Result of AGM

RNS Number : 7917B

Breedon Aggregates Ld

20 April 2012

 



20 April 2012

Breedon Aggregates Limited

("Breedon Aggregates" or the "Company")

Result of AGM

The Annual General Meeting of Breedon Aggregates Limited was held on Friday 20 April 2012 at Victor Hugo Suite, St Pierre Park Hotel, Rohais, St. Peter Port, Guernsey at 2.00pm.

All resolutions proposed at the meeting were passed on a show of hands.  The number of votes which were lodged by proxy for and against each of the resolutions put before the Meeting and the number of votes withheld were as follows:

	Votes for	% of shares voted	Votes against	Votes total	Votes withheld
ORDINARY RESOLUTIONS
1.     To adopt the Financial Statements and the reports of the Directors and of the Auditor for the year ended December 31, 2011	462,745,866	100.00	1,000	462,746,866	500
2.     To re-appoint the Auditor	462,746,386	100.00	1,000	462,747,386	0
3.     To authorise the Directors to determine the fee payable to the Auditor	462,743,248	100.00	4,138	462,747,386	0
4.     To re-appoint S N Vivian as a director	462,745,886	100.00	1,000	462,746,886	500
5.     To re-appoint D J Warr as a director	462,745,386	100.00	1,500	462,746,886	500
6.     To authorise the Directors to allot shares	462,726,386	100.00	1,000	462,727,386	20,000
SPECIAL RESOLUTIONS
7.     To authorise the Directors to allot shares without applying pre-emption rights	450,940,997	97.45	11,783,167	462,724,164	23,222
8.     To authorise the Company  to purchase its own shares	462,742,248	100.00	4,138	462,746,386	1,000
9.    To authorise the Company to communicate with its members by electronic means	462,480,548	99.97	141,838	462,622,386	125,000
10.  To amend the Articles of Association of the Company	462,495,386	99.97	131,500	462,626,886	120,500

Notes:

1      "Votes for" include those giving the Chairman discretion, and the percentages are rounded to two decimal places.

2      "Votes withheld" are not votes in law, and are not included in the votes "for" or "against" a resolution.

3      The total number of ordinary shares eligible to vote was 561,005,454.

Further to the announcement on 11 April 2012 detailing the conditional placing of 83,333,335 ordinary shares of no par value in the Company ("Placing Shares"), the Company is pleased to confirm that, the relevant resolutions having been passed, the Placing Shares are expected to be admitted to trading on Monday 23 April 2012. 

- ends -

For further information:

Breedon Aggregates Limited

Simon Vivian, Group Chief Executive

Ian Peters, Group Finance Director

01332 694010

Stephen Jacobs, Head of Communications

07831 764592

Cenkos Securities plc

Nicholas Wells / Max Hartley

020 7397 8900

More about Breedon Aggregates

Breedon Aggregates is the largest independent aggregates business in the UK, operating 26 quarries, 18 asphalt plants and 40 ready-mixed concrete plants in England and Scotland, and employing around 800 people. The group has strong asset backing, with nearly 200 million tonnes of mineral reserves and resources.

www.breedonaggregates.com

Important notes

Cenkos Securities Plc, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for the Company in relation to the Placing and will not be responsible to anyone other than the Company for providing the protections afforded to clients of Cenkos Securities Plc nor for providing advice in relation to the Placing or any other transaction or arrangement referred to in this document. Nothing in this paragraph shall serve to include or limit any responsibilities or liabilities Cenkos Securities Plc may have under the Financial Services and Markets Act 2000, as amended, or the regulatory regime established thereunder.

Neither this announcement, nor any part of it, constitutes an offer to sell or issue or the solicitation of an offer to buy, subscribe or acquire any new ordinary shares in the Company in any jurisdiction in which any such offer or solicitation would be unlawful and the information contained herein is not for publication or distribution, directly or indirectly, in or into the United States of America, Canada, Australia, the Republic of South Africa, the Republic of Ireland or Japan or any jurisdiction in which such publication or distribution would be unlawful.

This announcement includes statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements can be identified by the use of forward-looking terminology, including the terms "believes", "plans", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this announcement and include, but are not limited to, statements regarding the Company's intentions, beliefs or current expectations concerning, among other things, the Company's financial position, prospects, growth, strategies and expectations.

 

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