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| Date | 22 Jun 2022 |
| Time | 11:22:44 |
| Category | AGMs and other meetings |
| ID | 8110P |
22 June 2022
Vertu Motors plc ("Vertu Motors" or "Company")
Result of AGM
Vertu Motors plc, the UK automotive retailer with a network of 160 sales and aftersales outlets across the UK, announces that all resolutions put to shareholders at the Annual General Meeting held earlier today were duly passed and the proxy voting results are set out below.
|
|
In Favour |
|
|
Against |
|
Withheld |
|||
|
Resolution |
Votes |
% age |
Votes |
% age |
Votes |
||||
|
1 |
Annual Report and Accounts |
159,839,488 |
99.51 |
|
|
787,061 |
0.49 |
|
706,743 |
|
2 |
Reappointment of Auditors |
159,752,537 |
99.04 |
|
|
1,556,426 |
0.96 |
|
24,329 |
|
3 |
Auditors' Remuneration |
160,954,602 |
99.97 |
|
|
54,646 |
0.03 |
|
324,044 |
|
4 |
Dividend |
133,513,622 |
82.77 |
|
|
27,793,494 |
17.23 |
|
26,176 |
|
5 |
Re-election of Andrew Goss |
133,414,520 |
82.71 |
|
|
27,892,596 |
17.29 |
|
26,176 |
|
6 |
Re-election of Karen Anderson |
161,309,928 |
99.99 |
|
|
20,615 |
0.01 |
|
2,749 |
|
7 |
Remuneration Report |
151,328,925 |
93.80 |
|
|
10,000,414 |
6.20 |
|
3,953 |
|
8 |
Authority to Allot |
157,905,880 |
98.23 |
|
|
2,841,770 |
1.77 |
|
585,642 |
|
9 |
Disapplication of Pre-Emption |
145,402,772 |
90.14 |
|
|
15,898,934 |
9.86 |
|
31,586 |
|
10 |
Pre-emption on acquisitions |
160,055,549 |
99.21 |
|
|
1,267,420 |
0.79 |
|
10,323 |
|
11 |
Purchase of Own Shares |
154,451,329 |
99.48 |
|
|
809,773 |
0.52 |
|
6,072,190 |
- Ends -
For further information please contact:
|
Vertu Motors plc |
|
|
Robert Forrester, CEO |
Tel: 0191 491 2121 |
|
Karen Anderson, CFO |
Tel: 0191 491 2121 |
|
Zeus Capital Limited |
|
|
Jamie Peel Andrew Jones Dominic King |
Tel: 020 3829 5000 |
|
Camarco |
|
|
Billy Clegg Tom Huddart |
Tel: 020 3757 4983 |
Notes to Editors
Vertu Motors is the fifth largest automotive retailer in the UK with a network of 160 sales outlets across the UK. Its dealerships operate predominantly under the Bristol Street Motors, Vertu, Macklin Motors brand names.
Vertu Motors was established in November 2006 with the strategy to consolidate the UK motor retail sector. It is intended that the Group will continue to acquire motor retail operations to grow a scaled dealership group. The Group's acquisition strategy is supplemented by a focused organic growth strategy to drive operational efficiencies through its national dealership network. The Group currently operates 156 franchised sales outlets and 4 non-franchised sales operations from 121 locations across the UK.
Vertu's Mission Statement is to "deliver an outstanding customer motoring experience through honesty and trust".
Vertu Motors Group websites - https://investors.vertumotors.com/ /www.vertucareers.com
Vertu brand websites - www.vertumotors.com / www.bristolstreet.co.uk / www.vertuhonda.com / www.vertutoyota.com / www.macklinmotors.co.uk / www.vertumotorcyles.com