REG - Trifast PLC - Result of AGM

TrifastAnnouncement

15/09/2023 15:15

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RNS Number : 6570M  Trifast PLC  15 September 2023

Friday 15 September 2023

 

 

Trifast plc

(Trifast or Company)

 

Leading international specialists in the engineering, manufacture, and
distribution

of high quality industrial fastenings and Category 'C' components principally
to major global assembly industries

 

 

RESULTS OF VOTING AT THE ANNUAL GENERAL MEETING (AGM)

 

Trifast plc ('the Company') announces that at today's AGM, all resolutions*
put to the Meeting and contained in the Notice of Meeting (NOM) dated 18 July
2023, and previously members on the register, were duly passed.

The result of the Poll is set out below:

 RESOLUTIONS                                                                     VOTES       %        VOTES       %       VOTES TOTAL  %        VOTES WITHELD

                                                                                 FOR                  AGAINST                          of ISC
 ORDINARY RESOLUTIONS
 Resolution 1                                                                    98,216,740  100.00%  504         0.00%   98,217,244   72.16%   8,935

 To consider the Company's Annual Report and Financial Statements and the
 reports of the Directors and Auditors for the year ended 31 March 2023.

 Resolution 2                                                                    78,382,028  79.99%   19,605,842  20.01%  97,987,870   71.99%   238,309

 To receive and approve the Directors' Remuneration Report contained in the
 Annual Report.

 Resolution 3                                                                    78,652,403  80.23%   19,380,051  19.77%  98,032,454   72.03%   193,725

 To receive and approve the Directors' Remuneration Policy contained in the
 Annual Report.

 Resolution 4                                                                    98,226,179  100.00%  0           0,00%   98,226,179   72.17%   0

 To declare a final dividend of 1.50p per share.

 Resolution 6                                                                    98,011,457  99.79%   202,422     0.21%   98,213,879   72.16%   12,300

 To re-elect Scott Mac Meekin as a Director.

 Resolution 7                                                                    97,238,189  99.06%   922,690     0.94%   98,160,879   72.12%   65,300

 To re-elect Clive Watson as a Director.
 Resolution 8                                                                    78,778,211  80.25%   19,384,603  19.75%  98,162,814   72.12%   63,365

 To re-elect Claire Balmforth as a Director.

 Resolution 9                                                                    98,143,020  99.93%   63,859      0.07%   98,206,879   72.16%   19,300

 To elect Darren Hayes-Powell as a Director.
 Resolution 10                                                                   98,018,457  99.99%   10,011      0.01%   98,028,468   72.02%   197,711

 To elect Louis Eperjesi as a Director.

 Resolution 11                                                                   98,207,478  100%     2,498       0.00%   98,209,976   72.16%   16,203

 To appoint BDO LLP as auditor of the Company to hold office until the next
 general meeting.
 Resolution 12                                                                   98,212,706  99.99%   11,538      0.01%   98,224,244   72.17%   1,935

 To authorise the Directors to fix the remuneration of the auditor.

 Resolution 13                                                                   78,884,324  80.31%   19,339,920  19.69%  98,224,244   72.17%   1,935

 To allow the Directors authority to allot shares.
 SPECIAL RESOLUTIONS
 Resolution 14                                                                   79,108,868  80.54%   19,115,376  19.46%  98,224,244   72.17%   1,935

 To allow the Directors authority for disapplication of pre-emption rights.

 Resolution 15                                                                   79,173,436  80.60%   19,050,808  19.40%  98,224,244   72.17%   1,935

 To allow the Directors authority for disapplication of pre-emption rights for
 an acquisition or capital investment.
 Resolution 16                                                                   97,150,483  99.94%   57,502      0.06%   97,207,985   71.42%   1,018,194

 To authorise the Company to make market purchases of its own shares.
 Resolution 17                                                                   97,298,474  99.06%   919,294     0.94%   98,217,768   72.16%   8,411

 That a general meeting other than an Annual General Meeting may be called on
 not less than 14 clear days' notice.

 

 

Voting

*Following the Company's announcement on 10 August 2023 regarding the
Directorate change, Resolution 5 was withdrawn and therefore did not require a
vote by Members.

 

Dividend

Following approval by shareholders, a final dividend of 1.50p will be paid on
13 October 2023 to Members on the register at the close of business on 29
September 2023.  The ordinary shares will become ex-dividend on 28 September
2023.

 

 

 

 

Enquiries to

Christopher Morgan, Company Secretary

Trifast plc

Office: +44 (0) 1825 747630

Email: Companysecretariat@trifast.com (mailto:Companysecretariat@trifast.com)

 

 

 

 

 

Notes:

 

The AGM was compliant with legal requirements for the AGM in accordance with
the Company's Articles of Association.

 

The 'for' vote includes those giving discretion to the Chair. A vote withheld
is not a vote in law and is not counted in the calculation of the votes for or
against a resolution.

 

As detailed in the NOM, Shareholders were able to submit any questions
regarding the business prior to the Meeting via the Company Secretariat
Office.  No questions relating to the Resolutions were submitted ahead of the
AGM by shareholders. Questions were put to the Board from the room and via the
viewing platform Investor Meet Company (IMC). These are contained within the
recording of the event which will be uploaded to the Company website in due
course.

 

At 15 September 2023 there were 136,104,935 Trifast plc ordinary shares of 5p
each in issue (ISC). Ordinary shareholders are entitled to one vote per share
held.

 

The Annual Report together with ancillary documents are available to view and
download on the Company's website at Trifast plc | Our reports
(https://www.trfastenings.com/investors/reports-and-presentations)

 

The 2023 Annual Report and Financial Statements for the period ended 31 March
2023, together with the Notice of AGM, were also, in accordance with Listing
Rule 9.6.1, submitted on to the FCA document viewing facility at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

 

In accordance with Listing Rule 9.6.2R, a copy of the resolutions passed as
Special Business at the AGM will also be submitted to the FCA document
viewing facility at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .  This information
will also be found on the Company's website at Trifast plc | Shareholder
meetings
(https://www.trfastenings.com/investors/shareholder-information/shareholder-meetings)

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