TIDMXSG
RNS Number : 3853A
Xeros Technology Group plc
23 May 2023
23 May 2023
Xeros Technology Group plc
("Xeros", the "Group" or the "Company")
Result of AGM
Xeros Technology Group plc (AIM: XSG), the creator of
technologies that reduce the impact of clothing on the planet,
announces the results of voting on the resolutions at its Annual
General Meeting ("AGM") held earlier today.
A poll was held on each of the resolutions and all the
resolutions were duly passed by the required majority. Resolutions
1 to 6 were passed as ordinary resolutions, and resolutions 7 to 9
were passed as special resolutions.
The results of the poll were as follows:
Ordinary Votes % Votes % Total % Votes
Resolutions for against votes of withheld
instructed issued
share
capital
voted
To receive
the Company's
financial
statements 47,385,517 100.00 1,460 0.00 47,386,977 31.39 2,400,157
------------ -------- ---------- ------ ------------ --------- ----------
To elect
Neil Austin
as a Director 49,786,871 100.00 263 0.00 49,787,134 32.98 0
------------ -------- ---------- ------ ------------ --------- ----------
To re-elect
David Armfield
as a Director 49,786,379 100.00 755 0.00 49,787,134 32.98 0
------------ -------- ---------- ------ ------------ --------- ----------
To re-elect
Grant Thornton
UK LLP as
Auditor 49,786,371 100.00 559 0.00 49,786,930 32.98 204
----------------------- ------------ -------- ---------- ------ ------------ --------- ----------
To authorise
the Directors
to determine
auditor remuneration 49,786,879 100.00 51 0.00 49,786,930 32.98 204
----------------------- ------------ -------- ---------- ------ ------------ --------- ----------
To authorise
the Directors
to allot
shares 43,237,740 86.85 6,549,190 13.15 49,786,930 32.98 204
----------------------- ------------ -------- ---------- ------ ------------ --------- ----------
Special
Resolutions
----------------------- ------------ -------- ---------- ------ ------------ --------- ----------
General authority
to disapply
pre-emption
rights 43,235,699 86.85 6,549,190 13.15 49,784,889 32.97 2,245
----------------------- ------------ -------- ---------- ------ ------------ --------- ----------
Disapplication
of pre-emption
rights in
connection
with an acquisition
or specified
capital investment 43,236,199 86.85 6,548,690 13.15 49,784,889 32.97 2,245
----------------------- ------------ -------- ---------- ------ ------------ --------- ----------
To authorise
the Company
to purchase
its own shares 43,235,758 86.84 6,551,172 13.16 49,786,930 32.98 204
------------ -------- ---------- ------ ------------ --------- ----------
1. Each shareholder present in person, or by proxy, was entitled to one vote per share held.
2. Proxy votes which gave discretion to the Chair of the Annual
General Meeting have been included in the 'For' total of the
appropriate resolution.
3. A 'Vote Withheld' is not a vote in law and is not counted in
the calculation of the proportion of the votes 'For' and 'Against'
any resolution nor in the calculation of the proportion of 'Total
Votes Instructed' for any resolution.
4. Votes 'For' and 'Against' any resolution are expressed as a
percentage of votes validly cast for that resolution.
5. At the close of business on 22 May 2023 the total number of
ordinary shares in issue was 150,982,917 and at that time, the
Company did not hold any shares in treasury.
The full text of the resolutions is available for inspection on
the Company's website https://www.xerostech.com
- Ends -
Enquiries:
Xeros Technology Group plc Tel: 0114 321 6328
Neil Austin, Chief Executive Officer
Alex Tristram, Director of Finance
FinnCap Limited (Nominated Adviser and Broker) Tel: 020 7220 0570
Julian Blunt/Teddy Whiley, Corporate Finance
Andrew Burdis/Sunila de Silva, ECM
Yellow Jersey PR Tel: 020 3004 9512
Sarah Hollins/Annabelle Wills/Jazmine Clemens
Notes to Editors
POWERED BY SCIENCE, XEROS CREATE TECHNOLOGIES ENGINEERED FOR THE
FUTURE
Born out of textile research and advancing new standards of
performance and responsibility, Xeros' technologies revolutionise
the way we make and clean our clothes, conserving water and
preventing waste. Designed to impact industries and people on a
global scale, Xeros transforms the performance, impact and
economics of the fashion and washing machine industry.
Xeros enables the scaling of its innovations and impact by
licencing its intellectual property to partners across the globe.
Their work has, to date, created 38 patent families.
Xeros' technologies are already in use in major global
industries, including commercial and home laundry and garment
manufacture. So far, these technologies have saved millions of
litres of water and could prevent billions of microfibres from
ending in our oceans.
TO THE POWER OF CHANGE
xerostech.com
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END
RAGUOSUROKUVUAR
(END) Dow Jones Newswires
May 23, 2023 08:50 ET (12:50 GMT)
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