Result of AGM

RNS Number : 2704F

Acal PLC

26 July 2016

 

26 July 2016

Acal plc

Results of Annual General Meeting

Acal plc (LSE: ACL, "Acal" or "The Group"), one of the leading international suppliers of customised electronics to industry, announces that, at the Annual General Meeting held earlier today, all resolutions were carried on a show of hands.  The following levels of proxy votes were received.

	Resolution	For	Against	Chairman's Discretion	Withheld
1	Receipt and Adoption of Financial Statements	52,017,352	0	44,244	698
2	Approval of Final Dividend	52,018,050	0	44,244	0
3	Approval of Directors' Remuneration Report	49,470,155	719,983	44,244	1,827,912
4	Election of T Graham	52,018,050	0	44,244	0
5	Election of M Diamond	51,829,018	189,032	44,244	0
6	Re-election of R Brooman	52,018,050	0	44,244	0
7 8 9	Re-election of H Marsh Re-election of R Moon Re-appointment of Auditor	52,018,050 49,516,549 51,996,263	0 691,501 21,787	44,244 44,244 44,244	0 1,810,000 0
10	Authority to fix Auditor's Remuneration	52,017,050	1,000	44,244	0
11	Authority to Allot Shares	51,476,635	39,415	44,244	502,000
12	Additional Authority to Allot Shares (rights issue)	52,004,970	13,080	44,244	0
13	Authority to Disapply Statutory Pre-Emption Rights	51,969,815	46,044	44,244	2,191
14	Additional Authority to Disapply Statutory Pre-Emption Rights (acquisition or specified capital investment)	51,972,513	45,346	44,244	191
15	Additional Authority to Allot Shares	51,939,855	76,004	44,244	2,191
16	Authority to Purchase Company's Own Shares	44,619,266	35,284	44,244	7,363,500
17	Notice of General Meetings	46,819,596	5,198,454	44,244	0

As at today's date Acal plc has 64,247,330 ordinary shares in issue.

A copy of the resolutions approved by Shareholders will be placed on the National Storage Mechanism.

G P Shillinglaw

Group Company Secretary

For further information please contact:

Acal plc

Nick Jefferies      -   Group Chief Executive                                                                      01483 544500

Simon Gibbins     -   Group Finance Director

Gary Shillinglaw   -   Group Company Secretary

Instinctif Partners                                                                                                                                

Helen Tarbet                                                                                                                  0207 457 2020

James Gray                                                                                                      

Notes to Editors: About Acal plc

Acal is a leading supplier of customised electronics to industry. It designs, manufactures and distributes customer-specific electronic products and solutions to 25,000 industrial manufacturers and is listed on the London Stock Exchange (LSE: ACL).

Acal has two divisions: Design & Manufacturing and custom distribution. The majority of its sales comes from products and solutions which are created specifically for a customer. Acal works across a range of technologies, namely Communications & Sensors, Power & Magnetics, Electromechanical & Shielding, Embedded Systems and Photonics & Imaging.

Acal operates through the following wholly-owned businesses:  Acal BFi, Contour, Flux, Foss, Hectronic, MTC, Myrra, Noratel, Plitron, RSG, Stortech and Vertec. It has operating companies and manufacturing facilities in a number of markets, including the UK, Germany, France, the Nordic region, Benelux, Italy, Poland, Slovakia and Spain, as well as in Asia (China, India, South Korea, Sri Lanka and Thailand), North America (the US and Canada) and South Africa.

 

END

 

 

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