Business
AGM Result
Time To ACT plc announced the results of its AGM held on September 25, 2025. Ordinary resolutions 1 to 8 passed with 100% of votes cast. However, special resolutions 9 and 10 did not pass, with 42% and 43% of votes cast against them, respectively. Special resolution 9 concerned the authority to make on-market purchases, while resolution 10 related to the disapplication of pre-emption rights. A General Meeting will be scheduled for November 19, 2025, to present the financial statements for the year ended March 31, 2025, to shareholders. The company recently secured £1 million in non-dilutive financing. Disclaimer*
About this update from Time To Act Plc
[{"type":"text","content":"\n\n \n26 September 2025\nTime To ACT plc\n(\"Time To ACT\", \"the Company\" or \"the Group\")\n \nAGM Result\n \nTime To ACT plc (AQSE: TTA), an engineering-led group focused on technology for the energy transition supply chain, announces the results of its AGM held on 25 September 2025. \nOrdinary resolutions numbered 1 to 8 have passed with 100% of the votes cast. Special resolutions 9 and 10 have not passed and the votes against represented 42% and 43% respectively of votes cast. Special resolution 9 was the authority to make on market purchases and resolution 10 was disapplication of pre-emption rights. The resolutions are detailed on the AGM notice which can be found on the Time To ACT website www.timetoactplc.com\nA General Meeting will be scheduled for 19th November 2025 to lay the year ended 31 March 2025 financial statements to shareholders.\n \nChris Heminway, Executive Chairman of Time To ACT plc said:\n\"We are keen to maintain a constructive dialogue with all of our shareholders and have already appointed one of our NEDs to drive an enhanced communication strategy and who recently met with a number of concerned shareholders. I am as unhappy with the current share price as anyone which is the result simply from low volumes of selling in a highly illiquid market. Measures to improve our liquidity are high up our agenda. I'm also keen to avoid shareholder dilution which is why we worked hard over the summer to get into the position to announce last week's £1m non-dilutive financing. The Board respects the votes against the special resolution to disapply pre-emption rights and we will continue to improve our communications and shareholder interaction as we seek to build shareholder value\"\n \n\n\n\n\nTime To ACT plc\nChris Heminway, Executive Chairman\nGary Wallace, Chief Financial Officer\nInvestor questions on this announcement:\n\n\nTel: +44 (0) 1642 967138\n \n \n \n \nhttps://investors.timetoactplc.com/link/P3j7kr \n\n\n\n\nVSA Capital Limited, AQSE Corporate Advisor\nAndrew Raca, Brian Wong (Corporate Finance)\nAndrew Monk (Corporate Broking)\n \n\n\nTel: +44 20 3005 5000\n\n\n\n\n \n \nSubscribe to our news alert service: https://investors.timetoactplc.com/auth/signup\n \nEngage with the Time To ACT managem...