REG - Victorian Plumbing - Result of 2025 Annual General Meeting

Victorian PlumbingAnnouncement

25/02/2025 12:45

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RNS Number : 4097Y  Victorian Plumbing Group PLC  25 February 2025

25 February 2025

 

Victorian Plumbing Group plc

("Victorian Plumbing" or the "Company")

 

Result of 2025 Annual General Meeting ("AGM")

 

Victorian Plumbing (AIM: VIC), the UK's leading bathroom retailer, announces
that all of the resolutions set out in the Notice of AGM were passed by the
requisite majority at the Company's AGM, held earlier today.

 

Details of the votes received for each resolution are as follows:

 

 Resolution                                                                     For                    Against               Withheld
                                                                                No. of votes  %        No. of votes  %       No. of votes
 1. To receive and adopt the Company's annual accounts for the financial year   289,060,577   100.00%  0             0.00%   1,288
 ended 30 September 2024
 2. To re-appoint Ernst & Young LLP as the Company's auditors.                  289,049,169   100.00%  11,408        0.00%   1,288
 3. To authorise the directors to determine the remuneration of the Company's   289,057,790   100.00%  2,536         0.00%   1,539
 auditors.
 4. To approve the directors' remuneration policy.                              242,248,775   88.71%   30,825,659    11.29%  15,987,431
 5. To declare a final dividend of 1.09 pence per ordinary share for the year   289,059,965   100.00%  0             0.00%   1,900
 ended 30 September 2024.
 6. To re-elect Philip Bowcock as a director of the Company.                    265,631,821   98.50%   4,043,307     1.50%   19,386,738
 7. To re-elect Mark Radcliffe as a director of the Company.                    288,991,414   99.98%   66,970        0.02%   3,481
 8. To re-elect Daniel Barton as a director of the Company.                     288,988,513   99.98%   69,871        0.02%   3,481
 9. To re-elect Damian Sanders as a director of the Company.                    288,993,240   99.98%   65,144        0.02%   3,481
 10. To re-elect Dianne Walker as a director of the Company.                    288,993,865   99.98%   64,519        0.02%   3,481
 11. To authorise the directors to exercise all powers of the Company to allot  288,180,978   99.70%   864,599       0.30%   16,288
 Relevant Securities.
 12. To authorise the directors to disapply pre-emption rights.*                289,034,000   100.00%  11,244        0.00%   16,621
 13. To authorise the directors to disapply additional pre-emption rights.*     289,034,435   100.00%  10,809        0.00%   16,621
 14. To authorise the directors to make market purchases.*                      289,057,902   100.00%  815           0.00%   3,148

 

* Passed as special resolutions

 

Notes:

 

 1.  Proxy appointments which gave discretion to the Chair of the AGM have been
     included in 'For' total for the appropriate resolution.
 2.  Votes 'For' and 'Against' any resolution are expressed as a percentage of
     votes validly cast for that resolution.
 3.  A vote 'Withheld' is not a vote in law and is not counted in the calculation
     of the percentage of shares voted 'For' or 'Against'.
 4.  The number of shares in issue on 25 February 2025 was 327,474,016 with no
     shares in treasury.
 5.  The full text of the resolutions passed at the AGM can be found in the Notice
     of Annual General

     Meeting which is available on the Company's website
     at https://www.victorianplumbingplc.com/investors/
     (https://www.victorianplumbingplc.com/investors/key-documents/) key-documents/
     (https://www.victorianplumbingplc.com/investors/key-documents/) .

 

-ENDS-

For further information, please contact:

 

 Victorian Plumbing Group plc                           via FTI Consulting

 Mark Radcliffe, Chief Executive Officer                +44 20 3727 1000

 Daniel Barton, Chief Financial Officer

 FTI Consulting (Financial PR)                          +44 20 3727 1000

 Alex Beagley, Harriet Jackson, Amy Goldup, Lia Bevan   VictorianPlumbing@fticonsulting.com

                                                      (mailto:VictorianPlumbing@fticonsulting.com)

 Houlihan Lokey UK Ltd (Nominated Adviser)              +44 20 7839 3355

 Sam Fuller, Tim Richardson

 Barclays Bank PLC (Joint Broker)                       +44 20 7623 2323

 Nicola Tennent, Stuart Muress

 Canaccord Genuity Limited (Joint Broker)               +44 20 7597 5970

 Bobbie Hilliam, Elizabeth Halley-Stott

 

About Victorian Plumbing Group

Victorian Plumbing is the UK's leading bathroom retailer, offering an
unrivalled high-quality product range and excellent stock availability to B2C
and trade customers.

Victorian Plumbing offers its customers a one-stop shop solution for the
entire bathroom with own and third party brands across a wide spectrum of
price points. Victorian Plumbing product design and supply chain strengths are
complemented by its creative and brand-focused marketing strategy to drive
significant and growing traffic to its platforms.

Headquartered in the North West, Victorian Plumbing employs staff across
several locations in the UK.

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