Result of AGM

RNS Number : 7631E

Electrocomponents PLC

20 July 2016

 

Electrocomponents Plc

(the Company)

Results of Annual General Meeting

Electrocomponents Plc announces that all of the resolutions set out in the Notice of Meeting dated 16 June 2016 were passed on a show of hands by shareholders at today's Annual General Meeting. Resolutions 15, 16 and 17 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 www.electrocomponents.com/investor-centre/corporate-governance/agm-information

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 2016	391,601,277	99.98	71,621	0.02	391,672,898	1,644,469
2.	To aprove the Directors' remuneration policy	386,390,524	98.77	4,831,191	1.23	391,221,715	2,095,652
3.	To approve the Statement by the Chairman of the Remuneration Committee and the Annual Report on Remuneration for the year ended 31 March 2016	386,212,786	98.31	6,633,605	1.69	392,846,391	470,976
4.	To declare a final Dividend for 2016	393,244,833	99.98	72,534	0.02	393,317,367	0
5.	To elect David Egan	392,464,700	99.84	633,178	0.16	393,097,878	219,489
6.	To re-elect Bertrand Bodson	392,488,466	99.84	609,648	0.16	393,098,114	219,253
7.	To re-elect Karen Guerra	392,444,875	99.84	638,509	016	393,083,384	233,983
8.	To re-elect Paul Hollingworth	392,482,044	99.84	616,328	0.16	393,098,372	218,995
9.	To re-elect Peter Johnson	387,903,166	98.73	5,005,948	1.27	392,909,114	408,253
10.	To re-elect John  Pattullo	392,476,971	99.84	611,401	0.16	393,088,372	228,995
11.	To re-elect Lindsley Ruth	392,513,878	99.85	585,489	0.15	393,099,367	218,000
12.	To re-appoint PricewaterhouseCoopers LLP as auditor	393,297,838	100.00	16,118	0.00	393,313,956	3,411
13.	To authorise Directors to agree remuneration of the auditor	393,298,743	100.00	12,371	0.00	393,311,114	6,253
14.	Renewal of the Directors' authority to allot shares	392,919,607	99.95	178,126	0.05	393,097,733	219,634
15.	Renewal of  the Directors' authority to disapply pre‑emption rights	374,392,758	95.19	18,910,613	4.81	393,303,371	13,996
16.	Renewal of the Directors' authority for purchase by Company of own shares	388,776,829	98.90	4,327,751	1.10	393,104,580	212,787
17.	Notice Period for General Meetings	370,070,754	94.09	23,241,013	5.91	393,311,767	5,600
18.	Approval of Long Term Incentive Plan 2016	386,430,089	98.34	6,540,035	1.66	392,970,124	347,243

* 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/annual-reports.

The total number of shares in issue at 6pm on Tuesday, 19 July 2016 was 440,873,477 ordinary shares in the Company. A total of 89.21% of the share capital was voted.

IAN HASLEGRAVE

Company Secretary

20 July 2016

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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