Volution Group plc Result of AGM - Poll Votes (4938R)

TIDMFAN

RNS Number : 4938R

Volution Group plc

09 December 2016

Friday 9 December 2016

Volution Group plc

Results of Annual General Meeting

Volution Group plc (the "Company", LSE: FAN) a leading supplier of ventilation products to the residential and commercial construction markets, announces that all resolutions put to the Annual General Meeting held at 12.00 noon on 9 December 2016 at Norton Rose Fulbright LLP, 3 More London Riverside, London SE1 2AQ, were duly passed on a poll. The results of the poll, incorporating the proxy votes lodged in advance of the meeting, are set out below.

 
 Resolution                       FOR (1)                 AGAINST               WITHHELD    TOTAL 
                                                                                 (2)         VOTE 
-------------------------------  ----------------------  --------------------  ----------  ------------ 
                                  Number        % of      Number       % of     Number      Number 
                                   of votes      votes     of votes     votes    of votes    of votes 
                                                 cast                   cast 
-------------------------------  ------------  --------  -----------  -------  ----------  ------------ 
        Annual Report 
 01      and Accounts             176,644,910   100.00%   0            0.00%    0           176,644,910 
-----  ------------------------  ------------  --------  -----------  -------  ----------  ------------ 
        Directors' Remuneration 
 02      Report                   167,666,621   99.99%    30           0.01%    8,978,259   176,644,910 
-----  ------------------------  ------------  --------  -----------  -------  ----------  ------------ 
 03     Final Dividend            176,644,910   100.00%   0            0.00%    0           176,644,910 
-----  ------------------------  ------------  --------  -----------  -------  ----------  ------------ 
        Re-elect Peter 
 04      Hill                     176,644,910   100.00%   0            0.00%    0           176,644,910 
-----  ------------------------  ------------  --------  -----------  -------  ----------  ------------ 
        Re-elect Adrian 
 05      Barden                   176,644,910   100.00%   0            0.00%    0           176,644,910 
-----  ------------------------  ------------  --------  -----------  -------  ----------  ------------ 
        Re-elect Ian 
 06      Dew                      176,644,910   100.00%   0            0.00%    0           176,644,910 
-----  ------------------------  ------------  --------  -----------  -------  ----------  ------------ 
        Re-elect Ronnie 
 07      George                   176,644,910   100.00%   0            0.00%    0           176,644,910 
-----  ------------------------  ------------  --------  -----------  -------  ----------  ------------ 
        Re-elect Paul 
 08      Hollingworth             176,644,910   100.00%   0            0.00%    0           176,644,910 
-----  ------------------------  ------------  --------  -----------  -------  ----------  ------------ 
        Re-elect Tony 
 09      Reading                  176,644,910   100.00%   0            0.00%    0           176,644,910 
-----  ------------------------  ------------  --------  -----------  -------  ----------  ------------ 
        Elect Claire 
 10      Tiney                    176,644,910   100.00%   0            0.00%    0           176,644,910 
-----  ------------------------  ------------  --------  -----------  -------  ----------  ------------ 
 11     Re-appoint auditor        175,232,414   99.20%    1,412,496    0.80%    0           176,644,910 
-----  ------------------------  ------------  --------  -----------  -------  ----------  ------------ 
        Remuneration 
 12      of auditor               176,644,910   100.00%   0            0.00%    0           176,644,910 
-----  ------------------------  ------------  --------  -----------  -------  ----------  ------------ 
        Authority to 
         incur political 
 13      donations                162,624,363   92.81%    12,605,051   7.19%    1,415,496   176,644,910 
-----  ------------------------  ------------  --------  -----------  -------  ----------  ------------ 
        Authority to 
 14      allot shares             165,952,584   93.95%    10,692,326   6.05%    0           176,644,910 
-----  ------------------------  ------------  --------  -----------  -------  ----------  ------------ 
        Authority to 
 15      disapply pre-emption 
  (3)    rights                   162,074,277   91.75%    14,570,633   8.25%    0           176,644,910 
-----  ------------------------  ------------  --------  -----------  -------  ----------  ------------ 
        Authority to 
 16      purchase ordinary 
  (3)    shares                   175,232,414   99.20%    1,412,496    0.80%    0           176,644,910 
-----  ------------------------  ------------  --------  -----------  -------  ----------  ------------ 
        Authority to 
         call a general 
         meeting on 14 
 17      clear days' 
  (3)    notice                   169,843,113   96.15%    6,801,767    3.85%    0           176,644,910 
-----  ------------------------  ------------  --------  -----------  -------  ----------  ------------ 
 

Notes:

1. Any proxy appointments giving discretion to the Chairman of the Meeting have been included in the "For" totals above.

2. A vote "Withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" a resolution.

   3.   Indicates Special Resolutions requiring a 75% majority to be passed. 

4. The Company's total ordinary shares in issue as at 9 December 2016, was 200,000,000 ordinary shares of 1 pence each, of which 916,878 ordinary shares are held as Treasury Shares. Therefore the total voting rights are 199,083,122 ordinary shares (ordinary shareholders are entitled to one vote per ordinary share held).

5. The proxy votes received, including votes withheld, amount to 88.73% of the total voting rights.

In accordance with UK Listing Rule 9.6.2 copies of all the resolutions passed other than resolutions concerning ordinary business have been submitted to the UK Listing Authority via the National Storage Mechanism and will shortly be available for inspection at www.Hemscott.com/nsm.do.

The Notice of Annual General Meeting 2016 together with the Annual Report and Accounts 2016 can be found on the Company's website at:

http://www.volutiongroupplc.com/investors/reports-results-and-presentations

- ends -

Enquiries:

Volution Group plc

   Michael Anscombe, Company Secretary                               [phone] 

Notes to Editors:

Volution Group plc (LSE: FAN) is a leading supplier of ventilation products to the residential and commercial construction markets in the UK and northern Europe.

The Group sold approximately 22 million ventilation products and accessories in the twelve months ended 31 July 2016. The Volution Group operates through two divisions: the Ventilation Group and the OEM (Torin-Sifan) division. The Ventilation Group consists of 11 key brands - Vent-Axia, Manrose, Diffusion, National Ventilation, Airtech, Fresh, PAX, Welair, inVENTer, Brüggemann and Ventilair, focused primarily on the UK, Nordic and central European ventilation markets. The Ventilation Group principally supplies ventilation products for residential and commercial ventilation applications. The OEM (Torin-Sifan) division, supplies motors, fans and blowers to OEMs of heating and ventilation products for both residential and commercial construction applications in Europe.

For more information, please go to: http://www.volutiongroupplc.com/

This information is provided by RNS

The company news service from the London Stock Exchange

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December 09, 2016 11:29 ET (16:29 GMT)