Source - LSE Regulatory
RNS Number : 7467C
Victorian Plumbing Group plc
24 February 2022
 

24 February 2022

 

Victorian Plumbing Group plc

("Victorian Plumbing" or the "Company")

 

Result of 2022 Annual General Meeting

("AGM")

 

Victorian Plumbing Group plc (AIM: VIC), the UK's leading online retailer of bathroom products and accessories, 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 2021.

300,226,900

100.00%

13,687

0.00%

68,242

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

298,465,174

99.39%

1,832,316

0.61%

11,339

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

298,468,087

99.39%

1,829,403

0.61%

11,339

4. To approve the directors' remuneration report.

299,793,618

99.84%

484,299

0.16%

30,912

5. To approve the directors' remuneration policy.

297,423,713

99.05%

2,854,204

0.95%

30,912

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

294,073,055

97.93%

6,203,993

2.07%

31,781

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

300,023,501

99.92%

253,547

0.08%

31,781

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

299,985,662

99.90%

291,386

0.10%

31,781

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

300,028,713

99.92%

248,335

0.08%

31,781

10. To re-elect as a director Kath Smith.

300,028,713

99.92%

248,335

0.08%

31,781

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

299,043,803

99.59%

1,233,799

0.41%

31,227

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

300,248,689

99.99%

28,863

0.01%

31,277

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

300,249,643

99.99%

27,909

0.01%

31,277

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

300,289,869

100.00%

1,000

0.00%

17,960

 

*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 24 February was 325,062,985 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

Rich Monaghan, Director of Finance

via FTI Consulting

+44 20 3727 1000



FTI Consulting (Financial PR)

Alex Beagley

Eleanor Purdon

Sam Macpherson

 

+44 20 3727 1000

VictorianPlumbing@fticonsulting.com

Houlihan Lokey UK Ltd (Nominated Adviser)

Sam Fuller, Tim Richardson, Paul Lines

+44 20 7484 4040



Barclays Bank PLC (Joint Broker)

Nicola Tennent, Stuart Muress

+44 20 7623 2323



Numis Securities Limited (Joint Broker)

Luke Bordewich, Tom Jacob, Oliver Steele 

+44 20 7260 1000



 

About Victorian Plumbing Group

 

Victorian Plumbing is the UK's leading online retailer of bathroom products and accessories, offering a wide range of over 24,000 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 focus on online channels to drive significant and growing traffic to its website.

 

Headquartered in Skelmersdale, Lancashire, the Group employs over 500 staff across seven locations in Skelmersdale, Manchester and Birmingham.

 

 

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END
 
 
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