Result of AGM

RNS Number : 9755G

Volex PLC

29 July 2021

 

29 July 2021

Volex plc

("Volex" or the "Company")

Voting Results for the Company's 2021 Annual General Meeting ("AGM")

Volex plc (AIM:VLX), the global supplier of integrated manufacturing services and power products, is pleased to announce the results of its AGM, held earlier today, at which all resolutions were duly passed on a poll. Votes were cast as follows:

Resolution	Percentage in Favour*	Votes For	Votes Against	Votes Withheld*	Total votes cast	Percentage of issued share capital voted
1. To receive the audited accounts of the Company for the financial year ended 4 April 2021	99.99%	97,714,691	744	78,277	97,793,712	61.61%
2. To approve the Remuneration Committee Report	81.33%	73,729,782	16,924,869	7,139,061	97,793,712	61.61%
3. To declare a final dividend of 2.2 pence per Ordinary Share for the financial year ended 4 April 2021	99.99%	97,793,007	705	0	97,793,712	61.61%
4. To elect Jon Boaden as a Director of the Company	99.99%	97,785,901	2,744	5,067	97,793,712	61.61%
5. To elect Amelia Murillo as a Director of the Company	99.80%	97,595,575	194,005	4,132	97,793,712	61.61%
6. To elect Sir Peter Westmacott as a Director of the Company	99.65%	97,448,159	340,486	5,067	97,793,712	61.61%
7. To re-appoint PricewaterhouseCoopers LLP as auditors of the Company	98.30%	96,126,321	1,662,559	4,832	97,793,712	61.61%
8. To authorise the Directors to determine the remuneration of the auditors	98.31%	96,136,021	1,652,624	5,067	97,793,712	61.61%
9. To authorise the Directors to allot shares in the Company pursuant to section 551 of the Companies Act 2006 (the "2006 Act")	99.53%	97,331,449	460,567	1,696	97,793,712	61.61%
10. To authorise the Directors to allot equity securities under the authority conferred by Resolution 9 as if section 561 of the 2006 Act did not apply	95.48%	93,374,868	4,417,148	1,696	97,793,712	61.61%
11. To further authorise the Directors, in addition to any authority granted under Resolution 10 and only in connection with an acquisition or specified capital investment, to allot equity securities as if section 561 of the 2006 Act did not apply	95.48%	93,425,093	4,418,148	1,696	97,844,937	61.64%
12. To authorise the Company to make purchases of its own shares in accordance with section 701 of the 2006 Act	99.97%	97,557,162	28,042	259,733	97,844,937	61.64%

*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.

Resolutions 1 to 9 were ordinary resolutions, requiring a simple majority of votes cast to pass, while resolutions 10 to 12 were special resolutions, requiring at least 75% support to pass.

The total number of Volex shares in issue on Tuesday 26 July 2021 was 158,718,709.

The full text of each of the resolutions is set out in the Notice of AGM, which is available on the Volex website ( www.volex.com ) on the "Shareholder Information" page in the Investor Relations section.

For further information please contact :

Volex plc	[phone]
Nat Rothschild, Executive Chairman
Jon Boaden, Chief Financial Officer
Christian Bedford, Group General Counsel and Company Secretary

Singer Capital Markets - Nominated Adviser & Joint Broker	[phone]
Shaun Dobson
Iqra Amin
James Fischer

HSBC Bank plc - Joint Broker	[phone]
Simon Alexander
Joe Weaving

 

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