RNS Number : 2885Z
Polypipe Group PLC
25 May 2016
 

POLYPIPE GROUP PLC

(the "Company")

 

Results of Annual General Meeting and Board Update

 

25 May 2016

 

Polypipe Group plc announces that at the Annual General Meeting ("AGM") of the Company held today, all the Resolutions contained in the Notice of AGM were duly passed on a show of hands. 

The total number of proxy votes received in respect of each such resolution 48 hours prior to the

meeting is set out below.

 

Resolution  (No. as noted on proxy form)

Shares

For

%

Shares

Against

%

Shares Marked As Votes Withheld / Abstentions

1. To receive the accounts for year end 31 December 2015

145,703,616

99.94%

59,734

0.04%

1,374,312

2. Approve Directors' Remuneration Report for year ended 31 December 2015

139,544,564

95.95%

5,860,276

4.03%

1,732,822

3. Approve a final dividend of 5.5 pence per Ordinary Share

147,137,662

99.98%

0

0

0

4. Re-election of Mr David Hall as a Director 

140,255,400

95.3%

6,881,865

4.68%

397

5. Re-election of Mr Ron Marsh as a Director

143,086,422

99.66%

459,522

0.32%

3,591,718

6. Re-election of Mrs Moni Mannings as a Director

146,786,102

99.74%

351,560

0.24%

0

7. Re-election of Mr Paul Dean as a Director

147,136,865

99.97%

400

0.01%

397

8. Re-election of Mr Mark Hammond as a Director

146,325,067

99.43%

811,798

0.55%

397

9. Election of Mr Martin Payne as a Director

147,136,865

99.97%

400

0.01%

397

10. Re-Appointment of Ernst & Young LLP as Auditor

147,136,865

99.97%

400

0.01%

397

11. Authorise Directors to agree Auditor's remuneration

147,136,465

99.97%

800

0.01%

397

12. Authority to allot shares

146,456,453

99.52%

680,812

0.46%

397

13. Dis-application of pre-emption rights

144,378,870

98.11%

2,757,395

1.87%

1,397

14. Market purchase of shares

147,013,593

99.9%

124,069

0.08%

0

15. General meeting called on not less than 14 clear days' notice

140,208,260

95.27%

6,929,029

4.71%

0

 

In accordance with Listing Rule 9.6.2 copies of all resolutions passed as Special Resolutions at the Meeting will be submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/nsm.

These resolutions will also available on the Polypipe Group website at http://investors.polypipe.com.

Board Update

As previously announced, Peter Shepherd retired as Chief Financial Officer of the Company at the conclusion of the AGM. Following his election as a director at the AGM, Martin Payne has today been appointed Chief Financial Officer of the Company. As already disclosed Martin Payne was previously Group Finance Director at Norcros plc. No further information is required to be disclosed pursuant to LR 9.6.13 R.

 

 

For further enquiries, please contact:

 

 

David Hall,

Chief Executive Officer

 

Martin Payne

Chief Financial Officer

 

44 (0) 1709 770 000

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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