Result of AGM

RNS Number : 4192U

Renishaw PLC

14 October 2010

 



 

Renishaw plc

Results of AGM

All resolutions proposed at the Annual General Meeting held on 14 October 2010 were duly passed on a show of hands.

Special Resolutions

A copy of the following special resolutions which were passed at the Annual General Meeting held on 14 October 2010 has been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.hemscott.com/nsm.do

THAT, the Company be and is hereby unconditionally authorised for the purposes of Section 701 of the Companies Act 2006 (the "2006 Act") to make one or more market purchases (within the meaning of section 693(4) of the 2006 Act) of ordinary shares of 20p each in the capital of the Company ("ordinary shares") provided that:

(i)         the maximum number of ordinary shares hereby authorised to be purchased is 7,278,854;

(ii)         the maximum price that may be paid for an ordinary share is an amount equal to the higher of: (i) 105% of the average of the middle market quotations for an ordinary share (as derived from the London Stock Exchange Daily Official List) for the 5 business days immediately preceding the day on which the ordinary share is purchased; and (ii) the amount stipulated by Article 5(1) of the Buy-Back and Stabilisation Regulation 2003;

(iii)        the minimum price which may be paid for an ordinary share shall be 20p;

(iv)        the authority hereby conferred shall expire at the earlier of the conclusion of the annual general meeting to be held in 2011 and 31st December 2011 unless such authority is renewed prior to such time; and

(v)         the Company may make a contract to purchase ordinary shares under the authority hereby conferred prior to the expiry of such authority which contract will or may be executed wholly or partly after the expiration of such authority and may make a purchase of ordinary shares pursuant to such contract.

THAT the Articles of Association produced to the meeting and initialled by the Chairman of the meeting for the purpose of identification be adopted as the Articles of Association of the Company in substitution for, and to the exclusion of, the existing Articles of Association (including those provisions of the Company's Memorandum of Association which, by virtue of section 28 Companies Act 2006, are treated as provisions of the Company's Articles of Association).

Retirement of Director

Professor Joe McGeehan retired from the Board with effect from 14 October 2010.

Notification of Proxy Appointments

Resolution number	For		Against		Chairman's discretion		Total proxy votes cast
	No of shares	% of total votes cast	No of shares	% of total votes cast	No of shares	% of total votes cast
1	58,391,825	99.77	126,795	0.22	7,035	0.01	58,525,655
2	58,520,661	99.99	0	0	4,994	0.01	58,525,655
3	53,537,815	91.99	4,653,358	8.00	6,570	0.01	58,197,743(b)
4	58,392,791	99.77	126,094	0.22	6,570	0.01	58,525,455(c)
5	58,393,041	99.77	125,094	0.21	7,320	0.02	58,525,455(d)
6	58,393,041	99.77	125,094	0.21	7,320	0.02	58,525,455(e)
7	58,389,241	99.77	125,094	0.21	7,320	0.02	58,521,655(f)
8	58,192,490	99.43	324,745	0.56	7,320	0.01	58,524,555(g)
9	58,278,378	99.59	235,057	0.40	7,320	0.01	58,520,755(h)
10	58,117,630	99.43	324,745	0.56	7,320	0.01	58,449,695(i)
11	58,411,897	99.95	23,205	0.04	7,903	0.01	58,443,005(j)
12	57,210,992	97.88	1,234,813	2.11	3,994	0.01	58,449,799(k)
13	58,485,146	99.94	29,218	0.05	3,994	0.01	58,518,358(l)
14	58,384,280	99.92	35,597	0.06	8,944	0.02	58,428,821(m)

Resolutions:

1    To adopt the audited financial statements and directors' report

2    To declare a final dividend

3   To re-elect Sir David McMurtry as a director

4   To re-elect Mr D J Deer as a director

5   To re-elect Mr B Taylor as a director

6   To re-elect Mr A Roberts as a director

7   To re-elect Mr G McFarland as a director

8   To re-elect Mr T Garthwaite as a director

9   To re-elect Mr D Snowden as a director

10 To re-elect Mr B Whiteley as a director

11 To approve the directors' remuneration report

12 To re-appoint the auditors and to authorise the directors to determine their remuneration

13 To authorise the Company to purchase its own shares

14  To adopt new Articles of Association

Notes:

(a)  The appointment of a proxy is not a precise indicator of the way that the shareholder would have voted on a poll.  It merely reflects the shareholder's intention at the time the instruction was given.  Voting instructions can be changed at any time prior to a poll being completed and shareholders having lodged a proxy appointment are still entitled to attend the meeting and vote their shares themselves as they wish.

(b)  Shareholders representing 327,912 shares directed on their proxy cards that the proxy should abstain.

(c)  Shareholders representing 200 shares directed on their proxy cards that the proxy should abstain.

(d)  Shareholders representing 200 shares directed on their proxy cards that the proxy should abstain.

(e)  Shareholders representing 200 shares directed on their proxy cards that the proxy should abstain.

(f)  Shareholders representing 4,000 shares directed on their proxy cards that the proxy should abstain.

(g)  Shareholders representing 1,100 shares directed on their proxy cards that the proxy should abstain.

(h) Shareholders representing 4,900 shares directed on their proxy cards that the proxy should abstain.

(i)  Shareholders representing 75,960 shares directed on their proxy cards that the proxy should abstain.

(j)  Shareholders representing 82,650 shares directed on their proxy cards that the proxy should abstain.

(k) Shareholders representing 75,856 shares directed on their proxy cards that the proxy should abstain.

(l)  Shareholders representing 7,297 shares directed on their proxy cards that the proxy should abstain.

(m) Shareholders representing 96,834 shares directed on their proxy cards that the proxy should abstain.

Renishaw plc

14 October 2010

Registered office:           New Mills, Wotton-under-Edge, Gloucestershire GL12 8JR

Registered number:        1106260

Contact name:               Norma Tang

Contact telephone:         [phone]

www.renishaw.com

 

END

 

 

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