17 May 2017 14:05
17 May 2017
The Vitec Group plc
Result of 2017 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 14 March 2017 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 2016 | 36,286,639 | 100 | 0 | 0 | 3,114 |
2 | To approve the Directors' Remuneration Policy Report as set out in the Annual Report for the year ended 31 December 2016 | 36,268,829 | 99.97 | 9,424 | 0.03 | 11,500 |
3 | To approve the Directors' Remuneration Report, other than the Directors' Remuneration Policy Report, for the year ended 31 December 2016 | 36,272,645 | 99.99 | 5,308 | 0.01 | 11,800 |
4 | To declare a final dividend of 17.3p per ordinary share | 36,289,753 | 100 | 0 | 0 | 0 |
5 | To reappoint John McDonough CBE as a director | 36,288,350 | 99.99 | 1,403 | 0.01 | 0 |
6 | To reappoint Stephen Bird as a director | 36,261,893 | 99.92 | 27,860 | 0.08 | 0 |
7 | To reappoint Martin Green as a director | 36,261,293 | 99.92 | 27,860 | 0.08 | 600 |
8 | To reappoint Kath Kearney-Croft as a director | 36,259,793 | 99.92 | 29,360 | 0.08 | 600 |
9 | To reappoint Christopher Humphrey as a director | 35,875,050 | 98.86 | 414,103 | 1.14 | 600 |
10 | To reappoint Lorraine Rienecker as a director | 36,286,850 | 99.99 | 2,903 | 0.01 | 0 |
11 | To reappoint Mark Rollins as a director | 36,288,350 | 99.99 | 1,403 | 0.01 | 0 |
12 | To reappoint Caroline Thomson as a director | 36,286,250 | 99.99 | 3,503 | 0.01 | 0 |
13 | To reappoint KPMG LLP as auditor of the Company | 36,257,876 | 99.92 | 30,607 | 0.08 | 1,270 |
14 | To authorise Directors to determine the remuneration of the auditor | 36,289,753 | 100 | 0 | 0 | 0 |
15 | To renew the authority for Directors to allot relevant securities | 36,284,987 | 99.99 | 2,766 | 0.01 | 2,000 |
16 | To authorise Directors to allot relevant securities with the disapplication of pre-emption rights** | 36,281,128 | 99.98 | 6,625 | 0.02 | 2,000 |
17 | To renew the authority for the Company to make market purchases of its own shares** | 36,280,225 | 99.98 | 9,028 | 0.02 | 500 |
18 | To authorise Directors to call general meetings on 14 days' notice** | 36,240,523 | 99.86 | 49,230 | 0.14 | 0 |
19 | To authorise Directors to make political donations** | 29,541,824 | 99.12 | 263,185 | 0.88 | 6,484,744 |
** denotes a special resolution
The number of shares in issue as at the date of the 2017 Annual General Meeting is 44,744,200.
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 leading global provider of premium branded products and services to the fast changing and growing "image capture and sharing" market.
Vitec's customers include broadcasters, independent content creators, photographers and enterprises, and our activities comprise: design, manufacture and distribution of high performance products and software including camera supports, wireless systems, robotic camera systems, prompters, LED lights, mobile power, monitors and bags; and premium services including technical solutions, systems integration and equipment rental for TV production teams, film crews and enterprises.
We employ around 1,700 people across the world in ten different countries and are organised in two Divisions: Broadcast and Photographic.
The Vitec Group plc is listed on the London Stock Exchange with 2016 revenue of £376.2 million.
More information can be found at: www.vitecgroup.com.
LEI number: 2138007H5DQ4X8YOCF14