19 December 2024
Sabien Technology Group plc
("Sabien" or the "Company")
Result of Annual General Meeting
Sabien (AIM: SNT), a leading provider of energy reduction technologies, is pleased to confirm that at the Company's Annual General Meeting ("AGM") held earlier today, all resolutions were passed. Full details of the results of the AGM will in due course be published on the Company's website.
As a result of resolutions being passed today Admission can now proceed. In line with the Company's announcement on 19 November 2024 Admission will become effective and that dealings in the 1,396,248 new Ordinary Shares will commence on AIM at 8.00 a.m. on or around 23 December 2024.
Changes to Director shareholdings in the Company
Following the issue of the 1,396,248 new Ordinary Shares, the board of directors of Sabien (the "Board" or the "Directors"), including persons closely associated with them, will hold the following shareholdings in the Company.
| Director | Position | No. of new Ordinary Shares issued | Total Ordinary Shares held on Admission | Percentage of enlarged share capital of Admission |
| Richard Parris | Executive Chairman
| 490,463 | 6,393,422 | 25.55 |
| Edward Sutcliffe
| Chief Financial Officer | 184,589 | 184,589 | 0.74 |
| Charles Goodfellow | Non-Executive Director | 179,487 | 279,487
| 1.12 |
| Ranald McGregor-Smith | Non-Executive Director | 269,230
| 269,230
| 1.08 |
Terms used but not defined in this announcement have the same meaning as those set out in the Company's announcement released at 7.00am on 19 November 2024.
|
For further Information, please contact:
Sabien Technology Group plc Richard Parris, Executive Chairman
|
+44 20 7993 3700 investors@sabien.com |
| Allenby Capital Limited (Nominated Adviser) John Depasquale / Nick Harriss / Vivek Bhardwaj
|
+44 203 328 5656
|
| Peterhouse Capital Limited (Broker) Duncan Vasey / Lucy Williams
|
+44 207 469 0930 |
About Sabien Technology Group plc
Sabien Technology Group plc provides energy reduction solutions designed to help businesses achieve their sustainability goals, with a particular focus on reducing energy consumption and carbon emissions.
The Sabien Technology Group plc holds the Green Economy Mark from the London Stock Exchange, recognising companies generating over 50% of their revenues from sustainable products and services.
Website: www.sabien.com
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