Auction Technology Group PLC

AGM Information • Jan 30, 2024

National Storage Mechanism | Additional information

RNS Number : 4138B

Auction Technology Group PLC

30 January 2024

LEI: 213800U8Q9K2XI3WRE39

30 January 2024

Auction Technology Group plc (the "Company")

Result of Annual General Meeting

The Annual General Meeting of the Company was held at the offices of Travers Smith LLP, 10 Snow Hill, London EC1A 2AL on 30 January 2024.

All resolutions were duly passed on a poll and the results of each resolution were as follows:

Resolution	For (%)	Against (%)	Votes withheld	Total votes cast	Percentage of issued share capital voted (%)
1.   To receive the reports of the Directors and the Auditor and the audited accounts for the financial year ended 30 September 2023	112,324,248	0	60,253	112,324,248	92.33
2.   To approve the Directors' remuneration report	110,421,634	1,957,664	5,203	112,379,298	92.37
3.   To re-elect Breon Corcoran as a Director	109,082,161	3,044,210	258,130	112,126,371	92.17
4.   To re-elect John-Paul Savant as a Director	112,359,228	24,513	760	112,383,741	92.38
5.   To re-elect Tom Hargreaves as a Director	112,333,060	29,745	21,696	112,362,805	92.36
6.   To re-elect Scott Forbes as a Director	108,338,652	4,045,084	765	112,383,736	92.38
7.   To re-elect Morgan Seigler as a Director	112,360,272	23,469	760	112,383,741	92.38
8.   To re-elect Pauline Reader as a Director	112,094,494	279,071	10,936	112,373,565	92.37
9.   To re-elect Suzanne Baxter as a Director	112,108,206	275,535	760	112,383,741	92.38
10. To re-elect Tamsin Todd as a Director	112,108,106	275,635	760	112,383,741	92.38
11. To appoint Ernst & Young LLP as Auditor to the Company	112,373,527	684	10,290	112,374,211	92.37
12. To authorise the Directors to determine the remuneration of the Auditor	112,377,680	1,618	5,203	112,379,298	92.37
13. To authorise the Company to make political donations	111,869,338	515,047	116	112,384,385	92.38
14.  To authorise the Directors to allot shares or grant subscription or conversion rights under section 551 Companies Act 2006	111,018,413	1,365,969	119	112,384,382	92.38
15.  To disapply statutory pre-emption rights under section 570 of the Companies Act 2006 (general)	107,420,067	4,922,191	42,243	112,342,258	92.34
16.  To further disapply statutory pre-emption rights under section 570 of the Companies Act 2006 (in connection with an acquisition or specified capital investment)	97,327,766	15,018,075	38,660	112,345,841	92.35
17.  To authorise the Company to make market purchases of its own shares	112,376,153	1,501	6,847	112,377,654	92.37
18.  To authorise the calling of a general meeting other than an Annual General Meeting on not less than 14 clear days' notice	111,301,528	1,079,590	3,383	112,381,118	92.38

Notes:

(i)      Votes 'For' include those votes giving the Chair discretion.

(ii)     The number of ordinary shares in issue on 30 January 2024 was 121,655,018.  Shareholders are entitled to one vote per share. 

(iii)    A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes validly cast.

Full details of the resolutions are set out in the Notice of Annual General Meeting dated 14 December 2023, which is available on the Company's website at www.auctiontechnologygroup.com/investors/.  The complete poll results will be available shortly on the Investor Relations section of the Company's website. 

Resolutions 1 to 14 were ordinary resolutions, requiring more than 50 per cent. of shareholders' votes to be cast in favour of the resolutions. Resolutions 15 to 18 were special resolutions, requiring at least 75 per cent. of shareholders' votes to be cast in favour of the resolutions.

In accordance with paragraph 9.6.2 of the Listing Rules, a copy of all the resolutions passed other than ordinary business at the Annual General Meeting has been submitted to the Financial Conduct Authority via the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

For further information contact:

Teneo Communications (public relations advisor to ATG)

Tom Murray, Matt low, Arthur Rogers

+44 207 353 4200 ATG@teneo.com

ATG

For investor enquiries investorrelations@auctiontechnologygroup.com

For media enquiries press@auctiontechnologygroup.com

Company Secretary cosec@auctiontechnologygroup.com

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