Macfarlane Group PLC
22 May 2000
MACFARLANE GROUP PLC: RESOLUTIONS PASSED AT AGM
The Board of Macfarlane Group PLC is pleased to announce
that the following resolutions were passed at the Annual
General Meeting of the Company on 22 May 2000:-
1. To receive and adopt the directors' report and the
accounts for the year ended 31 December 1999.
2. To declare a final dividend.
3. To elect Iain D Duffin as a director of the company.
4. To elect John Love as a director of the company.
5. To re-elect Michael Clark as a director of the
company.
6. To re-appoint the auditors and to authorise the
directors to determine their remuneration.
7. To give the Directors authority under Section 80 of
the Companies Act 1985 to allot relevant securities in
the next five years.
8. To empower the directors for the period from the
passing of this resolution until the conclusion of the
annual general meeting to be held in 2000 to allot equity
securities of the company in accordance with the
provisions of Section 95 of the Companies Act 1985 up to
a maximum nominal amount of £1,585,353 as if section
89(1) of the Companies Act 1985 did not apply to such an
allotment: and that, the directors on behalf of the
company shall be entitled to make at any time prior to
the expiry of the power hereby conferred any offer or
agreement which would or might require equity securities
to be allotted after its expiry.
9. To approve the rules of The Macfarlane Group PLC
Bonus Deferral Plan 2000.
10. To approve the rules of The Macfarlane Group PLC
Company Share Option Plan 2000.
11. To approve the rules of The Macfarlane Group PLC
Executive Share Option Scheme 2000.
12. To approve the rules of The Macfarlane Group PLC
Savings Related Share Option Scheme 2000.
13. To approve, conditional upon Royal Assent to the
Finance Bill 2000 being given, the rules of The
Macfarlane Group PLC All-Employee Share Ownership Plan.
14. To give the Company authority to make market
purchases as defined in Section 163(3) of the Companies
Act 1985 up to maximum number of 12,682,824 ordinary
shares.
All the resolutions were ordinary resolutions except
resolution eight which was a special resolution.
Contacts Iain D Duffin
Chief Executive 0141 333 9666
John Love
Finance Director 0141 333 9666
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.