RNS Number : 6570M
Trifast PLC
15 September 2023
 

Friday 15 September 2023

 

 

Trifast plc

(Trifast or Company)

 

Leading international specialists in the engineering, manufacture, and distribution

of high quality industrial fastenings and Category 'C' components principally to major global assembly industries

 

 

RESULTS OF VOTING AT THE ANNUAL GENERAL MEETING (AGM)

 

Trifast plc ('the Company') announces that at today's AGM, all resolutions* put to the Meeting and contained in the Notice of Meeting (NOM) dated 18 July 2023, and previously members on the register, were duly passed.  

The result of the Poll is set out below:

RESOLUTIONS

VOTES

FOR

%

VOTES

AGAINST

%

VOTES TOTAL

%

of ISC

VOTES WITHELD

ORDINARY RESOLUTIONS

 

 

 

 

 

 

 

Resolution 1

To consider the Company's Annual Report and Financial Statements and the reports of the Directors and Auditors for the year ended 31 March 2023.

 

98,216,740

100.00%

504

0.00%

98,217,244

72.16%

8,935

Resolution 2

To receive and approve the Directors' Remuneration Report contained in the Annual Report.

 

78,382,028

79.99%

19,605,842

20.01%

97,987,870

71.99%

238,309

Resolution 3

To receive and approve the Directors' Remuneration Policy contained in the Annual Report.

 

78,652,403

80.23%

19,380,051

19.77%

98,032,454

72.03%

193,725

Resolution 4

To declare a final dividend of 1.50p per share.

 

98,226,179

100.00%

0

0,00%

98,226,179

72.17%

0

Resolution 6

To re-elect Scott Mac Meekin as a Director.

 

98,011,457

99.79%

202,422

0.21%

98,213,879

72.16%

12,300

Resolution 7

To re-elect Clive Watson as a Director.

97,238,189

99.06%

922,690

0.94%

98,160,879

72.12%

65,300

Resolution 8

To re-elect Claire Balmforth as a Director.

 

78,778,211

80.25%

19,384,603

19.75%

98,162,814

72.12%

63,365

Resolution 9

To elect Darren Hayes-Powell as a Director.

98,143,020

99.93%

63,859

0.07%

98,206,879

72.16%

19,300

Resolution 10

To elect Louis Eperjesi as a Director.

 

98,018,457

99.99%

10,011

0.01%

98,028,468

72.02%

197,711

Resolution 11

To appoint BDO LLP as auditor of the Company to hold office until the next general meeting.

98,207,478

100%

2,498

0.00%

98,209,976

72.16%

16,203

Resolution 12

To authorise the Directors to fix the remuneration of the auditor.

 

98,212,706

99.99%

11,538

0.01%

98,224,244

72.17%

1,935

Resolution 13

To allow the Directors authority to allot shares.

78,884,324

80.31%

19,339,920

19.69%

98,224,244

72.17%

1,935

SPECIAL RESOLUTIONS








Resolution 14

To allow the Directors authority for disapplication of pre-emption rights.

 

79,108,868

80.54%

19,115,376

19.46%

98,224,244

72.17%

1,935

Resolution 15

To allow the Directors authority for disapplication of pre-emption rights for an acquisition or capital investment.

79,173,436

80.60%

19,050,808

19.40%

98,224,244

72.17%

1,935

Resolution 16

To authorise the Company to make market purchases of its own shares.

97,150,483

99.94%

57,502

0.06%

97,207,985

71.42%

1,018,194

Resolution 17

That a general meeting other than an Annual General Meeting may be called on not less than 14 clear days' notice.

 

97,298,474

99.06%

919,294

0.94%

98,217,768

72.16%

8,411

 

 

Voting

*Following the Company's announcement on 10 August 2023 regarding the Directorate change, Resolution 5 was withdrawn and therefore did not require a vote by Members.

 

Dividend

Following approval by shareholders, a final dividend of 1.50p will be paid on 13 October 2023 to Members on the register at the close of business on 29 September 2023.  The ordinary shares will become ex-dividend on 28 September 2023.

 

 

 

 

Enquiries to

Christopher Morgan, Company Secretary

Trifast plc

Office: +44 (0) 1825 747630

Email: Companysecretariat@trifast.com

 

 

 

 

 

Notes:

 

The AGM was compliant with legal requirements for the AGM in accordance with the Company's Articles of Association.

 

The 'for' vote includes those giving discretion to the Chair. A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.

 

As detailed in the NOM, Shareholders were able to submit any questions regarding the business prior to the Meeting via the Company Secretariat Office.  No questions relating to the Resolutions were submitted ahead of the AGM by shareholders. Questions were put to the Board from the room and via the viewing platform Investor Meet Company (IMC). These are contained within the recording of the event which will be uploaded to the Company website in due course.

 

At 15 September 2023 there were 136,104,935 Trifast plc ordinary shares of 5p each in issue (ISC). Ordinary shareholders are entitled to one vote per share held.

 

The Annual Report together with ancillary documents are available to view and download on the Company's website at Trifast plc | Our reports

 

The 2023 Annual Report and Financial Statements for the period ended 31 March 2023, together with the Notice of AGM, were also, in accordance with Listing Rule 9.6.1, submitted on to the FCA document viewing facility at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

 

In accordance with Listing Rule 9.6.2R, a copy of the resolutions passed as Special Business at the AGM will also be submitted to the FCA document viewing facility at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.  This information will also be found on the Company's website at Trifast plc | Shareholder meetings

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