Zotefoams
plc
('the
Company')
Result of the 2024 Annual
General Meeting
22
May 2024 - The Company announces
that at its Annual General Meeting held on 22 May 2024
at its offices at 675 Mitcham Road, Croydon CR9
3AL, all of the resolutions tabled at the meeting were passed on a
poll vote. Resolutions 1 to 13 inclusive were passed as ordinary
resolutions and resolutions 14 to 17 inclusive were passed as
special resolutions.
The total number of ordinary shares
in issue in relation to the AGM is 48,846,234. Votes were cast by
shareholders in respect of 28,504,200 ordinary shares amounting to
58.35% of the issued share
capital.
The votes cast* were recorded as
follows:
|
Resolution
|
For
|
%
of votes cast
|
Against
|
%
of votes cast
|
Votes Withheld
|
|
1.
|
To receive the Annual Report of the
Company for the year ended 31 December 2023
|
28,500,344
|
100.00
|
-
|
0.00
|
3,856
|
|
2
|
To approve the Annual Statement by
the Chair of the Remuneration Committee and the Annual Report on
Remuneration for the year ended 31 December 2023 set out on pages
90 to 103 of the Annual Report.
|
27,375,656
|
96.07
|
1,121,323
|
3.93
|
7,221
|
|
3
|
To declare a final dividend for the
year ended 31 December 2023 of 4.90 pence per ordinary share, such
dividend to be payable on 3 June 2024 to shareholders on the
register of members of the Company at the close of business on 3
May 2024.
|
28,504,200
|
100.00
|
-
|
0.00
|
-
|
|
4
|
To re-elect L Drummond as a
Director.
|
27,361,612
|
95.99
|
1,141,866
|
4.01
|
722
|
|
5.
|
To elect R M Cox as a
Director.
|
28,383,334
|
100.00
|
146
|
0.00
|
120,720
|
|
6.
|
To re-elect
G C McGrath as a Director.
|
28,500,198
|
100.00
|
146
|
0.00
|
3,856
|
|
7
|
To re-elect J D Carling as a
Director.
|
28,234,204
|
99.06
|
269,274
|
0.94
|
722
|
|
8.
|
To re-elect
D G Robertson as a Director.
|
28,231,068
|
99.06
|
269,274
|
0.94
|
3,858
|
|
9.
|
To elect M S
Swift as a Director.
|
28,382,581
|
100.00
|
899
|
0.00
|
120,720
|
|
10.
|
To re-elect C A Wall as a
Director.
|
28,230,544
|
99.04
|
272,935
|
0.96
|
721
|
|
11.
|
To re-appoint PKF Littlejohn LLP as
Auditor of the Company.
|
28,380,834
|
99.99
|
2,646
|
0.01
|
120,720
|
|
12.
|
To authorise the Audit Committee to
determine the Auditor's remuneration.
|
28,500,834
|
100.00
|
146
|
0.00
|
3,220
|
|
13.
|
To authorise the Directors to allot
shares.
|
28,365,815
|
99.56
|
124,346
|
0.44
|
14,039
|
|
14.
|
To authorise the Directors to allot
equity securities for cash.
|
28,374,893
|
99.57
|
123,682
|
0.43
|
5,625
|
|
15.
|
To authorise the Directors, in
addition to resolution 14, to allot further equity securities for
financing (and refinancing) purposes only.
|
28,378,719
|
99.57
|
122,556
|
0.43
|
2,925
|
|
16.
|
To authorise market purchases of
shares.
|
28,501,980
|
99.99
|
2,220
|
0.01
|
-
|
|
17.
|
That a general meeting other than an
annual general meeting may be called on not less than 14 clear
days' notice.
|
27,637,020
|
96.96
|
867,179
|
3.04
|
1
|
* Total votes cast excludes
votes withheld as a vote withheld is not a vote in law.
Further details of the resolutions
(including the text of the resolutions) are given in the Notice of
the 2024 Annual General Meeting, which is on page 161 of the 2023
Annual Report and which is also available on the Company's
website.
Pursuant to Listing Rule 9.6, the
Company also confirms that a copy of all relevant resolutions
passed at its AGM will shortly be made available for public
inspection via the National Storage Mechanism.
Lydia Harratt
Group Company Secretary
Zotefoams plc
020 8664 1600
About
Zotefoams plc
Zotefoams plc (LSE - ZTF) is a world
leader in cellular materials technology delivering optimal material
solutions for the benefit of society. Utilising a variety of unique
manufacturing processes, including environmentally friendly
nitrogen expansion for lightweight AZOTE® polyolefin and
ZOTEK® high-performance foams, Zotefoams sells to
diverse markets worldwide. Zotefoams uses its own cellular
materials to manufacture T-FIT® advanced insulation for
demanding industrial markets. Zotefoams also owns and licenses
patented microcellular foam technology to reduce plastic use in
extrusion applications and for ReZorce® mono-material
recyclable barrier packaging.
Zotefoams is headquartered in
Croydon, UK, with additional manufacturing sites in Kentucky, USA
and Brzeg, Poland (foam manufacture), Oklahoma, USA (foam products
manufacture and conversion), Massachusetts, USA, Stilling, Denmark
(microcellular foam technology) and Jiangsu Province, China
(T-FIT).
www.zotefoams.com
AZOTE®, ZOTEK®,
ReZorce® and T-FIT® are registered trademarks
of Zotefoams plc.