Equipmake Holdings Plc

AGM Information • Jan 15, 2025

National Storage Mechanism | Additional information

RNS Number : 4822T

Equipmake Holdings PLC

15 January 2025

15 January 2025

Equipmake Holdings PLC

("Equipmake" or the "Company")

Result of Annual General Meeting ("AGM")

LEI: 213800NY1WGJ26E4HB59

Equipmake, the UK-based engineering specialist pioneering the development and production of electrification products across the automotive, aerospace, bus, and coach industries (AQSE:EQIP), announces that at its AGM held earlier today all the resolutions set out in the Notice of AGM were passed. All resolutions were voted on by way of a poll.  The results of the poll for each resolution were as follows:

Resolutions	Votes For	% For	Votes Against	% Against	% if ISC* voted	Votes Withheld
1: To receive the Annual Report and Financial Statements.	841,450,807	87.07	125,009,730	12.93	86.29	14,000
2 : To receive the remuneration report.	774,551,484	80.14	191,909,053	19.86	86.29	14,000
3: To r e-elect Ian Foley as a Director	841,450,807	87.07	125,009,730	12.93	86.29	14,000
4:  To re-elect Clive Scrivener a s a Director	841,443,661	87.06	125,016,876	12.94	86.29	14,000
5:  To re-elect Dena Bellamy as a Director	841,443,661	87.06	125,016,876	12.94	86.29	14,000
6: To elect Nicholas Moelders as a Director	841,443,661	87.06	125,016,876	12.94	86.29	14,000
7: To re-appoint Haysmac LLP as Auditor of the Company	841,443,661	87.07	125,009,730	12.93	86.28	21,146
8: To authorise the Board to determine the remuneration of the Company's Auditor	841,443,661	87.07	125,009,730	12.93	86.28	21,146
9: To authorise the Directors to allot ordinary shares.	841,413,807	87.06	125,046,730	12.94	86.29	14,000
10: To dis-apply pre-emption rights.**	783,030,474	81.02	183,393,063	18.98	86.28	51,000
11: To approve the purchase of the Company's own shares. **	761,362,572	85.9	125,009,730	14.1	79.14	80,102,235

*Issued share capital with voting rights

**Special resolution

Notes:

1.	All resolutions were passed.
2.	Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.
3.	Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.
4.	A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution.
5.	The number of shares in issue on 15 January 2025 was  1,120,074,565  ordinary shares, carrying one vote each, and at that time, the Company did not hold any shares in treasury.
6.	The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.equipmake.com .
7.	The scrutineer of the poll was Link Market Services Limited, the Company's Registrar.

DIRECTORATE CHANGE

At the conclusion of the AGM,  Jonathan Beasley retired from the Board and has stepped down as a Director of the Company. 

**ENDS**

For further information, please contact:  

Equipmake   Ian Foley, Founder and CEO  Laurence Moore, Company Secretary	Via St Brides Partners
VSA Capital Limited (Rule 3 and Financial Adviser, Aquis Corporate Adviser)  Simon Barton /Andrew Raca	Tel: +44 (0) 20 3005 5000
St Brides Partners (Financial PR Adviser)    Susie Geliher / Paul Dulieu /Will Turner	Tel: +44 (0) 20 7236 1177  equipmake@stbridespartners.co.uk

About Equipmake

Equipmake is a UK-based industrial technology company specialising in the engineering, development and production of electrification products to meet the needs of the automotive and other sectors in support of the transition from fossil-fuelled to zero-emission drivetrains. 

Equipmake is a leader in high performance technologically advanced electric motors, inverters and complete zero-emission electric drivetrains and power electronic systems. Equipmake has developed a vertically integrated offering providing fully bespoke solutions to its customers. The Company is focussed on accelerating traction with OEM and Tier 1 suppliers in relation to higher margin component and drivetrain supply under long-term growth contracts and securing high margin licencing transactions.

Key differentiators of the Company offerings are its advanced technology and performance, reliability and adherence to ASIL-D1 functional safety. Equipmake's advanced motor and inverter technology, featuring ASIL-D compliance, are designed to customers' highest Functional Safety standards. With decades of experience in electric drivetrain integration and a dedicated prototype vehicle testing facility, Equipmake can significantly accelerate product development for customers.

1 Automotive Safety Integrity Level ("ASIL") is a risk classification scheme defined by the ISO 26262 - Functional Safety for Road Vehicles standard and is a critical requirement for road vehicles. Of the four ASILs identified by the standard, ASIL-D dictates the highest integrity requirements on the product, which require exceptional rigour in their development.

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