IP Group PLC — AGM Information 2023

Jun 15, 2023

National Storage Mechanism | Additional information

RNS Number : 8821C

IP Group PLC

15 June 2023

FOR RELEASE ON	# 15 June 2023

IP Group plc - Results of Annual General Meeting

The Annual General Meeting ("AGM") of IP Group plc was held earlier today. All of the Resolutions proposed at the AGM were passed by the appropriate majority on a poll.

IP Group plc Annual General Meeting Poll Results

	RESOLUTION	VOTES FOR	%	VOTES AGAINST	%	VOTES TOTAL	% of ISC VOTED	VOTES WITHHELD
1	To receive the Directors' Report, the Audited Statement of Accounts and Auditor's Report of the Company for the financial year ended 31 December 2022.	751,809,999	99.99	23,443	0.01	751,833,442	72.51	5,668,073
2	To approve the Directors' Remuneration Report for the year ended 31 December 2022.	643,188,184	85.99	104,756,327	14.01	747,944,511	72.13	9,557,004
3	To declare the final dividend for the year ended 31 December 2022.	757,477,036	99.99	14,488	0.01	757,491,524	73.05	9,991
4	To re-appoint KPMG LLP as auditor of the Company.	752,189,362	99.30	5,269,236	0.70	757,458,598	73.05	42,917
5	To authorise the Directors to fix the remuneration of KPMG LLP as auditor of the Company.	757,426,619	99.99	32,885	0.01	757,459,504	73.05	42,011
6	To elect Ms Anita Kidgell as Director of the Company.	731,948,592	96.65	25,401,836	3.35	757,350,428	73.04	151,087
7	To re-elect Mr David Baynes as a Director of the Company.	756,498,620	99.88	889,906	0.12	757,388,526	73.04	112,989
8	To re-elect Dr Caroline Brown as a Director of the Company.	749,339,961	98.94	8,049,464	1.06	757,389,425	73.04	112,090
9	To re-elect Mr Heejae Chae as Director of the Company.	719,168,838	94.95	38,217,371	5.05	757,386,209	73.04	115,306
10	To re-elect Sir Douglas Flint as a Director of the Company.	741,859,090	97.95	15,525,370	2.05	757,384,460	73.04	117,055
11	To re-elect Ms Aedhmar Hynes as a Director of the Company.	748,385,828	98.81	9,004,528	1.19	757,390,356	73.04	111,159
12	To re-elect Mr Greg Smith as a Director of the Company.	756,781,301	99.92	610,176	0.08	757,391,477	73.04	110,038
13	To re-elect Dr Elaine Sullivan as a Director of the Company.	736,275,915	97.88	15,952,050	2.12	752,227,965	72.54	5,273,550
14	To authorise the Directors to exercise all the powers of the Company to allot shares and grant rights to subscribe for or to convert any security into shares in the Company subject to the limits set out in the AGM notice.	750,480,664	99.08	6,960,298	0.92	757,440,962	73.05	60,553
15	To empower the Directors to allot equity securities for cash, or sell treasury shares, dis-applying statutory pre-emption rights subject to the limits set out in the AGM notice.	717,892,773	94.78	39,545,240	5.22	757,438,013	73.05	63,502
16	In addition to the authority granted under Resolution 15, to empower the Directors to allot equity securities in connection with an acquisition or other capital investment as if section 561(1) of the Companies Act 2006 ("Act") did not apply to any such allotment, subject to the limits set out in the AGM notice.	697,425,557	92.08	60,011,259	7.92	757,436,816	73.05	64,699
17	To authorise the Company and its subsidiaries to incur political expenditure (as defined in section 365 of the Act) not exceeding £50,000 in total.	721,657,544	95.27	35,833,896	4.73	757,491,440	73.05	10,075
18	To authorise the Company to make market purchases (as defined in section 693(4) of the Act) of the Company's ordinary shares, subject to the limits set out in the AGM notice.	750,533,731	99.11	6,776,371	0.89	757,310,102	73.03	191,413
19	To enable a general meeting other than an Annual General Meeting to be called on not less than 14 clear days' notice.	746,610,050	98.57	10,861,966	1.43	757,472,016	73.05	29,499

In accordance with Listing Rule 9.6.1, a copy of the Resolutions has been submitted to the National Storage Mechanism and will shortly be available for inspection at:www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism.  

For more information, please contact:

IP Group plc	www.ipgroupplc.com
Liz Vaughan-Adams, Communications	+44 (0) 20 7444 0062/+44 (0) 7979 853802

Portland
Vic Wallin Alex Donaldson	+44 (0) 7973 823119 +44 (0) 7516 729702

Notes for editors

About IP Group

IP Group accelerates the impact of science for a better future. As the most active UK based, early stage science investor, we develop and support some of the world's most exciting businesses in deeptech, life sciences and cleantech (led by Kiko Ventures). Through Parkwalk, the UK's largest growth EIS fund manager, we also back world-changing innovation emerging in leading universities and research institutions. Our specialist investment team combines sector expertise with an international approach. Together we have a strong track record of success, having backed high-profile companies including Oxford Nanopore Technologies plc, First Light Fusion, Hysata, and Oxbotica. IP Group is listed on the Main Market of the London Stock Exchange under the code IPO.

For more information, please visit our website at www.ipgroupplc.com.

ENDS

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