Result of AGM

RNS Number : 0619M

Acal PLC

25 July 2017

 

25 July 2017

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	54,209,478	0	44,866	400,000
2	Approval of Final Dividend	54,609,478	0	44,866	0
3	Approval of Directors' Remuneration Report	51,031,740	1,764,925	46,141	1,811,537
4	Re-election of S Gibbins	54,605,492	3,000	44,945	907
5	Re-appointment of Auditor	54,596,944	12,013	44,945	442
6	Authority to fix Auditor's Remuneration	54,601,999	3,000	49,345	0
7	Authority to Allot Shares	54,558,802	41,017	44,945	9,580
8	Additional Authority to Allot Shares (rights issue)	54,568,382	41,017	44,945	0
9	Authority to Disapply Statutory Pre-Emption Rights	54,149,119	52,280	44,945	408,000
10	Additional Authority to Disapply Statutory Pre-Emption Rights (acquisition or specified capital investment)	54,157,568	46,949	47,827	402,000
11	Additional Authority to Allot Shares	54,082,681	123,021	44,945	403,697
12	Authority to Purchase Company's Own Shares	54,177,859	29,540	44,945	402,000
13	Notice of General Meetings	54,365,067	242,741	44,945	1,590

As at today's date Acal plc has 70,680,974 ordinary shares in issue.

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

Joanna Harkus Madge

Group Company Secretary

For further information please contact:

Acal plc

Nick Jefferies                        - Group Chief Executive                                                                    01483 544500

Simon Gibbins                      - Group Finance Director

Joanna Harkus Madge        - Group Company Secretary

Instinctif Partners                                                                                                                                                                               

Mark Garraway                                                                                                                                  0207 457 2020

Helen Tarbet

Notes to Editors: About Acal plc

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

Acal has two divisions: Design & Manufacturing and Custom Distribution. The majority of its sales come from products and solutions which are created specifically for a customer. Acal works across a range of technologies, namely Communications & Sensors, Power & Magnetics, Electromechanical & Cabling, Microsystems, and Imaging & Photonics.

Acal operates through the following wholly-owned businesses: Acal BFi, Contour, Flux, Foss, Hectronic, MTC, Myrra, Noratel, Plitron, RSG, Stortech, Variohm 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 and Slovakia as well as in Asia (China, India, South Korea, Sri Lanka and Thailand), North America (the US and Canada) and South Africa.

 

END

 

 

RAGUVSSRBOABUAR