30th Apr 2015 11:34
30 April 2015
Ultra Electronics Holdings plc
("Ultra" or the "Company")
Result of AGM
Ultra Electronics Holdings plc held its Annual General Meeting in Greenford, Middlesex today at 10.00 a.m. All resolutions were passed on a show of hands.
The proxy voting for the resolutions tabled at the Meeting was as follows:
Resolution | Votes For/ Discretionary | % | Votes Against | % | Total Votes | % of Issued Share Capital Voted | Votes Withheld* |
1. Adoption of the 2014 Annual Report & Accounts | 60,073,843 | 99.60 | 243,431 | 0.40 | 60,317,274 | 86.17 | 274,137 |
2. Approval of the Directors' Remuneration Report | 60,014,105 | 99.06 | 567,167 | 0.94 | 60,581,272 | 86.55 | 10,139 |
3. Approval of the Directors' Remuneration Policy | 58,779,001 | 97.03 | 1,802,054 | 2.97 | 60,581,055 | 86.55 | 10,353 |
4. Declaration of the final dividend of 31.1p | 60,386,099 | 99.68 | 196,481 | 0.32 | 60,582,580 | 86.55 | 8,831 |
5. Re -election of Mr. D. Caster | 52,848,668 | 87.75 | 7,374,648 | 12.25 | 60,223,316 | 86.04 | 368,095 |
6. Re-election of Mr. M. Broadhurst | 60,412,170 | 99.72 | 170,848 | 0.28 | 60,583,018 | 86.55 | 8,393 |
7. Re-election of Sir Robert Walmsley | 60,442,200 | 99.77 | 139,968 | 0.23 | 60,582,168 | 86.55 | 9,243 |
8. Re-election of Mr. R. Sharma | 57,338,078 | 94.65 | 3,243,743 | 5.35 | 60,581,821 | 86.55 | 9,590 |
9. Re-election of Mr. M. Anderson | 57,339,248 | 94.65 | 3,242,573 | 5.35 | 60,581,821 | 86.55 | 9,590 |
10. Re-election of Mrs. M. Waldner | 57,342,965 | 94.65 | 3,238,550 | 5.35 | 60,581,515 | 86.55 | 9,896 |
11. Election of Mr. J. Hirst | 60,443,837 | 99.77 | 139,073 | 0.23 | 60,582,910 | 86.55 | 8,501 |
12. Re-appointment of Deloitte LLP as auditors | 59,322,033 | 98.36 | 987,432 | 1.64 | 60,309,465 | 86.16 | 281,946 |
13. To authorise the Directors to agree the auditors' remuneration | 60,412,633
| 99.73 | 162,225 | 0.27 | 60,574,858 | 86.54 | 16,553 |
14. To authorise the Directors to allot shares | 58,396,705 | 99.96 | 25,584 | 0.04 | 58,422,289 | 83.47 | 2,169,122 |
15. To disapply pre-emption rights** | 60,556,735 | 99.96 | 24,315 | 0.04 | 60,581,050 | 86.55 | 10,361 |
16. To authorise the Company to purchase its own shares** | 60,580,852 | 99.99 | 2,265 | 0.00 | 60,583,117 | 86.55 | 8,294 |
17. To permit General Meetings, other than AGM's, to be held on 14 days' notice** | 57,305,662 | 94.59 | 3,277,455 | 5.41 | 60,583,117
| 86.55 | 8,294 |
*A vote withheld is not a vote in law and is not counted towards votes cast "For" or "Against" a resolution.
** Special Resolutions requiring a 75% majority
In accordance with Listing Rule 9.2.2E, Resolutions 5 - 7 and 11 inclusive were approved by: (a) the shareholders of the Company; and (b) the independent shareholders of the Company.
The total voting rights of the Company on the day on which shareholders had to be on the register in order to be eligible to vote was 69,994,697.
Speaking at the Company's AGM in Greenford today with respect to the retirement of Chris Bailey, Douglas Caster CBE, Chairman of Ultra Electronics Holdings plc, expressed gratitude on behalf of the Board to Chris Bailey for his service to Ultra, and wished him well in his retirement. Chris Bailey served on the Board for over 10 years, and as previously announced, retired as a Non-Executive Director at the AGM today, in accordance with the provisions of the UK Corporate Governance Code.
The results will also be made available on the Company's website: http://www.ultra-electronics.com/investors
In accordance with LR 9.6.2, a document setting out the resolutions passed at the AGM, concerning special business has been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM
Payment of the final dividend will be made on 06 May 2015 to shareholders who were on the shareholder register on 10 April 2015.
Enquiries:
Ultra Electronics Holdings plc +44 (0)208 813 4321
Sharon Harris, Company Secretary www.ultra-electronics.com
Related Shares:
ULE.L