The Vitec Group PLC Result of 2017 AGM (4459F)

TIDMVTC

RNS Number : 4459F

The Vitec Group PLC

17 May 2017

17 May 2017

The Vitec Group plc

Result of 2017 Annual General Meeting

The Vitec Group plc announces that at the Annual General Meeting held today all resolutions as set out in the Notice of Annual General Meeting dated 14 March 2017 were passed. A poll was conducted on each resolution proposed at the Meeting and the number of votes for and against each of the resolutions, and the number of votes withheld, were as follows:

 
                                          FOR              AGAINST       WITHHELD* 
---  ---------------------------  -------------------  ---------------  ---------- 
      Resolution                     Votes        %      Votes     %       Votes 
                                      cast                cast              cast 
---  ---------------------------  -----------  ------  --------  -----  ---------- 
      To receive and adopt 
       the Annual Report 
       and Accounts for 
       the year ended 31 
 1     December 2016               36,286,639     100         0      0       3,114 
---  ---------------------------  -----------  ------  --------  -----  ---------- 
      To approve the Directors' 
       Remuneration Policy 
       Report as set out 
       in the Annual Report 
       for the year ended 
 2     31 December 2016            36,268,829   99.97     9,424   0.03      11,500 
---  ---------------------------  -----------  ------  --------  -----  ---------- 
      To approve the Directors' 
       Remuneration Report, 
       other than the Directors' 
       Remuneration Policy 
       Report, for the year 
       ended 31 December 
 3     2016                        36,272,645   99.99     5,308   0.01      11,800 
---  ---------------------------  -----------  ------  --------  -----  ---------- 
      To declare a final 
       dividend of 17.3p 
 4     per ordinary share          36,289,753     100         0      0           0 
---  ---------------------------  -----------  ------  --------  -----  ---------- 
      To reappoint John 
       McDonough CBE as 
 5     a director                  36,288,350   99.99     1,403   0.01           0 
---  ---------------------------  -----------  ------  --------  -----  ---------- 
      To reappoint Stephen 
 6     Bird as a director          36,261,893   99.92    27,860   0.08           0 
---  ---------------------------  -----------  ------  --------  -----  ---------- 
      To reappoint Martin 
 7     Green as a director         36,261,293   99.92    27,860   0.08         600 
---  ---------------------------  -----------  ------  --------  -----  ---------- 
      To reappoint Kath 
       Kearney-Croft as 
 8     a director                  36,259,793   99.92    29,360   0.08         600 
---  ---------------------------  -----------  ------  --------  -----  ---------- 
      To reappoint Christopher 
 9     Humphrey as a director      35,875,050   98.86   414,103   1.14         600 
---  ---------------------------  -----------  ------  --------  -----  ---------- 
      To reappoint Lorraine 
 10    Rienecker as a director     36,286,850   99.99     2,903   0.01           0 
---  ---------------------------  -----------  ------  --------  -----  ---------- 
      To reappoint Mark 
 11    Rollins as a director       36,288,350   99.99     1,403   0.01           0 
---  ---------------------------  -----------  ------  --------  -----  ---------- 
      To reappoint Caroline 
 12    Thomson as a director       36,286,250   99.99     3,503   0.01           0 
---  ---------------------------  -----------  ------  --------  -----  ---------- 
      To reappoint KPMG 
       LLP as auditor of 
 13    the Company                 36,257,876   99.92    30,607   0.08       1,270 
---  ---------------------------  -----------  ------  --------  -----  ---------- 
      To authorise Directors 
       to determine the 
       remuneration of the 
 14    auditor                     36,289,753     100         0      0           0 
---  ---------------------------  -----------  ------  --------  -----  ---------- 
      To renew the authority 
       for Directors to 
 15    allot relevant securities   36,284,987   99.99     2,766   0.01       2,000 
---  ---------------------------  -----------  ------  --------  -----  ---------- 
      To authorise Directors 
       to allot relevant 
       securities with the 
       disapplication of 
 16    pre-emption rights**        36,281,128   99.98     6,625   0.02       2,000 
---  ---------------------------  -----------  ------  --------  -----  ---------- 
      To renew the authority 
       for the Company to 
       make market purchases 
 17    of its own shares**         36,280,225   99.98     9,028   0.02         500 
---  ---------------------------  -----------  ------  --------  -----  ---------- 
      To authorise Directors 
       to call general meetings 
 18    on 14 days' notice**        36,240,523   99.86    49,230   0.14           0 
---  ---------------------------  -----------  ------  --------  -----  ---------- 
      To authorise Directors 
       to make political 
 19    donations**                 29,541,824   99.12   263,185   0.88   6,484,744 
---  ---------------------------  -----------  ------  --------  -----  ---------- 
 

** denotes a special resolution

The number of shares in issue as at the date of the 2017 Annual General Meeting is 44,744,200.

In accordance with LR 9.6.2 a copy of the resolutions passed under special business at today's Annual General Meeting will be submitted to the National Storage Mechanism.

Jon Bolton

Group Company Secretary

A Snapshot of The Vitec Group

Vitec is a leading global provider of premium branded products and services to the fast changing and growing "image capture and sharing" market.

Vitec's customers include broadcasters, independent content creators, photographers and enterprises, and our activities comprise: design, manufacture and distribution of high performance products and software including camera supports, wireless systems, robotic camera systems, prompters, LED lights, mobile power, monitors and bags; and premium services including technical solutions, systems integration and equipment rental for TV production teams, film crews and enterprises.

We employ around 1,700 people across the world in ten different countries and are organised in two Divisions: Broadcast and Photographic.

The Vitec Group plc is listed on the London Stock Exchange with 2016 revenue of GBP376.2 million.

More information can be found at: www.vitecgroup.com.

LEI number: 2138007H5DQ4X8YOCF14

This information is provided by RNS

The company news service from the London Stock Exchange

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May 17, 2017 09:05 ET (13:05 GMT)