Ceres Power Holdings plc Result of AGM (5823J)

TIDMCWR

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     Against     Votes withheld   Total votes   % of issued 
                                        (number/%)        (number/%)      (number)       cast exc.        share 
                                                                                          withheld       capital 
                                                                                          (number)     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         804,440          899         85,654,775       63.45% 
                                          99.06%            0.94% 
                                   -------------------  ------------  ---------------  ------------  ------------- 
 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         809,047         13,097       85,642,577       63.44% 
                                          99.06%            0.94% 
                                   -------------------  ------------  ---------------  ------------  ------------- 
 3. To elect Ms Caroline 
  Hargrove as a Director 
  of the Company.                       85,642,739           846           12,089       85,643,585       63.44% 
                                          100.00%           0.00% 
                                   -------------------  ------------  ---------------  ------------  ------------- 
 4. To re-elect Mr Alan 
  Aubrey, who is retiring 
  by rotation, as a Director 
  of the Company.                       82,737,570         928,685       1,989,419      83,666,255       61,97% 
                                          98.89%            1.11% 
                                   -------------------  ------------  ---------------  ------------  ------------- 
 5. To re-elect Mr Stephen 
  Callaghan, who is retiring 
  by rotation, as a Director 
  of the Company.                       83,462,276        2,124,758        68,640       85,587,034       63.40% 
                                          97.52%            2.48% 
                                   -------------------  ------------  ---------------  ------------  ------------- 
 6. To re-elect Mr Richard 
  Preston, who is retiring 
  by rotation, as a Director 
  of the Company.                       85,654,173          1,501            -          85,655,674       63.45% 
                                          100.00%           0.00% 
                                   -------------------  ------------  ---------------  ------------  ------------- 
 7. To authorise the Directors 
  to allot certain shares 
  pursuant to section 551 
  of the Companies Act 2006.            85,638,653         16,989            32         85,655,642       63.45% 
                                          99.98%            0.02% 
                                   -------------------  ------------  ---------------  ------------  ------------- 
            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        1,849,649        1,619        85,654,055       63.45% 
                                          97.84%            2.16% 
                                   -------------------  ------------  ---------------  ------------  ------------- 
 

For further information please contact:

 
 
 Ceres Power Holdings plc                                 Tel: [phone] 
  Phil Caldwell / Richard Preston                                          463 
 
   Zeus Capital (Nominated Adviser                        Tel: [phone] 
   and Broker)                                                            5000 
   Andrew Jones / Dom King 
 
   Berenberg (Joint Broker)                               Tel: [phone] 
   Ben Wright / Mark Whitmore / Laure                                     7800 
   Fine 
 
   Powerscourt                                            Tel: [phone] 
   Peter Ogden / Niall Walsh                                              1446 
 
 
 

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(R) 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(R) in volume through manufacturing partners.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

RAGFSIFMIFASEEE

(END) Dow Jones Newswires

December 05, 2018 11:28 ET (16:28 GMT)