Result of AGM

Vesuvius plc
18 May 2023
 

18 May 2023

Vesuvius plc - Result of Annual General Meeting 2023 ("AGM")

Vesuvius plc ("the Company") confirms that, at its AGM held today, each of the resolutions set out in the Notice of Meeting to Shareholders dated 31 March 2023 were passed by the Shareholders. A poll was conducted on each resolution at the meeting and the results, certified by the scrutineer Equiniti Limited, were as follows:  

 

RESOLUTIONS

FOR

AGAINST

TOTAL

 

 

 

No. of votes cast1

% of votes cast

No. of votes cast

% of votes cast

No. of votes cast3

% of Issued Share Capital2

Votes withheld3

1

Receipt of Annual Report and Accounts

241,418,274

100.00

8,963

0.00

241,427,237

89.02%

750,926

2

Declaration of Final Dividend

242,174,125

100.00

2,529

0.00

242,176,654

89.29%

1,509

3

Approval of Directors' Remuneration Policy

234,279,589

96.74

7,890,060

3.26

242,169,649

89.29%

8,514

4

Approval of Directors' Remuneration Report

196,827,568

82.20

42,633,878

17.80

239,461,446

88.29%

2,716,717

5

Election of Carla Bailo

240,070,334

99.13

2,097,100

0.87

242,167,434

89.29%

10,729

6

Election of Mark Collis

239,879,089

99.06

2,288,345

0.94

242,167,434

89.29%

10,729

7

Election of Carl-Peter Forster

223,871,840

92.45

18,295,594

7.55

242,167,434

89.29%

10,729

8

Re-election of Patrick André

241,256,428

99.62

911,006

0.38

242,167,434

89.29%

10,729

9

Re-election of Kath Durrant

239,762,595

99.01

2,404,838

0.99

242,167,433

89.29%

10,730

10

Re-election of Dinggui Gao

239,912,903

99.07

2,254,525

0.93

242,167,428

89.29%

10,735

11

Re-election of Friederike Helfer

237,496,764

98.07

4,670,664

1.93

242,167,428

89.29%

10,735

12

Re-election of Douglas Hurt

237,429,851

98.04

4,737,583

1.96

242,167,434

89.29%

10,729

13

Reappointment of Auditor

241,477,641

99.71

698,165

0.29

242,175,806

89.29%

2,357

14

Remuneration of Auditor

242,162,992

100.00

2,704

0.00

242,165,696

89.29%

12,467

15

Authority to incur political expenditure

238,945,911

98.67

3,225,353

1.33

242,171,264

89.29%

6,899

16

Authority to allot shares

235,133,306

97.10

7,034,461

2.90

242,167,767

89.29%

10,396

17

Special Resolution:

Authority to
dis-apply pre-emption Rights

239,622,705

98.95

2,549,465

1.05

242,172,170

89.29%

5,993

18

Special Resolution:

Additional authority to disapply pre-emption rights only in connection with an acquisition or specified investment

239,402,935

98.86

2,764,235

1.14

242,167,170

89.29%

10,993

19

Special Resolution:

Authority to purchase own shares

241,512,927

99.74

627,442

0.26

242,140,369

89.28%

37,794

20

Special Resolution:

Authority to call a general meeting on 14 clear days' notice

239,904,401

99.06

2,265,303

0.94

242,169,704

89.29%

8,459

21

Ordinary Resolution:

Approval of the amendment to the rules of the Vesuvius Share Plan

239,700,095

98.98

2,461,542

1.02

242,161,637

89.29%

16,526

 

 

Notes:

1.    Any proxy appointments which gave discretion to the Chairman of the Meeting have been included in the "for" total.

2.    The total number of shares in issue is 278,485,071 of which 7,271,174 shares are held as Treasury shares. Therefore, the total number of voting rights in the Company is 271,213,897.

3.    A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "for" and "against" a resolution.

4.    All percentages are shown to two decimal places.

This information will also shortly be available to view on the Company's website at: www.vesuvius.com.

A copy of Resolution 21 and the rules of the Vesuvius Share Plan will be submitted to the National Storage Mechanism in accordance with Listing Rule 9.6.2. and will be available to view at

https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

 

For further information, please contact:

Henry Knowles, General Counsel and Company Secretary

+44 (0) 20 7822 0000

Rachel Stevens, Group Head of Investor Relations

+44 (0) 7387 545 271

 

 

About Vesuvius plc

 

Vesuvius is a global leader in molten metal flow engineering and technology principally serving process industries operating in challenging high temperature conditions.

We develop innovative and customised solutions, often used in extremely demanding industrial environments, which enable our customers to make their manufacturing processes safer, more efficient and more sustainable. These include flow control solutions, advanced refractories and other consumable products and increasingly, related technical services including data capture.

We have a worldwide presence. We serve our customers through a network of cost-efficient manufacturing plants located close to their own facilities, and embed our industry experts within their operations, who are all supported by our global technology centres.

Our core competitive strengths are our market and technology leadership, strong customer relationships, well established presence in developing markets and our global reach, all of which facilitate the expansion of our addressable markets.

Our ultimate goal is to create value for our customers, and to deliver sustainable, profitable growth for our shareholders giving a superior return on their investment whilst providing each of our employees with a safe workplace where they are recognised, developed and properly rewarded.

We think beyond today to create solutions that will shape the future.

 

Vesuvius plc, 165 Fleet Street, London EC4A 2AE

Registered in England and Wales No. 8217766

LEI: 213800ORZ521W585SY02

www.vesuvius.com

 

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