TIDMGHT

RNS Number : 0104L

Gresham Technologies PLC

10 May 2022

10 May 2022

Gresham Technologies plc

Result of Annual General Meeting

Gresham Technologies plc (LSE: "GHT", "Gresham", "Company"), the leading software and services company that specialises in providing solutions for data integrity and control, banking integration, payments and cash management, announces that all the resolutions set out in the Notice of Annual General Meeting ("AGM") dated 29 March 2022 were duly passed by shareholders by means of a poll vote at today's AGM.

The results of the poll for each resolution are set out below:

 
 No.   Resolution            For          % For     Against      % Against   Withheld   % Withheld   Total 
                                                                                                      % Instructed 
       Report and 
        Financial 
 01     Statements           59,905,723   100.00%   0            0.00%       0          0.00%        71.86% 
      --------------------  -----------  --------  -----------  ----------  ---------  -----------  -------------- 
 02    Final Dividend        59,905,723   100.00%   0            0.00%       0          0.00%        71.86% 
      --------------------  -----------  --------  -----------  ----------  ---------  -----------  -------------- 
       Remuneration 
 03     Report               45,698,087   76.28%    14,207,636   23.72%      0          0.00%        71.86% 
      --------------------  -----------  --------  -----------  ----------  ---------  -----------  -------------- 
       Reappoint 
 04     Auditors             59,902,723   99.99%    3,000        0.01%       0          0.00%        71.86% 
      --------------------  -----------  --------  -----------  ----------  ---------  -----------  -------------- 
       Auditors 
 05     Remuneration         59,902,073   99.99%    3,650        0.01%       0          0.00%        71.86% 
      --------------------  -----------  --------  -----------  ----------  ---------  -----------  -------------- 
 06    Peter Simmonds        59,898,561   99.99%    7,162        0.01%       0          0.00%        71.86% 
      --------------------  -----------  --------  -----------  ----------  ---------  -----------  -------------- 
       Jennifer 
 07     Knott                58,174,655   97.11%    1,731,068    2.89%       0          0.00%        71.86% 
      --------------------  -----------  --------  -----------  ----------  ---------  -----------  -------------- 
 08    Ruth Wandhöfer   59,897,273   99.99%    8,450        0.01%       0          0.00%        71.86% 
      --------------------  -----------  --------  -----------  ----------  ---------  -----------  -------------- 
 09    Andrew Balchin        59,897,911   99.99%    7,812        0.01%       0          0.00%        71.86% 
      --------------------  -----------  --------  -----------  ----------  ---------  -----------  -------------- 
 10    Ian Manocha           59,902,723   99.99%    3,000        0.01%       0          0.00%        71.86% 
      --------------------  -----------  --------  -----------  ----------  ---------  -----------  -------------- 
 11    Thomas Mullan         59,902,723   99.99%    3,000        0.01%       0          0.00%        71.86% 
      --------------------  -----------  --------  -----------  ----------  ---------  -----------  -------------- 
 12    Allot Shares          59,901,773   99.99%    3,650        0.01%       300        0.00%        71.86% 
      --------------------  -----------  --------  -----------  ----------  ---------  -----------  -------------- 
       Articles 
 13     Amendments           59,901,033   99.99%    4,390        0.01%       300        0.00%        71.86% 
      --------------------  -----------  --------  -----------  ----------  ---------  -----------  -------------- 
       Pre-emption 
 14     Rights               59,898,273   99.99%    7,150        0.01%       300        0.00%        71.86% 
      --------------------  -----------  --------  -----------  ----------  ---------  -----------  -------------- 
       Pre-emption 
        Rights - 
 15     Acquisitions         59,901,773   99.99%    3,650        0.01%       300        0.00%        71.86% 
      --------------------  -----------  --------  -----------  ----------  ---------  -----------  -------------- 
 16    Market Purchases      59,902,423   99.99%    3,000        0.01%       300        0.00%        71.86% 
      --------------------  -----------  --------  -----------  ----------  ---------  -----------  -------------- 
       General 
 17     Meetings             59,899,223   99.99%    3,000        0.01%       3,500      0.01%        71.86% 
      --------------------  -----------  --------  -----------  ----------  ---------  -----------  -------------- 
 

Notes:

-- The full text of each of the resolutions is contained in the Notice of Annual General Meeting dated 29 March 2022, which is available on the Company's website at https://www.greshamtech.com .

-- Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.

-- A "Withheld" vote is not a vote in law and is not counted in the calculation of the proportion of the votes cast "For" or "Against" a resolution.

-- The proportion of "Total % Instructed" is the total of votes instructed for that resolution (i.e. the total votes "For", "Against" and "Withheld" for that resolution) expressed as a percentage of the issued share capital.

-- The issued share capital of the Company as at 10 May 2022 was 83,364,458 ordinary shares of 5p each. No shares are held in treasury.

In accordance with Listing Rule 9.6.2R, a copy of the resolutions passed will shortly be submitted to the National Storage Mechanism and will be available to view at https://data.fca.org.uk/#/nsm/nationalstoragemechanism . A copy will also be made available on the Company's website at https://www.greshamtech.com .

The Board notes that there was significant support for all of the resolutions, except for Resolution 3, which relates to the approval of the Directors' Remuneration Report, which was passed but received a vote of over 20% against the resolution. The Board welcomes shareholder views and feedback on all aspects of the Annual Report and Accounts, including the subject of remuneration. Based on the proxy votes lodged in advance, the Board has already conducted some preliminary consultations in this regard and, in accordance with the FRC Code of Corporate Governance, will be undertaking further consultation with major shareholders. An update of this engagement will be published within six months, and a final summary included in the Company's Annual Report for the 2022 Financial Year.

Enquiries

 
                                                   +44 (0) 207 653 
Gresham Technologies plc                            0200 
Ian Manocha / Tom Mullan 
 
 
Singer Capital Markets (Financial Adviser and      +44 (0) 207 496 
 Broker)                                            3000 
Shaun Dobson / Tom Salvesen / Jen Boorer 
 
 
                                                   +44 (0) 203 405 
Alma PR                                             0205 
Josh Royston / Hilary Buchanan / Hannah Campbell 
 

Note to editors

Gresham Technologies plc is a leading software and services company that specialises in providing real-time solutions for data integrity and control, banking integration, payments and cash management. Listed on the main market of the London Stock Exchange (GHT.L) and headquartered in the City of London, its customers include some of the world's largest financial institutions and corporates, all of whom are served locally from offices located in the UK, Europe, North America and Asia Pacific.

Gresham's award-winning Clareti software platform is a highly flexible and scalable platform, available on-site or in the cloud, designed to address today's most challenging financial control, risk management, data governance and regulatory compliance problems. Learn more at www.greshamtech.com.

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May 10, 2022 13:00 ET (17:00 GMT)

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