Tan Delta Systems Plc
("Tan Delta" or the "Company")
Result of Annual General Meeting
The Annual General Meeting of Tan Delta was held at 1.00 p.m. on 6 June 2024 ("AGM"). All of the resolutions proposed at the AGM were duly passed by shareholders on a poll.
Details of votes cast for each of the resolutions were as follows:
| Resolution | Votes for | % | Votes against | % | Votes withheld |
| (1) To receive and adopt the Company's annual accounts | 52,303,054
| 100 | Nil | Nil | Nil |
| (2) To re-appoint Joy Alvarez as a Director | 52,303,054
| 100 | Nil | Nil | Nil |
| (3) To re-appoint Timothy Croston as a Director | 52,303,054
| 100 | Nil | Nil | Nil |
| (4) To re-appoint Christopher Greenwood as a Director | 52,303,054
| 100 | Nil | Nil | Nil |
| (5) To re-appoint Stephen Johnson as a Director | 52,303,054
| 100 | Nil | Nil | Nil |
| (6) To re-appoint Simon Tucker as a Director | 52,303,054
| 100 | Nil | Nil | Nil |
| (7) To re-appoint Haysmacintyre LLP as auditors to the Company | 52,303,054
| 100 | Nil | Nil | Nil |
| (8) To authorise the Directors to determine the fees payable to the auditor | 52,303,054
| 100 | Nil | Nil | Nil |
| (9) To authorise the Directors to allot relevant securities | 52,303,054
| 100 | Nil | Nil | Nil |
| (10) To authorise the Directors to allot equity securities for cash* | 52,303,054
| 100 | Nil | Nil | Nil |
| (11) To authorise the Directors to allot equity securities for cash in certain circumstances* | 52,303,054
| 100 | Nil | Nil | Nil |
* Special resolution
Notes to the above disclosures:
(1) Any proxy appointments, which gave discretion to the Chairman have been included in the 'For' votes total.
(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".
As at 6 June 2024, there were 73,223,800 ordinary shares in issue. Shareholders are entitled to one vote per share. Votes withheld are not votes in law and so have not been included in the calculation of the proportion of votes for and against a resolution.
The full text of each resolution is available in the Notice of Annual General Meeting, contained in the 2023 Annual Report and Accounts, published on the Company's website.
For enquiries, please contact:
| Tan Delta Systems plc | Tel: +44 (0) 845 094 8710 | |
| Chris Greenwood, CEO | | |
| Steve Johnson, CFO | | |
| | | |
| Zeus (Nominated Adviser & Broker) | Tel: +44 (0) 203 829 5000 | |
| David Foreman, James Hornigold, Ed Beddows (Investment Banking) | | |
| Nick Searle (Sales) | | |
Notes to editors:
Tan Delta Systems PLC provides equipment monitoring technologies and solutions that use real time oil analysis to enable material reductions in maintenance costs, improve reliability and reduce carbon footprint.
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