1) Interim Management Statement and AGM
The following statement was made to the
Stock Exchange this morning.
I am pleased to report that demand for our
products has continued to grow since my Chairman's Statement in June.
We are continuing to invest in new machines
at CNC Speedwell in order to meet the increasing schedules particularly from
the commercial vehicle industries. We
are also re-investigating a project to improve on site logistics at the
Brownhills foundry.
The new foundry at William Lee is now
operating on a single shift basis and is proving a good investment.
It is always difficult to know what is
going to happen in the long term, but it is sincerely hoped the recovery will
continue and more stable times will be enjoyed.
B.J.Cooke, Chairman
Castings plc, Lichfield Road, Brownhills, West Midlands WS8 6JZ
17th August 2010
2)RESULT OF ANNUAL GENERAL MEETING
Castings plc confirms that all resolutions
proposed at the Annual General Meeting held on 17 August 2010 were duly passed by
shareholders.
The AGM Voting Results are as follows:-
Company Name: Castings plc
Meeting Date: 17th August 2010
Number of cards (shareholders) at meeting date: 119
Issued share capital at meeting date: 43,632,068
Number of votes per share: 1
Meeting type AGM/EGM: AGM
|
Resolution (No. as noted on proxy form) |
Shares For |
Shares Discretionary |
Shares Against |
Shares Marked As Votes Withheld / Abstentions |
Poll Yes / No |
|
|
|
|
|
|
|
|
1. To receive and adopt the annual report and accounts |
19,082,149 |
361,070 |
0 |
0 |
No |
|
2. To declare a final dividend |
19,082,149 |
361,070 |
0 |
0 |
No |
|
3. To re-elect B.J.Cooke as a director |
18,132,149 |
361,270 |
0 |
949,800 |
No |
|
4. To re-elect M.A.Lewis as a director |
19,078,501 |
361,270 |
3,448 |
0 |
No |
|
5. To re-elect C.P.King as a director |
16,708,406 |
363,270 |
2,371,543 |
0 |
No |
|
6. To approve the directors' remuneration report |
19,069,803 |
366,734 |
5,648 |
1,034 |
No |
|
7. To reappoint the auditors, BDO LLP |
19,076,164 |
361,270 |
4,660 |
1,125 |
No |
|
8. To authorise the directors to allot
relevant securities |
19,044,385 |
385,459 |
12,250 |
1,125 |
No |
|
9. As a special resolution, to dis-apply pre-emption rights |
19,051,585 |
377,659 |
12,250 |
1,725 |
No |
|
10. As a special resolution, to authorise the Company to purchase
its own shares |
19,052,449 |
361,070 |
22,832 |
6,868 |
No |
J.C.Roby
Director & Secretary
18 August 2010
Castings plc publishes its second interim management statement covering the period 1st October 2009 to 31st January 2010.
We have seen a small increase in demand since the November statement, but as previously stated we do not expect a return to full volumes for some time. This depends on new orders and economic improvements throughout Europe.
The new foundry at William Lee has been brought into use but only at the expense of capacity elsewhere on site.
There are no other material developments to report.
4)Voting Rights and Capital
In conformity with the Transparency Directive's transitional provision 6 we would like to notify the market of the following: