IDE Group Holdings PLC Result of AGM (8437J)

TIDMIDE

RNS Number : 8437J

IDE Group Holdings PLC

22 August 2019

IDE Group Holdings Plc

("IDE" or the "Company")

Result of Annual General Meeting

IDE, the mid-market network, cloud and IT Managed Services provider, announces that at the Annual General Meeting of the Company held yesterday, all resolutions put to shareholders were duly passed.

The results of the votes are set out below:

 
                                    FOR*                    AGAINST 
                         -------------------------  ----------------------- 
                                        % of votes               % of votes 
 RESOLUTIONS                 Votes       cast          Votes      cast         Abstain 
                         ------------  -----------  ----------  -----------  ---------- 
 Ordinary Resolution 
  1 
                         ------------  -----------  ----------  -----------  ---------- 
 To receive the 
  financial statements 
  for the year 
  ended 31 December 
  2018 together 
  with Directors' 
  Reports and the 
  Auditors' Report        223,985,406     99.38%     1,400,000     0.62%          0 
                         ------------  -----------  ----------  -----------  ---------- 
 Ordinary Resolution 
  2 
                         ------------  -----------  ----------  -----------  ---------- 
 To approve the 
  Remuneration 
  Report                  225,294,680     99.97%      63,722       0.03%       27,004 
                         ------------  -----------  ----------  -----------  ---------- 
 Ordinary Resolution 
  3 
                         ------------  -----------  ----------  -----------  ---------- 
 To elect Andrew 
  George Parker 
  as a director 
  of the Company          223,891,926    100.00%        191        0.00%      1,493,289 
                         ------------  -----------  ----------  -----------  ---------- 
 Ordinary Resolution 
  4 
                         ------------  -----------  ----------  -----------  ---------- 
 To elect Matthew 
  Max Edward ("Max") 
  Royde as a director 
  of the Company          223,891,926     99.38%     1,400,191     0.62%       93,289 
                         ------------  -----------  ----------  -----------  ---------- 
 Ordinary Resolution 
  5 
                         ------------  -----------  ----------  -----------  ---------- 
 To re-elect Ian 
  Smith as a director 
  of the Company          223,949,922    100.00%       1,391       0.00%      1,434,093 
                         ------------  -----------  ----------  -----------  ---------- 
 Ordinary Resolution 
  6 
 To re-appoint 
  BDO LLP as auditors 
  and to authorise 
  the directors 
  to fix their 
  remuneration            225,385,215    100.00%        191        0.00%          0 
 Ordinary Resolution 
  7 
                         ------------  -----------  ----------  -----------  ---------- 
 To authorise 
  the directors 
  to allot shares         224,948,206     99.83%      387,400      0.17%       49,800 
                         ------------  -----------  ----------  -----------  ---------- 
 Special Resolution 
  8 
                         ------------  -----------  ----------  -----------  ---------- 
 To authorise 
  the directors 
  to dis-apply 
  pre-emption rights, 
  as set out in 
  the notice of 
  meeting                 224,923,880     99.83%      387,591      0.17%       73,935 
                         ------------  -----------  ----------  -----------  ---------- 
 
 *Votes received for the resolutions includes votes allowing 
  the Chairman's discretion. 
 

For more information, contact:

 
 IDE Group Holdings Plc                      Tel: +44 (0)344 
  Andy Parker, Executive Chairman             874 1000 
 finnCap Limited                             Tel: [phone] 
  Nominated Adviser and Broker                0500 
  Corporate finance: Jonny Franklin-Adams/ 
  Scott Mathieson/ Hannah Boros 
  ECM: Tim Redfern/ Richard Chambers 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

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August 22, 2019 02:00 ET (06:00 GMT)