KITWAVE GROUP PLC

AGM Information • Mar 28, 2025

National Storage Mechanism | Additional information

RNS Number : 7347C

Kitwave Group PLC

28 March 2025

28 March 2025

Kitwave Group plc

("Kitwave", the "Group" or the "Company")

Result of AGM

Kitwave Group plc (AIM: KITW), the delivered wholesale business, confirms that all the resolutions put to the shareholders at the Annual General Meeting ("AGM") held earlier today were duly passed.

A breakdown of proxy votes lodged prior to the meeting for each resolution is set out below and will also be made available on the Group's website at: https://www.kitwave.co.uk/investors/documents/#circulars

Resolutions	For*	% For	Against	% Against	Vote withheld**	Total votes cast
1. Annual report and accounts for the financial year ended 31 October 2024	57,776,931	99.99	1,511	0.01	1,715,910	57,778,442
2. Declaration of final dividend	59,493,218	99.99	580	0.01	554	59,493,798
3. Re-election of David Brind as a director	59,485,340	99.99	6,995	0.01	2,017	59,492,335
4. Re-election of Benjamin Maxted as a director	59,440,992	99.91	51,343	0.09	2,017	59,492,335
5. Re-election of Gerard Murray as a director	59,484,849	99.99	7,486	0.01	2,017	59,492,335
6. Re-election of Teresa Octavio as a director	59,485,340	99.99	6,995	0.01	2,017	59,492,335
7. Re-election of Stephen Smith as a director	58,121,970	97.70	1,370,365	2.30	2,017	59,492,335
8. Re-appointment of auditor	59,306,081	99.99	1,702	0.01	186,569	59,307,783
9. Auditor's remuneration	59,485,963	99.99	2,331	0.01	6,058	59,488,294
10. Director's authority to allot shares	59,437,707	99.91	50,957	0.09	5,688	59,488,664
11. ***Dis-application of pre-emption rights	57,727,833	97.04	1,759,920	2.96	6,599	59,487,753
12. ***Dis-application of pre-emption rights for specified capital investment or acquisition	56,631,378	95.20	2,856,375	4.80	6,599	59,487,753
13. ***Authority to purchase own shares	59,213,827	99.99	1,642	0.01	278,883	59,215,469
14. Authority to make political donations or incur political expenditure	51,091,168	91.36	4,830,558	8.64	3,572,626	55,921,726

* The votes "for" figures include those votes at the discretion of the Chairman.

** A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes 'for' or 'against' a resolution.

*** Special resolutions requiring a 75% majority.

- Ends -

For further information please contact:

Kitwave Group plc Ben Maxted, Chief Executive Officer David Brind, Chief Financial Officer www.kitwave.co.uk	Tel: +44 (0) 191 259 2277
Canaccord Genuity Limited (Nominated Adviser and Sole Broker) Bobbie Hilliam Elizabeth Halley-Stott	Tel: +44 (0) 20 7523 8150
Yellow Jersey PR (Financial media and PR) Charles Goodwin Shivantha Thambirajah Bessie Elliot kitwave@yellowjerseypr.com	Tel: +44 (0) 20 3004 9512

Company Overview

Founded in 1987, following the acquisition of a single-site confectionery wholesale business based in North Shields, United Kingdom, Kitwave is a delivered wholesale business, specialising in selling and delivering impulse products, frozen, chilled and fresh foods, alcohol, groceries and tobacco to approximately 46,000, mainly independent, customers.

With a network of 37 depots, Kitwave is able to support delivery throughout the UK to a diverse customer base, which includes independent convenience retailers, leisure outlets, vending machine operators, foodservice providers and other wholesalers, as well as leading national retailers. 

The Group's growth to date has been achieved both organically and through a strategy of acquiring smaller, predominantly family-owned, complementary businesses in the fragmented UK grocery and foodservice wholesale market.

Kitwave Group plc (AIM: KITW) was admitted to trading on AIM of the London Stock Exchange on 24 May 2021.

For further information, please visit: www.kitwave.co.uk .

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