31 March 2022
Pressure Technologies plc
("Pressure Technologies")
Result of AGM
At the Annual General Meeting of Pressure Technologies (AIM: PRES), held today at 10.00am, 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 |
11,655,075 |
500 |
13,197 |
|
2. To approve the annual report on Directors' remuneration |
11,652,650 |
16,039 |
83 |
|
3. To elect James Locking as a Director |
11,652,844 |
4,731 |
11,197 |
|
4. To re-elect Timothy John Cooper as a Director |
11,654,881 |
2,694 |
11,197 |
|
5. To re-elect Christopher Lee Walters as a Director |
11,651,250 |
3,194 |
14,328 |
|
6. To re-elect Michael Guy Butterworth as a Director |
11,651,250 |
14,308 |
3,214 |
|
7. To re-appoint the auditors of the Company |
11,654,881 |
2,694 |
11,197 |
|
8. To authorise the Directors to determine the auditor's remuneration |
11,655,075 |
13,614 |
83 |
|
9. To authorise the allotment of shares |
11,651,775 |
16,914 |
83 |
|
10. To authorise the Company to purchase its own shares |
11,636,098 |
21,477 |
11,197 |
|
11. To waive pre-emption rights |
11,559,226 |
98,349 |
11,197 |
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 31,067,163.
For further information, please contact:
|
Pressure Technologies plc Chris Walters, Chief Executive James Locking, Chief Financial Officer |
Tel: 0330 015 0710 PressureTechnologies@houston.co.uk |
|
Singer Capital Markets (Nomad and Broker) Mark Taylor / Asha Chotai |
Tel: 0207 496 3000 |
|
Houston (Financial PR and Investor Relations) Kay Larsen / Ben Robinson |
Tel: 0204 529 0549 |
COMPANY DESCRIPTION
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 and hydrogen energy markets.
The Group has two divisions, Chesterfield Special Cylinders and Precision Machined Components.
Chesterfield Special Cylinders (CSC) - www.chesterfieldcylinders.com
· Chesterfield Special Cylinders, Sheffield, includes CSC Deutschland GmbH
Precision Machined Components (PMC) - www.pt-pmc.com
· Precision Machined Components includes the Al-Met, Roota Engineering, Quadscot Precision Engineers and Martract brands
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