Tricorn Group PLC Notice of AGM (3219R)

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RNS Number : 3219R

Tricorn Group PLC

05 March 2021

5 March 2021

Tricorn Group plc

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

Notice of Annual General Meeting

Tricorn Group plc (AIM: TCN.L), the AIM listed tube manipulation specialist, announces that a Notice of Annual General Meeting ("AGM"), is being posted to shareholders today. The AGM will be held at the offices of the Company at Spring Lane, Malvern Link, Malvern WR14 1DA, at 10.30 on 31 March 2021.

The Board recognises the current issues surrounding the continuing COVID-19 situation and the health of our shareholders, employees and other stakeholders is of paramount importance to it. As a result of that situation and the need to have a safe and secure meeting, it has decided, in line with recent UK legislation on holding company meetings during the COVID-19 pandemic and our Articles, that this year's AGM will be convened with a minimum quorum of shareholders (which will be comprised of the Company's non-executive directors) in order to conduct the functional business of the AGM.

Therefore, the AGM will be held as a closed meeting and, sadly, the Company will be unable to welcome shareholders to its AGM in the usual way. Accordingly, shareholders (and any appointed proxies (other than the Chairman of the AGM) or corporate representatives) will not be granted access to the AGM in person. Given this, the Board strongly urges shareholders to vote by proxy as early as possible. To ensure that your vote is counted, it is particularly important that you appoint the Chairman of the AGM as your proxy, as any other person who might be appointed will not be allowed access to the AGM.

In light of the above, the Company is establishing an alternative way for shareholders to ask questions of the Board. To that end, shareholders who wish to ask a question of the Board relating to the business of the meeting can do so by sending an e-mail to [e-mail] by no later than close of business on Friday 26 March 2021. Questions will then be addressed and answered, subject to certain conditions as set out in the Notice of AGM, in the manner considered most appropriate by the Company given the nature of the question, which is expected to be either by e-mail or via a statement on the Company's website, www.tricorn.uk.com.

The Company is proposing a resolution at the AGM (Resolution 8), which authorises the Chairman to adjourn the AGM for not more than three months in accordance with regulations 64.1 and 65 of the Company's articles of association ("Articles"). This resolution is proposed to enable the Company to complete and publish its Annual Report and Accounts for the 18 months ended 30 September 2020 on or before 30 June 2021 in accordance with the permitted extension for publishing the same granted to the Company, as announced on 25 February 2021.

For further information please contact:

Tricorn Group plc www.tricorn.uk.com

Andrew Moss, Chairman Tel [phone]

   Michael Stock, Chief Executive/Group Finance Director                  Tel [phone] 

Shore Capital Tel [phone]

Tom Griffiths

David Coaten

Henry Willcocks

Notes to Editors:

Tricorn is a value-added manufacturer and specialist manipulator of pipe and tubing assemblies to niche markets worldwide.

Headquartered in Malvern, UK, Tricorn employs around 300 employees and has five manufacturing facilities in China, USA and UK.

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March 05, 2021 05:00 ET (10:00 GMT)