REG - Xaar PLC - Result of AGM

XaarAnnouncement

02/06/2020 11:15

RNS Number : 6915O
  
Xaar PLC
  
02 June 2020
  
 

Xaar plc (the "Company")
Result of AGM 
The Company is pleased to announce that, at the Annual General Meeting of the Company held on 2 June 2020, all resolutions put to the meeting were duly passed.
A breakdown of the proxy votes lodged prior to the AGM in respect of the resolutions is summarised below:



 


In favour*


Against


Abstain






















Resolution 1


50,884,579


26,989


1,498




Resolution 2


50,850,302


52,266


10,498




Resolution 3


50,860,700


51,366


1,000




Resolution 4


50,884,579


26,989


1,498




Resolution 5


50,876,979


34,589


1,498




Resolution 6


50,860,479


51,089


1,498




Resolution 7


50,612,715


58,489


241,862




Resolution 8


50,592,544


58,713


261,809




Resolution 9


50,842,578


59,488


11,000




Resolution 10


50,841,578


60,488


11,000




Resolution 11


50,611,214


300,852


1,000




Resolution 12


50,619,215


292,353


1,498




Resolution 13 


50,592,544


299,077


21,445




Resolution 14


50,833,008


58,613


21,445



*Includes discretionary votes
A copy of the Notice of Annual General Meeting as appended to the Annual Report 2019 has been submitted to the National Storage Mechanism and is available for inspection at http://www.morningstar.co.uk/uk/NSM and https://www.xaar.com/media/2246/4716_xaar_ar_2019_hyperlink.pdf
Shareholders will note that Alison Littley was appointed to the Board as a Non-Executive Director with effect from 1 May 2020.  Given that Alison's appointment took place following the finalisation and printing of the notice of today's Annual General Meeting (AGM), the Board was unable to propose a resolution to re-appoint Alison at today's AGM and therefore, in accordance with the Company's articles of association, Alison's appointment lapsed at the end of the meeting.  However, immediately following the AGM, the Board re-appointed Alison and a resolution proposing Alison's re-election will be proposed to shareholders at the Company's 2021 AGM.
Enquiries: 



Xaar plc








Ian Tichias
Chief Finance Officer & Company Secretary


+44 (0) 1223 423 663



 


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