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Result of AGM

7th Aug 2025 16:35

RNS Number : 4821U
Volex PLC
07 August 2025
 

7 August 2025

Volex plc

("Volex" or the "Company")

Results of Annual General Meeting

 

Volex plc (AIM: VLX), the specialist integrated manufacturer of critical power and data transmission products, is pleased to announce the results of its AGM, held earlier today, at which all resolutions were duly passed on a poll.

 

The total number of votes received on each resolution put to the AGM is as follows:

 

Resolution

% in Favour

Votes For

Votes Against

Total Votes Cast

% of issued share capital voted

Votes Withheld*

1.

To receive the audited accounts of the Company for the financial year ended 30 March 2025

99.99%

108,901,911

8,779

108,910,690

59.02%

 

12,825

2.

To approve the Remuneration Committee Report

97.79%

106,498,093

2,408,459

108,906,552

59.02%

16,963

3.

To approve the Directors' Remuneration Policy

94.18%

102,568,239

6,334,869

108,903,108

59.02%

20,407

 

4. ]

To declare a final dividend of 3.0 pence per ordinary share for the financial year ended 30 March 2025

100.00%

108,920,856

 

79

108,920,935

59.03%

2,580

5.

To re-elect Lord Rothschild as a Director

97.79%

101,478,310

2,290,043

103,768,353

56.23%

5,155,162

6.

To re-elect Jon Boaden as a Director

99.99%

108,907,962

10,779

108,918,741

59.02%

4,774

7.

To re-elect Sir Peter Westmacott as a Director

95.12%

103,514,502

5,310,246

108,824,748

58.97%

98,767

8.

To re-elect Amelia Murillo as a Director

99.98%

108,074,587

19,198

108,093,785

58.58%

829,730

9.

To re-elect Jeffrey Jackson as a Director

98.89%

107,681,970

1,211,820

108,893,790

59.01%

29,725

10.

To re-elect John Wilson as a Director

84.52%

91,350,419

16,734,912

108,085,331

58.57%

838,184

11.

To re-appoint PricewaterhouseCoopers LLP as auditors of the Company

98.98%

107,797,121

1,109,252

108,906,373

59.02%

17,142

12.

To authorise the Directors to determine the remuneration of the auditors

99.99%

108,898,758

14,561

108,913,319

59.02%

10,196

13.

To authorise the Directors to operate the scrip dividend scheme

99.99%

108,911,814

6,906

108,918,720

59.02%

4,795

14.

To authorise the Directors to capitalise reserves for the scrip dividend scheme

99.98%

108,902,930

16,597

108,919,527

59.03%

3,988

15.

To authorise the Directors to allot shares in the Company pursuant to section 551 of the Companies Act 2006 ("2006 Act")

99.59%

108,474,925

444,587

108,919,512

59.03%

4,003

16.

To authorise the disapplication of statutory pre-emption rights under section 570 of the 2006 Act

98.29%

107,057,096

1,862,381

108,919,477

59.03%

4,038

 

17.

To authorise the further disapplication of statutory pre-emption rights under section 570 of the 2006 Act in connection with an acquisition or specified capital investment

95.02%

103,499,638

5,419,939

108,919,577

59.03%

3,938

18.

To authorise the Company to make purchases of its own shares in accordance with section 701 of the 2006 Act

99.94%

99,668,522

56,626

99,725,148

54.04%

9,198,367

 

Notes

 

*A vote withheld is not treated as a vote in law and is not counted in the calculation of the proportion of the votes cast for or against a resolution.

 

Resolutions 1 to 15 were ordinary resolutions, requiring a simple majority of votes cast to pass, while resolutions 16 to 18 were special resolutions, requiring at least 75% support to pass.

The total number of Volex shares in issue at 6.00 p.m. on 5 August 2025, being those eligible to be voted on at the AGM, was 184,529,938.

 

The full text of each of the resolutions is set out in the Notice of AGM, which is available on the Volex website: www.volex.com/investors/.

 

For further information please contact:

 

Volex plc

Lord Rothschild, Executive Chairman

Jon Boaden, Chief Financial Officer

Chris Bedford, Group General Counsel and Company Secretary

 

+44 (0) 1256 442570 [email protected]

 

Peel Hunt LLP - Nominated Adviser & Joint Broker

Ed AllsoppDom ConveyTom Graham

 

+44 (0)20 7418 8900

Jefferies - Joint Broker

Philip NobletSam BarnettHarry Le May

+44 (0)207 029 8000

 

Sodali & Co - Media Enquiries

James White

Nicholas Johnson

+44 (0)20 7250 1446

 

 

 

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