AB DYNAMICS PLC

AGM Information • Jan 16, 2025

National Storage Mechanism | Additional information

RNS Number : 6577T

AB Dynamics PLC

16 January 2025

16 January 2025

AB Dynamics plc

("AB Dynamics", the "Company" or the "Group")

Result of Annual General Meeting

AB Dynamics plc, the designer, manufacturer and supplier of advanced testing, simulation and measurement products to the global transport market, is pleased to announce that the Annual General Meeting, held earlier today, all resolutions were duly passed.

A breakdown of the proxy votes lodged prior to, and votes received at the meeting for each resolution is set out below.

	FOR	No. of votes 'For' and discretionary	%	Against	%	Withheld
1	To receive the Directors' report, the Auditor's report and the accounts for the year ended 31 August 2024	16,955,615	100.00%	68	0.00%	10,285
2	To approve the Directors' remuneration report	16,577,524	98.13%	315,183	1.87%	73,261
3	To declare a final dividend of 5.30p per share	16,965,886	100.00%	32	0.00%	50
4	To re-appoint Richard Elsy as a Director of the Company	16,816,070	99.12%	148,889	0.88%	1,009
5	To re-appoint Louise Evans as a Director of the Company	16,816,535	99.13%	148,429	0.87%	1,004
6	To re-appoint Richard Hickinbotham as a Director of the Company	16,686,529	98.36%	278,386	1.64%	1,053
7	To re-appoint Sarah Matthews-DeMers as a Director of the Company	16,953,962	99.94%	11,002	0.06%	1,004
8	To re-appoint Dr James Routh as a Director of the Company	16,955,044	99.94%	9,871	0.06%	1,053
9	To appoint Crowe UK LLP as auditor of the Company and authorise the Directors to determine the auditor's remuneration	16,958,971	100.00%	245	0.00%	6,752
10	To authorise the Directors of the Company to allot securities up to an aggregate nominal amount of £76,514	16,912,653	99.71%	49,070	0.29%	4,245
11	To give the Directors of the Company limited power to allot securities for cash up to an aggregate nominal amount of £11,477 without making a pre-emptive offer to shareholders	16,955,883	99.97%	5,550	0.03%	2,805

Notes

1.   The percentages voted 'For' and 'Against' are expressed as a proportion of the total votes cast.  Votes withheld have not been included in the calculation of whether a resolution is carried since for legal purposes a vote withheld is not a vote cast.

2.   At the date of the AGM the issued share capital of the Company was 22,954,463 ordinary shares.

Enquiries:

AB Dynamics plc	01225 860 200
Dr James Routh, Chief Executive Officer
Sarah Matthews-DeMers, Chief Financial Officer
Peel Hunt LLP ( Nominated Adviser and Joint Broker)	0207 418 8900
Mike Bell Ed Allsopp
Stifel Nicolaus Europe Limited (Joint Broker)	0207 710 7600
Matthew Blawat Harry Billen
Teneo	0207 353 4200
James Macey White Matt Low

The person responsible for arranging the release of this information is David Forbes, Company Secretary.

About AB Dynamics plc

AB Dynamics is a leading designer, manufacturer and supplier of advanced testing, simulation and measurement products to the global transport market. 

AB Dynamics is an international group of companies headquartered in Bradford on Avon. AB Dynamics currently supplies all the major automotive manufacturers, Tier 1 suppliers and service providers, who routinely use the Group's products to test and verify vehicle safety systems and dynamics.

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