Speedy Hire PLC Result of General Meeting (4580J)
September 09 2016 - 7:30AM
UK Regulatory
TIDMSDY
RNS Number : 4580J
Speedy Hire PLC
09 September 2016
9 September 2016
Speedy Hire Plc
("Speedy" or the "Company")
Result of General Meeting
-- Jan Åstrand remains Chairman
-- David Shearer appointed to the Board as a non-executive director
The Board announces that the ordinary resolutions to remove Jan
Åstrand as a director of the Company ("Resolution 1") and to
appoint David Shearer as a director of the Company ("Resolution 2")
were today proposed to shareholders at a General Meeting, and were
voted on by means of a poll vote. Resolution 1 was not passed and
Resolution 2 was passed.
Following the result of today's General Meeting, David Shearer's
appointment as a non-executive director becomes effective
immediately. Further details regarding his appointment to the Board
will be released in due course.
The Board is pleased that shareholders strongly support Jan
Åstrand's position as Chairman and welcome David Shearer as a
director.
The poll results for Resolution 1 and Resolution 2 were as
follows:
Resolution For Against Withheld
--------------------- --------------------- --------------------- ----------
No. of % of No. of % of No. of
shares vote shares vote shares
--------------------- ------------ ------- ------------ ------- ----------
Ordinary resolution
to remove
Jan Åstrand
as a director
of the Company 161,940,672 36.56% 281,010,705 63.44% 5,522,831
--------------------- ------------ ------- ------------ ------- ----------
Ordinary resolution
to appoint
David Shearer
as a director
of the Company 236,908,916 52.84% 211,429,550 47.16% 135,742
--------------------- ------------ ------- ------------ ------- ----------
Further details of Resolution 1 and Resolution 2 were set out in
the circular to shareholders (containing the notice of the General
Meeting) posted on 12 August 2016.
The votes of any proxy giving the Chairman discretion how to
vote have been included in the votes "Against" a resolution.
A vote "Withheld" is not a vote in law and is not counted in the
calculation of percentages of votes cast "For" or "Against" a
resolution.
Percentage figures are rounded to 2 decimal places.
Enquiries:
Instinctif Partners Tel: 020 7457 2020
Mark Garraway
Helen Tarbet
Notes:
Inside Information: This announcement contains inside
information as defined in Article 7 of the Market Abuse Regulation
No. 596/2014.
Editors: Founded in 1977, Speedy is the UK's leading provider of
tools, equipment and plant hire services to a wide range of
customers in the construction, infrastructure and industrial
markets, as well as to local trade and industry. Speedy provides
complementary support services through the provision of training,
asset management and compliance services. Speedy is accredited
nationally to ISO50001, ISO9001, ISO14001 and OHSAS18001. The Group
operates from 206 fixed sites across the UK and Ireland together
with a number of on-site facilities at client locations throughout
the UK, Ireland and from an international office based in Abu
Dhabi.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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