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LONDON - Invinity Energy Systems plc (AIM:IES) (OTCQX:IESVF), a manufacturer of utility-grade energy storage, announced Thursday that shareholders approved all resolutions at its Annual General Meeting.
The company reported that all 13 proposed resolutions received strong support from shareholders, with most receiving over 99% approval. These included the adoption of financial statements for the year ended December 31, 2024, approval of the directors’ remuneration report, and reappointment of BDO LLP as auditor.
Shareholders also elected seven directors to the board: Neil O’Brien, Rajat Kohli, Kristina Peterson, Margaret Amos, Jonathan Marren, Matthew Harper, and Adam Howard. O’Brien’s election received the lowest approval rate at 97.74%, while the others secured over 99% support.
Following the meeting, Michael Farrow officially retired from Invinity’s board after nearly two decades of service as the company’s Jersey-based director. Neil O’Brien, Non-Executive Chair, acknowledged Farrow’s contributions, noting his guidance and commitment to shareholders’ interests.
The meeting also saw shareholders authorize directors to allot shares and approve the disapplication of pre-emption rights, with these financial measures receiving 99.84% and 99.20% approval respectively.
According to the press release statement, the AGM was held at 3:00 p.m. on July 10, 2025.
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