Result of AGM

RNS Number : 7461E

Renold PLC

20 July 2016

 

Renold plc

("Renold" or the "Company") 

Resolutions passed at Annual General Meeting on 20 July 2016

Renold is pleased to announce that all resolutions proposed at its Annual General Meeting were duly passed.  Full details of each resolution were set out in the Notice of Annual General Meeting which is available on the Company's website at www.renold.com.

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

All resolutions put to the meeting were passed on a show of hands.

The following is a summary of the Forms of Proxy received up to 48 hours before the time of the Annual General Meeting by the Company's registrar:

Resolution	For and Discretion	%	Against	%	% of issued share capital voted	Withheld*
1.   To receive and consider the accounts and the Directors' and Auditor's report on them	175,197,147	99.99	18,768	0.01	78.55	785,411
2.   To approve the Directors' Remuneration Report	170,204,238	96.73	5,745,449	3.27	78.88	51,639
3.   To approve the Directors' Remuneration Policy	160,871,566	91.90	14,174,772	8.10	78.47	954,988
4.   To approve an amendment to the Renold plc 2013 Performance Share Plan	159,909,730	91.38	15,079,300	8.62	78.45	1,012,296
5.   To re-elect Robert Purcell as a Director	175,898,536	99.99	18,127	0.01	78.86	84,663
6.   To re-elect Mark Harper as a Director	175,800,050	99.93	126,217	0.07	78.87	75,059
7.   To re-elect John Allkins as a Director	175,793,694	99.93	126,812	0.07	78.87	80,820
8.   To re-elect Ian Griffiths as a Director	175,890,733	99.98	28,255	0.02	78.86	82,338
9.   To re-appoint Deloitte LLP as auditors	174,961,988	99.98	36,310	0.02	78.45	1,003,028
10. To authorise the Directors to determine the auditors' remuneration	175,981,475	99.99	15,897	0.01	78.90	3,954
11. To authorise the Directors to allot shares	174,731,761	99.28	1,266,435	0.72	78.90	3,130
12. Special resolution to disapply pre-emption rights**	174,745,174	99.32	1,194,532	0.68	78.87	61,620
13. Special resolution to authorise the Company to make market purchases of its own ordinary shares**	175,819,565	99.90	174,733	0.10	78.90	7,028
14. Special resolution to authorise the calling of a general meeting on  not less than 14 clear days' notice**	173,633,405	98.69	2,305,688	1.31	78.87	62,233
15. Special resolution to authorise political donations**	174,466,456	99.14	1,506,388	0.86	78.89	28,482

*    a 'Vote Withheld' is not a vote in law and is not counted towards the votes cast 'for' or 'against' a resolution

**  Passed as special resolutions

20 July 2016

Renold plc	Tel: [phone]
Louise Brace, Company Secretary

 

END

 

 

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