REG - SIMEC AtlantisEnergy - AGM Statement

SIMEC Atlantis EnergyAnnouncement

18/07/2024 17:45

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RNS Number : 0114X  SIMEC Atlantis Energy Limited  18 July 2024

SIMEC Atlantis Energy Limited

("SAE Renewables", "SAE" or the "Company")

 

18 July 2024

Result of AGM

 

SAE announces that at the Annual General Meeting of the Company held today,
all resolutions put to shareholders were duly passed, with the exception of
special resolution 8 which was not passed.

 

All resolutions were decided on a poll. The Company will engage with the
largest of those shareholders that voted against Resolution 8 to understand
their reasoning.

 

The results of the votes are set out below:

                                                                                 FOR*                          AGAINST
 RESOLUTIONS                                                                     Votes        % of votes cast  Votes        % of votes cast  Withheld**
 Ordinary Resolution 1                                                           270,827,984  100.00%          0             0.00%           1,000

 To receive the financial statements for the year ended 31 December 2023
 together with Directors' Reports and the Auditors' Report
 Ordinary Resolution 2                                                           235,459,318  87.14%           34,737,149    12.86%          632,517
 To approve the Remuneration Report and Directors' fee
 Ordinary Resolution 3                                                           270,459,743  99.89%           300,000       0.11%           69,241

 To reappoint Nexia Singapore PAC as audit
 Ordinary Resolution 4                                                           270,525,984  99.89%           300,000       0.11%           3,000
 To set the remuneration of the auditors
 Ordinary Resolution 5                                                           235,541,570  87.15%           34,721,138    12.85%          566,276
 To re-elect John Anthony Clifford Woodley as a director of the Company
 Ordinary Resolution 6                                                           269,962,008  99.89%           300,700       0.11%           566,276

 To re-elect Simon Matthew Hirst as a director of the Company
 Special Resolution 7                                                            257,343,705  95.23%           12,896,916    4.77%           588,363

 To authorise the directors to allot and issue equity securities
 Special Resolution 8                                                            7,839,111    2.90%            262,319,356   97.10%          670,517

 To authorise the directors to dis-apply pre-emption rights, as set out in the
 notice of meeting
 Special Resolution 9                                                            240,470,246  88.98%           29,770,375   11.02%           588,363

 To authorise the directors to grant options and awards under the Company's
 Share Plans
 Special Resolution 10                                                           253,901,589  93.76%           16,904,308   6.24%            23,087

 To authorise the directors to make market purchases of own shares

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

 ** A "vote withheld" is not a vote in law and is not counted in the
 calculation of the proportion of the votes for and against the resolution.

 

As the date of the Annual General Meeting the Company had in issue 722,812,335
ordinary shares.

 

-ENDS-

 

For further information, please contact:

 

 SAE Renewables                                           +44 (0)7739 832 446

 Sean Parsons, Director of External Affair

 Strand Hanson Limited (Nominated and Financial Adviser)  +44 (0)20 7409 3494

 Richard Johnson

 Rory Murphy

 David Asquith

 Zeus Capital Limited (Broker)                            +44 (0)20 3829 5000

 Louisa Waddell

 Simon Johnson

 

Notes to Editors

SAE Renewables is a global developer, owner and operator of sustainable energy
projects. SAE owns the world's flagship tidal stream project, MeyGen. SAE is
also the owner of the Uskmouth Power Station site that is being repurposed
into a sustainable energy park, initially housing one of the UK's largest
battery energy storage projects. https://www.saerenewables.com/
(https://www.saerenewables.com/)

 

 

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