Last checked at 20 Apr 2012 15:03
20 April 2012
Breedon Aggregates Limited
("Breedon Aggregates" or the "Company")
Result of AGM
The Annual General Meeting of Breedon Aggregates Limited was held on Friday 20 April 2012 at Victor Hugo Suite, St Pierre Park Hotel, Rohais, St. Peter Port, Guernsey at 2.00pm.
All resolutions proposed at the meeting were passed on a show of hands. The number of votes which were lodged by proxy for and against each of the resolutions put before the Meeting and the number of votes withheld were as follows:
Votes for | % of shares voted | Votes against | Votes total | Votes withheld | |
ORDINARY RESOLUTIONS | |||||
1. To adopt the Financial Statements and the reports of the Directors and of the Auditor for the year ended December 31, 2011 |
462,745,866 |
100.00 |
1,000 |
462,746,866 |
500 |
2. To re-appoint the Auditor | 462,746,386 | 100.00 | 1,000 | 462,747,386 | 0 |
3. To authorise the Directors to determine the fee payable to the Auditor |
462,743,248 |
100.00 |
4,138 |
462,747,386 |
0 |
4. To re-appoint S N Vivian as a director | 462,745,886 | 100.00 | 1,000 | 462,746,886 | 500 |
5. To re-appoint D J Warr as a director | 462,745,386 | 100.00 | 1,500 | 462,746,886 | 500 |
6. To authorise the Directors to allot shares | 462,726,386 | 100.00 | 1,000 | 462,727,386 | 20,000 |
SPECIAL RESOLUTIONS | |||||
7. To authorise the Directors to allot shares without applying pre-emption rights |
450,940,997 |
97.45 |
11,783,167 |
462,724,164 |
23,222 |
8. To authorise the Company to purchase its own shares | 462,742,248 | 100.00 | 4,138 | 462,746,386 | 1,000 |
9. To authorise the Company to communicate with its members by electronic means | 462,480,548 | 99.97 | 141,838 | 462,622,386 | 125,000 |
10. To amend the Articles of Association of the Company |
462,495,386 |
99.97 |
131,500 |
462,626,886 |
120,500 |
Notes:
1 "Votes for" include those giving the Chairman discretion, and the percentages are rounded to two decimal places.
2 "Votes withheld" are not votes in law, and are not included in the votes "for" or "against" a resolution.
3 The total number of ordinary shares eligible to vote was 561,005,454.
Further to the announcement on 11 April 2012 detailing the conditional placing of 83,333,335 ordinary shares of no par value in the Company ("Placing Shares"), the Company is pleased to confirm that, the relevant resolutions having been passed, the Placing Shares are expected to be admitted to trading on Monday 23 April 2012.
- ends -
For further information:
Breedon Aggregates Limited
Simon Vivian, Group Chief Executive
Ian Peters, Group Finance Director
01332 694010
Stephen Jacobs, Head of Communications
07831 764592
Cenkos Securities plc
Nicholas Wells / Max Hartley
020 7397 8900
More about Breedon Aggregates
Breedon Aggregates is the largest independent aggregates business in the UK, operating 26 quarries, 18 asphalt plants and 40 ready-mixed concrete plants in England and Scotland, and employing around 800 people. The group has strong asset backing, with nearly 200 million tonnes of mineral reserves and resources.
www.breedonaggregates.com
Important notes
Cenkos Securities Plc, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for the Company in relation to the Placing and will not be responsible to anyone other than the Company for providing the protections afforded to clients of Cenkos Securities Plc nor for providing advice in relation to the Placing or any other transaction or arrangement referred to in this document. Nothing in this paragraph shall serve to include or limit any responsibilities or liabilities Cenkos Securities Plc may have under the Financial Services and Markets Act 2000, as amended, or the regulatory regime established thereunder.
Neither this announcement, nor any part of it, constitutes an offer to sell or issue or the solicitation of an offer to buy, subscribe or acquire any new ordinary shares in the Company in any jurisdiction in which any such offer or solicitation would be unlawful and the information contained herein is not for publication or distribution, directly or indirectly, in or into the United States of America, Canada, Australia, the Republic of South Africa, the Republic of Ireland or Japan or any jurisdiction in which such publication or distribution would be unlawful.
This announcement includes statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements can be identified by the use of forward-looking terminology, including the terms "believes", "plans", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this announcement and include, but are not limited to, statements regarding the Company's intentions, beliefs or current expectations concerning, among other things, the Company's financial position, prospects, growth, strategies and expectations.