REG - Velocys PLC - Result of AGM <Origin Href="QuoteRef">VLSV.L</Origin>
RNS Number : 1878BVelocys PLC14 June 2016News release
Velocys plc
("Velocys" or "the Company")
14 June 2016
Results of Annual General Meeting
Velocys plc (VLS.L), the company at the forefront of smaller scale gas-to-liquids (GTL), announces the results of its Annual General Meeting held earlier today.
All resolutions put to shareholders were duly passed, with the exception of special resolution 17 (amendment to Article 92 of the Articles). Details of the results of the voting (voted by way of a poll) including the proxy votes lodged with the Company's registrars are as follows:
Votes
Resolution
For
% For
Against
% Against
Withheld
Total
1
102,519,705
93.23
7,442,091
6.77
0
109,961,796
2
79,753,720
100.00
70
0.00
30,208,006
109,961,796
3
79,753,720
100.00
70
0.00
30,208,006
109,961,796
4
109,959,463
100.00
70
0.00
2,263
109,961,796
5
108,381,187
98.56
1,578,346
1.44
2,263
109,961,796
6
109,959,463
100.00
70
0.00
2,263
109,961,796
7
79,753,720
100.00
70
0.00
30,208,006
109,961,796
8
78,175,444
98.02
1,578,346
1.98
30,208,006
109,961,796
9
78,175,444
98.02
1,578,346
1.98
30,208,006
109,961,796
10
79,753,720
100.00
70
0.00
30,208,006
109,961,796
11
109,232,526
100.00
70
0.00
729,200
109,961,796
12
109,961,626
100.00
70
0.00
100
109,961,796
13
109,958,132
100.00
569
0.00
3,095
109,961,796
14
106,263,036
96.64
3,698,065
3.36
695
109,961,796
15
79,023,788
99.09
729,170
0.91
30,208,838
109,961,796
16
78,945,626
100.00
3,128
0.00
31,013,042
109,961,796
17
79,750,226
72.53
30,206,707
27.47
4,863
109,961,796
- Ends -
For further information, please contact:
Velocys
David Pummell, CEO
Susan Robertson, CFO
+44 1235 841 700
Numis Securities (Nomad and Broker)
Alex Ham - Corporate Broking
Stuart Skinner / Jamie Lillywhite - Nominated Adviser
+44 20 7260 1000
Camarco (financial communications & PR)
Billy Clegg / Georgia Mann
+44 20 3757 4983
Notes to editors
About Velocys
Velocys is the company at the forefront of smaller scale gas-to-liquids (GTL) that turns natural gas or biomass into premium products such as diesel, jet fuel, waxes and base oils. Smaller scale GTL adds value to shale gas and bio-waste, and makes stranded or flared gas economic - an untapped market of up to 25 million barrels per day.
Velocys technology, protected by several hundred patents in over 30 countries, is specifically designed for smaller scales, combining super-active catalysts with intensified reactor systems. The Company's standardised modular plants are easier to ship and faster to install, at lower risk, even in the most remote or challenging locations. Together with world-class partners, Velocys works flexibly to unlock gas resources of 15,000 to 150,000 mmbtu per day, allowing more companies to take advantage of more opportunities.
Velocys plc is listed on the AIM market of the London Stock Exchange (LSE: VLS). The Company is well capitalised and has a multi-disciplinary staff of around 100 operating from its commercial centre in Houston, Texas, USA and technical facilities near Oxford, UK and Columbus, Ohio, USA. Its commercial reference plant, which will be located adjacent to Waste Management's East Oak landfill site, is expected to reach mechanical completion in mid-year 2016.
Think Smaller. Velocys is changing the way fuels are made.
This information is provided by RNSThe company news service from the London Stock ExchangeENDRAGLLFVERVISLIR
Recent news on Velocys
See all newsREG - Velocys PLC - Cancellation of admission to trading
AnnouncementREG - AIM Velocys PLC - Cancellation - Velocys Plc
AnnouncementREG - Takeover Panel - Disclosure Table
AnnouncementREG - Takeover Panel - Disclosure Table
AnnouncementREG - Velocys PLC - Scheme of Arrangement becomes Effective
Announcement