20 Feb 2013 10:00
Titon Holdings Plc ("the Company")
Result of Annual General Meeting
At the Annual General Meeting of the Company held at the Titon Manufacturing Division premises at Falconer Road, Haverhill, Suffolk, CB9 7XU at 11.00 a.m. on 19th February 2013 all resolutions were passed on a show of hands.
Details of the proxy votes received in respect of each of the Resolutions put to the Annual General Meeting are detailed below and have been posted on the Company's web site at www.titonholdings.com
The following is a summary of the Forms of Proxy received up to the time of the Meeting by the Registrars.
RESOLUTIONS | Votes in favour | Percentage in favour | Votes against | Vote withheld | |
Ordinary Business | |||||
1 | To receive and adopt the reports of the Directors and the Auditors and the audited accounts of the Company for the year ended 30 September 2012. | 4,684,813 | 99.99 % | 500 | 0 |
2 | To declare a final dividend of 0.5 pence per share on the ordinary shares of the Company. | 4,684,813 | 99.99 % | 500 | 0 |
3 | To re-elect Mr Keith Archibald Ritchie as a Director of the Company. | 4,684,813 | 99.99 % | 500 | 0 |
4 | To re-elect Mr David Alan Ruffell as a Director of the Company. | 4,684,813 | 99.99 % | 500 | 0 |
5 | To re-appoint BDO LLP as Auditors of the Company and to authorise the Directors to determine their remuneration. | 4,672,333 | 100.00 % | 0 | 12,980 |
Special Business | |||||
6 | To give the Directors authority to allot shares. | 4,647,143 | 99.39 % | 28,670 | 9,500 |
7 | To receive and adopt the Director's Remuneration Report for the year ended 30 September 2012. | 4,681,643 | 99.92 % | 3,670 | 0 |
8 | To give the Directors power to allot share for cash otherwise than in accordance with statutory pre-emption rights. | 4,643,663 | 99.31 % | 32,150 | 9,500 |
9 | To give the Directors power to make market purchases of the Company's own shares. | 4,681,250 | 99.91 % | 4,063 | 0 |
Notes
1 Where shareholders have appointed the Chairman of the meeting as their proxy, with discretion as to voting, those votes have been cast in favour of all resolutions.
2 A 'vote withheld' is not counted when deciding whether or not a resolution is passed.
3 The total number of Ordinary Shares in issue as at 11.00 a.m. on 19th February 2013 was 10,555,650.
In compliance with LR 9.6.1, the following documents will be submitted to the National Storage Mechanism and shortly be available for viewing at www.Hemscott.com/nsm.do
Document : Resolutions passed by the shareholders at the AGM.
Document : the 2012 Annual Report & Financial Statements (which can also be viewed at or downloaded from the Company's corporate website at www.titonholdings.com).
D RuffellCompany SecretaryTiton Holdings Plc
20 February 2013
Titon (TON)