REG - Windar Photonics PLC - Results of AGM

Windar PhotonicsAnnouncement

11/07/2023 17:00

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RNS Number : 6973F  Windar Photonics PLC  11 July 2023

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
THE UK VERSION OF REGULATION (EU) NO 596/2014 WHICH IS PART OF UK LAW BY
VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. UPON THE
PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS
INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

Windar Photonics plc

 

("Windar" or the "Company")

 

The Annual General Meeting ('AGM') of Windar Photonics plc (AIM:WPHO), the
technology group that has developed a cost efficient and innovative LiDAR wind
sensor for use on electricity generating wind turbines, was held today.

 

All 7 resolutions put to members were passed on a poll.  Resolutions 1 to 6
were passed as ordinary resolutions and resolution 7 were passed as a special
resolution.

 

The number of votes cast for and against each of the resolutions proposed, and
the number of votes withheld were as follows:

 

  Resolution                                                                      Votes for  %     Votes against  %     Votes withheld
 Resolution 1 (Ordinary)                                                          7,208,312  100   0              0.00  0

 To receive and adopt the Company's annual accounts for the financial year
 ended 31 December 2022 together with the Directors' report and the auditors'
 report on those accounts.
 Resolution 2 (Ordinary)                                                          7,208,312  100   0              0.00  0

 To re-elect P J Hodges, who retires by rotation pursuant to the articles of
 association of the Company and who, being eligible, offers himself for
 re-election as a Director.
 Resolution 3 (Ordinary)                                                          7,208,312  100   0              0.00  0

 To re-elect A J Richardson, who retires by rotation pursuant to the articles
 of association of the Company and who, being eligible, offers himself for
 re-election as a Director.
 Resolution 4 (Ordinary)                                                          7,208,312  100   0              0.00  0

 To appoint Gravita Audit Limited, as Jeffrey Henry LLP do not seek
 re-appointment, as auditors of the Company to hold office from the conclusion
 of this meeting until the conclusion of the next general meeting at which the
 accounts are laid before the meeting.
 Resolution 5 (Ordinary)                                                          7,208,312  100   0              0.00  0

 To authorise the Directors to fix the remuneration of the auditors.
 Resolution 6 (Ordinary)                                                          7,194,012  99.8  14,300         0.2   0

 That, in substitution for all subsisting authorities to the extent unused, the
 Directors be generally and unconditionally authorised for the purpose of
 section 551 of the Companies Act 2006 to exercise all the powers of the
 Company to allot ordinary shares in the Company and grant rights to subscribe
 for, or to convert any security into such ordinary shares up to an aggregate
 nominal amount of £222,100, with such authorisation to expire upon the
 earlier of the conclusion of the next annual general meeting and 30 June 2024.
 Resolution 7 (Special)                                                           7,047,763  97.7  141,174        2.0   19,375

 That, subject to the passing of resolution 6 above and in substitution for all
 subsisting authorities to the extent unused, the Directors be generally
 empowered pursuant to sections 570 and 573 of the Companies Act 2006 to allot
 equity securities pursuant to the authority referred to in resolution 5, as if
 section 561(1) CA 2006 did not apply to any such allotment, provided that the
 power was:

 1.     limited to the allotment of equity securities in connection with an
 offer of equity securities:

 2.     limited to the allotment of equity securities up to an aggregate
 nominal amount of 222,100, and shall expire on the earlier of the conclusion
 of the next annual general meeting and 30 June 2024.

 

As of 26 June 2023, there were 68,361,444 ordinary shares in issue.
 Shareholders are entitled to one vote per share.  Votes withheld are not
votes in law and so have not been included in the calculation of the
proportion of votes for and against a resolution.

 

The full text of each resolution is available in the Notice of Annual General
Meeting, published on the Company's website.

 

 

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR").  Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

 

The person responsible for arranging the release of this announcement on
behalf of the Company is Jørgen Korsgaard Jensen, CEO of the Company.

 

For further information, please visit www.investor.windarphotonics.com or
contact:

 

 Windar Photonics plc
 Jørgen Korsgaard Jensen, CEO                    Tel:  +45 24234930

 WH Ireland Limited (Nomad & Broker)
 Chris Fielding / James Bavister / Isaac Hooper  Tel:  +44 20 7220 1666

 

Notes to Editors:

 

Windar Photonics is a technology group that develops cost-efficient and
innovative Light Detection and Ranging ("LiDAR") optimisation systems for use
on electricity generating wind turbines. LiDAR wind sensors in general are
designed to remotely measure wind speed and direction.

 

 

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