16 May 2019 10:54
16 May 2019
Safestyle UK PLC
("Safestyle" or the "Group")
Result of AGM
Safestyle UK plc, the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market, announces that at the Annual General Meeting held earlier today, all resolutions were duly passed.
Resolution | For | Against | Withheld | Total votes cast | |||
Number of votes | % | Number of votes | % | Number of votes | |||
1. | Ordinary resolution to receive the Company's annual accounts for the financial year ended 31 December 2018. | 63,075,119 | 100 | 0 | 0 | 637 | 63,075,119 |
2. | Ordinary resolution to obtain shareholder approval for the directors' remuneration report in respect of the year ended 31 December 2018. | 50,529,483 | 80.11 | 12,545,636 | 19.89 | 637 | 63,075,119 |
3.. | Ordinary resolution to not fill the vacancy created by the retirement of Christopher Davies. | 63,075,119 | 100 | 0 | 0 | 637 | 63,075,119 |
4. | Ordinary resolution to re-elect Michael Gallacher as a director of the Company. | 63,075,119 | 100 | 0 | 0 | 637 | 63,075,119 |
5. | Ordinary resolution to re-elect Alan Lovell as a director of the Company. | 61,952,477 | 98.22 | 1,121,922 | 1.78 | 1,357 | 63,074,399 |
6. | Ordinary resolution to re-elect Robert Neale as a director of the Company. | 63,071,893 | 100 | 0 | 0 | 3,863 | 63,071,893 |
7. | Ordinary resolution to re-elect Julia Porter as a director of the Company. | 60,272,047 | 95.56 | 2,799,846 | 4.44 | 3,863 | 63,071,893 |
8. | Ordinary resolution to re-elect Fiona Goldsmith as a director of the Company. | 63,071,893 | 100 | 0 | 0 | 3,863 | 63,071,893 |
9. | Ordinary resolution to re-appoint KPMG LLP as the Company's auditors to hold office from the conclusion of this meeting until the conclusion of the next meeting and, in accordance with normal practice. | 63,073,638 | 99.99 | 1,481 | 0.01 | 637 | 63,075,756 |
10. | Ordinary resolution to authorise the directors to determine the remuneration of the auditors. | 63,075,119 | 100 | 0 | 0 | 637 | 63,075,756 |
11. | Ordinary resolution to approve the directors to allot ordinary shares in the Company (and to grant rights to subscribe for, or to convert any security into, ordinary shares in the Company) up to an aggregate nominal amount of £276,029.65 and in connection with a rights issue only up to a further aggregate nominal amount of £276,029.65. | 63,071,893 | 100 | 0 | 0 | 3,863 | 63,071,893 |
12. | Ordinary resolution to allow the Company to hold any shares in the capital of the Company that it purchases pursuant to resolution 14 as treasury shares. | 63,075,119 | 100 | 0 | 0 | 637 | 63,075,119 |
13. | Special resolution to enable the directors to allot, grant options over or otherwise dispose of equity securities for cash or sell treasury shares for cash up to a maximum aggregate nominal amount of £552,059.31 as if pre-emption rights did not apply to such allotment. | 63,071,893 | 100 | 0 | 0 | 3,863 | 63,071,893 |
14. | Special resolution to allow the Company to purchase up to 8,280,890 ordinary shares in the market (which represents approximately 10 per cent of the issued ordinary share capital of the Company as at Thursday 4 April 2019.) | 63,072,613 | 100 | 0 | 0 | 3,143 | 63,072,613 |
Enquiries:
Safestyle UK plc Mike Gallacher, Chief Executive Officer Rob Neale, Chief Financial Officer
| via FTI Consulting |
Zeus Capital (Nominated Adviser & Joint Broker) Dan Bate / Andrew Jones / Dominic King
| Tel: 0203 829 5000 |
Liberum Capital Limited (Joint Broker) Neil Patel / Jamie Richards
| Tel: 0203 100 2100 |
FTI Consulting (Financial PR) Alex Beagley / James Styles / Laura Saraby
| Tel: 0203 727 1000 |
About Safestyle UK plc
The Group is the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market. For more information please visit www.safestyleukplc.co.uk or www.safestyle-windows.co.uk.