AB DYNAMICS PLC

Declaration of Voting Results & Voting Rights Announcements • Feb 28, 2024

National Storage Mechanism | Additional information

RNS Number : 8091E

AB Dynamics PLC

28 February 2024

28 February 2024

AB Dynamics plc 

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

Result of Annual General Meeting 

AB Dynamics plc ("AB Dynamics", the "Company" or the "Group"), the designer, manufacturer and supplier of advanced testing, simulation and measurement products to the global transport market, is pleased to announce that at 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 2023	16,143,622	100.00%	202	0.00%	12,584
2	To approve the Directors' remuneration report	15,723,858	97.35%	427,886	2.65%	4,664
3	To declare a final dividend of 4.42p per share	16,120,094	100.00%	202	0.00%	36,112
4	To re-appoint Richard Elsy as a Director of the Company	15,876,918	98.29%	275,599	1.71%	3,891
5	To re-appoint Louise Evans as a Director of the Company	16,013,562	99.14%	139,004	0.86%	3,842
6	To re-appoint Richard Hickinbotham as a Director of the Company	15,877,290	98.30%	275,276	1.70%	3,842
7	To re-appoint Sarah Matthews-DeMers as a Director of the Company	16,145,876	99.96%	6,655	0.04%	3,877
8	To re-appoint Dr James Routh as a Director of the Company	16,147,046	99.97%	5,520	0.03%	3,842
9	To re-appoint Grant Thornton UK LLP as auditor of the Company and authorise the Directors to determine the auditor's remuneration	16,132,079	99.89%	17,758	0.11%	6,571
10	To authorise the Directors of the Company to allot securities up to an aggregate nominal amount of £76,447	16,124,732	99.83%	28,264	0.17%	3,412
11	To give the Directors of the Company limited power to allot securities for cash up to an aggregate nominal amount of £11,467 without making a pre-emptive offer to shareholders	16,136,918	99.90%	16,270	0.10%	3,220

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 22,934,365 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)	020 7710 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 Felicity Jackson, Group Legal Counsel.

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