XP Power Limited Result of AGM (1102K)

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RNS Number : 1102K

XP Power Limited

06 April 2018

6 April 2018

XP Power Limited

("XP Power" or "the Company")

Result of Annual General Meeting

The Annual General Meeting of XP Power Limited was held at 401 Commonwealth Drive, Haw Par Technocentre, Lobby B, #02-02, Singapore 149598 on 6 April 2018, commencing at 5.00 p.m. Singapore time. All resolutions were unanimously passed by show of hands.

For information, the following table shows the total votes cast by proxy voting. The total number of shares in issue was 19,242,296.

 
 Resolution    Resolution description    In Favour                Against            Withheld 
   number 
                                           Votes         %          Votes     %         Votes 
-----------  -------------------------  -----------  --------  ----------  ------  ---------- 
              To receive and 
               adopt the reports 
     1         and audited accounts      12,056,214   100.00%           0   0.01%         920 
-----------  -------------------------  -----------  --------  ----------  ------  ---------- 
              To approve the 
     2         final dividend            12,056,214   100.00%           0   0.00%           0 
-----------  -------------------------  -----------  --------  ----------  ------  ---------- 
              To re-elect Duncan 
     3         Penny                     12,055,714   100.00%           0   0.00%         500 
-----------  -------------------------  -----------  --------  ----------  ------  ---------- 
              To re-elect Polly 
     4         Williams                  10,840,429    97.20%     312,658   2.80%     903,127 
-----------  -------------------------  -----------  --------  ----------  ------  ---------- 
              To re-elect Peter 
     5         Bucher                    11,152,033   100.00%         544   0.00%     903,627 
-----------  -------------------------  -----------  --------  ----------  ------  ---------- 
              To re-elect Gavin 
     6         Griggs                    12,051,952    99.97%       3,762   0.03%         500 
-----------  -------------------------  -----------  --------  ----------  ------  ---------- 
              To re-elect James 
     7         Peters                    11,885,945    98.71%     154,748   1.29%      15,521 
-----------  -------------------------  -----------  --------  ----------  ------  ---------- 
              To re-elect Terry 
     8         Twigger                   11,152,033   100.00%         554   0.00%     903,627 
-----------  -------------------------  -----------  --------  ----------  ------  ---------- 
              To re-elect Mike 
     9         Laver                     12,052,452    99.97%       3,762   0.03%           0 
-----------  -------------------------  -----------  --------  ----------  ------  ---------- 
              To re-elect Andy 
     10        Sng                       12,052,452    99.97%       3,762   0.03%           0 
-----------  -------------------------  -----------  --------  ----------  ------  ---------- 
     11       Reappoint auditors         12,009,543    99.62%      45,671   0.38%           0 
-----------  -------------------------  -----------  --------  ----------  ------  ---------- 
              Remuneration 
     12        of auditors               12,054,500    99.99%         714   0.01%       1,000 
-----------  -------------------------  -----------  --------  ----------  ------  ---------- 
              Approval of remuneration 
     13        report                     9,637,881    90.96%   1,005,189   9.44%   1,413,144 
-----------  -------------------------  -----------  --------  ----------  ------  ---------- 
              To increase the 
     14        borrowing limits          11,944,992    99.08%     110,722   0.92%         500 
-----------  -------------------------  -----------  --------  ----------  ------  ---------- 
              Authority to 
     15        allot shares              11,896,106    98.67%     160,108   1.33%           0 
-----------  -------------------------  -----------  --------  ----------  ------  ---------- 
              To authorize 
               the disapplication 
               of pre-emption 
     16        righst                    11,895,320    98.67%     159,894   1.33%       1,000 
-----------  -------------------------  -----------  --------  ----------  ------  ---------- 
              Authority for 
               the Company to 
               purchase its 
     17        own shares                12,011,023   99.63%       45,191   0.37%           0 
-----------  -------------------------  -----------  --------  ----------  ------  ---------- 
 

Note: Percentage of votes cast excludes withheld votes

Enquiries:

XP Power

Duncan Penny, Chief Executive Officer [phone]

Gavin Griggs, Chief Financial Officer [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 06, 2018 05:35 ET (09:35 GMT)