08 September 2022
SysGroup plc
("SysGroup" or the "Company" or the "Group")
Result of 2022 Annual General Meeting
SysGroup plc (AIM:SYS), the multi award-winning managed IT services, cyber security and cloud hosting provider, is pleased to announce that all of the resolutions set out in the Notice of AGM were passed by the requisite majority at the Group's AGM, held earlier today.
Details of the proxy votes received by the Group are as follows:
|
| For | Against | Total Votes | Withheld | ||
|
| No. of votes | % | No. of votes | % | No. of votes | No. of votes |
| 1. To receive the Annual Report and Accounts | 27,008,928 | 99.99 | 1,750 | 0.01 | 27,010,678 | 0 |
| 2. To re-appoint John Michael Edelson | 26,867,262 | 99.99 | 1,750 | 0.01 | 26,869,012 | 141,666 |
| 3. To re-appoint Michael Fletcher | 27,008,928 | 99.99 | 1,750 | 0.01 | 27,010,678 | 0 |
| 4. To re-appoint BDO LLP as auditors and to authorise the directors to determine the remuneration of the auditors | 27,008,928 | 99.99 | 1,750 | 0.01 | 27,010,678 | 0 |
| 5. To authorise the Directors to allot relevant securities | 27,008,803 | 99.99 | 1,875 | 0.01 | 27,010,678 | 0 |
| 6. To grant a limited disapplication of the statutory pre-emption rights* | 27,007,553 | 99.99 | 3,125 | 0.01 | 27,010,678 | 0 |
| 7. To authorise the Group to make market purchases of its own ordinary shares* | 27,007,678 | 99.99 | 3,000 | 0.01 | 27,010,678 | 0 |
*Special resolution
Notes:
1. Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.
2. Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.
3. A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against".
4. The number of shares in issue on 08 September 2022 was 49,419,690 with 560,000 shares in treasury.
5. The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Group's website at https://www.sysgroup.com/about-us/investors
| For further information please contact:
SysGroup plc Adam Binks, Chief Executive Officer Martin Audcent, Chief Financial Officer |
Tel: 0151 559 1777
|
|
Zeus (Nominated Adviser and Broker) Dan Bate James Edis |
Tel: 0161 831 1512 |
|
Josh Royston Matthew Young |
Tel: 07780 901 979 |
About SysGroup
SysGroup is a leading provider of managed IT services, cloud hosting, cyber security and expert IT consultancy. The Group delivers solutions that enable clients to benefit from industry leading technologies and delivers managed solutions with security, compliance and governance from the core. SysGroup focuses on a customer's strategic and operational requirements - enabling clients to free up resources, grow their core business and avoid the distractions and complexity of managing IT services.
The Group has offices in Bristol, Edinburgh, Liverpool, London, Manchester and Newport.
For more information, visit http://www.sysgroup.com
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