Volution Group plc Results of AGM (7440J)

TIDMFAN

RNS Number : 7440J

Volution Group plc

14 December 2022

Wednesday 14 December 2022

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 14 December 2022 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 
                                                                                (2)         TOTAL 
                                                                                            VOTES 
                                                                                            IN FAVOUR 
                                  Number        % of     Number       % of     Number 
                                   of votes      votes    of votes     votes    of votes 
                                                 cast                  cast 
                                 ------------  -------  -----------  -------  ---------- 
        Annual Report 
 01      and Accounts             172,190,144   100.00   298          0.00     119,948     100.00 
       ------------------------  ------------  -------  -----------  -------  ----------  ----------- 
        Directors' Remuneration 
 02      Report                   168,128,881   98.27    2,963,830    1.73     1,217,679   98.27 
       ------------------------  ------------  -------  -----------  -------  ----------  ----------- 
 03     Final dividend            172,310,230   100.00   160          0.00     0           100.00 
       ------------------------  ------------  -------  -----------  -------  ----------  ----------- 
        Re-elect Paul 
 04      Hollingworth             169,797,706   98.54    2,512,684    1.46     0           98.54 
       ------------------------  ------------  -------  -----------  -------  ----------  ----------- 
        Re-elect Ronnie 
 05      George                   172,247,832   99.96    62,558       0.04     0           99.96 
       ------------------------  ------------  -------  -----------  -------  ----------  ----------- 
        Re-elect Andy 
 06      O'Brien                  172,175,236   99.92    135,154      0.08     0           99.92 
       ------------------------  ------------  -------  -----------  -------  ----------  ----------- 
        Re-elect Nigel 
 07      Lingwood                 170,091,970   98.71    2,218,420    1.29     0           98.71 
       ------------------------  ------------  -------  -----------  -------  ----------  ----------- 
        Re-elect Amanda 
 08      Mellor                   170,091,970   98.71    2,218,420    1.29     0           98.71 
       ------------------------  ------------  -------  -----------  -------  ----------  ----------- 
        Re-elect Claire 
 09      Tiney                    168,978,904   98.70    2,218,420    1.30     1,113,066   98.70 
       ------------------------  ------------  -------  -----------  -------  ----------  ----------- 
        Elect Margaret 
 10      Amos                     172,247,832   99.96    62,558       0.04     0           99.96 
       ------------------------  ------------  -------  -----------  -------  ----------  ----------- 
 11     Re-appoint auditor        171,678,091   99.63    631,949      0.37     350         99.63 
       ------------------------  ------------  -------  -----------  -------  ----------  ----------- 
        Remuneration 
 12      of auditor               172,306,424   100.00   3,616        0.00     350         100.00 
       ------------------------  ------------  -------  -----------  -------  ----------  ----------- 
        Authority to 
         make political 
 13      donations                167,062,701   96.96    5,244,189    3.04     3,500       96.96 
       ------------------------  ------------  -------  -----------  -------  ----------  ----------- 
        Authority to 
 14      allot shares             157,047,023   91.14    15,263,367   8.86     0           91.14 
       ------------------------  ------------  -------  -----------  -------  ----------  ----------- 
        Authority to 
 15      disapply pre-emption 
  (3)    rights                   169,519,329   98.38    2,791,061    1.62     0           98.38 
       ------------------------  ------------  -------  -----------  -------  ----------  ----------- 
        Authority to 
         make market 
 16      purchase of 
  (3)    own shares               171,668,118   99.63    631,132      0.37     11,140      99.63 
       ------------------------  ------------  -------  -----------  -------  ----------  ----------- 
        Authority to 
         call a general 
         meeting on 14 
 17      clear days' 
  (3)    notice                   157,779,272   91.57    14,531,118   8.43     0           91.57 
       ------------------------  ------------  -------  -----------  -------  ----------  ----------- 
 

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 14 December 2022, was 200,000,000 ordinary shares of 1 pence each, of which 2,372,976 ordinary shares are held as Treasury Shares. Therefore, the total voting rights are 197,627,024 ordinary shares (ordinary shareholders are entitled to one vote per ordinary share held).

5. The proxy votes received, including votes withheld, amount to 87.19% of the total voting rights.

   6.   Percentages are rounded to two decimal places. 

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 2022 together with the Annual Report and Accounts 2022 can be found on the Company's website at: www.volutiongroupplc.com

- ends -

Enquiries:

Volution Group plc

Fiona Smith, Company Secretary

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 19 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, Rtek, inVENTer, Ventilair, ClimaRad, ERI Corporation.

Australasia: Simx, Ventair, Manrose.

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

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December 14, 2022 11:05 ET (16:05 GMT)