TIDMGTLY
RNS Number : 5077Q
Gateley (Holdings) PLC
18 October 2023
18 October 2023
GATELEY (HOLDINGS) PLC
("Gateley" or the "Company")
AIM: GTLY
Result of AGM
At the Annual General Meeting of Gateley, held yesterday at
12.30pm, all the resolutions, other than resolution 10, which was a
special resolution requiring over 75%, to amend the Company's
Articles of association in order to allow virtual AGMs, were passed
on a poll. The result of the poll voting (including all proxies) is
detailed below.
Resolution Votes Votes Votes
For* Against Withheld
To receive the audited accounts
1. of the Company 49,490,185 226 0
To approve the Directors' Remuneration
2. Report 47,103,067 2,348,328 39,016
3. To declare a final dividend 49,490,411 0 0
To reappoint Roderick Richard
4. Waldie as a Director 47,228,492 2,210,053 51,866
To reappoint Nigel Terrence Payne
5. as a Director 46,672,455 2,266,090 551,866
To appoint Colin Robert Jones
6. as a Director 47,069,575 2,282,309 138,527
To appoint MacIntyre Hudson LLP
7. as auditors of the Company 49,456,544 6,107 27,760
To authorise the Directors to
8. fix the remuneration of the auditors 49,401,966 85,462 2,983
To authorise the Directors to
9. allot relevant securities 46,835,472 2,286,675 368,264
10. To adopt new articles of association** 21,695,123 21,169,863 6,625,425
To authorise the Directors to
11. allot equity securities for cash** 44,087,826 5,043,681 358,904
To authorise the Directors to
allot equity securities for an
12. acquisition or capital investment** 43,605,034 5,528,934 356,443
To authorise the Company to purchase
13. its own shares** 48,488,358 96,610 905,443
To authorise the rectification
14. of historic dividends** 49,468,889 522 21,000
To authorise the reduction of
15. capital** 49,456,095 31,333 2,983
* Any proxy appointments, which gave discretion to the Chairman
have been included in the 'For' votes total.
** Special resolution
Nigel Payne, Chairman of Gateley, said:
"The board is delighted that all resolutions, other than
resolution 10, passed at yesterday's AGM. The board notes, with
disappointment, the votes against resolution 10, being the board's
resolution to amend the Company's Articles to allow virtual AGMs to
take place. In the board's opinion, virtual AGMs are
environmentally friendly, provide easier access to a broader range
of shareholders and are commensurate with Gateley's ESG policies
and responsible business principles. The board was keen to adopt
this change with these factors in mind, particularly given that the
attendance by external shareholders at the last four AGMs has been
less than one person on average. The board will consider over the
coming months if it intends to re-introduce the resolution at next
year's AGM and if so, it will consult shareholders accordingly.
"The board also notes that a number of shareholders seem to have
followed the direction from unregulated proxy voting advisers on
this resolution without any consultation with the company. The
board wishes to thank those shareholders that communicated directly
with the company on this issue and would encourage all shareholders
to so engage in future and not to simply follow unregulated
advice."
Enquiries:
Gateley (Holdings) Plc
Neil Smith, Chief Financial Officer Tel: +44 (0) 121 234
0196
Nick Smith, Acquisitions Director and Tel: +44 (0) 20 7653
Head of Investor Relations 1665
Cara Zachariou, Communications Director Tel: +44 (0) 121 234
0074 Mob: +44 (0) 7703
684 946
Liberum - Nominated Adviser and Broker Tel: +44 (0) 20 3100
Richard Lindley/Ben Cryer/Cara Murphy 2000
Belvedere Communications Limited - Financial
PR
Cat Valentine (cvalentine@belvederepr.com) Mob: +44 (0) 7715 769
078
Keeley Clarke (kclarke@belvederepr.com) Mob: +44 (0) 7967 816
525
Llew Angus (langus@belvederepr.com) Mob: +44 (0) 7407 023
147
gateleypr@belvederepr.com
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END
RAGUWRNRORURARA
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