Results of AGM

Windar Photonics PLC

11 July 2023

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE UK VERSION OF REGULATION (EU) NO 596/2014 WHICH IS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

Windar Photonics plc

("Windar" or the "Company")

The Annual General Meeting ('AGM') of Windar Photonics plc (AIM:WPHO), the technology group that has developed a cost efficient and innovative LiDAR wind sensor for use on electricity generating wind turbines, was held today.

All 7 resolutions put to members were passed on a poll.  Resolutions 1 to 6 were passed as ordinary resolutions and resolution 7 were passed as a special resolution.

The number of votes cast for and against each of the resolutions proposed, and the number of votes withheld were as follows:

Resolution	Votes for	%	Votes against	%	Votes withheld
Resolution 1 (Ordinary) To receive and adopt the Company's annual accounts for the financial year ended 31 December 2022 together with the Directors' report and the auditors' report on those accounts.	7,208,312	100	0	0.00	0
Resolution 2 (Ordinary) To re-elect P J Hodges, who retires by rotation pursuant to the articles of association of the Company and who, being eligible, offers himself for re-election as a Director.	7,208,312	100	0	0.00	0
Resolution 3 (Ordinary) To re-elect A J Richardson, who retires by rotation pursuant to the articles of association of the Company and who, being eligible, offers himself for re-election as a Director.	7,208,312	100	0	0.00	0
Resolution 4 (Ordinary) To appoint Gravita Audit Limited, as Jeffrey Henry LLP do not seek re-appointment, as auditors of the Company to hold office from the conclusion of this meeting until the conclusion of the next general meeting at which the accounts are laid before the meeting.	7,208,312	100	0	0.00	0
Resolution 5 (Ordinary) To authorise the Directors to fix the remuneration of the auditors.	7,208,312	100	0	0.00	0
Resolution 6 (Ordinary) That, in substitution for all subsisting authorities to the extent unused, the Directors be generally and unconditionally authorised for the purpose of section 551 of the Companies Act 2006 to exercise all the powers of the Company to allot ordinary shares in the Company and grant rights to subscribe for, or to convert any security into such ordinary shares up to an aggregate nominal amount of £222,100, with such authorisation to expire upon the earlier of the conclusion of the next annual general meeting and 30 June 2024.	7,194,012	99.8	14,300	0.2	0
Resolution 7 (Special) That, subject to the passing of resolution 6 above and in substitution for all subsisting authorities to the extent unused, the Directors be generally empowered pursuant to sections 570 and 573 of the Companies Act 2006 to allot equity securities pursuant to the authority referred to in resolution 5, as if section 561(1) CA 2006 did not apply to any such allotment, provided that the power was: 1.     limited to the allotment of equity securities in connection with an offer of equity securities: 2.     limited to the allotment of equity securities up to an aggregate nominal amount of 222,100, and shall expire on the earlier of the conclusion of the next annual general meeting and 30 June 2024.	7,047,763	97.7	141,174	2.0	19,375

As of 26 June 2023, there were 68,361,444 ordinary shares in issue.  Shareholders are entitled to one vote per share.  Votes withheld are not votes in law and so have not been included in the calculation of the proportion of votes for and against a resolution.

The full text of each resolution is available in the Notice of Annual General Meeting, published on the Company's website.

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR").  Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

The person responsible for arranging the release of this announcement on behalf of the Company is Jørgen Korsgaard Jensen, CEO of the Company.

For further information, please visit www.investor.windarphotonics.com or contact:

Windar Photonics plc
Jørgen Korsgaard Jensen, CEO	Tel:  [phone]
WH Ireland Limited (Nomad & Broker)
Chris Fielding / James Bavister / Isaac Hooper	Tel:  [phone]

Notes to Editors:

Windar Photonics is a technology group that develops cost-efficient and innovative Light Detection and Ranging ("LiDAR") optimisation systems for use on electricity generating wind turbines. LiDAR wind sensors in general are designed to remotely measure wind speed and direction.

 

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