Result of AGM

RNS Number : 4530U

Acal PLC

29 July 2015

 

29 July 2015

Acal plc

Results of Annual General Meeting

Acal plc (LSE: ACL, "Acal" or "The Group"), one of the leading international suppliers of customised electronics to industry, announces that, at the Annual General Meeting held earlier today, all resolutions were carried on a show of hands.  The following levels of proxy votes were received.

	Resolution	For	Against	Chairman's Discretion	Withheld
1	Receipt and Adoption of Financial Statements	39,638,899	0	46,592	0
2	Approval of Final Dividend	39,638,899	0	46,592	0
3	Approval of Directors' Remuneration Report	33,182,057	302,591	48,120	6,152,723
4	Approval of Directors' Remuneration Policy	27,076,555	7,144,963	48,120	5,415,853
5	Re-election of N Jefferies	39,006,336	132,563	46,592	500,000
6	Re-election of R Moon	39,138,899	500,000	46,592	0
7	Re-appointment of Auditors	39,623,015	15,884	46,592	0
8	Authority to fix Auditors' Remuneration	39,638,899	0	46,592	0
9	Authority to Allot Shares	39,130,187	8,712	46,592	500,000
10	Additional Authority to Allot Shares (rights issue)	39,130,133	8,766	46,592	500,000
11	Authority to Disapply Statutory Pre-Emption Rights	39,123,210	515,689	46,592	0
12	Additional Authority to Disapply Statutory Pre-Emption Rights (rights issue)	37,438,021	527,075	46,592	1,673,803
13	Additional Authority to Allot Shares	38,858,756	513,743	46,592	266,400
14	Authority to Purchase Company's Own Shares	39,135,402	3,497	46,592	500,000
15	Notice of General Meetings	34,388,196	5,250,703	46,592	0

As at today's date Acal plc has 63,065,260 ordinary shares in issue.

A copy of the resolutions approved by Shareholders will be placed on the National Storage Mechanism.

G P Shillinglaw

Group Company Secretary

For further information please contact:

Acal plc

Nick Jefferies       -   Group Chief Executive                                                                     01483 544500

Simon Gibbins     -   Group Finance Director

Gary Shillinglaw   -   Group Company Secretary

Instinctif Partners                                                                                                                                

Mark Garraway                                                                                                              0207 457 2020

Helen Tarbet

James Gray 

Notes to Editors: About Acal plc

Acal is a leading supplier of customised electronics to industry. It designs, manufactures and distributes customer-specific electronic products and solutions to 25,000 industrial manufacturers and is listed on the London Stock Exchange (LSE: ACL).

Acal has two divisions: Custom Distribution and Design & Manufacturing. The majority of its sales comes from products and solutions which are either created uniquely for a customer or sourced exclusively. Acal works across a range of technologies, namely Communications & Sensors, Electromechanical, Imaging & Photonics, Embedded Computers & Displays, and Power & Magnetics.

Acal operates through the following wholly-owned businesses:  Acal BFi, Foss, Hectronic, MTC, Myrra, Noratel, RSG, Stortech and Vertec. It has operating companies and manufacturing facilities in a number of markets, including the UK, Germany, France, the Nordic region, Benelux, Italy, Poland, Slovakia and Spain, as well as in Asia (China, India, Sri Lanka and South Korea), the US and South Africa.

 

END

 

 

RAGUKVARVNABUAR