17 Jul 2019 12:05
Electrocomponents plc
Results of Annual General Meeting
Electrocomponents plc (the 'Company') announces that all of the resolutions set out in the Notice of Meeting dated 20 May 2019 were duly passed by conducting a poll at today's Annual General Meeting ('AGM').
The results of the poll held at the AGM are as follows:
| 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 2019 | 378,024,530 | 99.99 | 50,122 | 0.01 | 378,074,652 | 2,490,435 |
2. | Approve Directors' Remuneration Policy | 323,872,303 | 85.17 | 56,405,880 | 14.83 | 380,278,183 | 286,904 |
3. | Approve Directors' Remuneration Report | 366,989,456 | 96.44 | 13,559,709 | 3.56 | 380,549,165 | 15,922 |
4. | Approve Final Dividend for 2019 | 380,560,882 | 100.00 | 356 | 0.00 | 380,561,238 | 3,850 |
5. | Elect Bessie Lee | 380,306,280 | 99.99 | 30,809 | 0.01 | 380,337,089 | 227,999 |
6. | Elect David Sleath | 380,089,407 | 99.94 | 245,304 | 0.06 | 380,334,711 | 230,377 |
7. | Re-elect Bertrand Bodson | 373,995,144 | 98.33 | 6,341,705 | 1.67 | 380,336,849 | 228,238 |
8. | Re-elect Louisa Burdett | 380,182,767 | 99.96 | 155,335 | 0.04 | 380,338,102 | 226,986 |
9. | Re-elect David Egan | 377,747,678 | 99.32 | 2,590,167 | 0.68 | 380,337,845 | 227,243 |
10. | Re-elect Karen Guerra | 380,279,000 | 99.99 | 56,173 | 0.01 | 380,335,173 | 227,733 |
11. | Re-elect Peter Johnson | 378,814,668 | 99.60 | 1,509,756 | 0.40 | 380,324,424 | 240,663 |
12. | Re-elect John Pattullo | 380,223,875 | 99.97 | 112,115 | 0.03 | 380,335,990 | 229,098 |
13. | Re-elect Simon Pryce | 380,060,930 | 99.93 | 275,060 | 0.07 | 380,335,990 | 229,098 |
14. | Re-elect Lindsley Ruth | 380,329,063 | 100.00 | 11,214 | 0.00 | 380,340,277 | 224,811 |
15. | Reappoint PricewaterhouseCoopers LLP as Auditor | 380,539,365 | 99.99 | 20,482 | 0.01 | 380,559,847 | 5,241 |
16. | Agree remuneration of the auditor | 380,550,503 | 100.00 | 10,571 | 0.00 | 380,561,074 | 4,014 |
17. | Authority to allot shares | 361,645,643 | 95.08 | 18,702,045 | 4.92 | 380,347,688 | 217,400 |
18. | Authority to disapply pre-emption rights up to 5% | 367,291,696 | 96.52 | 13,240,406 | 3.48 | 380,532,102 | 32,986 |
19. | Authority to disapply pre-emption rights for additional 5% | 346,988,229 | 91.19 | 33,543,555 | 8.81 | 380,531,784 | 33,303 |
20. | Authority to purchase own shares | 379,755,434 | 99.90 | 386,068 | 0.10 | 380,141,502 | 423,085 |
21. | Notice Period for General Meetings | 360,432,384 | 94.71 | 20,128,293 | 5.29 | 380,560,677 | 4,411 |
22. | Approval of UK Share Incentive Plan 2019 | 379,171,653 | 99.64 | 1,388,180 | 0.36 | 380,559,833 | 5,255 |
23. | Approval of Global Share Purchase Plan 2019 | 379,228,579 | 99.71 | 1,116,095 | 0.29 | 380,344,674 | 219,914 |
* 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 Company has noted that the Resolutions are duly passed under the Companies Act 2006.
The total number of shares in issue on Wednesday, 17 July 2019 was 443,876,702 ordinary shares in the Company. A total of 86% 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 http://www.morningstar.co.uk/uk/NSM.
Ian Haslegrave
Company Secretary
17 July 2019
LEI: 549300KVXDURRKVW7R37