REG - Volex PLC - Result of AGM

VolexAnnouncement

01/08/2024 16:30

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RNS Number : 8726Y  Volex PLC  01 August 2024

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  99.99%       92,770,635   3,567           92,774,202          51.08%                          11,209,194
             March 2024
 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   99.99%       103,979,545  78              103,979,623         57.25%                          3,773
             year ended 31 March 2024
 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   99.60%       103,562,525  413,551         103,976,076         57.25%                          7,320
             551 of the Companies Act 2006 ("2006 Act")
 11.         To authorise the disapplication of statutory pre-emption rights under section   98.61%       102,530,071  1,446,205       103,976,276         57.25%                          7,120
             570 of the 2006 Act
 12.         To authorise the further disapplication of statutory pre-emption rights under   97.48%       101,352,269  2,624,007       103,976,276         57.25%                          7,120
             section 570 of the 2006 Act in connection with an acquisition or specified
             capital investment
 13.         To authorise the Company to make purchases of its own shares in accordance      99.97%       103,684,365  29,934          103,714,299         57.11%                          269,097
             with section 701 of the 2006 Act

 

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 (http://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

 

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