Results of Annual General Meeting

discoverIE Group plc

24 July 2026

 

24 July 2026

discoverIE Group plc

Results of Annual General Meeting

discoverIE Group plc (LSE: DSCV, "discoverIE" or "the Group"), a leading international designer and manufacturer of customised electronics to industry, announces that, at the Annual General Meeting held earlier today, all resolutions were approved. The results of the poll, incorporating proxy votes duly lodged prior to the meeting, are set out below:

	Resolution	Votes For		Votes Against		Withheld*
1	Receipt and Adoption of Financial Statements	75,704,272	99.99%	5,006	0.01%	283,994
2	Approval of Final Dividend	75,993,040	100.00%	6	0.00%	226
3	Approval of Directors' Remuneration Report	75,443,716	99.28%	547,062	0.72%	2,494
4	Re-election of Bruce Thompson	64,081,144	84.36%	11,884,344	15.64%	27,784
5	Re-election of Nick Jefferies	71,054,536	93.50%	4,935,859	6.50%	2,877
6	Re-election of Simon Gibbins	74,493,532	98.03%	1,496,869	1.97%	2,871
7	Re-election of Clive Watson	70,917,309	93.40%	5,015,179	6.60%	60,784
8	Re-election of Rosalind Kainyah	71,009,960	93.83%	4,671,207	6.17%	312,105
9	Re-election of Celia Baxter	71,288,216	93.85%	4,669,201	6.15%	35,855
10	Re-appointment of Auditor	75,956,267	100.00%	3,160	0.00%	33,845
11	Authority to fix Auditor's Remuneration	75,990,001	100.00%	3,029	0.00%	242
12	Authority to Allot Shares	64,152,636	84.45%	11,812,129	15.55%	28,507
13	Additional Authority to Allot Shares	63,887,841	84.10%	12,076,930	15.90%	28,501
14	Authority to Disapply Statutory Pre-Emption Rights	75,079,897	99.40%	453,395	0.60%	459,980
15	Additional Authority to Disapply Statutory Pre-Emption Rights (acquisition or specified capital investment)	73,697,576	97.03%	2,259,452	2.97%	36,244
16	Additional Authority to Allot Shares	73,291,017	97.03%	2,241,011	2.97%	461,244
17	Authority to Purchase Company's Own Shares	75,653,329	99.99%	5,765	0.01%	334,178
18	Notice of General Meetings	70,932,747	93.34%	5,059,710	6.66%	815
19	To authorise political donations	74,572,646	98.52%	1,123,447	1.48%	297,179

* A 'vote withheld' in respect of any resolution is not a vote in law and is not counted in the calculation of the proportion of the votes for and against it.

The total number of votes cast was 75,993,272, representing 78.06% of the Company's total issued share capital. As at today's date, discoverIE Group plc has 97,356,109 ordinary shares in issue.

A copy of the resolutions approved by Shareholders will be placed on the National Storage Mechanism.

For further information, please contact:

discoverIE Group plc                           01483 544 500

Greg Davidson - Company Secretary

Burson Buchanan                                0207 466 5000

Jamie Hooper, Toto Berger

[e-mail]

Notes to Editors:

discoverIE Group plc is a leading international group of businesses that design and manufacture customised electronic components for industrial applications.

The Group supplies application-specific components to original equipment manufacturers ("OEMs") internationally through its two divisions, Magnetics & Controls and Sensing & Connectivity. By designing components that meet customers' unique requirements, which are then manufactured and supplied throughout the life of their production, a high level of long-term repeating revenue is generated.

The Group focuses on key target markets driven by structural growth, increasing electronic content and sustainability, namely industrial automation & connectivity, security, renewable energy, medical and the electrification of transportation. With this focus, the Group aims to grow well ahead of GDP through the economic cycle and to supplement that with complementary acquisitions, compounding growth. The Group is committed to reducing the impact of its operations on the environment in order to reach net-zero. 

The Group, which has made 30 acquisitions in the last 15 years, employs c.4,600 people across 21 countries with its principal operating units located in Mainland Europe, the UK, China, Sri Lanka, India and North America.

discoverIE is listed on the Main Market of the London Stock Exchange and is a member of the FTSE 250, classified within the Electrical Components and Equipment subsector.

 

END