09.12.16

Volution Group plc (the “Company”, LSE: FAN) a leading supplier of ventilation products to the residential and commercial construction markets, announces that all resolutions put to the Annual General Meeting held at 12.00 noon on 9 December 2016 at Norton Rose Fulbright LLP, 3 More London Riverside, London SE1 2AQ, were duly passed on a poll. The results of the poll, incorporating the proxy votes lodged in advance of the meeting, are set out below.

Resolution

FOR 1

AGAINST

WITHHELD 2

TOTAL VOTE

 

Number of votes

% of votes cast

Number of votes

% of votes cast

Number of votes

Number of votes

01

Annual Report and Accounts

176,644,910

100.00%

0

0.00%

0

176,644,910

02

Directors’ Remuneration Report

167,666,621

99.99%

30

0.01%

8,978,259

176,644,910

03

Final Dividend

176,644,910

100.00%

0

0.00%

0

176,644,910

04

Re-elect Peter Hill

176,644,910

100.00%

0

0.00%

0

176,644,910

05

Re-elect Adrian Barden

176,644,910

100.00%

0

0.00%

0

176,644,910

06

Re-elect Ian Dew

176,644,910

100.00%

0

0.00%

0

176,644,910

07

Re-elect Ronnie George

176,644,910

100.00%

0

0.00%

0

176,644,910

08

Re-elect Paul Hollingworth

176,644,910

100.00%

0

0.00%

0

176,644,910

09

Re-elect Tony Reading

176,644,910

100.00%

0

0.00%

0

176,644,910

10

Elect Claire Tiney

176,644,910

100.00%

0

0.00%

0

176,644,910

11

Re-appoint auditor

175,232,414

99.20%

1,412,496

0.80%

0

176,644,910

12

Remuneration of auditor

176,644,910

100.00%

0

0.00%

0

176,644,910

13

Authority to incur political donations

162,624,363

92.81%

12,605,051

7.19%

1,415,496

176,644,910

14

Authority to allot shares

165,952,584

93.95%

10,692,326

6.05%

0

176,644,910

15 3

Authority to disapply pre-emption rights

162,074,277

91.75%

14,570,633

8.25%

0

176,644,910

16 3

Authority to purchase ordinary shares

175,232,414

99.20%

1,412,496

0.80%

0

176,644,910

17 3

Authority to call a general meeting on 14 clear days’ notice

169,843,113

96.15%

6,801,767

3.85%

0

176,644,910

Notes:

  1. Any proxy appointments giving discretion to the Chairman of the Meeting have been included in the “For” totals above.
  2. A vote “Withheld” is not a vote in law and is not counted in the calculation of the votes “For” or “Against” a resolution.
  3. Indicates Special Resolutions requiring a 75% majority to be passed.
  4. The Company’s total ordinary shares in issue as at 9 December 2016, was 200,000,000 ordinary shares of 1 pence each, of which 916,878 ordinary shares are held as Treasury Shares. Therefore the total voting rights are 199,083,122 ordinary shares (ordinary shareholders are entitled to one vote per ordinary share held).
  5. The proxy votes received, including votes withheld, amount to 88.73% of the total voting rights.

In accordance with UK Listing Rule 9.6.2 copies of all the resolutions passed other than resolutions concerning ordinary business have been submitted to the UK Listing Authority via the National Storage Mechanism and will shortly be available for inspection at www.Hemscott.com/nsm.do.

The Notice of Annual General Meeting 2016 together with the Annual Report and Accounts 2016 can be found on the Company’s website at: http://www.volutiongroupplc.com/investors/results-reports-and-presentations

- ends -

Enquiries:

Volution Group plc
Michael Anscombe, Company Secretary
+44 (0) 1293 441662

Note to Editors:

Volution Group plc (LSE: FAN) is a leading supplier of ventilation products to the residential and commercial construction markets in the UK and northern Europe.

The Group sold approximately 22 million ventilation products and accessories in the twelve months ended 31 July 2016. The Volution Group operates through two divisions: the Ventilation Group and the OEM (Torin-Sifan) division.  The Ventilation Group consists of 11 key brands - Vent-Axia, Manrose, Diffusion, National Ventilation, Airtech, Fresh, PAX, Welair, inVENTer, Brüggemann and Ventilair, focused primarily on the UK, Nordic and central European ventilation markets. The Ventilation Group principally supplies ventilation products for residential and commercial ventilation applications. The OEM (Torin-Sifan) division, supplies motors, fans and blowers to OEMs of heating and ventilation products for both residential and commercial construction applications in Europe.

For more information, please go to: http://www.volutiongroupplc.com/