TEKCAPITAL PLC

AGM Information • Jul 27, 2020

National Storage Mechanism | Additional information

RNS Number : 1970U

Tekcapital plc

27 July 2020

27 July 2020

Tekcapital plc

("Tekcapital" or the "Company")

Results of Annual General Meeting & Directorate Change

Tekcapital plc (AIM: TEK), the UK intellectual property (IP) investment group focused on creating marketplace value from investing in university technology is pleased to announce that, following its Annual General Meeting held earlier today, all resolutions were duly passed.

The results of the poll held at the Annual General Meeting are as follows:

Resolution	Total For(1)		Total Against		Votes withheld(2)
No. of votes	% of vote	No. of votes	% of vote	No. of votes
(1)  Adopt the 2019 Annual Report and Accounts	26,587,279	100.00	0	0.00	1,900
(2)  Elect Mr Louis Castro as a Director of the Company	26,575,629	100.00	0	0.00	13,550
(3)   Elect Lord David Lindsay Willetts as a Director of the Company	26,575,629	100.00	0	0.00	13,550
(4)   Re-elect Dr Clifford Mark Gross as a Director of the Company	26,575,629	100.00	0	0.00	13,550
(5)   Re-elect Dr. Robert Clell Miller as a Director of the Company	26,575,629	100.00	0	0.00	13,550
(6)   Re-appoint HW Fisher & Company as auditors	26,429,179	100.00	0	0.00	160,000
(7)   Authorise  the Directors to determine the auditor's remuneration	26,565,629	100.00	0	0.00	23,550
(8)   To authorise the Directors to allot shares, up to a limited amount	26,478,430	99.58	110,749	0.42	0
(9)   To authorise the Directors to disapply pre-emption rights	26,187,942	98.94	281,671	1.06	119,566
(10) To approve the Option Plans and to authorise the Directors to allot shares as described in the resolution.	26,212,604	99.60	105,109	0.40	271,466

(1) Includes discretionary votes.

(2) 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

Directorate Change

Additionally, the Company announces that Mr Malcolm Groat has stepped down from the board of Directors with immediate effect.  Konrad Dabrowski, who for the last three years has served as the Company's Group Financial Controller, has been promoted to non-board CFO.

Cliff Gross, CEO of Tekcapital commented:

"I would like to thank Malcom for his contribution to the business over the past six years, including the Company's successful IPO and he will be very much missed by myself and the rest of the team here. On behalf of the Board we wish him every success for the future."

About Tekcapital plc

Tekcapital creates value from investing in new, university-developed intellectual properties and provides a range of IP investment services to make it easy for organisations to commercialise university-developed technology. Tekcapital is quoted on the AIM market of the London Stock Exchange (AIM: symbol TEK) and is headquartered in Oxford, in the UK. For more information, please visit www.tekcapital.com

LEI: 213800GOJTOV19FIFZ85

For further information, please contact:

Tekcapital Plc		Via Flagstaff
Clifford M. Gross, Ph.D.
SP Angel Corporate Finance LLP (Nominated Adviser and Broker)		+44 (0) 20 3470 0470
Richard Morrison/Charlie Bouverat (Corporate Finance) Abigail Wayne / Rob Rees (Corporate Broking)
Flagstaff Strategic and Investor Communications		+44 (0) 20 7129 1474
Tim Thompson/Andrea Seymour/Fergus Mellon

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