TIDMACL

RNS Number : 2704F

Acal PLC

26 July 2016

26 July 2016

Acal plc

Results of Annual General Meeting

Acal plc (LSE: ACL, "Acal" or "The Group"), one of the leading international suppliers of customised electronics to industry, announces that, at the Annual General Meeting held earlier today, all resolutions were carried on a show of hands. The following levels of proxy votes were received.

 
      Resolution                           For       Against    Chairman's     Withheld 
                                                                Discretion 
 
      Receipt and Adoption 
       of 
 1     Financial Statements         52,017,352             0        44,244          698 
 
      Approval of Final 
 2     Dividend                     52,018,050             0        44,244            0 
 
      Approval of Directors' 
 3     Remuneration Report          49,470,155       719,983        44,244    1,827,912 
 
 4    Election of T Graham          52,018,050             0        44,244            0 
 
 5    Election of M Diamond         51,829,018       189,032        44,244            0 
 
 6    Re-election of R Brooman      52,018,050             0        44,244            0 
 
      Re-election of H Marsh 
 7                                  52,018,050             0        44,244            0 
       Re-election of R Moon 
  8                                 49,516,549       691,501        44,244    1,810,000 
       Re-appointment of 
  9    Auditor                      51,996,263        21,787        44,244            0 
 
      Authority to fix Auditor's 
 10    Remuneration                 52,017,050         1,000        44,244            0 
 
      Authority to Allot 
 11    Shares                       51,476,635        39,415        44,244      502,000 
 
      Additional Authority 
       to Allot Shares 
 12    (rights issue)               52,004,970        13,080        44,244            0 
 
      Authority to Disapply 
       Statutory 
 13    Pre-Emption Rights           51,969,815        46,044        44,244        2,191 
 
      Additional Authority 
       to Disapply Statutory 
       Pre-Emption Rights 
       (acquisition or specified 
 14    capital investment)          51,972,513        45,346        44,244          191 
 
      Additional Authority 
 15    to Allot Shares              51,939,855        76,004        44,244        2,191 
 
      Authority to Purchase 
       Company's 
 16    Own Shares                   44,619,266        35,284        44,244    7,363,500 
 
      Notice of General 
 17    Meetings                     46,819,596     5,198,454        44,244            0

As at today's date Acal plc has 64,247,330 ordinary shares in issue.

A copy of the resolutions approved by Shareholders will be placed on the National Storage Mechanism.

G P Shillinglaw

Group Company Secretary

For further information please contact:

Acal plc

   Nick Jefferies      -   Group Chief Executive

01483 544500

   Simon Gibbins     -   Group Finance Director 
   Gary Shillinglaw   -   Group Company Secretary

Instinctif Partners

Helen Tarbet 0207 457 2020

James Gray

 
 
 
   Notes to Editors: 
 
   About Acal plc

Acal is a leading supplier of customised electronics to industry. It designs, manufactures and distributes customer-specific electronic products and solutions to 25,000 industrial manufacturers and is listed on the London Stock Exchange (LSE: ACL).

Acal has two divisions: Design & Manufacturing and custom distribution. The majority of its sales comes from products and solutions which are created specifically for a customer. Acal works across a range of technologies, namely Communications & Sensors, Power & Magnetics, Electromechanical & Shielding, Embedded Systems and Photonics & Imaging.

Acal operates through the following wholly-owned businesses: Acal BFi, Contour, Flux, Foss, Hectronic, MTC, Myrra, Noratel, Plitron, RSG, Stortech and Vertec. It has operating companies and manufacturing facilities in a number of markets, including the UK, Germany, France, the Nordic region, Benelux, Italy, Poland, Slovakia and Spain, as well as in Asia (China, India, South Korea, Sri Lanka and Thailand), North America (the US and Canada) and South Africa.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 26, 2016 07:13 ET (11:13 GMT)