REG - Gamma Communications - Result of AGM

Gamma CommunicationsAnnouncement

13/05/2026 17:15

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RNS Number : 2243E  Gamma Communications PLC  13 May 2026

13 May 2026

 

Gamma Communications plc

 

Results of 2026 Annual General Meeting

 

Gamma Communications plc ("Gamma" or "the Company") announces that, at the
Annual General Meeting held yesterday, all resolutions as set out in the
Notice of Annual General Meeting ("AGM") dated 1 April 2026 were passed, which
included all valid proxy votes submitted in advance of the meeting. The number
of votes for and against each of the resolutions, and the number of votes
withheld, are set out in the table below.

 

While all resolutions were passed with significant majorities in favour, the
Board notes that resolution 8 (the re-election of Martin Hellawell) received
support of 79.35%. The Board acknowledges that this level of support is below
that received on other resolutions, notwithstanding the positive voting
recommendations from the proxy advisors and the Board's active engagement with
major shareholders prior to the AGM, which did not identify any specific
concerns. The Board thanks shareholders for their continued engagement and
support ahead of the AGM and throughout the year. In accordance with provision
4 of the UK Corporate Governance Code (the "Code"), the Board will build on
its engagement with relevant shareholders to understand their views on the
voting outcome on this resolution. The Board will provide an update within six
months of the AGM, in accordance with the Code.

 

The voting results will shortly be available on the Company's website
at www.gammagroup.co (http://www.gammagroup.co) .

 

 

                                                                                     FOR                  AGAINST              WITHHELD*

     Resolution                                                                      Votes cast    %      Votes cast    %      Votes cast

 1   To receive and adopt the Annual Report and Accounts for the year ended 31        66,145,450   99.99   5,415        0.01   60,540
     December 2025
 2   To approve the final dividend of 14.8 pence per share                            66,185,841   99.99   601          0.01   24,963
 3   To approve the Directors' Remuneration Policy for the year ended 31 December     64,822,380   97.95   1,354,933    2.05   34,092
     2025
 4   To approve the Directors' Remuneration Report for the year ended 31 December     66,144,309   99.96   26,496       0.04   40,700
     2025
 5   To reappoint Deloitte LLP as auditor of the Company                              64,160,971   96.96   2,011,199    3.04   39,235
 6   To authorise Directors to determine the remuneration of the auditor              64,198,675   97.00   1,985,500    3.00   27,230
 7   To elect Chris Jagusz as a Director                                              66,171,552   99.98   10,766       0.02   29,087
 8   To re-elect Martin Hellawell as a Director                                       52,515,759   79.35   13,665,992   20.65  29,654
 9   To re-elect Andrew Belshaw as a Director                                         66,165,684   99.98   15,837       0.02   29,884
 10  To re-elect Rachel Addison as a Director                                         64,732,224   97.81   1,449,544    2.19   29,637
 11  To re-elect Charlotta Ginman as a Director                                       63,594,669   96.09   2,587,099    3.91   29,637
 12  To re-elect Shaun Gregory as a Director                                          65,251,746   98.61   922,993      1.39   36,666
 13  To re-elect Xavier Robert as a Director                                          66,168,822   99.98   12,699       0.02   29,884
 14  To renew the authority for Directors to allot relevant securities                64,985,502   98.20   1,193,506    1.80   32,397
 15  To authorise Directors to allot relevant securities with the disapplication of   64,348,737   97.24   1,829,569    2.76   33,099
     pre-emption rights**
 16  To authorise Directors to allot relevant securities with the disapplication of   61,163,107   92.42   5,015,572    7.58   32,726
     pre-emption rights in connection with an acquisition or other capital
     investment**
 17  To renew the authority for the Company to make market purchases of its own       65,878,595   99.99   1,756        0.01   331,054
     shares**

 

* 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.

** Denotes a special resolution requiring a 75% majority of votes cast.

 

The number of shares in issue as at the date of the 2026 Annual General
Meeting is 92,123,926, of which 1,578,525 ordinary shares are held in
Treasury. The shares held in Treasury have no voting rights.

 

In accordance with LR 9.6.2 a copy of the resolutions passed under special
business at today's Annual General Meeting will be submitted to the National
Storage Mechanism.

 

 Enquiries:   

 Gamma Communications plc                     Tel: +44 (0)333 006 5972

 Andrew Belshaw, Chief Executive Officer

 Rachael Matzopoulos, Company Secretary

  
 Investec (Joint Broker)                      Tel: +44 (0)207 597 5970

 Patrick Robb / Virginia Bull 

 Peel Hunt (Joint Broker)                     Tel: +44 (0)207 418 8900

 Neil Patel / Alice Lane / Benjamin Cryer

  
 Teneo (Financial PR Adviser)                 Tel: +44 (0)207 260 2700

 James Macey White / Matt Low

  

About Gamma

Gamma is a leading European provider of business-critical communications
technology. Our extensive channel partner network connects major technology
vendors with hundreds of thousands of SMEs, and we deal directly with large
corporates and the public sector. Gamma combines its proprietary solutions
with leading third-party cloud platforms, its own telecoms network and a high
quality of service, to help customers communicate and collaborate more
effectively.

 

Our broad and expanding portfolio - including cloud communications software
(telephony, messaging, video, AI-driven customer experience), calling and
network connectivity (including security) - enables customers of any size to
deploy end-to-end communications and IT solutions via a single provider.

 

In mainland Europe, Gamma has its largest presence in Germany, delivering
services to SMEs through both partners and its own self-service digital
platform, and is recognised as one of the country's leading cloud
communications providers.

 

Gamma Business serves UK SMEs via an extensive network of over 1,500 channel
partners and its Service Provider business provides international calling
capabilities for global communications platform and service providers.

 

For larger corporate and public sector organisations, Gamma Enterprise engages
directly to design and support complex, integrated communications solutions.

 

With over 2,000 employees, Gamma is a FTSE 250 company listed on the London
Stock Exchange (ticker: GAMA). More information can be found at: gammagroup.co
 

 

 

 

 

 

 

 

 

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