Discoverie Group PLC

AGM Information • Jul 29, 2021

National Storage Mechanism | Additional information

RNS Number : 9687G

discoverIE Group plc

29 July 2021

29 July 2021

discoverIE Group plc

Results of Annual General Meeting

discoverIE Group plc (LSE: DSCV, "discoverIE" or "The Group"), a leading international designer, manufacturer and supplier of customised electronics to industry, announces that, at the Annual General Meeting held earlier today, all resolutions were approved.  The following levels of proxy votes were received:

	Resolution	Votes For		Votes Against		Withheld
1	Receipt and Adoption of Financial Statements	73,063,418	100.00%	0	0.00%	238,000
2	Approval of Directors' Remuneration Report	71,560,905	97.78%	1,623,000	2.22%	117,513
3	Approval of Directors' Remuneration Policy	69,269,506	94.65%	3,914,398	5.35%	117,514
4	Re-election of Malcolm Diamond	71,705,603	98.14%	1,356,920	1.86%	238,895
5	Re-election of Nick Jefferies	73,113,493	99.74%	187,031	0.26%	894
6	Re-election of Simon Gibbins	73,300,524	100.00%	0	0.00%	894
7	Re-election of Bruce Thompson	73,196,857	99.86%	103,667	0.14%	894
8	Re-election of Tracey Graham	73,196,682	99.86%	104,294	0.14%	442
9	Election of Clive Watson	73,111,202	99.74%	189,322	0.26%	894
10	Re-appointment of Auditor	73,049,259	99.66%	248,511	0.34%	3,648
11	Authority to fix Auditor's Remuneration	73,289,120	99.99%	7,298	0.01%	5,000
12	Authority to Allot Shares	68,406,214	93.32%	4,893,852	6.68%	1,352
13	Additional Authority to Allot Shares	68,404,918	93.32%	4,895,148	6.68%	1,352
14	Authority to Disapply Statutory Pre-Emption Rights	73,295,100	100.00%	3,269	0.00%	3,049
15	Additional Authority to Disapply Statutory Pre-Emption Rights (acquisition or specified capital investment)	72,639,046	99.10%	661,020	0.90%	1,352
16	Additional Authority to Allot Shares	67,396,293	91.95%	5,903,773	8.05%	1,352
17	Authority to Purchase Company's Own Shares	72,687,908	99.66%	245,019	0.34%	367,520
18	Notice of General Meetings	72,149,382	98.43%	1,150,694	1.57%	1,342
19	To authorise political donations	72,196,701	99.33%	486,668	0.67%	617,078
20	To approve the 2021 DiscoverIE Group plc Long Term Incentive Plan	72,937,817	99.66%	245,646	0.34%	117,955

As at today's date discoverIE Group plc has 89,455,915 ordinary shares in issue.

A copy of the resolutions approved by Shareholders will be placed on the National Storage Mechanism.

For further information, please contact:

discoverIE Group plc

Greg Davidson - Company Secretary     01483 544 500

Buchanan

Chris Lane, Toto Berger                         020 7466 5000

discoverIE@buchanan.uk.com

Notes to Editors:

discoverIE Group plc is an international group of businesses that designs, manufactures and supplies innovative components for electronic applications.

The Group provides application-specific components to original equipment manufacturers ("OEMs") internationally. By designing components that meet customers' unique requirements, which are then manufactured and supplied throughout the life of their production, a high level of repeating revenue is generated with long term customer relationships.

With a focus on key markets driven by structural growth and increasing electronic content, namely renewable energy, medical, transportation and industrial & connectivity, the Group aims to achieve organic growth that is well ahead of GDP and to supplement that with targeted complementary acquisitions. The Group has an ongoing commitment to reducing the impact of its operations on the environment, while its key markets are aligned with a sustainable future.

The Group employs c.4,600 people and its principal operating units are located in Continental Europe, the UK, China, Sri Lanka, India and North America.

The Group is listed on the Main Market of the London Stock Exchange and is in the top quartile of the FTSE Small Cap Index, classified within the Electrical Components and Equipment subsector, and has revenues of over £450m.

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