REG - Powerhouse Energy Gp - Result of AGM

Powerhouse EnergyAnnouncement

07/09/2023 16:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230907:nRSG7679La&default-theme=true

RNS Number : 7679L  Powerhouse Energy Group PLC  07 September 2023

Powerhouse Energy Group plc

 

("Powerhouse" or the "Company")

 

7 September 2023

Result of AGM

 

Powerhouse Energy Group plc (AIM: PHE), the UK technology company pioneering
integrated technology that converts non-recyclable waste into low carbon
energy, announces that at the Annual General Meeting of the Company held
today, all resolutions put to shareholders were duly passed. All resolutions
were decided on a poll.

The results of the votes are set out below:

                                                                              FOR*                          AGAINST
 RESOLUTIONS                                                                  Votes        % of votes cast  Votes      % of votes cast  Abstain
 Ordinary Resolution 1                                                        586,797,374  99.86 %          842,976    0.14 %           96,699
 To receive the financial statements for the year ended 31 December 2022
 together with Directors' Reports and the Auditors' Report
 Ordinary Resolution 2                                                        582,660,671  99.42 %          3,389,586  0.58 %           1,686,792
 To approve the Remuneration Report
 Ordinary Resolution 3                                                        584,279,650  99.73 %          1,565,176  0.27%            1,892,223
 To reappoint Jeffreys Henry LLP as audit and authorise the directors to fix
 their remuneration
 Ordinary Resolution 4                                                        584,034,577  99.53%           2,759,937  0.47%            942,535
 To re-elect Hugh McAlister as a director of the Company
 Ordinary Resolution 5                                                        584,055,218  99.49%           2,999,859  0.51%            681,972
 To re-elect Paul Emmitt as a director of the Company
 Ordinary Resolution 6                                                        N/A          N/A              N/A        N/A              N/A

 Withdrawn
 Ordinary Resolution 7                                                        583,931,483  99.56%           2,602,405  0.44             1,203,161

 To elect Antony Gardner-Hillman as a director of the Company

 Ordinary Resolution 8                                                           584,170,933  99.61%  2,288,336   0.39%  1,277,780

 To elect Antony Gale as a director of the Company
 Ordinary Resolution 9                                                           584,170,933  99.60%  2,362,955   0.40%  1,203,161

 To elect David Hitchcock as a director of the Company
 Ordinary Resolution 10                                                          584,956,802  99.74%  1,536,039   0.26%  1,244,208

 To elect Karol Kacprzak as a director of the Company
 Ordinary Resolution 11                                                          576,640,980  98.42%  9,268,180   1.58%  1,827,889

 To authorise the directors to allot and issue equity securities
 Special Resolution 12                                                           548,202,399  93.58%  37,620,942  6.42%  1,913,708

 To authorise the directors to dis-apply pre-emption rights, as set out in the
 notice of meeting
 Special Resolution 13                                                           585,456,565  99.79%  1,233,240   0.21%  1,047,244

 To authorise the Company to make market purchases of its own shares.
 Special Resolution 14                                                           584,337,729  99.63%  2,163,873   0.37%  1,235,447

 To adopt new Articles of Association of the Company.

 *Votes received for the resolutions include votes allowing the Chairman's
 discretion.

 

 

-ENDS-

 

For more information, contact:

 

 Powerhouse Energy Group Plc                       +44 (mailto:powerhouse@tavistock.co.uk) (0) 7733 146326

 Antony Gardner-Hillman

 WH Ireland Limited (Nominated Adviser)            +44 (0) 207 220 1666

 James Joyce

 James Bavister

 Turner Pope Investments (TPI) Ltd (Joint Broker)  +44 (0) 203 657 0050

 Andrew Thacker

 James Pope

 Tavistock (Financial PR)                          powerhouse@tavistock.co.uk

 Simon Hudson

 Nick Elwes

 Heather Armstrong

 

 

About Powerhouse Energy Group plc

 

Powerhouse Energy has developed a proprietary process technology - DMG® -
which can utilise waste plastic, end-of-life-tyres, and other waste streams to
convert them efficiently and economically into syngas from which valuable
products such as chemical precursors, hydrogen, electricity, and other
industrial products may be derived. Powerhouse's technology is one of the
world's first proven, "distributable modular generation", energy from waste
processes.

 

Powerhouse's process produces low levels of safe residues and requires a small
operating footprint, making it suitable for deployment at enterprise and
community level.

 

Powerhouse is quoted on the London Stock Exchange's AIM Market under the
ticker: PHE and is incorporated in England and Wales.

 

For more information see www.powerhouseenergy.co.uk
(http://www.powerhouseenergy.co.uk)

 

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  RAGSSLFIWEDSESU