2026 Annual General Meeting - Result of voting
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Flowtech Fluidpower plc ('the Company') held its Annual General Meeting (AGM) at 10.00 am today (19 June 2026) at the Company's Registered Office and also provided the ability of a view-only virtual event via the Investor Meet Company platform (IMC).
All Resolutions, as set out in the Notice of Meeting dated 27 May 2026, were duly passed.
In relation to Resolution 10, (giving authority for Directors to issue shares in the Company) a limited number of the Company's shareholders voted against this resolution. The Board takes seriously its responsibilities to maintain a constructive dialogue with shareholders and will engage with them to better understand their views.
The AGM was compliant with legal requirements for the AGM in accordance with the Company's Articles of Association. It had the necessary quorum present and was purely functional and comprised only of the formal votes for each Resolution.
Shareholders were able to submit questions regarding the business or matters relating to the AGM business prior to the AGM via the Company website as detailed in the Notice of Meeting. No questions were submitted ahead of the AGM by shareholders via the Company investor hub, details shown below. Questions raised during the AGM can be viewed as part of the AGM webcast which will be available on the IMC platform or the Company's investor hub in due course.
The table below shows the proxy position of all Resolutions:
| Total votes lodged: 50,986,919 Total number of shares in issue: 81,436,377 | For | Against | Withheld | ||
|---|---|---|---|---|---|
| Number of votes | % | Number of votes | % | ||
| Resolution 1 To receive the Company's annual accounts, strategic report and Directors' and Auditor's reports for the year ended 31 December 2025. | 50,297,625 | 98.58 | 689,294 | 1.35 | 0 |
| Resolution 2 To reappoint Mike England as a Director of the Company. | 50,191,208 | 98.44 | 757,779 | 1.49 | 37,932 |
| Resolution 3 To reappoint Stuart Watson as a Director of the Company. | 50,191,208 | 98.44 | 757,779 | 1.49 | 37,932 |
| Resolution 4 To reappoint Russell Cash as a Director of the Company. | 50,764,221 | 99.57 | 184,766 | 0.36 | 37,932 |
| Resolution 5 To reappoint Ailsa Webb as a Director of the Company. | 50,187,443 | 98.44 | 761,544 | 1.49 | 37,932 |
| Resolution 6 To reappoint Jamie Brooke as a Director of the Company. | 43,670,795 | 92.45 | 3,430,472 | 7.28 | 3,885,652 |
| Resolution 7 To reappoint Roger McDowell as a Director of the Company. | 43,516,083 | 92.32 | 3,585,184 | 7.61 | 3,885,652 |
| Resolution 8 To reappoint Cooper Parry Group Limited as Auditors of the Company. | 50,866,331 | 99.70 | 117,905 | 0.23 | 2,683 |
| Resolution 9 To authorise the Directors to determine the remuneration of the Auditors. | 50,974,683 | 99.91 | 10,005 | 0.02 | 2,231 |
| Resolution 10 Pursuant to section 551 of the Act, the Directors are generally and unconditionally authorised to allot Relevant Securities; (i.e. shares in the Company or rights to subscribe for or convert any security into shares in the Company). | 33,598,016 | 65.85 | 17,388,903 | 34.08 | 0 |
| Resolution 11 Pursuant to section 701 of the Act, the Company is generally and unconditionally authorised to make market purchases of ordinary shares in the capital of the Company. (representing up to a maximum of 8,143,638, c.10% of the issued share capital). | 47,465,289 | 93.03 | 3,521,630 | 6.90 | 0 |
- Ordinary shareholders are entitled to one vote per share held
- Total voting rights: As at 19 May 2026 (being the last practicable date before the Notice of Meeting publication) the Company's issued share capital consists of: (i) 81,436,377 ordinary shares of £0.05 each, and (ii) 63,275,173 deferred shares of £0.45 each and having no voting rights.
| 4. The Annual Report and Financial Statements for the period ended 31 December 2025, together with the Notice of Meeting, are available to view at Investor Hub | Flowtech | |
| 5. News updates, regulatory news, and financial statements can be viewed and downloaded from the Group's investor hub, Reports And Key Documents | Investor Hub | Flowtech. Copies can also be requested from: The Company Secretary, Flowtech Fluidpower plc, Bollin House, Bollin Walk, Wilmslow, SK9 1DP. |
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