ESKEN LIMITED

AGM Information • Nov 24, 2023

National Storage Mechanism | Additional information

RNS Number : 6555U

Esken Limited

24 November 2023

24 November 2023

ESKEN LIMITED

("Esken", the "Group" or the "Company")

Result of General Meeting

Update on the Disposal

Notice of Results

Esken, the aviation and renewable energy group, announces the result of voting on the resolutions at its General Meeting held at 9.30 a.m. on 24 November 2023. Capitalised terms in this announcement have the meanings attributed to them in the Company's circular to shareholders dated 6 November 2023.

Resolutions 1 to 3 in the Notice of General Meeting were passed by the required majority by means of a poll. The results of the poll on each resolution are set out below.

Results

	For		Against		Total votes cast	Votes withheld
Resolution	No. of votes	%	No. of votes	%	No. of votes	No. of votes
1.    Approval of Disposal of Esken Renewables Limited	723,926,307	99.92%	566,652	0.08%	724,490,410	2,687,646
2.    Approval of transfer to Standard listing	723,806,981	99.93%	487,724	0.07%	724,292,156	2,895,900
3.    Adopt the Executive Remuneration Scheme	719,590,633	99.32%	4,907,052	0.68%	724,495,166	2,692,890

The number of Ordinary Shares in issue on 24 November 2023 was 1,025,336,741. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes 'For' or 'Against' a resolution.

In accordance with Listing Rule 9.6.2R, a copy of the Resolutions has been submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Completion of the Disposal

Esken anticipates that completion of the Disposal of Esken Renewables Limited will occur on or about 1 December 2023.

Having satisfied (i) the Shareholder Consent Condition (following the approval of resolution 1 above), and (ii) the Customer Condition (through the execution of the Deed of Settlement and Variation by Esken Renewables Limited and Tilbury Green Power Limited), the only remaining condition of the Disposal is satisfaction of the Cash Sweep Condition, which Esken anticipates will occur on or around 30 November 2023.

Transfer to Standard Listing

Application has been made to the London Stock Exchange and the transfer of the Company's listing category from the Premium Listing segment to the Standard Listing segment of the Official List and the Main Market of the London Stock Exchange, pursuant to resolution 2 above, is expected to take effect on 22 December 2023.

Further announcements will be made in due course.

Interim Results

Esken will announce its interim results for the six months ended 31 August 2023 on 29 November 2023. An investor presentation will be shared on the Company's website on 29 November 2023.

Enquiries:

Esken Limited    C/o Teneo

Teneo

Olivia Peters / Giles Kernick

020 7353 4200

esken@teneo.com

Publication on website

A copy of this announcement will be available for inspection on the Company's website at: www.esken.com. For the avoidance of doubt, the contents of this website are not incorporated into and do not form part of this announcement.

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