Haydale Graphene Industries PLC Result of AGM (9678H)

TIDMHAYD

RNS Number : 9678H

Haydale Graphene Industries PLC

29 November 2022

 
 For immediate release   29 November 2022 
 

Haydale Graphene Industries plc

('Haydale' or the 'Company')

Result of AGM

The Annual General Meeting of the Company ("AGM") was held at 11.00 a.m. today at the Company's registered offices at Clos Fferws, Parc Hendre, Capel Hendre, Ammanford, SA18 3BL . All of the resolutions put to members were passed on a poll.

The number of votes lodged by proxy for and against each of the resolutions proposed, and the number of votes withheld, were as follows:

 
                                                           Votes                Votes 
       Resolution                     Votes        %      against        %     withheld 
                                       for 
 1. To receive the Company's 
  audited annual accounts 
  for the financial year 
  ended 30 June 2022              399,879,240   99.99     21,420      0.01     513,639 
                                 ------------  ------  ------------  ------  ---------- 
 2. To elect, as a director 
  of the Company, Ryan 
  Howard                          398,663,124   99.70    1,211,461    0.30     539,714 
                                 ------------  ------  ------------  ------  ---------- 
 3. To re-elect, as a 
  director of the Company, 
  David Banks                     240,106,512   60.02   159,966,425   39.98    341,362 
                                 ------------  ------  ------------  ------  ---------- 
 4. To re-elect, as a 
  director of the Company, 
  Mark Chapman                    240,244,886   60.05   159,828,051   39.95    341,362 
                                 ------------  ------  ------------  ------  ---------- 
 5. To re-appoint Crowe 
  UK LLP as auditors to 
  the Company                     398,772,378   99.70    1,191,837    0.30     450,084 
                                 ------------  ------  ------------  ------  ---------- 
 6. To authorise the Directors 
  to allot shares in the 
  Company up to the limits 
  specified in the resolution     398,824,427   99.64    1,428,347    0.36     161,525 
                                 ------------  ------  ------------  ------  ---------- 
 7. To authorise the Directors 
  to disapply pre-emption 
  rights up to the limits 
  specified in the resolution*    398,705,548   99.64    1,439,543    0.36     269,208 
                                 ------------  ------  ------------  ------  ---------- 
 

* Passed as a special resolution

As at 29 November 2022, there were 785,852,475 ordinary shares in issue. Shareholders are entitled to one vote per share. Votes withheld are not votes in law and so have not been included in the calculation of the proportion of votes for and against a resolution.

The Board is pleased that the majority of resolutions have been passed with a very high level of support from shareholders. The Board has considered the votes against resolutions 3 and 4, being the re-elections of directors David Banks and Mark Chapman, respectively. In order to better understand the reasons for these votes against, the Board has engaged with the majority of those shareholders that voted against these resolutions, considered their views and received feedback from the Company's advisers. The Board will continue to regularly engage with shareholders to understand and consider their views.

- Ends -

For further information:

 
 Haydale Graphene Industries plc 
 Keith Broadbent, CEO                    Tel: [phone] 
                                                   www.haydale.com 
 
 finnCap (Nominated Adviser & 
  Broker) 
 Julian Blunt/Edward Whiley, Corporate   Tel: [phone] 
  Finance 
 
  Andrew Burdis, ECM 
 

Notes to Editors

Haydale is a global technologies group and service provider that facilitates the integration of graphene and other nanomaterials into the next generation of industrial materials and commercial technologies. With expertise in graphene, other nanomaterials and Silicon Carbide, Haydale is able to deliver improvements in electrical, thermal and mechanical properties, Haydale has been granted patents for its technologies in Europe, USA, Australia, Japan and China and operates from five sites in the UK, USA and the Far East. For more information please visit: www.haydale.com or Twitter: @haydalegraphene

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November 29, 2022 08:55 ET (13:55 GMT)