21 September 2021
Annual General Meeting results
The Annual General Meeting (the "AGM") of Oxford Instruments plc (the "Company") was held at Tubney Woods, Abingdon, Oxfordshire OX13 5QX, on 21 September 2021 at 11am.
All resolutions were decided on a poll and the resolutions proposed at the AGM were all passed by shareholders with the necessary majorities. The full text of each resolution is contained in the Notice of Annual General Meeting, which is available on the Company's website (oxinst.com).
The number of votes for and against each of the resolutions put before the AGM and the number of votes withheld were as set out in the table below.
| Resolution | Votes for | % | Votes against | % | Total votes cast (excluding witheld) | % of issued share capital voted* | Votes witheld** | |||||
| 1. To receive the 2021 Annual Report and Financial Statements | 47,758,793 | 99.99 | 25 | 0.01 | 47,758,818 | 82.86 | 391,357 | |||||
| 2. To declare a final dividend | 48,123,620 | 99.95 | 23,511 | 0.05 | 48,147,131 | 83.53 | 3,044 | |||||
| 3. To re-elect Neil Carson as a director of the Company | 40,890,191 | 85.62 | 6,868,711 | 14.38 | 47,758,902 | 82.86 | 391,273 | |||||
| 4. To re-elect Ian Barkshire as a director of the Company | 48,142,651 | 99.99 | 4,430 | 0.01 | 48,147,081 | 83.53 | 3,094 | |||||
| 5. To re-elect Gavin Hill as a director of the Company | 48,133,928 | 99.97 | 12,954 | 0.03 | 48,146,882 | 83.53 | 3,094 | |||||
| 6. To re-elect Richard Friend as a director of the Company | 48134,853 | 99.97 | 12,228 | 0.03 | 48,147,081 | 83.53 | 3,094 | |||||
| 7. To re-elect Mary Waldner as a director of the Company | 48,133,120 | 99.97 | 13,819 | 0.03 | 48,146,939 | 83.53 | 3,236 | |||||
| 8. To re-elect Alison Wood as a director of the Company | 45,017,971 | 93.5 | 3,128,968 | 6.5 | 48,146,939 | 83.53 | 3,236 | |||||
| 9. To re-appoint BDO LLP as auditor of the Company | 48,144,064 | 99.99 | 3,067 | 0.01 | 48,147,131 | 83.53 | 3,044 | |||||
| 10. To authorise the Board to agree the auditor’s remuneration | 48,147,081 | 99.99 | 25 | 0.01 | 48,147,106 | 83.53 | 3,069 | |||||
| 11. To approve the Directors’ Remuneration Report | 46,588,504 | 96.77 | 1,554,711 | 3.23 | 48,143,215 | 83.52 | 6,960 | |||||
| 12. To authorise the Board to allot shares | 48,053,641 | 99.81 | 90,813 | 0.19 | 48,144,454 | 83.53 | 5,721 | |||||
| 13. To authorise the disapplication of pre-emption rights *** | 48,141,856 | 99.99 | 2,598 | 0.01 | 48,144,454 | 83.53 | 5,721 | |||||
| 14. To authorise the additional disapplication of pre-emption rights *** | 47,424,403 | 98.5 | 720,051 | 1.5 | 48,144,454 | 83.53 | 5,721 | |||||
| 15. To authorise the purchase of own shares *** | 47,741,051 | 99.22 | 376,334 | 0.78 | 48,117,385 | 83.48 | 32,591 | |||||
| 16. To authorise the calling of a general meeting of the Company on not less than 14 days' notice *** | 47,991,683 | 99.68 | 155,448 | 0.32 | 48,147,131 | 83.53 | 3,044 | |||||
* For all resolutions, as at close of business on 17 September 2021, being the time at which shareholders who wanted to attend, speak and vote at the meeting were required to have their details entered in the register of members, the issued share capital of the Company with voting rights consisted of 57,640,463 ordinary shares of 5 pence each. The Company did not hold any shares in treasury. Ordinary shareholders have one vote for each ordinary share held.
** Please note a “vote withheld” is not a vote under English law and is not counted in the calculation of votes “for” or “against” a resolution. Votes "for" and "against" are expressed as a percentage of votes received. Votes "for" include those at the Chairman's discretion.
*** Indicates a special resolution.
In accordance with UK Listing Rule 9.6.2R, a copy of all the resolutions passed have been submitted to the Financial Conduct Authority via the National Storage Mechanism and in due course will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. This notification is made in accordance with UK Listing Rule 9.6.3R.
Changes to the Board
The following disclosures are made in accordance with UK Listing Rule 9.6.11R.
Steve Blair and Thomas Geitner did not stand for re-election and stepped down as directors with effect from the conclusion of the AGM.
Alison Wood has assumed the role of Senior Independent Director with effect from the conclusion of the AGM, succeeding Steve Blair who previously held this role.
As announced by the Company on 2 August 2021 under RNS number: 2655H, Sir Nigel Sheinwald will be joining the Board on 22 September 2021 and will become a member of the Company's Remuneration, Nomination and Audit and Risk Committees from the same date. He will also take up the role of Chair of the Sustainability Committee.
