Result of AGM

RNS Number : 9253M

Safestyle UK PLC

14 May 2020

 

14 May 2020

Safestyle UK PLC

("Safestyle", the "Company" or the "Group")

Result of AGM

Safestyle UK plc, the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market, announces that at the Annual General Meeting held earlier today, all resolutions were duly passed.

Resolution		For		Against		Withheld	Total votes cast
		Number of votes	%	Number of votes	%	Number of votes
1.	Ordinary resolution to receive the Company's annual accounts for the financial year ended 31 December 2019.	96,158,690	94.68	5,405,536	5.32	0	101,564,226
2.	Ordinary resolution to obtain shareholder approval for the directors' remuneration report in respect of the year ended 31 December 2019.	87,581,769	86.23	13,982,457	13.77	0	101,564,226
3.	Ordinary resolution to re-elect Michael Gallacher as a director of the Company.	101,562,305	100	0	0	1,921	101,564,226
4.	Ordinary resolution to re-elect Robert Neale as a director of the Company.	101,562,305	100	0	0	1,921	101,564,226
5.	Ordinary resolution to appoint Grant Thornton UK LLP as the Company's auditors to hold office from the conclusion of this meeting until the conclusion of the next meeting, in accordance with normal practice.	101,563,142	99.99	1,084	0.01	0	101,564,226
6.	Ordinary resolution to authorise the directors to determine the remuneration of the auditors	101,564,226	100	0	0	0	101,564,226
7.	Ordinary resolution to approve the directors to allot ordinary shares in the Company (and to grant rights to subscribe for, or to convert any security into, ordinary shares in the Company) up to an aggregate nominal amount of £276,029.65 and in connection with a rights issue only up to a further aggregate nominal amount of £276,029.65.	101,562,305	99.99	1,921	0.01	0	101,564,226
8.	Ordinary resolution to allow the Company to hold any shares in the capital of the Company that it purchases pursuant to resolution 10 as treasury shares.	101,562,305	99.99	1,921	0.01	0	101,564,226
9.	Special resolution to enable the directors to allot, grant options over or otherwise dispose of equity securities for cash or sell treasury shares for cash up to a maximum aggregate nominal amount of £552,059.31 as if pre-emption rights did not apply to such allotment.	89,415,502	88.04	12,148,724	11.96	0	101,564,226
10.	Special resolution to allow the Company to purchase up to 8,280,890 ordinary shares in the market (which represents approximately 10 per cent of the issued ordinary share capital of the Company as at Wednesday 8 April 2020.)	101,564,226	100	0	0	0	101,564,226

Enquiries:

Safestyle UK plc Mike Gallacher, Chief Executive Officer Rob Neale, Chief Financial Officer	via FTI Consulting
Zeus Capital (Nominated Adviser & Joint Broker) Dan Bate / Daniel Harris / Dominic King	Tel: [phone]
Liberum Capital Limited (Joint Broker) Neil Patel / Jamie Richards	Tel: [phone]
FTI Consulting (Financial PR) Alex Beagley / James Styles / Sam Macpherson	Tel: [phone]

About Safestyle UK plc

The Group is the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market.  For more information please visit www.safestyleukplc.co.uk or www.safestyle-windows.co.uk .

 

END

 

 

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