Vesuvius PLC — AGM Information 2013

Jun 4, 2013

4 June 2013

Vesuvius plc - Result of Annual General Meeting ("AGM")

Vesuvius plc ("the Company") confirms that at its first AGM today, each of the resolutions set out in the Notice of Meeting to Shareholders dated 22 April 2013, was passed by Shareholders.

A poll was conducted on each resolution at the meeting and the results, certified by the scrutineer, Equiniti Limited, were as follows:

	RESOLUTIONS	FOR		AGAINST		TOTAL
		No. of votes cast 1	$\sqrt[9]{\circ}$ of votes cast	No. of votes cast	$%$ of votes cast	No. of votes cast	$%$ of Issued Share Capital 2	Votes withheld 3
$\mathbf{1}$	Receipt of Annual Report and Accounts	217,355,940	98.80	2,630,774	1.20	219,986,714	78.99%	159,660
$\overline{2}$	Declaration of Final Dividend	220, 143, 452	100.00	$\mathbf{1}$	0.00	220, 143, 453	79.05%	2,921
$\overline{3}$	Approval of Directors' Remuneration Report	212,883,589	96.71	7,246,669	3.29	220,130,258	79.05%	16,116
4	Election of N Connors	217,811,214	98.94	2,326,580	1.06	220,137,794	79.05%	8,580
5	Election of C Gardell	218,160,461	99.10	1,977,531	0.90	220,137,992	79.05%	8,382
6	Election of J Hewitt	217,799,735	98.94	2,337,765	1.06	220,137,500	79.05%	8,874
$\overline{7}$	Election of J Hinkley	217,802,257	98.94	2,335,710	1.06	220,137,967	79.05%	8,407
8	Election of J McDonough	216,794,794	99.48	1,134,615	0.52	217,929,409	78.26%	2,216,965
$\overline{9}$	Election of C O'Shea	219,370,452	99.65	767,475	0.35	220,137,927	79.05%	8,447
10	Election of F Wanecq	219,368,675	99.65	769,285	0.35	220,137,960	79.05%	8,414
11	Re-appointment of Auditor	215,298,811	98.79	2,635,121	1.21	217,933,932	78.26%	2,212,442
$\overline{12}$	Remuneration of Auditor	217,714,330	98.90	2,427,698	$\overline{1}$ .10	220,142,028	79.05%	4,346
13	Authority to Allot Shares	210,595,665	95.67	9,540,660	4.33	220, 136, 325	79.05%	10,049
14	Special Resolution: Authority to Disapply Pre- emption Rights	220,072,982	99.97	63,343	0.03	220, 136, 325	79.05%	10,049
15	Special Resolution: Authority to Purchase Own Shares	220, 125, 462	99.99	17,054	0.01	220, 142, 516	79.05%	3,858

16	Authority to Incur Political Expenditure	218,239,857	99.14	1,896,441	0.86	$220,136,298$ 79.05% 10.076
17	Special Resolution: Authority to Call a General Meeting on 14 clear days' notice	202,517,781	91.99	17,623,785	8.01	220,141,566	79.05%	4,808

Vesuvius issued an Interim Management Statement on 17 May and on 3 June, it announced the completion of the sale of its Precious Metals Processing Division.

At today's AGM, the Chairman John McDonough said: "As previously announced, up to £30M of the disposal proceeds of €56.8m will be returned to shareholders through an on-market repurchase of shares, with the balance of the net disposal proceeds being used to reduce the Company's existing borrowings. This transaction is good news for the Precious Metals Processing businesses which are now part of a group wholly dedicated to that industry, and it is an important strategic step for Vesuvius, leaving us focused on our core competence of molten metal engineering, serving the global steel and foundry industries."

No further comments on trading were made at the meeting.

Notes:

• 1. Any proxy appointments which gave discretion to the Chairman have been included in the "for" total.
• 1. The total number of shares in issue is 278,485,071
• 1. A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "for" and "against" a resolution.
• 1. All percentages are shown to two decimal places.

This information will also shortly be available to view on the Company's website at: www.vesuvius.com.

In accordance with Listing Rule 9.6.2 a copy of Resolution 17 (Authority for the Company to call a general meeting on 14 clear days' notice) which was passed as special business at the AGM will be submitted to the Financial Conduct Authority Storage Mechanism and will be available for inspection at National www.hemscott.com/nsm.do. A copy of this resolution is also available from the Company Secretary, Vesuvius plc, 165 Fleet Street, London EC4A 2AE, England. In addition, copies of resolutions 13 to 15 and 17 will be filed with Companies House.

Vesuvius plc 165 Fleet Street London EC4A 2AE +44 (0) 20 7822 0000 Tel: +44 (0) 20 7822 0100 Fax: Web: www.vesuvius.com