LPA GROUP PLC
("LPA" or the "Group")
Result of AGM
LPA Group Plc, the high reliability LED lighting, electronic and electro-mechanical system designer and manufacturer, announces that at its annual general meeting ("AGM") held earlier today, shareholders passed on a show of hands ordinary resolutions 1, 2, 3, 4, 5, 6 and 9. Resolutions 7 and 8, by way of a poll, were not passed.
The Company has commenced engagement with a significant shareholder in order to understand the reasons for his vote against, and to address his concerns.
The result of the poll was as follows:
| Special resolutions | Votes For | Votes Against | Total Votes Cast | Votes Withheld | |||
| No of shares | % of shares voted | No of shares | % of shares voted | No of shares | % of ISC voted | No of shares | |
| 7. That subject to the passing of resolution 6 the directors be given power to allot equity securities for cash | 1,872,613 | 65.06 | 1,005,873 | 34.94 | 2,878,486 | 21.35% | 0 |
| 8. That the Company is generally authorised to make market purchases of any of its Ordinary Shares | 1,875,986 | 65.17 | 1,002,500 | 34.83 | 2,878,486 | 21.35% | 0 |
A copy of the resolutions is included in the Company's Annual Report & Accounts which are available on the Company's website, www.lpa-group.com.
| Enquires: | www.lpa-group.com | Tel: |
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| LPA Group Plc |
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| Robert B Horvath | Chairman | 01799 512844 | |
| Paul Curtis | COO | 01799 512858 | |
| Chris Buckenham | CFO | 01799 512859 | |
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| finnCap | NOMAD and Broker | 020 7220 0500 | |
| Ed Frisby / Abigail Kelly / Tim Harper (Corporate Finance) Tim Redfern / Charlotte Sutcliffe (ECM) |
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About LPA
LPA Group plc (AIM: LPA) is a market leading designer, manufacturer and supplier of high reliability LED lighting, electronic and electro-mechanical systems, and a distributor of engineered components.
Focused on transport (rail and aviation), defence, infrastructure and industrial markets and supplying into hostile and challenging environments, LPA is known for engineering solutions to improve product reliability, reducing maintenance and life cycle costs.
The Group has three sites across the UK, selling to customers in the UK and overseas. Two of these are design and manufacturing sites: LPA Connection Systems - electro-mechanical systems for rail, aviation and industrial, and LPA Lighting Systems - LED lighting and electronic systems for rail and infrastructure. The third site is LPA Channel Electric - a value added distributer of engineered components for rail, aerospace and defence.
With over 160 years of UK design and manufacture, and with origins in the first ever light installed in 'Electric Avenue', Brixton; innovation is core to LPA and to the products and services supplied to our customers worldwide.
For more information visit www.lpa-group.com .
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