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3 June 2025
Maintel Holdings Plc
Result of Annual General Meeting
The Annual General Meeting of Maintel Holdings Plc was held at the offices of Hudson Sandler, 25 Charterhouse Square, London, EC1M 6AE on 3 June 2025 at 10:30 a.m.
All 13 resolutions were put to members via a poll. Resolutions 1 to 10 were passed as ordinary resolutions and Resolution 13 was passed as a special resolution. Resolutions 11 and 12 did not pass 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 together with the Directors' reports and auditor's report on those accounts. |
9,161,420 |
78.56 |
2,500,794 |
21.44 |
0 |
|
Resolution 2 (Ordinary) To receive the report of the Remuneration Committee (other than the section containing the directors' remuneration policy) for the year ended 31 December 2024 |
6,443,420 |
55.25 |
5,218,794 |
44.75 |
0 |
|
Resolution 3 (Ordinary) To elect Robert Beveridge as a director of the Company. |
6,446,820 |
100.00 |
0 |
0.00 |
5,215,394 |
|
Resolution 4 (Ordinary) To elect Angus McCaffery as a director of the Company. |
4,780,538 |
65.65 |
2,500,794 |
34.35 |
2,718,000 |
|
Resolution 5 (Ordinary) To re-elect Clare Bates as a director of the Company. |
6,433,123 |
71.92 |
2,511,091 |
28.08 |
2,718,000 |
|
Resolution 6 (Ordinary) To re-elect Daniel Davies as a director of the Company. |
8,944,214 |
100.00 |
0 |
0.00 |
2,718,000 |
|
Resolution 7 (Ordinary) To re-elect Gabriel Pirona as a director of the Company. |
6,446,820 |
100.00 |
0 |
0.00 |
5,215,394 |
|
Resolution 8 (Ordinary) To re-appoint RSM UK Audit LLP as auditor of the Company to hold office until the conclusion of the next general meeting at which accounts are laid before the Company. |
9,149,770 |
78.46 |
2,512,444 |
21.54 |
0 |
|
Resolution 9 (Ordinary) To authorise the directors to determine the fees payable to the auditor. |
9,164,820 |
100.00 |
0 |
0.00 |
2,497,394 |
|
Resolution 10 (Ordinary) To authorise the directors to allot equity securities pursuant to section 551 of the Companies Act 2006, as set out in the Notice of Meeting. |
6,443,420 |
55.25 |
5,218,794 |
44.75 |
0 |
|
Resolution 11 (Special) To authorise, subject to the passing of resolution 10, the directors to allot equity securities for cash as if section 561 of the Companies Act 2006 did not apply, as set out in the Notice of Meeting. |
6,431,535 |
55.15 |
5,230,679 |
44.85 |
0 |
|
Resolution 12 (Special) To authorise, subject the passing of resolution 10 and in addition to resolution 11, the directors to allot equity securities for cash as if section 561 of the Companies Act 2006 did not apply, as set out in the Notice of Meeting. |
6,431,535 |
55.15 |
5,230,679 |
44.85 |
0 |
|
Resolution 13 (Special) To authorise the purchase by the Company of its own shares. |
11,650,564 |
99.90 |
11,650 |
0.10 |
0 |
As at 3 June 2025, there were 14,361,492 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.
The Board notes that a significant proportion of votes have been cast against the majority of the resolutions. As this concerns the full spectrum of resolutions submitted to a vote, the Board is committed to determine the sentiment of all of our major shareholders and will undertake a full consultation to fully understand their views. Should any outcomes of this consultation require public announcement, the Board will do so as necessary.
For further information, please contact:
|
Maintel Holdings PLC |
Tel: 0344 871 1122 |
|
Dan Davies, Chief Executive Officer Gab Pirona, Chief Financial Officer |
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|
Cavendish (Nomad and Broker) |
Tel: 020 7220 0500 |
|
Jonny Franklin-Adams / Hamish Waller (Corporate Finance) Sunila de Silva (Corporate Broking)
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|
Hudson Sandler (Financial PR) |
Tel: 020 7796 4133 |
|
Wendy Baker / Nick Moore |
Maintel Holdings Plc held its Annual General Meeting (AGM) on June 3, 2025, where its members voted on 13 resolutions via a poll. Resolutions 1 to 10 and Resolution 13 were passed, including the re-election of five directors, the re-appointment of RSM UK Audit LLP as auditor, and the authorization for the Company to purchase its own shares. Resolutions 11 and 12, concerning the directors' authority to allot equity securities for cash, did not pass.
| Date | 3 Jun 2025 |
| Time | 17:32:26 |
| Category | AGMs and other meetings |
| ID | 2890L |