26 May 2022
Strix Group Plc
("Strix" or the "Group")
Result of Annual General Meeting
Strix Group Plc (AIM:KETL), the AIM quoted global leader in the design, manufacture and supply of kettle safety controls and other complementary water temperature management components, announces that all resolutions were passed via poll at the Annual General Meeting held on 26 May 2022.
A summary of the votes is presented below:
| AGM resolutions | For | % | Against | % | Withheld |
|
| | | | | |
| Ordinary resolutions | | | | | |
| Resolution 1 | 135,464,412 | 100.00 | - | - | 82,176 |
| Annual Report and accounts | |||||
| Resolution 2 | 123,687,029 | 91.26 | 11,850,592 | 8.74 | 8,967 |
| Annual Report on Directors' remuneration | |||||
| Resolution 3 | 135,546,588 | 100.00 | - | - | - |
| Final dividend | |||||
| Resolution 4 | 132,299,012 | 97.61 | 3,240,464 | 2.39 | 6,671 |
| Proposal to re-elect Raudres Wong (retiring by rotation) | |||||
| Resolution 5 | 134,707,666 | 99.39 | 832,080 | 0.61 | 6,842 |
| Appointment of auditors | |||||
| Resolution 6 | 134,572,343 | 99.28 | 971,597 | 0.72 | 2,648 |
| Remuneration of auditors | |||||
| Resolution 7 | 132,645,811 | 98.38 | 2,185,500 | 1.62 | 715,277 |
| Power of Directors to allot shares | |||||
| | | | | | |
| Special resolutions | | | | | |
| Resolution 8 | 135,432,976 | 99.92 | 113,312 | 0.08 | 300 |
| Disapplication of pre-emption rights | |||||
| Resolution 9 | 130,005,677 | 95.91 | 5,540,611 | 4.09 | 300 |
| Disapplication of pre-emption rights | |||||
| Resolution 10 | 109,140,262 | 99.30 | 764,195 | 0.70 | 25,642,131 |
| Purchase of own shares |
Statement regarding voting result
We are pleased to have received the support of our shareholders for all of the resolutions proposed at the AGM, and we are satisfied with the level of support for each resolution. We are also pleased with the percent of shares voted on. We will continue to monitor the level of support for each resolution in the future, and where needed we will discuss with shareholders and proxy advisors to understand any concerns.
Further enquiries, please contact:
| Strix Group Plc Mark Bartlett, CEO Raudres Wong, CFO
| +44 (0) 1624 829829 | |
| Zeus (Nominated Adviser and Joint Broker) Nick Cowles / Jamie Peel / Jordan Warburton (Investment Banking)
| +44 (0) 20 3829 5000 | |
|
| | |
| Stifel Nicolaus Europe Limited (Joint Broker) | +44 (0) 20 7710 7600 | |
| Matthew Blawat / Francis North
| | |
| | | |
| IFC Advisory Limited (Financial PR and IR) | +44 (0) 20 3934 6630 | |
| Graham Herring / Tim Metcalfe / Florence Chandler | | |
| | | |
ABOUT STRIX GROUP PLC
Isle of Man based Strix, is a global leader in the design, manufacture and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration.
Strix's core product range comprises a variety of safety controls for small domestic appliances, primarily kettles. Kettle safety controls require precision engineering and intricate knowledge of material properties in order to repeatedly function correctly. Strix has built up market leading capability and know-how in this field since being founded in 1982.
Strix is admitted to trading on the AIM Market of the London Stock Exchange (AIM: KETL).
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