Result of AGM

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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