8 May 2014 18:09
8 May 2014
The Vitec Group plc
Results of Annual General Meeting 2014
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 18 March 2014 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 2013 | 36,731,894 | 100 | 0 | 0 | 0 |
2 | To approve the Directors' Remuneration Policy Report for the year ended 31 December 2013 | 33,140,814 | 96.0 | 1,380,577 | 4.0 | 2,210,503 |
3 | To approve the Directors' Remuneration Report, other than the part containing the Directors' Remuneration Policy Report, for the year ended 31 December 2013 | 33,953,787 | 98.4 | 562,604 | 1.6 | 2,215,503 |
4 | To declare a final dividend of 14.1p per ordinary share | 36,731,894 | 100 | 0 | 0 | 0 |
5 | To re-elect John McDonough CBE as a director | 34,265,829 | 99.3 | 259,042 | 0.7 | 2,207,023 |
6 | To re-elect Stephen Bird as a director | 36,330,356 | 98.9 | 401,538 | 1.1 | 0 |
7 | To re-elect Carolyn Fairbairn as a director | 34,512,992 | 99.9 | 10,195 | 0.1 | 2,208,707 |
8 | To re-elect Paul Hayes as a director | 34,497,548 | 93.9 | 2,234,346 | 6.1 | 0 |
9 | To re-elect Christopher Humphrey as a director | 34,522,905 | 99.9 | 866 | 0.1 | 2,208,123 |
10 | To re-elect Nigel Moore as a director | 34,513,952 | 99.9 | 10,919 | 0.1 | 2,207,023 |
11 | To re-elect Lorraine Rienecker as a director | 34,518,795 | 99.9 | 4,392 | 0.1 | 2,208,707 |
12 | To re-elect Mark Rollins as a director | 34,521,221 | 99.9 | 866 | 0.1 | 2,209,807 |
13 | To appoint KPMG LLP as auditors of the Company | 34,122,628 | 99.5 | 179,521 | 0.5 | 2,429,745 |
14 | To authorise the Board to determine the remuneration of the auditors | 36,445,973 | 99.8 | 63,200 | 0.2 | 222,721 |
15 | To approve the rules of The Vitec Group 2014 Long Term Incentive Plan | 33,134,692 | 90.2 | 3,590,722 | 9.8 | 6,480 |
16 | To renew the authority for directors to allot relevant securities | 34,508,466 | 94.0 | 2,221,928 | 6.0 | 1,500 |
17 | To authorise directors to allot equity shares or to sell any ordinary shares which the Company holds in treasury for cash and to disapply pre-emption rights in connection with such allotments or sales** | 34,515,738 | 94.0 | 2,216,156 | 6.0 | 0 |
18 | To renew the authority for the Company to make market purchases of its own shares** | 36,728,171 | 99.9 | 3,223 | 0.1 | 500 |
19 | Notice period for general meetings** | 36,093,754 | 98.3 | 636,113 | 1.7 | 2,027 |
** denotes a special resolution
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.
Jon Bolton
Group Company Secretary
A Snapshot of The Vitec Group
Vitec is an international Group principally serving customers in the Broadcast & Video, Photographic and Military, Aerospace and Government (MAG) markets. Listed on the London Stock Exchange with 2013 revenue of £315.4 million, Vitec is based on strong, well known, premium brands on which its customers worldwide rely. Vitec is organised in three Divisions: Videocom, Imaging and Services.
Videocom designs and distributes systems and products used in broadcasting and live entertainment, film and video production and MAG.
Imaging designs, manufactures and distributes equipment and accessories for photography and video.
Services provides equipment rental, workflow design and technical support to TV production teams and film crews.
More information can be found at: www.vitecgroup.com.