Result of AGM
Yellow Cake plc announced that all resolutions were passed at its Annual General Meeting on September 8, 2026, with resolutions 1-12 approved as ordinary and resolutions 13-14 as special. The company noted that resolution 13, concerning the disapplication of pre-emption rights, passed with 78.64% of votes in favour, and intends to consult with shareholders who voted against it. The total issued share capital as of September 4, 2026, was 257,243,467 ordinary shares, with 5,948,259 held in treasury, resulting in 251,295,208 total voting rights.
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Yellow Cake, a specialist company operating in the uranium sector with a view to holding physical uranium ("U3O8") for the long term, is pleased to announce that at the Annual General Meeting of the Company held on 8 September 2026 ("AGM" or the "Meeting") all resolutions were duly passed. Resolutions 1-12 were passed as ordinary resolutions and resolutions 13 and 14 were passed as special resolutions.
The full text of the resolutions passed at the Meeting can be found in the Notice of Annual General Meeting, which is available on the Company's website at www.yellowcakeplc.com.
The following table shows the votes cast on each resolution:
| VOTES FOR | % | VOTES AGAINST | % | TOTAL VOTES VALIDLY CAST | % OF SHARE CAPITAL WITH VOTING RIGHTS | VOTES WITHHELD | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Annual Report and Accounts | 148,003,227 | 99.99 | 2,452 | 0.01 | 148,005,679 | 58.90 | 1,014,977 |
| 2 | Re-appoint Anthony Tudor St John, The Lord St John of Bletso | 143,404,681 | 96.81 | 4,732,004 | 3.19 | 148,136,685 | 58.95 | 883,971 |
| 3 | Re-appoint Andre Liebenberg | 148,118,926 | 99.94 | 86,897 | 0.06 | 148,205,823 | 58.98 | 814,833 |
| 4 | Re-appoint Carole Whittall | 147,991,500 | 99.90 | 147,878 | 0.10 | 148,139,378 | 58.95 | 881,278 |
| 5 | Re-appoint Sofia Bianchi | 138,005,046 | 93.16 | 10,132,367 | 6.84 | 148,137,413 | 58.95 | 883,243 |
| 6 | Re-appoint Alexander Downer | 147,729,764 | 99.73 | 405,030 | 0.27 | 148,134,794 | 58.95 | 885,862 |
| 7 | Re-appoint Alan Rule | 147,900,321 | 99.83 | 254,330 | 0.17 | 148,154,651 | 58.96 | 866,005 |
| 8 | Re-appoint Zoe Rizzuto | 147,454,317 | 99.54 | 679,723 | 0.46 | 148,134,040 | 58.95 | 886,616 |
| 9 | Re-appoint auditor | 148,157,019 | 99.99 | 15,638 | 0.01 | 148,172,657 | 58.96 | 847,999 |
| 10 | Auditor's remuneration | 148,199,571 | 99.97 | 40,430 | 0.03 | 148,240,001 | 58.99 | 780,655 |
| 11 | Approve directors' remuneration report | 147,832,368 | 99.74 | 387,010 | 0.26 | 148,219,378 | 58.98 | 801,278 |
| 12 | Authority to allot shares | 135,525,850 | 91.43 | 12,710,030 | 8.57 | 148,235,880 | 58.99 | 784,776 |
| 13 | Disapply pre-emption rights | 116,569,430 | 78.64 | 31,660,907 | 21.36 | 148,230,337 | 58.99 | 790,319 |
| 14 | Authority to purchase own shares | 148,208,594 | 99.97 | 37,205 | 0.03 | 148,245,799 | 58.99 | 774,857 |
Notes:
- As at close of business on 4 September 2026, being the date used to determine the entitlement of shareholders to attend and vote at the Annual General Meeting, the Company's issued share capital was 257,243,467 Ordinary Shares, the number of Ordinary Shares held in treasury was 5,948,259 and the total voting rights in the Company were therefore 251,295,208.
The Board notes that resolution 13 (disapplication of pre-emption rights) was passed with the necessary majority but received less than 80% of votes in favour. The Company aspires to the highest level of shareholder and stakeholder engagement and intends to consult with those shareholders who voted against this resolution to better understand their specific concerns. The Company will publish an update on the views received and any actions taken no later than six months after the Meeting, in accordance with the UK Corporate Governance Code.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.