KINOVO PLC

Declaration of Voting Results & Voting Rights Announcements • Aug 29, 2024

National Storage Mechanism | Additional information

RNS Number : 0696C

Kinovo PLC

29 August 2024

Kinovo plc ("Kinovo", the "Company" or the "Group")

Result of Annual General Meeting

The Annual General Meeting of Kinovo plc was held on 28 August 2024 at 12:00pm at the offices of Hudson Sandler, 25 Charterhouse Square, London.

All Resolutions, as set out in the Notice of Meeting dated 2 August 2024, were voted by way of a poll. Resolutions 1, 2 and 4  were duly passed at the AGM.

The Board notes that resolution 3 in respect of the re-appointment of Moore Kingston Smith LLP as auditors of the Company was not passed. The Board will make a further announcement confirming next steps as soon as practicably possible.

In addition, the Board notes that resolution 5 in respect of authorising the Long Term Incentive Plan (on an advisory basis), resolutions 6 in respect of authorising the Directors to allot shares in the Company and resolutions 7 and 8, in respect of authorising the directors to disapply pre-emption rights, were not passed and that a significant proportion had voted against these resolutions. The Board will continue to engage in discussions with shareholders to better understand their views.

The number of votes cast for and against each of the resolutions proposed, and the number of votes withheld were as follows:

Resolution	Votes for	%	Votes against	%	Votes withheld
Resolution 1 (Ordinary) To receive the report and accounts for the year ended 31 March 2024 together with the Diretcors' reports and audior's report on those accounts.	25,010,672	100	0	0	0
Resolution 2 (Ordinary) To re-appoint Sangita Shah as a director of the Company.	24,993,326	99.93	17,346	0.07	0
Resolution 3 (Ordinary) To re-appoint Moore Kingston Smith LLP as auditors of the Company.	8,401,218	33.59	16,609,454	66.41	0
Resolution 4 (Ordinary) To authorise the Directors to determine the fees payable to the auditor.	25,010,672	100	0	0	0
Resolution 5 (Ordinary) To authorise the Long Term Incentive Plan.	8,215,446	32.85	16,794,259	67.15	967
Resolution 6 (Ordinary) To authorise the Directors to allot shares in the Company.	8,394,025	33.56	16,615,680	66.44	967
Resolution 7 (Special) To disapply pre-emption rights generally.	8,206,615	32.81	16,803,090	67.19	967
Resolution 8 (Special) To disapply pre-emption rights pursuant to allotments to finance acquisitions and capital investments.	8,213,791	32.84	16,795,914	67.16	967

As at 28 August 2024, there were 63,291,315 ordinary shares in issue. Shareholders are entitled to one vote per share. Votes withheld are not votes in law and so have not been included in the calculation of the proportion of votes for and against a resolution.

The full text of each resolution is available in the Notice of Annual General Meeting, published on our website.

Enquiries

Kinovo plc
Sangita Shah, Non-Executive Chair David Bullen, Chief Executive Officer	+44 (0)20 7796 4133 (via Hudson Sandler)
Canaccord Genuity Limited  (Nominated Adviser and Sole Broker)	+44 (0)20 7523 8000
Adam James Andrew Potts Harry Rees
Hudson Sandler  (Financial PR) Dan de Belder Harry Griffiths	+44 (0)20 7796 4133

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

RAGSESESAELSESA