REG - Titon Holdings PLC - Result of Annual General Meeting

Titon HoldingsAnnouncement

27/03/2024 11:30

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RNS Number : 5346I  Titon Holdings PLC  27 March 2024

 

27 March
2024
      LEI: 13800ZHXS8G27RM1D97

                                     Titon Holdings Plc

                                ("Titon" or "the Company")

Result of Annual General Meeting

 

 

At the Annual General Meeting of the Company held at Titon's premises at
Falconer Road, Haverhill, CB9 7XU at 10am on 26 March 2024, all resolutions
put to the meeting were passed on a poll.

Details of all votes received via poll cards and proxy voting in respect of
each of the resolutions put to the Annual General Meeting are detailed below.

     RESOLUTIONS                                                                     Votes in favour  Percentage in favour  Votes against  Percentage against  Vote withheld
 1   To receive and adopt the reports of the Directors and the Auditors and the      4,399,253        100.0%                -              0.0%                110,000
     audited accounts of the Company for the year ended 30 September 2023.
 2   To declare a final dividend of 0.5 pence per share on the ordinary shares of    4,399,078        100.0%                175            0.0%                110,000
     the Company.
 3   To re-elect Mr Jamie Brooke as a Director of the Company.                       3,101,793        75.2%                 1,024,381      24.8%               110,000
 4   To re-elect Mr Tyson Anderson as a Director of the Company.                     2,479,512        56.4%                 1,919,741      43.6%               110,000
 5   To re-elect Mr Nicholas Charles Howlett as a Director of the Company.           4,370,119        99.4%                 26,834         0.6%                112,300
 6   To re-elect Mr Paul Hooper as a Director of the Company.                        4,399,253        100.0%                -              0.0%                110,000
 7   To re-elect Mr Jeff Ward as a Director of the Company.                          4,370,219        99.4%                 26,734         0.6%                112,300
 8   To re-appoint MHA as Auditors of the Company and to authorise the Directors to  4,397,456        100.0%                1,797          0.0%                110,000
     determine their remuneration.
 9   To receive and adopt the Directors' Remuneration Report for the year ended 30   4,387,452        100.0%                1,997          0.0%                119,804
     September 2023.
 10  To give the Directors authority to allot shares.                                3,836,853        87.2%                 562,400        12.8%               110,000
 11  To give the Directors power to allot share for cash otherwise than in           3,824,076        87.0%                 572,877        13.0%               112,300
     accordance with statutory pre-emption rights.
 12  To give the Directors power to make market purchases of the Company's own       4,391,749        99.8%                 7,504          0.2%                110,000
     shares.

 

Notes:

1  Where shareholders have appointed the Chairman of the meeting as their
proxy, with discretion as to voting, those votes have been cast in favour of
all resolutions.

2   A 'vote withheld' is not counted when deciding whether a resolution is
passed.

3  The total number of Ordinary Shares in issue on 26 March 2024 was
11,248,750.

 

While the Board is pleased that the majority of resolutions were carried with
large majorities, it notes that resolutions 3 and 4 each received more than 20
per cent of votes cast against. The Board is committed to on-going engagement
with shareholders and will consult with those that voted against to understand
their views and feedback.

 

 

For further information please contact:

 

 Titon Holdings Plc

 Jamie Brooke, Non-Executive Chair              Tel: +44 (0)7715 603587

 Carolyn Isom, Chief Financial Officer          Tel: +44 (0)7496 237543

 Shore Capital - Nominated Adviser and Broker   Tel: +44 (0)20 7408 4090

 Daniel Bush

 Tom Knibbs

 

 

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