Last checked at 13 Jun 2012 10:25
13 June 2012
FLYING BRANDS LIMITED
RESULT OF ANNUAL GENERAL MEETING
The Board of Flying Brands Limited (the "Company") is pleased to announce that at the Company's Annual General Meeting held on Wednesday 13 June 2012 (the "AGM") the resolutions as set out in the Notice of AGM were duly passed on a show of hands.
The following levels of proxy appointments were received by the Company prior to the AGM:
Resolution | For | Against | Chairman's discretion (Note i) | Votes withheld | |||
Number of shares | % of total | Number of shares | % of total | Number of shares | % of total | ||
To receive and adopt the report and accounts
| 8,306,747 | 52.25 | 21,846 | 0.14 | 7,568,575 | 47.61 | 1,110,300 |
To approve the Remuneration Committee Report
| 9,345,865 | 55.05 | 62,652 | 0.37 | 7,569,070 | 44.58 | 29,881 |
To re-appoint John Henwood as a director
| 9,376,637 | 55.15 | 56,235 | 0.33 | 7,570,059 | 44.52 | 4,537 |
To re-appoint Paul Davidson as a director
| 9,376,521 | 55.15 | 55,951 | 0.33 | 7,570,059 | 44.52 | 4,937 |
To appoint Stuart Dootson as a director
| 9,408,751 | 55.34 | 24,121 | 0.14 | 7,570,059 | 44.52 | 4,537 |
To re-appoint Deloitte LLP as auditor and to authorise the directors to determine their remuneration
| 6,256,572 | 36.8 | 8,645 | 0.05 | 10,738,785 | 63.15 | 3,196 |
Special Resolution - To authorise the directors to make market purchases of ordinary shares
| 6,225,475 | 36.61 | 41,155 | 0.24 | 10,738,785 | 63.15 | 1,783 |
Special Resolution - To authorise the directors to allot ordinary shares without rights of pre-emption | 4,153,661 | 24.43 | 2,112,606 | 12.42 | 10,738,785 | 63.15 | 2,146 |
Notes:
(i) Proxy appointments which gave discretion to the Chairman have been cast in favour of each resolution.
(ii) Issued share capital at 13 June 2012: 28,073,735 ordinary shares. Proxy appointments were received from shareholders holding the number of shares shown below, in each case representing the percentage of the issued share capital shown alongside:
Resolution 1 | 15,897,168 shares | 56.63% |
Resolution 2 | 16,977,587 shares | 60.47% |
Resolution 3 | 17,002,931 shares | 60.56% |
Resolution 4 | 17,002,531 shares | 60.56% |
Resolution 5 | 17,002,931 shares | 60.56% |
Resolution 6 | 17,004,272 shares | 60.57% |
Resolution 7 | 17,005,685 shares | 60.57% |
Resolution 8 | 17,005,322 shares | 60.57% |
(iii) A "Vote Withheld" is not counted towards the votes cast "For" or "Against" the resolutions.
For further information, please contact:
Flying Brands Limited 01245 228 300
Stephen Cook, Chief Executive
Stuart Dootson, Group Finance Director
Smithfield Consultants 020 7360 4900
John Kiely