REG - Michelmersh Brick - Results of the Annual General Meeting

Michelmersh Brick HoldingsAnnouncement

15/05/2025 17:15

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RNS Number : 9033I  Michelmersh Brick Holdings PLC  15 May 2025

 

Michelmersh Brick Holdings Plc (the "Company")

 

Results of the Annual General Meeting

 

 

Michelmersh Brick Holdings PLC (AIM: MBH), the specialist brick manufacturer,
announces that at its Annual General Meeting held earlier today, Thursday 15
May 2025, all resolutions were duly passed.

The results of the voting by way of a poll on the ordinary and special
resolutions put to the AGM, and set out in the Notice of the Annual General
Meeting dated 3 April 2025, were as follows:

 

 No    RESOLUTION                                                                     VOTES       %       VOTES      %      TOTAL VOTES (EXCLUDING WITHHELD)  % of ISC VOTED  VOTES

FOR
AGAINST
WITHHELD
 1     To receive the Company's Accounts and Reports of the directors and the         46,310,742  100.00  1,063      0.00   46,311,805                        49.59%          447
       auditors for the financial year ended 31 December 2024.
 2     To declare a final dividend for the year ended 31 December 2024 of 3.00 pence  46,303,014  99.98   9,238      0.02   46,312,252                        49.59%          0
       per ordinary share.
 3     To re-elect Peter Sharp as a Director.                                         38,974,096  84.18   7,324,049  15.82  46,298,145                        49.57%          14,107
 4     To re-elect Ryan Mahoney as a Director.                                        38,974,081  84.18   7,324,064  15.82  46,298,145                        49.57%          14,107
 5     To re-elect Paula Hay-Plumb as a Director.                                     46,273,178  99.95   24,117     0.05   46,297,295                        49.57%          14,957
 6     To re-elect Anthony Morris as a Director.                                      45,627,097  98.55   670,198    1.45   46,297,295                        49.57%          14,957
 7     To re-appoint CLA Evelyn Partners Limited as auditor of the Company.           43,840,400  94.69   2,457,905  5.31   46,298,305                        49.57%          13,947
 8     To authorise the Audit Committee to fix the remuneration of the auditor.       46,294,546  99.97   15,862     0.03   46,310,408                        49.58%          1,844
 9     To authorise the Directors to allot shares.                                    46,179,901  99.72   130,060    0.28   46,309,961                        49.58%          2,291
 10    To authorise the Directors to dis-apply statutory pre-emption provisions on    45,087,958  97.36   1,222,003  2.64   46,309,961                        49.58%          2,291
       the allotment of shares.
 11    To dis-apply the pre-emption provisions for the purposes of acquisitions or    44,462,772  96.01   1,847,189  3.99   46,309,961                        49.58%          2,291
       capital investments.
 12    To authorise the Company to buy back shares.                                   45,433,143  99.94   27,098     0.06   45,460,241                        48.67%          852,011

 

 

Notes:

1.    Any proxy arrangement which gave discretion to the Chairman has been
included in the "for" totals.

2.    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.

3.    The number of shares in issue at close of business on 15(th) May 2025
at 6.30pm was 95,903,579. The Company holds 2,523,500 shares in treasury.

 

For further information, please contact:

 Michelmersh Brick Holdings plc                Tel: +44 (0)1825 430412
 Peter Sharp, Chief Executive Officer

 Ryan Mahoney, Chief Financial Officer
 Canaccord Genuity Limited (NOMAD and Broker)  Tel: +44 (0)20 7523 8000

 Max Hartley

 Bobbie Hilliam

 Harry Pardoe
 Yellow Jersey PR                              Tel: +44 (0)7747 788 221

 Charles Goodwin                               Tel: +44 (0)7775 194 357

 Annabelle Wills

 

About Michelmersh Brick Holdings PLC:

 

Michelmersh Brick Holdings PLC is a business with seven market leading brands:
Blockleys, Carlton, FabSpeed, Freshfield Lane, Michelmersh, Floren.be and
Hathern Terra Cotta. These divisions operate within a fully integrated
business, combining the production of premium, precision-made bricks, pavers,
special shaped bricks, bespoke Terra Cotta products and prefabricated brick
components. The Group also includes a landfill operator, New Acres Limited,
and seeks to develop future landfill and development opportunities on
ancillary land assets.

 

Established in 1997, the Company has grown through acquisition and organic
growth into a profitable and asset rich business, producing over 122 million
clay bricks and pavers per annum. Michelmersh currently owns most of the UK's
premium manufacturing brick brands and is a leading specification brick and
clay paving manufacturer.

 

Michelmersh strives to be a well invested, long term, sustainable,
environmentally responsible business. Opportunity, training and security for
all employees, whilst meeting the needs of stakeholders are at the forefront
of everything we do. We aim to lead the way in producing some of Britain's
premium clay products and enhancing our environment by adding value to the
architectural landscape for generations to come.

 

We are Michelmersh Brick Holdings PLC: we are "Britain's Brick Specialist".

 

Please visit the Group's websites at: www.mbhplc.co.uk
(http://www.mbhplc.co.uk/)  and www.bimbricks.com (http://www.bimbricks.com)

 

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