Last checked at 27 Jul 2016 16:05
CML Microsystems Plc
(The "Company" or the "Group")
Results of the 2016 Annual General Meeting
CML Microsystems Plc ("CML" or "the Group"), which designs, manufactures and markets mixed-signal and Radio Frequency (RF) semiconductors, primarily for global communication and solid state storage markets, held its Annual General Meeting ("AGM") today at 11.00am, Wednesday 27 July 2016. All resolutions put to the shareholders as set out in the Notice of AGM dated 24 June 2016 were passed with the requisite majorities on a show of hands. Details of the proxy votes cast are as follows:
Resolution | For | % | Against | % | Withheld | % |
1. To receive and adopt the Group's consolidated financial statements and reports of the Directors and auditor for the year ended 31st March 2016. | 11,972,635 | 99.48 | 62,667 | 0.52 | 0 | 0.00 |
2. To receive and approve the Directors' Remuneration Report for the year ended 31st March 2016. | 11,958,481 | 99.36 | 72,251 | 0.60 | 4,570 | 0.04 |
3. To declare a final dividend of 7.0p per 5p ordinary share for the year ended 31 March 2016. | 12,035,302 | 100.00 | 0 | 0.00 | 0 | 0.00 |
4. To re-appoint J. A. Lindop as Director, who retires from the Board by rotation. | 12,032,468 | 99.98 | 2,164 | 0.02 | 0 | 0.00 |
5. To re-appoint RSM UK Audit LLP, as auditor to the Company. | 12,033,138 | 99.98 | 2,164 | 0.02 | 0 | 0.00 |
6. To authorise the Directors to determine the remuneration of the auditor. | 12,035,302 | 100.00 | 0 | 0.00 | 0 | 0.00 |
7. To authorise the Directors to allot shares. | 12,033,138 | 99.98 | 2,164 | 0.02 | 0 | 0.00 |
8. To disapply the pre-emption provisions of The Companies Act 2006. | 11,459,842 | 95.22 | 565,000 | 4.69 | 10,460 | 0.09 |
9. To disapply the pre-emption provisions of The Companies Act 2006 for the purposes of financing an acquisition or capital investment. | 11,454,490 | 95.17 | 565,000 | 4.70 | 15,812 | 0.13 |
10. To renew the authority to the Company to make market purchases of its own shares. | 12,033,138 | 99.98 | 2,164 | 0.02 | 0 | 0.00 |
CML Microsystems plc | www.cmlmicroplc.com | |||
Chris Gurry, Group Managing Director | Tel: +44 (0)1621 875 500 | |||
Neil Pritchard, Group Financial Director |
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SP Angel Corporate Finance LLP | Tel: +44 (0)20 3463 2260 | |||
Jeff Keating |
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Walbrook PR Ltd Paul McManus Helen Cresswell | Tel: +44 (0)20 7933 8780 / cml@walbrookpr.com | |||
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