NANOCO GROUP PLC

AGM Information • Jan 21, 2025

National Storage Mechanism | Additional information

RNS Number : 1646U

Nanoco Group PLC

21 January 2025

21 January 2025                                      NANOCO GROUP PLC

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

Annual General Meeting - Voting Results

Nanoco Group plc (LSE: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other specific nanomaterials emanating from our technology platform, is pleased to announce that all resolutions proposed at its AGM were duly passed.

As previously announced, Jalal Bagherli has now been appointed Non-Executive Chairman of Nanoco Group PLC. Christopher Richards stepped down as Non-Executive Chairman at the end of the Annual General Meeting. 

	Votes For i)			Votes Against i)			Votes Withheld ii)
	Votes	% of total votes cast	% of total voting rights	Votes	% of total votes cast	% of total voting rights	Votes	% of total voting rights
Ordinary Resolution 1	62,087,248	99.9%	31.9%	76,294	0.1%	0.0%	105,609	0.1%
Ordinary Resolution 2	62,019,209	99.8%	31.9%	133,268	0.2%	0.1%	116,674	0.1%
Ordinary Resolution 3	62,005,983	99.8%	31.9%	140,499	0.2%	0.1%	122,669	0.1%
Ordinary Resolution 4	61,829,333	99.7%	31.8%	167,765	0.3%	0.1%	272,053	0.1%
Ordinary Resolution 5	48,301,809	77.8%	24.8%	13,760,503	22.2%	7.1%	206,839	0.1%
Ordinary Resolution 6	57,151,338	92.1%	29.4%	4,900,914	7.9%	2.5%	216,899	0.1%
Ordinary Resolution 7	57,102,204	92.0%	29.3%	4,960,108	8.0%	2.5%	206,839	0.1%
Ordinary Resolution 8	50,859,219	82.0%	26.1%	11,182,406	18.0%	5.7%	227,526	0.1%
Ordinary Resolution 9	50,850,433	82.0%	26.1%	11,182,962	18.0%	5.7%	235,756	0.1%
Ordinary Resolution 10	61,850,931	99.7%	31.8%	172,123	0.3%	0.1%	246,097	0.1%
Ordinary Resolution 11	50,737,248	81.8%	26.1%	11,296,303	18.2%	5.8%	235,600	0.1%
Ordinary Resolution 12	50,613,301	81.6%	26.0%	11,415,294	18.4%	5.9%	240,556	0.1%
Ordinary Resolution 13	48,038,962	80.7%	24.7%	11,495,954	19.3%	5.9%	2,734,235	1.4%
Ordinary Resolution 14	47,975,762	80.6%	24.7%	11,531,154	19.4%	5.9%	2,780,235	1.4%
Ordinary Resolution 15	48,105,701	80.8%	24.7%	11,449,936	19.2%	5.9%	2,713,514	1.4%
Special Resolution 16	46,054,166	77.4%	23.7%	13,419,896	22.6%	6.9%	2,795,089	1.4%
Special Resolution 17	46,054,170	77.4%	23.7%	13,424,893	22.6%	6.9%	2,790,088	1.4%
Special Resolution 18	58,395,313	98.4%	30.1%	966,402	1.6%	0.5%	2,670,493	1.4%
Special Resolution 19	60,395,313	97.2%	31.0%	1,766,999	2.8%	0.9%	106,839	0.1%
Special Resolution 20	48,297,897	81.2%	24.8%	11,191,165	18.8%	5.8%	2,780,089	1.4%

Full details of each resolution were set out in the Notice of Annual General Meeting which is available on the Company's website at www.nanocotechnologies.com . In accordance with Listing Rule 9.6.2, copies of all the resolutions passed as special business at the Annual General Meeting have been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

Notes to Result of AGM

The Board would like to thank shareholders for their engagement and support ahead of the AGM and throughout the year. While the majority of the Resolutions were passed with significant majorities in favour, the Board notes that Resolutions 5, 16 and 17 passed with a majority of less than 80.0%. 

The Board notes that the majority of votes against the above resolutions were received on behalf of one investor, representing c.5.7% of the Company's issued share capital. Due to votes only being received on behalf of 32.0% of the Company's issued share capital, this 5.7% shareholder represented 17.7% of votes cast. 

In accordance with provision 4 of the UK Corporate Governance Code (the "Code"), the Board confirms that it will consult and engage with the relevant shareholders to understand and discuss their views with respect to these Resolutions. An update will be provided within six months of the AGM, in accordance with the Code.

i) The issued share capital of Nanoco Group PLC on 31 December 2024 was 194,608,038 ordinary shares with voting rights.

ii) A "vote withheld" is not a vote in law and is not counted in the calculation of the percentages of the votes cast "For" and "Against" a resolution.

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