Original
RNS Number : 3571R
Ceres Power Holdings plc
08 December 2016
 

8 December 2016

This announcement contains inside information

Ceres Power Holdings PLC

("Ceres Power" or the "Company")

Result of the Annual General Meeting

Ceres Power Holdings plc (AIM: CWR), is pleased to announce that at the Annual General Meeting of shareholders held earlier today, on 8 December 2016, at Viking House, Foundry Lane, Horsham, RH13 5PX, all resolutions were duly passed.

The results of the poll on the resolutions put at the Annual General Meeting were as follows:


For/ discretionary (number/%)

Against (number/%)

Votes withheld (number)

Total votes cast exc. withheld (number)

% of issued
share capital represented by the votes cast

Ordinary Resolutions






1.   To receive and consider the accounts of the Company for the financial year ended 30 June 2016, together with the reports of the Directors of the Company and auditors of the Company on those accounts.

783,342,810

99.19%

6,388,363

0.81%

2,895

789,731,173

78.34%

2.   To re-appoint KPMG LLP as auditors of the Company and to authorise the Board, through the Audit Committee, to fix their remuneration.

783,331,253

99.19%

6,401,103

0.81%

1,712

789,732,356

78.34%

3.   To re-elect Mr Steven Callaghan, who is retiring by rotation, as a Director of the Company.

765,833,129

96.98%

23,839,009

3.02%

61,930

789,672,138

78.34%

4.   To re-elect Dr Robert Trezona, who is retiring by rotation, as a Director of the Company.

759,445,548

96.17%

30,225,561

3.83%

61,930

789,671,109

78.34%

5.   To re-elect Dr Mark Selby, who is retiring by rotation, as a Director of the Company.

789,662,711

100.00%

9,427

0.00%

61,930

789,672,138

78.34%

6.   To authorise the Directors to allot certain shares pursuant to section 551 of the Companies Act 2006.

789,619,790

99.99%

104,328

0.01%

9,950

789,724,118

78.34%

Special Resolution






7.   To authorise the Directors to allot shares without the application of statutory pre-emption rights in certain instances pursuant to sections 570 and 573 of the Companies Act 2006.

778,582,641

99.17%

6,510,623

0.83%

4,640,804

785,093,264

77.88%



For further information please contact:

Ceres Power Holdings plc                              

Phil Caldwell, Chief Executive Officer

Richard Preston, Chief Financial Officer

 

Tel. +44 (0)1403 273 463

Zeus Capital Limited (Nominated Adviser and Broker)

Phil Walker/Andrew Jones/Hugh Kingsmill Moore

 

Tel: +44 (0)20 3829 5000

Tavistock

Mike Bartlett/James Collins

Tel: +44 (0) 20 7920 3150

 Notes to editors:

About Ceres Power

Ceres Power (http://www.cerespower.com/) is a world leader in low cost, next generation fuel cell technology for use in distributed power products that reduce operating costs, lower CO2, SOx and NOx emissions, increase efficiency and improve energy security. The Ceres Power unique patented Steel Cell technology generates power from widely available fuels at high efficiency and is manufactured using standard processing equipment and conventional materials such as steel, meaning that it can be mass produced at an affordable price for domestic and business use.

Ceres Power offers its partners the opportunity to develop power systems and products using its unique Steel Cell technology and know-how, combined with the opportunity to supply the Steel Cell in volume through its manufacturing partners.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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