Inspecs Group PLC - Result of AGM

RNS Number : 4600R

Inspecs Group PLC

06 June 2024

6 June 2024

Inspecs Group plc

("Inspecs" the "Company" or "the Group")

Result of AGM

Inspecs Group plc, a leading designer, manufacturer, and distributor of eyewear (sunglasses, optical frames, lenses and low vision products), announces that at the Annual General Meeting held earlier today, all resolutions were duly passed.

Resolution		For		Against		Withheld	Total votes cast
Resolution		Number of votes	%	Number of votes	%	Number of votes
1.	Ordinary resolution to receive and adopt the Company's annual accounts and reports	73,109,751	100.00%	0	0.00%	0	73,109,751
2.	Ordinary resolution to approve the directors' remuneration report	71,889,177	98.33%	1,219,764	1.67%	810	73,108,941
3.	Ordinary resolution to re-elect Robin Totterman as a director of the Company.	71,892,523	99.97%	19,882	0.03%	1,197,346	71,912,405
4.	Ordinary resolution to re-elect Richard Peck as a director of the Company.	73,089,369	99.97%	19,882	0.03%	500	73,109,251
5.	Ordinary resolution to re-elect Christopher Kay as a director of the Company.	55,266,609	75.59%	17,842,642	24.41%	500	73,109,251
6.	Ordinary resolution to re-elect Christopher Hancock as a director of the Company.	71,892,323	98.34%	1,216,928	1.66%	500	73,109,251
7.	Ordinary resolution to re-elect Angela Farrugia as a director of the Company.	73,089,369	99.97%	20,382	0.03%	0	73,109,751
8.	Ordinary resolution to elect Shaun Smith as a director of the Company.	71,915,071	98.37%	1,194,180	1.63%	500	73,109,251
9.	Ordinary resolution to elect Hugo Adams as a director of the Company.	73,089,369	99.97%	19,882	0.03%	500	73,109,251
10.	Ordinary resolution to re-appoint Ernst & Young LLP as the Company's auditors to hold office from the conclusion of this meeting until the conclusion of the next meeting, in accordance with normal practice.	73,092,920	99.98%	16,631	0.02%	200	73,109,551
11.	Ordinary resolution to authorise the directors to determine the remuneration of the auditors	73,092,810	99.98%	16,631	0.02%	310	73,109,441
12.	Ordinary resolution to enable the Company and each of its subsidiaries to make political donations and expenditure.	65,456,002	89.53%	7,651,960	10.47%	1,789	73,107,962
13.	Ordinary resolution to authorise the directors to allot ordinary shares in the Company up to a maximum nominal amount of £338,905.08 and up to a further maximum nominal amount of £338,905.08 where the allotment is in connection with an offer by way of a rights issue.	73,089,384	99.97%	20,167	0.03%	200	73,109,551
14.	Special resolution to enable the directors to allot, grant options over or otherwise dispose of equity securities for cash or sell treasury shares for cash up to a maximum aggregate nominal amount of £101,671.52 as if pre-emption rights did not apply to such allotment.	64,488,514	88.21%	8,621,037	11.79%	200	73,109,551
15.	Special Resolution to further disapply pre-emption rights in relation to acquisitions or other capital investments.	64,483,674	88.20%	8,624,288	11.80%	1,789	73,107,962
16.	Special resolution to authorise the Company to make market purchases of up to 10,167,152 ordinary shares (which represents approximately 10 per cent of the Company's ordinary shares (excluding treasury shares) in issue on 31 December 2023).	73,093,120	99.98%	16,631	0.02%	0	73,109,751

For further information please contact:

Inspecs Group plc

Richard Peck (CEO)

Chris Kay (CFO)

via FTI Consulting

Tel: +44 (0) 20 3727 1000

Peel Hunt (Nominated Adviser and Broker)

George Sellar

Andrew Clark

Tel: +44 (0) 20 7418 8900

FTI Consulting (Financial PR)

Alex Beagley

Harriet Jackson

Amy Goldup

Tel: +44 (0) 20 3727 1000

About Inspecs Group plc

INSPECS is a leading provider of eyewear solutions to the global eyewear market. The Group produces a broad range of eyewear frames, low vision aids and lenses, covering optical, sunglasses and safety, which are either "Branded" (under licence or under the Group's own proprietary brands), or "OEM" (unbranded or private label on behalf of retail customers).

INSPECS is building a global eyewear business through its vertically integrated business model. Its continued growth is underpinned by six core pillars: increasing the penetration of its own-brand portfolio, increasing distribution, growing its travel retail markets, maximising group synergies, expanding its manufacturing capacity and scaling the research and development department as it develops new and innovative eyewear products.

The Group has operations across the globe: with offices and subsidiaries in the UK, Germany, Portugal, Scandinavia, the US and China (including Hong Kong, Macau and Shenzhen), and manufacturing facilities in Vietnam, China, the UK and Italy.

INSPECS customers are global optical and non-optical retailers, global distributors and independent opticians. Its distribution network covers over 80 countries and reaches approximately 75,000 points of sale.

More information is available at: https://inspecs.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

RAGFFMTTMTAMBTI]]>