Cleantech Building Materials: AGM Report 30 Ju

30 June 2017

CLEANTECH BUILDING MATERIALS PLC, NASDAQ FIRST NORTH, COPENHAGEN

TICKER: CBM

Cleantech Building Materials plc

AGM Report

The Annual General Meeting ("AGM") of Cleantech Building Materials plc ("CBM" or the "Company") was held in London earlier today, 30 June 2017.

Details of the resolutions to be considered at the AGM were published in the Notice of AGM on 7 June 2017, which is available on the Company's website: www.cbm-plc.com . The following decisions were passed, among others, at the AGM.

The AGM resolved to allow the Company to allot shares and grant rights to subscribe for, or convert any security, into shares. The directors of the Company sought authority for the purposes of section 551 of the Companies Act to exercise all the powers of the Company to allot shares and grant rights to subscribe for, or convert any security into, shares up to an aggregate nominal amount of £3,649,870, which is equivalent to approximately 100% of the total issued ordinary share capital of the Company.

The resolution for the disapplication of pre-emption rights was agreed. This is to authorise the directors of the Company to allot new shares pursuant to the authority to be given by the previous resolution, or sell treasury shares, for cash in connection with a pre-emptive offer or otherwise up to a nominal value of £3,649,870 and as to £1,000,000 in nominal value of preference shares.

Furthermore, the AGM resolved, without discussion: to receive the Company's annual report and accounts for the financial year ended 31 December 2016; to re-appoint Crowe Clark Whitehill LLP as auditors of the Company; and to authorise the board of the Company to determine the remuneration of the auditors. All directors of the Company retired and stood for re-appointment at the AGM as this was the first AGM of the Company following completion of the acquisition of Diamond Wood China Limited. The AGM therefore resolved to elect Andrew Paul Richards, Jason Hung-Wen Wang, Jonathan Sumner, Adrian Wyn-Griffiths and Syed Jeff Erik Jaffrey as the Directors of the Company.

The AGM also resolved to amend the Company's articles due to the intended issue of preference shares. A copy of the amended articles is attached to this release and has also been posted on the Company's website.

In summary, all resolutions, as set out in the Notice of Annual General Meeting dated 7 June 2017, were duly passed without discussion.

THE DIRECTORS OF CLEANTECH BUILDING MATERIALS PLC ACCEPT RESPONSIBILITY FOR THE CONTENTS OF THIS ANNOUNCEMENT.

For further information, please contact:

http://www.globenewswire.com/NewsRoom/Attachm...21903bf153