REG - DG Innovate PLC - Result of AGM

DG InnovateAnnouncement

08/11/2022 15:45

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RNS Number : 7262F  DG Innovate PLC  08 November 2022

8 November 2022

DG Innovate plc

 

("DG Innovate" or the "Company")

Result of AGM

 

DG Innovate (LSE: DGI), the advanced research and development company
pioneering sustainable and environmentally considerate improvements to
electric mobility and energy storage, announces that at the Company's Annual
General Meeting ("AGM") held earlier today all resolutions were passed.

 

The votes received in respect of the resolutions were as follows:

 

 Resolution                                                               For            %       Against     %      Withheld
 1. To receive the annual accounts                                        3,161,556,910  100%    0           0%     350

 2. To approve the reappointment of Moore Kingston Smith LLP as auditors  3,075,573,050  97.28%  85,982,960  2.72%  1,250
 3. To approve the Directors' remuneration report                         3,161,554,843  99.99%  2,067       0.01%  350
 4. To approve the Directors' remuneration policy                         3,075,572,450  97.28%  85,984,460  2.72%  350

 5. Share allotment authority                                             3,075,569,759  97.28%  85,986,251  2.72%  1,250

 6. Share allotment for cash on a pre-emptive basis                       3,075,571,759  97.28%  85,984,251  2.72%  1,250
 7. Disapplication of pre-emption rights                                  3,075,571,634  97.28%  85,984,376  2.72%  1,250

 

 

For further information please contact:

 DG Innovate plc                            C/O IFC
 Peter Tierney, CEO

 Jack Allardyce, CFO

 IFC Advisory (Financial PR & IR)           020 3934 6630
 Tim Metcalfe

 Zach Cohen

 Grant Thornton UK LLP (Financial Adviser)  020 7383 5100

 Samantha Harrison

 Jamie Barklem

 Daphne Zhang

 Ciara Donnelly

 OvalX (Joint Broker)                       020 7392 1400
 Tom Curran

 Thomas Smith

 WH Ireland (Joint Broker)                  020 7220 1666
 Chris Hardie
 Megan Liddell

 

About DG Innovate

 

DG Innovate is an advanced research and development company pioneering
sustainable and environmentally considerate improvements to electric mobility
and storage, using abundant materials and the best engineering and scientific
practices. DG Innovate is currently developing its products alongside a number
of major manufacturers across the transportation and energy sectors, research
institutions and the UK Government, and has filed 18 patents worldwide. DG
Innovate's current research and development activities are broadly split into
two areas, focusing on novel electric motor technologies and energy storage
solutions. Its two main products are:

 

- Enhanced Drive Technology (EDT) - High efficiency, cost-effective electric
motors + power electronics; and

- Enhanced Battery Technology (EBT) - Sodium-ion batteries offering a
sustainable energy storage solution at similar/greater energy density to
incumbent technologies at a lower cost, increased safety with lower
environmental footprint.

 

Further information may be found at: https://www.dgiplc.com
(https://www.dgiplc.com)

 

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