13.12.17

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 13 December 2017 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 cst Number of votes Number of votes
01 Annual Report and Accounts 170,764,165 100.00% 0 0.00% 0 170,764,165
02 Directors’ Remuneration Policy 168,196,529 98.50% 2,567,636 1.50% 0 170,764,165
03 Directors’ Remuneration Report 135,363,751 85.10% 23,708,930 14.90% 11,691,484 170,764,165
04 Final Dividend 170,764,165 100.00% 0 0.00% 0 170,764,165
05 Re-elect Peter Hill, CBE 169,615,929 99.33% 1,148,236 0.67% 0 170,764,165
06 Re-elect Ian Dew 170,764,165 100.00% 0 0.00% 0 170,764,165
07 Re-elect Ronnie George 170,764,165 100.00% 0 0.00% 0 170,764,165
08 Re-elect Paul Hollingworth 169,635,580 99.34% 1,128,585 0.66% 0 170,764,165
09 Re-elect Tony Reading, MBE 169,635,580 99.34% 1,128,585 0.66% 0 170,764,165
10 Re-elect Claire Tiney 169,632,580 99.34% 1,128,585 0.66% 3,000 170,764,165
11 Re-appoint auditor 169,345,762 100.00% 0 0.00% 1,418,403 170,764,165
12 Remuneration of auditor 170,764,165 100.00% 0 0.00% 0 170,764,165
13 Authority to incur political donations 159,920,802 93.65% 10,843,363 6.35% 0 170,764,165
14 Authority to allot shares 158,858,907 93.03% 11,905,258 6.97% 0 170,764,165
153 Authority to disapply pre-emption rights 161,794,958 94.75% 8,968,210 5.25% 997 170,764,165
163 Authority to purchase ordinary shares 168,878,405 99.16% 1,438,054 0.84% 447,706 170,764,165
173 Approval of Volution Sharesave Scheme 170,764,165 100.00% 0 0.00% 0 170,764,165
183 Authority to call a general meeting on 14 clear days’ notice 163,093,982 95.51% 7,670,183 4.49% 0 170,764,165

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 13 December 2017, was 200,000,000 ordinary shares of 1 pence each, of which 1,154,102 ordinary shares are held as Treasury Shares. Therefore the total voting rights are 198,845,898 ordinary shares (ordinary shareholders are entitled to one vote per ordinary share held).
  5. The proxy votes received, including votes withheld, amount to 85.88% 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 2017 together with the Annual Report and Accounts 2017 can be found on the Company’s website at:
http://www.volutiongroupplc.com/investors/results-reports-and-presentations

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Enquiries:

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

Legal Entity Identifier: 213800EPT84EQCDHO768

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, the Nordics and Central Europe.

The Volution Group operates through two divisions: the Ventilation Group and the OEM (Torin-Sifan) division.  The Ventilation Group consists of 13 key brands - Vent-Axia, Manrose, Diffusion, National Ventilation, Airtech, Breathing Buildings, Fresh, PAX, VoltAir System, Welair, inVENTer, Brüggemann and Ventilair, focused primarily on the UK, the 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/