21 May 2019 15:20
21 May 2019
The Vitec Group plc
Result of 2019 Annual General Meeting
The Vitec Group plc announces that at the Annual General Meeting held today all resolutions as set out in the Notice of Annual General Meeting dated 20 March 2019 were passed. A poll was conducted on each resolution proposed at the Meeting and the number of votes for and against each of the resolutions, and the number of votes withheld, were as follows:
FOR
| AGAINST | WITHHELD | ||||
Resolution
| Votes cast | % | Votes cast | % | Votes cast | |
1 | To receive and adopt the Annual Report and Accounts for the year ended 31 December 2018 | 34,705,786 | 99.99 | 156 | 0.01 | 9,304 |
2 | To approve the Directors' Remuneration Report, other than the Directors' Remuneration Policy Report, for the year ended 31 December 2018 | 34,299,833 | 98.81 | 412,413 | 1.19 | 3,000 |
3 | To declare a final dividend of 25.5p per ordinary share | 34,715,246 | 100 | 0 | 0.00 | 0 |
4 | To reappoint Stephen Bird as a director | 34,702,025 | 99.96 | 13,094 | 0.04 | 127 |
5 | To reappoint Martin Green as a director | 34,699,675 | 99.96 | 15,444 | 0.04 | 127 |
6 | To reappoint Kath Kearney-Croft as a director | 34,702,025 | 99.96 | 13,094 | 0.04 | 127 |
7 | To reappoint Christopher Humphrey as a director | 34,074,063 | 98.15 | 641,056 | 1.85 | 127 |
8 | To reappoint Ian McHoul as a director | 33,612,359 | 96.82 | 1,102,759 | 3.18 | 127 |
9 | To reappoint Duncan Penny as a director | 34,710,348 | 99.99 | 4,771 | 0.01 | 127 |
10 | To reappoint Caroline Thomson as a director | 34,713,412 | 99.99 | 1,707 | 0.01 | 127 |
11 | To reappoint Richard Tyson as a director | 34,710,348 | 99.99 | 4,771 | 0.01 | 127 |
12 | To reappoint Deloitte LLP as auditor of the Company | 34,567,873 | 99.58 | 147,246 | 0.42 | 127 |
13 | To authorise Directors to determine the remuneration of the auditor | 34,562,159 | 99.56 | 152,960 | 0.44 | 127 |
14 | To renew the authority for Directors to allot relevant securities | 34,708,765 | 99.99 | 622 | 0.01 | 5,859 |
15 | To authorise Directors to allot relevant securities with the disapplication of pre-emption rights** | 34,700,318 | 99.99 | 4,564 | 0.01 | 10,364 |
16 | To renew the authority for the Company to make market purchases of its own shares** | 34,695,381 | 99.99 | 4,178 | 0.01 | 15,687 |
17 | To authorise Directors to call general meetings on 14 days' notice** | 34,500,585 | 99.41 | 204,208 | 0.59 | 10,453 |
** denotes a special resolution
The number of shares in issue as at the date of the 2019 Annual General Meeting is 45,285,939.
In accordance with LR 9.6.2 a copy of the resolutions passed under special business at today's Annual General Meeting will be submitted to the National Storage Mechanism.
As previously announced, following the conclusion of the AGM, John McDonough CBE stood down as a director of the Company and Ian McHoul has succeeded him as Chairman.
Jon Bolton
Group Company Secretary
A snapshot of The Vitec Group plc
Vitec is a leading global provider of premium branded products and solutions to the fast moving and growing "image capture and content creation" market.
Vitec's customers include broadcasters, independent content creators, photographers and enterprises, and our activities comprise: design, manufacture and distribution of high performance products and solutions including camera supports, camera mounted electronic accessories, robotic camera systems, prompters, LED lights, mobile power, monitors, bags, motion control and noise reduction equipment.
We employ around 1,800 people across the world in 13 different countries and are organised in three Divisions: Imaging Solutions, Production Solutions and Creative Solutions.
The Vitec Group plc is listed on the London Stock Exchange with 2018 revenue of £385.4 million.
More information can be found at: www.vitecgroup.com
LEI number: 2138007H5DQ4X8YOCF14