Result of AGM

RNS Number : 7842M

Ultra Electronics Holdings PLC

13 May 2020

Ultra Electronics Holdings plc

("Ultra" or the "Company")

Result of AGM

Ultra Electronics Holdings plc held its Annual General Meeting at 10.00 a.m. this morning at the Company's registered office at 35 Portman Square, London W1H 6LR. A poll was conducted on each Resolution and all Resolutions were passed by the requisite majority.

The voting results for the Resolutions tabled at the meeting are as follows:

Resolution		For		Against		Total Votes Cast	% Issued Share Capital Voted	Votes Withheld*
Resolution		Number of Votes	% of Votes	Number of Votes	% of Votes	Total Votes Cast	% Issued Share Capital Voted	Votes Withheld*
ORDINARY RESOLUTIONS
01	To receive the 2019 Annual Report	63,501,282	99.95%	28,965	0.05%	63,530,247	89.50%	87,224
02	To approve the Directors' Remuneration Policy	50,910,945	81.51%	11,545,822	18.49%	62,456,767	87.99%	1,160,704
03	To approve the Directors' Remuneration Report	52,498,868	86.22%	8,390,183	13.78%	60,889,051	85.78%	2,728,420
04	To amend the LTIP Rules	54,770,030	87.69%	7,689,021	12.31%	62,459,051	87.99%	1,158,420
05	To elect Jos Sclater	63,521,081	99.85%	94,946	0.15%	63,616,027	89.62%	1,445
06	To elect Dan Shook	63,197,243	99.34%	418,784	0.66%	63,616,027	89.62%	1,445
07	To re-elect Martin Broadhurst	63,298,962	99.50%	317,215	0.50%	63,616,177	89.62%	1,295
08	To re-elect Geeta Gopalan	63,299,062	99.50%	316,965	0.50%	63,616,027	89.62%	1,445
09	To re-elect Victoria Hull	63,298,119	99.50%	318,058	0.50%	63,616,177	89.62%	1,295
10	To re-elect Simon Pryce	63,558,771	99.91%	57,136	0.09%	63,615,907	89.62%	1,565
11	To re-elect Tony Rice	59,316,985	93.24%	4,299,041	6.76%	63,616,026	89.62%	1,445
12	To re-appoint Deloitte as Auditors	62,111,853	97.63%	1,505,268	2.37%	63,617,121	89.62%	350
13	To authorise the Directors to agree auditors remuneration	62,769,753	98.68%	836,663	1.32%	63,606,416	89.61%	11,056
14	To authorise Directors to allot shares	59,357,464	93.31%	4,258,986	6.69%	63,616,450	89.62%	1,021
SPECIAL RESOLUTIONS (requiring 75% of votes cast to be carried)
15	To dis-apply pre-emption rights - 5%	63,605,488	99.98%	10,879	0.02%	63,616,367	89.62%	1,105
16	To dis-apply pre-emption rights - additional 5% in certain circumstances	60,287,829	94.77%	3,328,337	5.23%	63,616,166	89.62%	1,305
17	To authorise the Company to purchase its own shares	62,867,840	98.92%	686,025	1.08%	63,553,865	89.53%	63,606
18	To adopt new Articles of Association	61,424,661	96.57%	2,182,390	3.43%	63,607,051	89.61%	10,420
19	To permit General Meetings to be called on 14 days' notice	61,286,856	96.34%	2,329,395	3.66%	63,616,251	89.62%	1,221

*A vote withheld is not a vote in law and is not counted towards votes cast "For" or "Against" a resolution.

The total voting rights of the Company as at 6.30pm on 11 May 2020, the day on which shareholders had to be on the register in order to be eligible to vote, was 70,984,789.

In accordance with Listing Rule 9.2.2E, Resolutions 6 - 9 inclusive and Resolution 11 were approved by: (a) the shareholders of the Company; and (b) the independent shareholders of the Company.

A copy of the full voting results will be available on the Company's website www.ultra.group and, in accordance with Listing Rule 9.6.2, the full text of the resolutions passed at the AGM may be found in the Notice of AGM 2020 dated 14 April 2020 also available on the Company's website and from the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Enquiries:

Ultra Electronics Holdings plc

+44 (0)208 813 4321

Alex Dent, Deputy Company Secretary www.ultra.group

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.

END

RAGAJMMTMTMBBJM