31 May 2022
GYG PLC
Result of Annual General Meeting ("AGM")
GYG plc (AIM: GYG), the market leading global superyacht service and supply group, announces that all resolutions as set out in the Notice of AGM dated 6 May 2022, were duly passed today by the requisite majority.
All of the resolutions put to the AGM were voted on by way of a poll, and the full results of each poll will shortly be available on the Company's website, www.gygplc.com.
For further information:
| GYG plc Remy Millott, Chief Executive Officer Kevin McNair, Chief Financial Officer
| via FTI Consulting Tel: +44 (0) 20 3727 1000 |
| Singer Capital Markets Tom Salvesen Peter Steel Amanda Gray
| Tel: +44 (0) 20 7496 3000 |
| FTI Consulting Alex Beagley Fiona Walker Rafaella de Freitas | Tel: +44 (0) 20 3727 1000 gyg@fticonsulting.com |
Notes to Editors:
GYG is the market leading superyacht painting, supply and maintenance company, offering services globally through operations in the Mediterranean, Northern Europe and the United States. The Company's brands include Pinmar, Pinmar Yacht Supply, and Technocraft. GYG's operations can be divided into three key sales channels:
· Refit: repainting and finishing of superyachts, normally as part of a refit programme. Revenues also include scaffolding, containment and the removal and repair of fittings
· New Build: fairing and painting of new vessels as part of the build process
· Supply: the sale and delivery of maintenance materials, consumables, spare parts and equipment primarily to superyachts and trade customers
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