REG - Ceres Power Holdings - Result of the Annual General Meeting

Ceres Power HoldingsAnnouncement

05/05/2022 14:45

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RNS Number : 5050K  Ceres Power Holdings plc  05 May 2022

5 May 2022

Ceres Power Holdings plc

("Ceres Power" or the "Company")

Result of the Annual General Meeting

Ceres Power Holdings plc (AIM: CWR) is pleased to announce that at the Annual
General Meeting of shareholders held earlier today at RPC, Tower Bridge House,
St Katharine's Way, London, E1W 1AA, all resolutions were duly passed.

The results of the poll vote on the resolutions put at the Annual General
Meeting were as follows:

                                                                                 Number of votes for and discretionary  Number of votes against  Number of votes withheld     Total number of votes cast exc. votes withheld  % of issued

(% of votes cast)
(% of votes cast)
share capital represented by the votes cast
 Ordinary Resolutions
 1. To receive and consider the accounts of the Company for the financial        133,190,576 (100.00%)                  3,585                    1,205,716                    133,194,161                                     69.78%
 period ended 31 December 2021, together with the reports of the Directors of
(0.00%)

 the Company (the "Board") and the auditor of the Company on those accounts.
 2. To re-appoint BDO LLP as auditor of the Company, to hold office until the    134,030,870 (99.73%)                   360,224                  8,783                        134,391,094                                     70.40%
 conclusion of the next Annual General Meeting.
(0.27%)

 3. To authorise the Board, through the Audit Committee, to fix its auditor's    133,313,536 (99.19%)                   1,082,106 (0.81%)        4,235                        134,395,642                                     70.40%
 remuneration.

 4. To elect Professor Dame Julia King, who has been appointed by the Board      134,372,840 (99.98%)                   22,300                   4,737                        134,395,140                                     70.40%
 since the last Annual General Meeting, as a Director of the Company.
(0.02%)

 5. To elect Mr Eric Daniel Lakin, who has been appointed by the Board since     133,597,585 (99.41%)                   796,244                  6,048                        134,393,829                                     70.40%
 the last Annual General Meeting, as a Director of the Company.
(0.59%)

 6. To elect Trine Borum Bojsen, who has been appointed by the Board since the   134,382,055 (99.99%)                   11,774                   6,048                        134,393,829                                     70.40%
 last Annual General Meeting, as a Director of the Company.
(0.01%)

 7. To re-elect Mr Stephen Callaghan, who is retiring by rotation, as a          132,254,215 (98.41%)                   2,137,964 (1.59%)        7,698                        134,392,179                                     70.40%
 Director of the Company.

 8. To re-elect Mr Warren Alan Finegold, who is retiring by rotation, as a       125,773,878 (95.36%)                   6,116,149                2,509,850                    131,890,027                                     69.09%
 Director of the Company.
(4.64%)

 9. To re-elect Mr Uwe Klaus Glock, who is retiring by rotation, as a Director   132,733,134 (98.77%)                   1,656,241                10,502                       134,389,375                                     70.40%
 of the Company.
(1.23%)

 10.          To authorise the Directors to allot certain shares                 125,210,273 (93.78%)                   8,302,387                887,217                      133,512,660                                     69.94%
 pursuant to section 551 of the Companies Act 2006 (the "2006 Act").
(6.22%)

 Special Resolutions
 11.          To authorise the Directors to allot shares for cash                128,275,363 (98.77%)                   1,601,343                4,523,171                    129,876,706                                     68.04%
 without the application of statutory pre-emption rights in certain instances,
(1.23%)

 as if section 561 of the 2006 Act did not apply.
 12.          To further authorise the Directors to allot shares for             124,895,451 (96.16%)                   4,983,755                4,520,671                    129,879,206                                     68.04%
 cash without the application of statutory pre-emption rights in certain
(3.84%)

 instances, as if section 561 of the 2006 Act did not apply, for the purposes
 of financing transactions.
 13.          To adopt new articles of association.                              133,501,305 (99.34%)                   891,322                  7,250                        134,392,627                                     70.40%

(0.66%)

 

NOTES:

1. All resolutions were passed.

2. Votes "For" and "Against" are expressed as a percentage of votes received.

3. A "Vote withheld" is not a vote in law and is not counted in the
calculation of the proportion of votes "For" or "Against" a resolution.

4. The total number of shares in issue as at 10am BST on 3 May 2022 was
190,890,745 shares.

For further information visit www.ceres.tech (http://www.ceres.tech) or
contact:

 Ceres Power Holdings plc                      Tel: +44(0)7932 023 283

 Elizabeth Skerritt

 Investec Bank PLC (NOMAD & Joint Broker)      Tel: +44 (0)207 597 5970

 Jeremy Ellis/ Patrick Robb/ Ben Griffiths

 Berenberg (Joint Broker)                      Tel: +44 (0)203 207 7800

 Ben Wright/ Mark Whitmore

 FTI Consulting (Financial PR)                 Tel: +44 (0)203 727 1000

 Dwight Burden                                 Email: ceres_power@fticonsulting.com (mailto:Ceres_power@fticonsulting.com)

 

About Ceres Power

Ceres is a world-leading developer of electrochemical technologies: fuel cells
for power generation, electrolysis for the creation of green hydrogen and
energy storage. Its asset-light, licensing model has seen it establish
partnerships with some of the world's largest engineering and technology
companies, such as Weichai in China, Bosch in Germany, Miura in Japan, and
Doosan in Korea, to develop systems and products that address climate change
for power generation, transportation, industry, data centres and everyday
living.  Ceres is listed on the AIM market of the London Stock Exchange
("LSE") (AIM: CWR) and is classified by the LSE Green Economy Mark, which
recognises listed companies that derive more than 50% of their activity from
the green economy.

 

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