TIDMEKT

RNS Number : 5718F

Elektron Technology PLC

28 July 2016

Elektron Technology plc

("Elektron" or the "Company")

Result of Annual General Meeting ("AGM")

Elektron, the global technology group, announces that the resolutions put before the annual general meeting of the Company held today, 28(th) July 2016, were passed. The results of the poll on the resolutions are:

Resolution 1 - To receive the directors' annual report and accounts

For 100,644,493 (99.99%)

Against 2,649 (0.01%)

*Vote withheld 302,451

Resolution 2 - To receive and approve the directors' remuneration report

For 98,321,083 (97.42%)

Against 2,608,612 (2.58%)

*Vote withheld 19,898

Resolution 3 - To reappoint Deloitte LLP as auditor and to authorise the directors to fix the remuneration of the auditor

For 100,623,470 (99.99%)

Against 8,064 (0.01%)

*Vote withheld 318,059

Resolution 4 - To elect Giovanni Ciuccio as a director

For 98,356,416 (97.73%)

Against 2,287,712 (2.27%)

*Vote withheld 305,465

Resolution 5 - To re-elect Keith Daley as a director

For 98,351,710 (97.43%)

Against 2,589,812 (2.57%)

*Vote withheld 8,071

Resolution 6 - To re-elect Andy Weatherstone as a director

For 98,361,264 (97.73%)

Against 2,285,610 (2.27%)

*Vote withheld 302,719

Resolution 7 - To elect Peter Welch as a director

For 98,358,483 (97.73%)

Against 2,288,997 (2.27%)

*Vote withheld 302,113

Resolution 8 - To re-elect John Wilson as a director

For 98,351,675 (97.43%)

Against 2,589,847 (2.57%)

*Vote withheld 8,071

Resolution 9 - To give authority to allot a limited number of shares

For 98,336,554 (97.42%)

Against 2,607,468 (2.58%)

*Vote withheld 5,571

* A 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' or 'against' a resolution.

3,394,517 votes were rejected as the person purporting to cast them no longer had the right to vote as the rights attaching to the shares had vested in their trustee in bankruptcy following an order of Liverpool County Court on 7 June 2016.

Keith Daley, Chairman commented "The Board is very grateful for the overwhelming support of shareholders. We shall continue to focus on the creation of long term shareholder value".

For further information:

 
                                                    +44 (0) 1223 371 
 Elektron Technology www.elektron-technology.com                 000 
 Andy Weatherstone - Chief Financial 
  Officer 
 Martin Reeves - Company Secretary 
 
 finnCap (Nominated Adviser and                       +44 (0)20 7220 
  Broker)                                                       0500 
 Ed Frisby/Scott Mathieson (Corporate 
  Finance) 
 Malar Velaigam (Corporate Broking)

Notes to Editors

Elektron conceives, designs and markets innovative engineered products and services for businesses that connect, monitor and control

We have a multi skilled team of engineers, software and product line specialists based in Cambridge focused on the opportunities created by global trends in the following areas:

      --      New waves of "aware" business applications: Checkit 
      --      Demand for ubiquitous power and data: Bulgin 
      --      Growth in high precision manufacture: Queensgate

In addition, Elektron owns a portfolio of well-established products and brands that provide cash flow as well as customer access and feedback.

Elektron Technology plc's shares are admitted to trading on the AIM market of the London Stock Exchange (AIM: EKT).

This information is provided by RNS

The company news service from the London Stock Exchange

END

RAGAKFDPQBKDQOB

(END) Dow Jones Newswires

July 28, 2016 10:56 ET (14:56 GMT)

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