LUCECO PLC — AGM Information 2020

Jun 4, 2020

National Storage Mechanism | Additional information

RNS Number : 0210P

Luceco PLC

04 June 2020

Luceco plc

(the "Company")

4 June 2020

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	123,369,913	99.99	11,865	0.01	425,000		76.73%
2. To approve the Directors' Remuneration Report	123,364,708	99.99	15,666	0.01	426,404		76.73%
3.  To approve the Directors' Remuneration Policy	113,292,183	91.51	10,509,986	8.49	4,609		76.99%
4. To re-elect Giles Brand as a Director	119,949,511	96.89	3,855,438	3.11	1,829		76.99%
5. To re-elect Caroline Brown as a Director	113,596,664	91.75	10,208,429	8.25	1,686		76.99%
6. To re-elect John Hornby as a Director	123,799,524	100.00	5,426	0.00	1,829		76.99%
7.  To re-elect Will Hoy as a Director	123,799,524	100.00	5,426	0.00	1,829		76.99%
8. To re-elect Tim Surridge      as a Director	123,368,084	99.65	436,865	0.35	1,829		76.99%
9. To re-elect Matt Webb      as a Director	123,352,416	99.63	452,534	0.37	1,829		76.99%
10.         To re-appoint KPMG LLP as Auditor of the Company	123,374,263	100.00	5,426	0.00	427,090		76.73%
11.         To authorise the Audit Committee to determine the Auditor's remuneration	123,799,263	100.00	5,426	0.00	2,090		76.99%
12.         To authorise the Company to make political donations	122,365,058	99.18	1,014,630	0.82	427,090		76.73%
13. To authorise the Directors to allot ordinary shares	123,674,199	99.89	130,347	0.11	2,233		76.99%
14.         To authorise the issue of equity without pre-emption rights*	123,799,120	100.00	5,426	0.00	2,233		76.99%
15. To authorise the issue of equity without pre-emption rights in connection with an acquisition or capital investment*	123,367,680	99.65	436,865	0.35	2,233		76.99%
16. To authorise the Company to purchase its own ordinary shares.*	123,359,759	99.64	446,615	0.36	404		76.99%
17.         To authorise the Directors to call general meetings on not less than 14 clear days' notice.*	123,650,826	99.87	155,953	0.13	0		76.99%

*Special Resolution

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, whose votes accounted for 83,531,291 of votes received (44,064,372 shares, 9,466,919 shares and 30,000,000 shares respectively). Each resolution to re-elect independent non-executive directors (resolutions 5, 7 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 2 June 2020 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 https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
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 8572
MHP Communications Tim Rowntree James Bavister		020 3128 8572

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