Velocys PLC Result of AGM (0949T)

TIDMVLS

RNS Number : 0949T

Velocys PLC

29 June 2018

News release

Velocys plc

("Velocys" or "the Company")

29 June 2018

Results of Annual General Meeting

Velocys plc (VLS.L), the renewable fuels company, announces that, at its Annual General Meeting held earlier today, all resolutions put to shareholders were duly passed on a show of hands.

Full details of the resolutions passed are set out in the Notice of Meeting which is available on the Company's website www.velocys.com.

 
 Resolutions                                For / Discretion      Against          Total         Vote withheld* 
                                            Number        %       Number    % 
                                           ------------  ------  --------  ----- 
 1. To receive, consider 
  and adopt the annual 
  accounts of the Company 
  as at 31 December 2017 
  and the Directors' 
  and auditors' reports 
  thereon                                   224,135,006   99.98    50,724   0.02   224,185,370           14,368 
                                           ------------  ------  --------  -----  ------------  --------------- 
 2. To re-elect Sandy 
  Shaw                                      224,135,874   99.98    50,724   0.02   224,186,598           13,500 
                                           ------------  ------  --------  -----  ------------  --------------- 
 3. To re-elect David 
  Pummell                                   224,145,874   99.98    50,724   0.02   224,196,598            3,500 
                                           ------------  ------  --------  -----  ------------  --------------- 
 4. To re-elect Pierre 
  Jungels                                   224,145,874   99.98    50,724   0.02   224,196,598            3,500 
                                           ------------  ------  --------  -----  ------------  --------------- 
 5. To re-elect Andrew 
  Morris                                    224,145,874   99.98    50,724   0.02   224,196,598            3,500 
                                           ------------  ------  --------  -----  ------------  --------------- 
 6. To elect Paul Schubert                  224,133,953   99.98    52,645   0.02   224,186,598           13,500 
                                           ------------  ------  --------  -----  ------------  --------------- 
 7. To re-appoint PricewaterhouseCoopers 
  LLP as auditors to 
  the Company                               224,129,164   99.97    67,434   0.03   224,196,598            3,500 
                                           ------------  ------  --------  -----  ------------  --------------- 
 8. To authorise the 
  Directors to determine 
  the auditors' remuneration                224,145,874   99.98    50,724   0.02   224,196,598            3,500 
                                           ------------  ------  --------  -----  ------------  --------------- 
 9. To authorise the 
  Directors to allot 
  equity securities pursuant 
  to the articles of 
  association of the 
  Company                                   223,945,516   99.89   254,582   0.11   224,200,098                - 
                                           ------------  ------  --------  -----  ------------  --------------- 
 10. To authorise the 
  Directors to allot 
  equity securities for 
  cash disapplying pre-emption 
  rights in the Company's 
  articles of association                   223,890,130   99.87   295,400   0.13   224,185,530           14,568 
                                           ------------  ------  --------  -----  ------------  --------------- 
 11. To authorise the 
  Company to purchase 
  its own shares                            224,096,306   99.96    89,224   0.04   224,185,530           14,568 
                                           ------------  ------  --------  -----  ------------  --------------- 
 

* *'Vote withheld' is not a vote in law and is not counted in the calculation of the proportion of the votes 'For' and 'Against' a resolution.

- Ends -

For further information, please contact:

 
 Velocys 
  David Pummell, CEO                           [phone] 
 Numis Securities (Nomad and joint broker) 
  Alex Ham 
  Stuart Skinner 
  Jamie Lillywhite 
  Tom Ballard                                  [phone] 
 Canaccord Genuity (Joint broker) 
  Henry Fitzgerald-O'Connor 
  Ben Griffiths                                [phone] 
 
 Camarco (UK financial communications & PR) 
  Billy Clegg 
  Georgia Edmonds 
  Tom Huddart                                  [phone] 
 

Certain information contained in this announcement would have constituted inside information (as defined by Article 7 of Regulation (EU) No 596/2014) prior to its release as part of this announcement.

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June 29, 2018 07:52 ET (11:52 GMT)