Source - LSE Regulatory
RNS Number : 8526P
Alumasc Group PLC
21 October 2021
 

21 October 2021

 

The Alumasc Group plc 

("Alumasc", "Group" or the "Company")

 

DIRECTORATE CHANGE AND RESULTS OF AGM

 

 

Alumasc, the premium building products, systems and solutions group, announces that at the Annual General Meeting held earlier today at Station Road, Burton Latimer, Northamptonshire, NN15 5JP, all resolutions put to shareholders were duly passed.  Full voting details are set out below.

 

Resolution 4 was withdrawn from today's AGM agenda following Jon Pither's decision not to seek re-election on health grounds.  On this basis Jon has stepped down from the board with immediate effect.

 

Commenting on this John McCall, Group Chairman, said:

 

"Jon has been a Non-Executive Director of Alumasc for 29 years and has seen the company through many phases of public life.  His contribution in both good and difficult times has been immense and his support unhesitating.  His exceptional breadth of experience has enabled him to engage in all aspects of Alumasc business and development and his business sense has been greatly valued.  He leaves Alumasc in a position of strength that owes a major debt to his input and governance.  His colleagues at Alumasc warmly wish him a very happy retirement."

 

 

The results of the meeting on a poll were as follows:

 











VOTES

FOR

% OF

VOTES

FOR

VOTES

AGAINST

% OF

VOTES

AGAINST

VOTES

WITHHELD1

TOTAL VOTES

VALIDLY

CAST

1

To receive the reports of the Directors and Auditor and the accounts

for the year ended 30 June 2021

16,397,422

100.00%

246

0.00%

9,859

16,397,668

2

To receive the report of the Remuneration Committee for the year ended 30 June 2021

16,383,262

99.88%

20,011

0.12%

4,254

16,403,273

3

To declare a final dividend of 6.25 pence per share

16,407,273

100.00%

0

0.00%

254

16,407,273

4

To re-elect Jon Pither as a Director

Resolution Withdrawn

5

To elect Simon Dray as a Director

16,367,876

99.79%

34,371

0.21%

5,280

16,402,247

6

To re-appoint BDO LLP as Auditor of the Company to hold office until the conclusion

of the next AGM

16,394,228

99.94%

9,881

0.06%

3,418

16,404,109

7

That the Audit Committee be authorised to determine the Auditor's remuneration

15,559,971

94.94%

829,743

5.06%

17,813

16,389,714

8

To authorise the renewal of Directors' authorities to allot shares

16,389,267

99.95%

7,401

0.05%

10,859

16,396,668

9

To authorise the Directors to disapply pre-emption rights: General (special resolution)

16,347,336

99.71%

47,230

0.29%

12,961

16,394,566

10

To authorise the disapplication of statutory pre-emption rights:

Acquisition or capital investment (special resolution)

16,345,258

99.65%

57,308

0.35%

4,961

16,402,566

11

To authorise the Company's authority to purchase its own shares (special resolution)

15,912,207

99.78%

34,462

0.22%

460,858

15,946,669

 

Notes:

1.   A vote 'withheld' is not a vote in English Law and not counted in the calculation of votes cast 'for' or 'against' a resolution.

 

 

ENDS

 

Enquiries:

The Alumasc Group plc

+44 (0) 1536 383 844

Paul Hooper (Chief Executive)


Helen Ashton (Group Company Secretary)

 

+44 (0) 1536 383812



finnCap Ltd (Nomad)

+44 (0) 207 220 0500

Julian Blunt


Edward Whiley




Peel Hunt LLP (Broker)

+44 (0) 207 418 8831

Mike Bell


Ed Allsopp




 

Camarco


 

Ginny Pulbrook

  +44 (0) 203 757 4992

 

Dan Sherwen

  +44 (0) 203 781 9241

 


  email: alumasc@camarco.co.uk 

The Alumasc Group plc
Burton Latimer, Kettering, Northants NN15 5JP

LEI:  2138002MV11VKZFJ4359

About Alumasc:

Alumasc is a UK-based supplier of premium building products, systems and solutions. Almost 80% of group sales are driven by building regulations and specifications (architects and structural engineers) because of the performance characteristics offered.

The Group has three business segments with strong positions and brands in their individual markets. The three segments are: Building Envelope; Water Management; and Housebuilding Products.

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