TIDMVEL

RNS Number : 0924Q

Velocity Composites PLC

23 February 2021

23 February 2021

VELOCITY COMPOSITES PLC

("Velocity" or the "Company")

Results of Annual General Meeting

Velocity Composites plc (AIM: VEL.L), the leading supplier of advanced composite material kits to the aerospace market, announces that the resolutions put to Shareholders at the Annual General Meeting of the Company held earlier today were duly passed.

The proxy votes cast prior to the Annual General Meeting were as follows:

 
 Resolutions      For          %      Against     %     Withheld 
      1        19,102,496   100.00%      0      0.00%       0 
              -----------  --------  --------  ------  ---------- 
      2        18,924,244   99.64%    68,252    0.36%    110,000 
              -----------  --------  --------  ------  ---------- 
      3        19,059,708   100.00%      0      0.00%    42,788 
              -----------  --------  --------  ------  ---------- 
      4        19,059,708   100.00%      0      0.00%    42,788 
              -----------  --------  --------  ------  ---------- 
      5        19,059,708   99.78%    42,788    0.22%       0 
              -----------  --------  --------  ------  ---------- 
      6        19,059,708   100.00%      0      0.00%    42,788 
              -----------  --------  --------  ------  ---------- 
      7        19,059,708   100.00%      0      0.00%    42,788 
              -----------  --------  --------  ------  ---------- 
      8        19,059,708   99.78%    42,788    0.22%       0 
              -----------  --------  --------  ------  ---------- 
      9        19,034,244   99.65%    66,106    0.35%     2,146 
              -----------  --------  --------  ------  ---------- 
     10        19,086,359   99.92%    16,137    0.08%       0 
              -----------  --------  --------  ------  ---------- 
     11        17,530,991   100.00%      0      0.00%   1,571,505 
              -----------  --------  --------  ------  ---------- 
 

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.

Enquiries:

 
 Velocity Composites plc 
  Andy Beaden, Chairman 
  Jon Bridges, Chief Executive Officer 
  Chris Williams, Finance Director         +44 (0)1282 577577 
 Cenkos Securities 
  (Nominated Adviser and Broker) 
  Russell Cook 
  Ben Jeynes                              +44 (0)20 7397 8900 
 

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February 23, 2021 11:14 ET (16:14 GMT)