13th May 2020 11:05
13 May 2020
Ultra Electronics Holdings plc
("Ultra" or the "Company")
Result of AGM
Ultra Electronics Holdings plc held its Annual General Meeting at 10.00 a.m. this morning at the Company's registered office at 35 Portman Square, London W1H 6LR. A poll was conducted on each Resolution and all Resolutions were passed by the requisite majority.
The voting results for the Resolutions tabled at the meeting are as follows:
Resolution | For | Against | Total Votes Cast
| % Issued Share Capital Voted | Votes Withheld* | |||
Number of Votes | % of Votes | Number of Votes | % of Votes | |||||
ORDINARY RESOLUTIONS | ||||||||
01 | To receive the 2019 Annual Report | 63,501,282 | 99.95% | 28,965 | 0.05% | 63,530,247 | 89.50% | 87,224 |
02 | To approve the Directors' Remuneration Policy | 50,910,945 | 81.51% | 11,545,822 | 18.49% | 62,456,767 | 87.99% | 1,160,704 |
03 | To approve the Directors' Remuneration Report | 52,498,868 | 86.22% | 8,390,183 | 13.78% | 60,889,051 | 85.78% | 2,728,420 |
04 | To amend the LTIP Rules | 54,770,030 | 87.69% | 7,689,021 | 12.31% | 62,459,051 | 87.99% | 1,158,420 |
05 | To elect Jos Sclater | 63,521,081 | 99.85% | 94,946 | 0.15% | 63,616,027 | 89.62% | 1,445 |
06 | To elect Dan Shook | 63,197,243 | 99.34% | 418,784 | 0.66% | 63,616,027 | 89.62% | 1,445 |
07 | To re-elect Martin Broadhurst | 63,298,962 | 99.50% | 317,215 | 0.50% | 63,616,177 | 89.62% | 1,295 |
08 | To re-elect Geeta Gopalan | 63,299,062 | 99.50% | 316,965 | 0.50% | 63,616,027 | 89.62% | 1,445 |
09 | To re-elect Victoria Hull | 63,298,119 | 99.50% | 318,058 | 0.50% | 63,616,177 | 89.62% | 1,295 |
10 | To re-elect Simon Pryce | 63,558,771 | 99.91% | 57,136 | 0.09% | 63,615,907 | 89.62% | 1,565 |
11 | To re-elect Tony Rice | 59,316,985 | 93.24% | 4,299,041 | 6.76% | 63,616,026 | 89.62% | 1,445 |
12 | To re-appoint Deloitte as Auditors | 62,111,853 | 97.63% | 1,505,268 | 2.37% | 63,617,121 | 89.62% | 350 |
13 | To authorise the Directors to agree auditors remuneration | 62,769,753 | 98.68% | 836,663 | 1.32% | 63,606,416 | 89.61% | 11,056 |
14 | To authorise Directors to allot shares | 59,357,464 | 93.31% | 4,258,986 | 6.69% | 63,616,450 | 89.62% | 1,021 |
SPECIAL RESOLUTIONS (requiring 75% of votes cast to be carried) | ||||||||
15 | To dis-apply pre-emption rights - 5% | 63,605,488 | 99.98% | 10,879 | 0.02% | 63,616,367 | 89.62% | 1,105 |
16 | To dis-apply pre-emption rights - additional 5% in certain circumstances | 60,287,829 | 94.77% | 3,328,337 | 5.23% | 63,616,166 | 89.62% | 1,305 |
17 | To authorise the Company to purchase its own shares | 62,867,840 | 98.92% | 686,025 | 1.08% | 63,553,865 | 89.53% | 63,606 |
18 | To adopt new Articles of Association | 61,424,661 | 96.57% | 2,182,390 | 3.43% | 63,607,051 | 89.61% | 10,420 |
19 | To permit General Meetings to be called on 14 days' notice | 61,286,856 | 96.34% | 2,329,395 | 3.66% | 63,616,251 | 89.62% | 1,221 |
*A vote withheld is not a vote in law and is not counted towards votes cast "For" or "Against" a resolution.
The total voting rights of the Company as at 6.30pm on 11 May 2020, the day on which shareholders had to be on the register in order to be eligible to vote, was 70,984,789.
In accordance with Listing Rule 9.2.2E, Resolutions 6 - 9 inclusive and Resolution 11 were approved by: (a) the shareholders of the Company; and (b) the independent shareholders of the Company.
A copy of the full voting results will be available on the Company's website www.ultra.group and, in accordance with Listing Rule 9.6.2, the full text of the resolutions passed at the AGM may be found in the Notice of AGM 2020 dated 14 April 2020 also available on the Company's website and from the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Enquiries:
Ultra Electronics Holdings plc
+44 (0)208 813 4321
Alex Dent, Deputy Company Secretary www.ultra.group
Related Shares:
ULE.L