REG - Vertu Motors PLC - Result of AGM

Vertu MotorsAnnouncement

25/07/2018 12:00

RNS Number : 7474V
Vertu Motors PLC
25 July 2018
 


25 July 2018
Vertu Motors plc ("Vertu Motors")
Result of AGM
 
Vertu Motors plc, the UK automotive retailer with a network of 125 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






Discretion






Against






Withheld




Resolution


Votes


%age


Votes


%age


Votes


%age


Votes




1


Annual Report and Accounts


194,994,845


99.99






5,338


0.01






0


0






1,161,183




2


Reappointment of Auditors


194,344,695


99.08






5,338


0.01






1,791,790


0.91






19,543




3


Auditors' Remuneration


196,151,900


99.98






5,338


0.01






2,000


0.01






2,128




4


Final Dividend


196,156,028


99.99






5,338


0.01






0


0






0




5


Re-election of Robert Forrester


195,946,873


99.88






5,338


0.01






206,069


0.11






3,086




6


Re-election of Nigel Stead


166,408,271


84.83






5,338


0.01






29,744,671


15.16






3,086




7


Re-election of Pauline Best


166,390,856


84.83






5,338


0.01






29,744,671


15.16






20,501




8


Remuneration Report


195,550,115


99.98






5,338


0.01






18,279


0.01






587,634




9


Authority to Allot


194,945,230


99.67






5,338


0.01






625,023


0.32






585,775




10


Disapplication of Pre-Emption


196,119,818


99.98






5,338


0.01






14,709


0.01






21,501




11


Pre-emption on acquisitions


192,597,489


98.19






5,338


0.01






3,537,038


1.8






21,501




12


Purchase of Own Shares


195,187,562


99.69






5,338


0.01






596,012


0.3






372,454



 
 
For further information please contact:
 



Vertu Motors plc
Robert Forrester, CEO
Michael Sherwin, CFO


 
Tel: 0191 491 2111
Tel: 0191 491 2112




Camarco
Billy Clegg
Tom Huddart


 
Tel: 020 3757 4983




Canaccord Genuity Limited
Chris Connors
Henry Fitzgerald O'Connor
Richard Andrews


 
Tel: 020 7523 8350




Zeus Capital Limited
Dominic King


 
Tel: 020 3829 5000



 
 
Notes to Editors
Vertu, the UK automotive retailer with a proven growth strategy, is the sixth largest automotive retailer in the UK with a network of 125 sales outlets across the UK. Its dealerships operate predominantly under the Bristol Street Motors, Vertu, Farnell and Macklin Motors brand names.
 
Vertu was established in November 2006 with the strategy to consolidate the UK automotive retail sector. It is intended that the Group will continue to acquire automotive 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 122 franchised sales outlets and 3 non-franchised sales outlets from 106 locations across the UK.
 
Vertu's Mission Statement is to "deliver an outstanding customer motoring experience through honesty and trust". 
 
Vertu Group websites - www.vertumotors.com / www.vertucareers.com 
 
Vertu brand websites - www.bristolstreet.co.uk / www.macklinmotors.co.uk / www.vertuhonda.com / www.farnelllandrover.com / www.farnelljaguar.com / www.vertutoyota.com / www.vertuvolkswagen.com / www.vertumercedes-benz.com         
 
 
 




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