Auction Technology Group PLC

AGM Information • Jan 25, 2022

National Storage Mechanism | Additional information

RNS Number : 5983Z

Auction Technology Group PLC

25 January 2022

LEI: 213800U8Q9K2XI3WRE39

25 January 2022

Auction Technology Group plc (the "Company")

Results of Annual General Meeting

The Annual General Meeting of the Company was held at the offices of Travers Smith LLP, 10 Snow Hill, London EC1A 2AL on 25 January 2022.

All resolutions were duly passed on a poll and the results of each resolution were as follows:

Resolution	For (%)	Against (%)	Votes withheld	Total votes cast	Percentage of issued share capital voted (%)
1.   To receive the reports of the Directors and the Auditor and the audited accounts for the financial year ended 30 September 2021	109,161,059 (100.00%)	0 (0.00%)	53,933	109,161,059	90.58
2.   To approve the Directors' remuneration report (excluding the Directors' remuneration policy)	108,861,907 (99.68%)	353,085 (0.32%)	0	109,214,992	90.63
3.   To approve the Directors' remuneration policy	109,177,156 (99.97%)	37,836 (0.03%)	0	109,214,992	90.63
4. To approve the Employee Stock Purchase Plan	109,212,992 (100.00%)	0 (0.00%)	2,000	109,212,992	90.63
5. To re-elect Breon Corcoran as a Director	107,843,138 (98.74%)	1,371,854 (1.26%)	0	109,214,992	90.63
6. To re-elect John-Paul Savant as a Director	108,673,616 (99.50%)	541,376 (0.50%)	0	109,214,992	90.63
7. To re-elect Tom Hargreaves as a Director	106,001,282 (97.06%)	3,213,710 (2.94%)	0	109,214,992	90.63
8.   To re-elect Scott Forbes as a Director	106,213,317 (97.25%)	3,001,675 (2.75%)	0	109,214,992	90.63
9.  To re-elect Morgan Seigler as a Director	108,932,246 (99.74%)	282,746 (0.26%)	0	109,214,992	90.63
10.  To elect Pauline Reader as a Director	109,069,713 (99.87%)	145,279 (0.13%)	0	109,214,992	90.63
11. To re-appoint Deloitte LLP as Auditor to the Company	109,000,097 (99.80%)	214,545 (0.20%)	350	109,214,642	90.63
12. To authorise the Directors to determine the remuneration of the Auditor	108,728,552 (99.55%)	486,090 (0.45%)	350	109,214,642	90.63
13. To authorise the Company to make political donations	108,874,991 (99.69%)	339,651 (0.31%)	350	109,214,642	90.63
14. To authorise the Directors to allot shares or grant subscription or conversion rights under section 551 Companies Act 2006	108,685,738 (99.52%)	523,637 (0.48%)	5,617	109,209,375	90.62
15. To dis-apply statutory pre-emption rights under section 570 of the Companies Act 2006 (general)	109,205,375 (100.00%)	3,000 (0.00%)	6,267	109,208,375	90.62
16. To further disapply statutory pre-emption rights under section 570 of the Companies Act 2006 in connection with an acquisition or specified capital investment	108,930,623 (99.74%)	283,019 (0.26%)	1,000	109,213,642	90.63
17. To authorise the Company to make market purchases of its own shares	109,180,035 (100.00%)	350 (0.00%)	33,257	109,180,385	90.60
18. To authorise the calling of a general meeting other than an Annual General Meeting on not less than 14 clear days' notice	108,206,413 (99.08%)	1,008,229 (0.92%)	0	109,214,642	90.63

Notes:

(i)      Votes 'For' include those votes giving the Chair discretion.

(ii)     The number of ordinary shares in issue on 25 January 2022 was 120,506,916.  Shareholders are entitled to one vote per share. 

(iii)    A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes validly cast.

Full details of the resolutions are set out in the Notice of Annual General Meeting dated 15 December 2021 (which is available on the Company's website at www.auctiontechnologygroup.com).

Resolutions 1 to 14 were ordinary resolutions, requiring more than 50 per cent. of shareholders' votes to be cast in favour of the resolutions. Resolutions 15 to 18 were special resolutions, requiring at least 75 per cent. of shareholders' votes to be cast in favour of the resolutions.

A copy of all the resolutions passed other than ordinary business at the Annual General Meeting has been submitted to the Financial Conduct Authority via the National Storage Mechanism and will shortly be available for inspection at https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism. 

For further information contact:

Tulchan Communications (Public relations advisor to the Company) Tom Murray, Matt Low, Laura Marshall	+44 207 353 4200 ATG@tulchangroup.com
Auction Technology Group plc For investor enquiries For media enquiries	investorrelations@auctiontechnologygroup.com press@auctiontechnologygroup.com

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