Victorian Plumbing Group plc Result of 2023 Annual General Meeting (6922R)

TIDMVIC

RNS Number : 6922R

Victorian Plumbing Group plc

02 March 2023

2 March 2023

Victorian Plumbing Group plc

("Victorian Plumbing" or the "Company")

Result of 2023 Annual General Meeting

("AGM")

Victorian Plumbing Group plc (AIM: VIC), the UK's leading online specialist bathroom retailer, announces that all of the resolutions set out in the Notice of AGM were passed by the requisite majority at the Company's AGM, held earlier today.

Details of the poll votes received for each resolution are as follows:

 
 Resolution                                               For                      Against                Withheld 
                                                          No. of votes   %         No. of votes   %       No. of votes 
                                                         -------------  --------  -------------  ------  ------------- 
 1. To receive and adopt the Company's annual accounts 
  for the financial year ended 30 September 
  2022.                                                   302,063,841    100.00%   0              0.00%   50 
                                                         -------------  --------                 ------ 
 2. To re-appoint Ernst & Young LLP as the Company's 
  auditor.                                                301,976,279    100.00%   6,562          0.00%   81,050 
                                                         -------------  --------                 ------ 
 3. To authorise the directors to determine the 
  remuneration of the Company's auditors.                 301,980,934    100.00%   1,907          0.00%   81,050 
                                                         -------------  --------                 ------ 
 4. To declare a final dividend of 1.1 pence per 
  ordinary share for the year ended 30 September 
  2022.                                                   302,054,971    100.00%   8,870          0.00%   50 
                                                         -------------  --------                 ------ 
 5. To declare a special dividend of 1.7 pence per 
  ordinary share.                                         302,054,971    100.00%   8,870          0.00%   50 
                                                         -------------  --------                 ------ 
 6. To re-elect as a director Philip Bowcock.             267,653,075    97.98%    5,527,484      2.02%   28,883,332 
                                                         -------------  --------                 ------ 
 7. To re-elect as a director Mark Radcliffe.             302,060,591    100.00%   2,250          0.00%   1,050 
                                                         -------------  --------                 ------ 
 8. To re-elect as a director Paul Meehan.                301,981,939    100.00%   902            0.00%   81,050 
                                                         -------------  --------                 ------ 
 9. To re-elect as a director Damian Sanders.             299,755,357    99.26%    2,227,484      0.74%   81,050 
                                                         -------------  --------                 ------ 
 10. To elect Dianne Walker as a director of the 
  Company.                                                299,755,622    99.26%    2,227,219      0.74%   81,050 
                                                         -------------  --------                 ------ 
 11. To authorise the directors to exercise all powers 
  of the Company to allot Relevant Securities.            301,958,940    99.97%    99,901         0.03%   5,050 
                                                         -------------  --------                 ------ 
 12. To authorise the directors to disapply pre-emption 
  rights.*                                                301,931,395    99.96%    126,446        0.04%   6,050 
                                                         -------------  --------                 ------ 
 13. To authorise the directors to disapply additional 
  pre-emption rights.*                                    301,929,782    99.96%    126,711        0.04%   7,398 
                                                         -------------  --------                 ------ 
 14. To authorise the directors to make market 
  purchases.*                                             301,976,132    99.97%    87,709         0.03%   50 
                                                         -------------  --------                 ------ 
 

*Special resolution

Notes:

 
 1.   Proxy appointments which gave discretion to the Chairman 
       of the AGM have been included in "For" total for the appropriate 
       resolution. 
 2.   Votes "For" and "Against" any resolution are expressed 
       as a percentage of votes validly cast for that resolution. 
 3.   A "Vote withheld" is not a vote in law and is not counted 
       in the calculation of the percentage of shares voted "For" 
       or "Against". 
 4.   The number of shares in issue on 2 March was 325,227,984 
       with no shares in treasury. 
 5.   The full text of the resolutions passed at the AGM can 
       be found in the Notice of Annual General Meeting which 
       is available on the Company's website at https://www.victorianplumbingplc.com/investors/ 
       . 
 

-ENDS-

For further information, please contact:

 
 Victorian Plumbing Group plc                                         via FTI Consulting 
  Mark Radcliffe, Chief Executive Officer                                    [phone] 
  Paul Meehan, Chief Financial Officer                                              1000 
  Daniel Barton, Director of Finance and Company 
  Secretary 
 
 FTI Consulting (Financial PR)                                               [phone] 
  Alex Beagley                                                                      1000 
  Eleanor Purdon                                     [e-mail] 
  Harriet Jackson 
  Amy Goldup 
 Houlihan Lokey UK Ltd (Nominated Adviser)                                   [phone] 
  Sam Fuller, Tim Richardson                                                        4040 
 
 Barclays Bank PLC (Joint Broker)                                            [phone] 
  Nicola Tennent, Stuart Muress                                                     2323 
 
 Numis Securities Limited (Joint Broker)                                     [phone] 
  Luke Bordewich, Oliver Steele                                                     1000 
 
 

About Victorian Plumbing Group

Victorian Plumbing is the UK's leading online specialist bathroom retailer, offering a wide range of over 32,000 products to B2C and trade customers. Victorian Plumbing offers its customers a one-stop shop solution for the entire bathroom with more than 125 own and third-party brands across a wide spectrum of price points.

The Group's product design and supply chain strengths are complemented by its creative and brand-focused marketing strategy, which predominantly focuses on online channels to drive significant and growing traffic to its website.

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

RAGEAEDAESEDEFA

(END) Dow Jones Newswires

March 02, 2023 05:51 ET (10:51 GMT)