REG - Vesuvius plc - Annual Financial Report and Notice of AGM

VesuviusAnnouncement

06/04/2022 16:00

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RNS Number : 5268H  Vesuvius plc  06 April 2022

 

 

6 April 2022

 

Annual Report and Accounts 31 December 2021

Vesuvius plc today posted its 2021 Annual Report and Accounts (the 'Annual
Report') and 2022 Notice of Annual General Meeting to those shareholders who
have requested them and they are available on Vesuvius' website at:

https://report2021.vesuvius.com (https://report2021.vesuvius.com)

and at

https://www.vesuvius.com/en/investors/shareholder-information/shareholder--meetings.html
(https://www.vesuvius.com/en/investors/shareholder-information/shareholder--meetings.html)

In accordance with Listing Rule 9.6.1, Vesuvius plc will shortly be submitting
its Annual Report and other shareholder documents to the National Storage
Mechanism. These documents should then be available for inspection within two
working days at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

The Annual Report has been prepared using the single electronic reporting
format specified in the TD ESEF Regulation and can be accessed within two
working days at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)  and is also
available on our website www.vesuvius.com (http://www.vesuvius.com)

 

2022 Annual General Meeting ("AGM")

The Annual General Meeting of the Company will be held at the offices of
Linklaters LLP, One Silk Street, London EC2Y 8HQ on Wednesday 18 May 2022 at
11.00am. Shareholders are asked not to attend the AGM in person if they have
Covid symptoms, have tested positive for Covid or if they are feeling
generally unwell. Shareholders who are unable to attend the AGM in person are
invited to join a webinar of the proceedings, details of how to access this
will be available on the Company's website: www.vesuvius.com, on the day of
the meeting. Shareholders may submit questions about the business of the AGM
in advance of the Meeting to the Company Secretary at: Vesuvius plc, 165 Fleet
Street, London EC4A 2AE, England or by e-mail (for this purpose only) to:
shareholder.information@vesuvius.com. If the Government covid guidance changes
before the date of the AGM, or the Company is required to postpone or adjourn
the meeting for any reason, notice will be placed on the Company's website.
You are advised to check the website: www.vesuvius.com for any such
notifications.

This announcement contains the directors' responsibility statement as required
for the purposes of compliance with DTR 6.3.5R (1) of the Disclosure and
Transparency Rules. This information is extracted, in full unedited text, from
the Annual Report. All the other information required by DTR 6.3.5 (1) was
contained within the preliminary announcement of Vesuvius' results for the
year ended 31 December 2021 released to the market on Thursday 3 March 2022.
As disclosed in the preliminary announcement and in the 2021 Annual Report
there are no related party transactions requiring disclosure. These
announcements are not a substitute for reading the full Annual Report.

Enquiries:

 Henry Knowles, General Counsel and Company Secretary  +44 (0) 20 7822 0000
 Euan Drysdale, Group Head of Corporate Finance        +44 (0) 7584 641315

 

 

 

Appendix

Statement of Directors' Responsibilities in respect of the Financial
Statements

 

The Directors are responsible for preparing the Annual Report and Financial
Statements in accordance with applicable law and regulation. Company law
requires the Directors to prepare financial statements for each financial
year. Under that law, the Directors have prepared the Group financial
statements in accordance with UK-adopted international accounting standards
and the Company financial statements in accordance with United Kingdom
Generally Accepted Accounting Practice (United Kingdom Accounting Standards,
comprising FRS 101 'Reduced Disclosure Framework', and applicable law).

 

Under company law, the Directors must not approve the financial statements
unless they are satisfied that they give a true and fair view of the state of
affairs of the Group and Company and of the profit or loss of the Group for
that period. In preparing the financial statements, the Directors are required
to:

 

-    Select suitable accounting policies and then apply them consistently

-    State whether applicable UK-adopted international accounting standards
have been followed for the Group financial statements and United Kingdom
Accounting Standards, comprising FRS 101 have been followed for the Company
financial statements, subject to any material departures disclosed and
explained in the financial statements

-      Make judgements and accounting estimates that are reasonable and
prudent

-      Prepare the financial statements on the going concern basis unless
it is inappropriate to presume that the Group and Company will continue in
business

 

The Directors are also responsible for safeguarding the assets of the Group
and Company and hence for taking reasonable steps for the prevention and
detection of fraud and other irregularities.

 

The Directors are responsible for keeping adequate accounting records that are
sufficient to show and explain the Group's and Company's transactions and
disclose with reasonable accuracy at any time the financial position of the
Group and Company and enable them to ensure that the financial statements and
the Directors' Remuneration Report comply with the Companies Act 2006.

 

The Directors are responsible for the maintenance and integrity of the
Company's website. Legislation in the United Kingdom governing the preparation
and dissemination of financial statements may differ from legislation in other
jurisdictions.

 

Directors' confirmations

The Directors consider that the Annual Report and Financial Statements, taken
as a whole, is fair, balanced and understandable and provides the information
necessary for shareholders to assess the Group and Company's position and
performance, business model and strategy.

 

Each of the Directors, whose names and functions are listed below, confirm
that, to the best of their knowledge:

-      The Company financial statements, which have been prepared in
accordance with United Kingdom Generally Accepted Accounting Practice (United
Kingdom Accounting Standards, comprising FRS 101 Reduced Disclosure Framework,
and applicable law), give a true and fair view of the assets, liabilities and
financial position of the Company

-      The Group financial statements, which have been prepared in
accordance with UK-adopted international accounting standards, give a true and
fair view of the assets, liabilities, financial position and profit of the
Group

-      The Strategic Report includes a fair review of the development and
performance of the business and the position of the Group and Company,
together with a description of the principal risks and uncertainties that the
Group faces

 

The names and functions of the Directors of Vesuvius plc who were in office
during the year and at the signing of these financial statements were:

 

 John McDonough CBE  Chairman

 Patrick André       Chief Executive

 Guy Young           Chief Financial Officer

 Kath Durrant        Non-executive Director and Chair

                     of the Remuneration Committee

 Dinggui Gao         Non-executive Director

 Friederike Helfer   Non-executive Director

 Jane Hinkley        Non-executive Director

 Douglas Hurt        Non-executive Director,

                     Senior Independent Director and

                     Chairman of the Audit Committee

 

On behalf of the Board

 

Guy Young

Chief Financial Officer

 

3 March 2022

 

Vesuvius plc, 165 Fleet Street, London EC4A 2AE

Registered in England and Wales No. 8217766

LEI: 213800ORZ521W585SY02

www.vesuvius.com (http://www.vesuvius.com)

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