Headlam Group PLC Result of AGM (6846A)

TIDMHEAD

RNS Number : 6846A

Headlam Group PLC

25 May 2023

25 May 2023

Headlam Group plc

('Headlam' or the 'Company')

2023 Annual General Meeting ('AGM') Poll Results

The Board of Headlam is pleased to announce that all the resolutions put to its shareholders at the AGM held earlier today were duly passed by the requisite majorities on a poll.

In accordance with Listing Rule 9.6.2, copies of the special business resolutions (16, 17, 18, and 19) passed at the AGM will be submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

The results of the poll for each resolution are shown below:

 
                   Resolution                           Votes For (including                    Votes Against                 Votes                  Total Votes Cast 
                                                        discretionary votes)                                                 Withheld                 (excluding Votes 
                                                                                                                                                         Withheld) 
                                                    No. of            % of votes            No. of            % of             No.              No. of               % of 
                                                     Votes               cast                Votes            votes         of Shares            Votes              Issued 
                                                                                                              cast                                                   Share 
                                                                                                                                                                  Capital(**) 
            -----------------------------  -----------------  --------------------  ----------------  -------------  ----------------  -----------------  ------------------- 
                   Receive the Annual 
                   Report 
       1.          and Accounts                   65,194,836             99.99               1,090            0.01             953            65,195,926            80.72 
            -----------------------------  -----------------  --------------------  ----------------  -------------  ----------------  -----------------  ------------------- 
                   Approve the 
                   Remuneration 
       2.          Policy                         57,419,745             90.72             5,873,173          9.28          1,903,961         63,292,918            78.36 
            -----------------------------  -----------------  --------------------  ----------------  -------------  ----------------  -----------------  ------------------- 
                   Approve the 
                   Remuneration 
       3.          Report                         62,593,843             99.22              492,960           0.78          2,110,076         63,086,803            78.11 
            -----------------------------  -----------------  --------------------  ----------------  -------------  ----------------  -----------------  ------------------- 
                   Declare the final 
                   ordinary 
       4.          dividend                       64,984,045             99.99               3,270            0.01           209,564          64,987,315            80.46 
            -----------------------------  -----------------  --------------------  ----------------  -------------  ----------------  -----------------  ------------------- 
       5.          Elect Jemima Bird              64,985,775             99.99               1,090            0.01           210,014          64,986,865            80.46 
            -----------------------------  -----------------  --------------------  ----------------  -------------  ----------------  -----------------  ------------------- 
       6.          Elect Karen Hubbard            64,986,225             99.99               1,090            0.01           209,564          64,987,315            80.46 
            -----------------------------  -----------------  --------------------  ----------------  -------------  ----------------  -----------------  ------------------- 
       7.          Elect Robin Williams           64,028,074             98.52              959,241           1.48           209,564          64,987,315            80.46 
            -----------------------------  -----------------  --------------------  ----------------  -------------  ----------------  -----------------  ------------------- 
       8.          Re-elect Chris Payne           64,114,682             98.66              872,633           1.34           209,564          64,987,315            80.46 
            -----------------------------  -----------------  --------------------  ----------------  -------------  ----------------  -----------------  ------------------- 
       9.          Re-elect Keith Edelman         61,115,487             94.04             3,871,377          5.96           210,015          64,986,864            80.46 
            -----------------------------  -----------------  --------------------  ----------------  -------------  ----------------  -----------------  ------------------- 
       10.         Re-elect Stephen Bird          63,570,559             97.82             1,416,756          2.18           209,564          64,987,315            80.46 
            -----------------------------  -----------------  --------------------  ----------------  -------------  ----------------  -----------------  ------------------- 
                   Re-appoint 
                   PricewaterhouseCoopers 
       11.         LLP as the Auditor             65,042,895             99.76              153,377           0.24             607            65,196,272            80.72 
            -----------------------------  -----------------  --------------------  ----------------  -------------  ----------------  -----------------  ------------------- 
                   Authorise the 
                   Directors 
                   to determine Auditor's 
       12.         remuneration                   65,191,782             99.99               4,490            0.01             607            65,196,272            80.72 
            -----------------------------  -----------------  --------------------  ----------------  -------------  ----------------  -----------------  ------------------- 
                   Authorise allotment of 
       13.          shares                        63,064,955             97.05             1,919,835          2.95           212,089          64,984,790            80.46 
            -----------------------------  -----------------  --------------------  ----------------  -------------  ----------------  -----------------  ------------------- 
                   Approve the Headlam 
                   Management 
       14.         Incentive Plan                 63,824,375             97.91             1,364,079          2.09            8,425           65,188,454            80.71 
            -----------------------------  -----------------  --------------------  ----------------  -------------  ----------------  -----------------  ------------------- 
                   Approve amendment to 
                   the Headlam 2017 
                   Performance 
       15.         Share Plan                     63,956,037             98.10             1,237,810          1.90            3,032           65,193,847            80.72 
            -----------------------------  -----------------  --------------------  ----------------  -------------  ----------------  -----------------  ------------------- 
                   Disapply pre-emption 
                    rights* 
       16.          (General)                     57,725,473             88.83             7,258,867         11.17           212,539          64,984,340            80.46 
            -----------------------------  -----------------  --------------------  ----------------  -------------  ----------------  -----------------  ------------------- 
                   Disapply pre-emption 
                   rights* 
                   (Acquisition or 
                   Capital 
       17.         Investment)                    57,725,473             88.54             7,468,274         11.46            3,132           65,193,747            80.72 
            -----------------------------  -----------------  --------------------  ----------------  -------------  ----------------  -----------------  ------------------- 
                   Authorise purchase of 
       18.          own shares*                   65,039,768             99.76              154,429           0.24            2,943           65,055,197            80.55 
            -----------------------------  -----------------  --------------------  ----------------  -------------  ----------------  -----------------  ------------------- 
                   Call general meetings 
       19.          on 14 days' notice*           59,936,025             91.93             5,260,247          8.07             607            65,196,272            80.72 
            -----------------------------  -----------------  --------------------  ----------------  -------------  ----------------  -----------------  ------------------- 
 

* Indicates a special resolution requiring a 75% majority of votes cast

** Excludes treasury shares

Notes:

1 A vote 'Withheld' is not a vote in law and is not counted in the calculation of the proportion of votes 'For' or 'Against' a resolution, the total votes validly cast or the calculation of the proportion of issued share capital voted.

2 As at the voting record date, Headlam had 85,639,209 ordinary shares in issue, of which 80,761,694 held voting rights.

   3   To calculate the proxy votes as a percentage of shares in issue, treasury shares were excluded. 

4 Adam Phillips joined the Board of Directors as Chief Financial Officer with effect from 20 March 2023. Due to the technical requirements of Headlam's Articles of Association, Adam was required to vacate his statutory director position at the conclusion of the 2023 Annual General Meeting. He was formally re-elected as a statutory director by the board of directors following the 2023 Annual General Meeting, and will be required to retire from office and apply for re-election at the 2024 Annual General Meeting. Adam does not hold any shares in Headlam, and there is no further information required to be disclosed pursuant to Listing Rule 9.6.13R.

 
 Enquiries: 
   Headlam Group plc                        Tel: [phone] 
   Chris Payne, Chief Executive             Email: [e-mail] 
   Adam Phillips, Chief Financial 
    Officer 
   Catherine Miles, Director of IR 
    and ESG 
   Panmure Gordon (UK) Limited (Corporate   Tel: [phone] 
    Broker) 
   Tom Scrivens / Atholl Tweedie 
   Peel Hunt LLP (Corporate Broker)         Tel: [phone] 
   George Sellar / John Welch 
 

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May 25, 2023 07:08 ET (11:08 GMT)