General Meeting Result

ECO Animal Health Group plc (AIM: EAH), a rapidly growing global animal health company with a portfolio of marketed veterinary products and a maturing proprietary R&D pipeline, announces that at its General Meeting held earlier today ("GM") the special resolution proposed to the meeting to allow the Company to make market purchases of its own shares was duly passed.

Proxy votes received in relation to the resolution were as follows:

As previously announced the Company disposed of certain surplus freehold properties and received net proceeds of £1,058,454. The board stated that it intends to use the majority of these proceeds to advance the growth aspirations of ECO. The Board also announced that it intends to use some of the proceeds to purchase ordinary shares of the Company ("Ordinary Shares") in the market to cover possible future vesting of employee share-based incentives. The authority conferred by this resolution will be used to purchase a maximum of 270,000 Ordinary Shares in the market which is expected to cost no more than £300,000.

In addition, in the remaining weeks before the close of the financial year ending 31 March 2024, the Company intends to issue a trading update.

David Hallas, CEO of ECO, commented: "We are pleased to have received approval from our shareholders enabling us to pursue this one-off share purchase. The Board agreed that now is the optimal time to use proceeds from our recent property disposals to purchase shares that will be used to satisfy share based staff incentives."