REG - Luceco PLC - Result of AGM

LucecoAnnouncement

24/05/2019 15:25

RNS Number : 1836A
Luceco PLC
24 May 2019
 


Luceco plc
(the "Company")
 
24 May 2019
 
Annual General Meeting ("AGM") Results
 
The Company announces that at its AGM held earlier today, all of the resolutions set out in the Notice of AGM were passed by the requisite majority. Each of the resolutions put to the AGM were voted on by way of a poll. The results of the poll for each resolution are as follows:
 




Resolution
* indicates Special Resolution


For
(No. of shares)


For
(%)


Against
(No. of shares)


Against
(%)


Votes Withheld
(No. of shares)


Total issued share capital instructed (%)




1. To receive the Annual Report and Accounts


99,166,162


100.00


2,000


0.00


0


61.67




2. To declare the final dividend payment


99,168,162


100.00


0


0.00


0


61.67




3.  To approve the Directors' Remuneration Report


98,739,615


100.00


2,000


0.00


426,547


61.41




4. To re-elect John Barton as a Director


99,160,019


100.00


0


0.00


8,143


61.67




5. To re-elect Giles Brand as a Director


98,724,241


99.56


435,778


0.44


8,143


61.67




6. To re-elect Caroline Brown as a Director


98,521,076


99.35


640,943


0.65


6,143


61.67




7. To re-elect John Hornby as a Director


99,149,241


100.00


0


0.00


18,921


61.66




 8. To re-elect Tim Surridge      as a Director


99,151,241


100.00


0


0.00


16,921


61.66




 9. To re-elect Matt Webb

     as a Director


99,149,241


99.99


10,778


0.01


8,143


61.67




10. To re-appoint KPMG LLP as Auditor of the Company


98,723,352


99.98


19,406


0.02


425,404


61.41




11. To authorise the Audit Committee to determine the Auditor's remuneration


99,154,980


100.00


0


0.00


13,182


61.66




12.  To authorise the Company to make political donations


97,139,098


98.39


1,592,882


1.61


436,182


61.40




13. To authorise the Directors to allot ordinary shares


99,156,837


100.00


143


0.00


11,182


61.66




14. To authorise the issue of equity without pre-emption rights*


99,156,837


100.00


143


0.00


11,182


61.66




15. To authorise the issue of equity without pre-emption rights in connection with an acquisition or capital investment*


98,729,837


99.57


427,143


0.43


11,182


61.66




16. To authorise the Company to purchase its own ordinary shares.*


98,732,384


99.57


425,000


0.43


10,778


61.67




17.  To authorise the Directors to call general meetings on not less than 14 clear days' notice.*


98,537,997


99.36


630,165


0.64


0


61.67



 
 
 
 
 
 
 
 



 
 
For the purposes of the FCA Listing Rules, the Luceco plc Concert Party (being EPIC Investments LLP, Giles Brand and John Hornby) is a controlling shareholder as a result of it holding 85,927,925 shares (44,064,372 shares, 9,466,919 shares and 32,396,634 shares respectively). Each resolution to re-elect independent non-executive directors (resolutions 4, 6 and 8) have under Listing Rule 9.2.2E been approved by a majority of the votes cast by: (i) the shareholders of the Company as a whole; and (ii) the independent shareholders of the Company, that is, all the shareholders entitled to vote on each resolution excluding the controlling shareholder.
 




NOTES:
 


 




1.


All resolutions were passed.
 




2.


Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.
 




3.


Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.
 




4.


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 nor in the calculation of the proportion of "Total issued share capital instructed" for any resolution.
 




5.


The number of shares in issue at close of business on 22 May 2019 was 160,800,000 (the "Share Capital") and at that time, the Company did not hold any shares in treasury.
 




6.


The proportion of "Total issued share capital instructed" for any resolution is the total of votes validly cast for that resolution (i.e. the total votes "For" and "Against" that resolution) expressed as a percentage of the Share Capital.
 




7.


The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.lucecoplc.com
 




8.


A copy of resolutions 13-17 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at www.morningstar.co.uk/uk/NSM.
 




9.


The complete poll results will be available shortly on the Company's website at www.lucecoplc.com
 




 For further information please contact:
 


 




Luceco plc
John Hornby, Chief Executive Officer
Matt Webb, Chief Financial Officer
 


via MHP Communications
020 3128 8574




MHP Communications
Tim Rowntree
Ollie Hoare
Guy Featherstone
 


020 3128 8574




Numis Securities
Stuart Skinner
Huw Jeremy
Toby Adcock 


020 7260 1000



 
 
 



 




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