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RNS Number : 0545F
Pressure Technologies PLC
05 March 2020
 

 

5 March 2020

 

 Pressure Technologies plc

("Pressure Technologies")

 

Result of AGM

 

At the Annual General Meeting of Pressure Technologies (AIM: PRES), held yesterday at 16.15 hours, all the resolutions proposed were duly passed. Details of the proxy voting are given below.

 

Result of proxy votes

 

Resolution

Votes

For

Votes Against

Votes Withheld

1. To approve the annual report and accounts

10,068,345

2,000

0

2. To approve the annual report on Directors' remuneration

9,484,545

573,300

12,500

3. To confirm the appointment of Sir Roy Gardner as a Director

9,964,345

2,000

104,000

4. To confirm the appointment of Tim Cooper as a Director

9,964,345

2,000

104,000

5. To reappoint the auditors

9,960,220

7,000

103,125

6. To authorise the Directors to determine the auditor's remuneration

10,067,345

3,000

0

7. To authorise the allotment of shares

9,512,095

558,250

0

8. To authorise the Company to purchase its own shares

9,928,306

135,039

7,000

9. To waive pre-emption rights

9,353,906

709,439

7,000

 

Notes

1. Any proxy appointments, which gave discretion to the Chairman have been included in the 'for' votes total.

2. At the date of the notice of the AGM the total number of shares in issue was 18,595,165.

 

For further information, please contact:

 

Pressure Technologies plc

 

Chris Walters, Chief Executive

Tel: 0114 257 3616

Joanna Allen, Chief Financial Officer

pressuretech@investor-focus.co.uk

 

N+1 Singer (Nomad and Broker)

 

Tel: 0207 496 3000

Mark Taylor / Lauren Kettle

 

 

IFC Advisory Ltd (Financial PR and IR)

Tel: 0203 934 6630

Graham Herring / Tim Metcalfe / Zach Cohen

 

COMPANY DESCRIPTION

 

Company description - www.pressuretechnologies.com

With its head office in Sheffield, the Pressure Technologies Group was founded on its leading market position as a designer and manufacturer of high-integrity, safety-critical components and systems serving global supply chains in oil and gas, defence, industrial gases and hydrogen energy markets.

 

The Group has two divisions, Precision Machined Components and Chesterfield Special Cylinders.

 

Precision Machined Components (PMC) - www.pt-pmc.com

●     Precision Machined Components includes the Al-Met, Roota Engineering, Quadscot and Martract brands.

 

Chesterfield Special Cylinders (CSC) - www.chesterfieldcylinders.com 

●     Chesterfield Special Cylinders, Sheffield, includes CSC Deutschland Gmbh, which is based in Dorsten, Germany.

 

 

 


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