Result of AGM

RNS Number : 2885Z

Polypipe Group PLC

25 May 2016

 

POLYPIPE GROUP PLC

(the "Company")

Results of Annual General Meeting and Board Update

25 May 2016

Polypipe Group plc announces that at the Annual General Meeting ("AGM") of the Company held today, all the Resolutions contained in the Notice of AGM were duly passed on a show of hands. 

The total number of proxy votes received in respect of each such resolution 48 hours prior to the

meeting is set out below.

Resolution  (No. as noted on proxy form)	Shares For	%	Shares Against	%	Shares Marked As Votes Withheld / Abstentions
1. To receive the accounts for year end 31 December 2015	145,703,616	99.94%	59,734	0.04%	1,374,312
2. Approve Directors' Remuneration Report for year ended 31 December 2015	139,544,564	95.95%	5,860,276	4.03%	1,732,822
3. Approve a final dividend of 5.5 pence per Ordinary Share	147,137,662	99.98%	0	0	0
4. Re-election of Mr David Hall as a Director	140,255,400	95.3%	6,881,865	4.68%	397
5. Re-election of Mr Ron Marsh as a Director	143,086,422	99.66%	459,522	0.32%	3,591,718
6. Re-election of Mrs Moni Mannings as a Director	146,786,102	99.74%	351,560	0.24%	0
7. Re-election of Mr Paul Dean as a Director	147,136,865	99.97%	400	0.01%	397
8. Re-election of Mr Mark Hammond as a Director	146,325,067	99.43%	811,798	0.55%	397
9. Election of Mr Martin Payne as a Director	147,136,865	99.97%	400	0.01%	397
10. Re-Appointment of Ernst & Young LLP as Auditor	147,136,865	99.97%	400	0.01%	397
11. Authorise Directors to agree Auditor's remuneration	147,136,465	99.97%	800	0.01%	397
12. Authority to allot shares	146,456,453	99.52%	680,812	0.46%	397
13. Dis-application of pre-emption rights	144,378,870	98.11%	2,757,395	1.87%	1,397
14. Market purchase of shares	147,013,593	99.9%	124,069	0.08%	0
15. General meeting called on not less than 14 clear days' notice	140,208,260	95.27%	6,929,029	4.71%	0

In accordance with Listing Rule 9.6.2 copies of all resolutions passed as Special Resolutions at the Meeting will be submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/nsm.

These resolutions will also available on the Polypipe Group website at http://investors.polypipe.com.

Board Update

As previously announced, Peter Shepherd retired as Chief Financial Officer of the Company at the conclusion of the AGM. Following his election as a director at the AGM, Martin Payne has today been appointed Chief Financial Officer of the Company. As already disclosed Martin Payne was previously Group Finance Director at Norcros plc. No further information is required to be disclosed pursuant to LR 9.6.13 R.

For further enquiries, please contact:

David Hall,

Chief Executive Officer

Martin Payne

Chief Financial Officer

+ 44 (0) 1709 770 000

 

END

 

 

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