REG - Logistics Dev Grp - Result of AGM

Logistics DevelopmentAnnouncement

25/06/2025 13:00

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RNS Number : 4071O  Logistics Development Group PLC  25 June 2025

25 June 2025

 

Logistics Development Group plc

 

("LDG") or the "Company")

 

Result of AGM

 

Logistics Development Group plc, the AIM Investing Company, announces that at
its Annual General Meeting held at 10.00 a.m. on 25 June 2025, out of all 11
resolutions put to the members resolutions 1-8 and 11 were passed on a poll.
Resolutions 9 and 10, which were special resolutions requiring 75% approval,
did not pass. Accordingly, resolutions 1-8 were passed as ordinary resolutions
and resolution 11 was passed as a special resolution.

 

The results of the polls are set out below:,

 

 Resolution                                                                            For (see note 1)        Against               Votes withheld (see note 2)

                                                                                                               (see note 1)
         Votes                                                                         %            Votes      %
 1       To receive the audited accounts and the auditors' and directors' reports for  229,813,984  99.99%     6,676        0.01%    31,186
         the 13 month period to 31 December 2024.
 2       To re-appoint Adrian Collins as a director.                                   229,554,763  99.88%     267,875      0.12%    29,208
 3       To re-appoint David Facey as a director.                                      128,633,514  66.15%     65,825,232   33.85%   35,393,100
 4       To appoint Mark Butcher as a director.                                        229,635,090  99.92%     187,548      0.08%    29,208
 5       To appoint Colin Kingsnorth as a director                                     229,508,721  99.86%     313,917      0.14%    29,208
 6       To re- appoint Haysmacintyre LLP as auditor.                                  229,767,333  99.98%     53,327       0.02%    31,186
 7       To authorise the board of directors to determine the auditor's remuneration   229,635,859  99.92%     182,765      0.08%    33,222
 8       To authorise the Directors to allot and grant rights to subscribe for or      192,546,736  83.85%     37,085,139   16.15%   219,971
         convert any security into shares.
 9       Authority to disapply pre-emption rights.                                     126,833,457  55.24%     102,785,265  44.76%   233,124
 10      Additional authority to disapply pre-emption rights.                          126,828,457  55.24%     102,785,265  44.76%   238,124
 11      To authorise the Directors to make market purchases of the Company's own      229,594,204  99.98%     44,370       0.02%    213,272
         shares.

 

Notes:

 

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

 

2          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.

 

 

For enquiries:

 

 Logistics Development Group plc     Via FTI Consulting
 FTI Consulting                      +44 (0) 20 3727 1340

 Nick Hasell

 Alex Le May

 Strand Hanson Limited               +44 (0) 20 7409 3494

 (Financial and Nominated Adviser)

 James Dance

 Richard Johnson

 Abigail Wennington

 Investec Bank plc                   +44 (0) 20 7597 5970

 (Broker)

 Gary Clarence

 Harry Hargreaves

 

 

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