REG - Luceco PLC - Result of AGM

LucecoAnnouncement

13/05/2021 15:45

RNS Number : 5873Y
  
Luceco PLC
  
13 May 2021
  
 

Luceco plc
(the "Company")
 
13 May 2021
 
Annual General Meeting ("AGM") Results
 
The Company announces that at its Annual General Meeting held earlier today all the resolutions set out in the Notice of Annual General Meeting were passed by the requisite majority. Each of the resolutions put to the AGM was voted on by way of a poll. The results of the poll for each resolution were as follows:
 




No.


Resolution
 


For


Against
 


Votes Withheld


Total issued share capital instructed 




Number of shares


%


Number of shares


%


Number of shares


%




1


To receive the Annual Report and Accounts


130,487,552


99.997


3,500


0.003


425,000


81.15




2


To declare a final dividend of 4.7 pence per ordinary share


130,916,052


100.000


0


0.000


0


81.42




3


To approve the Directors' Remuneration Report


129,980,603


99.671


428,500


0.329


506,949


81.10




4


To re-elect Giles Brand

as a Director


127,537,228


97.419


3,378,824


2.581


0


81.42




5


To re-elect Caroline Brown as a Director


130,905,452


99.997


3,500


0.003


7,100


81.41




6


To re-elect John Hornby

as a Director


130,912,552


99.997


3,500


0.003


0


81.42




7


To re-elect Will Hoy

as a Director


130,905,452


99.997


3,500


0.003


7,100


81.41




8


To re-elect Tim Surridge

as a Director


130,905,452


99.997


3,500


0.003


7,100


81.41




9


To elect Pim Vervaat

as a Director


130,905,452


99.997


3,500


0.003


7,100


81.41




10


To re-elect Matt Webb

as a Director 


130,693,865


99.836


215,087


0.164


7,100


81.41




11


To re-appoint KPMG LLP

as Auditor of the Company


130,487,552


99.673


428,500


0.327


0


81.42




12


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


130,912,552


99.997


3,500


0.003


0


81.42




13


To make political donations and incur political expenditure


129,449,605


99.208


1,033,685


0.792


432,762


81.15




14


Authority to allot shares


130,834,625


99.938


81,427


0.062


0


81.42




15*


Authority to disapply pre-emption rights


130,902,273


99.994


7,779


0.006


6,000


81.41




16*


Authority to disapply pre-emption rights in limited circumstances


130,476,365


99.671


430,687


0.329


9,000


81.41




17*


Authority for the Company to purchase its own shares


130,482,865


99.669


433,187


0.331


0


81.42




18*


Authority to call general meetings (other than AGMs) on 14 clear days' notice


130,737,487


99.864


178,565


0.136


0


81.42




* special resolution




 
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, whose votes accounted for 79,531,291 of votes received (40,064,372 shares, 9,466,919 shares and 30,000,000 shares respectively). Each resolution to re-elect independent non-executive directors (resolutions 5, 7, 8 and 9) 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 11 May 2021 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 14-18 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.




9.


These 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 8572




MHP Communications
Tim Rowntree
James Bavister


020 3128 8572



 
 
 



 
 

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