20 June 2024
Good
Energy Group PLC
("Good Energy" or the
"Company")
Result of
Annual General Meeting
At the Company's Annual General
Meeting held at 2pm on Thursday 20 June 2024, shareholders passed
ordinary resolutions 1 - 9.
The Board notes that special
resolutions 10 ,11, 12 and 13 did not pass.
Special resolutions 10, 11 and 12
were standard authorities that UK listed companies take at annual
general meetings, relating to the allotment of 10% of shares for
cash on a non-pre-emptive basis and purchase of own
shares.
Special resolution 13 was an
amendment to the Articles of Association of the Company, legally
embedding its purpose by stating its goals are to have a materially
positive impact on society and the environment, in addition to
operating for the benefit of stakeholders. This is a legal requirement for the retention of B Corp
certification which the Company is pursuing.
The Board is disappointed not to
receive this limited additional flexibility of the special
resolutions to pursue opportunities in the interests of the Company
and its shareholders.
The results of the AGM will be
published on the Company's website as soon as practicable following
the meeting.
The full text of the resolutions may
be found in the Notice of the Annual General Meeting, copies of
which are also available on the Company's website at
https://www.goodenergy.co.uk/investors/annual-general-meeting/.
Enquiries
|
Good Energy Group PLC
|
|
Nigel Pocklington, Chief
Executive
Ian McKee, Head of
Communications
|
Email: press@goodenergy.co.uk
|
|
SEC Newgate UK
|
|
Elisabeth Cowell / Molly
Gretton
|
Email: GoodEnergy@secnewgate.co.uk
Tel: +44 (0)7900 248213
|
|
Investec Bank plc (Nominated Adviser
and Joint Broker)
|
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Henry Reast / James Rudd
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Tel: +44 (0) 20 7597 5970
|
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Canaccord Genuity Limited (Joint
Broker)
|
|
Henry Fitzgerald - O'Connor / Bobbie
Hilliam / Harry Rees
|
Tel: +44 (0) 20 7523
4617
|
About Good Energy www.goodenergy.co.uk
Good Energy is a supplier of 100%
renewable power and an innovator in energy services. It has long
term power purchase agreements with a community of 2,000
independent UK generators.
Since it was founded 20 years ago,
the Company has been at the forefront of the charge towards a
cleaner, distributed energy system. Its mission is to power a
cleaner, greener world and make it simple to generate, share,
store, use and travel by clean power. Its ambition is to
support one million homes and businesses to cut carbon from their
energy and transport used by 2025.
Good Energy is recognised as a
leader in this market, through green kite accreditation with the
London Stock Exchange, Which? Eco Provider status and Gold Standard
Uswitch Green Tariff Accreditation for all tariffs.