RNS Number : 6922R
Victorian Plumbing Group plc
02 March 2023
 

2 March 2023

 

Victorian Plumbing Group plc

("Victorian Plumbing" or the "Company")

 

Result of 2023 Annual General Meeting

("AGM")

 

Victorian Plumbing Group plc (AIM: VIC), the UK's leading online specialist bathroom retailer, announces that all of the resolutions set out in the Notice of AGM were passed by the requisite majority at the Company's AGM, held earlier today.

 

Details of the poll votes received for each resolution are as follows:

 

Resolution

For

Against

Withheld


No. of votes

%

No. of votes

%

No. of votes

1. To receive and adopt the Company's annual accounts for the financial year ended 30 September 2022.

302,063,841

100.00%

0

0.00%

50

2. To re-appoint Ernst & Young LLP as the Company's auditor.

301,976,279

100.00%

6,562

0.00%

81,050

3. To authorise the directors to determine the remuneration of the Company's auditors.

301,980,934

100.00%

1,907

0.00%

81,050

4. To declare a final dividend of 1.1 pence per ordinary share for the year ended 30 September 2022.

302,054,971

100.00%

8,870

0.00%

50

5. To declare a special dividend of 1.7 pence per ordinary share.

302,054,971

100.00%

8,870

0.00%

50

6. To re-elect as a director Philip Bowcock.

267,653,075

97.98%

5,527,484

2.02%

28,883,332

7. To re-elect as a director Mark Radcliffe.

302,060,591

100.00%

2,250

0.00%

1,050

8. To re-elect as a director Paul Meehan.

301,981,939

100.00%

902

0.00%

81,050

9. To re-elect as a director Damian Sanders.

299,755,357

99.26%

2,227,484

0.74%

81,050

10. To elect Dianne Walker as a director of the Company.

299,755,622

99.26%

2,227,219

0.74%

81,050

11. To authorise the directors to exercise all powers of the Company to allot Relevant Securities.

301,958,940

99.97%

99,901

0.03%

5,050

12. To authorise the directors to disapply pre-emption rights.*

301,931,395

99.96%

126,446

0.04%

6,050

13. To authorise the directors to disapply additional pre-emption rights.*

301,929,782

99.96%

126,711

0.04%

7,398

14. To authorise the directors to make market purchases.* 

301,976,132

99.97%

87,709

0.03%

50

 

*Special resolution

 

 

Notes:

 

1.

Proxy appointments which gave discretion to the Chairman of the AGM have been included in "For" total for the appropriate resolution.

2.

Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.

3.

A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against".

4.

The number of shares in issue on 2 March was 325,227,984 with no shares in treasury.

5.

The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at https://www.victorianplumbingplc.com/investors/.

 


-ENDS-

 

For further information, please contact:

 

Victorian Plumbing Group plc

Mark Radcliffe, Chief Executive Officer

Paul Meehan, Chief Financial Officer

Daniel Barton, Director of Finance and Company Secretary

via FTI Consulting

+44 20 3727 1000



FTI Consulting (Financial PR)

Alex Beagley

Eleanor Purdon

Harriet Jackson

Amy Goldup


+44 20 3727 1000

VictorianPlumbing@fticonsulting.com

Houlihan Lokey UK Ltd (Nominated Adviser)

Sam Fuller, Tim Richardson

+44 20 7484 4040



Barclays Bank PLC (Joint Broker)

Nicola Tennent, Stuart Muress

 +44 20 7623 2323



Numis Securities Limited (Joint Broker)

Luke Bordewich, Oliver Steele 

 +44 20 7260 1000

 


 

About Victorian Plumbing Group

 

Victorian Plumbing is the UK's leading online specialist bathroom retailer, offering a wide range of over 32,000 products to B2C and trade customers. Victorian Plumbing offers its customers a one-stop shop solution for the entire bathroom with more than 125 own and third-party brands across a wide spectrum of price points.

 

The Group's product design and supply chain strengths are complemented by its creative and brand-focused marketing strategy, which predominantly focuses on online channels to drive significant and growing traffic to its website.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
RAGEAEDAESEDEFA