Company Number:
00481833
25 July 2024
Vp plc
Results of Annual General
Meeting
Vp plc (the "Company") announces that
at its Annual General Meeting ("AGM") held today, all resolutions
set out in the notice of the AGM were passed by the requisite
majority of votes by shareholders by way of a poll.
The full text of the resolutions
proposed at the AGM is included in the Company's Notice of AGM
published on 25 June 2024, which is available on the Investors
section of the Company's website at https://www.vpplc.com/investors/.
The results of the poll for each
resolution were as follows:
|
|
VOTES FOR
|
%
|
VOTES
AGAINST
|
%
|
TOTAL SHARES
VOTED
|
% OF ISSUED SHARE CAPITAL
VOTED
|
VOTES
WITHHELD
|
|
ORDINARY RESOLUTIONS
|
|
|
|
|
|
|
|
|
1. To receive the Company's
financial statements and the reports of the Directors together with
the Auditor's Report for the year ended 31 March 2024
|
32,561,824
|
100.00%
|
1,500
|
0.00%
|
32,563,324
|
81.10%
|
-
|
|
2. To declare a final dividend of
27.5 pence per ordinary share
|
32,563,324
|
100.00%
|
-
|
0.00%
|
32,563,324
|
81.10%
|
-
|
|
3. To re-elect Jeremy Pilkington as
a Director
|
30,830,950
|
94.68%
|
1,732,124
|
5.32%
|
32,563,074
|
81.09%
|
250
|
|
4. To re-elect Anna Bielby as a
Director
|
32,238,812
|
99.00%
|
324,012
|
1.00%
|
32,562,824
|
81.09%
|
500
|
|
5. To re-elect Phil White as a
Director
|
28,085,124
|
86.25%
|
4,477,700
|
13.75%
|
32,562,824
|
81.09%
|
500
|
|
6. To re-elect Mark Bottomley as a
Director
|
32,484,699
|
99.76%
|
78,125
|
0.24%
|
32,562,824
|
81.09%
|
500
|
|
7. To re-elect Stuart Watson as a
Director
|
32,162,564
|
99.76%
|
78,125
|
0.24%
|
32,240,689
|
80.29%
|
322,635
|
|
8. To elect Keith Winstanley as a
Director
|
32,561,074
|
99.99%
|
2,000
|
0.01%
|
32,563,074
|
81.09%
|
250
|
|
9. To re-appoint
PricewaterhouseCoopers LLP as auditor of the Company
|
32,514,075
|
99.85%
|
48,749
|
0.15%
|
32,562,824
|
81.09%
|
500
|
|
10. To authorise the directors to
determine the auditor's remuneration
|
32,561,224
|
100.00%
|
1,600
|
0.00%
|
32,562,824
|
81.09%
|
500
|
|
11. To approve the Directors'
Remuneration Report
|
32,537,682
|
99.93%
|
21,765
|
0.07%
|
32,559,447
|
81.09%
|
3,877
|
|
SPECIAL RESOLUTIONS
|
|
|
|
|
|
|
|
|
12. To authorise the Company to
purchase its own shares
|
32,338,726
|
99.32%
|
222,443
|
0.68%
|
32,561,169
|
81.09%
|
2,155
|
|
13. To approve the calling of a
general meeting other than an annual general meeting on not less
than 14 clear days' notice
|
32,503,035
|
99.82%
|
59,789
|
0.18%
|
32,562,824
|
81.09%
|
500
|
|
14. To adopt new Articles of
Association
|
32,560,447
|
99.99%
|
1,877
|
0.01%
|
32,562,324
|
81.09%
|
900
|
|
ADDITIONAL ORDINARY RESOLUTION
|
|
|
|
|
|
|
|
|
15. To authorise the Company to use
electronic communications
|
32,550,244
|
99.99%
|
3,912
|
0.01%
|
32,554,156
|
81.07%
|
9,168
|
Ackers P Investment Company Limited
(a company of which Jeremy Pilkington is a director of) is regarded
as a controlling shareholder of the Company for the purposes of the
Listing Rules, and each resolution to re-elect independent
non-executive directors (resolutions 5, 6 and 7) have under Listing
Rule 9.2.2E been approved by a majority of the votes cast
by:
(i) the
shareholders of the Company as a whole; and
(ii) the
independent shareholders of the Company, that is, all the
shareholders entitled to vote on each resolution excluding the
controlling shareholder.
Votes cast by shareholders excluding
the controlling shareholder are shown below:
|
RESOLUTION
|
VOTES FOR
|
%
|
VOTES
AGAINST
|
%
|
TOTAL SHARES
VOTED
|
% OF ISSUED SHARE CAPITAL
VOTED
|
VOTES
WITHHELD
|
|
5. To re-elect Phil White as a
Director
|
7,903,713
|
63.84%
|
4,477,700
|
36.16%
|
12,381,413
|
30.83%
|
500
|
|
6. To re-elect Mark Bottomley as a
Director
|
12,303,288
|
99.37%
|
78,125
|
0.63%
|
12,381,413
|
30.83%
|
500
|
|
7. To re-elect Stuart Watson as a
Director
|
11,981,153
|
99.35%
|
78,125
|
0.65%
|
12,059,278
|
30.03%
|
322,635
|
Notes:
1. All
resolutions were passed.
2.
Any proxy appointments giving discretion to the
Chairman of the AGM have been included in the "For"
total.
3.
Votes "For" and "Against" any resolution are
expressed as a percentage of votes validly cast for that
resolution.
4.
A vote "Withheld" is not a vote in law and is not
counted in the calculation of percentage of shares voted
"For" or "Against" any resolution nor in the calculation of
the "% of issued share capital voted" for any
resolution.
5.
The Company's total of ordinary shares in issue
(total voting rights) on 24 June 2024, being the time at which a
person had to be registered in the Company's register of members in
order to vote at the AGM, was 40,154,253
ordinary shares of 5 pence each. Ordinary
shareholders are entitled to one vote per ordinary share
held.
6. The total
number of ordinary shares held by shareholders excluding the
controlling shareholder on
24 June 2024 was 19,972,842.
7.
In accordance with paragraph 9.6.2 of the Listing
Rules, a copy of the resolutions passed at the AGM will shortly be
submitted to the National Storage Mechanism and will be available
for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
8.
A copy of this announcement will be available on
the Company's website at https://www.vpplc.com/investors/.
Sarah (Sally) Jones, Company Secretary
Vp plc
25
July 2024
