8 May 2025
Rosebank Industries Plc
(the "Company" or "Rosebank")
AGM 2025 Results
Rosebank held its first Annual General Meeting at 11:00am today. All resolutions set out in the Company's Notice of Annual General Meeting dated 28 March 2025 were proposed and approved on a poll. The table below shows the results of the poll for each resolution.
|
Resolution |
For |
Against |
% of issued share capital voted |
Votes withheld |
||
|
Number |
% |
Number |
% |
|||
|
1: To receive the annual report and accounts for the 7-month period ended 31 December 2024. |
17,243,875 |
98.30% |
298,540 |
1.70% |
87.71 |
134,280 |
|
2: To approve the Directors' Remuneration Report for the 7-month period ended 31 December 2024. |
17,297,808 |
98.94% |
184,544 |
1.06% |
87.41 |
194,343 |
|
3: To elect Justin Dowley as a director. |
17,160,804 |
97.09% |
514,891 |
2.91% |
88.38 |
1,000 |
|
4: To elect Christopher Miller as a director. |
17,409,103 |
98.49% |
266,592 |
1.51% |
88.38 |
1,000 |
|
5: To elect Simon Peckham as a director. |
17,676,695 |
100.00% |
0 |
0.00% |
88.38 |
0 |
|
6: To elect Matt Richards as a director. |
17,675,695 |
100.00% |
0 |
0.00% |
88.38 |
1,000 |
|
7: To appoint Deloitte LLP as auditor. |
17,423,333 |
98.57% |
252,362 |
1.43% |
88.38 |
1,000 |
|
8: To authorise the Audit Committee to determine the remuneration of the auditor. |
17,674,941 |
100.00% |
754 |
0.00% |
88.38 |
1,000 |
|
9: To authorise the directors to allot shares. |
17,676,695 |
100.00% |
0 |
0.00% |
88.38 |
0 |
|
10: To authorise the limited disapplication of pre-emption rights. |
17,231,305 |
97.48% |
445,390 |
2.52% |
88.38 |
0 |
|
11: To authorise the limited disapplication of pre-emption rights for acquisitions or specified capital investments. |
17,231,305 |
97.48% |
445,390 |
2.52% |
88.38 |
0 |
|
12. To authorise the Company to buy back shares. |
17,427,896 |
98.59% |
248,799 |
1.41% |
88.38 |
0 |
1. A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution.
2. The number of shares in issue at 6:00 p.m. on 6 May 2025 was 20,000,000 ("ISC"). Holders of ordinary shares are entitled to one vote per share. No shares are held in treasury.
Enquiries:
|
Rosebank |
Via Montfort Communications |
|
Simon Peckham, Chief Executive Matthew Richards, Group Finance Director |
|
|
Montfort Communications |
+44 7739 701 634 / +44 7921 881 800 |
|
Nick Miles Charlotte McMullen |
|
|
Investec Bank plc (Nominated Advisor) |
+44 (0)20 7597 5970 |
|
Carlton Nelson Christopher Baird |
About Rosebank
Rosebank is a company established to acquire businesses whose performance the Founders, who have a strong track record in creating value for investors, believe can be improved so as to create shareholder returns over the short and medium term. The Rosebank team will look to acquire companies with strong underlying fundamentals but scope for operational improvement and work alongside management teams of target companies to drive sustainable long-term performance for the benefit of all the Company's stakeholders.