REG - Ashtead Tech Hldgs - Result of Annual General Meeting

Ashtead Technology HoldingsAnnouncement

01/07/2022 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220701:nRSA9275Qa&default-theme=true

RNS Number : 9275Q  Ashtead Technology Holdings plc  01 July 2022

1 July 2022

 

Ashtead Technology Holdings plc ("Ashtead Technology" or "the Company")

 

Result of Annual General Meeting

 

Ashtead Technology Holdings plc (AIM: AT.), a leading subsea equipment rental
and solutions provider for the global offshore energy sector, announces the
results of the voting on the resolutions put to its Annual General Meeting
("AGM") held on 30 June 2022. Resolutions 1 to 11 (inclusive) were proposed as
ordinary resolutions. Resolutions 12 to 14 (inclusive) were proposed as
special resolutions. All resolutions put to shareholders at the meeting were
successfully passed on a poll vote.

 

Details of the votes received on each resolution are set out below:

 

 Resolution                                                                      Votes For*  % of votes cast**  Votes Against  % of votes cast**  Total votes cast**  Votes withheld**  % of issued share capital voted**
 1.  To receive the annual accounts of the Company and the reports of the        72,731,473  100.00%            0              0.00%              72,731,473          0                 91.39%
 directors for the financial year ended 31 December 2021

 2.  To approve the directors' remuneration report for the financial year        70,096,874  96.38%             2,634,599      3.62%              72,731,473          0                 91.39%
 ended 31 December 2021 as set out on pages 37 to 38 (inclusive) of the Annual

 Report and Accounts 2021

 3.  To elect Ingrid Stewart as a director of the Company                        72,731,473  100.00%            0              0.00%              72,731,473          0                 91.39%

 4.  To elect Joseph Connolly as a director of the Company                       72,731,473  100.00%            0              0.00%              72,731,473          0                 91.39%

 5.  To elect Anthony Durrant as a director of the Company                       72,731,473  100.00%            0              0.00%              72,731,473          0                 91.39%

 6.  To elect Thomas Hamborg-Thomsen as a director of the Company                72,731,473  100.00%            0              0.00%              72,731,473          0                 91.39%

 7.  To elect Allan Pirie as a director of the Company                           72,731,473  100.00%            0              0.00%              72,731,473          0                 91.39%

 8.  To elect William Shannon as a director of the Company                       72,731,473  100.00%            0              0.00%              72,731,473          0                 91.39%

 9.  To appoint BDO LLP as auditors of the Company to hold office until the      72,285,473  99.39%             446,000        0.61%              72,731,473          0                 91.39%
 conclusion of the next general meeting at which accounts are laid before the

 Company

 10.  To authorise the directors to set the remuneration of the auditors         72,731,473  100.00%            0              0.00%              72,731,473          0                 91.39%

 11. To authorise the Directors to allot shares in the Company and convert any   72,731,473  100.00%            0              0.00%              72,731,473          0                 91.39%
 security into shares in the Company

 12. To authorise the Directors to allot equity securities for cash and          72,731,473  100.00%            0              0.00%              72,731,473          0                 91.39%
 disapply pre-emption rights

 13. To authorise the Directors to allot equity securities for cash and          72,208,363  99.28%             523,110        0.72%              72,731,473          0                 91.39%
 disapply pre-emption rights for the purpose of financing an acquisition or

 other capital investment

 14.  To authorise the Directors to call a General Meeting of the Company,       72,731,473  100.00%            0              0.00%              72,731,473          0                 91.39%
 other than an AGM, on not less than 14 clear days' notice

 

*Votes "For" include proxy appointments which gave discretion to the Chairman
of the AGM.

 

** A 'Vote Withheld' is not a vote in law and has not been counted in the
calculation of the proportion of the votes 'For' and 'Against' a resolution.

 

As at 10.30 p.m. on 28 June 2022, being the time at which a person had to be
registered in the Company's register of members in order to attend and vote at
the AGM, the number of ordinary shares of the Company in issue was 79,582,000.
In accordance with the Company's Articles of Association, on a poll every
member present in person or by proxy has one vote for every share held.

 

 

 For further information, please contact:

 

 Ashtead Technology                           (Via Vigo Consulting)

 Allan Pirie, Chief Executive Officer

 Ingrid Stewart, Chief Financial Officer

 Vigo Consulting (Financial PR)               Tel: +44 (0)20 7390 0230

 Patrick d'Ancona

 Finlay Thomson

 Numis Securities Limited (Nomad and Broker)  Tel: +44 (0)20 7260 1000

 Julian Cater

 George Price

 Jonny Abbott

 Kevin Cruickshank (QE)

Notes to editors:

 

Ashtead Technology is a leading subsea equipment rental and solutions provider
for the global offshore energy sector. Ashtead Technology's specialist
equipment, advanced-technologies and support services enable its customers to
understand the subsea environment and manage offshore energy production
infrastructure.

 

The Company's service offering is applicable across the lifecycle of offshore
wind farms and offshore oil and gas infrastructure. Headquartered in the UK,
the Company operates globally, servicing customers from its nine international
customer service hubs.

 

In the fast-growing offshore wind sector, Ashtead Technology's specialist
equipment and services are essential through the project development,
construction and installation phase. Once wind farms are operational, Ashtead
Technology supports customers with inspection, maintenance and repair ("IMR")
equipment and services. In the more mature oil and gas sector, Ashtead
Technology's focus is on IMR and decommissioning.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RAGBKKBNDBKBAAN