SIMEC Atlantis Energy Limited Results of Annual General Meeting (1242J)

TIDMSAE

RNS Number : 1242J

SIMEC Atlantis Energy Limited

11 August 2023

RNS

11 August 2023

SIMEC Atlantis Energy Limited

("SAE Renewables", "SAE" or the "Company")

Results of Annual General Meeting

SAE announces the results of its Company's Annual General Meeting, held today, August 11(th) 2023. Resolutions 1 to 7 and resolution 9 were duly passed. Resolution 8, proposed as an ordinary resolution relating to the disapplication of pre-emption rights, did not achieve the required 50% of votes cast and therefore was not passed.

The results are set out below:

 
 RESOLUTIONS   FOR           %age     AGAINST       %age AGAINST   WITHHELD     TOTAL 
                              FOR 
 1             274,597,622   99.98%   41,392        0.02%          -            274,639,014 
 2             258,923,487   98.07%   5,091,615     1.93%          10,623,912   274,639,014 
 3             274,537,622   99.98%   41,392        0.02%          60,000       274,639,014 
 4             274,597,622   99.98%   41,392        0.02%          -            274,639,014 
 5             274,544,906   99.97%   89,485        0.03%          4,623        274,639,014 
 6             269,546,478   98.15%   5,087,913     1.85%          4,623        274,639,014 
 7             274,540,589   99.97%   93,802        0.03%          4,623        274,639,014 
 8             44,308,545    16.78%   219,702,336   83.22%         10,628,133   274,639,014 
 9             263,916,309   99.96%   93,187        0.04%          10,629,518   274,639,014 
 

A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes for and against the resolution.

For more information, please contact

 
 SAE Renewables 
  Sean Parsons, Director of External 
  Affair                               [phone] 
 
 Strand Hanson Limited (Nominated 
  and Financial Adviser) 
  Richard Johnson 
  Rory Murphy 
  David Asquith                        [phone] 
 
 Zeus Capital Limited (Broker) 
  Louisa Waddell 
  Simon Johnson                        [phone] 
 
 

Notes to Editors

SAE is a global developer, owner and operator of sustainable energy projects. The Group holds equity positions in the world's flagship tidal stream project, MeyGen and the Uskmouth power station site that is being repurposed into a sustainable energy park initially housing battery energy storage projects.

https://www.saerenewables.com/

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END

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August 11, 2023 09:53 ET (13:53 GMT)