11th Jul 2018 13:09
NEX Group plc (the Company)
Result of Annual General Meeting
The 2018 annual general meeting of NEX Group plc took place today at 11.00am at the offices of NEX Group plc, 2 Broadgate, London, EC2M 7UR.
All resolutions proposed at the 2018 annual general meeting were carried on a show of hands with the requisite majorities.
Details of the proxy votes received on each resolution are available on the Company's website at www.nex.com.
Following the strong support received by shareholders at the shareholder meetings in May to approve the Offer for NEX Group plc, the board is pleased that shareholders also voted in favour of all resolutions at today's annual general meeting. The board has noted the votes received against the Remuneration Report which, based on feedback from shareholders, was the result of the use of the Remuneration Committee's discretion under the Company's share plans on the change of control. The board is disappointed given the circumstances of the Offer and the careful consideration given to the use of discretion, the engagement undertaken and the high level of support for the Remuneration Policy. In the event that the Offer does not complete, the board will review and respond to the feedback from shareholders.
In accordance with Listing Rule 9.6.2, copies of resolutions passed at the 2018 annual general meeting that are required to be submitted to the UK Listing Authority via the National Storage Mechanism will shortly be available for inspection at http://www.hemscott.com/nsm.do.
Contact:
Victoria Mellor | Group Head of Marketing and Communications | Tel: + 44 20 7029 9074 |
Alex Dee | Head of Investor Relations | Tel: + 44 20 7050 7420 |
NEX Group plc
11 July 2018
Related Shares:
NEX Group