REG - LPA Group PLC - Result of AGM

LPAAnnouncement

24/03/2023 10:45

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RNS Number : 1738U  LPA Group PLC  24 March 2023

LPA GROUP PLC

("LPA", the "Company" or the "Group")

Result of AGM

LPA Group Plc, the high reliability LED lighting, electronic and
electro-mechanical system designer and manufacturer, announces that at its
annual general meeting ("AGM"), shareholders passed, on a poll, ordinary
resolutions 1, 2, 3, 4 and 5. In respect of special resolutions 6 and 7,
resolution 7 was passed on a poll but resolution 6 was not passed.

The Company has consulted with its largest shareholder, representing
approximately 24% of the Company's share capital, who is not willing to
support the Company having a general power permitting the new issue of shares
for cash, without pre-emptive offers to existing shareholders.

The result of the poll for resolution 6 was as follows:

 Special Resolution                                                              Votes For                        Votes Against                    Total Votes Cast                     Votes Withheld

                                                                                 No of shares  % of shares voted  No of shares  % of shares voted  No of shares  % of ISC shares voted  No of shares
 6. That subject to the passing of resolution 5 the directors be given power to
 allot equity securities for cash

                                                                                 1,881,450     34.97%             3,498,843     65.03%             5,380,293     39.90%                 6,102

 

A copy of the resolutions is included in the Company's Annual Report &
Accounts, which are available on the Company's website, www.lpa-group.com
(http://www.lpa-group.com)

 

 Enquires:                           www.lpa-group.com      Tel:

 LPA Group plc
 Robert B Horvath                    Chairman               01799 512 800
 Paul Curtis                         CEO
 Stuart Stanyard                     CFO

 finnCap                             NOMAD and Broker       020 7220 0500
 Ed Frisby / Abigail Kelly

 (Corporate Finance)

 Tim Redfern / Charlotte Sutcliffe

 (ECM)

 

About LPA

LPA Group plc (AIM: LPA) is a market leading designer, manufacturer and
supplier of high reliability LED lighting, electronic and electro-mechanical
systems, and a distributor of engineered components.

Focused on transport (rail and aviation), defence, infrastructure and
industrial markets and supplying into hostile and challenging environments,
LPA is known for engineering solutions to improve product reliability,
reducing maintenance and life cycle costs.

The Group has three sites across the UK, selling to customers in the UK and
overseas. Two of these are design and manufacturing sites: LPA Connection
Systems - electro-mechanical systems for rail, aviation and industrial, and
LPA Lighting Systems - LED lighting and electronic systems for rail and
infrastructure. The third site is LPA Channel Electric - a value added
distributer of engineered components for rail, aerospace and defence.

With over 160 years of UK design and manufacture, and with origins in the
first ever light installed in 'Electric Avenue', Brixton; innovation is core
to LPA and to the products and services supplied to our customers worldwide.

For more information visit www.lpa-group.com (http://www.lpa-group.com/)

 

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