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Pressure Technologies plc announced that all resolutions were passed at its General Meeting held on 13 June 2023. Shareholders approved the FY22 Annual Report and Accounts with 99.99% of votes cast in favour, and the Directors' remuneration report with 97.02% of votes cast in favour.
| Date | 13 Jun 2023 |
| Time | 11:40:49 |
| Category | AGMs and other meetings |
| ID | 5746C |
13 June 2023
Pressure Technologies plc
("Pressure Technologies")
Result of General Meeting
At the General Meeting of Pressure Technologies (AIM: PRES) held earlier today, all resolutions were duly passed.
The total votes were cast as follows:
|
Resolution |
For* |
% |
Against |
% |
Withheld** |
|
|
1 |
To receive and adopt the FY22 Annual Report and Accounts |
23,285,262
|
99.99 |
2,231
|
0.01 |
6,000
|
|
2 |
To approve the Directors' remuneration report as set out in the FY22 Report and Accounts |
18,765,348
|
97.02
|
576,898
|
2.98 |
3,950,247
|
* Any proxy appointments which gave discretion to the Chairman have been included in the 'For' votes total.
** A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes 'For' and 'Against' any of the resolutions.
At the date of the notice of the General Meeting the total number of shares in issue was 38,667,163.
For further information, please contact:
|
Pressure Technologies plc Chris Walters, Chief Executive Stephen Hammell, Chief Financial Officer
|
Tel: 0333 0015 0710 |
|
Singer Capital Markets (Nomad and Broker) Rick Thompson/Asha Chotai |
Tel: 0207 496 3000 |
|
Houston (Financial PR and Investor Relations) Kay Larsen / Ben Robinson |
Tel: 0204 529 0549 |
COMPANY DESCRIPTION
With its head office in Sheffield, Pressure Technologies was founded on its leading market position as a designer and manufacturer of high-integrity, safety-critical components and systems serving global supply chains in oil and gas, defence, industrial and hydrogen energy markets.
The Company has two divisions, Chesterfield Special Cylinders and Precision Machined Components.
Chesterfield Special Cylinders (CSC) - www.chesterfieldcylinders.com
● Chesterfield Special Cylinders, Sheffield, includes CSC Deutschland GmbH.
Precision Machined Components (PMC) - www.pt-pmc.com
● Precision Machined Components includes the Al-Met, Roota Engineering and Martract sites.