REG - Vertu Motors PLC - Result of AGM
RNS Number : 8972CVertu Motors PLC23 June 202123 June 2021
Vertu Motors plc ("Vertu Motors" or "Company")
Result of AGM
Vertu Motors plc, the UK automotive retailer with a network of 149 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. The proxy voting results are set out below:
In Favour
Against
Withheld
Resolution
Votes
% age
Votes
% age
Votes
1
Annual Report and Accounts
155,045,068
99.49
798,653
0.51
705,144
2
Reappointment of Auditors
153,883,318
98.31
2,644,184
1.69
21,363
3
Auditors' Remuneration
156,516,135
99.98
30,470
0.02
2,260
4
Election of David Crane
154,545,203
98.72
2,002,512
1.28
1,150
5
Election of Ken Lever
122,708,681
78.39
33,819,931
21.61
20,253
6
Remuneration Report
89,414,235
67.63
42,791,337
32.37
24,343,293
7
Authority to Allot
155,285,097
99.59
633,826
0.41
629,942
8
Disapplication of Pre-Emption
155,741,802
99.52
753,810
0.48
53,253
9
Pre-emption on acquisitions
152,486,141
97.43
4,015,581
2.57
47,143
10
Purchase of Own Shares
155,569,248
99.58
657,172
0.42
322,445
11
LTIP amendment
121,198,064
77.72
34,745,148
22.28
605,653
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
Andrew Jones
Dominic King
Tel: 020 3829 5000
Camarco
Billy Clegg
Tom Huddart
Tel: 020 3757 4983
Notes to Editors
Vertu Motors is the fifth largest automotive retailer in the UK with a network of 149 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 145 franchised sales outlets and 4 non-franchised sales operations from 115 locations across the UK.
Vertu's Mission Statement is to "deliver an outstanding customer motoring experience through honesty and trust".
Vertu Motors Group websites - www.vertucareers.com
Vertu brand websites - www.vertumotors.com / www.bristolstreet.co.uk / www.vertuhonda.com / www.vertutoyota.com / www.macklinmotors.co.uk / www.farnelllandrover.com / www.farnelljaguar.com / www.vertuvolkswagen.com / www.vertumercedes-benz.com
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