Result of AGM

RNS Number : 2600N

Electrocomponents PLC

24 July 2014

 



Electrocomponents Plc - Annual General Meeting

(the Company)

Electrocomponents Plc announces that all of the resolutions set out in the Notice of Meeting dated 13 June 2014 were passed on a show of hands by shareholders at today's Annual General Meeting. Resolutions 15, 16, 17 and 18 were passed as Special Resolutions.

Details of the proxy votes received in advance of the meeting are set out below and can be found on the Company's website at http://www.electrocomponents.com/investor-centre/corporate-governance/agm   

Resolution		Votes  For (incl. Chairman's discretion)	% For (incl. Chairman's discretion)	Votes Against	% Against	Total votes validly cast	Votes Withheld*
1.	To receive Report & Accounts for 2014	378,537,689	100	6,607	0.00	378,544,296	16,276
2.	To approve the Directors' Remuneration  Policy	373,438,100	99.32	2,550,067	0.68	375,988,167	2,572,404
3.	To approve the Statement by the Chairman of the Remuneration Committee and the Annual Report on Remuneration	374,438,031	99.30	2,651,380	0.70	377,089,411	1,471,160
4.	To declare a final Dividend for 2014	378,555,574	100.00	3,525	0.00	378,559,099	1,473
5.	To re-elect Simon Boddie	378,323,873	99.94	225,204	0.06	378,549,077	11,495
6.	To re-elect Karen Guerra	376,908,379	99.57	1,642,144	0.43	378,550,523	10,049
7.	To re-elect Paul Hollingworth	376,915,173	99.57	1,635,904	0.43	378,551,077	9,495
8.	To re-elect Peter Johnson	376,635,788	99.49	1,913,288	0.51	378.549,076	11,495
9.	To re-elect Ian Mason	378,296,450	99.94	228,204	0.06	378,524,654	35,918
10.	To re-elect John  Pattullo	376,871.982	99.56	1,666,947	0.44	378,538,929	21,643
11.	To re-elect Rupert Soames	376,693,134	99.51	1,855,943	0.49	378,549,077	11,495
12.	To appoint PricewaterhouseCoopers LLP	369,247,084	99.62	1,421,733	0.38	370,668,817	7,891,755
13.	To authorise Directors to agree remuneration of the Auditor	368,996,271	99.55	1,669,275	0.45	370,665,546	7,895,026
14.	Renewal of the Directors' Authority to allot shares	377,839,351	99.81	707,729	0.19	378,547,080	13,492
15.	Renewal of  the Directors' Authority to disapply pre‑emption rights	376,315,881	99.41	2,238,010	0.59	378,553,891	6,681
16.	Renewal of the Directors' Authority for purchase by Company of own shares	369,702,642	97.66	8,854,533	2.34	378,557,175	3,397
17.	Notice Period for General Meetings	359,680,880	95.02	18,861,232	4.98	378,542,112	18,460
18.	To approve the Long Term Incentive Plan	375,797,167	99.29	2,676,093	0.71	378,473,260	87,311

* A "vote withheld" is not a vote in law and will not be counted in the calculation of the proportion of votes "for" or "against" a resolution, the total votes validly cast or the calculation of the proportion of issued share capital voted.

In accordance with Listing Rule 9.6.2., a copy of the Resolutions relating to Special Business has been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM

Full details of all the Resolutions passed, together with explanatory notes, are set out in the Notice of AGM previously submitted to the National Storage Mechanism at http://www.morningstar.co.uk/uk/NSM and on the Company's website at http://www.electrocomponents.com/investor-centre/reports-and-presentations/reports 

The total number of shares in issue at 6pm on Wednesday, 23 July 2014 was 439,596,429 ordinary shares in the Company. A total of 86.12% of the share capital was voted.

IAN HASLEGRAVE

Company Secretary

24 July 2014

Registered office:

International Management Centre, 8050 Oxford Business Park North, Oxford OX4 2HW
tel: [phone]

fax: [phone]

www.electrocomponents.com 

 

END

 

 

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