LUCECO PLC — AGM Information 2018

Jun 19, 2018

National Storage Mechanism | Additional information

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RNS Number : 9067R

Luceco PLC

19 June 2018

Luceco plc

(the "Company")

19 June 2018

Annual General Meeting ("AGM") Results

The Company announces that at its Annual General Meeting held earlier today all the resolutions set out in the Notice of Annual General Meeting were passed by the requisite majority. Each of the resolutions put to the AGM was voted on by way of a poll. The results of the poll for each resolution were as follows:

Resolution * indicates Special Resolution	For (No. of shares)	For (%)	Against (No. of shares)	Against (%)	Votes Withheld (No. of shares)	Total issued. share capital instructed (%)
1. To receive the Annual Report and Accounts.	92,520,227	82.16%	20,084,792	17.84%	1,090,722
2.  To approve the Directors' Remuneration Report.	113,230,035	99.59%	465,706	0.41%	0
3. To elect Matt Webb as a Director.	113,675,713	99.99%	7,500	0.01%	12,529
4. To re-appoint KPMG LLP as auditor of the Company.	86,395,151	77.63%	24,900,960	22.37%	2,399,631
5.  To authorise the Audit Committee to determine the auditors' remuneration.	113,678,568	99.99%	16,769	0.01%	404
6.  To authorise the Company to make political donations.	109,961,137	97.37%	2,965,429	2.63%	769,174
7. To authorise the Directors to allot ordinary shares.	111,837,469	98.65%	1,526,670	1.35%	331,603
8.  To disapply pre-emption rights.*	111,076,810	97.99%	2,281,611	2.01%	337,321
9. To disapply pre-emption rights for financing an acquisition.*	110,632,186	97.60%	2,726,234	2.40%	337,321
10. To authorise the Company to purchase its own ordinary shares.*	112,895,811	99.59%	466,923	0.41%	333,007
11. To authorise the Directors to hold general meetings on not less than 14 clear days' notice.*	113,049,920	99.43%	644,014	0.57%	1,808

*Special Resolution

In relation to today's AGM, the Board recognises that there has been a number of votes cast against Resolution 4 (re-appointment of the external auditors). 

The Board takes the views of shareholders seriously and will consult with them over the coming months to ensure their views regarding the re-appointment of the external auditors are considered in detail. 

The Board would like to reiterate its commitment to maintaining the highest governance standards, supported by a robust external audit.

NOTES:
1.	All resolutions were passed.
2.	Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.
3.	Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.
4.	A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution nor in the calculation of the proportion of "Total issued share capital instructed" for any resolution.
5.	The number of shares in issue at close of business on 15 June 2018 was 160,800,000 (the "Share Capital") and at that time, the Company did not hold any shares in treasury.
6.	The proportion of "Total issued share capital instructed" for any resolution is the total of votes validly cast for that resolution (i.e. the total votes "For" and "Against" that resolution) expressed as a percentage of the Share Capital.
7.	The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.lucecoplc.com
8.	A copy of resolutions 7 - 11 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at www.morningstar.co.uk/uk/NSM
9.	The complete poll results will be available shortly on the Company's website at www.lucecoplc.com
For further information please contact:
Luceco plc John Hornby, Chief Executive Officer Matt Webb, Chief Financial Officer		via MHP Communications 020 3128 8100
MHP Communications Tim Rowntree James White Ollie Hoare Rossina Garcia		020 3128 8100
Numis Securities Stuart Skinner Oliver Hardy Toby Adcock		020 7260 1000

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