Thruvision Group PLC AGM Statement (5492B)

TIDMTHRU

RNS Number : 5492B

Thruvision Group PLC

21 September 2018

21 September 2018

Thruvision Group plc

("Thruvision" or the "Group")

Result of Annual General Meeting

Thruvision (AIM: THRU) the specialist provider of people-screening technology to the international security market, announces that following the Annual General Meeting ("AGM") of shareholders held earlier today at the offices of Osborne Clarke LLP, One London Wall, London EC2Y 5EB, all resolutions were duly passed by the requisite majority. The number of proxies received in respect of each resolution were as follows:

 
       Resolution                 Total votes     %     Total votes     %     Total votes       Votes 
                                      for                 against                 cast         withheld 
----  -------------------------  ------------  ------  ------------  ------  ------------    ---------- 
       Receipt of directors 
 1.     and auditors report       89,118,648     100        nil        nil    89,118,648        4,670 
----  -------------------------  ------------  ------  ------------  ------  ------------    ---------- 
       Approval of remuneration 
 2.     report                    59,383,596    66.63   29,738,303    33.37   89,121,899        1,419 
----  -------------------------  ------------  ------  ------------  ------  ------------    ---------- 
       Re-election of 
 3.     Paul Taylor               89,107,927    99.98     15,391      0.02    89,123,318         nil 
----  -------------------------  ------------  ------  ------------  ------  ------------    ---------- 
       Election of Ian 
 4.     Lindsay                   89,117,927    99.99      5,391      0.01    89,123,318         nil 
----  -------------------------  ------------  ------  ------------  ------  ------------    ---------- 
       Appointment of 
 5.     Auditors                  89,117,927    99.99      5,319      0.01    89,123,318         nil 
----  -------------------------  ------------  ------  ------------  ------  ------------    ---------- 
       Authority for 
        Directors to set 
 6.     Auditors remuneration     89,118,648    99.99      4,670      0.01    89,123,318         nil 
----  -------------------------  ------------  ------  ------------  ------  ------------    ---------- 
       Rule amendment 
 7.     to the LTIP               89,102,608    99.98     15,391      0.02    89,117,999        5,319 
----  -------------------------  ------------  ------  ------------  ------  ------------    ---------- 
       Authority for 
        Directors to allot 
 8.     equity securities         89,077,579    99.95     40,420      0.05    89,117,999        5,319 
----  -------------------------  ------------  ------  ------------  ------  ------------    ---------- 
       Authority for 
        Directors to allot 
        equity securities 
        for cash on a 
        non-premptive 
 9.     basis                     89,057,849    99.93     65,469      0.07    89,123,318         nil 
----  -------------------------  ------------  ------  ------------  ------  ------------    ---------- 
       Authority for 
        Directors to allot 
        equity securities 
        for cash in respect 
        of an acquisition 
        or other capital 
 10.    project.                  89,057,849    99.93     65,469      0.07    89,123,318         nil 
----  -------------------------  ------------  ------  ------------  ------  ------------    ---------- 
       Authority for 
        the Company to 
        make market purchases 
        of its own Ordinary 
 11.    Shares                    89,077,579    99.95     40,420      0.05    89,117,999        5,319 
----  -------------------------  ------------  ------  ------------  ------  ------------    ---------- 
 
 

Notes

1. Any proxy appointments which gave discretion to the Chairman have been included in the 'Total votes for' total.

2. A 'Vote Withheld' is not a valid vote in law and was not counted in the calculation of the proportion of the votes 'for' or 'Against' a resolution.

The Board has noted that in excess of 33% of proxy votes received voted against the approval of the Remuneration Report. The Board continues to engage closely with shareholders, and it is the intention of the Chairman to discuss this matter, and any other shareholder concerns, with major shareholders on the investor roadshow following the announcement of interim results in December 2018. In addition, the Chairman of the Remuneration committee is always available to discuss any remuneration concerns that any shareholder may have.

For further information please contact:

Thruvision Group plc [phone]

Tom Black, Executive Chairman

Colin Evans, Managing Director

Investec Bank plc [phone]

Andrew Pinder / Sebastian Lawrence / Patrick Robb

FTI Consulting LLP [phone]

Edward Bridges / Matt Dixon / Harry Staight

About Thruvision

Thruvision Group plc is a specialist provider of people-screening technology that can detect weapons, explosives and contraband hidden under clothing. Developed with extensive support from the British and US Governments, Thruvision technology is operationally proven and is being used to enhance the security of transport hubs, borders, high profile buildings and public areas.

www.thruvision.com

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September 21, 2018 05:21 ET (09:21 GMT)