Last checked at 15 Jul 2010 15:37
RENOLD PLC
("Renold" or the "Company")
Resolutions passed at the Annual General Meeting on 15 July 2010
Renold is pleased to announce that all resolutions proposed at its Annual General Meeting today 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.
Two copies of the resolutions, other than resolutions concerning ordinary business, have been submitted to the UK Listing Authority in accordance with Listing Rule 9.6.2 and will be shortly available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at:
Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS
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 registrars:
| Resolution | For and Discretion | % | Against | % | % of issued share capital voted | Withheld* |
| 1. To receive and consider the accounts and the directors' and auditor's reports on them | 154,166,935 | 99.99 | 9,808 | 0.01 | 70.22 | 2,993 |
| 2. To approve the directors' remuneration report | 153,982,322 | 99.89 | 164,236 | 0.11 | 70.21 | 33,178 |
| 3. To elect Ian Griffiths as a director | 153,100,778 | 99.97 | 47,334 | 0.03 | 69.75
| 1,031,624 |
| 4. To re-elect John Allkins as a director | 154,000,214 | 99.92 | 128,726 | 0.08 | 70.20 | 50,796 |
| 5. To re-appoint Ernst & Young LLP as auditors | 153,087,509 | 99.30 | 1,079,194 | 0.70 | 70.21 | 13,033 |
| 6. To authorise the directors to determine the auditor's remuneration | 153,136,824 | 99.98 | 28,975 | 0.02 | 69.76 | 1,013,937 |
| 7. To authorise the directors to allot shares | 152,943,841 | 99.87 | 193,873 | 0.13 | 69.75 | 1,042,022 |
| 8. To disapply pre-emption rights** | 152,810,916 | 99.15 | 1,305,105 | 0.85 | 70.19 | 63,715 |
| 9. To authorise the Company to make market purchases of its own ordinary shares** | 153,964,188 | 99.87 | 199,325 | 0.13 | 70.21 | 16,223 |
| 10. To amend the Company's Articles of Association** | 152,908,532 | 99.86 | 218,137 | 0.14 | 69.74 | 1,053,067 |
| 11. To authorise the calling of a general meeting on not less than 14 clear days' notice** | 153,040,958 | 99.29 | 1,098,781 | 0.71 | 70.20 | 39,997 |
| 12. To authorise political donations** | 145,498,823 | 94.41 | 8,620,713 | 5.59 | 70.19 | 60,200 |
* 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
15 July 2010
| Renold plc | Tel: 0161 498 4500 |
| Hannah Woodcock, Legal Manager and Company Secretary |
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| College Hill | Tel: 020 7457 2020 |
| Adam Aljewicz |
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Notes to Editors:
Renold is a global leader in the manufacture of industrial chains and a wide range of precision engineering products which are sold throughout the world to a broad range of original equipment manufacturers and distributors. Its products are used in a wide variety of industries including transportation, energy, steel, manufacturing and mining.
The Company has a well deserved reputation for quality that is recognized worldwide.
For more information on Renold, visit www.renold.com