Result of AGM

CT Automotive Group PLC

29 June 2026

 

29 June 2026

CT Automotive Group plc

("CT Automotive" or the "Group")

Result of Annual General Meeting

CT Automotive Group plc ("CT Automotive" or the "Group"), a leading designer, developer and supplier of interior components to the global automotive industry, is pleased to announce that all resolutions proposed to shareholders at its Annual General Meeting held at 9.00 a.m. today were duly passed. 

The total number of proxy votes received in respect of all resolutions were as follows:

Resolution		Votes For	% For	Votes against	% Against	Total votes cast	Total votes cast as a % of issued share capital	Withheld
Ordinary Resolutions
1.	To receive the Annual Report and Accounts for the year ending 31 December 2025	48,089,526	100	0	0	48,089,526	65.34	2,500
2.	To receive the Director's remuneration report for the year ending 31 December 2025	48,069,779	99.96	19,747	0.04	48,089,526	65.34	2,500
3.	To reappoint Raymond Bench as a Director of the Company	48,069,779	100	0	0	48,069,779	65.31	22,247
4.	To reappoint Geraint Davies as a Director of the Company	48,069,779	100	0	0	48,069,779	65.31	22,247
5.	To reappoint Gary McGrath as a Director of the Company	48,069,779	100	0	0	48,069,779	65.31	22,247
6.	To appoint Simon Phillips as a Director of the Company	48,069,779	100	0	0	48,069,779	65.31	22,247
7.	To reappoint MHA as auditors of the Company	48,054,815	99.97	14,964	0.03	48,069,779	65.31	22,247
8.	To authorise the Audit & Risk Committee to determine the remuneration of the Company's auditors	48,069,779	100	0	0	48,069,779	65.31	22,247
9.	Authority for the directors to allot shares	48,002,569	99.82	86,957	0.18	48,089,526	65.34	2,500
Special Resolutions
10.	Authority for the directors to allot shares on a non-pre-emptive basis	41,647,686	86.60	6,441,840	13.40	48,089,526	65.34	2,500
11.	Authority for the Company to buy back its own shares	47,990,790	99.79	98,736	0.21	48,089,526	65.34	2,500
12.	Amendment to the articles of association to allow the Company to declare a dividend in any currency	47,916,966	99.64	172,560	0.36	48,089,526	65.34	2,500

Enquiries:

Enquiries:

CT Automotive Ray Bench, Non-Executive Chairman Simon Phillips, Chief Executive Officer
Singer Capital Markets Advisory LLP (Nominated Adviser and Broker) Alex Bond, Daniel Ingram, Samed Ethemi	Tel: [phone]

Notes to editors

CT Automotive is engaged in the design, development and manufacture of bespoke automotive interior finishes (for example, dashboard panels and fascia finishes) and kinematic assemblies (for example, air registers, arm rests, deployable cup holders and storage systems), as well as their associated tooling, for the world's leading automotive original equipment manufacturers ("OEMs") and global Tier One manufacturers.

The Group is headquartered in the UK with a low-cost manufacturing footprint. Key production facilities are located in China with additional manufacturing facilities in Mexico and Türkiye and distribution facilities and assembly lines in Europe, Asia and the US.  The Company has a low-cost design and administrative centre in India.

CT Automotive's operating model enables it to pursue a price leadership strategy, supplying high quality parts to customers at a lower overall landed cost than competitors. This has helped the Group build a high-quality portfolio of OEM customers, both directly and via Tier One suppliers including Forvia and Marelli.  End customers include volume manufacturers, such as Nissan, Ford, GM and Volkswagen Audi Group, and premium luxury car brands such as Bentley and Lamborghini.  In addition, the Group supplies all our customer base with a range of products for PHEV and BEV platforms and supplies electric car manufacturers, including Rivian and a US based major EV OEM.

The Group currently supplies component part types to over 64 different models for 21 OEMs. Since its formation, the Group has been one of the very few new entrants to the market, which is characterised by high barriers to entry.

 

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