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Last checked at 
19 Apr 2018 14:07
MPAC GROUP PLC
("Mpac" or the "Company")
19 April 2018
Result of AGM and Board Changes
Mpac Group plc ("the Company") confirms that all the resolutions put to the Annual General Meeting ("AGM") held at the Company's offices at 13 Westwood Way, Westwood Business Park, Coventry, CV4 8HS at 12 noon today were passed by a show of hands. The table below gives details of the votes by proxy received by the Company.
As announced in the AGM statement released this morning, Phil Moorhouse stood down as Chairman of the Company at the conclusion of the AGM and Andrew Kitchingman, who has been a Non-Executive Director of the Company since May 2016, was appointed as Chairman with immediate effect. A process will commence to appoint an additional Non-Executive Director to supplement the Board.
The table below gives details of the votes by proxy received by the Company for each resolution put to the AGM.
NO | RESOLUTION | VOTESFOR | % | VOTESAGAINST | % | TOTAL VOTES | % of ISC VOTED | VOTESWITH HELD |
1. | To receive the Company's audited annual accounts and Directors' and auditor's report for the year ended 31 December 2018. | 8,210,662 | 99.99 | 603 | 0.01 | 8,211,265 | 40.71 | 80,000 |
2. | To elect Mr J R Haughey as a Director of the Company | 8,290,089 | 99.99 | 1,176 | 0.01 | 8,291,265 | 41.10 | 0 |
3. | To re-elect Mr J L Davies as a Director of the Company | 8,287,773 | 99.96 | 3,492 | 0.04 | 8,291,265 | 41.10 | 0 |
4. | To re-elect Mr A J Kitchingman as a Director of the Company | 8,290,662 | 99.99 | 603 | 0.01 | 8,291,265 | 41.10 | 0 |
5. | To re-elect Dr A Steels as a Director of the Company | 8,290,662 | 99.99 | 603 | 0.01 | 8,291,265 | 41.10 | 0 |
6. | To approve the Remuneration report | 8,178,384 | 99.74 | 21,569 | 0.26 | 8,199,953 | 40.65 | 91,312 |
7. | To re-appoint KPMG as auditors | 6,875,578 | 82.93 | 1,415,687 | 17.07 | 8,291,265 | 41.10 | 0 |
8. | To authorise the Audit Committee to determine the auditor's remuneration | 6,885,814 | 83.1 | 1,400,451 | 16.9 | 8,286,265 | 41.08 | 5,000 |
9. | Authority to allot shares | 8,263,400 | 99.83 | 14,053 | 0.17 | 8,277,453 | 41.04 | 13,812 |
10. | General authority to disapply pre-emption rights (special resolution) | 8,256,393 | 99.75 | 20,756 | 0.25 | 8,277,149 | 41.03 | 14,116 |
11. | Additional authority to disapply pre-emption rights for purposes of acquisitions or capital investments (special resolution) | 8,256,493 | 99.75 | 20,656 | 0.25 | 8,277,149 | 41.03 | 14,116 |
12. | Authority to purchase own shares (special resolution) | 8,274,850 | 99.84 | 13,603 | 0.16 | 8,288,453 | 41.09 | 2,812 |
13. | To allow certain general meetings to be called on not less than 14 days' notice | 8,204,498 | 98.95 | 86,767 | 1.05 | 8,291,265 | 41.10 | 0 |
1. Any proxy arrangement which gave discretion to the Chairman has been included in the "for" totals.
2. A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution.
3. The number of shares in issue at 6:00 p.m. on 17 April 2017 was 20,171,540 ("ISC").
For further information, please contact:
Mpac Group plc Tel: +44 (0) 2476 421100
Tony Steels, Chief Executive
Jim Haughey, Group Finance Director
Panmure Gordon (UK) Limited Tel: +44 (0) 20 7886 2500
(Nominated Advisor & Broker)
Andrew Potts, Peter Steel - Corporate Finance
James Stearns - Corporate Broking
Hudson Sandler Tel: +44 (0) 20 7796 4133
Nick Lyon
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