Result of AGM and Result of General Meeting

Nexteq PLC
16 April 2024
 

16 April 2024

Nexteq plc

 

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

 

Result of Annual General Meeting

and

Result of General Meeting

Nexteq (AIM: NXQ), a leading technology solutions provider to customers in selected industrial markets, is pleased to announce the following:

Result of Annual General Meeting

The Company announces that at the Annual General Meeting held earlier today, all resolutions were passed.

Final results of proxy appointments received for the AGM in advance of the meeting are set out below:


Chair of the meeting
for

Chair of the meeting
against

Chair's discretion

Abstain


Cards

Votes

Cards

Votes

Cards

Votes

Cards

Votes

Ordinary Resolution 1

33

48,440,212

2

451,540

1

50,000

0

0

Ordinary Resolution 2

33

48,891,752

0

0

1

50,000

0

0

Ordinary Resolution 3

30

46,582,778

0

0

1

50,000

4

2,308,974

Ordinary Resolution 4

28

44,383,383

2

2,199,395

1

50,000

4

2,308,974

Ordinary Resolution 5

30

46,582,778

4

2,308,974

1

50,000

0

0

Ordinary Resolution 6

32

48,589,170

1

302,582

1

50,000

0

0

Ordinary Resolution 7

33

48,891,752

0

0

1

50,000

0

0

Ordinary Resolution 8

32

48,891,652

1

100

1

50,000

0

0

Ordinary Resolution 9

33

48,891,752

0

0

1

50,000

0

0

Ordinary Resolution 10

32

48,890,354

2

1,398

1

50,000

0

0

Ordinary Resolution 11

33

48,891,752

0

0

1

50,000

0

0

Ordinary Resolution 12

30

46,692,257

2

302,682

1

50,000

1

1,896,813

Special Resolution 13

32

48,574,625

3

7,556

1

50,000

2

309,571

Special Resolution 14

31

48,559,378

4

22,803

1

50,000

2

309,571

 

Result of General Meeting

The Group is also pleased to announce that, at the General Meeting also held today, the two resolutions relating to the Proposed Share Buyback and Rule 9 Waiver were passed.


Chair of the meeting
for

Chair of the meeting
against

Chair's discretion

Abstain


Cards

Votes

Cards

Votes

Cards

Votes

Cards

Votes

Special Resolution 1

Repurchase Resolution

32

44,097,367

2

3,321

1

50,000

3

1,838,286

Ordinary Resolution 2

Waiver Resolution

21

24,495,075

8

3,172,189

1

50,000

3

396,138

 

Total shares in issue as at 16 April 2024: 66,539,060

 

 

Nexteq plc

Jon Jayal, Chief Executive Officer

Johan Olivier, Chief Financial Officer

 

Tel: +44 (0)1223 892 696

Nominated Adviser and Broker:

Cavendish Capital Markets Ltd

Matt Goode / Simon Hicks (Corporate Finance)

Tim Redfern / Harriet Ward (ECM)

 

Tel: +44 (0) 20 7220 0500

Joint Broker:

Canaccord Genuity Limited

Simon Bridges / Andrew Potts

 

Tel: +44 (0) 20 7523 8000

Financial PR:

Alma Strategic Communications

Hilary Buchanan / Kieran Breheny

Tel: +44 (0)20 3405 0205

 

About Nexteq

Nexteq (AIM: NXQ) is a strategic technology solutions provider to customers in selected industrial markets. Its innovative technology enables the manufacturers of global electronic equipment to outsource the design, development and supply of non-core aspects of their product offering. By outsourcing elements of their technology stack to Nexteq, customers can focus their product development effort on the most critical drivers of their business' success.

Our solutions are delivered through a global sales team and leverage the Group's electronic hardware, software, display and mechanical engineering expertise. Our Taiwan operation is at the heart of Asian supply networks and facilitates cost effective manufacturing and strategic supply chain management.

The Group operates in seven countries and services over 500 customers across 50 countries.

Nexteq operates two distinct brands: Quixant, a specialised computer platforms provider, and Densitron, leaders in human machine interface technology, each with dedicated sales, account management and product innovation teams. Founded in 2005, and later floating on the London Stock Exchange's AIM stock market as Quixant plc, the Group rebranded to Nexteq in 2023.

Further information on Nexteq and its divisions can be found at www.nexteqplc.com.

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END
 
 

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