FTSE 100: Index falls as earnings results weigh; pound below $1.33, Bodycote soars
LONDON - Victorian Plumbing Group PLC (AIM: VIC), the UK’s leading bathroom retailer, announced that its shareholders have passed all resolutions presented at the company’s Annual General Meeting (AGM). The AGM, which took place earlier today, saw a unanimous decision to adopt the annual accounts for the financial year ended September 30, 2024, among other resolutions.
The resolutions included the reappointment of Ernst & Young LLP as auditors, with the directors authorized to determine their remuneration, and the approval of the directors’ remuneration policy. A final dividend of 1.09 pence per ordinary share for the year was also declared.
Shareholders re-elected Philip Bowcock, Mark Radcliffe, Daniel Barton, Damian Sanders, and Dianne Walker as directors of the company. Additionally, resolutions to authorize the directors to allot relevant securities and to disapply pre-emption rights were passed as special resolutions.
The votes for the directors’ remuneration policy showed 88.71% in favor, while the re-election of Philip Bowcock as a director had 98.50% votes in favor. All other resolutions were passed with at least 99.70% of votes in favor. Votes withheld, as stated in the press release, are not counted in the calculation of the percentage of shares voted for or against.
The number of shares in issue as of the date of the AGM was 327,474,016, and there were no shares held in treasury. The full text of the resolutions passed at the AGM can be found on the company’s website.
This news is based on a press release statement from Victorian Plumbing Group PLC.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.