JUDGES SCIENTIFIC PLC

AGM Information • May 21, 2024

National Storage Mechanism | Additional information

RNS Number : 3564P

Judges Scientific PLC

21 May 2024

21 May 2024

Judges Scientific plc

(the "Group" or "Judges")

Result of Annual General Meeting and General Meeting

Judges Scientific (AIM: JDG), a group focused on acquiring and developing companies in the scientific instrument sector, announces that, at the Annual General Meeting ("AGM") held earlier today, all of the resolutions put to shareholders were duly passed. In addition, at the General Meeting held immediately after the AGM, all of the resolutions put to shareholders were duly passed.

The votes received at the AGM are detailed below:

Resolution	Votes for	%	Discretion	%	Votes against	%	Votes withheld
Resolution 1 (Ordinary) To receive and, if approved, adopt the audited financial statements of the Company for the year ended 31 December 2023 and the reports of the Directors and auditor thereon.	3,175,302	99.37	19,890	0.62	16	0.01	3,035
Resolution 2 (Ordinary) To approve both the Remuneration Policy and the Remuneration Report (other than the part containing the Remuneration Policy) as respectively set out in the Annual Report and Accounts 2023.	3,067,573	95.93	19,890	0.62	110,354	3.45	426
Resolution 3 (Ordinary) To re-appoint Susan Nyman, who was appointed by the Board on 21 November 2023, as a Director.	3,130,448	97.88	19,890	0.62	47,840	1.5	65
Resolution 4 (Ordinary) To re-appoint Hon. Alexander Hambro, who retires by rotation, as a Director.	2,895,942	90.55	19,890	0.62	282,374	8.83	37
Resolution 5 (Ordinary) To re-appoint Bradley Ormsby, who retires by rotation, as a Director.	3,064,925	95.83	19,890	0.62	113,404	3.55	24
Resolution 6 (Ordinary) To re-appoint Mark Lavelle, who retires by rotation, as a Director.	3,031,351	94.78	19,890	0.62	146,978	4.6	24
Resolution 7 (Ordinary) To re-appoint Lushani Kodituwakku, who retires by rotation, as a Director.	3,105,732	97.11	19,890	0.62	72,556	2.27	65
Resolution 8 (Ordinary) To approve a final dividend of 68.0p per Ordinary share.	3,177,889	99.37	19,890	0.62	459	0.01	5
Resolution 9 (Ordinary) To approve the re-appointment of BDO UK LLP as auditor to hold office formally from the conclusion of this meeting until the conclusion of the next	3,178,053	99.37	19,890	0.62	222	0.01	78
Resolution 10 (Special) To authorise the directors to allot relevant securities	3,169,725	99.12	19,890	0.62	8,185	0.26	443
Resolution 11 (Special) To disapply pre-emption rights	2,781,412	86.98	19,890	0.62	396,464	12.4	477
Resolution 12 (Special) To resolve that the company be and is unconditionally authorised to make market purchases	3,106,989	99.28	19,890	0.64	2,385	0.08	68,979

The votes received at the General Meeting are detailed below:

Resolution	Votes for	%	Discretion	%	Votes against	%	Votes withheld
Resolution 1 (Special) THAT article 21 of the Company's articles of association (the Articles) shall be deleted and replaced by inserting a new article 21	2,626,744	99.98	40	0.01	43	0.01	584
Resolution 2 (Special) THAT article 22.5(a) of the Articles shall be amended to delete the words "by rotation or otherwise".	2,626,757	99.98	40	0.01	30	0.01	584
Resolution 3 (Special) THAT article 26.2 of the Articles shall be amended to delete the words "by rotation"	2,626,394	99.98	40	0.01	43	0.01	934
Resolution 4 (Ordinary) To re-appoint David Cicurel, who retires annually, as a Director.	2,535,410	96.51	40	0.01	91,436	3.48	525
Resolution 5 (Ordinary) To re-appoint Tim Prestidge, who retires annually, as a Director.	2,532,678	96.41	40	0.01	94,168	3.58	525
Resolution 6 (Ordinary) To re-appoint Ralph Elman, who retires annually, as a Director.	1,483,520	56.47	40	0.01	1,143,326	43.52	525
Resolution 7 (Ordinary) To re-appoint Charles Holroyd, who retires annually, as a Director.	2,412,756	96.03	40	0.01	99,542	3.96	115,073

The Board notes that more than 20% of shareholders voted against resolution six at the General Meeting.  The Board intends to consult with shareholders to understand their views.

Details of the votes cast on all resolutions will also be available on the Company's website: www.judges.uk.com.

-     Ends -  

For further information please contact:
Judges Scientific plc David Cicurel, CEO Brad Ormsby, C FO Tel: +44 (0) 20 3829 6970	Shore Capital (Nominated Adviser & Joint Broker) Stephane Auton Harry Davies-Ball Tel: +44 (0) 20 7408 4090
Liberum (Joint Broker) Edward Mansfield Nikhil Varghese Tel : +44 (0) 20 3100 2222	Investec Bank plc (Joint Broker) Virginia Bull Carlton Nelson Tel: +44 (0) 207 597 4000
Alma (Financial Public Relations) Sam Modlin Rebecca Sanders-Hewett Joe Pederzolli Tel: +44 (0) 20 3405 0205 judges@almastrategic.com

Notes to editors:

Judges Scientific plc (AIM: JDG), is a group focused on acquiring and developing companies in the scientific instrument sector.  The Group now consists of 23 businesses acquired since 2005.

The acquired companies are primarily UK-based with products sold worldwide to a diverse range of markets including: higher education institutions, scientific research facilities, manufacturers and regulatory authorities.  The UK is a recognised centre of excellence for scientific instruments.  The Group has received five Queen's Awards for innovation and export.

The Group's companies predominantly operate in global niche markets, with long term growth fundamentals and resilient margins.

Judges Scientific maintains a policy of selectively acquiring businesses that generate sustainable profits and cash.  Shareholder returns are created through the reduction of debt, organic growth and dividends.

For further information, please visit  www.judges.uk.com

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