22 September 2023
SysGroup plc
("SysGroup" or "Company")
Results of Annual General Meeting
SysGroup plc (AIM:SYS), technology services provider of managed IT services, cyber security and cloud hosting, is pleased to announce that all of the resolutions set out in the Notice of AGM were passed by the requisite majority at the Company's AGM, held earlier today.
Details of the proxy votes received by the Company are as follows:
| | Resolution | Votes for | Votes Against | Total Votes received | Total Withheld Votes | ||
| | | Number of Votes | % | Number of Votes | % | | |
| 1 | To receive the Annual Report and Financial Statements for year ended 31 March 2023 | 31,737,756
| 99.98 | 250 | 0 | 31,738,006
| 0 |
| 2 | To re-appoint Michael Fletcher as a director | 31,737,756 | 99.98 | 250 | 0 | 31,738,006 | 0 |
| 3 | To re-appoint Martin Audcent as a director | 31,737,756 | 99.98 | 250 | 0 | 31,738,006 | 0 |
| 4 | To appoint Heejae Chae as a director | 31,737,881
| 99.98 | 125 | 0 | 31,738,006 | 0 |
| 5 | To re-appoint BDO LLP as auditors and to fix their remuneration | 31,737,631
| 99.98 | 375 | 0 | 31,738,006 | 0 |
| 6 | To authorise the Directors to allot shares in the Company pursuant to section 551 of the Companies Act 2006 ("2006 Act") | 31,737,631
| 99.98 | 375 | 0 | 31,738,006 | 0 |
| 7 | To authorise the disapplication of statutory pre-emption rights under section 570 of the Companies Act 2006* | 31,564,326 | 99.43 | 173,680 | 0.55 | 31,738,006 | 0 |
| 8 | To authorise the Company to make market purchases of its own shares in accordance with section 701 of the 2006 Act* | 31,564,451 | 99.43 | 173,555 | 0.55 | 31,738,006 | 0 |
*Special resolution
Notes:
1. Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.
2. Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.
3. 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".
4. The number of shares in issue on 22 September 2023 was 51,496,084 with 2,561,394 shares in treasury.
5. The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Group's website at https://www.sysgroup.com/about-us/investors
| For further information please contact:
SysGroup plc Heejae Chae, Executive Chairman Martin Audcent, Chief Financial Officer |
Tel: 0151 559 1777
|
|
Liberum (Nomad and Broker) Edward Mansfield Matt Hogg |
Tel: 0203 100 2000 |
|
Josh Royston Matthew Young |
Tel: 07780 901 979 |
About SysGroup
SysGroup is a multi-award-winning technology solutions provider that creates value through technology transformation. Our mission is to supercharge the UK mid-market and we have built our business around our customers' challenges, enabling them to drive productivity, increase their resilience, mitigate risk and become more sustainable. Our bespoke solutions are at the forefront of technology innovation, combining world-class, green technology infrastructure with cutting-edge expertise and best-in-breed partners.
The Group has offices in Bristol, Edinburgh, Liverpool, London, Manchester and Newport.
For more information, visit http://www.sysgroup.com
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