Company Announcements

Result of AGM

Source: RNS
RNS Number : 8091E
AB Dynamics PLC
28 February 2024
 

 

28 February 2024

AB Dynamics plc 

("AB Dynamics", the "Company" or the "Group") 

Result of Annual General Meeting 

AB Dynamics plc ("AB Dynamics", the "Company" or the "Group"), the designer, manufacturer and supplier of advanced testing, simulation and measurement products to the global transport market, is pleased to announce that at the Annual General Meeting, held earlier today, all resolutions were duly passed. 

A breakdown of the proxy votes lodged prior to, and votes received at the meeting for each resolution is set out below.

 

 

FOR

No. of votes 'For' and discretionary

%

Against

%

Withheld

1

To receive the Directors' report, the Auditor's report and the accounts for the year ended 31 August 2023

16,143,622

100.00%

202

0.00%

12,584

2

To approve the Directors' remuneration report

15,723,858

97.35%

427,886

2.65%

4,664

3

To declare a final dividend of 4.42p per share

16,120,094

100.00%

202

0.00%

36,112

4

To re-appoint Richard Elsy as a Director of the Company

15,876,918

98.29%

275,599

1.71%

3,891

5

To re-appoint Louise Evans as a Director of the Company

16,013,562

99.14%

139,004

0.86%

3,842

6

To re-appoint Richard Hickinbotham as a Director of the Company

15,877,290

98.30%

275,276

1.70%

3,842

7

To re-appoint Sarah Matthews-DeMers as a Director of the Company

16,145,876

99.96%

6,655

0.04%

3,877

8

To re-appoint Dr James Routh as a Director of the Company

16,147,046

99.97%

5,520

0.03%

3,842

9

To re-appoint Grant Thornton UK LLP as auditor of the Company and authorise the Directors to

determine the auditor's remuneration

16,132,079

99.89%

17,758

0.11%

6,571

10

To authorise the Directors of the Company to allot securities up to an aggregate nominal amount of £76,447

16,124,732

99.83%

28,264

0.17%

3,412

11

To give the Directors of the Company limited power to allot securities for cash up to an aggregate nominal amount of £11,467 without making a pre-emptive offer to shareholders

16,136,918

99.90%

16,270

0.10%

3,220

 

 

 

Notes

1. The percentages voted 'For' and 'Against' are expressed as a proportion of the total votes cast.  Votes withheld have not been included in the calculation of whether a resolution is carried since for legal purposes a vote withheld is not a vote cast.

2.         At the date of the AGM the issued share capital of the Company was 22,934,365 ordinary shares.

 

 

Enquiries:

AB Dynamics plc

01225 860 200

Dr James Routh, Chief Executive Officer

Sarah Matthews-DeMers, Chief Financial Officer


Peel Hunt LLP (Nominated Adviser and Joint Broker)

0207 418 8900

Mike Bell


Ed Allsopp


 


Stifel Nicolaus Europe Limited (Joint Broker)

020 7710 7600

Matthew Blawat

Harry Billen

 







Teneo                                                     

0207 353 4200

James Macey White

Matt Low

 

The person responsible for arranging the release of this information is Felicity Jackson, Group Legal Counsel.

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