⌘K
t
Tan Delta Systems Plc held its Annual General Meeting (AGM) on 18 June 2025, at which all 11 proposed resolutions were duly passed by shareholders. These resolutions included the appointment of Joy Alvarez and John Higginbottom as Directors, the re-appointment of Timothy Croston, Christopher Greenwood, and Simon Tucker as Directors, and the re-appointment of Haysmac LLP as auditors. Votes for each resolution ranged from 99.7% to 100.0% of validly cast votes, with 73,223,800 ordinary shares in issue as of the AGM date.
| Date | 18 Jun 2025 |
| Time | 14:56:47 |
| Category | AGMs and other meetings |
| ID | 4416N |
Tan Delta Systems Plc
("Tan Delta" or the "Company")
Result of Annual General Meeting
The Annual General Meeting of Tan Delta was held at 1.00 p.m. on 18 June 2025 (the "AGM"). All of the resolutions proposed at the AGM were duly passed by shareholders.
Details of votes cast for each of the resolutions were as follows:
|
Resolution |
Votes for |
% |
Votes against |
% |
Votes withheld |
|
(1) To receive and adopt the Company's annual accounts |
15,394,465 |
100.0% |
0 |
0.0% |
38,461 |
|
(2) To appoint Joy Alvarez as a Director |
15,392,542 |
99.7% |
40,384 |
0.3% |
0 |
|
(3) To re-appoint Timothy Croston as a Director |
15,392,542 |
99.7% |
40,384 |
0.3% |
0 |
|
(4) To re-appoint Christopher Greenwood as a Director |
15,392,542 |
99.7% |
40,384 |
0.3% |
0 |
|
(5) To appoint John Higginbottom as a Director |
15,392,542 |
99.7% |
40,384 |
0.3% |
0 |
|
(6) To re-appoint Simon Tucker as a Director |
11,518,542 |
99.7% |
40,384 |
0.3% |
1,937,000 |
|
(7) To re-appoint Haysmac LLP as auditors to the Company |
15,394,465 |
99.8% |
38,461 |
0.2% |
0 |
|
(8) To authorise the Directors to determine the remuneration of the auditors |
15,394,465 |
99.8% |
38,461 |
0.2% |
0 |
|
(9) To authorise the Directors to allot relevant securities |
15,392,542 |
99.8% |
38,461 |
0.2% |
1,923 |
|
(10) To authorise the Directors to allot equity securities for cash* |
15,390,619 |
99.7% |
42,307 |
0.3% |
0 |
|
(11) To authorise the Directors to allot equity securities for cash in certain circumstances* |
15,394,465 |
99.8% |
38,461 |
0.2% |
0 |
* Special resolution
Notes to the above disclosures:
(1) Any proxy appointments, which gave discretion to the Chairman have been included in the 'For' votes total.
(2) Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.
(3) A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against".
As at 18 June 2025, there were 73,223,800 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, contained in the 2024 Annual Report and Accounts, published on the Company's website.
For enquiries, please contact:
|
Tan Delta Systems plc |
Tel: +44 (0) 845 094 8710 |
|
|
Chris Greenwood, CEO |
|
|
|
John Higginbottom, CFO |
|
|
|
|
|
|
|
Zeus (Nominated Adviser & Broker) |
Tel: +44 (0) 203 829 5000 |
|
|
James Hornigold, David Foreman, Ed Beddows (Investment Banking) |
|
|
|
Nick Searle (Sales) |
|
|
Notes to editors:
Tan Delta Systems PLC provides equipment monitoring technologies and solutions that use real time oil analysis to enable material reductions in maintenance costs, improve reliability and reduce carbon footprint.