REG - Zotefoams PLC - Result of the 2023 Annual General Meeting

ZotefoamsAnnouncement

24/05/2023 11:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230524:nRSX5263Aa&default-theme=true

RNS Number : 5263A  Zotefoams PLC  24 May 2023

Zotefoams plc

('the Company')

 

Result of the 2023 Annual General Meeting

 

24 May 2023 - The Company announces that at its Annual General Meeting held on
24 May 2023 at its offices at 675 Mitcham Road, Croydon CR9 3AL, all of the
resolutions tabled at the meeting were passed on a poll vote. Resolutions 1 to
14 inclusive were passed as ordinary resolutions and resolutions 15 to 18
inclusive were passed as special resolutions.

 

The total number of ordinary shares in issue in relation to the AGM is
48,621,234. Votes were cast by shareholders in respect of 32,370,244 ordinary
shares amounting to 66.6% of the issued share capital.

 

The votes cast* were recorded as follows:

 

 Resolution                                                                               For         % of votes cast  Against    % of votes cast  Votes Withheld
 1.      To receive the Annual Report of the Company for the year ended 31 December       32,370,244  100.00           0          0                0
         2022
 2.      To approve the new Directors' Remuneration Policy set out on                     30,838,381  95.27            1,530,762  4.73             1,101

         pages 91 to 99 of the Annual Report.
 3.      To approve the Annual Statement by the Chair of the Remuneration Committee and   31,455,356  97.18            913,788    2.82             1,100
         the Annual Report on Remuneration for the year ended 31 December 2022 set out

         on pages 88 to 109 of the Annual Report.
 4.      To declare a final dividend for the year ended 31 December 2022 of 4.62 pence    32,370,244  100.00           0          0.00             0
         per ordinary share, such dividend to be payable on 2 June 2023 to shareholders

         on the register of members of the Company at the close of business on 5 May
         2023.
 5.      To elect L Drummond as a Director.                                               32,243,778  99.61            126,466    0.39             0
 6.      To re-elect D B Stirling as a Director.                                          32,354,594  99.95            15,650     0.05             0
 7.      To re-elect G C McGrath as a Director.                                           32,354,594  99.95            15,650     0.05             0
 8.      To re-elect J D Carling as a Director.                                           32,079,199  99.10            291,045    0.90             0
 9.      To re-elect A M Fielding as a Director.                                          32,088,383  99.13            281,861    0.87             0
 10.     To re-elect D G Robertson as a Director.                                         32,006,676  98.88            363,568    1.12             0
 11.     To re-elect C A Wall as a Director.                                              32,088,383  99.13            281,861    0.87             0
 12.     To re-appoint PKF Littlejohn LLP as Auditor of the Company.                      32,236,167  99.96            13,944     0.04             120,133
 13.     To authorise the Audit Committee to determine the Auditor's remuneration.        32,356,300  100.00           194        0.00             13,750
 14.     To authorise the Directors to allot shares.                                      32,227,473  99.60            129,021    0.40             13,750
 15.     To authorise the Directors to allot equity securities for cash.                  32,231,158  99.61            125,336    0.39             13,750

 16.     To authorise the Directors, in addition to resolution 15, to allot further       32,231,158  99.61            125,336    0.39             13,750
         equity securities for financing (and refinancing) purposes only.

 17.     To authorise market purchases of shares.                                         32,356,235  100.00           259        0.00             13,750

 18.     That a general meeting other than an annual general meeting may be called on     31,597,408  97.62            771,736    2.38             1,100
         not less than 14 clear days' notice.

 

*  Total votes cast excludes votes withheld as a vote withheld is not a vote
in law.

 

Further details of the resolutions (including the text of the resolutions) are
given in the Notice of the 2023 Annual General Meeting, which is on page 167
of the 2022 Annual Report and which is also available on the Company's
website.

 

Pursuant to Listing Rule 9.6, the Company also confirms that a copy of all
relevant resolutions passed at its AGM will shortly be made available for
public inspection via the National Storage Mechanism.

 

Lydia Harratt

Group Company Secretary

Zotefoams plc

020 8664 1600

 

 

About Zotefoams plc

Zotefoams plc (LSE - ZTF) is a world leader in cellular materials technology
delivering optimal material solutions for the benefit of society. Utilising a
variety of unique manufacturing processes, including environmentally friendly
nitrogen expansion for lightweight AZOTE(®) polyolefin and ZOTEK(®)
high-performance foams, Zotefoams sells to diverse markets worldwide.
Zotefoams uses its own cellular materials to manufacture T-FIT(®) advanced
insulation for demanding industrial markets. Zotefoams also owns and licenses
patented microcellular foam technology to reduce plastic use in extrusion
applications and for ReZorce(®) mono-material recyclable barrier packaging.

Zotefoams is headquartered in Croydon, UK, with additional manufacturing sites
in Kentucky, USA and Brzeg, Poland (foam manufacture), Oklahoma, USA (foam
products manufacture and conversion), Massachusetts, USA and Stilling, Denmark
(microcellular foam technology) and Jiangsu Province, China (T-FIT).

www.zotefoams.com (http://www.zotefoams.com)

AZOTE(®), ZOTEK(®), ReZorce(®) and T-FIT(®) are registered trademarks of
Zotefoams plc.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RAGFLFVIETISFIV