Home page
#1 Brand names


Sites parents
Brand name

Information about Vitec Group brand name. This is a page presenting information about Vitec Group brand name on Visiobrand - the biggest brand directory in the Internet. Visiobrand has selected Vitec Group brand name and registered Vitec Group links manually in its directory. All the information about Vitec Group presented on the Visiobrand site is only verified information from the official Vitec Group source.

This is the VisioBrand's cache of http://www.vitecgroup.com/financial/agm-statement.aspx. The page may have been changed since the time we've created the cache.
Click here for the current version of the page.

Please also find related categories of brand names on VisioBrand catalogue:
Audio, Video Products (317)
Electronic Accessories (69)
Photography (109)
Other Electronic Accessories (16)
Other Audio, Video Products (30)
Membership
VisioBrand has a free membership account where you can take advantages of special services such as adding Vitec Group brand name to your favourite brands list to be able to quickly find them and learn what’s new.

Submit information on Vitec Group If you want us to feature some special links to Vitec Group official site, please contact us.

VisioBrand - Official Site - Vitec Group
   
   
 
 

2006 AGM Statement | 2006 Proxy Vote | 2006 Resolutions

2006 AGM Statement

24 May 2006

Michael Harper, Chairman of The Vitec Group plc (“Vitec”), the international supplier of products, services and solutions to the Broadcast, Entertainment and Media industries, will make the following statement at today’s Annual General Meeting:

“Following on from a strong 2005, Vitec’s performance for the first four months of the current financial year were ahead of the same period last year.

“Trading in the period was slightly ahead of expectations, as we benefited from rentals in support of the Winter Olympics in Turin.  The introduction of HD (High Definition) cameras has also resulted in increased spend on Vitec’s broadcast camera supports.  Order intake remains encouraging and recent product launches have been well received, particularly new battery systems and robotic products.

“Petrol, the Israeli bags business we acquired in January is trading well and Bogen Imaging KK, our new Japanese photographic distribution business, will commence trading on 1st June.  These fit well with our strategy and we continue to seek acquisitions of a similar nature.

“Foreign Exchange rates continue to influence the Group’s results and the FX environment has recently worsened, with the US$ falling against the Euro and Sterling.  However, the Group has hedging cover at attractive rates into mid 2007, which will mitigate the effect of any negative FX changes.  If present rates were maintained for the remainder of the current financial year the estimated adverse effect on the Group compared to 2005 will be about £0.4m.

“Accordingly, the Board continues to expect further growth in 2006 in line with the outlook given at the time of the Full Year Results in March 2006.

“John Potter is standing down today from the board after 7 years valuable service; I would like to thank him for his contribution, which has helped Vitec through a period of considerable change.”

Vitec will publish a trading update in mid July and will announce its half year results on 4 September 2006.

Enquiries:

Gareth Rhys Williams / Alastair Hewgill Telephone: 020 8939 4650
The Vitec Group plc
 
Richard Mountain / Susanne Walker Telephone: 020 7269 7121
Financial Dynamics

2006 AGM Statement | 2006 Proxy Vote | 2006 Resolutions

2006 AGM Proxy Vote

Resolution Shares for Shares against Shares withheld
1 To receive and adopt the Report and Accounts for the year ended 31 December 2005 27,389,999 44,283 0
2 To approve the Remuneration Committee’s Report 26,978,079 125,258 330,945
3 To declare a final dividend of 9.4p per ordinary share 27,433,782 0 500
4 To elect Simon Beresford-Wylie as a Director 27,430,916 866 2,500
5 To re-elect Sir David Bell as a director 27,383,178 45,549 5,555
6 To re-elect Alastair Hewgill as a director 27,433,416 866 0
7 To re-elect Will Wyatt as a director 27,383,828 45,399 5,055
8 To re-appoint KPMG Audit Plc as auditors of the Company and to authorise the Board to determine their remuneration 27,093,124 296,875 44,283
9 To empower the directors to allot shares for cash 27,422,607 7,325 4,350
10 To renew the authority for the Company to make market purchases of its own shares 27,425,575 4,357 4,350

2006 AGM Statement | 2006 Proxy Vote | 2006 Resolutions

2006 AGM Resolutions

This is to notify you that all resolutions put to the Annual General Meeting held today were approved by shareholders.