Safestyle UK PLC Result of AGM (2737Z)

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RNS Number : 2737Z

Safestyle UK PLC

16 May 2019

16 May 2019

Safestyle UK PLC

("Safestyle" or the "Group")

Result of AGM

Safestyle UK plc, the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market, announces that at the Annual General Meeting held earlier today, all resolutions were duly passed.

 
            Resolution                      For                Against         Withheld      Total 
                                                                                              votes 
                                                                                              cast 
                                     Number of      %       Number       %      Number 
                                        votes              of votes             of votes 
                                    -----------  ------  -----------  ------  ----------  ----------- 
       Ordinary resolution 
        to receive the Company's 
        annual accounts for 
        the financial year 
        ended 31 December 
 1.     2018.                        63,075,119    100        0          0        637      63,075,119 
      ----------------------------  -----------  ------  -----------  ------  ----------  ----------- 
       Ordinary resolution 
        to obtain shareholder 
        approval for the 
        directors' remuneration 
        report in respect 
        of the year ended 
 2.     31 December 2018.            50,529,483   80.11   12,545,636   19.89      637      63,075,119 
      ----------------------------  -----------  ------  -----------  ------  ----------  ----------- 
       Ordinary resolution 
        to not fill the vacancy 
        created by the retirement 
 3..    of Christopher Davies.       63,075,119    100        0          0        637      63,075,119 
      ----------------------------  -----------  ------  -----------  ------  ----------  ----------- 
       Ordinary resolution 
        to re-elect Michael 
        Gallacher as a director 
 4.     of the Company.              63,075,119    100        0          0        637      63,075,119 
      ----------------------------  -----------  ------  -----------  ------  ----------  ----------- 
       Ordinary resolution 
        to re-elect Alan 
        Lovell as a director 
 5.     of the Company.              61,952,477   98.22   1,121,922    1.78      1,357     63,074,399 
      ----------------------------  -----------  ------  -----------  ------  ----------  ----------- 
       Ordinary resolution 
        to re-elect Robert 
        Neale as a director 
 6.     of the Company.              63,071,893    100        0          0       3,863     63,071,893 
      ----------------------------  -----------  ------  -----------  ------  ----------  ----------- 
       Ordinary resolution 
        to re-elect Julia 
        Porter as a director 
 7.     of the Company.              60,272,047   95.56   2,799,846    4.44      3,863     63,071,893 
      ----------------------------  -----------  ------  -----------  ------  ----------  ----------- 
       Ordinary resolution 
        to re-elect Fiona 
        Goldsmith as a director 
 8.     of the Company.              63,071,893    100        0          0       3,863     63,071,893 
      ----------------------------  -----------  ------  -----------  ------  ----------  ----------- 
       Ordinary resolution 
        to re-appoint KPMG 
        LLP as the Company's 
        auditors to hold 
        office from the conclusion 
        of this meeting until 
        the conclusion of 
        the next meeting 
        and, in accordance 
 9.     with normal practice.        63,073,638   99.99     1,481      0.01       637      63,075,756 
      ----------------------------  -----------  ------  -----------  ------  ----------  ----------- 
       Ordinary resolution 
        to authorise the 
        directors to determine 
        the remuneration 
 10.    of the auditors.             63,075,119    100        0          0        637      63,075,756 
      ----------------------------  -----------  ------  -----------  ------  ----------  ----------- 
       Ordinary resolution 
        to approve the directors 
        to allot ordinary 
        shares in the Company 
        (and to grant rights 
        to subscribe for, 
        or to convert any 
        security into, ordinary 
        shares in the Company) 
        up to an aggregate 
        nominal amount of 
        GBP276,029.65 and 
        in connection with 
        a rights issue only 
        up to a further aggregate 
        nominal amount of 
 11.    GBP276,029.65.               63,071,893    100        0          0       3,863     63,071,893 
      ----------------------------  -----------  ------  -----------  ------  ----------  ----------- 
       Ordinary resolution 
        to allow the Company 
        to hold any shares 
        in the capital of 
        the Company that 
        it purchases pursuant 
        to resolution 14 
 12.    as treasury shares.          63,075,119    100        0          0        637      63,075,119 
      ----------------------------  -----------  ------  -----------  ------  ----------  ----------- 
       Special resolution 
        to enable the directors 
        to allot, grant options 
        over or otherwise 
        dispose of equity 
        securities for cash 
        or sell treasury 
        shares for cash up 
        to a maximum aggregate 
        nominal amount of 
        GBP552,059.31 as 
        if pre-emption rights 
        did not apply to 
 13.    such allotment.              63,071,893    100        0          0       3,863     63,071,893 
      ----------------------------  -----------  ------  -----------  ------  ----------  ----------- 
       Special resolution 
        to allow the Company 
        to purchase up to 
        8,280,890 ordinary 
        shares in the market 
        (which represents 
        approximately 10 
        per cent of the issued 
        ordinary share capital 
        of the Company as 
        at Thursday 4 April 
 14.    2019.)                       63,072,613    100        0          0       3,143     63,072,613 
      ----------------------------  -----------  ------  -----------  ------  ----------  ----------- 
 

Enquiries:

 
 Safestyle UK plc                              via FTI Consulting 
  Mike Gallacher, Chief Executive Officer 
  Rob Neale, Chief Financial Officer 
 Zeus Capital (Nominated Adviser & Joint       Tel: [phone] 
  Broker) 
  Dan Bate / Andrew Jones / Dominic King 
 Liberum Capital Limited (Joint Broker)        Tel: [phone] 
  Neil Patel / Jamie Richards 
 FTI Consulting (Financial PR)                 Tel: [phone] 
  Alex Beagley / James Styles / Laura Saraby 
 

About Safestyle UK plc

The Group is the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market. For more information please visit www.safestyleukplc.co.uk or www.safestyle-windows.co.uk.

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May 16, 2019 05:54 ET (09:54 GMT)