28 Apr 2017 13:37
28 April 2017
Ultra Electronics Holdings plc
("Ultra" or the "Company")
Result of AGM
Ultra Electronics Holdings plc held its Annual General Meeting in Greenford, Middlesex today at 10.00 a.m. All resolutions were passed on a show of hands.
The proxy voting for the resolutions tabled at the Meeting was as follows:
Resolution | Votes For/ Discretionary | % | Votes Against | % | Total Votes | % of Issued Share Capital Voted | Votes Withheld* | |
1 | Report & accounts | 60,530,711 | 99.67% | 197,975 | 0.33% | 60,728,686 | 86.00% | 0 |
2 | Remuneration Report | 59,669,864 | 99.33% | 402,746 | 0.67% | 60,072,610 | 85.07% | 656,074 |
3 | Remuneration Policy | 54,984,558 | 93.11% | 4,065,746 | 6.89% | 59,050,304 | 83.62% | 1,678,381 |
4 | Final dividend | 60,727,192 | 100.00% | 1,494 | 0.00% | 60,728,686 | 86.00% | 0 |
5 | Mr. D. Caster | 58,003,005 | 96.67% | 1,995,375 | 3.33% | 59,998,380 | 84.97% | 730,304 |
6 | Mr. M. Broadhurst | 60,493,335 | 99.74% | 158,810 | 0.26% | 60,652,145 | 85.89% | 76,541 |
7 | Mr. J. Hirst | 60,347,208 | 99.50% | 304,937 | 0.50% | 60,652,145 | 85.89% | 76,541 |
8 | Sir. R. Walmsley | 60,491,858 | 99.74% | 160,287 | 0.26% | 60,652,145 | 85.89% | 76,541 |
9 | Mr. R. Sharma | 60,480,204 | 99.72% | 172,525 | 0.28% | 60,652,729 | 85.89% | 75,957 |
10 | Mr. M. Anderson | 60,464,441 | 99.69% | 188,288 | 0.31% | 60,652,729 | 85.89% | 75,957 |
11 | Mr. A. Sharma | 60,326,228 | 99.46% | 324,708 | 0.54% | 60,650,936 | 85.89% | 77,750 |
12 | Reappoint auditor | 59,004,386 | 97.16% | 1,723,242 | 2.84% | 60,727,628 | 86.00% | 1,057 |
13 | Auditors remuneration | 60,365,605 | 99.41% | 361,081 | 0.59% | 60,726,686 | 86.00% | 2,000 |
14 | Allot shares | 55,607,113 | 92.25% | 4,668,594 | 7.75% | 60,275,707 | 85.36% | 452,979 |
15 | Ultra Electronics Long-Term Incentive Plan 2017 | 54,949,140 | 93.06% | 4,099,223 | 6.94% | 59,048,363 | 83.62% | 1,680,322 |
16 | Ultra Electronics Company Share Option Plan 2007 | 59,539,394 | 98.04% | 1,187,656 | 1.96% | 60,727,050 | 86.00% | 1,635 |
17 | Ultra Electronics Executive Share Option Scheme 2007 | 59,537,164 | 98.04% | 1,189,556 | 1.96% | 60,726,720 | 86.00% | 1,965 |
18 | Ultra Electronics Savings Related Share Option Scheme 2007 | 60,687,211 | 99.93% | 40,040 | 0.07% | 60,727,251 | 86.00% | 1,435 |
19 | Ultra Electronics US Stock Purchase Plan 2007 | 60,723,506 | 100.00% | 1,802 | 0.00% | 60,725,308 | 85.99% | 3,378 |
20 | Ultra Electronics All Employee Share Ownership Plan | 60,700,509 | 99.95% | 27,442 | 0.05% | 60,727,951 | 86.00% | 735 |
21** | Pre-emption rights | 60,648,000 | 99.87% | 77,187 | 0.13% | 60,725,187 | 85.99% | 3,499 |
22** | Pre-emption rights (additional) | 54,834,975 | 90.30% | 5,890,211 | 9.70% | 60,725,186 | 85.99% | 3,499 |
23** | Purchase own shares | 59,744,157 | 98.42% | 957,991 | 1.58% | 60,702,148 | 85.96% | 26,537 |
24** | Short notice GMs | 58,870,955 | 96.94% | 1,856,237 | 3.06% | 60,727,192 | 86.00% | 1,494 |
*A vote withheld is not a vote in law and is not counted towards votes cast "For" or "Against" a resolution.
** Special Resolutions requiring a 75% majority
In accordance with Listing Rule 9.2.2E, Resolutions 4 - 7 inclusive were approved by: (a) the shareholders of the Company; and (b) the independent shareholders of the Company.
The total voting rights of the Company on the day on which shareholders had to be on the register in order to be eligible to vote was 70,611,237.
The results will also be made available on the Company's website: http://www.ultra-electronics.com/investors
In accordance with LR 9.6.2, a document setting out the resolutions passed at the AGM, concerning special business has been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM
Payment of the final dividend will be made on 04 May 2017 to shareholders who were on the shareholder register on 7 April 2017.
Enquiries:
Ultra Electronics Holdings plc +44 (0)208 813 4321
Sharon Harris, Company Secretary www.ultra-electronics.com