20 Jul 2016 11:33
Renold plc
("Renold" or the "Company")
Resolutions passed at Annual General Meeting on 20 July 2016
Renold is pleased to announce that all resolutions proposed at its Annual General Meeting were duly passed. Full details of each resolution were set out in the Notice of Annual General Meeting which is available on the Company's website at www.renold.com.
In accordance with Listing Rule 9.6.2, copies of all the resolutions passed as special business at the Annual General Meeting have been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/nsm.
All resolutions put to the meeting were passed on a show of hands.
The following is a summary of the Forms of Proxy received up to 48 hours before the time of the Annual General Meeting by the Company's registrar:
Resolution | For and Discretion | % | Against | % | % of issued share capital voted | Withheld* |
1. To receive and consider the accounts and the Directors' and Auditor's report on them | 175,197,147 | 99.99 | 18,768 | 0.01 | 78.55 | 785,411 |
2. To approve the Directors' Remuneration Report | 170,204,238 | 96.73 | 5,745,449 | 3.27 | 78.88 | 51,639 |
3. To approve the Directors' Remuneration Policy | 160,871,566 | 91.90 | 14,174,772 | 8.10 | 78.47 | 954,988 |
4. To approve an amendment to the Renold plc 2013 Performance Share Plan | 159,909,730 | 91.38 | 15,079,300 | 8.62 | 78.45 | 1,012,296 |
5. To re-elect Robert Purcell as a Director | 175,898,536 | 99.99 | 18,127 | 0.01 | 78.86 | 84,663 |
6. To re-elect Mark Harper as a Director | 175,800,050 | 99.93 | 126,217 | 0.07 | 78.87 | 75,059 |
7. To re-elect John Allkins as a Director | 175,793,694 | 99.93 | 126,812 | 0.07 | 78.87 | 80,820 |
8. To re-elect Ian Griffiths as a Director | 175,890,733 | 99.98 | 28,255 | 0.02 | 78.86 | 82,338 |
9. To re-appoint Deloitte LLP as auditors | 174,961,988 | 99.98 | 36,310 | 0.02 | 78.45 | 1,003,028 |
10. To authorise the Directors to determine the auditors' remuneration | 175,981,475 | 99.99 | 15,897 | 0.01 | 78.90 | 3,954 |
11. To authorise the Directors to allot shares | 174,731,761 | 99.28 | 1,266,435 | 0.72 | 78.90 | 3,130 |
12. Special resolution to disapply pre-emption rights** | 174,745,174 | 99.32 | 1,194,532 | 0.68 | 78.87 | 61,620 |
13. Special resolution to authorise the Company to make market purchases of its own ordinary shares** | 175,819,565 | 99.90 | 174,733 | 0.10 | 78.90 | 7,028 |
14. Special resolution to authorise the calling of a general meeting on not less than 14 clear days' notice** | 173,633,405 | 98.69 | 2,305,688 | 1.31 | 78.87 | 62,233 |
15. Special resolution to authorise political donations** | 174,466,456 | 99.14 | 1,506,388 | 0.86 | 78.89 | 28,482 |
* a 'Vote Withheld' is not a vote in law and is not counted towards the votes cast 'for' or 'against' a resolution
** Passed as special resolutions
20 July 2016
Renold plc | Tel: 0161 498 4500 |
Louise Brace, Company Secretary | |
Renold (RNO)