Result of AGM

Melrose Industries PLC
02 May 2024
 

Melrose Industries PLC

 

1.   Results of Annual General Meeting

 

The Annual General Meeting of Melrose Industries PLC (the "Company") was held on Thursday 2 May 2024.

 

The table below sets out the results of the poll on all 20 resolutions that were put to a shareholder vote, with each shareholder present in person or by proxy being entitled to one vote per share held.

 

The Board would like to thank shareholders for their engagement and support ahead of today's Annual General Meeting and throughout the year, and for subsequently voting in favour of all Annual General Meeting resolutions.

 

Ordinary Resolutions

Resolutions

Votes 'For'*

% of Votes Cast 'For'

Votes 'Against'

% of Votes Cast 'Against'

Total Issued Share Capital Voted

Total % of Issued Share Capital Voted**

Votes Withheld***

1.   To receive the financial statements for the financial year ended 31 December 2023

1,060,635,418

99.93

705,706

0.07

1,061,341,124

81.08%

5,119,844

2.   To approve the Directors' Remuneration Report for the year ended 31 December 2023

980,999,776

98.33

16,696,875

1.67

997,696,651

76.21%

68,764,317

3.   To approve the 2024 Directors' Remuneration Policy

1,032,602,887

96.84

33,671,103

3.16

1,066,273,990

81.45%

186,978

4.   To declare a final dividend of 3.5 pence per ordinary share for the year ended 31 December 2023

1,066,341,939

100.00

32,854

0.00

1,066,374,793

81.46%

86,175

5.   To approve the rules of the 2024 Melrose performance share plan

1,056,759,949

99.11

9,513,815

0.89

1,066,273,764

81.45%

184,037

6.   To re-elect Peter Dilnot as a Director of the Company

1,063,407,530

99.73

2,932,040

0.27

1,066,339,570

81.46%

118,232

7. To elect Matthew Gregory 
    as a Director of the       Company

1,054,450,725

98.89

11,885,723

1.11

1,066,336,448

81.46%

121,354

8.   To re-elect Justin Dowley as a Director of the Company

1,014,792,965

95.17

51,513,859

4.83

1,066,306,824

81.46%

150,978

9.   To re-elect David Lis as a Director of the Company

1,052,054,833

98.66

14,278,805

1.34

1,066,333,638

81.46%

124,164

10.  To re-elect Charlotte Twyning as a Director of the Company

1,047,307,502

98.22

19,017,970

1.78

1,066,325,472

81.46%

132,330

11.  To re-elect Heather Lawrence as a Director of the Company

1,066,268,173

99.99

65,347

0.01

1,066,333,520

81.46%

124,282

12.  To elect Gillian Elcock as a Director of the Company

1,055,284,684

98.96

11,044,350

1.04

1,066,329,034

81.46%

128,768

13.  To appoint PricewaterhouseCoopers LLP as auditor of the Company

1,060,713,579

99.48

5,579,983

0.52

1,066,293,562

81.45%

164,240

14.  To authorise the Audit Committee to determine the auditor's remuneration

1,066,238,148

99.99

63,893

0.01

1,066,302,041

81.45%

155,761

15.  To renew the authority given to Directors to allot shares

1,050,776,278

98.54

15,551,263

1.46

1,066,327,541

81.46%

130,261

 

Special Resolutions

Resolutions

Votes 'For'*

% of Votes Cast 'For'

Votes 'Against'

% of Votes Cast 'Against'

Total Issued Share Capital Voted

Total % of Issued Share Capital Voted**

 

Votes Withheld***

16.  To give the Directors authority to allot equity securities without application of pre-emption rights

1,058,447,918

99.26

7,877,660

0.74

1,066,325,578

81.46%

132,224

17.  To give the Directors authority to allot equity securities used only for the purpose of financing a transaction which the Directors determine to be an acquisition or other capital investment

1,048,581,469

98.34

17,744,472

1.66

1,066,325,941

81.46%

131,861

18.  To authorise a market purchase of shares

1,053,970,975

99.05

10,062,327

0.95

1,064,033,302

81.28%

2,424,500

19.  To approve the calling of a general meeting other than an Annual General Meeting on no less than 14 days' notice

1,039,132,131

97.45

27,234,042

2.55

1,066,366,173

81.46%

91,629

20.  To reduce the Company's capital

1,066,052,866

99.98

208,019

0.02

1,066,260,885

81.45%

196,916

 

As at 6:30pm (BST) on 30 April 2024 there were 1,309,073,519 Ordinary Shares of 160/7 pence in Melrose Industries PLC in issue (excluding treasury shares).

*           Includes discretionary votes

**          Excludes treasury shares

***        A vote 'Withheld' is not a vote in law and is not counted in the calculation of the proportion of votes 'For' or 'Against' a resolution.

2.   Resolutions submitted to National Storage Mechanism

The Company has today submitted to the National Storage Mechanism copies of resolutions passed at the Annual General Meeting on Thursday 2 May 2024 concerning items other than ordinary business.  These documents will shortly be available for inspection at:

Melrose Industries PLC

11th Floor

The Colmore Building

20 Colmore Circus Queensway

Birmingham

West Midlands

B4 6AT

 

Enquiries:

Montfort Communications:                                                      +44 (0) 20 3514 0897

Nick Miles                                                                                 +44 (0) 7973 130 669

Charlotte McMullen                                                                    +44 (0) 7921 881 800

miles@montfort.london / mcmullen@montfort.london

 

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