REG - Mears Grp PLC - Result of GM

MearsAnnouncement

03/03/2025 17:45

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RNS Number : 1711Z  Mears Group PLC  03 March 2025

3 March 2025

Mears Group PLC

("Mears")

 

Result of GM

 

Mears Group PLC held a General Meeting ("GM") earlier today. The sole
resolution was passed on a poll. The results of the resolution are as follows:

 

 Resolution                                                              Votes For   Votes Against  Votes withheld  Total votes cast  Percentage of issued share capital voted (%)
 1 THAT the Company be generally and unconditionally authorised for the  53,533,947  6,074,396      142,307         59,608,343        67.13%
 purposes of Section 701 of the Act to make market

 purchases.

 

Notes:

 

(i)            Votes 'For' include those votes giving the Chairman
discretion.

(ii)           The number of ordinary shares in issue on 27 February
2025 was 88,790,069. Shareholders are entitled to one vote per share.

(iii)          A vote withheld is not a vote in law and is not
counted in the calculation of the proportion of votes validly cast.

 

Full details of the resolutions are set out in the Notice of General Meeting
dated 10 February 2025, which is available on the Company's website at
https://www.mearsgroup.co.uk/meetings-voting/2025-notice-of-general-meeting
(https://www.mearsgroup.co.uk/meetings-voting/2025-notice-of-general-meeting)
.

 

Resolution 1 was a special resolution, requiring at least 75% of shareholders'
votes to be cast in favour of the resolution.

 

A copy of the resolution passed at the General Meeting has been submitted to
the Financial Conduct Authority via the National Storage Mechanism and will
shortly be available for inspection.

 

For further information, contact:

 

Mears Group PLC

Ben Westran, Company Secretary
 
Tel: +44(0)1452 634600

www.mearsgroup.co.uk

 

Notes for editors

 

Mears is a leading provider of services to the Housing sector, providing a
range of services to individuals within their homes. We manage and maintain
around 450,000 homes across the UK and work predominantly with Central
Government and Local Government, typically through long-term contracts. We
equally consider the residents of the homes that we manage and maintain to be
our customers, and we take pride in the high levels of customer satisfaction
that we achieve.

 

Mears currently employs over 5,000 people and provides services in every
region of the UK. In partnership with our Housing clients, we provide property
management and maintenance services. Mears has extended its activities to
provide broader housing solutions to solve the challenge posed by the lack of
affordable housing and to provide accommodation and support for the most
vulnerable.

 

We focus on long-term outcomes for people rather than short-term solutions and
invest in innovations that have a positive impact on people's quality of life
and on their communities' social, economic, and environmental wellbeing. Our
innovative approaches and market leading positions are intended to create
value for our customers and the people they serve while also driving
sustainable financial returns for our providers of capital, especially our
shareholders.

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