REG - Volution Group plc - Results of AGM

VolutionAnnouncement

13/12/2023 14:00

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RNS Number : 6830W  Volution Group plc  13 December 2023

 

 

Wednesday 13 December 2023

 

 

Volution Group plc

Results of Annual General Meeting

 

 

Volution Group plc ("Volution", the "Group" or the "Company", LSE: FAN), a
leading international designer and manufacturer of energy efficient indoor air
quality solutions, announces that all resolutions put to the Annual General
Meeting held at 12:00 noon on 13 December 2023 were duly passed on a poll. The
results of the poll, incorporating the proxy votes lodged in advance of the
meeting, are set out below.

 

 Resolution                                                            FOR (1)                           AGAINST                           WITHHELD (2)     % OF TOTAL VOTES IN FAVOUR
                                                                       Number of votes  % of votes cast  Number of votes  % of votes cast  Number of votes

 01      Annual Report and Accounts                                    173,901,070      99.95            82,706           0.05             96,583           99.95
 02      Directors' Remuneration Report                                159,904,502      91.86            14,175,329       8.14             528              91.86
 03      Remuneration Policy                                           169,991,789      97.73            3,948,373        2.27             140,197          97.73
 04      Deferred Share Bonus Plan                                     172,531,058      99.11            1,544,809        0.89             4,492            99.11
 05      Long Term Incentive Plan                                      169,621,891      97.44            4,453,976        2.56             4,492            97.44
 06      Final dividend                                                174,078,845      100.00           1,486            0.00             28               100.00
 07      Re-elect Nigel Lingwood                                       171,341,629      98.43            2,738,556        1.57             174              98.43
 08      Re-elect Ronnie George                                        174,075,249      100.00           4,486            0.00             624              100.00
 09      Re-elect Andy O'Brien                                         174,039,116      99.98            40,619           0.02             624              99.98
 10      Re-elect Margaret Amos                                        170,496,834      97.94            3,582,901        2.06             624              97.94
 11      Re-elect Amanda Mellor                                        170,496,834      97.94            3,583,351        2.06             174              97.94
 12      Re-elect Claire Tiney                                         171,996,371      98.80            2,083,814        1.20             174              98.80
 13      Elect Jonathan Davis                                          174,073,922      100.00           4,486            0.00             1,951            100.00
 14      Appoint auditor                                               172,522,719      99.11            1,554,739        0.89             2,901            99.11
 15      Remuneration of auditor                                       174,074,855      100.00           5,330            0.00             174              100.00
 16      Authority to make political donations                         167,781,412      96.38            6,295,919        3.62             3,028            96.38
 17      Authority to allot shares                                     155,504,972      89.33            18,575,359       10.67            28               89.33
 18(3)   Authority to disapply pre-emption rights                      170,842,155      98.14            3,235,010        1.86             3,194            98.14
 19(3)   Authority to make market purchase of own shares               172,428,488      99.16            1,464,494        0.84             187,377          99.16
 20(3)   Authority to call a general meeting on 14 clear days' notice  162,106,237      93.12            11,973,644       6.88             478              93.12

 

Notes:

 

1.   Any proxy appointments giving discretion to the Chairman of the Meeting
have been included in the "For" totals above.

2.   A vote "Withheld" is not a vote in law and is not counted in the
calculation of the votes "For" or "Against" a resolution.

3.   Indicates Special Resolutions requiring a 75% majority to be passed.

4.   The Company's total ordinary shares in issue as at 12 December 2023,
was 200,000,000 ordinary shares of 1 pence each, of which 2,206,186 ordinary
shares are held as Treasury Shares. Therefore, the total voting rights are
197,793,814 ordinary shares (ordinary shareholders are entitled to one vote
per ordinary share held).

5.   The proxy votes received, amount to 88.01% of the total voting rights.

6.   Percentages are rounded to two decimal places.

 

In accordance with Listing Rule 9.6.2, copies of the resolutions passed (other
than those concerning ordinary business) will shortly be submitted to the
National Storage Mechanism and will be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

 

The Notice of Annual General Meeting 2023 together with the Annual Report and
Accounts 2023 can be found on the Company's website at:
www.volutiongroupplc.com (http://www.volutiongroupplc.com)

 

 

- ends -

Enquiries:

 

Volution Group plc

Fiona Smith, Company
Secretary

 

Legal Entity Identifier: 213800EPT84EQCDHO768

 

Notes to Editors:

 

Volution Group plc (LSE: FAN) is a leading international designer and
manufacturer of energy efficient indoor air quality solutions.  Volution
Group comprises 22 key brands across three regions:

 

UK: Vent-Axia, Manrose, Diffusion, National Ventilation, Airtech, Breathing
Buildings, Torin-Sifan.

Continental Europe: Fresh, PAX, VoltAir, Kair, Air Connection, Rtek, inVENTer,
Ventilair, ClimaRad, ERI Corporation, VMI, I-Vent.

Australasia: Simx, Ventair, Manrose, DVS.

 

For more information, please go to: www.volutiongroupplc.com
(http://www.volutiongroupplc.com)

 

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