Volex PLC AGM resolutions passed despite over 20% votes against
Shareholders have one vote per share, and Volex’s AGM resolutions 1 to 14 were passed, requiring more than 50% approval. However, more than 20% of votes cast on resolutions 2 and 11—resolution 2 being advisory—were against. The company will publish an update on shareholder engagement within six months and has submitted the passed resolutions to the FCA for inspection via the National Storage Mechanism.