Plutus PowerGen PLC Result of AGM (4597Z)

TIDMPPG

RNS Number : 4597Z

Plutus PowerGen PLC

10 January 2020

Plutus PowerGen Plc / Ticker: PPG / Index: AIM

10 January 2020

PLUTUS POWERGEN PLC

("Plutus", the "Group" or the "Company")

Result of Annual General Meeting

Plutus PowerGen (AIM: PPG), the AIM quoted power company focused on the development and operation of flexible energy generation projects in the UK, announces that all resolutions put to shareholders at the Company's Annual General Meeting held earlier today were duly passed.

All resolutions were passed on a show of hands. The proxy votes received from shareholders on each resolution are set out below.

 
 Resolutions               Votes   %              Votes against   %       Votes          Votes withheld** 
                            for*                                           total 
 Ordinary Resolutions 
 Resolution 1 
  - approve the 
  financial statements 
  at 30 April 
  2019                     81.5%   393,450,578    89,042,198      18.5%   482,492,776    49,645,814 
 Resolution 2 
  - to re-elect 
  Timothy Cottier 
  as a Director 
  of the Company           59.1%   313,661,055    217,325,129     40.9%   530,986,184    1,152,406 
 Resolution 3 
  - re-appoint 
  PKF Littlejohn 
  LLP as auditors 
  and to authorise 
  the Directors 
  to fix their 
  remuneration             81.5%   393,420,689    89,059,681      18.5%   482,480,370    49,658,220 
 Resolution 4 
  - authorise 
  the Directors 
  to allot the 
  shares                   74.6%   360,078,538    122,401,832     25.4%   482,480,370    49,658,220 
 Special Resolution 
 Resolution 5 
  - dis-apply 
  statutory pre-emption 
  rights                   74.6%    360,104,838    122,375,532    25.4%    482,480,370   49,658,220 
 

*Includes discretionary votes

**A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" or "Against" any of the resolutions

**ENDS**

For further information, please visit www.plutuspowergen.com, or contact:

 
                                                 [phone] 
 Plutus PowerGen Plc                              6562 
 Charles Tatnall, Executive Chairman 
 
 Allenby Capital Limited (Nominated Adviser      [phone] 
  and Joint Broker)                               5656 
 Nick Athanas 
  James Hornigold 
 
 Turner Pope Investments (TPI) Limited (Joint    [phone] 
  Broker)                                         4120 
 Andy Thacker 
 
                                                 [phone] 
 St Brides Partners Limited (Financial PR)        1177 
 Isabel de Salis 
 

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

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January 10, 2020 05:59 ET (10:59 GMT)