Result of AGM

RNS Number : 9265T
Vertu Motors PLC
23 July 2015
 

23 July 2015

 

Vertu Motors plc ("Vertu Motors")

Result of AGM

 

Vertu Motors plc, the UK automotive retailer with a network of 117 sales and aftersales outlets across the UK and a proven growth strategy, announces that all resolutions put to shareholders at the Annual General Meeting held earlier today were duly passed.  The proxy voting results are set out below:

 


In Favour


Discretion


Against


Withheld

Resolution

Votes

%age

Votes

%age

Votes

%age

Votes

1

Annual Report and Accounts

208,739,449

99.98


30,752

0.01


5,500

0.01


213,161

2

Reappointment of Auditors

196,876,879

94.21


30,752

0.01


12,080,103

5.78


1,128

3

Auditors' Remuneration

208,641,082

99.84


30,752

0.01


315,900

0.15


1,128

4

Final Dividend

208,958,110

99.99


30,752

0.01


0

0


0

5

Election of Peter Jones

207,602,928

99.34


30,752

0.01


1,355,182

0.65


0

6

Election of Kenneth Lever

208,730,140

99.89


30,752

0.01


217,970

0.1


10,000

7

Re-election of Michael Sherwin

208,740,140

99.89


30,752

0.01


217,970

0.1


0

8

Re-election of William Teasdale

208,463,501

99.76


30,752

0.01


484,609

0.23


10,000

9

Remuneration Report

171,760,235

93.45


30,752

0.02


11,999,063

6.53


25,198,812

10

Authority to Allot

196,749,436

99.85


30,752

0.02


262,496

0.13


11,946,178

11

Disapplication of Pre-Emption

208,913,893

99.98


30,752

0.01


27,217

0.01


17,000

12

Purchase of Own Shares

189,940,109

99.97


30,752

0.02


300

0.01


19,017,701

- Ends -

 

For further information please contact:

 

Vertu Motors plc


 

Robert Forrester, CEO

Tel: 0191 491 2111

 

Michael Sherwin, FD

Tel: 0191 491 2112

 

Liberum

 

Peter Tracey

Tel: 020 3100 2000

 

Richard Crawley

 

Jamie Richards

 

Zeus Capital Limited

 

Adam Pollock

Tel: 020 7533 7727

 

Camarco

 

Billy Clegg

Tel: 020 3757 4983

 

Georgia Mann


 

Notes to Editors

Vertu Motors, the UK automotive retailer with a proven growth strategy, is the sixth largest automotive retailer in the UK with a network of 117 sales outlets across the UK. Its dealerships operate predominantly under the Bristol Street Motors, Vertu, Farnell and Macklin Motors brand names.

Vertu Motors was established in November 2006 with the strategy to consolidate the UK motor retail sector.  It is intended that the Group will continue to acquire motor retail operations to grow a scaled dealership group.  The Group's acquisition strategy is supplemented by a focused organic growth strategy to drive operational efficiencies through its national dealership network.  The Group currently operates 115 franchised sales outlets and 2 non-franchised sales operations from 96 locations across the UK.

Vertu Motors Group websites - www.vertumotors.com / www.vertucareers.com

 

Vertu brand websites - www.bristolstreet.co.uk / www.vertuhonda.com / www.macklinmotors.co.uk  / www.farnelllandrover.com  / www.farnelljaguar.com / www.vertuvolkswagen.com

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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