Result of AGM

RNS Number : 2426H

Volex PLC

30 July 2019

 

30 July 2019

Volex plc

("Volex" or the "Company")

Voting Results for 2019 Annual General Meeting ("AGM")

Volex, the global supplier of complex assemblies for performance critical applications and power products, is pleased to announce the results of its AGM today, at which all resolutions were duly passed. Votes were cast as follows:

Resolution	Votes For	Votes Against	Votes Withheld*
1. To receive the audited accounts of the Company for the financial year ended 31 March 2019	107,625,460 (99.98%)	16,545	61
2. To approve the Directors' Remuneration Report	107,614,692 (99.98%)	26,063	1,311
3. To approve the new Volex plc Long Term Incentive Plan	107,618,646 (99.98%)	22,109	1,311
4. To re-elect Nathaniel Rothschild as a Director of the Company	102,410,255 (98.26%)	1,818,640	3,413,171
5. To re-elect Adrian Chamberlain as a Director of the Company	107,622,661 (99.98%)	19,344	61
6. To elect Jeffrey Jackson as a Director of the Company	107,623,188 (99.98%)	18,817	61
7. To reappoint PricewaterhouseCoopers LLP as auditors of the Company	107,624,033 (99.98%)	16,722	1,311
8. To authorise the Directors of the Company to determine the auditors' remuneration	107,625,460 (99.98%)	16,545	61
9. To authorise the Directors to allot shares in the Company pursuant to section 551 of the Companies Act 2006	107,623,188 (99.98%)	18,817	61
10. To allow the Directors to allot equity securities under the authority conferred by Resolution 9 as if section 561 of the 2006 Act did not apply	99,526,011 (92.46%)	8,115,994	61
11. To allow the Directors, in addition to any authority granted under Resolution 10, to allot equity securities as if section 561 of the 2006 Act did not apply	106,770,146 (99.19%)	870,609	1,311
12. To authorise the Company to make purchases of its own shares, further to section 701 of the 2006 Act	107,640,578 (100%)	177	1,311

*A vote withheld is not treated as a vote in law and is not counted in the calculation of the proportion of the votes cast for or against a resolution.

The total number of Volex shares in issue on Friday 26 July 2019 was 147,367,933.

The full text of each of the resolutions is set out in the notice of AGM, copies of which are available on the Volex website (www.volex.com).

Enquiries

For further information please contact: 

Volex plc                                                                                                            [phone]

Nat Rothschild, Executive Chairman

Daren Morris, Chief Financial Officer and Company Secretary

N+1 Singer - Nominated Adviser & Joint Broker                                       [phone]

Shaun Dobson

Whitman Howard - Joint Broker                                                                   [phone]

Hugh Rich

Nick Lovering

 

END

 

 

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