Results of Annual General Meeting 2018

RNS Number : 4268O

TI Fluid Systems PLC

17 May 2018

 

17 May 2018

TI Fluid Systems plc

(the "Company")

Results of Annual General Meeting 2018 ("AGM")

The Company announces the results of the AGM held today at 10:00am on Thursday 17 May 2018.

All resolutions put to the meeting were approved by votes on a show of hands. The proxy position of each resolution at the close of books at 9.30am on 15 May 2018 is set out in the table below.

	RESOLUTION	FOR	% FOR OF VOTES CAST	AGAINST	% AGAINST OF VOTES CAST	VOTES TOTAL	VOTES CAST AS % ISSUED SHARE CAPITAL VOTED	VOTES WITHELD
1	Annual report and accounts	482,780,415	99.86	652,716	0.14	483,433,131	93.07%	343,540
2	Directors' remuneration report	465,833,256	96.36	17,605,974	3.64	483,439,230	93.07%	337,440
3	Directors' remuneration policy	424,188,516	87.68	59,588,154	12.32	483,776,670	93.14%	0
4	Declaration of final dividend	483,776,671	100.00	0	0.00	483,776,671	93.14%	0
5	Re-election of Manfred Wennemer as a director	462,657,740	95.85	20,018,051	4.15	482,675,791	92.93%	1,100,879
6	Re-election of William L. Kozyra as a director	483,646,671	99.97	130,000	0.03	483,776,671	93.14%	0
7	Re-election of Timothy Knutson as a director	483,646,671	99.97	130,000	0.03	483,776,671	93.14%	0
8	Re-election of Neil Carson as a director	449,281,510	92.87	34,495,160	7.13	483,776,670	93.14%	0
9	Re-election of Paul Edgerley as a director	456,213,863	94.30	27,562,807	5.70	483,776,670	93.14%	0
10	Re-election of John Smith as a director	451,775,968	93.39	32,000,703	6.61	483,776,671	93.14%	0
11	Re-election of Stephen Thomas as a director	458,618,364	94.80	25,158,306	5.20	483,776,670	93.14%	0
12	Re-election of Jeffrey Vanneste as a director	451,709,039	93.37	32,067,631	6.63	483,776,670	93.14%	0
13	Re-appointment of auditor	483,669,602	99.98	107,068	0.02	483,776,670	93.14%	0
14	Auditors' remuneration	483,774,671	100.00	2,000	0.00	483,776,671	93.14%	0
15	Directors' authority to allot shares	465,794,252	96.28	17,982,419	3.72	483,776,671	93.14%	0
16	Disapplication of pre-emption rights *	483,774,671	100.00	0	0.00	483,774,671	93.14%	2,000
17	Further disapplication of pre-emption rights *	483,647,602	99.97	127,068	0.03	483,774,670	93.14%	2,000
18	Authority to purchase shares *	482,521,108	99.74	1,255,562	0.26	483,776,670	93.14%	0
19	Political donations or expenditure	477,482,416	98.71	6,260,398	1.29	483,742,814	93.13%	33,856
20	Notice of general meeting *	483,405,011	99.92	371,660	0.08	483,776,671	93.14%	0

*  Special resolutions

Votes excluding controlling shareholders on the resolutions concerning the re-election of the Independent Non-Executive Directors

5	Re-election of Manfred Wennemer as a director	120,353,755	85.74	20,018,051	14.26	140,371,806	79.26%	1,100,879
8	Re-election of Neil Carson as a director	106,977,525	75.62	34,495,160	24.38	141,472,685	79.88%	0
10	Re-election of John Smith as a director	109,471,983	77.38	32,000,703	22.62	141,472,686	79.88%	0
12	Re-election of Jeffrey Vanneste as a director	109,405,054	77.33	32,067,631	22.67	141,472,685	79.88%	0

Notes

1.      Any proxy appointments which gave discretion to the Chairman have been included in the 'For' total.

2.      The total number of ordinary shares in issue at 15 May 2018 was 519,412,226.

3.      Total ordinary shares held by shareholders excluding the controlling shareholder at 15 May 2018 was 177,108,241.

4.      A 'Vote Withheld' is not counted towards the votes cast 'For' or 'Against' a resolution.

A copy of all resolutions passed, other than those concerning ordinary business, will today be submitted to the National Storage Mechanism in accordance with Listing Rule 9.6.2. These resolutions will shortly be available for inspection at www.morningstar.co.uk/uk/NSM

Enquiries:
TI Fluid Systems plc
Alpna Amar
Investor Relations	[phone]
FTI Consulting	[phone]
Richard Mountain
Nick Hasell
Matthew Paroly
Company Secretary	[phone]

About TI Fluid Systems plc

TI Fluid Systems (LSE: TIFS) is a leading global manufacturer of fluid storage, carrying and delivery systems primarily for the light duty automotive market. With nearly 100 years of automotive fluid systems experience, TI Fluid Systems has manufacturing facilities in 118 locations across 28 countries serving all major global OEMs.

 

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