TIDMMRO
RNS Number : 1452C
Melrose Industries PLC
08 June 2023
Melrose Industries PLC
1. Results of Annual General Meeting
The Annual General Meeting of Melrose Industries PLC (the
"Company") was held on Thursday 8 June 2023.
The table below sets out the results of the poll on all 21
resolutions that were put to a shareholder vote, with each
shareholder present in person or by proxy being entitled to one
vote per share held.
The Board would like to thank shareholders for their engagement
and support ahead of today's Annual General Meeting and throughout
the year, and for subsequently voting in favour of all Annual
General Meeting resolutions.
The majority of resolutions attracted support in excess of 97%
votes in favour. Special resolutions 17 (general disapplication of
pre-emption rights) and 18 (disapplication of pre-emption rights in
connection with an acquisition or specified capital investment)
were passed, having received just under 80% votes in favour. The
Company notes that both of these resolutions follow the provisions
of the Pre-Emption Group's 2022 Statement of Principles for the
disapplication of pre-emption rights, and the Board considers
flexibility to be in the best interests of the Company.
The Company has already begun engaging with shareholders who
voted against or abstained from voting on these resolutions. In
accordance with UK Corporate Governance Code requirements, the
Board confirms that it will continue to consult and engage with
relevant shareholders to understand and discuss their concerns with
respect to these resolutions.
Ordinary Resolutions
Resolutions Votes 'For'* % of Votes % of Total Issued Total % of Votes
Votes 'Against' Votes Share Capital Issued Share Withheld**
Cast 'For' Cast Voted Capital
'Against' Voted
1. To receive
the
financial
statements
for the
financial
year ended
31 December
2022 1,042,142,049 100.00 34,369 0.00 1,042,176,418 77.11% 23,940,971
-------------- ------------ ------------ ------------- -------------- ------------- ------------
2. To approve
the
Directors'
Remuneration
Report for
the year
ended 31
December
2022 980,977,001 97.29 27,336,918 2.71 1,008,313,919 74.61% 57,803,529
-------------- ------------ ------------ ------------- -------------- ------------- ------------
3. To approve
the
2023
Directors'
Remuneration
Policy 812,473,394 82.02 178,104,348 17.98 990,577,742 73.30% 75,539,706
-------------- ------------ ------------ ------------- -------------- ------------- ------------
4. To
re-elect
Christopher
Miller as a
Director
of the
Company 1,060,724,112 99.54 4,897,751 0.46 1,065,621,863 78.85% 495,418
-------------- ------------ ------------ ------------- -------------- ------------- ------------
5. To
re-elect
Simon
Peckham as a
Director
of the
Company 1,061,169,796 99.58 4,448,811 0.42 1,065,618,607 78.85% 498,674
-------------- ------------ ------------ ------------- -------------- ------------- ------------
6. To
re-elect
Geoffrey
Martin
as a
Director
of the
Company 1,053,008,538 98.82 12,608,984 1.18 1,065,617,522 78.85% 499,759
-------------- ------------ ------------ ------------- -------------- ------------- ------------
7. To
re-elect
Peter
Dilnot as a
Director
of the
Company 1,060,762,192 99.54 4,858,269 0.46 1,065,620,461 78.85% 496,820
-------------- ------------ ------------ ------------- -------------- ------------- ------------
8. To
re-elect
Justin
Dowley as a
Director
of the
Company 994,032,994 93.28 71,575,803 6.72 1,065,608,797 78.85% 508,483
-------------- ------------ ------------ ------------- -------------- ------------- ------------
9. To
re-elect
David
Lis as a
Director
of the
Company 1,040,292,996 97.62 25,326,630 2.38 1,065,619,626 78.85% 497,655
-------------- ------------ ------------ ------------- -------------- ------------- ------------
10. To
re-elect
Charlotte
Twyning as a
Director
of the
Company 1,045,355,833 98.10 20,249,094 1.90 1,065,604,927 78.85% 512,354
-------------- ------------ ------------ ------------- -------------- ------------- ------------
11. To
re-elect
Funmi
Adegoke as a
Director
of the
Company 1,051,042,348 98.63 14,565,283 1.37 1,065,607,631 78.85% 509,650
-------------- ------------ ------------ ------------- -------------- ------------- ------------
12. To
re-elect
Heather
Lawrence as
a Director
of the
Company 1,063,251,884 99.78 2,354,309 0.22 1,065,606,193 78.85% 511,088
-------------- ------------ ------------ ------------- -------------- ------------- ------------
13. To
re-elect
Victoria
Jarman as a
Director
of the
Company 1,045,872,192 98.15 19,734,983 1.85 1,065,607,175 78.85% 510,106
-------------- ------------ ------------ ------------- -------------- ------------- ------------
14. To
re-appoint
Deloitte LLP
as auditor
of the
Company 1,040,453,461 97.64 25,124,261 2.36 1,065,577,722 78.85% 539,726
-------------- ------------ ------------ ------------- -------------- ------------- ------------
15. To
authorise
the
Audit
Committee to
determine
the
auditor's
remuneration 1,064,262,089 99.88 1,330,530 0.12 1,065,592,619 78.85% 524,829
-------------- ------------ ------------ ------------- -------------- ------------- ------------
16. To renew
the
authority
given to
Directors
to allot
shares 1,054,413,672 98.95 11,170,624 1.05 1,065,584,296 78.85% 533,151
-------------- ------------ ------------ ------------- -------------- ------------- ------------
Special Resolutions
Resolutions Votes 'For'* % of Votes % of Total Issued Total % of
Votes 'Against' Votes Share Capital Issued Share Votes
Cast 'For' Cast Voted Capital Withheld**
'Against' Voted
17. To give
the
Directors
authority
to allot
equity
securities
without
application
of
pre-emption
rights 850,711,388 79.84 214,874,539 20.16 1,065,585,927 78.85% 531,349
-------------- ------------ ------------- ------------- -------------- ------------- ------------
18. To give
the
Directors
authority
to allot
equity
securities
used only
for the
purpose of
financing
a
transaction
which
the
Directors
determine
to be an
acquisition
or other
capital
investment 842,897,744 79.10 222,675,591 20.90 1,065,573,335 78.85% 543,941
-------------- ------------ ------------- ------------- -------------- ------------- ------------
19. To
authorise a
market
purchase of
shares 1,037,167,294 97.34 28,306,426 2.66 1,065,473,720 78.84% 643,561
-------------- ------------ ------------- ------------- -------------- ------------- ------------
20. To
approve the
calling of
a general
meeting
other than
an Annual
General
Meeting on
no less
than 14
days'
notice 1,050,160,594 98.57 15,212,144 1.43 1,065,372,738 78.83% 474,543
-------------- ------------ ------------- ------------- -------------- ------------- ------------
21. To amend
the
articles
of
association
of
the Company 1,065,470,321 99.99 95,163 0.01 1,065,565,484 78.84% 551,797
-------------- ------------ ------------- ------------- -------------- ------------- ------------
There are currently 1,351,475,321 Ordinary Shares of 160/7 pence
in Melrose Industries PLC in issue.
* Includes discretionary votes
** A vote 'Withheld' is not a vote in law and is not counted in
the calculation of the proportion of votes 'For' or 'Against' a
resolution.
2. Resolutions submitted to National Storage Mechanism
The Company has today submitted to the National Storage
Mechanism copies of resolutions passed at the Annual General
Meeting on Thursday 8 June 2023 concerning items other than
ordinary business, together with a copy of the Company's amended
articles of association. These documents will shortly be available
for inspection at:
Melrose Industries PLC
11th Floor
The Colmore Building
20 Colmore Circus Queensway
Birmingham
West Midlands
B4 6AT
Enquiries:
Montfort Communications: +44 (0) 20 3514 0897
Nick Miles +44 (0) 7973 130 669
Charlotte McMullen +44 (0) 7921 881 800
miles@montfort.london / mcmullen@montfort.london
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END
RAGUWRURONUNRAR
(END) Dow Jones Newswires
June 08, 2023 08:15 ET (12:15 GMT)
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