Source - LSE Regulatory
RNS Number : 0487A
Strix Group PLC
23 May 2019
 

23 May 2019

Strix Group Plc

("Strix" or the "Group")

Results of Annual General Meeting

Strix Group Plc (AIM: KETL), the global leader in the design, manufacture and supply of kettle safety controls and other complementary water temperature management components, announces that all resolutions were passed via poll at the Annual General Meeting held on 23 May 2019.

 

A summary of the votes is presented below:

 

AGM resolutions

For

%

Against

%

Withheld







Ordinary resolutions






Resolution 1

Annual Report and accounts

126,888,401

100

-

-

16,445

Resolution 2

Annual Report on Directors' remuneration

126,471,024

99.99

18,845

0.01

414,977

Resolution 3

Final dividend

126,904,846

100

-

-

-

Resolution 4

Proposal to re-elect Mark Bartlett (retiring by rotation)

126,904,846

100

-

-

-

Resolution 5

Appointment of auditors

126,482,784

99.67

421,047

0.33

1,015

Resolution 6

Remuneration of auditors

126,830,437

99.94

74,409

0.06

-

Resolution 7

Power of Directors to allot shares

126,830,437

95.43

5,784,251

4.57

414,977







Special resolutions






Resolution 8

Disapplication of pre-emption rights

121,246,360

95.54

5,658,486

4.46

-

Resolution 9

Purchase of own shares

124,654,825

99.66

427,597

0.34

1,822,424

 

Statement regarding voting result

We are pleased to have received the support of our shareholders for all of the resolutions proposed at the AGM, and we are satisfied with the level of support for each resolution. We are also pleased with the percent of shares voted on. We will continue to monitor the level of support for each resolution in the future, and where needed we will discuss with shareholders and proxy advisors to understand any concerns.

 

For further enquiries, please contact:

Strix Group Plc

Mark Bartlett, CEO

Raudres Wong, CFO

 

Zeus Capital Limited (Nominated Advisor and Joint Broker)

+44 (0) 1624 829829

 

+44 (0) 20 3829 5000

 

Nick Cowles / Jamie Peel / Jordan Warburton (Corporate Finance)

 

 

Canaccord Genuity Limited (Joint Broker)

 +44 (0) 20 7523 8000

 

Chris Connors

 

 

 

 

 

IFC Advisory Limited (Financial PR and IR)

+44 (0) 20 3934 6630

 

Graham Herring / Tim Metcalfe / Heather Armstrong

 

 

 

 

 

 

ABOUT STRIX GROUP PLC

Isle of Man based Strix, is a global leader in the design, manufacture and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration.

 

Strix's core product range comprises a variety of safety controls for small domestic appliances, primarily kettles. Kettle safety controls require precision engineering and intricate knowledge of material properties in order to repeatedly function correctly. Strix has built up market leading capability and know-how in this field since being founded in 1982.

 

Strix is admitted to trading on the Alternative Investment Market of the London Stock Exchange (AIM: KETL). 

 


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