1 August
2024
Volex plc
("Volex" or "the
Company")
Results of Annual General
Meeting
Volex plc (AIM:VLX), the global supplier of integrated manufacturing
services and power products, is pleased to announce the results of
its AGM, held earlier today, at which all resolutions were duly
passed on a poll.
The total number of votes received
on each resolution put to the AGM is as follows:
|
|
Resolution
|
% in
Favour
|
Votes For
|
Votes
Against
|
Total Votes Cast
|
% of
issued share capital voted
|
Votes
Withheld*
|
|
1.
|
To receive
the audited accounts of the Company for the financial year ended 31
March 2024
|
99.99%
|
92,770,635
|
3,567
|
92,774,202
|
51.08%
|
11,209,194
|
|
2.
|
To approve
the Remuneration Committee Report
|
97.64%
|
101,512,601
|
2,455,444
|
103,968,045
|
57.25%
|
15,351
|
|
3.
|
To declare
a final dividend of 2.8 pence per ordinary share for the financial
year ended 31 March 2024
|
99.99%
|
103,979,545
|
78
|
103,979,623
|
57.25%
|
3,773
|
|
4.
|
To elect
John Wilson as a Director
|
99.69%
|
103,658,732
|
318,306
|
103,977,038
|
57.25%
|
6,358
|
|
5.
|
To re-elect
Jon Boaden as a Director
|
99.69%
|
103,650,976
|
326,062
|
103,977,038
|
57.25%
|
6,358
|
|
6.
|
To
re-elect Amelia Murillo as a Director
|
99.75%
|
103,717,556
|
258,040
|
103,975,596
|
57.25%
|
7,800
|
|
7.
|
To
re-elect Sir Peter Westmacott
as a Director
|
96.79%
|
100,636,425
|
3,338,236
|
103,974,661
|
57.25%
|
8,735
|
|
8.
|
To
re-appoint PricewaterhouseCoopers LLP as auditors of the
Company
|
98.99%
|
102,922,096
|
1,047,996
|
103,970,092
|
57.25%
|
13,304
|
|
9.
|
To
authorise the Directors to determine the remuneration of the
auditors
|
99.45%
|
103,394,990
|
576,017
|
103,971,007
|
57.25%
|
12,389
|
|
10.
|
To
authorise the Directors to allot shares in the Company pursuant to
section 551 of the Companies Act 2006 ("2006 Act")
|
99.60%
|
103,562,525
|
413,551
|
103,976,076
|
57.25%
|
7,320
|
|
11.
|
To
authorise the disapplication of statutory pre-emption rights under
section 570 of the 2006 Act
|
98.61%
|
102,530,071
|
1,446,205
|
103,976,276
|
57.25%
|
7,120
|
|
12.
|
To
authorise the further disapplication of statutory pre-emption
rights under section 570 of the 2006 Act in connection with an
acquisition or specified capital investment
|
97.48%
|
101,352,269
|
2,624,007
|
103,976,276
|
57.25%
|
7,120
|
|
13.
|
To
authorise the Company to make purchases of its own shares in
accordance with section 701 of the 2006 Act
|
99.97%
|
103,684,365
|
29,934
|
103,714,299
|
57.11%
|
269,097
|
Notes
*A vote withheld is not treated as a
vote in law and is not counted in the calculation of the proportion
of the votes cast for or against a resolution.
Resolutions 1 to 10 were ordinary
resolutions, requiring a simple majority of votes cast to pass,
while resolutions 11 to 13 were special resolutions, requiring at
least 75% support to pass.
The total number of Volex shares in
issue at 6.00 p.m. on 30 July
2024, being those eligible to be voted on at the
AGM, was 181,617,533.
The full text of each of the
resolutions is set out in the Notice of AGM, which is available on
the Volex website (www.volex.com) on the "Shareholder Information" page in the Investor
Relations section.
For further information please
contact:
Volex
plc
+44 (0)7971 156 431
Nat Rothschild,
Executive Chairman
investor.relations@volex.com
Jon Boaden, Chief
Financial Officer
Chris Bedford, Group
General Counsel and Company Secretary
Peel Hunt LLP - Nominated Adviser &
Joint
Broker
+44 20 7418 8900
Ed Allsopp
Dom Convey
Ben
Harrington
HSBC Bank plc - Joint
Broker
+44 20 7991 8888
Simon Alexander
Joe Weaving
Stephanie
Cornish
Sodali & Co - Media
Enquiries
+44 20 7250 1446
James White
Nicholas Johnson
