SIMEC Atlantis Energy Limited
Results of Annual General Meeting
SIMEC Atlantis Energy Limited (AIM: SAE, “Atlantis”, or the “Company”), the global developer, owner and operator of sustainable energy projects worldwide, announces that at the Company’s Annual General Meeting held this morning all of the resolutions were duly passed.
The results are set out below:
|Resolution||No of Votes||% of votes||No of Votes||% of votes||TOTAL VOTES||No of Votes|
|To receive the Audited Financial Statements, the Directors’ Statement and the Auditor’s Report for the year ended 31 December 2019.||349,803,351||100.00%||–||0.00%||349,803,351||–|
|To approve the Remuneration Report and Directors’ fees.||344,802,523||98.57%||5,000,828||1.43%||349,803,351||–|
|To appoint Ernst & Young LLP as Auditor.||349,803,351||100.00%||–||0.00%||349,803,351||–|
|To authorise the Directors to determine the Auditor’s remuneration.||349,803,351||100.00%||–||0.00%||349,803,351||–|
|To re-elect Mr George Jay Hambro as a Director.||309,717,167||98.41%||4,998,428||1.59%||314,715,595||35,087,756|
|To re-elect Mr Andrew Dagley as a Director.||349,803,351||100.00%||–||0.00%||349,803,351||–|
|To re-elect Mr Mark Elborne as a Director.||311,776,226||98.41%||5,027,135||1.59%||316,803,361||32,999,990|
|To authorise the Directors to allot and issue shares.||349,803,351||100.00%||–||0.00%||349,803,351||–|
|To disapply pre-emption rights.||344,769,216||98.56%||5,034,135||1.44%||349,803,351||–|
|Authority to grant options and awards under the Company’s Share Plans||349,774,644||99.99%||28,707||0.01%||349,803,351||–|
A “vote withheld” is not a vote in law and is not counted in the calculation of the proportion of the votes for and against the resolution.
|Investec Bank PLC||+44 (0) 20 7597 5970|
|SIMEC Atlantis Energy Limited||+44 (0) 7739 832 446|
|Sean Parsons, Director of External Affairs|
Notes to Editors
SIMEC Atlantis Energy
Atlantis is a global developer, owner and operator of sustainable energy projects with a diverse portfolio in various stages of development. This includes a 77 per cent. stake in the world’s largest tidal stream power project, MeyGen, 100 per cent. of the 220MW Uskmouth Power Station conversion project and 100 per cent. of Green Highland Renewables, a leading developer of mini-hydro projects.