Result of AGM

RNS Number : 0653A
Strix Group PLC
27 May 2021
 

27 May 2021

Strix Group Plc

("Strix" or the "Group")

Results of Annual General Meeting

Strix Group Plc (AIM: KETL), the global leader in the design, manufacture and supply of kettle safety controls and other complementary water temperature management components, announces that all resolutions were passed via poll at the Annual General Meeting held on 27 May 2021.

 

A summary of the votes is presented below:

 

AGM resolutions

For

%

Against

%

Withheld







Ordinary resolutions






Resolution 1

136,577,860

98.60

1,945,154

1.40

128,617

Annual Report and accounts

Resolution 2

137,739,478

99.34

910,854

0.66

1,299

Annual Report on Directors' remuneration

Resolution 3

137,651,631

100.00

 - 

-

1,000,000 

Final dividend

Resolution 4

133,831,136

99.30

 948,189

0.70

 3,872,306

Proposal to re-elect Mark Kirkland (retiring by rotation)

Resolution 5

137,904,977

99.47

741,757

0.53

  4,897

Appointment of auditors

Resolution 6

138,033,339

99.55

617,156

0.45

  1,136

Remuneration of auditors

Resolution 7

136,714,136

98.60

1,937,495

1.40

  -

Power of Directors to allot shares







Special resolutions






Resolution 8

137,474,668

99.15

1,176,963

0.85

  -

Disapplication of pre-emption rights

Resolution 9

135,408,543

97.66

3,243,088

2.34

  -

Disapplication of pre-emption rights

Resolution 10

114,429,497

99.35

746,001

0.65

23,476,133

Purchase of own shares

 

 

 

 

 

Statement regarding voting result

We are pleased to have received the support of our shareholders for all of the resolutions proposed at the AGM, and we are satisfied with the level of support for each resolution. We are also pleased with the percent of shares voted on. We will continue to monitor the level of support for each resolution in the future, and where needed we will discuss with shareholders and proxy advisors to understand any concerns.

 

 

For further enquiries, please contact:

Strix Group Plc

Mark Bartlett, CEO

Raudres Wong, CFO

 

Zeus Capital Limited (Nominated Advisor and Joint Broker)

+44 (0) 1624 829829

 

+44 (0) 20 3829 5000

 

Nick Cowles / Jamie Peel / Jordan Warburton (Corporate Finance)

 

 

Stifel Nicolaus Europe Limited (Joint Broker)

+44 (0) 20 7710 7600

 

Francis North / Matthew Blawat

 

 

 

 

 

IFC Advisory Limited (Financial PR and IR)

+44 (0) 20 3934 6630

 

Graham Herring / Tim Metcalfe / Florence Chandler

 

 

 

 

 

 

ABOUT STRIX GROUP PLC

Isle of Man based Strix, is a global leader in the design, manufacture and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration.

 

Strix's core product range comprises a variety of safety controls for small domestic appliances, primarily kettles. Kettle safety controls require precision engineering and intricate knowledge of material properties in order to repeatedly function correctly. Strix has built up market leading capability and know-how in this field since being founded in 1982.

 

Strix is admitted to trading on the Alternative Investment Market of the London Stock Exchange (AIM: KETL). 

 

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