REG - Macfarlane Group PLC - Result of AGM

MacfarlaneAnnouncement

09/05/2023 15:15

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RNS Number : 8351Y  Macfarlane Group PLC  09 May 2023

9 May 2023

Macfarlane Group PLC

Result of Annual General Meeting

 

Macfarlane Group PLC confirms that shareholders passed all resolutions
proposed at the Annual General Meeting held today.  The resolutions were as
set out in the Notice of Meeting, as filed with the National Storage Mechanism
at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://url.avanan.click/v2/___https:/data.fca.org.uk/___.YXAxZTpzaG9yZWNhcDphOm86YmUxYTQ0ZmEyNzRiNzkyNTBiOWUwNzMzNDBjZDVkNmM6Njo3NWE1OjM3YjdhOWE0ZmMzNTMzM2Q4MGZiMDVhM2VkODZmMDM1MDVhOTQ0YTQ1OTAwNjRhMmE3OTBhOTA2OThlN2EyMzc6cDpU#/nsm/nationalstoragemechanism)
and are also available on the company's website, www.macfarlanegroup.com
(https://url.avanan.click/v2/___http:/www.macfarlanegroup.com___.YXAxZTpzaG9yZWNhcDphOm86YmUxYTQ0ZmEyNzRiNzkyNTBiOWUwNzMzNDBjZDVkNmM6NjpiZjI2OjM3MzdjNDRkYTYyMTkwY2YzYTgxZTIyZDc3YWE3YjIxMzdlYzRkNDg1ZTc2MTQ3N2QyZDFiMWQ3M2M0OGE2ZWY6cDpU)
.

Total number of shares in issue 158,337,000. Proxy appointments were received
from shareholders of 82,297,785 shares (including votes withheld) amounting to
51.98% of the issued share capital.

All resolutions were passed on a poll with resolutions 1 to 12 passed as
ordinary resolutions and resolutions 13 and 14 passed as special resolutions.

The following level of proxy appointments were lodged prior to the meeting:

                                                                              In Favour Votes           Against           Withheld

 Resolution and description                                                                             Votes             Votes
                                                                              No.              %        No.        %      No.

 1.   Adoption of the accounts                                                82,288,977       100.00%  3,808      0.00%  5,000
 2.   Approval of the Remuneration Report                                     79,253,155       96.72%   2,686,025  3.28%  358,605
 3.   Approval of Final Dividend                                              82,290,365       100.00%  2,420      0.00%  5,000
 4.   Re-elect Aleen Gulvanessian                                             78,678,815       95.62%   3,608,070  4.38%  10,900
 5.   Re-elect Peter D. Atkinson                                              82,249,164       99.95%   40,222     0.05%  8,399
 6.   Re-elect Ivor Gray                                                      82,244,364       99.95%   42,522     0.05%  10,899
 7.   Re-elect Robert McLellan                                                78,383,785       95.26%   3,900,600  4.74%  13,400
 8.   Re-elect James W.F. Baird                                               78,718,907       95.66%   3,567,978  4.34%  10,900
 9.   Elect Laura Whyte                                                       82,262,687       99.97%   24,199     0.03%  10,899
 10.  Re-appoint Deloitte LLP as auditors                                     82,239,399       99.94%   45,950     0.06%  12,436
 11.  Authorise the Directors to determine Auditor's remuneration             82,226,518       99.93%   58,831     0.07%  12,436
 12.  Authority to allot unissued shares under S. 551 of the Companies Act    82,142,633       99.83%   141,720    0.17%  13,432
 2006
 13.  Authority to dis-apply pre-emption rights pursuant to S. 561 of the     82,183,631       99.87%   104,659    0.13%  9,495
 Companies Act 2006 for 5% of the issued share capital
 14.  Authority to dis-apply pre-emption rights pursuant to  S. 561 of the    82,191,430       99.88%   97,159     0.12%  9,196
 Companies Act 2006 for an additional 5% of the issued share capital

 

A vote withheld is not a vote in law and is not counted in the calculation of
the number or % of votes "For" or "Against" a resolution.

 

 Further enquiries:  Macfarlane Group                                                           Tel: 0141 333 9666
                     Peter Atkinson                  Chief Executive
                     Ivor Gray                             Finance
                     Director

                     Spreng Thomson                                                             Tel: 0141 548 5191
                     Callum Spreng                                                              Mob: 07803 970103

 

Legal Entity Identifier (LEI):  213800LVRYDERSJAAZ73

 

 

Notes to Editors:

 

·    Macfarlane Group PLC has been listed on the Premium segment of the
Main Market of the London Stock Exchange (LSE: MACF) since 1973 with over 70
years' experience in the UK packaging industry.

·    Through its two divisions, Macfarlane Group services a broad range of
business customers, supplying them with high quality protective packaging
products which help customers reduce supply chain costs, improve operational
efficiencies, support their sustainability objectives and enhance their brand
presentation. The divisions are:

o  Packaging Distribution - Macfarlane Packaging Distribution is the leading
UK distributor of a comprehensive range of protective packaging products; and

o  Manufacturing Operations - Macfarlane Design and Manufacture who design
and produce protective packaging for high value and fragile products.

·    Headquartered in Glasgow, Scotland, Macfarlane Group employs over
1,000 people at 39 sites, principally in the UK, as well as in Ireland,
Germany and the Netherlands.

·    Macfarlane Group supplies more than 20,000 customers, principally in
the UK and Europe.

 ·    In partnership with 1,700 suppliers, Macfarlane Group distributes
and manufactures 600,000+ lines across a wide range of sectors, including:
retail e-commerce; consumer goods; food; logistics; mail order; electronics;
defence, automotive and aerospace.

 

 

 

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