REG - Driver Group plc - Result of Annual General Meeting

DriverAnnouncement

05/03/2024 17:15

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RNS Number : 7020F  Driver Group plc  05 March 2024

Driver Group Plc

("Driver Group", "Driver" or the "Company")

Result of Annual General Meeting

The Annual General Meeting of Driver Group Plc was held at 125 Old Broad
Street, London, EC2N 1AR, United Kingdom on Tuesday, 5 March 2024 at 11:00
a.m.

All 11 resolutions put to members were passed on a poll. Resolutions 1 to 8
were passed as ordinary resolutions and resolutions 9 to 11 were passed as
special resolutions.

At the AGM, shareholders approved the proposed change of name to Diales Plc
which is expected to come into effect during H2 FY24. Further details
regarding the Company's change of name, including the new ticker code, and
updated website address, containing the information required to be published
pursuant to Rule 26 of the AIM Rules for Companies, will be announced in due
course.

The number of votes cast for and against each of the resolutions proposed, and
the number of votes withheld were as follows:

  Resolution                                                                     Votes for   %      Votes against  %     Votes withheld
 Resolution 1 (Ordinary)                                                         34,495,996  97.90  738,194        2.10  3,438

 To receive the reports of the Directors and the Financial Statements for the
 year ended 30 September 2023.
 Resolution 2 (Ordinary)                                                         35,206,190  99.92  28,000         0.08  3,438

 To declare a final dividend for the year ended 30 September 2023 of 0.75p per
 share.
 Resolution 3 (Ordinary)                                                         34,031,190  96.59  1,203,000      3.41  3,438

 To re-elect Mark Wheeler as a Director.
 Resolution 4 (Ordinary)                                                         32,404,254  91.97  2,829,936      8.03  3,438

 To re-elect John Mullen as a Director.
 Resolution 5 (Ordinary)                                                         34,031,190  96.59  1,203,000      3.41  3,438

 To elect Shaun Smith as a Director.
 Resolution 6 (Ordinary)                                                         35,110,956  99.92  28,234         0.08  98,438

 To re-appoint Kreston Reeves LLP as auditor of the Company to hold office
 until the conclusion of the next general meeting at which accounts are laid
 before the Company.
 Resolution 7 (Ordinary)                                                         35,111,190  99.92  28,000         0.08  98,438

 To authorise the Directors to determine the fees payable to the auditor.
 Resolution 8 (Ordinary)                                                         34,025,501  96.83  1,113,689      3.17  98,438

 To authorise the directors to allot shares in the Company up to an aggregate
 nominal amount of £70,147.63.
 Resolution 9 (Special)                                                          34,016,624  96.81  1,122,566      3.19  98,438

 To disapply pre-emption rights in the circumstances set out in the Notice of
 AGM.
 Resolution 10 (Special)                                                         34,122,058  96.84  1,112,132      3.16  3,438

 To authorise the Company generally and unconditionally to make market
 purchases in the circumstances set out in the notice of AGM.
 Resolution 11 (Special)                                                         34,077,058  96.84  1,112,132      3.16  48,438

 That the registered name of the Company be changed to Diales Plc.

 

As at Tuesday, 5 March 2024, there were 53,962,868 ordinary shares in issue,
of which 1,352,140 are held in treasury. Therefore, the total number of
Ordinary Shares carrying voting rights in Driver is 52,610,728. Shareholders
are entitled to one vote per share. Votes withheld are not votes in law and so
have not been included in the calculation of the proportion of votes for and
against a resolution.

The full text of each resolution is available in the Notice of Annual General
Meeting, published on our website.

 

ENDS

Enquiries:

 

 Driver Group plc                             020 7377 0005
 Mark Wheeler (CEO)
 Charlotte Parsons (CFO)

 Singer Capital Markets (Nomad & Broker)      020 7496 3000
 Sandy Fraser
 Jen Boorer

 Acuitas Communications                       020 3745 0293 / 07799 767676
 Simon Nayyar                                 simon.nayyar@acuitascomms.com
 Arthur Dingemans                             arthur.dingemans@acuitascomms.com

 

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