Business
Result of the 2025 Annual General Meeting
Result of the 2025 Annual General Meeting.
About this update from Zotefoams Plc
Zotefoams plc ('the Company') Result of the 2025 Annual General Meeting 22 May 2025 - The Company announces that at its Annual General Meeting held on 22 May 2025 at its offices at 675 Mitcham Road, Croydon CR9 3AL, all of the resolutions tabled at the meeting were passed on a poll vote. Resolutions 1 to 13 inclusive and Resolution 17 were passed as ordinary resolutions and resolutions 14, 15, 16 and 18 were passed as special resolutions. The total number of ordinary shares in issue in relation to the AGM is 49,246,234. Votes were cast by shareholders in respect of 26,352,108 ordinary shares amounting to 53.51 % of the issued share capital. The votes cast* were recorded as follows: Resolution For % of votes cast Against % of votes cast Votes Withheld 1. To receive the Annual Report of the Company for the year ended 31 December 2024 26,350,123 100.00 1,055 0.00 980 2 To approve the Annual Statement by the Chair of the Remuneration Committee and the Annual Report on Remuneration for the year ended 31 December 2024 set out on pages 84 to 97 of the Annual Report. 26,191,150 99.44 147,886 0.56 13,122 3 To declare a final dividend for the year ended 31 December 2024 of 5.10 pence per ordinary share, such dividend to be payable on 2 June 2025 to shareholders on the register of members of the Company at the close of business on 2 May 2025. 26,351,053 100% 1,055 0.00 50 4 To re-elect L Drummond as a Director. 25,080,721 95.18 1,268,947 4.82 2,490 5. To re-elect R M Cox as a Director. 26,326,626 99.91 22,861 0.09 2,671 6. T o re-elect G C McGrath as a Director. 26,326,626 99.91 22,861 0.09 2,671 7 To re-elect J D Carling as a Director. 25,844,167 98.08 506,008 1.92 1,983 8. T o re-elect D G Robertson as a Director. 25,844,167 98.08 506,008 1.92 1,983 9. T o re-elect M S Swift as a Director. 25,964,167 98.54 386,008 1.46 1,983 10. To re-elect C A Wall as a Director. 25,963,458 98.53 386,210 1.47 2,490 11. To re-appoint PKF Littlejohn LLP as Auditor of the Company. 26,217,738 99.99 3,440 0.01 130,980 12. To authorise the Audit Committee to determine the Auditor's remuneration. 26,347,557 99.99 3,440 0.01 1,161 13. To authorise the Directors to allot shares. 26,204,026 99.89 27,901 0.11 120,231 14. To authorise the Directors to allot equity securities for cash. 26,191,824 99.39 159,684 0.61 650 15. To authorise the Directors, in addition to resolution 14, to allot further equity securities for financing (and refinancing) purposes only. 26,202,168 99.43 149,340 0.57 650 16. To authorise market purchases of shares. 26,346,794 99.98 4,714 0.02 650 17. To approve amendments to the Share Incentive Plan. 26,188,614 99.41 156,275 0.59 7,269 18. That a general meeting other than an annual general meeting may be called on not less than 14 clear days' notice. 25,444,581 96.60 896,927 3.40 10,650 * Total votes cast excludes votes withheld as a vote withheld is not a vote in law. Further details of the resolutions (including the text of the resolutions) are given in the Notice of the 2025 Annual General Meeting, which is on page 155 of the 2024 Annual Report and which is also available on the Company's website. Pursuant to Listing Rule 6.4, the Company also confirms that a copy of all relevant resolutions passed at its AGM will shortly be made available for public inspection via the National Storage Mechanism. Lydia Harratt Group Company Secretary Zotefoams plc 020 8664 1600 About Zotefoams plc Zotefoams plc (LSE - ZTF) is a world leader in supercritical fluid foam technology, delivering optimal material solutions for the benefit of society. Utilising a variety of unique manufacturing processes, including environmentally friendly nitrogen expansion for lightweight AZOTE ® and ZOTEK ® high-performance foams, Zotefoams sells to diverse markets worldwide across three market verticals, Consumer & Lifestyle, Transport & Smart Technologies, and Construction & Other Industrial. Zotefoams uses its own materials to manufacture T-FIT ® advanced insulation for demanding industrial markets. Zotefoams is headquartered in Croydon, UK, with additional manufacturing sites in Kentucky, USA and Brzeg, Poland (foam manufacture), and foam products conversion in Oklahoma, USA and Jiangsu Province, China (T-FIT). www.zotefoams.com AZOTE ® , ZOTEK ® and T-FIT ® are registered trademarks of Zotefoams plc.