Annual Financial Report & Notice of AGM

RNS Number : 0996S

Softcat PLC

11 November 2021

 

 11 November 2021

SOFTCAT plc

("Softcat", the "Company")

Annual Financial Report

and

Notice of Annual General Meeting

Following the release on 26 October 2021 of the Company's preliminary results for the year ended 31 July 2021, the Company announces that it has published its 2021 Annual Report and Accounts.

The Company also announces that its 2021 Annual General Meeting ("AGM") will be held at 11.30 a.m. on 15 December 2021 at Solar House, Fieldhouse Lane, Marlow, Buckinghamshire, SL7 1LW, United Kingdom. The Company welcomes questions from shareholders on the business of the AGM, or any other matters relating to the Company, which should be submitted to the Company Secretary by email to [e-mail] by 11.30am on 14 December 2021 or by letter addressed to the Company Secretary at the Company's Registered Office. Shareholders intending to attend the AGM are asked to observe all relevant Government guidance in respect of COVID-19. In particular, shareholders should not attend if they are required to self-isolate or if they are experiencing the symptoms of COVID-19.

A copy of the Annual Report and Accounts and Notice of AGM are available to view on the Company's website at https://www.softcat.com/about-us/investor-centre/shareholder-information .  Hard copies will be mailed on 15 November 2021 to those shareholders who have elected to continue to receive paper communications.

In accordance with Listing Rule 9.6.1, the below documents will be submitted to the Financial Conduct Authority via the National Storage Mechanism and will shortly be available to the public for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism :

2021 Annual Reports and Accounts

Notice of 2021 Annual General Meeting

A condensed set of the Company's financial statements and information on important events that have occurred during the financial year and their impact on the financial statements, were included in the preliminary results announcement released on 26 October 2021. That information, together with the information set out below, which is extracted from the 2021 Annual Report and Accounts, is provided in accordance with the Disclosure Guidance and Transparency Rule 6.3.5 which is required to be communicated to the media in full unedited text through a Regulatory Information Service. This information should be read in conjunction with the Company's preliminary results announcement. This announcement is not a substitute for reading the full 2021 Annual Report and Accounts. Any page or note references in the text below refer to page numbers and note numbers in the 2021 Annual Report and Accounts.

Related party relationships and transactions

Transactions with key management personnel

The remuneration of key management personnel, which consists of persons who have been deemed to be discharging managerial responsibilities, is set out below in aggregate for each of the categories specified in IAS 24 Related Party Disclosures.

	2021	2020
	£'000	£'000
Short-term employee benefits	2,758	2,489
Post-employment benefits	19	12
	2,777	2,501

Key management personnel received a total of 99,902 share awards (2020: 108,750) at a weighted average exercise price of £Nil (2020: £Nil).

The amounts disclosed in the table are the amounts recognised as an expense during the reporting period related to key management personnel.

Share-based payment charges include £1,049,849 (2020: £960,117) in respect of key management personnel.

Dividends to Directors

	2021	2020
	£'000	£'000
M Hellawell	1,555	1,382
G Watt	-	-
G Charlton	17	16
R Perriss	5	-
V Murria	51	78
K Slatford	-	-
P Ventress1	-	8
	1,628	1,484

Note:

1. Peter Ventress resigned from the Board on 31 December 2019. Amounts shown above relate to the time until resignation.

For further information, please contact:

Softcat

Luke Thomas   Tel: [phone]

Company Secretary

Softcat plc

 

END

 

 

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