Thursday 9 December 2021
Volution Group plc
Results of Annual General Meeting
Volution Group plc ("Volution", the "Group" or the "Company", LSE: FAN), a leading international designer and manufacturer of energy efficient indoor air quality solutions, announces that all resolutions put to the Annual General Meeting held at 12:00 noon on 9 December 2021 were duly passed on a poll. The results of the poll, incorporating the proxy votes lodged in advance of the meeting, are set out below.
| Resolution
| FOR 1 | AGAINST | WITHHELD 2 | % OF TOTAL VOTES IN FAVOUR | |||
|
| Number of votes | % of votes cast | Number of votes | % of votes cast | Number of votes | ||
| 01 | Annual Report and Accounts | 166,602,333 | 99.81% | 315,247 | 0.19% | 1,736,855 | 99.81% |
| 02 | Directors' Remuneration Report | 164,769,907 | 97.70% | 3,880,862 | 2.30% | 3,666 | 97.70% |
| 03 | Final Dividend | 168,654,275 | 99.99% | 160 | 0.01% | 0 | 99.99% |
| 04 | Re-elect Paul Hollingworth | 162,269,000 | 96.21% | 6,385,435 | 3.79% | 0 | 96.21% |
| 05 | Re-elect Ronnie George | 166,423,475 | 98.68% | 2,230,960 | 1.32% | 0 | 98.68% |
| 06 | Re-elect Nigel Lingwood | 163,480,982 | 96.93% | 5,173,453 | 3.07% | 0 | 96.93% |
| 07 | Re-elect Amanda Mellor | 164,083,504 | 98.23% | 2,957,912 | 1.77% | 1,613,019 | 98.23% |
| 08 | Re-elect Andy O'Brien | 166,402,702 | 98.66% | 2,251,733 | 1.34% | 0 | 98.66% |
| 09 | Re-elect Claire Tiney | 165,711,375 | 98.25% | 2,943,060 | 1.75% | 0 | 98.25% |
| 10 | Re-appoint auditor | 167,037,470 | 99.04% | 1,616,965 | 0.96% | 0 | 99.04% |
| 11 | Remuneration of auditor | 164,378,750 | 99.98% | 38,868 | 0.02% | 1,500 | 99.98% |
| 12 | Authority to incur political donations | 158,249,971 | 96.25% | 6,160,068 | 3.75% | 9,079 | 96.25% |
| 13 | Authority to allot shares | 148,981,181 | 90.61% | 15,437,937 | 9.39% | 0 | 90.61% |
| 14 3 | Authority to disapply pre-emption rights | 163,025,044 | 99.15% | 1,393,491 | 0.85% | 583 | 99.15% |
| 15 3 | Authority to call a general meeting on 14 clear days' notice | 155,269,087 | 94.43% | 9,150,031 | 5.57% | 0 | 94.43% |
Notes:
1. Any proxy appointments giving discretion to the Chairman of the Meeting have been included in the "For" totals above.
2. A vote "Withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" a resolution.
3. Indicates Special Resolutions requiring a 75% majority to be passed.
4. The Company's total ordinary shares in issue as at 9 December 2021, was 200,000,000 ordinary shares of 1 pence each, of which 1,933,754 ordinary shares are held as Treasury Shares. Therefore, the total voting rights are 198,066,246 ordinary shares (ordinary shareholders are entitled to one vote per ordinary share held).
5. The proxy votes received, including votes withheld, amount to 85.15% of the total voting rights.
In accordance with Listing Rule 9.6.2, copies of the resolutions passed (other than those concerning ordinary business) will shortly be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
The Notice of Annual General Meeting 2021 together with the Annual Report and Accounts 2021 can be found on the Company's website at: www.volutiongroupplc.com
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Enquiries:
Volution Group plc
Michael Anscombe, Company Secretary +44 (0) 1293 441662
Legal Entity Identifier: 213800EPT84EQCDHO768
Notes to Editors:
Volution Group plc (LSE: FAN) is a leading international designer and manufacturer of energy efficient indoor air quality solutions. Volution Group comprises 19 key brands across three regions:
UK: Vent-Axia, Manrose, Diffusion, National Ventilation, Airtech, Breathing Buildings, Torin-Sifan.
Continental Europe: Fresh, PAX, VoltAir, Kair, Air Connection, Rtek, inVENTer, Ventilair, ClimaRad, ERI Corporation.
Australasia: Simx, Ventair, Manrose.
For more information, please go to: www.volutiongroupplc.com
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