Norcros shareholders approve all resolutions at annual meeting

Published 23/07/2025, 12:08
Norcros shareholders approve all resolutions at annual meeting

LONDON - Norcros plc (LSE:NXR) announced Wednesday that shareholders approved all resolutions presented at its Annual General Meeting held on July 23, 2025.

According to a company statement, the building products group’s shareholders voted overwhelmingly in favor of all proposed measures, with most resolutions receiving over 99% approval.

Among the key items approved was a final dividend of 6.9 pence per ordinary share for the year ended March 31, 2025, which received unanimous support with 100% of votes cast in favor.

Shareholders also approved the company’s financial statements and the Directors’ Remuneration Report, with 99.90% and 99.43% of votes in favor, respectively.

All six directors standing for re-election were approved by shareholders, with approval ratings ranging from 96.73% for Chairman Steve Good to 99.95% for Rebecca DeNiro.

Other approved resolutions included the re-appointment of BDO LLP as auditor, authorization for directors to allot shares, and special resolutions to disapply pre-emption rights under specific circumstances.

The resolution granting authority for the company to purchase its own shares received 99.88% approval, while the measure allowing general meetings to be called on 14 days’ notice passed with 99.73% support.

Norcros reported that its issued share capital consists of 89,947,975 ordinary shares, each carrying one vote.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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