Source - LSE Regulatory
RNS Number : 7679L
Powerhouse Energy Group PLC
07 September 2023
 

Powerhouse Energy Group plc

 

("Powerhouse" or the "Company")


 

7 September 2023

Result of AGM

 

Powerhouse Energy Group plc (AIM: PHE), the UK technology company pioneering integrated technology that converts non-recyclable waste into low carbon energy, announces that at the Annual General Meeting of the Company held today, all resolutions put to shareholders were duly passed. All resolutions were decided on a poll.


The results of the votes are set out below:


FOR*

AGAINST

 

RESOLUTIONS

Votes

% of votes cast

Votes

% of votes cast

Abstain

Ordinary Resolution 1

586,797,374

99.86 %

842,976

0.14 %

96,699

To receive the financial statements for the year ended 31 December 2022 together with Directors' Reports and the Auditors' Report

Ordinary Resolution 2

582,660,671

99.42 %

3,389,586

0.58 %

1,686,792

To approve the Remuneration Report

Ordinary Resolution 3

584,279,650

99.73 %

1,565,176

0.27%

1,892,223

To reappoint Jeffreys Henry LLP as audit and authorise the directors to fix their remuneration

Ordinary Resolution 4

584,034,577

99.53%

2,759,937

0.47%

942,535

To re-elect Hugh McAlister as a director of the Company

Ordinary Resolution 5

584,055,218

99.49%

2,999,859

0.51%

681,972

To re-elect Paul Emmitt as a director of the Company

Ordinary Resolution 6

Withdrawn

N/A

N/A

N/A

N/A

N/A

Ordinary Resolution 7

To elect Antony Gardner-Hillman as a director of the Company

583,931,483

99.56%

2,602,405

0.44

1,203,161

Ordinary Resolution 8

To elect Antony Gale as a director of the Company

584,170,933

99.61%

2,288,336

0.39%

1,277,780

Ordinary Resolution 9

To elect David Hitchcock as a director of the Company

584,170,933

99.60%

2,362,955

0.40%

1,203,161

Ordinary Resolution 10

To elect Karol Kacprzak as a director of the Company

584,956,802

99.74%

1,536,039

0.26%

1,244,208

Ordinary Resolution 11

To authorise the directors to allot and issue equity securities

576,640,980

98.42%

9,268,180

1.58%

1,827,889

Special Resolution 12

To authorise the directors to dis-apply pre-emption rights, as set out in the notice of meeting

548,202,399

93.58%

37,620,942

6.42%

1,913,708

Special Resolution 13

To authorise the Company to make market purchases of its own shares.

585,456,565

99.79%

1,233,240

0.21%

1,047,244

Special Resolution 14

To adopt new Articles of Association of the Company.

584,337,729

99.63%

2,163,873

0.37%

1,235,447

 

*Votes received for the resolutions include votes allowing the Chairman's discretion.

 

 

-ENDS-

 

For more information, contact:

 

Powerhouse Energy Group Plc

Antony Gardner-Hillman

 

 

+44 (0) 7733 146326

WH Ireland Limited (Nominated Adviser)

James Joyce

James Bavister

 

 

+44 (0) 207 220 1666

Turner Pope Investments (TPI) Ltd (Joint Broker)

Andrew Thacker

James Pope

 

 

+44 (0) 203 657 0050

Tavistock (Financial PR)

Simon Hudson

Nick Elwes

Heather Armstrong

powerhouse@tavistock.co.uk

 

 

 

 

About Powerhouse Energy Group plc

 

Powerhouse Energy has developed a proprietary process technology - DMG® - which can utilise waste plastic, end-of-life-tyres, and other waste streams to convert them efficiently and economically into syngas from which valuable products such as chemical precursors, hydrogen, electricity, and other industrial products may be derived. Powerhouse's technology is one of the world's first proven, "distributable modular generation", energy from waste processes.

 

Powerhouse's process produces low levels of safe residues and requires a small operating footprint, making it suitable for deployment at enterprise and community level.

 

Powerhouse is quoted on the London Stock Exchange's AIM Market under the ticker: PHE and is incorporated in England and Wales.

 

For more information see www.powerhouseenergy.co.uk

 

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END
 
 
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