23 June 2021
Directa Plus plc
("Directa Plus" or the "Company")
Results of Annual General Meeting
At the Company's Annual General Meeting held today (the "Meeting") all the resolutions set out in the Notice of the Meeting were passed by the requisite majority.
Each of the resolutions put to the Meeting were voted on by way of a poll. The results of the poll for each resolution were as follows:
Shares | |||||
Votes | Votes | Marked As | |||
Resolution | % | % | Votes | ||
For | Against | ||||
Withheld / | |||||
Abstentions | |||||
Resolution 1 - To receive the | |||||
Company's annual financial | |||||
statements for the financial | 16,059,527 | 64.30 | 8,918,047 | 35.70 | 2,444,500 |
year ended 31 December | |||||
2020 | |||||
Resolution 2 - To re-elect | |||||
David Gann as a Director of | 22,084,081 | 80.54 | 5,334,333 | 19.46 | 3,660 |
the Company | |||||
Resolution 3 - To re-elect Neil | |||||
Warner as a Director of the | 22,084,081 | 80.54 | 5,334,333 | 19.46 | 3,660 |
Company | |||||
Resolution 4 - To re-appoint | |||||
BDO LLP as the Company's | 27,411,964 | 99.97 | 6,450 | 0.03 | 3,660 |
auditor | |||||
Resolution 5 - To authorise | |||||
the Audit Committee to | |||||
determine the remuneration | 27,417,414 | 99.99 | 1,000 | 0.01 | 3,660 |
of the Auditor | |||||
Resolution 6 - That the | |||||
Company be authorised to | |||||
make market purchases of | 27,421,139 | 99.99 | 935 | 0.01 | 0 |
Ordinary Shares | |||||
The Board notes the significant minority vote against resolution 1 and will engage with shareholders to understand their views and to explain why the Board considered the resolution to be in the best interests of the Company and its shareholders. In accordance with the QCA Corporate Governance
Code, to which the Company adheres, any action proposed by the Board following such engagement will be included in the Corporate Governance section of the Company's website.
NOTES:
- Proxy appointments which gave discretion to the Chairman of the Meeting have been included in the "For" total for the appropriate resolution.
- Votes "For" and "Against" any resolution are expressed as a percentage (rounded to two decimal places) of votes validly cast for that resolution.
- A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution.
- The full text of the resolutions passed at the Meeting can be found in the Notice of Meeting which is available on the Company's website at: http://www.directa-plus.com/
For further information please visit http://www.directa-plus.com/or contact:
Directa Plus plc | +39 | 02 36714458 |
Giulio Cesareo, CEO | ||
Cenkos Securities plc (Nominated Adviser and Joint Broker) | +44 | 131 220 6939 |
Neil McDonald / Pete Lynch | ||
N+1 Singer (Joint Broker) | +44 | 20 7496 3069 |
Rick Thompson / Phil Davies | ||
Tavistock (Financial PR and IR) | +44 | 20 7920 3150 |
Simon Hudson / Heather Armstrong |
About Directa Plus
Our focus is principally on the two sectors in which we have strong commercial advantage through developed and launched products and a technological lead: environmental (based on our Grafysorber® product), textiles (based on our G+® products) and, more recently, lithium-sulphur batteries. In addition, we will continue to pursue opportunities in elastomers and composites (including tyres and asphalt), also using our G+® products. All our products are hypoallergenic, non- toxic and sustainably produced.
-ends-
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Directa Plus plc published this content on 23 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 June 2021 16:38:00 UTC.