REG - Vertu Motors PLC - Result of AGM <Origin Href="QuoteRef">VTU.L</Origin>

Vertu MotorsAnnouncement

20/07/2016 11:05

RNS Number : 7381E
Vertu Motors PLC
20 July 2016
20 July 2016
Vertu Motors plc ("Vertu Motors")
Result of AGM
Vertu Motors plc, the UK automotive retailer with a network of 132 sales and aftersales outlets across the UK and a proven growth strategy,announces that all resolutions put to shareholders at the Annual General Meeting held earlier today were duly passed. The proxy voting results are set out below:

In Favour

Discretion

Against

Withheld
Resolution
Votes
%age
Votes
%age
Votes
%age
Votes
1
Annual Report and Accounts
174,583,993
99.16

17,680
0.01

1,456,700
0.83

487,822
2
Reappointment of Auditors
161,056,369
91.23

16,552
0.01

15,469,346
8.76

3,928
3
Auditors' Remuneration
174,828,306
99.03

16,552
0.01

1,700,209
0.96

1,128
4
Final Dividend
176,529,643
99.99

16,552
0.01

0
0

0
5
Re-election of Robert Forrester
175,530,898
99.42

16,552
0.01

998,745
0.57

0
6
Re-election of Nigel Stead
169,986,487
96.29

16,552
0.01

6,540,356
3.7

2,800
7
Election of Pauline Best
176,307,745
99.87

16,552
0.01

217,970
0.12

3,928
8
Re-election of William Teasdale
168,284,849
95.32

16,552
0.01

8,241,994
4.67

2,800
9
Remuneration Report
176,496,800
99.98

16,552
0.01

24,798
0.01

8,045
10
Authority to Allot
162,741,627
99.72

16,552
0.01

435,674
0.27

13,352,342
11
Disapplication of Pre-Emption
176,496,717
99.97

16,552
0.01

30,126
0.02

2,800
12
Purchase of Own Shares
163,166,475
92.43

16,552
0.01

13,352,768
7.56

10,400
13
LTIP changes
176,500,062
99.98

16,552
0.01

11,851
0.01

17,730
14
Adoption of articles
176,514,941
99.98

16,552
0.01

11,902
0.01

2,800
For further information please contact:
Vertu Motors plc

Robert Forrester, CEO
Tel: 0191 491 2111
Michael Sherwin, FD
Tel: 0191 491 2112
Liberum 
Peter Tracey
Tel: 020 3100 2000
Richard Crawley 
Jamie Richards
Zeus Capital Limited 
Adam Pollock 
Tel: 020 7533 7727 
Camarco 
Billy Clegg 
Tel: 020 3757 4983 
Georgia Mann

Notes to Editors
Vertu Motors, the UK automotive retailer with a proven growth strategy, is the fifth largest automotive retailer in the UK with a network of 132 sales outlets across the UK. Its dealerships operate predominantly under the Bristol Street Motors, Vertu, Farnell and 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 129 franchised sales outlets and 3 non-franchised sales operations from 109 locations across the UK.
Vertu Motors Group websites - www.vertumotors.com / www.vertucareers.com
Vertu brand websites - www.bristolstreet.co.uk / www.vertuhonda.com / www.macklinmotors.co.uk / www.farnelllandrover.com / www.farnelljaguar.com / www.vertuvolkswagen.com / www.southherefordgarages.co.uk / www.vertumercedes-benz.com

This information is provided by RNS
The company news service from the London Stock Exchange
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