⌘K
t
Concurrent Technologies Plc held its Annual General Meeting on 12 June 2025 at 2:00pm. All 16 resolutions, comprising 13 ordinary and 3 special resolutions, were passed on a poll by members. This included the re-appointment of directors and auditor, the declaration of a final dividend of 1.1 pence per Ordinary Share for the financial year ended 31 December 2024, and authorization for directors to allot securities and make market purchases of the company's own shares.
| Date | 13 Jun 2025 |
| Time | 07:00:08 |
| Category | AGMs and other meetings |
| ID | 6817M |
13 June 2025
Concurrent Technologies Plc
Results of Annual General Meeting
The Annual General Meeting of Concurrent Technologies Plc was held at 4 Gilberd Court, Colchester, Essex, CO4 9WN on 12 June 2025 at 2:00pm.
All 16 resolutions put to members were passed on a poll. Resolutions 1 - 13 were passed as ordinary resolutions and resolutions 14 - 16 were passed as special resolutions.
The number of votes cast for and against each of the resolutions proposed, and the number of votes withheld were as follows:
|
Resolution |
Votes for |
% |
Votes against |
% |
Votes withheld |
|
Resolution 1 (Ordinary) To receive the Annual Report and Accounts of the Company for the financial year ended 31 December 2024. |
31,183,362 |
100.00 |
0 |
0.00 |
43,175 |
|
Resolution 2 (Ordinary) To accept the Directors' Remuneration Report for the financial year ended 31 December 2024 as set out in the Company's Annual Report and Accounts. |
31,077,085 |
96.45 |
1,144,839 |
3.55 |
48,862 |
|
Resolution 3 (Ordinary) To accept the Directors' Remuneration Policy to take effect immediately following the AGM. |
31,071,295 |
96.44 |
1,147,499 |
3.56 |
51,992 |
|
Resolution 4 (Ordinary) To re-appoint Mr. Mark Cubitt as a Director of the Company. |
31,212,833 |
96.85 |
1,014,778 |
3.15 |
43,175 |
|
Resolution 5 (Ordinary) To re-appoint Mr. Brent Salgat as a Director of the Company. |
31,150,494 |
99.89 |
32,868 |
0.11 |
43,175 |
|
Resolution 6 (Ordinary) To re-appoint Dr. Miles John Adcock as a Director of the Company. |
31,151,480 |
99.90 |
31,882 |
0.10 |
43,175 |
|
Resolution 7 (Ordinary) To re-appoint Mr. Nathaniel Edington as a Director of the Company. |
31,171,052 |
99.96 |
12,310 |
0.04 |
43,175 |
|
Resolution 8 (Ordinary) To re-appoint Mrs. Kim Garrod as a Director of the Company. |
31,150,980 |
99.90 |
32,382 |
0.10 |
43,175 |
|
Resolution 9 (Ordinary) To re-appoint Mrs. Isabel Urquhart as a Director of the Company. |
30,169,566 |
96.75 |
1,013,796 |
3.25 |
43,175 |
|
Resolution 10 (Ordinary) To re-appoint Haysmac LLP as auditor of the Company. |
31,167,663 |
99.95 |
15,699 |
0.05 |
43,175 |
|
Resolution 11 (Ordinary) To authorise the Directors to determine the fees payable to the auditor. |
31,168,663 |
99.95 |
14,699 |
0.05 |
43,175 |
|
Resolution 12 (Ordinary) To declare a final dividend of 1.1 pence per Ordinary Share for the financial year ended 31 December 2024. |
31,183,375 |
100.00 |
0 |
0.00 |
43,162 |
|
Resolution 13 (Ordinary) To authorise the Directors to allot securities in line with the limits set out in the AGM Notice. |
29,664,441 |
95.18 |
1,501,923 |
4.82 |
60,173 |
|
Resolution 14 (Special) To authorise the Directors to, subject to resolution 13, allot Equity Securities for cash as if section 561 of CA 2006 did not apply as set out in the AGM Notice. |
29,898,076 |
95.94 |
1,266,823 |
4.06 |
61,638 |
|
Resolution 15 (Special) To authorise the Directors to, subject to resolution 13 and in addition to resolution 14, allot Equity Securities for financing as if section 561 of Act did not apply as set out in the AGM Notice. |
29,957,362 |
96.12 |
1,209,660 |
3.88 |
59,515 |
|
Resolution 16 (Special) To authorise the Company to make market purchase of the Company's own shares in accordance with the terms set out in the AGM Notice. |
31,076,557 |
99.74 |
81,818 |
0.26 |
68,162 |
As at 12 June 2025, there were 86,391,211 ordinary shares in issue. Shareholders are entitled to one vote per share. Votes withheld are not votes in law and so have not been included in the calculation of the proportion of votes for and against a resolution.
The full text of each resolution is available in the Notice of Annual General Meeting, published on our website.
Enquiries:
|
Concurrent Technologies Plc Kim Garrod - CFO |
+44 (0)1206 752626
|
|
Alma Strategic Communications Hannah Campbell |
+44 (0)20 3405 0205
|
|
Cavendish Capital Markets Limited (NOMAD) Peter Lynch
|
+44 (0)131 220 9772 |
About Concurrent Technologies Plc
Concurrent Technologies Plc develops and manufactures high-end embedded Plug In Cards and Systems for use in a wide range of high performance, long life cycle applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets, including applications within extremely harsh environments. The processor products feature Intel® processors, including the latest generation embedded Intel® Core™ processors, Intel® Xeon® and Intel Atom™ processors. The products are designed to be compliant with industry specifications and support many of today's leading embedded Operating Systems. The products are sold world-wide.
For more information on Concurrent Technologies Plc and its products please visit https://concurrent.tech.