Xpediator PLC Result of AGM (4416B)

TIDMXPD

RNS Number : 4416B

Xpediator PLC

06 June 2019

6 June 2019

XPEDIATOR PLC

("Xpediator" or the "Company" or the "Group")

Result of AGM

Xpediator, (AIM: XPD), a leading provider of freight management services across the UK and Europe, announces, that resolutions 1 to 4 and 6 to 12 proposed at its Annual General Meeting held on 6 June 2019 were passed. Resolution 5 was withdrawn and Resolution 11 was held on a poll. The proxies received in respect of resolutions 1 to 10 and 12 and in respect of the poll on Resolution 11 were as follows:

 
 No.   ORDINARY RESOLUTIONS                 FOR        AGAINST    VOTES WITHELD 
       To receive and adopt the 
        annual accounts of the 
        Company for the financial 
        year ended 31 December 
 1.     2018.                            14,741,176      Nil           Nil 
      --------------------------------  -----------  ----------  -------------- 
       To approve the directors 
        remuneration report for 
        the financial year ended 
 2.     31 December 2018.                12,260,757   2,474,229       6,190 
      --------------------------------  -----------  ----------  -------------- 
       To re-appoint Stephen Blyth 
 3.     as a director of the Company.    14,740,176     1,000          Nil 
      --------------------------------  -----------  ----------  -------------- 
       To re-appoint Alex Borrelli 
 4.     as a director of the Company.    12,266,947   2,474,229        Nil 
      --------------------------------  -----------  ----------  -------------- 
       To re-appoint Geoffrey 
        Gillo as a director of 
 5.     the Company.                     12,266,947   2,474,229        Nil 
      --------------------------------  -----------  ----------  -------------- 
       To re-appoint Stuart Howard 
 6.     as a director of the Company.    14,740,176     1,000          Nil 
      --------------------------------  -----------  ----------  -------------- 
       To re-appoint Robert Riddleston 
 7.     as a director of the Company.    14,740,176     1,000          Nil 
      --------------------------------  -----------  ----------  -------------- 
       To re-appoint BDO LLP as 
 8.     auditors of the Company.         14,739,592     1,584          Nil 
      --------------------------------  -----------  ----------  -------------- 
       To declare a final dividend 
        of 0.84 pence per ordinary 
        share in respect of the 
        financial year ended 31 
 9.     December 2018.                   14,741,176      Nil           Nil 
      --------------------------------  -----------  ----------  -------------- 
       To generally authorise 
        the directors to allot 
        shares in the capital of 
 10.    the Company.                     14,735,876     5,300          Nil 
      --------------------------------  -----------  ----------  -------------- 
       SPECIAL RESOLUTIONS 
----  --------------------------------  -----------  ----------  -------------- 
       To dis-apply the statutory 
        pre-emption rights in respect 
        of the allotment of shares 
        pursuant to the authority 
        referred to in Resolution 
 11.    10 above.                        79,917,466   7,291,001      34,913 
      --------------------------------  -----------  ----------  -------------- 
       To generally authorise 
        the Company to make market 
 12.    purchases of its own shares.     14,734,076     7,000          100 
      --------------------------------  -----------  ----------  -------------- 
 

Enquiries

 
 Xpediator plc                                         Tel: [phone] 
                                                        2395 
 Stephen Blyth, Chief Executive Officer                Email: [e-mail] 
 Stuart Howard, Chief Financial Officer 
 
 SP Angel Corporate Finance LLP (Nominated Advisor     Tel: [phone] 
  & Joint Broker)                                       0470 
 Jeff Keating 
 Caroline Rowe 
 
 Cantor Fitzgerald Europe (Joint Broker)               Tel: [phone] 
                                                        7000 
 David Foreman, Michael Boot (Corporate Finance) 
 Caspar Shand Kydd (Sales) 
 
 Novella Communications (Financial Public Relations)   Tel: [phone] 
                                                        7008 
 Tim Robertson 
 Fergus Young 
 

About Xpediator:

Xpediator is a well-established international provider of freight management services. Established in 1988 by Stephen Blyth, the Group's international network of offices provides road, sea and air freight services, together with logistics and warehousing in the UK and Romania. The business offers integrated freight management within the supply chain logistics and fulfilment sector, through its three main areas: freight forwarding, logistics & warehousing and transport services. With headquarters in Braintree, Essex and country offices in nine CEE countries across 38 sites, the Group currently employs 938 people and was successfully listed on London's AIM market in August 2017.

For more information, please visit: www.xpediator.com.

Alternatively, do follow us on Twitter at @Xpediator or find us on LinkedIn at Xpediator Plc.

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June 06, 2019 11:50 ET (15:50 GMT)