Result of AGM
Updated : 14:00
Plexus Holdings PLC / Index: AIM / Epic: POS / Sector: Oil equipment & services
9 December 2024
Plexus Holdings PLC
('Plexus' or 'the Company')
Result of AGM
Plexus Holdings PLC, the AIM-traded wellhead services business, is pleased to announce that at the annual general meeting ("AGM") of the Company held earlier today, all resolutions were duly passed.
The table below shows the votes cast on the resolutions proposed at the Annual General Meeting:
Resolution Total | Total Votes For * | % For | Total Votes Against | % Against | Total Votes Cast | Votes Withheld** |
1 | 59,418,198 | 100.00% | 0 | 0.00% | 59,418,198 | 0 |
2 | 58,909,013 | 99.92% | 45,039 | 0.08% | 58,954,052 | 464,146 |
3 | 58,930,152 | 99.95% | 27,000 | 0.05% | 58,957,152 | 461,046 |
4 | 58,957,152 | 100.00% | 0 | 0.00% | 58,957,152 | 461,046 |
5 | 59,405,198 | 99.98% | 10,000 | 0.02% | 59,415,198 | 3,000 |
6 | 59,415,370 | 100.00% | 2,828 | 0.00% | 59,418,198 | 0 |
7 | 59,415,184 | 100.00% | 2,828 | 0.00% | 59,418,012 | 186 |
8 | 58,941,941 | 99.97% | 15,211 | 0.03% | 58,957,152 | 461,046 |
9 | 59,400,080 | 99.97% | 15,118 | 0.03% | 59,415,198 | 3,000 |
10 | 59,298,698 | 99.80% | 116,407 | 0.20% | 59,415,105 | 3,093 |
*Includes discretionary votes
**A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" or "Against" any of the resolutions
Further details of the resolutions approved at the AGM are set out in the Notice of AGM, which is available on the Company's website www.plexusplc.com.
ENDS
For further information please visit www.plexusplc.com or contact:
Plexus Holdings PLC Craig Hendrie, CEO Mike Park, CFO
| Tel: 01224 774222 |
Cavendish Capital Markets Limited Derrick Lee Adam Rae
| Tel: 0131 220 6939
|
St Brides Partners Ltd Isabel de Salis Paul Dulieu Will Turner | plexus@stbridespartners.co.uk
|
NOTES
Plexus Holdings plc (AIM: POS) is an IP-led company specialising in developing and providing wellhead systems and associated products and services for offshore operations.
Headquartered in Aberdeen, the company focuses on providing wellheads for Jack-up rig operations such as exploration and appraisal drilling, Plug & Abandonment work and emerging markets for Carbon Capture & Storage, hydrogen production and storage and geothermal. Plexus has a collaboration agreement with SLB to supply Exact adjustable wellhead systems for Jack-up applications and supports these operations with a range of proprietary equipment and tools, and project engineering services.
Plexus is known for its highly innovative POS-GRIP® wellhead technology and HG® metal-to-metal sealing systems, for which licences have been sold to major industry players such as SLB and TechnipFMC for limited applications. Plexus continues to develop products based on POS-GRIP technology for challenging surface production wellhead platforms, special projects and connector and subsea applications such as the Python® subsea wellhead system.
Plexus has always been at the forefront of innovation to reduce risk and improve performance in the energy industry, such as developing through-BOP wellhead systems which help to prevent blow-outs, and POS-GRIP "HG" Seals which are leak-free throughout field life and so reduce methane emissions and minimise maintenance costs. These innovations support the oil and gas industry's ESG and NetZero, and in recognition of this, Plexus was Awarded the London Stock Exchange's Green Economy Mark in 2021.
For more information visit: https://www.plexusplc.com/
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.