Velocity Composites PLC Result of AGM
11 March 2025 - 11:15PM
RNS Regulatory News
RNS Number : 2232A
Velocity Composites PLC
11 March 2025
11 March 2025
Velocity Composites
plc
("Velocity", the "Company", the "Group")
Results of Annual General
Meeting
Velocity Composites plc (AIM:
VEL.L), the leading supplier of composite material kits to
aerospace and other high-performance manufacturers, announces that
the resolutions put to Shareholders at the Annual General Meeting
of the Company held earlier today were duly passed.
The votes cast at the Annual General
Meeting, including proxy votes, were as follows:
|
Resolution Number
|
Number of Votes
For
|
% of Votes
For
|
Number of Votes
Against
|
% of Votes
Against
|
Number of Votes
Withheld
|
|
1
|
22,849,381
|
100.00%
|
Nil
|
0.00%
|
3,076
|
|
2
|
22,417,638
|
98.25%
|
400,212
|
1.75%
|
34,607
|
|
3
|
22,656,514
|
99.84%
|
35,792
|
0.16%
|
160,151
|
|
4
|
22,659,214
|
99.17%
|
189,417
|
0.83%
|
3,826
|
|
5
|
22,658,788
|
99.85%
|
33,518
|
0.15%
|
160,151
|
|
6
|
22,659,214
|
99.85%
|
33,092
|
0.15%
|
160,151
|
|
7
|
22,665,101
|
99.88%
|
27,955
|
0.12%
|
159,401
|
|
8
|
22,666,101
|
99.32%
|
156,325
|
0.68%
|
30,031
|
|
9
|
22,610,760
|
98.96%
|
238,621
|
1.04%
|
3,076
|
|
10
|
17,910,585
|
98.46%
|
279,840
|
1.54%
|
4,662,032
|
|
11
|
18,140,985
|
98.70%
|
239,040
|
1.30%
|
4,472,432
|
|
12
|
Resolution withdrawn
|
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" and resolution.
Enquiries:
|
Velocity Composites plc
Andy Beaden, Chairman
Jon Bridges, Chief Executive
Officer
Rob Smith, Group Chief Financial
Officer
|
+44 (0)
1282 577577
|
|
Canaccord Genuity Limited
Nominated Adviser and Joint Broker
Max Hartley
George Grainger
|
+44 (0) 20
7523 8000
|
|
Dowgate Capital Limited
Joint Broker
Russell Cook
Nick Chambers
|
+44 (0) 20
3903 7715
|
|
SEC
Newgate
Financial Communications
Robin Tozer
George Esmond
Harry Handyside
|
+44
(0)7540 106 366
velocity@secnewgate.co.uk
|
About Velocity Composites
plc
Based in Burnley, UK, Velocity is
the leading supplier of composite material kits to aerospace, that
reduce costs and improve sustainability. Customers include
Airbus, Boeing, and GKN.
By using Velocity's proprietary
technology, manufacturers can also free up internal resources to
focus on their core business. Velocity has significant
potential for expansion, both in the UK and abroad, including into
new market areas, such as wind energy, urban air mobility and
electric vehicles, where the demand for composites is expected to
grow.
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