18 May 2016 13:38
18 May 2016
The Vitec Group plc
Result of 2016 Annual General Meeting
The Vitec Group plc announces that at the Annual General Meeting held today all resolutions as set out in the Notice of Annual General Meeting dated 15 March 2016 were passed. A poll was conducted on each resolution proposed at the Meeting and the number of votes for and against each of the resolutions, and the number of votes withheld, were as follows:
FOR
| AGAINST | WITHHELD* | ||||
Resolution
| Votes cast | % | Votes cast | % | Votes cast | |
1 | To receive and adopt the Annual Report and Accounts for the year ended 31 December 2015 | 33,394,630 | 100 | 0 | 0 | 866 |
2 | To approve the Directors' Remuneration Report, other than the part containing the Directors' Remuneration Policy Report, for the year ended 31 December 2015 | 31,165,662 | 99.96 | 11,507 | 0.04 | 2,218,327 |
3 | To declare a final dividend of 15.1p per ordinary share | 33,395,248 | 100 | 248 | 0 | 0 |
4 | To re-elect John McDonough CBE as a director | 33,391,413 | 99.99 | 4,083 | 0.01 | 0 |
5 | To re-elect Stephen Bird as a director | 33,286,964 | 99.68 | 108,532 | 0.32 | 0 |
6 | To re-elect Paul Hayes as a director | 33,368,791 | 99.92 | 26,705 | 0.08 | 0 |
7 | To re-elect Christopher Humphrey as a director | 32,985,748 | 98.77 | 409,748 | 1.23 | 0 |
8 | To re-elect Lorraine Rienecker as a director | 33,393,748 | 99.99 | 1,748 | 0.01 | 0 |
9 | To re-elect Mark Rollins as a director | 33,394,748 | 100 | 248 | 0 | 500 |
10 | To re-elect Caroline Thomson as a director | 33,393,148 | 99.99 | 2,348 | 0.01 | 0 |
11 | To re-appoint KPMG LLP as auditor of the Company | 33,100,407 | 99.12 | 295,089 | 0.88 | 0 |
12 | To authorise the Board to determine the remuneration of the auditor | 33,392,659 | 99.99 | 2,837 | 0.01 | 0 |
13 | To renew the authority for directors to allot relevant securities | 31,172,717 | 99.99 | 4,568 | 0.01 | 2,218,211 |
14 | To authorise directors to allot equity shares or to sell any ordinary shares which the Company holds in treasury for cash and to disapply pre-emption rights in connection with such allotments or sales** | 31,175,238 | 99.99 | 2,047 | 0.01 | 2,218,211 |
15 | To renew the authority for the Company to make market purchases of its own shares** | 33,376,896 | 99.95 | 18,100 | 0.05 | 500 |
16 | To approve the notice period for general meetings** | 32,879,040 | 98.45 | 516,455 | 1.55 | 1 |
** denotes a special resolution
The number of shares in issue as at the date of the 2016 Annual General Meeting is 44,526,580.
In accordance with LR 9.6.2 a copy of the resolutions passed under special business at today's Annual General Meeting will be submitted to the National Storage Mechanism.
Jon Bolton
Group Company Secretary
A Snapshot of The Vitec Group
Vitec is a global provider of premium branded products and services to the Broadcast and Photographic markets. Vitec is listed on the London Stock Exchange with 2015 revenue of £317.8 million.
The Group is organised in two Divisions:
The Broadcast Division designs, manufactures and distributes premium branded products for broadcasting, film and video production for broadcasters and independent content creators. It also provides premium services including equipment rental and technical solutions to TV production teams and film crews.
The Photographic Division designs, manufactures and distributes premium branded equipment for photographic and video cameras and provides dedicated solutions to professional and non-professional image takers.
More information can be found at: www.vitecgroup.com.