Van Elle Holdings PLC Results of General Meeting (5639Z)
December 15 2017 - 10:54AM
UK Regulatory
TIDMVANL
RNS Number : 5639Z
Van Elle Holdings PLC
15 December 2017
15 December 2017
Van Elle Holdings plc
("Van Elle" or the "Company")
Results of General Meeting
Further to the announcement dated 22 November 2017 in connection
with the posting of a circular to Van Elle shareholders
("Shareholders") containing a notice convening a general meeting of
Shareholders ("General Meeting") to consider resolutions proposed
by Michael Ellis (the "Ellis Resolutions"), Van Elle is pleased to
announce that, at the General Meeting held at 12pm today, all the
Ellis Resolutions were defeated by Shareholders.
Excluding the votes attributed to the shareholding of
approximately 20% held by Mr Ellis and his family, more than 98% of
the remaining votes ("Independent Votes") submitted were against
the Ellis Resolutions.
All resolutions proposed at the General Meeting were voted by
way of a poll. The results of the poll for each resolution were as
follows:
Resolution For For Against Against Total Withheld
(votes) %(2) (votes) (%)(2) votes (votes)(1)
validly
cast
-------------------------- ----------- ------ ----------- -------- ----------- ------------
That Michael
Ellis be
and is hereby
appointed
as a director
of the Company
with immediate
1 effect. 16,898,827 24.33 52,544,947 75.67 69,443,774 0
---------------------- ----------- ------ ----------- -------- ----------- ------------
That Thomas
Lindup be
and is hereby
appointed
as a director
of the Company
with immediate
2 effect. 16,166,801 23.53 52,534,947 76.47 69,443,774 742,026
---------------------- ----------- ------ ----------- -------- ----------- ------------
That Jon
Fenton be
and is hereby
removed as
a director
of the Company
with immediate
3 effect. 16,168,301 23.53 52,533,447 76.47 69,443,774 742,026
---------------------- ----------- ------ ----------- -------- ----------- ------------
That Robin
Williams
be and is
hereby removed
as a director
of the Company
with immediate
4 effect. 16,901,620 24.34 52,532,154 75.66 69,443,774 10,000
---------------------- ----------- ------ ----------- -------- ----------- ------------
That any
person appointed
as a director
of the Company
since the
date of the
requisition
of the requisitioned
General Meeting
(being 10
November
2017), and
who is not
one of the
persons referred
to in the
resolutions
numbered
1 to 4 (inclusive)
above, be
and is hereby
removed as
a director
5 of the Company. 16,897,827 24.34 52,523,140 75.66 69,443,774 22,807
---------------------- ----------- ------ ----------- -------- ----------- ------------
Adrian Barden, Chairman of Van Elle, commented:
"The requisition has been an unnecessary and disruptive
distraction. We are pleased that all of the resolutions have been
comprehensively rejected by Shareholders.
"We can now get back to managing the business and delivering our
long-term growth strategy for the benefit of all stakeholders."
Notes:
1. A "Vote withheld" is not a vote in law and is not counted in
the proportion of votes "For" or "Against" any resolution, or
"Total votes validly cast".
2. Percentages are expressed as a percentage of total votes
validly cast (and does not include votes withheld).
3. The Notice of General Meeting is available on the Company's website: www.van-elle.co.uk
Enquiries:
Van Elle Holdings plc 017 7358 0580
Jon Fenton, Chief Executive Officer
Paul Pearson, Chief Financial
Officer
Instinctif Partners (Financial
Public Relations) 020 7457 2020
Mark Garraway
James Gray
Rosie Driscoll
Peel Hunt LLP (Nominated Adviser
and corporate broker) 020 7418 8900
Charles Batten
Mike Bell
Justin Jones
This information is provided by RNS
The company news service from the London Stock Exchange
END
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