REG - Nanoco Group PLC - Annual General Meeting – Voting Results

NanocoAnnouncement

21/01/2025 14:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250121:nRSU1646Ua&default-theme=true

RNS Number : 1646U  Nanoco Group PLC  21 January 2025

21 January 2025                                      NANOCO
GROUP PLC

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

Annual General Meeting - Voting Results

Nanoco Group plc (LSE: NANO), a world leader in the development and
manufacture of cadmium-free quantum dots and other specific nanomaterials
emanating from our technology platform, is pleased to announce that all
resolutions proposed at its AGM were duly passed.

As previously announced, Jalal Bagherli has now been appointed Non-Executive
Chairman of Nanoco Group PLC. Christopher Richards stepped down as
Non-Executive Chairman at the end of the Annual General Meeting.

                         Votes For (i))                                               Votes Against (i))                                           Votes Withheld (ii))
                         Votes       % of total votes cast  % of total voting rights  Votes       % of total votes cast  % of total voting rights  Votes        % of total voting rights
 Ordinary Resolution 1   62,087,248  99.9%                  31.9%                     76,294      0.1%                   0.0%                      105,609      0.1%
 Ordinary Resolution 2   62,019,209  99.8%                  31.9%                     133,268     0.2%                   0.1%                      116,674      0.1%
 Ordinary Resolution 3   62,005,983  99.8%                  31.9%                     140,499     0.2%                   0.1%                      122,669      0.1%
 Ordinary Resolution 4   61,829,333  99.7%                  31.8%                     167,765     0.3%                   0.1%                      272,053      0.1%
 Ordinary Resolution 5   48,301,809  77.8%                  24.8%                     13,760,503  22.2%                  7.1%                      206,839      0.1%
 Ordinary Resolution 6   57,151,338  92.1%                  29.4%                     4,900,914   7.9%                   2.5%                      216,899      0.1%
 Ordinary Resolution 7   57,102,204  92.0%                  29.3%                     4,960,108   8.0%                   2.5%                      206,839      0.1%
 Ordinary Resolution 8   50,859,219  82.0%                  26.1%                     11,182,406  18.0%                  5.7%                      227,526      0.1%
 Ordinary Resolution 9   50,850,433  82.0%                  26.1%                     11,182,962  18.0%                  5.7%                      235,756      0.1%
 Ordinary Resolution 10  61,850,931  99.7%                  31.8%                     172,123     0.3%                   0.1%                      246,097      0.1%
 Ordinary Resolution 11  50,737,248  81.8%                  26.1%                     11,296,303  18.2%                  5.8%                      235,600      0.1%
 Ordinary Resolution 12  50,613,301  81.6%                  26.0%                     11,415,294  18.4%                  5.9%                      240,556      0.1%
 Ordinary Resolution 13  48,038,962  80.7%                  24.7%                     11,495,954  19.3%                  5.9%                      2,734,235    1.4%
 Ordinary Resolution 14  47,975,762  80.6%                  24.7%                     11,531,154  19.4%                  5.9%                      2,780,235    1.4%
 Ordinary Resolution 15  48,105,701  80.8%                  24.7%                     11,449,936  19.2%                  5.9%                      2,713,514    1.4%
 Special Resolution 16   46,054,166  77.4%                  23.7%                     13,419,896  22.6%                  6.9%                      2,795,089    1.4%
 Special Resolution 17   46,054,170  77.4%                  23.7%                     13,424,893  22.6%                  6.9%                      2,790,088    1.4%
 Special Resolution 18   58,395,313  98.4%                  30.1%                     966,402     1.6%                   0.5%                      2,670,493    1.4%
 Special Resolution 19   60,395,313  97.2%                  31.0%                     1,766,999   2.8%                   0.9%                      106,839      0.1%
 Special Resolution 20   48,297,897  81.2%                  24.8%                     11,191,165  18.8%                  5.8%                      2,780,089    1.4%

Full details of each resolution were set out in the Notice of Annual General
Meeting which is available on the Company's website at
www.nanocotechnologies.com (http://www.nanocotechnologies.com) . In accordance
with Listing Rule 9.6.2, copies of all the resolutions passed as special
business at the Annual General Meeting have been submitted to the National
Storage Mechanism and will shortly be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Notes to Result of AGM

The Board would like to thank shareholders for their engagement and support
ahead of the AGM and throughout the year. While the majority of the
Resolutions were passed with significant majorities in favour, the Board notes
that Resolutions 5, 16 and 17 passed with a majority of less than 80.0%.

The Board notes that the majority of votes against the above resolutions were
received on behalf of one investor, representing c.5.7% of the Company's
issued share capital. Due to votes only being received on behalf of 32.0% of
the Company's issued share capital, this 5.7% shareholder represented 17.7% of
votes cast.

In accordance with provision 4 of the UK Corporate Governance Code (the
"Code"), the Board confirms that it will consult and engage with the relevant
shareholders to understand and discuss their views with respect to these
Resolutions. An update will be provided within six months of the AGM, in
accordance with the Code.

(i)) The issued share capital of Nanoco Group PLC on 31 December 2024 was
194,608,038 ordinary shares with voting rights.

(ii)) A "vote withheld" is not a vote in law and is not counted in the
calculation of the percentages of the votes cast "For" and "Against" a
resolution.

 

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  RAGZFLFLEFLFBBD