Stewart & Wight PLC Result of Meeting (9047U)

TIDMSTE

RNS Number : 9047U

Stewart & Wight PLC

17 July 2018

STEWART & WIGHT PLC

845 FINCHLEY ROAD, LONDON NW11 8NA

TEL: [phone] FAX: [phone]

ANNOUNCEMENT

17 July 2018

Results of the General Meeting held on 17 July 2018

Stewart & Wight plc ("The Company") announces that at its General Meeting, which was held at 11am on 17 July 2018, all the proposed resolutions were duly approved by the shareholders by way of a poll.

Accordingly, the results below show the voting by all shareholders holding 1,428,512 ordinary shares.

 
                                         In favour          Against 
               RESOLUTION              Votes      %age    Votes   %age   WITHHELD 
    ------------------------------  -----------  ------  ------  -----  --------- 
      THAT the Company 
       be authorised, for 
       the purpose of section 
       701 of the Companies 
       Act 2006 (the "Act"), 
       to make market purchase(s) 
       (within the meaning 
       of section 693(4) 
       of the Act) (whether 
       through a single 
       purchase or a series 
       of purchases) of 
       up to 335,812 of 
       the Company's ordinary 
       GBP0.05 shares (the 
       "Shares") for a price 
       of GBP5.90 per Share, 
       which shall be both 
       the minimum and maximum 
       price for the 
       purpose of section 
       701 of the Act, such 
       authority to expire 
       on the earlier of 
       the date of the next 
       annual general meeting 
       of the Company or 
       17 October 2019, 
       save that the Company 
       may, prior to the 
       expiry of 
       this authority, make 
       a contract or contracts 
       to purchase Shares 
       under this authority 
       which will or may 
       be completed or executed 
       wholly or partly 
       after such expiry 
       and may make a purchase 
       of Shares pursuant 
       to any such contract 
       or contracts as if 
       the authority conferred 
 1     hereby had not expired.        1,428,512     100       0      0          0 
    ------------------------------  -----------  ------  ------  -----  --------- 
      THAT the cancellation 
       of the admission 
       of the Company's 
       Shares to the Official 
       List of the United 
       Kingdom Listing Authority 
       and to trading on 
       the Main Market of 
       the London Stock 
       Exchange in accordance 
       with the 
       Listing Rules (the 
 2     "Delisting") be authorised.    1,428,512    100%       0      0          0 
    ------------------------------  -----------  ------  ------  -----  --------- 
 
 

-2-

In respect of the second resolution the proxy votes received in favour of the resolution from non-majority shareholders totalled 185,115 with none against and none withheld

Notes:

   A.   The votes in favour include those votes giving the Chairman discretion. 

B. A vote withheld is not a vote in law and is not counted in the votes for or against a resolution.

C. At 13 July 2018, the issued share capital of the Company was 1,568,209 GBP0.05 ordinary shares.

The voting results as set out above are also available on the Company's website at

www.Stewartandwightplc.co.uk

In accordance with Listing Rule 9.6.2, copies of resolutions will be submitted to the National Storage Mechanism and will be available for viewing at www.morningstar.co.uk/uk/nsm.

The proxy figures for the resolutions will also displayed on the Company's corporate website

David Cramer

Director

17 July 2018

Registered office as above. Registered in England No. 57142

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July 17, 2018 07:07 ET (11:07 GMT)