REG - Strix Group PLC - Result of AGM

StrixAnnouncement

26/05/2022 15:00

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RNS Number : 9739M  Strix Group PLC  26 May 2022

26 May 2022

Strix Group Plc

("Strix" or the "Group")

Result of Annual General Meeting

Strix Group Plc (AIM:KETL), the AIM quoted global leader in the design,
manufacture and supply of kettle safety controls and other complementary water
temperature management components, announces that all resolutions were passed
via poll at the Annual General Meeting held on 26 May 2022.

 

A summary of the votes is presented below:

 

 AGM resolutions                                           For          %       Against     %     Withheld

 Ordinary resolutions
 Resolution 1                                              135,464,412  100.00  -           -     82,176
 Annual Report and accounts
 Resolution 2                                              123,687,029  91.26   11,850,592  8.74  8,967
 Annual Report on Directors' remuneration
 Resolution 3                                              135,546,588  100.00  -           -     -
 Final dividend
 Resolution 4                                              132,299,012  97.61   3,240,464   2.39  6,671
 Proposal to re-elect Raudres Wong (retiring by rotation)
 Resolution 5                                              134,707,666  99.39   832,080     0.61  6,842
 Appointment of auditors
 Resolution 6                                              134,572,343  99.28   971,597     0.72  2,648
 Remuneration of auditors
 Resolution 7                                              132,645,811  98.38   2,185,500   1.62  715,277
 Power of Directors to allot shares

 Special resolutions
 Resolution 8                                              135,432,976  99.92   113,312     0.08  300
 Disapplication of pre-emption rights
 Resolution 9                                              130,005,677  95.91   5,540,611   4.09  300
 Disapplication of pre-emption rights
 Resolution 10                                             109,140,262  99.30   764,195     0.70  25,642,131
 Purchase of own shares

 

 

 

 

 

Statement regarding voting result

We are pleased to have received the support of our shareholders for all of the
resolutions proposed at the AGM, and we are satisfied with the level of
support for each resolution. We are also pleased with the percent of shares
voted on. We will continue to monitor the level of support for each resolution
in the future, and where needed we will discuss with shareholders and proxy
advisors to understand any concerns.

 

 

Further enquiries, please contact:

 Strix Group Plc                                                    +44 (0) 1624 829829

 Mark Bartlett, CEO

 Raudres Wong, CFO

 Zeus (Nominated Adviser and Joint Broker)                          +44 (0) 20 3829 5000

 Nick Cowles / Jamie Peel / Jordan Warburton (Investment Banking)

 Stifel Nicolaus Europe Limited (Joint Broker)                       +44 (0) 20 7710 7600
 Matthew Blawat / Francis North

 IFC Advisory Limited (Financial PR and IR)                         +44 (0) 20 3934 6630
 Graham Herring / Tim Metcalfe / Florence Chandler

 

ABOUT STRIX GROUP PLC

Isle of Man based Strix, is a global leader in the design, manufacture and
supply of kettle safety controls and other components and devices involving
water heating and temperature control, steam management and water filtration.

 

Strix's core product range comprises a variety of safety controls for small
domestic appliances, primarily kettles. Kettle safety controls require
precision engineering and intricate knowledge of material properties in order
to repeatedly function correctly. Strix has built up market leading capability
and know-how in this field since being founded in 1982.

 

Strix is admitted to trading on the AIM Market of the London Stock Exchange
(AIM: KETL).

 

 

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