The Company announces the results of voting on the resolutions at its Annual General Meeting (“AGM”) held on Thursday 26 October 2017, as set out in the AGM Notice.
Resolutions 1 to 11 (inclusive) were passed as ordinary resolutions and resolutions 12 to 13 (inclusive) were passed as special resolutions. The results of the poll are as follows:
|No. of Votes||% of Vote||No. of Votes||% of Vote||No. of Votes||No. of Votes|
|Resolution 1: To receive the Annual Report and Accounts and the Report of the Directors and the auditors for the year ended 30 April 2017||150,527,422||99.84||239,980||0.16||150,767,402||41,028|
|Resolution 2: To approve the Directors’ Report on Remuneration||113,759,213||81.00||26,689,364||19.00||140,448,577||10,358,557|
|Resolution 3: To elect Peter Hill as a director||143,190,167||98.90||1,598,744||1.10||144,788,911||6,015,877|
|Resolution 4: To re-elect Nigel Toon as a director||146,248,359||99.54||674,593||0.46||146,922,952||3,881,836|
|Resolution 5: To re-elect Guy Millward as a director||149,654,071||99.38||938,629||0.62||150,592,700||212,088|
|Resolution 6: To re-elect Andrew Heath as a director||146,058,038||99.38||912,564||0.62||146,970,602||3,834,186|
|Resolution 7: To re-elect David Anderson as a director||145,206,258||98.83||1,718,897||1.17||146,925,155||3,879,633|
|Resolution 8: To re-elect Kate Rock as a director||146,026,471||99.30||1,022,682||0.70||147,049,153||3,755,635|
|Resolution 9: To re-appoint KPMG LLP as auditors||143,429,542||95.21||7,215,356||4.79||150,644,898||163,532|
|Resolution 10: To authorise the auditors’ remuneration for the year ended 30 April 2018||149,720,665||99.38||938,916||0.62||150,659,581||147,553|
|Resolution 11: To authorise the directors of the Company to allot shares||150,024,970||99.54||688,119||0.46||150,713,089||92,995|
|Resolution 12: Special resolution to authorise the disapplication of pre-emption rights||142,016,023||94.33||8,542,270||5.67||150,558,293||246,495|
|Resolution 13: Special resolution to authorise the Company to purchase its own shares||148,124,770||98.34||2,502,574||1.66||150,627,344||181,086|
Votes “For” and “Against” are expressed as a percentage of the total votes received.
A “Vote withheld” is not treated as a vote in law and would not be counted in the calculation of the proportion of the votes cast “For” or “Against” a resolution.
Resolutions 12 and 13 were proposed as special resolutions requiring a 75% majority.
The current issued share capital of the Company consists of 287,158,897 ordinary shares of 10 pence each, carrying one vote each. Therefore the total number of ordinary shares in the Company with voting rights is 287,158,897. 150,767,402 votes were validly cast.
In accordance with Listing Rule 9.6.2 copies of all resolutions other than resolutions concerning ordinary business passed at the AGM will be submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.
Chief Financial Officer & Company Secretary
26 October 2017