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RNS Number : 3040T Allergy Therapeutics PLC 23 November 2021
Allergy Therapeutics plc
("Allergy Therapeutics" or the "Group")
Result of Annual General Meeting
23 November 2021 Allergy Therapeutics plc (AIM:AGY), the fully integrated
specialty pharmaceutical group specialising in allergy vaccines, announces
that, with the exception of resolution 10, which failed to carry, all other
resolutions proposed at the 2021 Annual General Meeting ("AGM") were duly
passed by shareholders. Voting was conducted by way of a poll.
Resolutions 1 to 9 (inclusive) were proposed as ordinary resolutions and
resolution 10 was proposed as a special resolution. The results of the poll
are outlined in the table below.
The Board acknowledges the failure to pass resolution 10 and is disappointed
in this outcome. The Board considers the flexibility afforded by these
authorities to be in the best interests of the Company and shareholders and
notes that this resolution has received support at previous AGMs. However, the
Board remains committed to continuing an open and transparent dialogue and
will, accordingly, seek to continue to engage with shareholders regarding
their views in this area.
Resolution For: %age Against: %age Withheld
1. To receive a copy of the Annual Report for the year ended 30 June 176,577,712 99.99 0 0 0
2021
2. To approve the Directors' Remuneration Report 174,524,577 98.86 1,989,308 1.13 63,827
3. To re-appoint Mary Tavener as a Director 176,161,541 99.98 7,089 0.01 409,082
4. To re-appoint Scott Leinenweber as a Director 173,381,457 98.41 2,787,173 1.58 409,082
5. To re-appoint Tunde Otulana as a Director 176,161,541 99.98 7,089 0.01 409,082
6. To re-appoint Peter Jensen as a Director 173,387,212 98.84 2,022,948 1.15 1,167,552
7. To appoint BDO LLP as auditors of the Company 176,142,079 99.97 32,806 0.02 402,827
8. To authorise the Directors to determine the Auditors remuneration 176,577,712 99.99 0 0 0
9. To authorise the Directors to allot unissued share capital up to a 176,565,019 99.98 11,693 0.01 1,000
specified amount (s551)
10 Special Resolution: 37,107,171 21.00 139,469,541 78.99 1,000
To disapply pre-emption provisions of s561(1) of the CoAct 2006 up to a
specified amount
- ENDS -
For further information, please contact:
Allergy Therapeutics
+44 (0) 1903 845 820
Manuel Llobet, Chief Executive Officer
Nick Wykeman, Chief Financial Officer
Panmure Gordon
+44 (0) 20 7886 2500
Freddy Crossley, Emma Earl, Corporate Finance
Rupert Dearden, Corporate Broking
Consilium Strategic Communications
+44 20 3709 5700
Mary-Jane Elliott / David Daley / Davide Salvi
allergytherapeutics@consilium-comms.com
(mailto:allergytherapeutics@consilium-comms.com)
Stern Investor Relations, Inc.
+1 212 362 1200
Christina Tartaglia
christina@sternir.com (mailto:christina@sternir.com)
Notes for editors:
About Allergy Therapeutics
Allergy Therapeutics is an international specialty pharmaceutical group
focussed on the treatment and diagnosis of allergic disorders, including
immunotherapy vaccines, that have the potential to cure disease. The Group
sells proprietary and third party products from its subsidiaries in nine major
European countries and via distribution agreements in an additional ten
countries. Its broad pipeline of products in clinical development include
vaccines for grass, tree and house dust mite, and peanut allergy vaccine in
pre-clinical development. Adjuvant systems to boost performance of vaccines
outside allergy are also in development.
Formed in 1999 out of Smith Kline Beecham, Allergy Therapeutics is
headquartered in Worthing, UK with more than 11,000m(2) of state-of-the-art
MHRA-approved manufacturing facilities and laboratories. The Group, which
has achieved double digit compound annual growth since formation, employs
c.600 employees and is listed on the London Stock Exchange (AIM:AGY). For more
information, please see www.allergytherapeutics.com
(http://www.allergytherapeutics.com) .
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