Annual Financial Report and Notice of AGM
6 April 2022
Annual Report and Accounts 31 December 2021
Vesuvius plc today posted its 2021 Annual Report and Accounts (the 'Annual Report') and 2022 Notice of Annual General Meeting to those shareholders who have requested them and they are available on Vesuvius' website at:
https://report2021.vesuvius.com
and at
https://www.vesuvius.com/en/investors/shareholder-information/shareholder--meetings.html
In accordance with Listing Rule 9.6.1, Vesuvius plc will shortly be submitting its Annual Report and other shareholder documents to the National Storage Mechanism. These documents should then be available for inspection within two working days at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
The Annual Report has been prepared using the single electronic reporting format specified in the TD ESEF Regulation and can be accessed within two working days at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism and is also available on our website www.vesuvius.com
2022 Annual General Meeting ("AGM")
The Annual General Meeting of the Company will be held at the offices of Linklaters LLP, One Silk Street, London EC2Y 8HQ on Wednesday 18 May 2022 at 11.00am. Shareholders are asked not to attend the AGM in person if they have Covid symptoms, have tested positive for Covid or if they are feeling generally unwell. Shareholders who are unable to attend the AGM in person are invited to join a webinar of the proceedings, details of how to access this will be available on the Company's website: www.vesuvius.com, on the day of the meeting. Shareholders may submit questions about the business of the AGM in advance of the Meeting to the Company Secretary at: Vesuvius plc, 165 Fleet Street, London EC4A 2AE, England or by e-mail (for this purpose only) to: shareholder.information@vesuvius.com. If the Government covid guidance changes before the date of the AGM, or the Company is required to postpone or adjourn the meeting for any reason, notice will be placed on the Company's website. You are advised to check the website: www.vesuvius.com for any such notifications.
This announcement contains the directors' responsibility statement as required for the purposes of compliance with DTR 6.3.5R (1) of the Disclosure and Transparency Rules. This information is extracted, in full unedited text, from the Annual Report. All the other information required by DTR 6.3.5 (1) was contained within the preliminary announcement of Vesuvius' results for the year ended 31 December 2021 released to the market on Thursday 3 March 2022. As disclosed in the preliminary announcement and in the 2021 Annual Report there are no related party transactions requiring disclosure. These announcements are not a substitute for reading the full Annual Report.
Enquiries:
|
Henry Knowles, General Counsel and Company Secretary |
+44 (0) 20 7822 0000 |
|
Euan Drysdale, Group Head of Corporate Finance |
+44 (0) 7584 641315 |
Appendix
Statement of Directors' Responsibilities in respect of the Financial Statements
The Directors are responsible for preparing the Annual Report and Financial Statements in accordance with applicable law and regulation. Company law requires the Directors to prepare financial statements for each financial year. Under that law, the Directors have prepared the Group financial statements in accordance with UK-adopted international accounting standards and the Company financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards, comprising FRS 101 'Reduced Disclosure Framework', and applicable law).
Under company law, the Directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Group and Company and of the profit or loss of the Group for that period. In preparing the financial statements, the Directors are required to:
- Select suitable accounting policies and then apply them consistently
- State whether applicable UK-adopted international accounting standards have been followed for the Group financial statements and United Kingdom Accounting Standards, comprising FRS 101 have been followed for the Company financial statements, subject to any material departures disclosed and explained in the financial statements
- Make judgements and accounting estimates that are reasonable and prudent
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Group and Company will continue in business
The Directors are also responsible for safeguarding the assets of the Group and Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Group's and Company's transactions and disclose with reasonable accuracy at any time the financial position of the Group and Company and enable them to ensure that the financial statements and the Directors' Remuneration Report comply with the Companies Act 2006.
The Directors are responsible for the maintenance and integrity of the Company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Directors' confirmations
The Directors consider that the Annual Report and Financial Statements, taken as a whole, is fair, balanced and understandable and provides the information necessary for shareholders to assess the Group and Company's position and performance, business model and strategy.
Each of the Directors, whose names and functions are listed below, confirm that, to the best of their knowledge:
- The Company financial statements, which have been prepared in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards, comprising FRS 101 Reduced Disclosure Framework, and applicable law), give a true and fair view of the assets, liabilities and financial position of the Company
- The Group financial statements, which have been prepared in accordance with UK-adopted international accounting standards, give a true and fair view of the assets, liabilities, financial position and profit of the Group
- The Strategic Report includes a fair review of the development and performance of the business and the position of the Group and Company, together with a description of the principal risks and uncertainties that the Group faces
The names and functions of the Directors of Vesuvius plc who were in office during the year and at the signing of these financial statements were:
John McDonough CBE | Chairman
|
Patrick André | Chief Executive
|
Guy Young
| Chief Financial Officer |
Kath Durrant
| Non-executive Director and Chair of the Remuneration Committee
|
Dinggui Gao
| Non-executive Director |
Friederike Helfer
| Non-executive Director |
Jane Hinkley
| Non-executive Director |
Douglas Hurt
| Non-executive Director, Senior Independent Director and Chairman of the Audit Committee
|
On behalf of the Board
Guy Young
Chief Financial Officer
3 March 2022
Vesuvius plc, 165 Fleet Street, London EC4A 2AE
Registered in England and Wales No. 8217766
LEI: 213800ORZ521W585SY02
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Latest directors dealings
- 20 minutes ago ASOS
- 47 minutes ago MJ Gleeson
- 49 minutes ago Rolls-Royce Holdings
- 1 hour ago Crest Nicholson Holdings
- 1 hour ago Naked Wines