24th Jul 2026 13:00
24 July 2026
discoverIE Group plc
Results of Annual General Meeting
discoverIE Group plc (LSE: DSCV, "discoverIE" or "the Group"), a leading international designer and manufacturer of customised electronics to industry, announces that, at the Annual General Meeting held earlier today, all resolutions were approved. The results of the poll, incorporating proxy votes duly lodged prior to the meeting, are set out below:
| Resolution | Votes For | Votes Against | Withheld* | ||
1 | Receipt and Adoption of Financial Statements | 75,704,272 | 99.99% | 5,006 | 0.01% | 283,994 |
2 | Approval of Final Dividend | 75,993,040 | 100.00% | 6 | 0.00% | 226 |
3 | Approval of Directors' Remuneration Report | 75,443,716 | 99.28% | 547,062 | 0.72% | 2,494 |
4 | Re-election of Bruce Thompson | 64,081,144 | 84.36% | 11,884,344 | 15.64% | 27,784 |
5 | Re-election of Nick Jefferies | 71,054,536 | 93.50% | 4,935,859 | 6.50% | 2,877 |
6 | Re-election of Simon Gibbins | 74,493,532 | 98.03% | 1,496,869 | 1.97% | 2,871 |
7 | Re-election of Clive Watson | 70,917,309 | 93.40% | 5,015,179 | 6.60% | 60,784 |
8 | Re-election of Rosalind Kainyah | 71,009,960 | 93.83% | 4,671,207 | 6.17% | 312,105 |
9 | Re-election of Celia Baxter | 71,288,216 | 93.85% | 4,669,201 | 6.15% | 35,855 |
10 | Re-appointment of Auditor | 75,956,267 | 100.00% | 3,160 | 0.00% | 33,845 |
11 | Authority to fix Auditor's Remuneration | 75,990,001 | 100.00% | 3,029 | 0.00% | 242 |
12 | Authority to Allot Shares | 64,152,636 | 84.45% | 11,812,129 | 15.55% | 28,507 |
13 | Additional Authority to Allot Shares | 63,887,841 | 84.10% | 12,076,930 | 15.90% | 28,501 |
14 | Authority to Disapply Statutory Pre-Emption Rights | 75,079,897 | 99.40% | 453,395 | 0.60% | 459,980 |
15 | Additional Authority to Disapply Statutory Pre-Emption Rights (acquisition or specified capital investment) | 73,697,576 | 97.03% | 2,259,452 | 2.97% | 36,244 |
16 | Additional Authority to Allot Shares | 73,291,017 | 97.03% | 2,241,011 | 2.97% | 461,244 |
17 | Authority to Purchase Company's Own Shares | 75,653,329 | 99.99% | 5,765 | 0.01% | 334,178 |
18 | Notice of General Meetings | 70,932,747 | 93.34% | 5,059,710 | 6.66% | 815 |
19 | To authorise political donations | 74,572,646 | 98.52% | 1,123,447 | 1.48% | 297,179 |
* A 'vote withheld' in respect of any resolution is not a vote in law and is not counted in the calculation of the proportion of the votes for and against it.
The total number of votes cast was 75,993,272, representing 78.06% of the Company's total issued share capital. As at today's date, discoverIE Group plc has 97,356,109 ordinary shares in issue.
A copy of the resolutions approved by Shareholders will be placed on the National Storage Mechanism.
For further information, please contact:
discoverIE Group plc 01483 544 500
Greg Davidson - Company Secretary
Burson Buchanan 0207 466 5000
Jamie Hooper, Toto Berger
Notes to Editors:
discoverIE Group plc is a leading international group of businesses that design and manufacture customised electronic components for industrial applications.
The Group supplies application-specific components to original equipment manufacturers ("OEMs") internationally through its two divisions, Magnetics & Controls and Sensing & Connectivity. By designing components that meet customers' unique requirements, which are then manufactured and supplied throughout the life of their production, a high level of long-term repeating revenue is generated.
The Group focuses on key target markets driven by structural growth, increasing electronic content and sustainability, namely industrial automation & connectivity, security, renewable energy, medical and the electrification of transportation. With this focus, the Group aims to grow well ahead of GDP through the economic cycle and to supplement that with complementary acquisitions, compounding growth. The Group is committed to reducing the impact of its operations on the environment in order to reach net-zero.
The Group, which has made 30 acquisitions in the last 15 years, employs c.4,600 people across 21 countries with its principal operating units located in Mainland Europe, the UK, China, Sri Lanka, India and North America.
discoverIE is listed on the Main Market of the London Stock Exchange and is a member of the FTSE 250, classified within the Electrical Components and Equipment subsector.
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