, a copy of the resolutions passed at the AGM will be submitted to the Financial Conduct Authority via the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

A copy of this announcement will be available at: https://www.bytesplc.com/investors/shareholder-information/

Enquiries

 
   WK Groenewald                Tel: [phone] 
   Group Company Secretary 
   Bytes Technology Group plc 
 

The Company has a primary listing on the Main Market of the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange.

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July 12, 2023 10:30 ET (14:30 GMT)