Result of AGM

Marks Electrical Group plc

08 August 2024

 

Marks Electrical Group plc

Annual General Meeting

Result of Annual General Meeting

The Annual General Meeting of Marks Electrical Group plc was held at 4 Boston Road, Leicester LE4 1AU on 08 August 2024 at 1.00 p.m.

All 14 resolutions put to members were passed on a poll. Resolutions 1 to 11 were passed as ordinary resolutions and resolutions 12 to 14 were passed as special resolutions.

The number of votes cast for and against each of the resolutions proposed, and the number of votes withheld were as follows:

Resolution	Votes for	%	Votes against	%	Votes withheld
Resolution 1 (Ordinary) To receive the Annual Report and Accounts of the Company for the financial year ended 31 March 2024 together with the Directors' reports and auditor's report on those accounts.	86,337,430	100.0000	0	0.0000	0
Resolution 2 (Ordinary) To approve the Annual Statement of the Chair of the Remuneration Committee and the Annual Report on Remuneration, as contained on pages 68-69 and 74-76 of the Company's Annual Report and Accounts for the year ended 31 March 2024.	86,327,733	99.9888	9,697	0.0112	0
Resolution 3 (Ordinary) To re-elect Josh Egan as a director of the Company	86,337,221	99.9999	117	0.0001	92
Resolution 4 (Ordinary) To re-elect Alyson Fadil as a director of the Company.	86,337,121	99.9997	217	0.0003	92
Resolution 5 (Ordinary) To re-elect Marnie Millard as a director of the Company.	86,337,221	99.9999	117	0.0001	92
Resolution 6 (Ordinary) To re-elect Mark Smithson as a director of the Company.	86,337,338	100.0000	0	0.0000	92
Resolution 7 (Ordinary) To re-elect David Wilkinson as a director of the Company.	86,337,221	99.9999	117	0.0001	92
Resolution 8 (Ordinary) To re-appoint PwC as auditor of the Company to hold office until the conclusion of the next general meeting at which accounts are laid before the Company.	86,321,458	99.9816	15,880	0.0184	92
Resolution 9 (Ordinary) To authorise the Directors to determine the fees payable to the auditor.	86,336,341	99.9988	997	0.0012	92
Resolution 10 (Ordinary) To declare a final dividend of 0.66 pence per Ordinary Share for the financial year ended 31 March 2024 to be paid on 15 August 2024 to the shareholders on the Company's register of members at the close of business on 12 July 2024.	86,337,430	100.0000	0	0.0000	0
Resolution 11 (Ordinary) To authorise the Directors to allot shares.	86,319,941	99.9801	17,189	0.0199	300
Resolution 12 (Special) THAT, subject to resolution 11, the Directors be authorised to allot Equity Securities for cash as if section 561 of the CA 2006 did not apply	86,319,241	99.9789	18,189	0.0211	0
Resolution 13 (Special) THAT, subject to resolution 11 and in addition to 12, the Directors be authorised to allot Equity Securities for cash as if section 561 of the CA 2006 did not apply.	86,318,941	99.9789	18,189	0.0211	300
Resolution 14 (Special) To authorise the Company to purchase its own shares.	86,321,713	99.9818	15,717	0.0182	0

As at 08 August 2024, there were 104,949,050 ordinary shares in issue. Shareholders are entitled to one vote per share. Votes withheld are not votes in law and so have not been included in the calculation of the proportion of votes for and against a resolution.

The full text of each resolution is available in the Notice of Annual General Meeting, published on our website.

 

END