Last checked at 19 Jul 2017 12:29
Renold plc
("Renold" or the "Company")
Resolutions passed at Annual General Meeting on 19 July 2017
Renold is pleased to announce that all resolutions proposed at its Annual General Meeting were duly passed. Full details of each resolution were set out in the Notice of Annual General Meeting which is available on the Company's website at www.renold.com.
In accordance with Listing Rule 9.6.2, copies of all the resolutions passed as special business at the Annual General Meeting have been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/nsm.
All resolutions put to the meeting were passed on a show of hands.
The following is a summary of the Forms of Proxy received up to 48 hours before the time of the Annual General Meeting by the Company's registrar:
Resolution | For and Discretion | % | Against | % | % of issued share capital voted | Withheld* |
1. To receive and consider the accounts and the Directors' and Auditor's report on them | 170,750,308 | 99.40 | 1,039,260 | 0.6 | 76.21 | 6,721 |
2. To approve the Directors' Remuneration Report | 170,578,499 | 99.31 | 1,182,259 | 0.69 | 76.20 | 35,531 |
3. To elect Ian Scapens as a Director of the Company | 171,779,920 | 99.998 | 3,881 | 0.002 | 76.21 | 12,488 |
4. To elect David Landless as a Director of the Company | 171,779,920 | 99.998 | 3,881 | 0.002 | 76.21 | 12,488 |
5. To re-elect Mark Harper as a Director of the Company | 171,698,446 | 99.95 | 83,382 | 0.05 | 76.21 | 14,461 |
6. To re-elect John Allkins as a Director of the Company | 171,695,757 | 99.95 | 92,259 | 0.05 | 76.21 | 8,273 |
7. To re-elect Ian Griffiths as a Director of the Company | 171,757,011 | 99.98 | 30,817 | 0.02 | 76.21 | 8,461 |
8. To re-appoint Deloitte LLP as auditors | 170,753,616 | 99.98 | 35,098 | 0.02 | 75.77 | 1,007,575 |
9. To authorise the Directors to determine the auditors' remuneration | 171,735,043 | 99.99 | 13,302 | 0.01 | 76.19 | 47,944 |
10. To approve the Deferred Shares Agreement | 171,664,297 | 99.99 | 20,825 | 0.01 | 76.16 | 111,167 |
11. To authorise the Directors to allot shares | 170,588,337 | 99.36 | 1,106,577 | 0.64 | 76.17 | 101,375 |
12. Special resolution to adopt the Articles of Association** | 170,107,901 | 99.65 | 594,851 | 0.35 | 75.73 | 1,093,537 |
13. Special resolution to disapply pre-emption rights** | 170,600,885 | 99.37 | 1,083,579 | 0.63 | 76.16 | 111,825 |
14. Special resolution to authorise the Company to make market purchases of its own ordinary shares** | 171,517,288 | 99.84 | 278,651 | 0.16 | 76.21 | 350 |
15. Special resolution to authorise the calling of a general meeting on not less than 14 clear days' notice** | 170,087,959 | 99.06 | 1,621,364 | 0.94 | 76.17 | 86,966 |
16. Special resolution to authorise political donations** | 168,667,773 | 98.22 | 3,055,357 | 1.78 | 76.18 | 73,159 |
* a 'Vote Withheld' is not a vote in law and is not counted towards the votes cast 'for' or 'against' a resolution
** Passed as special resolutions
19 July 2017
Renold plc | Tel: 0161 498 4500 |
Louise Brace, Company Secretary | |