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Saietta Group Plc announced the results of its General Meeting held on 17 November 2023. All resolutions were passed, including the receipt of the financial report for the period ended 31 March 2023 and the reappointment of the Company's auditors. The total proxy votes received for each resolution amounted to 63,018,213 against total voting rights of 102,917,675.
| Date | 17 Nov 2023 |
| Time | 18:05:12 |
| Category | AGMs and other meetings |
| ID | 8953T |
Friday 17 November 2023
Saietta Group Plc
("Saietta", the "Company" or the "Group")
Results of General Meeting
Saietta Group plc (AIM: SED), the electric vehicle drivetrain ("eDrive") specialist, announces the results of voting at its General Meeting, held today at 11.00 am at the offices of Fieldfisher LLP, Riverbank House, 2 Swan Lane, London EC4R 3TT to consider resolutions to receive the report and accounts for the financial period ended 31 March 2023 and the reappointment of the Company's auditors.
All resolutions were duly passed on a show of hands. The full text of each resolution was included in the Company's Notice of General Meeting posted to shareholders on 24 October 2023.
A summary of the proxy votes received by the Company are as follows:
|
Resolution |
For |
Against |
Discretion to Chairman |
Withheld |
Total |
|
01 |
61,195,098 |
593,786 |
Nil |
1,229,329 |
63,018,213 |
|
02 |
62,182,929 |
279,940 |
Nil |
555,344 |
63,018,213 |
|
03 |
62,731,573 |
274,774 |
Nil |
11,866 |
63,018,213 |
Total Voting Rights: 102,917,675
-Ends-
For any further enquiries, please contact:
|
Saietta Group Tony Gott, Executive Chair David Woolley, Chief Executive Officer
|
|
|
Canaccord Genuity (Nomad and Broker) Henry Fitzgerald-O'Connor / Harry Pardoe |
0207 523 8000 |
|
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|
About Saietta Group plc
Listed on the London Stock Exchange's AIM, Saietta is a global business that designs, develops and manufactures complete electric drivetrain (eDrive) solutions for established manufacturers of a broad range of electric vehicles.
Saietta's breakthrough proprietary technologies include AFT (Axial Flux Technology) and RFT (Radial Flux Technology) motors, power electronics, powertrain controls, mechanical axles, transmissions and vehicle control units. Considerable flexibility is built into the core design, meaning solutions can be quickly and cost effectively tailored to a specific application.
Saietta works in a highly collaborative way with clients, driven by the belief that partnership is key to delivering world-class tailored solutions at pace. Saietta's engineering team takes time to deeply understand a client's brand, target market sector, competition and the services they require. Then Saietta develops a bespoke suite of products and services to fast-track the client to production with eDrive solutions which deliver a sustainable competitive advantage.