VSVS Vesuvius Plc

TIDMVSVS

RNS Number : 9918L

Vesuvius plc

18 May 2022

18 May 2022

Vesuvius plc - Result of Annual General Meeting 2022 ("AGM")

Vesuvius plc ("the Company") confirms that, at its AGM held today, each of the resolutions set out in the Notice of Meeting to Shareholders dated 31 March 2022 were passed by the 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           % of     No. of      % of     No. of           % of          Votes 
                             votes cast(1)    votes    votes       votes    votes cast(3)    Issued        withheld(3) 
                                              cast     cast        cast                      Share 
                                                                                             Capital(2) 
     --------------------  ---------------  -------  ----------  -------  ---------------  ------------  ------------- 
      Receipt of 
       Annual Report 
 1     and Accounts          248,321,344     99.99     36,013      0.01     248,357,357       91.57%        744,165 
     --------------------  ---------------  -------  ----------  -------  ---------------  ------------  ------------- 
      Declaration 
       of Final 
 2     Dividend              249,099,650     100.00     1,431      0.00     249,101,081       91.85%          441 
     --------------------  ---------------  -------  ----------  -------  ---------------  ------------  ------------- 
      Approval 
       of Directors' 
       Remuneration 
 3     Report                243,341,031     97.69    5,754,991    2.31     249,096,022       91.84%         5,500 
     --------------------  ---------------  -------  ----------  -------  ---------------  ------------  ------------- 
      Re-election 
       of Patrick 
 4     Andr é           246,851,124     99.14    2,136,850    0.86     248,987,974       91.81%        113,548 
     --------------------  ---------------  -------  ----------  -------  ---------------  ------------  ------------- 
      Re-election 
 5     of Kath Durrant       246,519,519     99.01    2,471,556    0.99     248,991,075       91.81%        110,447 
     --------------------  ---------------  -------  ----------  -------  ---------------  ------------  ------------- 
      Re-election 
       of Dinggui 
 6     Gao                   246,519,144     99.01    2,469,703    0.99     248,988,847       91.81%        112,675 
     --------------------  ---------------  -------  ----------  -------  ---------------  ------------  ------------- 
      Re-election 
       of Friederike 
 7     Helfer                243,554,091     97.82    5,435,584    2.18     248,989,675       91.81%        111,847 
     --------------------  ---------------  -------  ----------  -------  ---------------  ------------  ------------- 
      Re-election 
 8     of Jane Hinkley       245,334,225     98.53    3,655,648    1.47     248,989,873       91.81%        111,649 
     --------------------  ---------------  -------  ----------  -------  ---------------  ------------  ------------- 
      Re-election 
       of Douglas 
 9     Hurt                  246,446,782     98.98    2,541,894    1.02     248,988,676       91.81%        112,843 
     --------------------  ---------------  -------  ----------  -------  ---------------  ------------  ------------- 
      Re-election 
       of John McDonough 
 10    CBE                   244,861,768     98.34    4,128,111    1.66     248,989,879       91.81%        111,643 
     --------------------  ---------------  -------  ----------  -------  ---------------  ------------  ------------- 
      Re-election 
 11    of Guy Young          245,518,095     98.61    3,473,184    1.39     248,991,279       91.81%        110,243 
     --------------------  ---------------  -------  ----------  -------  ---------------  ------------  ------------- 
      Reappointment 
 12    of Auditor            248,384,227     99.72     707,264     0.28     249,091,491       91.84%         10,031 
     --------------------  ---------------  -------  ----------  -------  ---------------  ------------  ------------- 
      Remuneration 
 13    of Auditor            249,093,919     100.00      232       0.00     249,094,151       91.84%         7,371 
     --------------------  ---------------  -------  ----------  -------  ---------------  ------------  ------------- 
      Authority 
       to incur 
       political 
 14    expenditure           245,323,664     98.53    3,667,983    1.47     248,991,647       91.81%        109,875 
     --------------------  ---------------  -------  ----------  -------  ---------------  ------------  ------------- 
      Authority 
       to allot 
 15    shares                242,071,819     97.22    6,912,059    2.78     248,983,878       91.80%        117,644 
     --------------------  ---------------  -------  ----------  -------  ---------------  ------------  ------------- 
      Special 
       Resolution: 
       Authority 
       to dis-apply 
       pre-emption 
 16    Rights                248,928,607     99.93     167,633     0.07     249,096,240       91.84%         5,282 
     --------------------  ---------------  -------  ----------  -------  ---------------  ------------  ------------- 
      Special 
      Resolution: 
      Additional 
      authority 
      to disapply 
      pre-emption 
      rights only 
      in connection 
      with an acquisition 
      or specified 
 17   investment             246,168,107     98.82    2,927,838    1.18     249,095,945       91.84%         5,577 
     --------------------  ---------------  -------  ----------  -------  ---------------  ------------  ------------- 
      Special 
       Resolution: 
       Authority 
       to purchase 
 18    own shares            248,383,090     99.73     674,519     0.27     249,057,609       91.83%         43,913 
     --------------------  ---------------  -------  ----------  -------  ---------------  ------------  ------------- 
      Special 
       Resolution: 
       Authority 
       to call a 
       general meeting 
       on 14 clear 
 19    days' notice          245,785,932     98.67    3,313,503    1.33     249,099,435       91.85%         2,087 
     --------------------  ---------------  -------  ----------  -------  ---------------  ------------  ------------- 
      Ordinary 
       Resolution: 
       Approval 
       of the rules 
       of the Vesuvius 
 20    Share Plan            247,849,592     99.50    1,243,523    0.50     249,093,115       91.84%         8,407 
     --------------------  ---------------  -------  ----------  -------  ---------------  ------------  ------------- 
 

Notes:

1. Any proxy appointments which gave discretion to the Chairman of the Meeting have been included in the "for" total.

2. The total number of shares in issue is 278,485,071 of which 7,271,174 shares are held as Treasury shares. Therefore, the total number of voting rights in the Company is 271,213,897.

3. 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.

   4.    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.

A copy of Resolution 20 and the rules of the Vesuvius Share Plan will be submitted to the National Storage Mechanism in accordance with Listing Rule 9.6.2. and will be available to view at

https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For further information, please contact:

 
 Henry Knowles, General Counsel and Company 
  Secretary                                    +44 (0) 20 7822 0000 
 Euan Drysdale, Group Head of Corporate 
  Finance                                      +44 (0) 7584 641315 
 

About Vesuvius plc

Vesuvius is a global leader in molten metal flow engineering and technology principally serving process industries operating in challenging high temperature conditions.

We develop innovative and customised solutions, often used in extremely demanding industrial environments, which enable our customers to make their manufacturing processes safer, more efficient and more sustainable. These include flow control solutions, advanced refractories and other consumable products and increasingly, related technical services including data capture.

We have a worldwide presence. We serve our customers through a network of cost-efficient manufacturing plants located close to their own facilities, and embed our industry experts within their operations, who are all supported by our global technology centres.

Our core competitive strengths are our market and technology leadership, strong customer relationships, well established presence in developing markets and our global reach, all of which facilitate the expansion of our addressable markets.

Our ultimate goal is to create value for our customers, and to deliver sustainable, profitable growth for our shareholders giving a superior return on their investment whilst providing each of our employees with a safe workplace where they are recognised, developed and properly rewarded.

We think beyond today to create solutions that will shape the future for everyone.

Vesuvius plc, 165 Fleet Street, London EC4A 2AE

Registered in England and Wales No. 8217766

LEI: 213800ORZ521W585SY02

www.vesuvius.com

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May 18, 2022 10:28 ET (14:28 GMT)