LUCECO PLC — AGM Information 2019

May 24, 2019

National Storage Mechanism | Additional information

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RNS Number : 1836A

Luceco PLC

24 May 2019

Luceco plc

(the "Company")

24 May 2019

Annual General Meeting ("AGM") Results

The Company announces that at its AGM held earlier today, all of the resolutions set out in the Notice of AGM were passed by the requisite majority. Each of the resolutions put to the AGM were voted on by way of a poll. The results of the poll for each resolution are 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	99,166,162	100.00	2,000	0.00	0		61.67
2. To declare the final dividend payment	99,168,162	100.00	0	0.00	0		61.67
3.  To approve the Directors' Remuneration Report	98,739,615	100.00	2,000	0.00	426,547		61.41
4. To re-elect John Barton as a Director	99,160,019	100.00	0	0.00	8,143		61.67
5. To re-elect Giles Brand as a Director	98,724,241	99.56	435,778	0.44	8,143		61.67
6. To re-elect Caroline Brown as a Director	98,521,076	99.35	640,943	0.65	6,143		61.67
7. To re-elect John Hornby as a Director	99,149,241	100.00	0	0.00	18,921		61.66
8. To re-elect Tim Surridge      as a Director	99,151,241	100.00	0	0.00	16,921		61.66
9. To re-elect Matt Webb      as a Director	99,149,241	99.99	10,778	0.01	8,143		61.67
10. To re-appoint KPMG LLP as Auditor of the Company	98,723,352	99.98	19,406	0.02	425,404		61.41
11. To authorise the Audit Committee to determine the Auditor's remuneration	99,154,980	100.00	0	0.00	13,182		61.66
12.  To authorise the Company to make political donations	97,139,098	98.39	1,592,882	1.61	436,182		61.40
13. To authorise the Directors to allot ordinary shares	99,156,837	100.00	143	0.00	11,182		61.66
14. To authorise the issue of equity without pre-emption rights*	99,156,837	100.00	143	0.00	11,182		61.66
15. To authorise the issue of equity without pre-emption rights in connection with an acquisition or capital investment*	98,729,837	99.57	427,143	0.43	11,182		61.66
16. To authorise the Company to purchase its own ordinary shares.*	98,732,384	99.57	425,000	0.43	10,778		61.67
17.  To authorise the Directors to call general meetings on not less than 14 clear days' notice.*	98,537,997	99.36	630,165	0.64	0		61.67

For the purposes of the FCA Listing Rules, the Luceco plc Concert Party (being EPIC Investments LLP, Giles Brand and John Hornby) is a controlling shareholder as a result of it holding 85,927,925 shares (44,064,372 shares, 9,466,919 shares and 32,396,634 shares respectively). Each resolution to re-elect independent non-executive directors (resolutions 4, 6 and 8) have under Listing Rule 9.2.2E been approved by a majority of the votes cast by: (i) the shareholders of the Company as a whole; and (ii) the independent shareholders of the Company, that is, all the shareholders entitled to vote on each resolution excluding the controlling shareholder.

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 22 May 2019 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 13-17 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 8574
MHP Communications Tim Rowntree Ollie Hoare Guy Featherstone		020 3128 8574
Numis Securities Stuart Skinner Huw Jeremy Toby Adcock		020 7260 1000

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