Last checked at 29 Jan 2015 13:06
29 January 2015
Avon Rubber p.l.c.
(the 'Company')
Result of AGM and Retirement of Director
Result of AGM
Avon Rubber p.l.c. is pleased to announce that, at its Annual General Meeting held on the 29 January 2015, all the resolutions proposed in the Notice of Meeting were passed on a show of hands.
Full details of the proxy votes received from shareholders prior to the meeting for each resolution are set out below and will also be made available on the Company's website: www.avon-rubber.com
RESOLUTIONS | FOR | %
| AGAINST | %
| WITHELD | |
1 | To receive the Report and Accounts | 20,853,134 | 99.99 | 58 | 30,000 | |
2 | To approve the Directors' Remuneration Report | 20,647,892 | 99.03 | 200,738 | 34,562 | |
3 | To declare a final dividend | 20,852,460 | 99.99 | 674 | 30,000 | |
4 | To re-appoint Andrew Lewis as a Director | 20,847,915 | 99.97 | 4,777 | 30,500 | |
5 | To re-appoint Richard Wood as a Director | 20,842,953 | 99.95 | 9,739 | 30,500 | |
6 | To re-appoint PricewaterhouseCoopers LLP as auditors of the Company | 20,701,029 | 99.94 | 12,163 | 170,000 | |
7 | To authorise the Directors to determine the auditors' remuneration | 20,844,469 | 99.97 | 4,723 | 34,000 | |
8 | To authorise the Directors to allot shares | 20,831,863 | 99.91 | 18,095 | 33,234 | |
9 | To disapply pre-emption rights* | 20,831,072 | 99.91 | 18,595 | 33,525 | |
10 | To authorise the Company to purchase its own shares* | 20,823,243 | 99.85 | 29,949 | 30,000 | |
11 | To authorise short notice general meetings* | 20,595,810 | 98.76 | 256,882 | 1.24 | 30,500 |
Notes
1. Any proxy appointments which gave discretion to the Chairman have been included in the "for" total.
2. A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "for" and "against" a resolution.
3. Discretionary proxy votes lodged in favour of a third party have not been included in the 'for', 'against' or 'total' figures.
4. At the date of the AGM the issued share capital of the Company is 31,023,292 ordinary shares.
In accordance with paragraph 9.6.2 of the Listing Rules, a copy of the resolutions passed as special business at the AGM have been submitted to the National Storage Mechanism at www.hemscott.com/nsm.do.
Retirement of Director
As previously reported in the 2014 Annual Report, Stella Pirie retired as Non-Executive Director of the Company at the conclusion of the AGM. Richard Wood has replaced Mrs Pirie as the Senior Independent Director.
Miles Ingrey-Counter
Company Secretary