Results of AGM and Board Update

RNS Number : 4008O

Polypipe Group PLC

27 May 2015

 



POLYPIPE GROUP PLC

(the "Company")

Results of Annual General Meeting and Board Update

27 May 2015

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 2014	149,656,467	99.99	0	0	37,800
2. Approve Directors' Remuneration Policy	146,494,935	99.98	1,457	0.01	3,197,875
3. Approve Directors' Remuneration Report	144,345,469	98.52	2,150,923	1.47	3,197,875
4. Approve a final dividend of 3 pence per Ordinary Share	149,656,467	99.99	0	0	37,800
5. Election of Mr David Hall as a Director	148,115,263	98.96	1,540,807	1.03	38,197
6. Election of Mr Peter Shepherd as a Director	149,130,685	99.64	525,385	0.35	38,197
7. Election of Mr Ron Marsh as a Director	149,614,861	99.96	41,209	0.03	38,197
8. Election of Mrs Moni Mannings as a Director	149,654,570	99.99	0	0	39,697
9. Election of Mr Paul Dean as a Director	149,654,570	99.99	0	0	39,697
10. Election of Mr Mark Hammond as a Director	121,908,090	81.57	27,522,874	18.42	263,303
11. Re-Appointment of Ernst & Young LLP as Auditor	149,402,133	99.82	253,937	0.17	38,197
12. Authorise Directors to agree Auditor's remuneration	149,163,386	99.66	492,684	0.33	38,197
13. Authority to allot shares	144,972,860	96.86	4,683,210	3.13	38,197
14. Dis-application of pre-emption rights	149,646,560	99.98	8,710	0.01	38,997
15. Market purchase of shares	149,654,767	99.98	1,700	0.01	37,800
16. General meeting called on not less than 14 clear days' notice	141,298,488	94.41	8,357,979	5.58	37,800

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, Alan Thomson retires as Chairman of the Company today, a position he has held since October 2007. Ron Marsh has assumed the Chairmanship and has also been appointed as the Chair of the Nomination Committee.

The Company is further pleased to announce the appointment of Paul Dean as the Senior Independent Director of the Company with immediate effect.  

For further enquiries, please contact:

Peter Shepherd,

Chief Financial Officer

01709 772249

 

END

 

 

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