Business
Result of AGM
Auction Technology Group plc held its Annual General Meeting where resolutions 1-14 and 18-19 were passed, but resolutions 15-17 failed to pass. Notably, resolutions concerning the disapplication of pre-emption rights (resolutions 15 and 16) and market purchases of own shares (resolution 17) did not achieve the required 75% majority. The company acknowledges shareholder concerns regarding these failed resolutions and will engage further, reporting back within six months. Following the passing of resolution 19, the company plans to apply to the High Court for approval to cancel its share premium account, with the capital reduction expected to become effective in late March 2026. Disclaimer*
About this update from Auction Technology Group Plc
[{"type":"text","content":"\n\n22 January 2026\nLEI: 213800U8Q9K2XI3WRE39\nAuction Technology Group plc\n(\"the Company\")\nResults of Annual General Meeting\nThe Annual General Meeting of the Company was held at the offices of Travers Smith LLP, 10 Snow Hill, London EC1A 2AL on 22 January 2026.\nResolutions 1 - 14 and 18 - 19 were passed and resolutions 15 - 17 failed to pass on a poll. The results of each resolution were as follows:\n\n\n\n\nResolution\n\n\nFor (%)\n\n\nAgainst (%)\n\n\nVotes withheld\n\n\nTotal votes cast\n\n\nPercentage of issued share capital voted (%)\n\n\n\n\n\n\n1. To receive the reports of the Directors and the Auditor and the audited accounts for the financial year ended 30 September 2025\n\n\n99.96%\n\n\n0.04%\n\n\n76,353\n\n\n101,115,498\n\n\n83.49\n\n\n\n\n2. To approve the Directors' Remuneration Report\n\n\n72.24%\n\n\n27.76%\n\n\n62,543\n\n\n101,129,308\n\n\n83.50\n\n\n\n\n3. To re-elect John-Paul Savant as a Director of the Company\n\n\n71.87%\n\n\n28.13%\n\n\n1,614,868\n\n\n99,576,983\n\n\n82.22\n\n\n\n\n4. To elect Sarah Highfield as a Director of the Company\n\n\n73.77%\n\n\n26.23%\n\n\n86,887\n\n\n101,104,964\n\n\n83.48\n\n\n\n\n5. To re-elect Scott Forbes as a Director of the Company\n\n\n71.69%\n\n\n28.31%\n\n\n89,036\n\n\n101,102,815\n\n\n83.48\n\n\n\n\n6. To re-elect Pauline Reader as a Directorof the Company\n\n\n72.36%\n\n\n27.64%\n\n\n102,474\n\n\n101,089,377\n\n\n83.47\n\n\n\n\n7. To re-elect Suzanne Baxter as a Directorof the Company\n\n\n72.36%\n\n\n27.64%\n\n\n104,010\n\n\n101,087,841\n\n\n83.47\n\n\n\n\n8. To re-elect Tamsin Todd as a Director of the Company\n\n\n72.36%\n\n\n27.64%\n\n\n102,474\n\n\n101,089,377\n\n\n83.47\n\n\n\n\n9. To re-elect Andrew Miller as a Director of the Company\n\n\n73.78%\n\n\n26.22%\n\n\n104,974\n\n\n101,086,877\n\n\n83.47\n\n\n\n\n10. To elect Sejal Amin as Director of the Company\n\n\n73.79%\n\n\n26.21%\n\n\n107,359\n\n\n101,084,492\n\n\n83.47\n\n\n\n\n11. To re-appoint Ernst & Young LLP as Auditor to the Company\n\n\n99.9...