5 August 2024
Windar Photonics plc
("Windar Photonics" or the "Company")
Results of Annual General Meeting
The Annual General Meeting ('AGM') of Windar Photonics plc (AIM: WPHO), the technology group that has developed its WindEye and WindTimizer LiDAR wind sensors and its related 'Nexus' software suite designed to efficiently and cost effectively increase the power output and reduce lifetime operating costs of electricity generating wind turbines, was held earlier today. All 7 resolutions put to members were passed on a poll. Resolutions 1 to 6 were passed as ordinary resolutions and Resolution 7 was passed as a special resolution.
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 and adopt the Company's annual accounts for the financial year ended 31 December 2023 together with the Directors' report and the auditors' report on those accounts. | 14,985,748 | 100.0 | 0 | 0.0 | 0 |
| Resolution 2 (Ordinary) To re-elect David George Lis, who retires by rotation pursuant to the articles of association of the Company and who, being eligible, offers himself for re-election as a Director. | 14,985,748 | 100.0 | 0 | 0.0 | 0 |
| Resolution 3 (Ordinary) To re-elect Gavin Manson, who retires by rotation pursuant to the articles of association of the Company and who, being eligible, offers himself for re-election as a Director. | 14,985,748 | 100.0 | 0 | 0.0 | 0 |
| Resolution 4 (Ordinary) To appoint Gravita Audit Limited, as auditors of the Company to hold office from the conclusion of this meeting until the conclusion of the next general meeting at which the accounts are laid before the meeting. | 14,985,748 | 100.0 | 0 | 0.0 | 0 |
| Resolution 5 (Ordinary) To authorise the Directors to fix the remuneration of the auditors. | 14,985,748 | 100.0 | 0 | 0.0 | 0 |
| Resolution 6 (Ordinary) That, in substitution for all subsisting authorities to the extent unused, the Directors be generally and unconditionally authorised for the purpose of section 551 of the Companies Act 2006 to exercise all the powers of the Company to allot ordinary shares in the Company and grant rights to subscribe for, or to convert any security into such ordinary shares up to an aggregate nominal amount of £243,864, with such authorisation to expire upon the earlier of the conclusion of the next annual general meeting and 30 June 2025. | 14,706,064 | 98.1 | 279,684 | 1.9 | 0 |
| Resolution 7 (Special) That, subject to the passing of resolution 6 above and in substitution for all subsisting authorities to the extent unused, the Directors be generally empowered pursuant to sections 570 and 573 of the Companies Act 2006 to allot equity securities pursuant to the authority referred to in resolution 5, as if section 561(1) CA 2006 did not apply to any such allotment, provided that the power was: 1. limited to the allotment of equity securities in connection with an offer of equity securities: 2. limited to the allotment of equity securities up to an aggregate nominal amount of 243,864, and shall expire on the earlier of the conclusion of the next annual general meeting and 30 June 2025. | 14,584,973 | 98.1 | 279,684 | 1.9 | 121,091 |
As of 4th August, there were 81,287,870 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.
For further information, please visit www.investor.windarphotonics.com or contact:
| Windar Photonics plc | |
| Jørgen Korsgaard Jensen, CEO Gavin Manson | Tel: +45 24234930 |
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| Grant Thornton UK LLP Nominated Adviser |
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| Philip Secrett / Harrison Clarke / Elliot Peters | Tel: +44 (0) 20 7383 5100 |
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| Dowgate Capital Broker | |
| James Serjeant / Russell Cook | Tel: +44 (0) 20 3903 7715 |
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