REG - Vertu Motors PLC - AGM Result

Vertu MotorsAnnouncement

22/06/2022 11:30

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RNS Number : 8110P  Vertu Motors PLC  22 June 2022

22 June 2022

Vertu Motors plc ("Vertu Motors" or "Company")

Result of AGM

Vertu Motors plc, the UK automotive retailer with a network of 160 sales and
aftersales outlets across the UK, announces that all resolutions put to
shareholders at the Annual General Meeting held earlier today were duly passed
and the proxy voting results are set out below.

                                        In Favour                                 Against                                Withheld
 Resolution                             Votes        % age                 Votes              % age               Votes
 1       Annual Report and Accounts     159,839,488  99.51                        787,061     0.49                       706,743
 2       Reappointment of Auditors      159,752,537  99.04                        1,556,426   0.96                       24,329
 3       Auditors' Remuneration         160,954,602  99.97                        54,646      0.03                       324,044
 4       Dividend                       133,513,622  82.77                        27,793,494  17.23                      26,176
 5       Re-election of Andrew Goss     133,414,520  82.71                        27,892,596  17.29                      26,176
 6       Re-election of Karen Anderson  161,309,928  99.99                        20,615      0.01                       2,749
 7       Remuneration Report            151,328,925  93.80                        10,000,414  6.20                       3,953
 8       Authority to Allot             157,905,880  98.23                        2,841,770   1.77                       585,642
 9       Disapplication of Pre-Emption  145,402,772  90.14                        15,898,934  9.86                       31,586
 10      Pre-emption on acquisitions    160,055,549  99.21                        1,267,420   0.79                       10,323
  11     Purchase of Own Shares         154,451,329  99.48                        809,773     0.52                       6,072,190

 

- Ends -

For further information please contact:

 Vertu Motors plc
 Robert Forrester, CEO  Tel: 0191 491 2121
 Karen Anderson, CFO    Tel: 0191 491 2121
 Zeus Capital Limited
 Jamie Peel             Tel: 020 3829 5000

 Andrew Jones

 Dominic King
 Camarco
 Billy Clegg            Tel: 020 3757 4983

 Tom Huddart

 

Notes to Editors

Vertu Motors is the fifth largest automotive retailer in the UK with a network
of 160 sales outlets across the UK. Its dealerships operate predominantly
under the Bristol Street Motors, Vertu, Macklin Motors brand names.

Vertu Motors was established in November 2006 with the strategy to consolidate
the UK motor retail sector.  It is intended that the Group will continue to
acquire motor retail operations to grow a scaled dealership group.  The
Group's acquisition strategy is supplemented by a focused organic growth
strategy to drive operational efficiencies through its national dealership
network. The Group currently operates 156 franchised sales outlets and 4
non-franchised sales operations from 121 locations across the UK.

Vertu's Mission Statement is to "deliver an outstanding customer motoring
experience through honesty and trust".

Vertu Motors Group websites - https://investors.vertumotors.com/
(https://investors.vertumotors.com/) /www.vertucareers.com
(http://www.vertucareers.com)

Vertu brand websites - www.vertumotors.com (http://www.vertumotors.com) /
www.bristolstreet.co.uk (http://www.bristolstreet.co.uk) / www.vertuhonda.com
(http://www.vertuhonda.com) / www.vertutoyota.com (http://www.vertutoyota.com)
/ www.macklinmotors.co.uk (http://www.macklinmotors.co.uk) /
www.vertumotorcyles.com (http://www.vertumotorcyles.com)

 

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