REG - Saietta Group PLC - Result of AGM

SaiettaAnnouncement

27/09/2023 07:00

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RNS Number : 7520N  Saietta Group PLC  27 September 2023

 

 

Wednesday 27 September 2023

Saietta Group Plc

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

 

Results of Annual General Meeting

 

Saietta Group plc (AIM: SED), the electric vehicle drivetrain ("eDrive")
specialist, announces the results of voting at its Annual General Meeting,
held yesterday at 10.00 am at the offices of Fieldfisher LLP, Riverbank House,
2 Swan Lane, London EC4R 3TT.

 

All resolutions were duly passed on a show of hands. The full text of each
resolution was included in the Company's Notice of Annual General Meeting
posted to shareholders on 1 September 2023.

 

A summary of the proxy votes received by the Company are as follows:

 

 Resolution  For         Against  Discretion to Chairman  Withheld  Total
 01          56,247,652  8,331    62,188                  27,281    56,345,452
 02          55,922,718  338,200  62,188                  22,346    56,345,452
 03          55,339,106  921,812  62,188                  22,346    56,345,452

 Total Voting Rights: 102,917,675

 

As noted in its announcement on 25 September 2023, the Company is targeting
release of the annual report and accounts on 29 September and will then
convene a further general meeting of shareholders at which the annual report
and accounts will be laid before members. A further announcement will be made
in due course.

 

-Ends-

 

For any further enquiries, please contact:

 

 Saietta Group                              via FTI

 Tony Gott, Executive Chair

 Steven Harrison, Chief Financial Officer
 Canaccord Genuity (Nomad and Broker)       0207 523 8000

 Henry Fitzgerald-O'Connor / Harry Pardoe
 FTI Consulting (Financial PR advisor)      Tel: +44 (0) 20 3727 1000

 Ben Brewerton / Dhruv Soni                 saietta@fticonsulting.com

 

About Saietta Group plc

Listed on the London Stock Exchange's AIM, Saietta is a global business that
designs, develops and manufactures complete electric drivetrain (eDrive)
solutions for established manufacturers of a broad range of electric
vehicles.

 

Saietta's breakthrough proprietary technologies include AFT (Axial Flux
Technology) and RFT (Radial Flux Technology) motors, power electronics,
powertrain controls, mechanical axles, transmissions and vehicle control
units. Considerable flexibility is built into the core design, meaning
solutions can be quickly and cost effectively tailored to a specific
application.

 

Saietta works in a highly collaborative way with clients, driven by the belief
that partnership is key to delivering world-class tailored solutions at pace.
Saietta's engineering team takes time to deeply understand a client's brand,
target market sector, competition and the services they require. Then Saietta
develops a bespoke suite of products and services to fast-track the client to
production with eDrive solutions which deliver a sustainable competitive
advantage.

 

 

 

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