REG - Auction Technology - Results of Annual General Meeting

Auction TechnologyAnnouncement

25/01/2022 14:25

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RNS Number : 5983Z  Auction Technology Group PLC  25 January 2022

LEI: 213800U8Q9K2XI3WRE39

25 January 2022

Auction Technology Group plc (the "Company")

Results of Annual General Meeting

The Annual General Meeting of the Company was held at the offices of Travers
Smith LLP, 10 Snow Hill, London EC1A 2AL on 25 January 2022.

All resolutions were duly passed on a poll and the results of each resolution
were as follows:

 Resolution                                                                      For (%)                Against (%)        Votes withheld  Total votes cast  Percentage of issued share capital voted (%)
 1.   To receive the reports of the Directors and the Auditor and the audited    109,161,059 (100.00%)  0                  53,933          109,161,059       90.58
 accounts for the financial year ended 30 September 2021

                                                                                                        (0.00%)
 2.   To approve the Directors' remuneration report (excluding the Directors'    108,861,907 (99.68%)   353,085 (0.32%)    0               109,214,992       90.63
 remuneration policy)
 3.   To approve the Directors' remuneration policy                              109,177,156 (99.97%)   37,836 (0.03%)     0               109,214,992       90.63
 4. To approve the Employee Stock Purchase Plan                                  109,212,992 (100.00%)  0                  2,000           109,212,992       90.63

                                                                                                        (0.00%)
 5. To re-elect Breon Corcoran as a Director                                     107,843,138 (98.74%)   1,371,854 (1.26%)  0               109,214,992       90.63
 6. To re-elect John-Paul Savant as a Director                                   108,673,616 (99.50%)   541,376 (0.50%)    0               109,214,992       90.63
 7. To re-elect Tom Hargreaves as a Director                                     106,001,282 (97.06%)   3,213,710 (2.94%)  0               109,214,992       90.63
 8.   To re-elect Scott Forbes as a Director                                     106,213,317 (97.25%)   3,001,675 (2.75%)  0               109,214,992       90.63
 9.  To re-elect Morgan Seigler as a Director                                    108,932,246 (99.74%)   282,746 (0.26%)    0               109,214,992       90.63
 10.  To elect Pauline Reader as a Director                                      109,069,713 (99.87%)   145,279 (0.13%)    0               109,214,992       90.63
 11. To re-appoint Deloitte LLP as Auditor to the Company                        109,000,097 (99.80%)   214,545 (0.20%)    350             109,214,642       90.63
 12. To authorise the Directors to determine the remuneration of the Auditor     108,728,552 (99.55%)   486,090 (0.45%)    350             109,214,642       90.63
 13. To authorise the Company to make political donations                        108,874,991 (99.69%)   339,651 (0.31%)    350             109,214,642       90.63
 14. To authorise the Directors to allot shares or grant subscription or         108,685,738 (99.52%)   523,637 (0.48%)    5,617           109,209,375       90.62
 conversion rights under section 551 Companies Act 2006
 15. To dis-apply statutory pre-emption rights under section 570 of the          109,205,375 (100.00%)  3,000 (0.00%)      6,267           109,208,375       90.62
 Companies Act 2006 (general)
 16. To further disapply statutory pre-emption rights under section 570 of the   108,930,623 (99.74%)   283,019 (0.26%)    1,000           109,213,642       90.63
 Companies Act 2006 in connection with an acquisition or specified capital
 investment
 17. To authorise the Company to make market purchases of its own shares         109,180,035 (100.00%)  350                33,257          109,180,385       90.60

                                                                                                        (0.00%)
 18. To authorise the calling of a general meeting other than an Annual          108,206,413 (99.08%)   1,008,229 (0.92%)  0               109,214,642       90.63
 General Meeting on not less than 14 clear days' notice

 

Notes:

(i)      Votes 'For' include those votes giving the Chair discretion.

(ii)     The number of ordinary shares in issue on 25 January 2022 was
120,506,916.  Shareholders are entitled to one vote per share.

(iii)    A vote withheld is not a vote in law and is not counted in the
calculation of the proportion of votes validly cast.

Full details of the resolutions are set out in the Notice of Annual General
Meeting dated 15 December 2021 (which is available on the Company's website at
www.auctiontechnologygroup.com).

Resolutions 1 to 14 were ordinary resolutions, requiring more than 50 per
cent. of shareholders' votes to be cast in favour of the resolutions.
Resolutions 15 to 18 were special resolutions, requiring at least 75 per cent.
of shareholders' votes to be cast in favour of the resolutions.

A copy of all the resolutions passed other than ordinary business at the
Annual General Meeting has been submitted to the Financial Conduct Authority
via the National Storage Mechanism and will shortly be available for
inspection at
https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism
(https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism)
.

For further information contact:

 Tulchan Communications                      +44 207 353 4200

 (Public relations advisor to the Company)   ATG@tulchangroup.com (mailto:ATG@tulchangroup.com)

 Tom Murray, Matt Low, Laura Marshall
 Auction Technology Group plc

 For investor enquiries

 For media enquiries                         investorrelations@auctiontechnologygroup.com

                                           (mailto:investorrelations@auctiontechnologygroup.com)

                                             press@auctiontechnologygroup.com (mailto:press@auctiontechnologygroup.com)

 

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