Directorate Change and Results of AGM

RNS Number : 8526P

Alumasc Group PLC

21 October 2021

 

21 October 2021

The Alumasc Group plc  

("Alumasc", "Group" or the "Company")

DIRECTORATE CHANGE AND RESULTS OF AGM

Alumasc, the premium building products, systems and solutions group, announces that at the Annual General Meeting held earlier today at Station Road, Burton Latimer, Northamptonshire, NN15 5JP, all resolutions put to shareholders were duly passed.  Full voting details are set out below.

Resolution 4 was withdrawn from today's AGM agenda following Jon Pither's decision not to seek re-election on health grounds.  On this basis Jon has stepped down from the board with immediate effect.

Commenting on this John McCall, Group Chairman, said:

"Jon has been a Non-Executive Director of Alumasc for 29 years and has seen the company through many phases of public life.  His contribution in both good and difficult times has been immense and his support unhesitating.  His exceptional breadth of experience has enabled him to engage in all aspects of Alumasc business and development and his business sense has been greatly valued.  He leaves Alumasc in a position of strength that owes a major debt to his input and governance.  His colleagues at Alumasc warmly wish him a very happy retirement."

The results of the meeting on a poll were as follows:

		VOTES FOR	% OF VOTES FOR	VOTES AGAINST	% OF VOTES AGAINST	VOTES WITHHELD1	TOTAL VOTES VALIDLY CAST
1	To receive the reports of the Directors and Auditor and the accounts for the year ended 30 June 2021	16,397,422	100.00%	246	0.00%	9,859	16,397,668
2	To receive the report of the Remuneration Committee for the year ended 30 June 2021	16,383,262	99.88%	20,011	0.12%	4,254	16,403,273
3	To declare a final dividend of 6.25 pence per share	16,407,273	100.00%	0	0.00%	254	16,407,273
4	To re-elect Jon Pither as a Director	Resolution Withdrawn
5	To elect Simon Dray as a Director	16,367,876	99.79%	34,371	0.21%	5,280	16,402,247
6	To re-appoint BDO LLP as Auditor of the Company to hold office until the conclusion of the next AGM	16,394,228	99.94%	9,881	0.06%	3,418	16,404,109
7	That the Audit Committee be authorised to determine the Auditor's remuneration	15,559,971	94.94%	829,743	5.06%	17,813	16,389,714
8	To authorise the renewal of Directors' authorities to allot shares	16,389,267	99.95%	7,401	0.05%	10,859	16,396,668
9	To authorise the Directors to disapply pre-emption rights: General (special resolution)	16,347,336	99.71%	47,230	0.29%	12,961	16,394,566
10	To authorise the disapplication of statutory pre-emption rights: Acquisition or capital investment (special resolution)	16,345,258	99.65%	57,308	0.35%	4,961	16,402,566
11	To authorise the Company's authority to purchase its own shares (special resolution)	15,912,207	99.78%	34,462	0.22%	460,858	15,946,669

Notes:

1.  A vote 'withheld' is not a vote in English Law and not counted in the calculation of votes cast 'for' or 'against' a resolution.

ENDS

Enquiries:

The Alumasc Group plc		[phone]
Paul Hooper (Chief Executive)
Helen Ashton (Group Company Secretary)		[phone]
finnCap Ltd (Nomad)		[phone]
Julian Blunt
Edward Whiley
Peel Hunt LLP (Broker)		[phone]
Mike Bell
Ed Allsopp
	Camarco
	Ginny Pulbrook	[phone]
	Dan Sherwen	[phone]
		email:  [e-mail]

The Alumasc Group plc
Burton Latimer, Kettering, Northants NN15 5JP

LEI:  2138002MV11VKZFJ4359

About Alumasc:

Alumasc is a UK-based supplier of premium building products, systems and solutions. Almost 80% of group sales are driven by building regulations and specifications (architects and structural engineers) because of the performance characteristics offered.

The Group has three business segments with strong positions and brands in their individual markets. The three segments are: Building Envelope; Water Management; and Housebuilding Products.

 

END

 

 

RAGFLFLVIRLLFIL