REG - Saietta Group PLC - Result of Meeting

SaiettaAnnouncement

17/11/2023 18:15

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RNS Number : 8953T  Saietta Group PLC  17 November 2023

 

Friday 17 November 2023

Saietta Group Plc

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

 

Results of General Meeting

 

Saietta Group plc (AIM: SED), the electric vehicle drivetrain ("eDrive")
specialist, announces the results of voting at its General Meeting, held today
at 11.00 am at the offices of Fieldfisher LLP, Riverbank House, 2 Swan Lane,
London EC4R 3TT to consider resolutions to receive the report and accounts for
the financial period ended 31 March 2023 and the reappointment of the
Company's auditors.

 

All resolutions were duly passed on a show of hands. The full text of each
resolution was included in the Company's Notice of General Meeting posted to
shareholders on 24 October 2023.

 

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

 

 Resolution  For         Against  Discretion to Chairman  Withheld   Total
 01          61,195,098  593,786  Nil                     1,229,329  63,018,213
 02          62,182,929  279,940  Nil                     555,344    63,018,213
 03          62,731,573  274,774  Nil                     11,866     63,018,213

 Total Voting Rights: 102,917,675

 

 

-Ends-

 

For any further enquiries, please contact:

 

 Saietta Group                              contact@saietta.com

 Tony Gott, Executive Chair

 David Woolley, Chief Executive Officer

 Canaccord Genuity (Nomad and Broker)       0207 523 8000

 Henry Fitzgerald-O'Connor / Harry Pardoe

 

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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