| For immediate release | 26 June 2023 |
LifeSafe Holdings plc
('LifeSafe', the 'Group' or the 'Company')
Result of AGM
The Annual General Meeting ('AGM') of Lifesafe Holdings plc (AIM:LIFS), a fire safety technology business with innovative fire extinguishing fluids and fire safety products, was held at the offices of Buchanan Communications Limited, 107 Cheapside, London, EC2V 6DN on 26 June 2023 at 09.30am.
All 12 resolutions put to members were passed on a poll. Resolutions 1 to 9 were passed as ordinary resolutions and resolutions 10 to 12 were passed as special resolutions.
The number of votes cast for and against each of the resolutions proposed, and the number of votes withheld were as follows:
| Resolution | Votes for | % | Votes against | % | Votes withheld |
| Resolution 1 (Ordinary) To receive the Annual Report and Accounts of the Company for the financial year ended 31 December 2022 together with the Directors' reports and auditor's report on those accounts. | 7,770,019 | 100 | 0 | 0.00 | 0 |
| Resolution 2 (Ordinary) To appoint Dominic Peter Clive Berger as a director of LifeSafe Holdings plc. | 7,770,019 | 100 | 0 | 0.00 | 0 |
| Resolution 3 (Ordinary) To appoint Mark Christopher Field as a director of LifeSafe Holdings plc. | 7,770,019 | 100 | 0 | 0.00 | 0 |
| Resolution 4 (Ordinary) To appoint Emma Elizabeth Hynes as a director of LifeSafe Holdings plc. | 7,770,019 | 100 | 0 | 0.00 | 0 |
| Resolution 5 (Ordinary) To appoint Neil Christopher Smith as a director of LifeSafe Holdings plc. | 7,770,019 | 100 | 0 | 0.00 | 0 |
| Resolution 6 (Ordinary) To appoint Michael James Stilwell as a director of LifeSafe Holdings plc. | 7,770,019 | 100 | 0 | 0.00 | 0 |
| Resolution 7 (Ordinary) To re-appoint Haysmacintyre LLP as auditor of the Company to hold office until the conclusion of the next general meeting at which accounts are laid before LifeSafe Holdings plc. | 7,770,019 | 100 | 0 | 0.00 | 0 |
| Resolution 8 (Ordinary) To authorize the Directors to determine the fees payable to the auditor. | 7,770,019 | 100 | 0 | 0.00 | 0 |
| Resolution 9 (Ordinary) To authorize the allotment and issue of equity securities. | 7,770,019 | 100 | 0 | 0.00 | 0 |
| Resolution 10 (Special) To disapply the statutory pre-emption rights on the issue of equity securities. | 7,770,019 | 100 |
0 | 0.00 | 0 |
| Resolution 11 (Special) THAT, subject to the passing of resolution 9, the Directors be authorized in addition to any authority granted under resolution 10, to allot Equity Securities for cash under the authority conferred by resolution 9 and/or to sell ordinary shares held by the Company as treasury shares as if section 561 of the CA 2006 did not apply. | 7,770,019 | 100 | 0 | 0.00 | 0 |
| Resolution 12 (Special) That the Company be authorized for the purposes of section 701(1) of CA 2006 to make one or more market purchases within the meaning of section 693(4) of CA 2006) on the London Stock Exchange of Ordinary Shares. | 7,765,869
| 100 | 0 | 0.00 | 4,150
|
As of 26 June 2023, there were 22,108,050 ordinary shares in issue. Shareholders are entitled to one vote per share. Votes withheld are not votes in law and so have not been included in the calculation of the proportion of votes for and against a resolution.
The full text of each resolution is available in the Notice of Annual General Meeting, published on the Company's website.
This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
The person responsible for arranging the release of this announcement on behalf of the Company is Mike Stilwell, Chief Financial Officer of the Company.
For further enquiries:
| LifeSafe Holdings plc |
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| Dominic Berger, Chairman | |
| Neil Smith, CEO |
|
| Mike Stilwell, CFO | |
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|
|
| WH Ireland Limited (Nominated Adviser & Broker) | Tel: +44 (0) 20 7220 1666 |
| Chris Fielding |
|
| Darshan Patel |
|
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|
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Notes to Editors
LifeSafe is a fire safety technology business that develops eco-friendly, novel and innovative fire extinguishing fluids with a range of life-saving fire safety products. Through its highly experienced management team, LifeSafe is seeking to create new markets for the Group in fire safety through new technologies, digital marketing and multi-channel sales.
LifeSafe has developed what the Directors believe to be a market disrupting range of eco-friendly fire safety protection products including, launched in December 2022, a new Thermal Runaway Fluid to combat thermal runaway in lithium battery fires by permanently extinguishing and preventing the re-ignition of lithium fires. This is an evolution of the Group's core FER1000 extinguishing fluid, for which the Group has been granted a patent in the UK, which has been developed by LifeSafe to extinguish five different types of fire: electrical, paper, textiles, cooking oil, and petrol and diesel.
The Group launched its best-selling first generation StaySafe 5-in-1 fire extinguisher using this fluid on Amazon Prime in the UK in August 2021. It subsequently became Amazon Prime's top-selling fire extinguisher in the UK in the same month. The StaySafe All-in-1, an evolution of the Group's core fluid which is verified to extinguish ten different fire types, was launched in the UK in April 2023. StaySafe products were launched in Screwfix in Spring 2022.
LifeSafe is continuing to develop new fluid derivations for the industrial market.
LifeSafe was admitted to trading on AIM in July 2022 with the ticker LIFS.L. For additional information please visit https://www.lifesafeholdingsplc.com.
LinkedIn: https://www.linkedin.com/company/lifesafe-technologies
Twitter: https://twitter.com/LifesafeT
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