Thruvision Group PLC — AGM Information 2018

Sep 21, 2018

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RNS Number : 5492B

Thruvision Group PLC

21 September 2018

21 September 2018

Thruvision Group plc

("Thruvision" or the "Group")

Result of Annual General Meeting

Thruvision (AIM: THRU) the specialist provider of people-screening technology to the international security market, announces that following the Annual General Meeting ("AGM") of shareholders held earlier today at the offices of Osborne Clarke LLP, One London Wall, London EC2Y 5EB, all resolutions were duly passed by the requisite majority. The number of proxies received in respect of each resolution were as follows:

	Resolution	Total votes for	%	Total votes against	%	Total votes cast		Votes withheld
1.	Receipt of directors and auditors report	89,118,648	100	nil	nil	89,118,648		4,670
2.	Approval of remuneration report	59,383,596	66.63	29,738,303	33.37	89,121,899		1,419
3.	Re-election of Paul Taylor	89,107,927	99.98	15,391	0.02	89,123,318		nil
4.	Election of Ian Lindsay	89,117,927	99.99	5,391	0.01	89,123,318		nil
5.	Appointment of Auditors	89,117,927	99.99	5,319	0.01	89,123,318		nil
6.	Authority for Directors to set Auditors remuneration	89,118,648	99.99	4,670	0.01	89,123,318		nil
7.	Rule amendment to the LTIP	89,102,608	99.98	15,391	0.02	89,117,999		5,319
8.	Authority for Directors to allot equity securities	89,077,579	99.95	40,420	0.05	89,117,999		5,319
9.	Authority for Directors to allot equity securities for cash on a non-premptive basis	89,057,849	99.93	65,469	0.07	89,123,318		nil
10.	Authority for Directors to allot equity securities for cash in respect of an acquisition or other capital project.	89,057,849	99.93	65,469	0.07	89,123,318		nil
11.	Authority for the Company to make market purchases of its own Ordinary Shares	89,077,579	99.95	40,420	0.05	89,117,999		5,319

Notes

1.     Any proxy appointments which gave discretion to the Chairman have been included in the 'Total votes for' total.

2.     A 'Vote Withheld' is not a valid vote in law and was not counted in the calculation of the proportion of the votes 'for' or 'Against' a resolution. 

The Board has noted that in excess of 33% of proxy votes received voted against the approval of the Remuneration Report. The Board continues to engage closely with shareholders, and it is the intention of the Chairman to discuss this matter, and any other shareholder concerns, with major shareholders on the investor roadshow following the announcement of interim results in December 2018. In addition, the Chairman of the Remuneration committee is always available to discuss any remuneration concerns that any shareholder may have.

For further information please contact:

Thruvision Group plc                                                              +44 (0)1235 436180

Tom Black, Executive Chairman

Colin Evans, Managing Director

Investec Bank plc                                                                   +44 (0)20 7597 5970

Andrew Pinder / Sebastian Lawrence / Patrick Robb

FTI Consulting LLP                                                                   +44 (0)20 3727 1000

Edward Bridges / Matt Dixon / Harry Staight

About Thruvision

Thruvision Group plc is a specialist provider of people-screening technology that can detect weapons, explosives and contraband hidden under clothing. Developed with extensive support from the British and US Governments, Thruvision technology is operationally proven and is being used to enhance the security of transport hubs, borders, high profile buildings and public areas.

www.thruvision.com 

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