Novae Group plc : Result of AGM


10 May 2017

NOVAE GROUP PLC

RESULTS OF ANNUAL GENERAL MEETING

Results of Annual General Meeting

The Annual General Meeting of Novae Group plc was held on 10 May 2017 at 10.00 a.m.

All of the resolutions were passed on a show of hands with resolutions 1 to 17 being passed as ordinary resolutions and resolutions 18 to 20 being passed as special resolutions. In accordance with Listing Rule 9.6.2R a copy of the resolutions passed at the meeting (other than resolutions concerning ordinary business) will be forwarded to the National Storage Mechanism and will be available for inspection at: www.Hemscott.com/nsm.do.

The proxy votes lodged in advance of the meeting are set out below:

  Resolution For Discretion % For + Discretion Against % Against Votes Withheld
  Annual Report & Accounts 48,421,941 7,909 100 0 0 38,543
  Directors' Remuneration Policy 47,866,027 7,151 99.4 287,700 0.6 307,515
  Directors' Remuneration Report 48,163,048 6,740 99.41 284,627 0.59 13,978
  Approval of final dividend 48,460,741 7,242 100 410 0 0
  To elect R Patel as a director 48,447,628 7,915 99.98 11,855 0.02 995
  To elect SP Burns as a director 48,454,834 8,116 99.99 2,448 0.01 2,995
  To re-elect LP Adams 48,457,560 7,498 100 2,340 0 995
  To re-elect LJ Dowley as a director 48,200,483 7,498 99.46 259,417 0.54 995
  To re-elect MK Fosh as a director 48,443,595 7,498 99.97 16,305 0.03 995
  To re-elect JP Hastings-Bass as a director 48,147,438 7,498 99.36 312,462 0.64 995
  To re-elect MC Phibbs as a director 48,440,989 7,498 99.96 18,911 0.04 995
  To elect DA Torrance as a director 48,455,560 7,498 99.99 4,340 0.01 995
  Appoint Auditors 48,159,856 7,882 99.99 2,983 0.01 297,672
  Auditors' remuneration 48,428,928 34,507 100 1,917 0 3,041
  Rules of the 2017 Novae Group plc Long Terms Incentive Plan 47,790,345 7,698 98.63 665,226 1.37 5,124
  Increase aggregate directors' fees 48,396,925 6,451 99.88 59,757 0.12 5,291
  Allotment of shares under s551 CA 2006 48,391,391 7,698 99.87 63,965 0.13 5,339
  To disapply pre-emption rights (*) 48,437,238 7,762 99.96 17,498 0.04 5,895
  Market purchases of own shares (*) 48,125,497 6,940 99.36 308,534 0.64 27,422
  Notice for general meetings (*) 47,979,776 7,498 99.03 470,609 0.97 10,510

(*) Special Resolution

As at 10 May 2017 there were 64,425,640 Ordinary shares of £1.125 each in issue.

Enquiries:

Alex Moon     -   Novae Group plc           020 7050 9000

LEI: 2138009C2W2RFXX3ZZ32