Volex PLC Result of AGM (2426H)

TIDMVLX

RNS Number : 2426H

Volex PLC

30 July 2019

30 July 2019

Volex plc

("Volex" or the "Company")

Voting Results for 2019 Annual General Meeting ("AGM")

Volex, the global supplier of complex assemblies for performance critical applications and power products, is pleased to announce the results of its AGM today, at which all resolutions were duly passed. Votes were cast as follows:

 
 Resolution                                      Votes   Votes Against   Votes Withheld* 
                                                   For 
 1. To receive the audited 
  accounts of the Company for 
  the financial year ended 
  31 March 2019                            107,625,460          16,545                61 
                                              (99.98%) 
                                          ------------  --------------  ---------------- 
 2. To approve the Directors' 
  Remuneration Report                      107,614,692          26,063             1,311 
                                              (99.98%) 
                                          ------------  --------------  ---------------- 
 3. To approve the new Volex 
  plc Long Term Incentive Plan             107,618,646          22,109             1,311 
                                              (99.98%) 
                                          ------------  --------------  ---------------- 
 4. To re-elect Nathaniel 
  Rothschild as a Director 
  of the Company                           102,410,255       1,818,640         3,413,171 
                                              (98.26%) 
                                          ------------  --------------  ---------------- 
 5. To re-elect Adrian Chamberlain 
  as a Director of the Company             107,622,661          19,344                61 
                                              (99.98%) 
                                          ------------  --------------  ---------------- 
 6. To elect Jeffrey Jackson 
  as a Director of the Company             107,623,188          18,817                61 
                                              (99.98%) 
                                          ------------  --------------  ---------------- 
 7. To reappoint PricewaterhouseCoopers 
  LLP as auditors of the Company           107,624,033          16,722             1,311 
                                              (99.98%) 
                                          ------------  --------------  ---------------- 
 8. To authorise the Directors 
  of the Company to determine 
  the auditors' remuneration               107,625,460          16,545                61 
                                              (99.98%) 
                                          ------------  --------------  ---------------- 
 9. To authorise the Directors 
  to allot shares in the Company 
  pursuant to section 551 of 
  the Companies Act 2006                   107,623,188          18,817                61 
                                              (99.98%) 
                                          ------------  --------------  ---------------- 
 10. To allow the Directors 
  to allot equity securities 
  under the authority conferred 
  by Resolution 9 as if section 
  561 of the 2006 Act did not 
  apply                                     99,526,011       8,115,994                61 
                                              (92.46%) 
                                          ------------  --------------  ---------------- 
 11. To allow the Directors, 
  in addition to any authority 
  granted under Resolution 
  10, to allot equity securities 
  as if section 561 of the 
  2006 Act did not apply                   106,770,146         870,609             1,311 
                                              (99.19%) 
                                          ------------  --------------  ---------------- 
 12. To authorise the Company 
  to make purchases of its 
  own shares, further to section 
  701 of the 2006 Act                      107,640,578             177             1,311 
                                                (100%) 
                                          ------------  --------------  ---------------- 
 

*A vote withheld is not treated as a vote in law and is not counted in the calculation of the proportion of the votes cast for or against a resolution.

The total number of Volex shares in issue on Friday 26 July 2019 was 147,367,933.

The full text of each of the resolutions is set out in the notice of AGM, copies of which are available on the Volex website (www.volex.com).

Enquiries

For further information please contact:

Volex plc [phone]

Nat Rothschild, Executive Chairman

Daren Morris, Chief Financial Officer and Company Secretary

N+1 Singer - Nominated Adviser & Joint Broker [phone]

Shaun Dobson

Whitman Howard - Joint Broker [phone]

Hugh Rich

Nick Lovering

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.

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July 30, 2019 09:55 ET (13:55 GMT)