TIDMDVW

RNS Number : 9074E

Dee Valley Group PLC

21 July 2016

Dee Valley Group plc

Results of the Annual General Meeting held on 21 July 2016

at the Ramada Wrexham, Ellice Way, Wrexham, LL13 7YH

The Directors of Dee Valley Group plc announce that all resolutions proposed at the Annual General Meeting, held earlier today, were duly passed with the exception of resolution 6, "to give power to the Directors to allot shares in accordance with s.551 of the Companies Act 2006."

Resolutions 1 to 5 were passed as ordinary resolutions at the Meeting on a show of hands. Resolutions 7 and 8 were passed as special resolutions at the Meeting on a show of hands. The total number of proxy votes received for each resolution is set out in the table in Annexure A.

Copies of the resolutions designated as special business at the Annual General Meeting have been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.

 
 ANNEXURE A 
---------------------------------------------------------------------------------------------------------------------- 
                                          VOTES       % OF     VOTES       % OF     VOTES       TOTAL        VOTES 
                                           FOR         VOTES    AGAINST     VOTES    CAST        VOTES        WITHHELD 
       RESOLUTION                                      CAST                 CAST     IN TOTAL    CAST 
                                                                                                 AS % 
                                                                                                 OF ISSUED 
                                                                                                 VOTING 
                                                                                                 SHARE 
                                                                                                 CAPITAL 
    -----------------------------------  ----------  -------  ----------  -------  ----------  -----------  ---------- 
     To receive and adopt the 
     Directors' 
     Report and audited Financial 
     Statements for the Company for 
     the year ended 31 March 2016 
     together with the Independent 
 1   Auditor's report thereon.            1,644,204      100           0        0   1,644,204        39.73           0 
    -----------------------------------  ----------  -------  ----------  -------  ----------  -----------  ---------- 
     To approve the Directors' 
     Remuneration 
     Report (excluding the Directors' 
     Remuneration Policy), for the 
 2   year ended 31 March 2016.            1,637,183    99.85       2,458     0.15   1,639,641        39.62       4,563 
    -----------------------------------  ----------  -------  ----------  -------  ----------  -----------  ---------- 
     To declare a final dividend of 
     42.0 pence per share on the 
     Ordinary 
     Shares and Non-Voting Ordinary 
 3   Shares.                              1,643,535      100           0        0   1,643,535        39.71         669 
    -----------------------------------  ----------  -------  ----------  -------  ----------  -----------  ---------- 
     To re-elect Philip Holder who, 
     being required to retire by 
     rotation, 
 4   offers himself for re-election       1,635,434    99.48       8,485     0.52   1,643,919        39.72         285 
    -----------------------------------  ----------  -------  ----------  -------  ----------  -----------  ---------- 
     To reappoint Deloitte LLP as 
      auditor to the Company and to 
      hold office until the end of 
      the next Annual General Meeting, 
      and to authorise the Directors 
 5    to determine its remuneration.      1,642,485    99.94         969     0.06   1,643,454        39.71         750 
    -----------------------------------  ----------  -------  ----------  -------  ----------  -----------  ---------- 
     To give power to the Directors 
      to allot shares in accordance 
      with s.551 of the Companies Act 
 6    2006.                                 257,253    15.68   1,383,120    84.32   1,640,373        39.63       3,831 
    -----------------------------------  ----------  -------  ----------  -------  ----------  -----------  ---------- 
     To give power to the Directors 
      to allot shares other than in 
      accordance with s.561 of the 
 7    Companies Act 2006.                 1,635,490     99.7       4,883      0.3   1,640,373        39.63       3,831 
    -----------------------------------  ----------  -------  ----------  -------  ----------  -----------  ---------- 
     To give power to the Directors 
     to make market purchases as 
     defined 
     by s.701 of the Companies Act 
 8   2006.                                1,637,545    99.89       1,793     0.11   1,639,338        39.61       4,866 
    -----------------------------------  ----------  -------  ----------  -------  ----------  -----------  ----------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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