REG - Michelmersh Brick - Result of AGM

Michelmersh Brick HoldingsAnnouncement

16/05/2024 16:15

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RNS Number : 7908O  Michelmersh Brick Holdings PLC  16 May 2024

 

Michelmersh Brick Holdings Plc (the "Company")

 

Results of the Annual General Meeting

 

 

Michelmersh Brick Holdings PLC (AIM: MBH), the specialist brick manufacturer,
announces that at its Annual General Meeting held earlier today, Thursday 16
May 2024, all resolutions were duly passed.

The results of the voting by way of a poll on the ordinary and special
resolutions put to the AGM, and set out in the Notice of the Annual General
Meeting dated 4 April 2024, were as follows:

 

 No    RESOLUTION                                                                     VOTES       %        VOTES      %      TOTAL VOTES (EXCLUDING WITHHELD)  % of ISC VOTED  VOTES

FOR
AGAINST
WITHHELD
 1     To receive the Company's Accounts and Reports of the directors and the         52,734,565  100.00%  0          0.00%  52,734,565                        56.29           50,280
       auditors for the financial year ended 31 December 2023.
 2     To declare a final dividend for the year ended 31 December 2023 of 3.00 pence  52,784,845  100.00%  0          0.00%  52,784,845                        56.35           0
       per ordinary share.
 3     To re-elect Peter Sharp as a Director.                                         52,716,905  99.96%   18,850     0.04%  52,735,755                        56.29           49,090
 4     To re-elect Ryan Mahoney as a Director.                                        52,717,390  99.97%   18,365     0.03%  52,735,755                        56.29           49,090
 5     To re-elect Paula Hay-Plumb as a Director.                                     52,706,012  99.94%   29,743     0.06%  52,735,755                        56.29           49,090
 6     To re-elect Anthony Morris as a Director.                                      52,705,585  99.94%   30,170     0.06%  52,735,755                        56.29           49,090
 7     To elect Robert Fenwick as a Director.                                         52,705,609  99.94%   30,146     0.06%  52,735,755                        56.29           49,090
 8     To re-appoint CLA Evelyn Partners Limited as auditor of the Company.           50,014,789  94.75%   2,770,056  5.25%  52,784,845                        56.35           0
 9     To authorise the Audit Committee to fix the remuneration of the auditor.       52,783,675  100.00%  1,170      0.00%  52,784,845                        56.35           0
 10    To authorise the Directors to allot shares.                                    52,725,264  99.96%   18,991     0.04%  52,744,255                        56.30           40,590
 11    To authorise the Directors to dis-apply statutory pre-emption provisions on    52,546,542  99.63%   193,213    0.37%  52,739,755                        56.30           45,090
       the allotment of shares.
 12    To dis-apply the pre-emption provisions fo the purposes of acquisitions or     51,410,665  97.48%   1,329,680  2.52%  52,740,345                        56.30           44,500
       capital investments.
 13    To authorise the Company to buy back shares.                                   49,955,436  99.94%   27,858     0.06%  49,983,294                        53.36           2,801,551

 

Notes:

1.    Any proxy arrangement which gave discretion to the Chairman has been
included in the "for" totals.

2.    A "Vote withheld" is not a vote in law and is not counted in the
calculation of the percentage of shares voted "For" or "Against" any
resolution.

3.    The number of shares in issue at close of business on 14(th) May 2024
at 6.30pm was 95,903,579. The Company holds 2,225,000 shares in treasury.

 

For further information, please contact:

 Michelmersh Brick Holdings plc                      Tel: +44 (0)1825 430412
 Peter Sharp, Chief Executive Officer

 Ryan Mahoney, Chief Financial Officer
 Canaccord Genuity Limited (NOMAD and Joint Broker)  Tel: +44 (0)20 7523 8000

 Max Hartley

 Bobbie Hilliam

 Harry Pardoe
 Berenberg (Joint Broker)                            Tel: +44 (0)20 3207 7800

 Richard Bootle

 Detlir Elizi

 Patrick Dolaghan
 Yellow Jersey PR                                    Tel: +44 (0)7747 788 221

 Charles Goodwin                                     Tel: +44 (0)7775 194 357

 Annabelle Wills

 

About Michelmersh Brick Holdings PLC:

 

Michelmersh Brick Holdings PLC is a business with seven market leading brands:
Blockleys, Carlton, FabSpeed, Freshfield Lane, Michelmersh, Floren.be and
Hathern Terra Cotta. These divisions operate within a fully integrated
business, combining the production of premium, precision-made bricks, pavers,
special shaped bricks, bespoke Terra Cotta products and prefabricated brick
components. The Group also includes a landfill operator, New Acres Limited,
and seeks to develop future landfill and development opportunities on
ancillary land assets.

 

Established in 1997, the Company has grown through acquisition and organic
growth into a profitable and asset rich business, producing over 122 million
clay bricks and pavers per annum. Michelmersh currently owns most of the UK's
premium manufacturing brick brands and is a leading specification brick and
clay paving manufacturer.

 

Michelmersh strives to be a well invested, long term, sustainable,
environmentally responsible business. Opportunity, training and security for
all employees, whilst meeting the needs of stakeholders are at the forefront
of everything we do. We aim to lead the way in producing some of Britain's
premium clay products and enhancing our environment by adding value to the
architectural landscape for generations to come.

 

We are Michelmersh Brick Holdings PLC: we are "Britain's Brick Specialist".

 

Please visit the Group's websites at: www.mbhplc.co.uk
(http://www.mbhplc.co.uk/)  and www.bimbricks.com (http://www.bimbricks.com)

 

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