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Watchstone Group PLC
AGM Information • Jun 27, 2025
10328_rns_2025-06-27_3bf855da-42c7-45bc-9071-1b2c6c5e85c4.html
AGM Information
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National Storage Mechanism | Additional information 
RNS Number : 7711O
Watchstone Group PLC
27 June 2025
Watchstone Group plc
( " Watchstone " or the "Company")
RESULT OF ANNUAL GENERAL MEETING
Watchstone Group plc's 2025 AGM was held earlier today, and all resolutions proposed were duly passed as follows:
| Resolution | Votes for | % | Votes against | % | Votes total | % of ISC voted | Votes withheld |
| 1 | 25,008,300 | 98.88 | 282,060 | 1.12 | 25,290,360 | 54.93% | 5,590 |
| 2 | 24,986,853 | 98.80 | 303,028 | 1.20 | 25,289,881 | 54.93% | 6,069 |
| 3 | 24,984,955 | 98.80 | 302,817 | 1.20 | 25,287,772 | 54.93% | 8,178 |
| 4 | 24,983,753 | 98.80 | 303,469 | 1.20 | 25,287,222 | 54.93% | 8,728 |
| 5 | 25,163,649 | 99.49 | 128,318 | 0.51 | 25,291,967 | 54.94% | 3,983 |
| 6 | 25,162,662 | 99.49 | 129,053 | 0.51 | 25,291,715 | 54.94% | 4,235 |
| 7 | 25,149,485 | 99.49 | 128,317 | 0.51 | 25,277,802 | 54.91% | 18,148 |
The proposed reduction of the Company's share premium account ("Share Premium Reduction") and a proposed return of cash to Shareholders ("Return of Cash") as approved by resolution 5 remain subject to Court approval.
At the AGM, resolution 6 was passed which approved the cancellation of the admission of the Company's ordinary shares to trading on the AQSE Growth Market. Pursuant to the AQSE Access Rulebook, the Company is required to give 20 business days' notice of its intention to withdraw from trading on AQSE.
It is proposed that the last day of trading in the Ordinary Shares on Aquis will be 31 July 2025 and that the Cancellation will take effect at 7.00 a.m. on 1 August 2025.
EXPECTED TIMETABLE (subject to Court approval)
| Event | Date |
| Directions hearing | 21 July 2025 |
| Court Hearing to confirm the Share Premium Reduction | 5 August 2025 |
| Record date (if approved) | 5 August 2025 |
| Registration of Court Order and Effective Date of Return of Cash | 6 August 2025 |
| Dispatch of cheques to Shareholders or Shareholders' CREST accounts credited (as appropriate) in respect of Return of Cash entitlements | On or around 14 August 2025 |
Notes:
These dates are estimates only, being subject to agreement of hearing dates with the Court. Any changes will be notified to Shareholders by an announcement on the Regulatory News Service.
All times are London time.
For further information:
| Watchstone Group plc [email protected] |
Tel: 03333 448048 |
| Zeus Capital, Financial Adviser and Broker Antonio Bossi / James Bavister |
Tel: 0203 829 5000 |
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