Zotefoams plc
('the Company')
Result of the 2021 Annual General Meeting
26 May 2021 - The 2021 Annual General Meeting of Zotefoams plc was held at the offices of Zotefoams plc, 675 Mitcham Road, Croydon CR9 3AL on 26 May 2021.
Proxy votes were received from shareholders in respect of 30,843,830 ordinary shares amounting to 63.4 % of the issued share capital. The total number of ordinary shares in issue in relation to the AGM is 48,621,234.
All resolutions put to the meeting were passed. Resolutions 1 to 13 inclusive were passed as ordinary resolutions on a show of hands and resolutions 14 to 18 inclusive were passed as special resolutions on a poll. The results of the poll vote and the proxy votes cast in respect of the resolutions received prior to the meeting were as follows:
| Resolution | For | Against | Discretion | Votes Withheld | |
| 1. | To receive the Annual Report of the Company for the year ended 31 December 2020 | 30,834,790 | 0 | 9,040 | 250 |
| 2. | To approve the Annual Statement by the Chair of the Remuneration Committee and the Annual Report on Remuneration for the year ended 31 December 2020 set out on pages 70 to 80 of the Annual Report. | 30,514,306 | 320,484 | 9,040 | 250 |
| 3. | To declare a final dividend for the year ended 31 December 2020 of 4.27 pence per ordinary share, such dividend to be payable on 1 June 2021 to shareholders on the register of members of the Company at the close of business on 7 May 2021. | 30,834,790 | 0 | 9,040 | 250 |
| 4. | To re-elect S P Good as a Director. | 29,408,438 | 1,400,352 | 9,040 | 26,250 |
| 5. | To elect D B Stirling as a Director. | 30,808,790 | 0 | 9,040 | 26,250 |
| 6. | To re-elect G C McGrath as a Director. | 30,808,190 | 600 | 9,040 | 26,250 |
| 7. | To re-elect J D Carling as a Director. | 30,808,790 | 0 | 9,040 | 26,250 |
| 8. | To re-elect A M Fielding as a Director. | 30,406,794 | 401,396 | 9,040 | 26,850 |
| 9. | To re-elect D G Robertson as a Director. | 30,808,790 | 0 | 9,040 | 26,250 |
| 10. | To re-elect C A Wall as a Director. | 30,808,190 | 0 | 9,040 | 26,850 |
| 11. | To re-appoint PKF Littlejohn LLP as Auditor of the Company. | 30,688,234 | 556 | 9,040 | 146,250 |
| 12. | To authorise the Audit Committee to determine the Auditor's remuneration. | 30,808,234 | 556 | 9,040 | 26,250 |
| 13. | To authorise the Directors to allot shares. | 30,256,568 | 172,430 | 382,315 | 32,767 |
| 14. | To authorise the Directors to allot equity securities for cash. | 30,334,534 | 120,000 | 385,315 | 4,231 |
| 15. | To authorise the Directors, in addition to resolution 14, to allot further equity securities for financing (and refinancing) purposes only. | 30,335,134 | 120,000 | 385,315 | 3,631 |
| 16. | To authorise market purchases of shares. | 30,451,739 | 259 | 385,315 | 6,767 |
| 17. | That a general meeting other than an annual general meeting may be called on not less than 14 clear days' notice. | 29,945,857 | 486,058 | 385,315 | 26,850 |
| 18 | That, with effect from the conclusion of the AGM and pursuant to Section 21(1) of the Companies Act 2006, the Articles of Association produced to the meeting, and for the purpose of identification signed by the Chair, be approved and adopted as the Articles of Association of the Company in substitution for, and to the exclusion of, the existing Articles of Association of the Company. | 30,312,515 | 120,000 | 385,315 | 26,250 |
Further details of the resolutions (including the text of the resolutions) are given in the Notice of the 2021 Annual General Meeting, which is at the rear of the 2020 Annual Report and which is also available on the Company's website.
Lydia Harratt
Group Company Secretary
Zotefoams plc
020 8664 1600
About Zotefoams plc
Zotefoams plc (LSE - ZTF) is a world leader in cellular materials technology delivering optimal material solutions for the benefit of society. Utilising a variety of unique manufacturing processes, including environmentally friendly nitrogen expansion for lightweight AZOTE® polyolefin and ZOTEK® high-performance foams, Zotefoams sells to diverse markets worldwide. Zotefoams uses its own cellular materials to manufacture T-FIT® advanced insulation for demanding industrial markets. Zotefoams also owns and licenses patented microcellular foam technology to reduce plastic use in extrusion applications and for ReZorce® mono-material recyclable barrier packaging.
Zotefoams is headquartered in Croydon, UK, with additional manufacturing sites in Kentucky, USA and Brzeg, Poland (foam manufacture), Oklahoma, USA (foam products manufacture and conversion), Massachusetts, USA (MuCell Extrusion) and Jiangsu Province, China (T-FIT).
AZOTE®, ZOTEK®, ReZorce® and T-FIT® are registered trademarks of Zotefoams plc.
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