AGM Resolutions Passed

RNS Number : 4102Z

Renold PLC

21 September 2009

 



RENOLD PLC 

('Renold' or the 'Company')

Resolutions passed at Annual General Meeting on 21 September 2009

Renold is pleased to announce that all resolutions proposed at its Annual General Meeting were duly passed.  Full details of each resolution were set out in the Notice of Annual General Meeting which is available on the Company's website at www.renold.com. 

Two copies of the resolutions, other than resolutions concerning ordinary business, have been submitted to the UK Listing Authority in accordance with Listing Rule 9.6.2 and will be shortly available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at:

Financial Services Authority

25 The North Colonnade

Canary Wharf

London E14 5HS

All resolutions put to the meeting were passed on a show of hands. 

The following is a summary of the Forms of Proxy received up to 48 hours before the time of the Annual General Meeting by Renold's Registrars:

Resolution	For and Discretion	Against	Withheld*
	%	%
1. To receive and consider the accounts and the directors' and auditor's reports on them	99.99	0.01	1,000
2. To approve the directors' remuneration report	99.83	0.17	26,985
3. To re-elect Matthew Peacock as a director	99.91	0.09	5,161
4. To re-elect David Shearer as a director	99.87	0.13	4,857
5. To re-appoint Ernst & Young LLP as auditor	99.92	0.08	1,006,684
6. To authorise the audit committee to determine the auditor's remuneration	99.93	0.07	3,410
7. To increase authorised share capital	99.69	0.31	16,871
8. To authorise the directors to allot shares	94.89	5.11	13,287
9. To disapply pre-emption rights**	97.28	2.72	16,730
10. To authorise the Company to make market purchases of its own ordinary shares**	99.75	0.25	8,033
11. To authorise the calling of a general meeting on not less than 14 clear days' notice**	97.69	2.31	5,382
12. To amend the Company's Articles of Association**	99.71	0.29	28,749
13. To authorise political donations**	97.03	2.97	32,743

* A 'Vote Withheld' is not a vote in law and is not counted towards the votes cast 'for' or

'against' a resolution

** Passed as special resolutions

Renold also announces that Rod Powell, a Non-Executive Director since September 2006, retired as a Director at the conclusion of the Annual General Meeting and will not be presenting himself for re-election.

Matthew Peacock, Chairman of Renold, said, 'I would like to thank Rod for all his efforts on behalf of Renold, in particular for his input into manufacturing strategy and as Chairman of the Remuneration Committee.'

21 September 2009

Hannah Woodcock

Assistant Company Secretary

0161 498 4500

 

END

 

 

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