Result of AGM

TheWorks.co.uk PLC

07 September 2026

 

7 September 2026

TheWorks.co.uk plc

(the "Company")

Result of AGM

The Annual General Meeting of TheWorks.co.uk plc (AIM:WRKS) was held at 2.00 p.m. on Monday 7 September 2026. The Board of Directors of the Company (the "Board") is pleased to announce that all of the resolutions, with the exception of Resolution 15 (which was requisitioned by Kelso Group Holdings plc ("Kelso") and proposed the appointment of Graeme Coulthard as a director), were passed on a poll.

Full details of the poll results are set out below and will shortly be available on the Company's website at: https://corporate.theworks.co.uk/investors.  

No	RESOLUTION	VOTES FOR	%	VOTES AGAINST	%	TOTAL VOTES	% of ISC VOTED	VOTES WITHHELD
1	To receive the Directors' report and the accounts for the Company for the 52 weeks ended 3 May 2026	50,377,867	99.87%	67,022	0.13%	50,444,889	80.71	117,481
2	To approve the Directors' remuneration report	50,246,595	99.74%	133,301	0.26%	50,379,896	80.61	182,474
3	To appoint Angela Rushforth as a Director	50,352,381	99.82%	92,120	0.18%	50,444,501	80.71	117,869
4	To reappoint Steve Bellamy as a Director	39,157,678	77.62%	11,287,156	22.38%	50,444,834	80.71	117,536
5	To reappoint Rosie Fordham as a Director	50,377,714	99.87%	67,610	0.13%	50,445,324	80.71	117,536
6	To reappoint Gavin Peck as a Director	50,377,724	99.87%	67,600	0.13%	50,445,324	80.71	117,536
7	To reappoint Nick Wharton as a Director	50,352,718	99.82%	92,536	0.18%	50,445,254	80.71	117,606
8	To reappoint Kreston Reeves Audit LLP as auditors of the Company	50,343,639	99.80%	100,738	0.20%	50,444,377	80.71	118,483
9	To authorise the Audit Committee of the Company to fix the remuneration of the auditors	50,367,861	99.87%	67,525	0.13%	50,435,386	80.70	127,474
10	To authorise the Directors to allot shares	50,289,997	99.71%	143,819	0.29%	50,433,816	80.69	129,044
11	Authority to disapply pre-emption rights	50,295,911	99.73%	138,125	0.27%	50,434,036	80.69	128,824
12	Additional authority to disapply pre-emption rights	50,295,969	99.73%	138,067	0.27%	50,434,036	80.69	128,824
13	To authorise the Company to purchase its own shares	50,342,857	99.82%	92,529	0.18%	50,435,386	80.70	127,474
14	To change the registered name of the Company to TheWorks plc	50,367,857	99.87%	67,529	0.13%	50,435,386	80.70	127,474
15	To appoint Graeme Coulthard as a Director	24,355,537	48.39%	25,976,787	51.61%	50,332,324	80.53	230,536

Notes:

1.    Any proxy arrangement which gave discretion to the Chairman has been included in the "for" totals.

2.    A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution.

3.    The number of shares in issue at 6:30 p.m. on 3 September 2026 was 62,500,000. The Company does not hold any shares in treasury.

The Board notes the level of votes cast against Resolution 4, of which more than 99% was from two shareholders. The Board is aware of the reasons for these shareholders' adverse votes in respect of Resolution 4. The Board will continue to engage with these shareholders, as it will with other significant shareholders, as part of its ongoing investor relations activity.

As Resolution 15 was not passed, Mr Coulthard has not been appointed as a director of the Company. While 48.39% of votes cast in respect of Resolution 15 were in favour of Mr Coulthard's appointment, the Board notes that these votes were from a small number of shareholders. The Board is grateful for the support of its other shareholders who voted in accordance with its recommendations.

Change of Company Name to TheWorks plc

Further to receipt of shareholder approval of Resolution 14, the Special Resolution required to authorise changing the Company's registered name to TheWorks plc, such change is subject to Companies House issuing a Certificate of Incorporation on Change of Name. A further announcement will be made in due course following receipt of such certificate. Shareholders will remain unaffected by the change when made effective and existing share certificates will remain valid and should be retained.

Enquiries: TheWorks.co.uk plc Steve Bellamy, Chairman Gavin Peck, CEO Rosie Fordham, CFO	via Hudson Sandler
Hudson Sandler - Financial PR Alex Brennan / Lucy Wollam	[e-mail] 020 7796 4133
Singer Capital Markets (Nomad and Broker) Peter Steel / Sara Hale	020 7496 3000

 

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