Vesuvius plc Result of AGM (9292Z)

TIDMVSVS

RNS Number : 9292Z

Vesuvius plc

18 May 2023

18 May 2023

Vesuvius plc - Result of Annual General Meeting 2023 ("AGM")

Vesuvius plc ("the Company") confirms that, at its AGM held today, each of the resolutions set out in the Notice of Meeting to Shareholders dated 31 March 2023 were passed by the Shareholders. A poll was conducted on each resolution at the meeting and the results, certified by the scrutineer Equiniti Limited, were as follows:

 
      RESOLUTIONS          FOR                       AGAINST               TOTAL 
                           No. of           % of     No. of       % of     No. of           % of          Votes 
                            votes cast(1)    votes    votes        votes    votes cast(3)    Issued        withheld(3) 
                                             cast     cast         cast                      Share 
                                                                                             Capital(2) 
     -------------------  ---------------  -------  -----------  -------  ---------------  ------------  ------------- 
      Receipt of 
       Annual Report 
 1     and Accounts         241,418,274     100.00     8,963       0.00     241,427,237       89.02%        750,926 
     -------------------  ---------------  -------  -----------  -------  ---------------  ------------  ------------- 
      Declaration 
       of Final 
 2     Dividend             242,174,125     100.00     2,529       0.00     242,176,654       89.29%         1,509 
     -------------------  ---------------  -------  -----------  -------  ---------------  ------------  ------------- 
      Approval 
       of Directors' 
       Remuneration 
 3     Policy               234,279,589     96.74    7,890,060     3.26     242,169,649       89.29%         8,514 
     -------------------  ---------------  -------  -----------  -------  ---------------  ------------  ------------- 
      Approval 
       of Directors' 
       Remuneration 
 4     Report               196,827,568     82.20    42,633,878   17.80     239,461,446       88.29%       2,716,717 
     -------------------  ---------------  -------  -----------  -------  ---------------  ------------  ------------- 
      Election 
       of Carla 
 5     Bailo                240,070,334     99.13    2,097,100     0.87     242,167,434       89.29%         10,729 
     -------------------  ---------------  -------  -----------  -------  ---------------  ------------  ------------- 
      Election 
 6     of Mark Collis       239,879,089     99.06    2,288,345     0.94     242,167,434       89.29%         10,729 
     -------------------  ---------------  -------  -----------  -------  ---------------  ------------  ------------- 
      Election 
       of Carl-Peter 
 7     Forster              223,871,840     92.45    18,295,594    7.55     242,167,434       89.29%         10,729 
     -------------------  ---------------  -------  -----------  -------  ---------------  ------------  ------------- 
      Re-election 
       of Patrick 
 8     Andr é          241,256,428     99.62     911,006      0.38     242,167,434       89.29%         10,729 
     -------------------  ---------------  -------  -----------  -------  ---------------  ------------  ------------- 
      Re-election 
 9     of Kath Durrant      239,762,595     99.01    2,404,838     0.99     242,167,433       89.29%         10,730 
     -------------------  ---------------  -------  -----------  -------  ---------------  ------------  ------------- 
      Re-election 
       of Dinggui 
 10    Gao                  239,912,903     99.07    2,254,525     0.93     242,167,428       89.29%         10,735 
     -------------------  ---------------  -------  -----------  -------  ---------------  ------------  ------------- 
      Re-election 
       of Friederike 
 11    Helfer               237,496,764     98.07    4,670,664     1.93     242,167,428       89.29%         10,735 
     -------------------  ---------------  -------  -----------  -------  ---------------  ------------  ------------- 
      Re-election 
       of Douglas 
 12    Hurt                 237,429,851     98.04    4,737,583     1.96     242,167,434       89.29%         10,729 
     -------------------  ---------------  -------  -----------  -------  ---------------  ------------  ------------- 
      Reappointment 
 13    of Auditor           241,477,641     99.71     698,165      0.29     242,175,806       89.29%         2,357 
     -------------------  ---------------  -------  -----------  -------  ---------------  ------------  ------------- 
      Remuneration 
 14    of Auditor           242,162,992     100.00     2,704       0.00     242,165,696       89.29%         12,467 
     -------------------  ---------------  -------  -----------  -------  ---------------  ------------  ------------- 
      Authority 
       to incur 
       political 
 15    expenditure          238,945,911     98.67    3,225,353     1.33     242,171,264       89.29%         6,899 
     -------------------  ---------------  -------  -----------  -------  ---------------  ------------  ------------- 
      Authority 
       to allot 
 16    shares               235,133,306     97.10    7,034,461     2.90     242,167,767       89.29%         10,396 
     -------------------  ---------------  -------  -----------  -------  ---------------  ------------  ------------- 
      Special 
       Resolution: 
       Authority 
       to 
       dis-apply 
       pre-emption 
 17    Rights               239,622,705     98.95    2,549,465     1.05     242,172,170       89.29%         5,993 
     -------------------  ---------------  -------  -----------  -------  ---------------  ------------  ------------- 
      Special 
      Resolution: 
      Additional 
      authority 
      to disapply 
      pre-emption 
      rights only 
      in connection 
      with an 
      acquisition 
      or specified 
 18   investment            239,402,935     98.86    2,764,235     1.14     242,167,170       89.29%         10,993 
     -------------------  ---------------  -------  -----------  -------  ---------------  ------------  ------------- 
      Special 
       Resolution: 
       Authority 
       to purchase 
 19    own shares           241,512,927     99.74     627,442      0.26     242,140,369       89.28%         37,794 
     -------------------  ---------------  -------  -----------  -------  ---------------  ------------  ------------- 
      Special 
       Resolution: 
       Authority 
       to call a 
       general meeting 
       on 14 clear 
 20    days' notice         239,904,401     99.06    2,265,303     0.94     242,169,704       89.29%         8,459 
     -------------------  ---------------  -------  -----------  -------  ---------------  ------------  ------------- 
      Ordinary 
       Resolution: 
       Approval 
       of the amendment 
       to the rules 
       of the Vesuvius 
 21    Share Plan           239,700,095     98.98    2,461,542     1.02     242,161,637       89.29%         16,526 
     -------------------  ---------------  -------  -----------  -------  ---------------  ------------  ------------- 
 

Notes:

1. Any proxy appointments which gave discretion to the Chairman of the Meeting have been included in the "for" total.

2. The total number of shares in issue is 278,485,071 of which 7,271,174 shares are held as Treasury shares. Therefore, the total number of voting rights in the Company is 271,213,897.

3. A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "for" and "against" a resolution.

   4.    All percentages are shown to two decimal places. 

This information will also shortly be available to view on the Company's website at: www.vesuvius.com.

A copy of Resolution 21 and the rules of the Vesuvius Share Plan will be submitted to the National Storage Mechanism in accordance with Listing Rule 9.6.2. and will be available to view at

https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For further information, please contact:

 
 Henry Knowles, General Counsel and Company 
  Secretary                                    [phone] 
 Rachel Stevens, Group Head of Investor 
  Relations                                    [phone] 
 

About Vesuvius plc

Vesuvius is a global leader in molten metal flow engineering and technology principally serving process industries operating in challenging high temperature conditions.

We develop innovative and customised solutions, often used in extremely demanding industrial environments, which enable our customers to make their manufacturing processes safer, more efficient and more sustainable. These include flow control solutions, advanced refractories and other consumable products and increasingly, related technical services including data capture.

We have a worldwide presence. We serve our customers through a network of cost-efficient manufacturing plants located close to their own facilities, and embed our industry experts within their operations, who are all supported by our global technology centres.

Our core competitive strengths are our market and technology leadership, strong customer relationships, well established presence in developing markets and our global reach, all of which facilitate the expansion of our addressable markets.

Our ultimate goal is to create value for our customers, and to deliver sustainable, profitable growth for our shareholders giving a superior return on their investment whilst providing each of our employees with a safe workplace where they are recognised, developed and properly rewarded.

We think beyond today to create solutions that will shape the future.

Vesuvius plc, 165 Fleet Street, London EC4A 2AE

Registered in England and Wales No. 8217766

LEI: 213800ORZ521W585SY02

www.vesuvius.com

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