16 Jul 2020 16:53
Electrocomponents plc
Results of Annual General Meeting
Electrocomponents plc (the 'Company') held its Annual General Meeting ('AGM') at 11.00 am today.
As permitted by the Corporate Insolvency and Governance Act 2020, the AGM was held as a closed meeting at no particular place and attended by the minimum necessary quorum. All of the resolutions set out in the Notice of Meeting dated 1 June 2020 were duly passed by proxy, the results of which are set out below:
| Votes For(incl. Chairman's discretion) | Votes Against | Total votes validly cast | Votes Withheld* | |||
Resolution | No. of votes | % of votes | No. of votes | % of vote | |||
1. | Receive Annual Report and Accounts for 2020 | 394,042,171 | 99.99 | 55,923 | 0.01 | 394,098,094 | 3,216,867 |
2. | Approve Directors' Remuneration Report | 383,075,471 | 96.46 | 14,067,496 | 3.54 | 397,142,967 | 171,994 |
3. | Elect Joan Wainwright | 397,286,558 | 100.00 | 14,311 | 0.00 | 397,300,869 | 14,093 |
4. | Re-elect Bertrand Bodson | 372,601,937 | 94.49 | 21,721,538 | 5.51 | 394,323,475 | 2,991,487 |
5. | Re-elect Louisa Burdett | 397,277,997 | 99.99 | 28,306 | 0.01 | 397,306,303 | 8,659 |
6. | Re-elect David Egan | 391,518,259 | 98.54 | 5,792,698 | 1.46 | 397,310,957 | 4,005 |
7. | Re-elect Karen Guerra | 393,367,406 | 99.01 | 3,938,467 | 0.99 | 397,305,873 | 9,089 |
8. | Re-elect Peter Johnson | 394,402,026 | 99.27 | 2,908,370 | 0.73 | 397,310,396 | 4,565 |
9. | Re-elect Bessie Lee | 397,291,250 | 100.00 | 15,596 | 0.00 | 397,306,846 | 8,116 |
10. | Re-elect Simon Pryce | 397,269,787 | 99.99 | 35,521 | 0.01 | 397,305,308 | 9,654 |
11. | Re-elect Lindsley Ruth | 395,543,285 | 99.56 | 1,767,672 | 0.44 | 397,310,957 | 4,005 |
12. | Re-elect David Sleath | 397,216,861 | 99.98 | 78,348 | 0.02 | 397,295,209 | 19,752 |
13. | Reappoint PwC as Auditor | 397,250,142 | 99.99 | 21,653 | 0.01 | 397,271,795 | 43,167 |
14. | Agree remuneration of the auditor | 397,301,977 | 100.00 | 9,375 | 0.00 | 397,311,352 | 3,610 |
15. | Authority to allot shares | 392,134,180 | 98.70 | 5,172,577 | 1.30 | 397,306,757 | 8,205 |
16. | Authority to disapply pre-emption rights up to 5% | 396,019,396 | 99.68 | 1,281,112 | 0.32 | 397,300,508 | 14,454 |
17. | Authority to disapply pre-emption rights for additional 5% | 395,917,673 | 99.65 | 1,379,708 | 0.35 | 397,297,381 | 17,580 |
18. | Authority to purchase own shares | 396,696,094 | 99.92 | 329,598 | 0.08 | 397,025,692 | 289,269 |
19. | Notice Period for General Meetings | 377,005,026 | 94.89 | 20,307,836 | 5.11 | 397,312,862 | 2,100 |
* A "vote withheld" is not a vote in law and will not be counted in the calculation of the proportion of votes "for" or "against" a resolution, the total votes validly cast or the calculation of the proportion of issued share capital voted.
The total number of shares in issue on Thursday, 16 July 2020 was 447,228,411 ordinary shares in the Company. A total of 88.84% of the share capital was voted.
In accordance with Listing Rule 9.6.2., a copy of the Resolutions relating to Special Business has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Ian Haslegrave
Company Secretary
16 July 2020
LEI: 549300KVXDURRKVW7R37