Source - LSE Regulatory
RNS Number : 2414O
Strix Group PLC
28 May 2020
 

28 May 2020

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 28 May 2020.

 

A summary of the votes is presented below:

 

AGM resolutions

For

%

Against

%

Withheld







Ordinary resolutions






Resolution 1

 123,366,927

    100.00

             100

  0.00

          5,999

Annual Report and accounts

Resolution 2

 121,232,511

      98.27

 2,127,202

  1.72

       13,313

Annual Report on Directors' remuneration

Resolution 3

 123,373,026

    100.00

                 -  

      -  

                 -  

Final dividend

Resolution 4

 119,695,086

      98.71

 1,563,016

  1.29

 2,114,924

Proposal to re-elect Gary Lamb (retiring by rotation)

Resolution 5

 123,360,119

      99.99

          6,000

  0.00

          6,907

Proposal to re-appoint Richard Sells

Resolution 6

 122,838,774

      99.58

     522,585

  0.42

       11,667

Appointment of auditors

Resolution 7

 122,711,496

      99.47

     655,842

  0.53

          5,688

Remuneration of auditors

Resolution 8

 118,836,644

      96.74

 4,008,947

  3.26

     527,435

Power of Directors to allot shares

Resolution 9

 120,792,876

      97.92

 2,567,692

  2.08

       12,458

Disapplication of pre-emption rights







Special resolutions






Resolution 10

  118,160,094

      95.78

  5,200,474

  4.22

        12,458

Disapplication of pre-emption rights

Resolution 11

 122,621,387

      99.57

     525,180

  0.43

     226,459

Purchase of own shares

 

 

 

 

 

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)

 

 

Stifel Nicolaus Europe Limited (Joint Broker)

+44 (0) 20 7710 7600

 

Francis North / Matthew Blawat

 

 

 

 

 

IFC Advisory Limited (Financial PR and IR)

+44 (0) 20 3934 6630

 

Graham Herring / Tim Metcalfe / Florence Chandler

 

 

 

 

 

 

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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