RNS Number : 5639Z Van Elle Holdings PLC 15 December 2017
15 December 2017
Van Elle Holdings plc
("Van Elle" or the "Company")
Results of General Meeting
Further to the announcement dated 22 November 2017 in connection with the posting of a circular to Van Elle shareholders ("Shareholders") containing a notice convening a general meeting of Shareholders ("General Meeting") to consider resolutions proposed by Michael Ellis (the "Ellis Resolutions"), Van Elle is pleased to announce that, at the General Meeting held at 12pm today, all the Ellis Resolutions were defeated by Shareholders.
Excluding the votes attributed to the shareholding of approximately 20% held by Mr Ellis and his family, more than 98% of the remaining votes ("Independent Votes") submitted were against the Ellis Resolutions.
All resolutions proposed at the General Meeting were voted by way of a poll. The results of the poll for each resolution were as follows:
Resolution
For (votes)
For %2
Against (votes)
Against (%)2
Total votes validly cast
Withheld (votes)1
1
That Michael Ellis be and is hereby appointed as a director of the Company with immediate effect.
16,898,827
24.33
52,544,947
75.67
69,443,774
0
2
That Thomas Lindup be and is hereby appointed as a director of the Company w ith immediate effect.
16,166,801
23.53
52,534,947
76.47
69,443,774
742,026
3
That Jon Fenton be and is hereby removed as a director of the Company with immediate effect.
16,168,301
23.53
52,533,447
76.47
69,443,774
742,026
4
That Robin Williams be and is hereby removed as a director of the Company with immediate effect.
16,901,620
24.34
52,532,154
75.66
69,443,774
10,000
5
That any person appointed as a director of the Company since the date of the requisition of the requisitioned General Meeting (being 10 November 2017), and w ho is not one of the persons referred to in the resolutions numbered 1 to 4 (inclusive) above, be and is hereby removed as a director of the Company.
16,897,827
24.34
52,523,140
75.66
69,443,774
22,807
Adrian Barden, Chairman of Van Elle, commented:
"The requisition has been an unnecessary and disruptive distraction. We are pleased that all of the resolutions have been comprehensively rejected by Shareholders.
"We can now get back to managing the business and delivering our long-term growth strategy for the benefit of all stakeholders."
Notes:
1. A "Vote withheld" is not a vote in law and is not counted in the proportion of votes "For" or "Against" any resolution, or "Total votes validly cast".
2. Percentages are expressed as a percentage of total votes validly cast (and does not include votes withheld).
3. The Notice of General Meeting is available on the Company's website:www.van-elle.co.uk
Enquiries:
Van Elle Holdings plc
Jon Fenton, Chief Executive Officer Paul Pearson, Chief Financial Officer
Instinctif Partners (Financial Public Relations) Mark Garraway
James Gray Rosie Driscoll
Peel Hunt LLP (Nominated Adviser and corporate broker) Charles Batten
017 7358 0580
020 7457 2020
020 7418 8900
Mike Bell Justin Jones
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Van Elle Holdings plc published this content on 15 December 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 December 2017 17:01:03 UTC.
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Van Elle Holdings plc is a United Kingdom-based geotechnical contractor. The Company provides a range of ground engineering techniques and services, including ground investigation, general and specialist piling, rail geotechnical engineering, modular foundations, and ground improvement and stabilization services. Its segments include General Piling, Specialist Piling and Rail, and Ground Engineering Services. Its General Piling segment provides a range of larger piling and ground engineering solutions for open-site construction projects. Specialist Piling and Rail segment provides a range of geotechnical solutions in operationally constrained environments, including on-track rail applications. Its Ground Engineering Services segment offers a range of ground investigation and geotechnical services, as well as modular foundation solutions such as Smartfoot. The Company is focused on diverse end markets including residential and housing, infrastructure, and regional construction.
VAN ELLE HOLDINGS PLC 
