CRIMSON TIDE PLC

AGM Information • Jun 30, 2020

National Storage Mechanism | Additional information

RNS Number : 5503R

Crimson Tide PLC

30 June 2020

Post AGM announcement

Crimson Tide plc

("Crimson Tide" or the "Company")

Result of AGM 2020 and trading update

The board is pleased to announce that at today's AGM all resolutions were duly passed on a poll; the full results are set out below.  At the same meeting Barrie Whipp, Founder & Chairman, commented:

"In a more normal environment, I would say a few words at our physical AGM though under the circumstances that is clearly not possible.

"Crimson Tide continues to build on its successful start to 2020 and is seeing little impact from COVID-19 to its business plan. Many of our clients are in key verticals such as supermarkets, rail and the NHS.

Our team is expanding and we are focused on a concentrated pipeline, which we are confident will continue to fuel our long term contracted revenue book. We look forward with optimism. The Company is well positioned for the full year and beyond and we thank shareholders for their continued support."

The AGM was not attended by any non-board shareholders.

Ordinary Resolutions	Votes for	%	Votes against	%	Total votes instructed	% of issued share capital voted	Votes withheld
1) To receive the report and accounts of the Company for the year ended 31 December 2019	189,041,704	100	0	0	189,041,704	41.3	0
2) To re-appoint Messrs Shipleys LLP as Auditor and authorise the Directors to fix their remuneration	189,041,704	100	0	0	189,041,704	41.3	0
3) To re-appoint BRJ Whipp as a Director of the Company	189,041,704	100	0	0	189,041,704	41.3	0
4) To re-appoint LA Jeffrey as a Director of the Company	189,041,704	100	0	0	189,041,704	41.3	0
5) To re-appoint GB Ashley as a Director of the Company	189,041,704	100	0	0	189,041,704	41.3	0
6) To re-appoint SK Goodwin as a Director of the Company.	189,041,704	100	0	0	189,041,704	41.3	0
7) To re-appoint PM Hurter as a Director of the Company.	189,041,704	100	0	0	189,041,704	41.3	0

1.      Each shareholder present in person, or by proxy, was entitled to one vote per share held.

2.      Proxy votes which gave discretion to the Chair of the Annual General Meeting have been included in the 'For' total of the appropriate resolution.

3.      A 'Vote Withheld' is not a vote in law and is not counted in the calculation of the proportion of the votes 'For' and 'Against' any resolution nor in the calculation of the proportion of 'Total Votes Instructed' for any resolution.

4.      Votes 'For' and 'Against' any resolution are expressed as a percentage of votes validly cast for that resolution.

5.      At the close of business on 29 June 2020 the total number of ordinary shares in issue was 457,486,234 and at that time, the Company did not hold any shares in treasury.

The full text of the resolutions is available for inspection on the Company's website

http://crimsontide.co.uk/wp-content/uploads/2020/06/2020-AGM-Notice-and-Proxy-Form.pdf

Enquiries:

Crimson Tide plc Barrie Whipp / Luke Jeffrey	01892 542444
finnCap Ltd (Nominated Adviser and Broker) Julian Blunt / James Thompson - Corporate Finance Andrew Burdis - Corporate Broking	020 7220 0500

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