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Vertu Motors plc announced on 25 June 2025 that all 16 resolutions proposed at its Annual General Meeting were duly passed by shareholders. The proxy voting results showed approval percentages for these resolutions ranging from 96.27% to 99.99%.
| Date | 25 Jun 2025 |
| Time | 11:01:34 |
| Category | AGMs and other meetings |
| ID | 3783O |
25 June 2025
Vertu Motors plc ("Vertu Motors" or "Company")
Result of AGM
Vertu Motors plc, the UK automotive retailer with a network of 197 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 |
155,966,610 |
99.74 |
|
403,215 |
0.26 |
|
542,046 |
|
2 |
Reappointment of Auditors |
155,321,497 |
98.99 |
|
1,578,682 |
1.01 |
|
11,692 |
|
3 |
Auditors' Remuneration |
156,878,986 |
99.98 |
|
28,292 |
0.02 |
|
4,593 |
|
4 |
Dividend |
156,910,554 |
99.99 |
|
429 |
0.01 |
|
888 |
|
5 |
Re-election of Karen Anderson |
156,061,155 |
99.46 |
|
849,356 |
0.54 |
|
1,360 |
|
6 |
Election of Amanda Cox |
156,629,768 |
99.85 |
|
230,750 |
0.15 |
|
51,353 |
|
7 |
Re-election of David Crane |
155,863,476 |
99.36 |
|
997,035 |
0.64 |
|
51,360 |
|
8 |
Re-election of Robert Forrester |
156,157,088 |
99.52 |
|
753,888 |
0.48 |
|
895 |
|
9 |
Re-election of David Gillard |
155,970,842 |
99.40 |
|
939,676 |
0.60 |
|
1,353 |
|
10 |
Re-election of Andrew Goss |
151,057,352 |
96.27 |
|
5,853,166 |
3.73 |
|
1,353 |
|
11 |
Re-election of Jonathan Mewett |
156,365,619 |
99.65 |
|
544,899 |
0.35 |
|
1,353 |
|
12 |
Remuneration Report |
155,316,302 |
99.47 |
|
823,003 |
0.53 |
|
772,566 |
|
13 |
Authority to Allot |
156,265,476 |
99.63 |
|
582,500 |
0.37 |
|
63,895 |
|
14 |
Disapplication of Pre-Emption |
156,357,035 |
99.69 |
|
487,415 |
0.31 |
|
67,421 |
|
15 |
Pre-emption on Acquisitions |
156,012,697 |
99.47 |
|
831,753 |
0.53 |
|
67,421 |
|
16 |
Purchase of Own Shares |
152,114,295 |
99.96 |
|
67,953 |
0.04 |
|
4,729,623 |
- Ends -
|
Vertu Motors plc |
Tel: +44 (0) 191 491 2121 |
|
Robert Forrester, CEO Karen Anderson, CFO Phil Clark, Investor Relations |
|
|
|
|
|
Stifel (Nominated Adviser and Joint Broker) |
Tel: +44 (0) 207 710 7688 |
|
Matthew Blawat Nick Harland |
|
|
|
|
|
Shore Capital (Joint Broker) |
Tel: +44 (0) 20 7408 4090 |
|
Mark Percy / Sophie Collins (Corporate Advisory) Isobel Jones (Corporate Broking) |
|
|
|
|
|
Camarco |
Tel: +44 (0) 203 757 4980 |
|
Billy Clegg Tom Huddart |
|
Notes to Editors
Vertu Motors is the fourth largest automotive retailer in the UK with a network of 197 sales outlets across the UK.
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 195 franchised sales outlets and 2 non-franchised sales operations from 153 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.vertuhonda.com / www.vertutoyota.com / www.vertumotorcycles.com