Result of AGM

Telecom Plus PLC

17 August 2026

 

Telecom Plus PLC (the "Company")

Result of 2026 Annual General Meeting

Telecom Plus PLC (trading as Utility Warehouse and UW), an integrated and unique platform for subscription-style essential household services in the UK, announces that at the Annual General Meeting of the Company ("AGM") held earlier today all resolutions put to shareholders of the Company were duly passed. A poll was held for each resolution, the results of which are as follows: 

	RESOLUTIONS	VOTES IN FAVOUR	%age	VOTES AGAINST	%age	WITHHELD
1	To receive the 2026 Annual Report and Accounts	48,570,827	99.93%	33,777	0.07%	34,792
2	To approve the 2026 Directors' Remuneration Report	34,904,608	71.78%	13,719,411	28.22%	15,377
3	To approve the Telecom Plus PLC 2026 Directors' Remuneration Policy	34,208,931	70.36%	14,411,031	29.64%	19,434
4	To approve the payment of a 12.0p final dividend	48,577,516	99.91%	44,583	0.09%	17,297
5	To re-elect Charles Wigoder	41,603,562	92.28%	3,482,612	7.72%	3,553,222
6	To re-elect Stuart Burnett	44,604,167	98.93%	480,526	1.07%	3,554,703
7	To re-elect Nicholas Schoenfeld	41,384,494	91.80%	3,698,133	8.20%	3,556,769
8	To re-elect Suzanne Williams	44,087,476	97.79%	996,787	2.21%	3,555,133
9	To re-elect Philip Bunker	44,067,126	97.75%	1,014,482	2.25%	3,557,788
10	To re-elect Gemma Godfrey	44,958,352	99.73%	123,699	0.27%	3,557,345
11	To re-elect Bindiya Karia	44,948,715	99.71%	131,709	0.29%	3,558,972
12	To re-elect Carla Stent	44,406,423	98.50%	677,013	1.50%	3,555,960
13	To re-appoint KPMG LLP as auditor	48,086,439	98.89%	540,494	1.11%	12,463
14	To authorise the Directors to determine the auditor's remuneration	48,423,333	99.58%	203,484	0.42%	12,579
15	To authorise the Company to make market purchases of its own shares*	48,568,317	99.90%	49,509	0.10%	21,570
16	To authorise the directors to allot shares pursuant to section 551 of the Companies Act 2006	44,273,294	91.06%	4,348,109	8.94%	17,993
17	To authorise the directors to disapply pre-emption rights*	44,020,924	90.54%	4,599,404	9.46%	19,068
18	To authorise the directors to further disapply pre-emption rights in addition to Resolution 17*	43,797,683	90.08%	4,823,262	9.92%	18,451
19	To authorise the payment of political donations and incur political expenditure	48,075,140	98.87%	550,930	1.13%	13,326
20	To authorise 14 clear days' notice periods for General Meetings (other than the AGM)*	47,495,309	97.67%	1,131,407	2.33%	12,680

*Special resolution

The Board notes that Resolutions 2 and 3 received less than 80% support at the AGM and recognises the importance of understanding the reasons for shareholders' views.

The Board and Remuneration Committee will engage with shareholders to understand and discuss the concerns and views expressed in relation to the Directors' Annual Report on Remuneration and the Directors' Remuneration Policy.  The Board will consider carefully the feedback received and, where appropriate, will take this into account in the ongoing development and implementation of the Company's remuneration arrangements.

In accordance with the UK Corporate Governance Code, the Company will provide an update on shareholder engagement and any actions taken or proposed in response to the feedback within six months of the AGM.

A copy of the resolutions passed at the AGM relating to special business has been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For further information, please contact:

Telecom Plus PLC

David Baxter

Tel: [phone]

17 August 2026

LEI code: 549300QGHDX5UKE58G86

 

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