Result of General Meeting
Trifast plc announced that all resolutions presented at its General Meeting on October 14, 2026, were passed on a poll, with over 99.98% of votes in favour for each resolution, representing 71.47% of the issued share capital. These resolutions pertained to capitalizing a merger relief reserve, allotting a capital reduction share, cancelling this share and a portion of the share premium account subject to court confirmation, and adopting new Articles of Association. The capital reduction remains contingent on court confirmation, with key hearings scheduled for October 23 and November 17, 2026.
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Trifast plc ("Trifast" or the "Group", LSE: TRI.L), the international specialist in the design, engineering, manufacture, and distribution of high-quality engineered fastenings, announces that at today's General Meeting, all resolutions put to the General Meeting and contained in the notice of General Meeting dated 23 September 2026 (the “Notice of General Meeting”) were duly passed on a poll.
The results of the poll are set out below:
| Resolution | Votes For | % Votes For | Votes Against | % Votes Against | Total Votes Cast | % of issued share capital | Votes Withheld |
|---|---|---|---|---|---|---|---|
| 1. To capitalise the merger relief reserve and allot and issue the Capital Reduction Share | 97,319,959 | 99.98% | 16,308 | 0.02% | 97,336,267 | 71.47% | 3,230 |
| 2. Subject to the confirmation of the Court, to cancel the Capital Reduction Share and the amount standing to the credit of the share premium account | 97,319,947 | 99.98% | 16,320 | 0.02% | 97,336,267 | 71.47% | 3,230 |
| 3. To adopt new Articles of Association | 97,318,918 | 99.98% | 16,320 | 0.02% | 97,335,238 | 71.47% | 4,259 |
| Notes: | |||||||
| 1. | The General Meeting was conducted in accordance with the Company's Articles of Association and all applicable legal requirements. | ||||||
| 2. | The "For" vote includes those votes giving discretion to the Chair. | ||||||
| 4. | Each of the resolutions was proposed as a special resolution and required at least 75 per cent. of the votes cast to be in favour in order to be passed. | ||||||
| 5. | In accordance with UKLR 6.4.2R, copies of the resolutions passed at the General Meeting will be submitted to the National Storage Mechanism and will shortly be available for inspection. | ||||||
Copies of these documents will also be available on the Company's website at www.trifast.com.
Capitalised terms used and not defined in this announcement have the meanings given to them in the Notice of General Meeting.
Total Voting Rights
As at the date of the General Meeting, the Company's issued share capital consisted of 136,189,598 ordinary shares of 5 pence each. The Company holds no ordinary shares in treasury. Each ordinary share carries one vote. Therefore, the total number of voting rights in the Company was 136,189,598.
Next steps
The Capital Reduction remains subject to confirmation by the Court. The expected timetable of principal events for the Capital Reduction remains as set out on page 3 of the Notice of General Meeting, with the initial directions hearing of the Court expected to be held on 23 October 2026 and the Court hearing expected to be held on 17 November 2026.
If any of the dates and/or times in the expected timetable change, the revised dates and/or times will be notified to the Company’s shareholders by announcement through a Regulatory Information Service, with such announcement being made available on the Company’s website at www.trifast.com.
A further announcement will be made in due course.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.