REG - Safestyle UK PLC - Result of 2023 Annual General Meeting

Safestyle UKAnnouncement

18/05/2023 12:15

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RNS Number : 9137Z  Safestyle UK PLC  18 May 2023

18 May 2023

Safestyle UK plc

("Safestyle" or the "Group")

Result of 2023 Annual General Meeting

 

Safestyle UK plc (AIM: SFE), the leading UK focused retailer and manufacturer
of PVCu replacement windows and doors for the homeowner market, is pleased to
announce that all of the resolutions set out in the Notice of AGM were passed
by the requisite majority at the Group's AGM, held earlier today.

Details of the proxy votes received by the Group are as follows:

                                                                                 For                   Against              Total Votes   Withheld
                                                                                 No. of votes  %       No. of votes  %      No. of votes  No. of votes
 1.     To receive the Annual Report and Accounts                                96,519,056    100.00  -             -      96,519,056    -
 2.     To approve the directors' remuneration report                            65,869,662    68.58   30,173,201    31.42  96,042,863    476,193
 3.     To approve a final dividend                                              96,513,715    99.99   4,148         0.01   96,517,863    1,193
 4.     To re-appoint Rob Neale                                                  96,518,397    100.00  -             -      96,518,397    659
 5.     To re-appoint Fiona Goldsmith                                            96,468,656    99.95   49,741        0.05   96,518,397    659
 6.     To re-appoint Michelle Williams                                          92,053,397    95.37   4,465,000     4.63   96,518,397    659
 7.     To re-appoint Phil Joyner                                                96,518,397    100.00  -             -      96,518,397    659
 8.     To re-appoint Grant Thornton UK LLP as auditors                          96,516,592    99.99   2,464         0.01   96,519,056    -
 9.     To authorise the directors to determine the remuneration of the          96,519,056    100.00  -             -      96,519,056    -
 auditors
 10.   To authorise the Directors to allot relevant securities                   96,017,204    99.48   500,659       0.52   96,517,863    1,193
 11.   To authorise the Group to hold any shares in the capital of the Group     96,518,397    99.99   659           0.01   96,519,056    -
 as treasury shares
 12.   To grant a limited disapplication of the statutory pre-emption rights*    96,017,863    99.48   500,000       0.52   96,517,863    1,193
 13.   To authorise the Group to make market purchases of its own ordinary       96,519,056    100.00  -             -      96,519,056    -
 shares*

*Special resolution

The Board notes that more than 20% of votes were cast against resolution 2.
The Board takes these votes very seriously and will continue to engage with
shareholders and shareholder advisory bodies as appropriate to ensure their
feedback informs the Company's future approach to these matters.

Notes:

1.    Proxy appointments which gave discretion to the Chairman of the AGM
have been included in the "For" total for the appropriate resolution.

2.    Votes "For" and "Against" any resolution are expressed as a
percentage of votes validly cast for that resolution.

3.    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".

4.    The number of shares in issue on 18 May 2023 was 138,867,384 with no
shares in treasury.

5.    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 Group's website
at
http://www.safestyleukplc.co.uk/investor-relations/reports-and-presentations
(http://www.safestyleukplc.co.uk/investor-relations/reports-and-presentations)
.

 

Enquiries:

 Safestyle UK plc                             via FTI Consulting

 Rob Neale, Chief Executive Officer

 Phil Joyner, Chief Financial Officer

 Zeus (Nominated Adviser & Joint Broker)      Tel: 0203 829 5000

 Dan Bate / James Edis (Investment Banking)

 Dominic King (Corporate Broking)

 Liberum Capital Limited (Joint Broker)       Tel: 0203 100 2100

 Jamie Richards / William King

 FTI Consulting (Financial PR)                Tel: 0203 727 1000

 Alex Beagley / Sam Macpherson / Amy Goldup

About Safestyle UK plc

The Group is the leading retailer and manufacturer of PVCu replacement windows
and doors to the UK homeowner market.  For more information please visit
www.safestyleukplc.co.uk (http://www.safestyleukplc.co.uk) or
www.safestyle-windows.co.uk (http://www.safestyle-windows.co.uk) .

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