Volution Group plc Result of AGM (4337I)

TIDMFAN

RNS Number : 4337I

Volution Group plc

11 December 2020

Friday 11 December 2020

Volution Group plc

Results of Annual General Meeting

Volution Group plc ("Volution", the "Group" or the "Company", LSE: FAN), a leading international designer and manufacturer of energy efficient indoor air quality solutions, announces that all resolutions put to the Annual General Meeting held at 12:00 noon on 11 December 2020 were duly passed on a poll. The results of the poll, incorporating the proxy votes lodged in advance of the meeting, are set out below.

 
 Resolution                          FOR (1)                 AGAINST              WITHHELD    % OF TOTAL 
                                                                                   (2)         VOTES 
                                                                                               IN FAVOUR 
                                     Number        % of      Number      % of     Number 
                                      of votes      votes     of votes    votes    of votes 
                                                    cast                  cast 
                                    ------------  --------  ----------  -------  ---------- 
        Annual Report and 
 01      Accounts                    159,042,490   99.99%    20,252      0.01%    1,369,998   99.99% 
       ---------------------------  ------------  --------  ----------  -------  ----------  ----------- 
        Directors' Remuneration 
 02      Policy                      153,487,928   95.68%    6,932,898   4.32%    11,914      95.68% 
       ---------------------------  ------------  --------  ----------  -------  ----------  ----------- 
        Directors' Remuneration 
 03      Report                      159,576,014   99.47%    844,813     0.53%    11,914      99.47% 
       ---------------------------  ------------  --------  ----------  -------  ----------  ----------- 
 04     Re-elect Paul Hollingworth   158,022,646   99.35%    1,033,356   0.65%    1,376,738   99.35% 
       ---------------------------  ------------  --------  ----------  -------  ----------  ----------- 
 05     Re-elect Ronnie George       160,425,855   100.00%   146         0.00%    6,740       100.00% 
       ---------------------------  ------------  --------  ----------  -------  ----------  ----------- 
 06     Re-elect Amanda Mellor       160,045,899   99.76%    380,102     0.24%    6,740       99.76% 
       ---------------------------  ------------  --------  ----------  -------  ----------  ----------- 
 07     Re-elect Andy O'Brien        160,425,855   100.00%   146         0.00%    6,740       100.00% 
       ---------------------------  ------------  --------  ----------  -------  ----------  ----------- 
        Re-elect Tony Reading, 
 08      MBE                         160,045,899   99.76%    380,102     0.24%    6,740       99.76% 
       ---------------------------  ------------  --------  ----------  -------  ----------  ----------- 
 09     Re-elect Claire Tiney        160,040,899   99.76%    381,028     0.24%    10,814      99.76% 
       ---------------------------  ------------  --------  ----------  -------  ----------  ----------- 
 10     Elect Nigel Lingwood         160,425,855   100.00%   146         0.00%    6,740       100.00% 
       ---------------------------  ------------  --------  ----------  -------  ----------  ----------- 
 11     Re-appoint auditor           159,061,294   100.00%   523         0.00%    1,370,924   100.00% 
       ---------------------------  ------------  --------  ----------  -------  ----------  ----------- 
 12     Remuneration of auditor      160,431,669   100.00%   146         0.00%    926         100.00% 
       ---------------------------  ------------  --------  ----------  -------  ----------  ----------- 
        Authority to incur 
 13      political donations         152,807,025   95.25%    7,625,716   4.75%    0           95.25% 
       ---------------------------  ------------  --------  ----------  -------  ----------  ----------- 
        Authority to allot 
 14      shares                      153,889,317   95.92%    6,542,498   4.08%    926         95.92% 
       ---------------------------  ------------  --------  ----------  -------  ----------  ----------- 
 15     Authority to disapply 
  (3)    pre-emption rights          160,425,455   100.00%   6,360       0.00%    926         100.00% 
       ---------------------------  ------------  --------  ----------  -------  ----------  ----------- 
        Authority to call 
         a general meeting 
 16      on 14 clear days' 
  (3)    notice                      157,801,761   98.36%    2,630,980   1.64%    0           98.36% 
       ---------------------------  ------------  --------  ----------  -------  ----------  ----------- 
 

Notes:

1. Any proxy appointments giving discretion to the Chairman of the Meeting have been included in the "For" totals above.

2. A vote "Withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" a resolution.

   3.   Indicates Special Resolutions requiring a 75% majority to be passed. 

4. The Company's total ordinary shares in issue as at 11 December 2020, was 200,000,000 ordinary shares of 1 pence each, of which 2,118,840 ordinary shares are held as Treasury Shares. Therefore the total voting rights are 197,881,160 ordinary shares (ordinary shareholders are entitled to one vote per ordinary share held).

5. The proxy votes received, including votes withheld, amount to 81.08% of the total voting rights.

In accordance with Listing Rule 9.6.2, copies of the resolutions passed (other than those concerning ordinary business) will shortly be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

The Notice of Annual General Meeting 2020 together with the Annual Report and Accounts 2020 can be found on the Company's website at: www.volutiongroupplc.com

- ends -

Enquiries:

Volution Group plc

   Michael Anscombe, Company Secretary                               [phone] 

Legal Entity Identifier: 213800EPT84EQCDHO768

Notes to Editors:

Volution Group plc (LSE: FAN) is a leading international designer and manufacturer of energy efficient indoor air quality solutions. Volution Group comprises 16 key brands across three regions:

UK: Vent-Axia, Manrose, Diffusion, National Ventilation, Airtech, Breathing Buildings, Torin-Sifan.

Continental Europe: Fresh, PAX, VoltAir, Kair, Air Connection, inVENTer, Ventilair.

Australasia: Simx, Ventair.

For more information, please go to: www.volutiongroupplc.com

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December 11, 2020 09:32 ET (14:32 GMT)