RNS Number : 9942U
Pressure Technologies PLC
31 March 2023
 

 31 March 2023

 

 Pressure Technologies plc

("Pressure Technologies")

 

Result of AGM

 

At the Annual General Meeting of Pressure Technologies (AIM: PRES) held earlier today, all resolutions proposed were duly passed.

 

The total votes were cast as follows:

 

Resolution

For

%

Against

%

Withheld**

1

RESOLUTION WITHDRAWN

2

RESOLUTION WITHDRAWN

3

To re-appoint Nick Salmon as a Director

19,271,232

99.82

34,950

0.18

4,293,557

4

To re-appoint Tim Cooper as a Director

19,287,232

99.90

18,950

0.10

4,293,557

5

To re-appoint Chris Walters as a Director

23,479,779

99.92

18,950

0.08

101,010

6

To re-appoint Mike Butterworth as a Director

19,272,232

99.82

33,950

0.18

4,293,557

7

To re-appoint Grant Thornton LLP as Auditor

23,424,779

99.31

162,836

0.69

121,24

8

To authorise the Directors to set the Auditor's remuneration

22,998,112

97.45

600,617

2.55

1,010

9

To authorise the directors to allot shares

19,276,932

81.69

4,321,797

18.31

1,010

10

To authorise the Company to purchase its own shares*

23,453,293

99.38

145,436

0.62

1,010

11

To disapply pre-emption rights*

19,178,739

81.27

4,419,990

18.73

1,010

 

*Special Resolution

 

** A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes 'For' and 'Against' any of the resolutions.

 

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 38,667,163.

 

 

For further information, please contact:

 

Pressure Technologies plc

Chris Walters, Chief Executive

 

Tel: 0330 015 0710

PressureTechnologies@houston.co.uk

Singer Capital Markets  (Nomad and Broker)

Rick Thompson/Asha Chotai

Tel: 0207 496 3000

Houston  (Financial PR and Investor Relations)

Kay Larsen / Ben Robinson

Tel: 0204 529 0549

 

COMPANY DESCRIPTION

www.pressuretechnologies.com

With its head office in Sheffield, Pressure Technologies 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 Company has two divisions, Chesterfield Special Cylinders and Precision Machined Components.

Chesterfield Special Cylinders (CSC) -    www.chesterfieldcylinders.com

ā— Chesterfield Special Cylinders, Sheffield, includes CSC Deutschland GmbH.

Precision Machined Components (PMC) -    www.pt-pmc.com

ā— Precision Machined Components includes the Al-Met, Roota Engineering and Martract sites.

 

 

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