The following amendment has been made to the 'Result of Meetings' announcement released on 06 April 2018 at 10.35 a.m. under RNS No 1102K. The only amendments have been made to correct Resolution 1 votes against from 0.01% to 0.00% and Resolution 13 votes in favour from 90.96% to 90.56% and votes against from 9.44% to 9.04%.
All other details remain unchanged. The full amended text is shown below.
6 April 2018
XP Power Limited
("XP Power" or "the Company")
Result of Annual General Meeting
The Annual General Meeting of XP Power Limited was held at 401 Commonwealth Drive, Haw Par Technocentre, Lobby B, #02-02, Singapore 149598 on 6 April 2018, commencing at 5.00 p.m. Singapore time. All resolutions were unanimously passed by show of hands.
For information, the following table shows the total votes cast by proxy voting. The total number of shares in issue was 19,242,296.
Resolution number |
Resolution description |
In Favour |
|
Against |
|
Withheld |
|
|
|
Votes |
% |
Votes |
% |
Votes |
|
1 |
To receive and adopt the reports and audited accounts |
12,056,214 |
100.00% |
0 |
0.00% |
920 |
|
2 |
To approve the final dividend |
12,056,214 |
100.00% |
0 |
0.00% |
0 |
|
3 |
To re-elect Duncan Penny |
12,055,714 |
100.00% |
0 |
0.00% |
500 |
|
4 |
To re-elect Polly Williams |
10,840,429 |
97.20% |
312,658 |
2.80% |
903,127 |
|
5 |
To re-elect Peter Bucher |
11,152,033 |
100.00% |
544 |
0.00% |
903,627 |
|
6 |
To re-elect Gavin Griggs |
12,051,952 |
99.97% |
3,762 |
0.03% |
500 |
|
7 |
To re-elect James Peters |
11,885,945 |
98.71% |
154,748 |
1.29% |
15,521 |
|
8 |
To re-elect Terry Twigger |
11,152,033 |
100.00% |
554 |
0.00% |
903,627 |
|
9 |
To re-elect Mike Laver |
12,052,452 |
99.97% |
3,762 |
0.03% |
0 |
|
10 |
To re-elect Andy Sng |
12,052,452 |
99.97% |
3,762 |
0.03% |
0 |
|
11 |
Reappoint auditors |
12,009,543 |
99.62% |
45,671 |
0.38% |
0 |
|
12 |
Remuneration of auditors |
12,054,500 |
99.99% |
714 |
0.01% |
1,000 |
|
13 |
Approval of remuneration report |
9,637,881 |
90.56% |
1,005,189 |
9.04% |
1,413,144 |
|
14 |
To increase the borrowing limits |
11,944,992 |
99.08% |
110,722 |
0.92% |
500 |
|
15 |
Authority to allot shares |
11,896,106 |
98.67% |
160,108 |
1.33% |
0 |
|
16 |
To authorize the disapplication of pre-emption righst |
11,895,320 |
98.67% |
159,894 |
1.33% |
1,000 |
|
17 |
Authority for the Company to purchase its own shares |
12,011,023 |
99.63% |
45,191 |
0.37% |
0 |
|
Note: Percentage of votes cast excludes withheld votes
Enquiries:
XP Power
Duncan Penny, Chief Executive Officer +44 (0)118 976 5086
Gavin Griggs, Chief Financial Officer +44 (0)118 976 5154
