21 January 2025
NANOCO GROUP
PLC
("Nanoco", the
"Group", or the "Company")
Annual
General Meeting - Voting Results
Nanoco Group plc (LSE: NANO), a world leader in the development and manufacture
of cadmium-free quantum dots and other specific nanomaterials
emanating from our technology platform, is
pleased to announce that all resolutions proposed at its AGM were
duly passed.
As previously announced, Jalal
Bagherli has now been appointed Non-Executive Chairman of Nanoco
Group PLC. Christopher Richards stepped down as Non-Executive
Chairman at the end of the Annual General Meeting.
|
|
Votes For
i)
|
Votes Against
i)
|
Votes Withheld
ii)
|
|
|
Votes
|
% of
total votes cast
|
% of
total voting rights
|
Votes
|
% of
total votes cast
|
% of
total voting rights
|
Votes
|
% of
total voting rights
|
|
Ordinary Resolution 1
|
62,087,248
|
99.9%
|
31.9%
|
76,294
|
0.1%
|
0.0%
|
105,609
|
0.1%
|
|
Ordinary Resolution 2
|
62,019,209
|
99.8%
|
31.9%
|
133,268
|
0.2%
|
0.1%
|
116,674
|
0.1%
|
|
Ordinary Resolution 3
|
62,005,983
|
99.8%
|
31.9%
|
140,499
|
0.2%
|
0.1%
|
122,669
|
0.1%
|
|
Ordinary Resolution 4
|
61,829,333
|
99.7%
|
31.8%
|
167,765
|
0.3%
|
0.1%
|
272,053
|
0.1%
|
|
Ordinary Resolution 5
|
48,301,809
|
77.8%
|
24.8%
|
13,760,503
|
22.2%
|
7.1%
|
206,839
|
0.1%
|
|
Ordinary Resolution 6
|
57,151,338
|
92.1%
|
29.4%
|
4,900,914
|
7.9%
|
2.5%
|
216,899
|
0.1%
|
|
Ordinary Resolution 7
|
57,102,204
|
92.0%
|
29.3%
|
4,960,108
|
8.0%
|
2.5%
|
206,839
|
0.1%
|
|
Ordinary Resolution 8
|
50,859,219
|
82.0%
|
26.1%
|
11,182,406
|
18.0%
|
5.7%
|
227,526
|
0.1%
|
|
Ordinary Resolution 9
|
50,850,433
|
82.0%
|
26.1%
|
11,182,962
|
18.0%
|
5.7%
|
235,756
|
0.1%
|
|
Ordinary Resolution 10
|
61,850,931
|
99.7%
|
31.8%
|
172,123
|
0.3%
|
0.1%
|
246,097
|
0.1%
|
|
Ordinary Resolution 11
|
50,737,248
|
81.8%
|
26.1%
|
11,296,303
|
18.2%
|
5.8%
|
235,600
|
0.1%
|
|
Ordinary Resolution 12
|
50,613,301
|
81.6%
|
26.0%
|
11,415,294
|
18.4%
|
5.9%
|
240,556
|
0.1%
|
|
Ordinary Resolution 13
|
48,038,962
|
80.7%
|
24.7%
|
11,495,954
|
19.3%
|
5.9%
|
2,734,235
|
1.4%
|
|
Ordinary Resolution 14
|
47,975,762
|
80.6%
|
24.7%
|
11,531,154
|
19.4%
|
5.9%
|
2,780,235
|
1.4%
|
|
Ordinary Resolution 15
|
48,105,701
|
80.8%
|
24.7%
|
11,449,936
|
19.2%
|
5.9%
|
2,713,514
|
1.4%
|
|
Special Resolution 16
|
46,054,166
|
77.4%
|
23.7%
|
13,419,896
|
22.6%
|
6.9%
|
2,795,089
|
1.4%
|
|
Special Resolution 17
|
46,054,170
|
77.4%
|
23.7%
|
13,424,893
|
22.6%
|
6.9%
|
2,790,088
|
1.4%
|
|
Special Resolution 18
|
58,395,313
|
98.4%
|
30.1%
|
966,402
|
1.6%
|
0.5%
|
2,670,493
|
1.4%
|
|
Special Resolution 19
|
60,395,313
|
97.2%
|
31.0%
|
1,766,999
|
2.8%
|
0.9%
|
106,839
|
0.1%
|
|
Special Resolution 20
|
48,297,897
|
81.2%
|
24.8%
|
11,191,165
|
18.8%
|
5.8%
|
2,780,089
|
1.4%
|
Full details of each resolution were
set out in the Notice of Annual General Meeting which is available
on the Company's website at www.nanocotechnologies.com.
In accordance with Listing Rule 9.6.2, copies of all the
resolutions passed as special business at the Annual General
Meeting have been submitted to the National Storage Mechanism and
will shortly be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Notes to
Result of AGM
The Board would like to thank
shareholders for their engagement and support ahead of the AGM and
throughout the year. While the majority of the Resolutions were
passed with significant majorities in favour, the Board notes that
Resolutions 5, 16 and 17 passed with a majority of less than
80.0%.
The Board notes that the majority of
votes against the above resolutions were received on behalf of one
investor, representing c.5.7% of the Company's issued share
capital. Due to votes only being received on behalf of 32.0% of the
Company's issued share capital, this 5.7% shareholder represented
17.7% of votes cast.
In accordance with provision 4 of
the UK Corporate Governance Code (the "Code"), the Board confirms
that it will consult and engage with the relevant shareholders to
understand and discuss their views with respect to these
Resolutions. An update will be provided within six months of the
AGM, in accordance with the Code.
i) The issued share
capital of Nanoco Group PLC on 31 December 2024 was 194,608,038
ordinary shares with voting rights.
ii) A "vote withheld" is
not a vote in law and is not counted in the calculation of the
percentages of the votes cast "For" and "Against" a
resolution.
