30th Oct 2026 14:23
30 October 2026
Technologies New Energy plc (the "Company")
Results of AGM
Technologies New Energy plc (LSE: TNE), the energy transition company focused on developing clean energy projects for industrial decarbonisation, data-centre power infrastructure and the conversion of biomass into sustainable aviation fuel, energy and biochar, is pleased to announce that, at the Annual General Meeting ("AGM") of the Company held on 30 October 2026, all resolutions put to the AGM were duly passed (each, a "Resolution", and together, the "Resolutions").
A poll was held on each of the Resolutions, and Resolutions were all passed by the required majority.
Resolutions 1 to 8 were passed as ordinary resolutions. Resolutions 9 to 11 were passed as special resolutions. The results of the poll were as follows:
| In favour | Against | Withheld | Total Votes* | ||
Resolution | Votes | % | Votes | % | Votes |
|
Ordinary Resolutions | ||||||
Resolution 1: To receive the Company's annual report and accounts for the year ended 31 December 2025 | 132,714,525 | 100 | 0 | 0 | 0 | 132,714,525 |
Resolution 2: To approve the Directors' Remuneration Report | 132,714,525 | 100 | 0 | 0 | 0 | 132,714,525 |
Resolution 3: To re-elect José Meneses da Silva Moura as a director of the Company | 132,714,525 | 100 | 0 | 0 | 0 | 132,714,525 |
Resolution 4: To re-elect Julio Isaac Perez as a director of the Company | 132,714,525 | 100 | 0 | 0 | 0 | 132,714,525 |
Resolution 5: To re-elect Ricardo Guimarães Da Costa Eiras as a director of the Company | 132,714,525 | 100 | 0 | 0 | 0 | 132,714,525 |
Resolution 6: To appoint Antonio Sauco Morgado Pires as a director of the Company | 76,714,525 | 57.8 | 56,000,000 | 42.2 | 0 | 132,714,525 |
Resolution 7: To re-appoint Johnsons Chartered Accountants as the auditor of the Company and to fix auditors' remuneration | 132,714,525 | 100 | 0 | 0 | 0 | 132,714,525 |
Resolution 8: To provide Directors with authority to allot shares | 132,714,525 | 100 | 0 | 0 | 0 | 132,714,525 |
Special Resolutions | ||||||
Resolution 9: To provide Directors with authority for disapplication of pre-emption rights | 132,714,525 |
100 |
0 |
0 |
0 | 132,714,525 |
Resolution 10: To approve authority to buy back up to 10% issued share capital of the Company | 132,714,525 |
100 |
0 |
0 |
0 | 132,714,525 |
Resolution 11: To approve authority to call a general meeting by not less than 14 clear days' notice | 132,714,525 |
100 |
0 |
0 |
0 | 132,714,525 |
*Any proxy appointments which gave discretion to the chairman of the AGM have been included in the "Vote For" total.
The total number of ordinary shares of nominal value £0.10 each in the capital of the Company in issue at the voting date is 159,263,550. A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of votes for and against the Resolution.
Although all the Resolutions were passed, the Board of the Company notes that more than 20% of votes were cast against Resolution 6. The Board intends to engage with shareholders in the periods ahead and remains committed to open and constructive dialogue in order to understand shareholders' views. To this end, shareholders who voted against Resolution 6 can email any views to [email protected].
The full text of all the Resolutions can be found in the Notice of AGM (dated 6 October 2026) posted on the Company's website, https://www.tneplc.com/.
For further information please contact:
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