REG - IP Group PLC - Result of AGM

IPAnnouncement

Thu 13:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250612:nRSL6278Ma&default-theme=true

RNS Number : 6278M  IP Group PLC  12 June 2025

 

 FOR RELEASE ON  12 June 2025

 

IP Group plc - Results of Annual General Meeting

 

The Annual General Meeting ("AGM") of IP Group plc was held earlier today. All
of the Resolutions proposed at the AGM were passed by the appropriate majority
on a poll.

 

IP Group plc Annual General Meeting Poll Results

 

     RESOLUTION                                                                       VOTES        %       VOTES        %       VOTES        % of ISC VOTED  VOTES

FOR
AGAINST
TOTAL
WITHHELD
 1   To receive the Directors' Report, the Audited Statement of Accounts and          638,069,760  99.97%  172,761      0.03%   638,242,521  68.97%          1,106,160
     Auditor's Report of the Company for the financial year ended 31 December 2024.
 2   To approve the Directors' Remuneration Report for the year ended 31 December     547,362,600  85.69%  91,428,282   14.31%  638,790,882  69.03%          557,799
     2024.
 3   To approve the Directors' Remuneration Policy.                                   601,336,021  94.56%  34,602,374   5.44%   635,938,395  68.72%          3,410,286
 4   To re-appoint KPMG LLP as auditor of the Company.                                636,677,576  99.67%  2,118,153    0.33%   638,795,729  69.03%          552,952
 5   To authorise the Directors to fix the remuneration of KPMG LLP as auditor of     638,578,984  99.96%  230,752      0.04%   638,809,736  69.03%          538,945
     the Company.
 6   To re-elect Mr David Baynes as a Director of the Company.                        638,234,627  99.92%  532,459      0.08%   638,767,086  69.02%          581,595
 7   To re-elect Dr Caroline Brown as a Director of the Company.                      630,396,363  98.69%  8,392,053    1.31%   638,788,416  69.03%          560,265
 8   To re-elect Mr Heejae Chae as a Director of the Company.                         521,236,223  81.60%  117,550,713  18.40%  638,786,936  69.03%          561,745
 9   To re-elect Sir Douglas Flint as a Director of the Company.                      622,456,601  97.44%  16,329,835   2.56%   638,786,436  69.03%          562,245
 10  To re-elect Ms Aedhmar Hynes as a Director of the Company.                       631,137,324  98.80%  7,651,092    1.20%   638,788,416  69.03%          560,265
 11  To re-elect Ms Anita Kidgell as a Director of the Company.                       631,693,594  98.89%  7,091,189    1.11%   638,784,783  69.02%          563,898
 12  To re-elect Mr Greg Smith as a Director of the Company.                          638,049,470  99.89%  717,616      0.11%   638,767,086  69.02%          581,595
 13  To authorise the Directors to exercise all the powers of the Company to allot    631,629,282  98.87%  7,200,484    1.13%   638,829,766  69.03%          518,915
     shares and grant rights to subscribe for or to convert any security into
     shares in the Company subject to the limits set out in the AGM notice.
 14  To empower the Directors to allot equity securities for cash, or sell treasury   626,369,368  98.40%  10,215,247   1.60%   636,584,615  68.79%          2,764,066
     shares, dis-applying statutory pre-emption rights subject to the limits set
     out in the AGM notice.
 15  In addition to the authority granted under Resolution 14, to empower the         625,506,262  98.26%  11,072,605   1.74%   636,578,867  68.79%          2,769,814
     Directors to allot equity securities in connection with an acquisition or
     other capital investment as if section 561(1) of the Companies Act 2006
     ("Act") did not apply to any such allotment, subject to the limits set out in
     the AGM notice.
 16  To authorise the Company and its subsidiaries to incur political expenditure     628,921,989  99.81%  1,201,783    0.19%   630,123,772  68.09%          9,224,909
     (as defined in section 365 of the Act) not exceeding £50,000 in total.
 17  To authorise the Company to make market purchases (as defined in section         635,552,056  99.51%  3,160,430    0.49%   638,712,486  69.02%          636,195
     693(4) of the Act) of the Company's ordinary shares, subject to the limits set
     out in the AGM notice.
 18  To enable a general meeting other than an Annual General Meeting to be called    607,377,465  95.08%  31,446,968   4.92%   638,824,433  69.03%          524,248
     on not less than 14 clear days' notice.

 

 

 

In accordance with Listing Rule 9.6.1, a copy of the Resolutions has been
submitted to the National Storage Mechanism and will shortly be available for
inspection at:
www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism
(http://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism)
.

 

 

For more information, please contact:

 

 IP Group plc                                             www.ipgroupplc.com (http://www.ipgroupplc.com)
 Liz Vaughan-Adams, Communications                        +44 (0) 20 7444 0062/+44 (0) 7979 853802

 

 Portland
 Alex Donaldson            +44 (0) 7516 729702

 

Notes for editors

 

About IP Group

 

IP Group accelerates the impact of science for a better future. As the most
active UK based, early stage science investor, we develop and support some of
the world's most exciting businesses in deeptech, life sciences and cleantech
(led by Kiko Ventures). Through Parkwalk, the UK's largest growth EIS fund
manager, we also back world-changing innovation emerging in leading
universities and research institutions. Our specialist investment team
combines sector expertise with an international approach. Together we have a
strong track record of success, having backed high-profile companies including
Oxford Nanopore Technologies plc, First Light Fusion, Hysata, and Oxa. IP
Group is listed on the Main Market of the London Stock Exchange under the code
IPO.

 

For more information, please visit our website at www.ipgroupplc.com
(http://www.ipgroupplc.com/) .

 

ENDS

 

 

 

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  RAGFLLFFEQLEBBL