REG - Thruvision Group PLC - AGM Statement

ThruvisionAnnouncement

21/09/2018 10:25

RNS Number : 5492B
Thruvision Group PLC
21 September 2018
 


 
 
21 September 2018
Thruvision Group plc
 
("Thruvision" or the "Group")
 
Result of Annual General Meeting
 
Thruvision (AIM: THRU) the specialist provider of people-screening technology to the international security market, announces that following the Annual General Meeting ("AGM") of shareholders held earlier today at the offices of Osborne Clarke LLP, One London Wall, London EC2Y 5EB, all resolutions were duly passed by the requisite majority. The number of proxies received in respect of each resolution were as follows:
 
 



 


Resolution


Total votes for


%


Total votes against


%


Total votes cast


 


Votes withheld




1.    


Receipt of directors and auditors report


89,118,648


100


nil


nil


89,118,648


 


4,670




2.    


Approval of remuneration report


59,383,596


66.63


29,738,303


33.37


89,121,899


 


1,419




3.    


Re-election of Paul Taylor


89,107,927


99.98


15,391


0.02


89,123,318


 


nil




4.    


Election of Ian Lindsay


89,117,927
 


99.99
 


5,391
 


0.01
 


89,123,318
 


 


nil




5.    


Appointment of Auditors


89,117,927
 


99.99


5,319


0.01


89,123,318
 


 


nil




6.    


Authority for Directors to set Auditors remuneration
 


89,118,648


99.99
 


4,670
 


0.01
 


89,123,318
 


 


nil




7.    


Rule amendment to the LTIP


89,102,608


99.98
 


15,391
 


0.02
 


89,117,999
 


 


5,319




8.    


Authority for Directors to allot equity securities
 


89,077,579


99.95


40,420


0.05


89,117,999


 


5,319




9.    


Authority for Directors to allot equity securities for cash on a non-premptive basis
 


89,057,849


99.93


65,469


0.07


89,123,318


 


nil




10.       


Authority for Directors to allot equity securities for cash in respect of an acquisition or other capital project.


89,057,849


99.93


65,469


0.07


89,123,318


 


nil




11.  


Authority for the Company to make market purchases of its own Ordinary Shares


89,077,579
 


99.95
 


40,420
 


0.05
 


89,117,999
 


 


5,319




 



Notes
1.     Any proxy appointments which gave discretion to the Chairman have been included in the 'Total votes for' total.
2.     A 'Vote Withheld' is not a valid vote in law and was not counted in the calculation of the proportion of the votes 'for' or 'Against' a resolution. 
 
The Board has noted that in excess of 33% of proxy votes received voted against the approval of the Remuneration Report. The Board continues to engage closely with shareholders, and it is the intention of the Chairman to discuss this matter, and any other shareholder concerns, with major shareholders on the investor roadshow following the announcement of interim results in December 2018. In addition, the Chairman of the Remuneration committee is always available to discuss any remuneration concerns that any shareholder may have.
 
 
 
 
 
For further information please contact:
 
Thruvision Group plc                                                              +44 (0)1235 436180
Tom Black, Executive Chairman
Colin Evans, Managing Director
 
Investec Bank plc                                                                   +44 (0)20 7597 5970
Andrew Pinder / Sebastian Lawrence / Patrick Robb
 
FTI Consulting LLP                                                                   +44 (0)20 3727 1000
Edward Bridges / Matt Dixon / Harry Staight
 
 
 
 
About Thruvision
Thruvision Group plc is a specialist provider of people-screening technology that can detect weapons, explosives and contraband hidden under clothing. Developed with extensive support from the British and US Governments, Thruvision technology is operationally proven and is being used to enhance the security of transport hubs, borders, high profile buildings and public areas.
 
 
www.thruvision.com 



 




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