Results of 2024 Annual General Meeting

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[{"type":"text","content":"\n\n\n21 March 2024\nPressure Technologies plc\n(\"Pressure Technologies\" or \"the Company\")\n \nResults of 2024 Annual General Meeting\n \nPressure Technologies plc (AIM: PRES), the specialist engineering group, announces the voting results of its 2024 annual general meeting (the \"AGM\") held today.\nResolutions 1-12 were proposed by the Board and all were duly passed.\nResolution 13 was proposed by the Board as a special resolution, requiring a 75% majority of votes cast to pass. This resolution received votes in favour equating to 66.34% of those cast and so was not passed. The Board notes this vote against Resolution 13 and will engage with shareholders to understand their views.\nThe total votes were cast as follows:\n \n\n\n\n\nResolution\n\n\nFor\n\n\n%\n\n\nAgainst\n\n\n%\n\n\nWithheld**\n\n\n\n\n1\n\n\nTo receive and adopt the FY23 audited Annual Report & Financial Statements\n\n\n24,236,812\n\n\n99.98\n\n\n6,000\n\n\n0.02\n\n\n11,144\n\n\n\n\n2\n\n\nTo approve the Directors' Remuneration Report in the FY23 Annual Report & Financial Statements\n\n\n17,730,648\n\n\n99.90\n\n\n18,314\n\n\n0.10\n\n\n6,504,964\n\n\n\n\n3\n\n\nTo re-appoint Nick Salmon as a Director\n\n\n17,736,515\n\n\n99.90\n\n\n17,114\n\n\n0.10\n\n\n6,500,297\n\n\n\n\n4\n\n\nTo re-appoint Chris Walters as a Director\n\n\n24,236,515\n\n\n99.93\n\n\n17,114\n\n\n0.07\n\n\n297\n\n\n\n\n5\n\n\nTo re-appoint Steve Hammell as a Director\n\n\n24,236,515\n\n\n99.93\n\n\n17,114\n\n\n0.07\n\n\n297\n\n\n\n\n6\n\n\nTo re-appoint Mike Butterworth as a Director\n\n\n17,736,315\n\n\n99.90\n\n\n17,314\n\n\n0.10\n\n\n6,500,297\n\n\n\n\n7\n\n\nTo re-appoint Tim Cooper as a Director\n\n\n17,736,515\n\n\n99.90\n\n\n17,114\n\n\n0.10\n\n\n6,500,297\n\n\n\n\n8\n\n\nTo re-appoint Richard Staveley as a Director\n\n\n24,231,551\n\n\n99.91\n\n\n22,078\n\n\n0.09\n\n\n297\n\n\n\n\n9\n\n\nTo re-appoint Cooper Parry as Auditor\n\n\n24,231,312\n\n\n99.95\n\n\n11,500\n\n\n0.05\n\n\n11,144\n\n\n\n\n10\n\n\nTo authorise the Audit & Risk Committee to set the Auditor's remuneration\n\n\n24,231,015\n\n\n99.91\n\n\n22,614\n\n\n0.09\n\n\n297\n\n\n\n\n11\n\n\nTo authorise the Directors to allot shares\n\n\n16,327,509\n\n\n67.32\n\n\n7,926,417\n\n\n32.68\n\n\n0\n\n\n\n\n12\n\n\nTo authorise the Company to purchase its own shares*\n\n\n22,886,823\n\n\n94.36\n...

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