REG - Midwich Group PLC - Result of AGM

MidwichAnnouncement

13/05/2025 15:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250513:nRSM5105Ia&default-theme=true

RNS Number : 5105I  Midwich Group PLC  13 May 2025

13 May 2025

 

Midwich Group plc

("Midwich" or the "Group")

 

Result of AGM

 

Midwich Group (AIM: MIDW), a global specialist audio visual distributor to the
trade market, announces that at the Annual General Meeting held earlier today,
all resolutions were duly passed.

 

Details of the proxy votes received on each resolution by Midwich's Registrar
are set out below:

 

 Resolution                                                                              In Favour                    Against                   Total votes cast  % ISC voted  Withheld votes
         Number of                                                                       %           Number of votes  %        Number of votes
         votes
 1       Ordinary resolution to receive and adopt the Company's annual accounts for the  63,925,589  99.99%           1,004    0.01%            63,926,593        61.15%               9,705,941
         financial year ended 31 December 2024
 2       Ordinary resolution to re-elect Stephen Fenby as a director of the Company.     63,910,524  99.97%           20,321   0.03%            63,930,845        61.15%               9,701,689
 3       Ordinary resolution to re-elect Andrew Herbert as a director of the Company.    63,820,472  99.83%           110,373  0.17%            63,930,845        61.15%               9,701,689
 4       Ordinary resolution to re-elect Mike Ashley as a director of the Company.       63,047,757  98.62%           883,088  1.38%            63,930,845        61.15%               9,701,689
 5       Ordinary resolution to re-elect Stephen Lamb as a director of the Company.      63,771,917  99.75%           158,928  0.25%            63,930,845        61.15%               9,701,689
 6       Ordinary resolution to re-elect Hilary Wright as a director of the Company.     63,910,524  99.97%           20,321   0.03%            63,930,845        61.15%               9,701,689
 7       Ordinary resolution to re-elect Alison Seekings as a director of the Company.   63,910,524  99.97%           20,321   0.03%            63,930,845        61.15%               9,701,689
 8       Ordinary resolution to re-appoint RSM UK Audit LLP as the Company's auditors.   63,925,589  99.99%           1,004    0.01%            63,926,593        61.15%               9,701,689
 9       Ordinary resolution to declare a final dividend for the financial year ended    63,930,787  99.99%           58       0.01%            63,930,845        61.15%               9,705,941
         31 December 2024 of 7.5p per ordinary share.
 10      Ordinary resolution to approve the Directors' Remuneration Report (excluding    63,001,520  98.55%           928,928  1.45%            63,930,448        61.15%               9,702,086
         the directors' remuneration policy).
 11      Ordinary resolution to authorise the directors to allot shares.                 63,152,487  98.78%           777,961  1.22%            63,930,448        61.15%               9,702,086
 12      Special resolution to disapply pre-emption rights.                              63,149,566  98.78%           780,882  1.22%            63,930,448        61.15%               9,702,086
 13      Further special resolution to disapply pre-emption rights in circumstances      63,149,566  98.78%           780,882  1.22%            63,930,448        61.15%               9,702,086
         permitted by the Pre-emption Group guidelines.
 14      Further special resolution that the Company be generally and unconditionally    51,254,990  99.99%           1,004    0.01%            51,255,994        49.03%             22,376,540
         authorised for the purposes of Section 701 of the CA 2006 to make market
         purchases of the Company's own shares.

 

 

For further information:

 

 Midwich Group plc                                       +44 (0) 1379 649200

Stephen Fenby, Managing Director

Stephen Lamb, Finance Director
 Investec Bank plc (NOMAD and Joint Broker to Midwich)   +44 (0) 20 7597 5970

 Carlton Nelson / Ben Griffiths
 Berenberg (Joint Broker to Midwich)                     +44 (0) 20 3207 7800

Ben Wright / Richard Andrews
 FTI Consulting                                          +44 (0) 20 3727 1000

Alex Beagley / Tom Hufton / Matthew Young

 

About Midwich Group

 

Specialisation at scale.

Midwich Group is a network of businesses which partner with the world's
leading technology companies to accelerate their growth. Selling into over 50
countries from 23 global locations, the Group specialises in audiovisual
technology - whether in state-of-the-art meeting rooms or on a festival main
stage, our solutions help the world connect, communicate, or experience wow
moments.

 

Taking technology further.

With services ranging from product distribution to complex system design,
focused marketing campaigns to flexible financing solutions, and showcase
events to seed funding for startups, the Group's ever-expanding offering is
designed to add value and solve its partners' biggest challenges.

 

This has enabled the Group to maintain strong relationships with global
manufacturers and a diverse customer base of over 24,000, including
professional integrators, event production companies and IT resellers in
sectors such as education, corporate, retail and live events.

 

Enabling tomorrow.

With over 1,800 employees across the UK and Ireland, EMEA, Asia Pacific and
North America, the company is committed to being a responsible employer.

 

The Group wants to do the right thing and actively works to limit its impact
on the environment and communities, and recognises the importance of giving
back - find out more about our sustainability activities here
(https://midwichgroupplc.com/sustainability/) .

 

Help us go further, together.

For further information, please visit www.midwichgroupplc.com
(http://www.midwichgroupplc.com/)

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RAGAJMITMTJBBTA