REG - Volex PLC - Result of AGM

VolexAnnouncement

27/07/2023 18:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230727:nRSa4798Ha&default-theme=true

RNS Number : 4798H  Volex PLC  27 July 2023

27 July 2023

Volex plc

("Volex" or "the Company")

Results of Annual General Meeting

 

Volex plc (AIM: VLX), the global supplier of integrated manufacturing services
and power products, is pleased to announce the results of its AGM, held
earlier today, at which all resolutions were duly passed on a poll.

 

The total number of votes received on each resolution put to the AGM is as
follows:

 

             Resolution                                                                     Percentage in Favour  Votes For    Votes Against  Total  Votes Cast   % of issued share capital voted  Votes Withheld*
 1.          To receive the audited accounts of the Company for the financial year ended 2  99.98%                107,231,818  22,663         107,254,481         59.28%                           73,569
             April 2023
 2.          To approve the Remuneration Committee Report                                   95.72%                102,705,873  4,597,213      107,303,086         59.31%                           24,964
 3.          To declare a final dividend of 2.6 pence per ordinary share for the financial  99.99%                107,322,754  3,567          107,326,321         59.32%                           1,729
             year ended 2 April 2023
 4.          To re-elect Dean Moore as a Director                                           92.84%                99,617,479   7,684,408      107,301,887         59.31%                           26,163
 5.          To re-appoint PricewaterhouseCoopers LLP as auditors of the Company            98.47%                105,678,991  1,637,789      107,316,780         59.32%                           11,270
 6.          To authorise the Directors to determine the remuneration of the auditors       99.89%                107,132,446  121,184        107,253,630         59.28%                           74,420
 7.          To authorise the Directors to allot shares in the Company pursuant to section  99.67%                106,973,727  349,291        107,323,018         59.32%                           5,032
             551 of the Companies Act 2006 ("2006 Act")
 8.          To authorise the disapplication of statutory pre-emption rights under section  98.55%                105,766,306  1,557,217      107,323,523         59.32%                           4,527
             570 of the Companies Act 2006
 9.          To authorise the further disapplication of statutory pre-emption rights under  96.61%                103,675,355  3,641,119      107,316,474         59.32%                           11,576
             section 570 of the Companies Act 2006 in connection with an acquisition or
             specified capital investment
 10.         To authorise the Company to make purchases of its own shares in accordance     99.96%                107,174,452  42,509         107,216,961         59.26%                           111,089
             with section 701 of the 2006 Act

 

Notes

 

*A vote withheld is not treated as a vote in law and is not counted in the
calculation of the proportion of the votes cast for or against a resolution.

 

Resolutions 1 to 7 were ordinary resolutions, requiring a simple majority of
votes cast to pass, while resolutions 8 to 10 were special resolutions,
requiring at least 75% support to pass.

 

The total number of Volex shares in issue at 6.00 p.m. on 25 July 2023, being
those eligible to be voted on at the AGM, was 180,925,266.

 

The full text of each of the resolutions is set out in the Notice of AGM,
which is available on the Volex website (www.volex.com (http://www.volex.com/)
) on the "Shareholder Information" page in the Investor Relations section.

 

For further information please contact:

 

 Volex plc                                                   +44 (0)7971 156 431
 Nat Rothschild, Executive Chairman
 Jon Boaden, Chief Financial Officer
 Chris Bedford, Group General Counsel and Company Secretary

 Peel Hunt LLP - Nominated Adviser & Joint Broker            +44 (0)20 7418 8900

 Ed Allsopp

 Tom Ballard

 Ben Harrington

 HSBC Bank plc - Joint Broker                                +44 (0)20 7991 8888

 Simon Alexander

 Joe Weaving

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RAGNKOBBOBKDDOB