RNS Number : 8351Y
Macfarlane Group PLC
09 May 2023
 

9 May 2023

Macfarlane Group PLC

Result of Annual General Meeting

 

Macfarlane Group PLC confirms that shareholders passed all resolutions proposed at the Annual General Meeting held today.  The resolutions were as set out in the Notice of Meeting, as filed with the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and are also available on the company's website, www.macfarlanegroup.com.

Total number of shares in issue 158,337,000. Proxy appointments were received from shareholders of 82,297,785 shares (including votes withheld) amounting to 51.98% of the issued share capital.

All resolutions were passed on a poll with resolutions 1 to 12 passed as ordinary resolutions and resolutions 13 and 14 passed as special resolutions.

The following level of proxy appointments were lodged prior to the meeting:

 

Resolution and description

In Favour Votes


Against

Votes


Withheld

Votes


No.

%

No.

%

No.







1.   Adoption of the accounts

82,288,977

100.00%

3,808

0.00%

5,000

2.   Approval of the Remuneration Report

79,253,155

96.72%

2,686,025

3.28%

358,605

3.   Approval of Final Dividend

82,290,365

100.00%

2,420

0.00%

5,000

4.   Re-elect Aleen Gulvanessian

78,678,815

95.62%

3,608,070

4.38%

10,900

5.   Re-elect Peter D. Atkinson

82,249,164

99.95%

40,222

0.05%

8,399

6.   Re-elect Ivor Gray

82,244,364

99.95%

42,522

0.05%

10,899

7.   Re-elect Robert McLellan

78,383,785

95.26%

3,900,600

4.74%

13,400

8.   Re-elect James W.F. Baird

78,718,907

95.66%

3,567,978

4.34%

10,900

9.   Elect Laura Whyte

82,262,687

99.97%

24,199

0.03%

10,899

10.  Re-appoint Deloitte LLP as auditors

82,239,399

99.94%

45,950

0.06%

12,436

11.  Authorise the Directors to determine Auditor's remuneration

82,226,518

99.93%

58,831

0.07%

12,436

12.  Authority to allot unissued shares under S. 551 of the Companies Act 2006

82,142,633

99.83%

141,720

0.17%

13,432

13.  Authority to dis-apply pre-emption rights pursuant to S. 561 of the Companies Act 2006 for 5% of the issued share capital

82,183,631

99.87%

104,659

0.13%

9,495

14.  Authority to dis-apply pre-emption rights pursuant to  S. 561 of the Companies Act 2006 for an additional 5% of the issued share capital

82,191,430

99.88%

97,159

0.12%

9,196

 

A vote withheld is not a vote in law and is not counted in the calculation of the number or % of votes "For" or "Against" a resolution.

 

Further enquiries:

Macfarlane Group

Tel: 0141 333 9666


Peter Atkinson                  Chief Executive



Ivor Gray                             Finance Director





 

Spreng Thomson

Tel: 0141 548 5191


Callum Spreng

Mob: 07803 970103

 

Legal Entity Identifier (LEI):  213800LVRYDERSJAAZ73

 

 

Notes to Editors:

 

·    Macfarlane Group PLC has been listed on the Premium segment of the Main Market of the London Stock Exchange (LSE: MACF) since 1973 with over 70 years' experience in the UK packaging industry.

·    Through its two divisions, Macfarlane Group services a broad range of business customers, supplying them with high quality protective packaging products which help customers reduce supply chain costs, improve operational efficiencies, support their sustainability objectives and enhance their brand presentation. The divisions are:

Packaging Distribution - Macfarlane Packaging Distribution is the leading UK distributor of a comprehensive range of protective packaging products; and

Manufacturing Operations - Macfarlane Design and Manufacture who design and produce protective packaging for high value and fragile products.

·    Headquartered in Glasgow, Scotland, Macfarlane Group employs over 1,000 people at 39 sites, principally in the UK, as well as in Ireland, Germany and the Netherlands.

·    Macfarlane Group supplies more than 20,000 customers, principally in the UK and Europe.

 ·    In partnership with 1,700 suppliers, Macfarlane Group distributes and manufactures 600,000+ lines across a wide range of sectors, including: retail e-commerce; consumer goods; food; logistics; mail order; electronics; defence, automotive and aerospace.

 

 

 

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