21 Apr 2017 07:00
ACACIA MINING PLC - Result of AGMACACIA MINING PLC - Result of AGM
PR Newswire
London, April 20
21 April 2017
Acacia Mining plc (“Acacia” or the “Company”)Registration number 7123187
Results of voting at 2017 annual general meeting
The Annual General Meeting of Acacia was held on 20 April 2017. As at the date of the annual general meeting, the total number of issued Ordinary Shares was 410,085,499. Therefore, the total number of votes exercisable at the meeting was 410,085,499. The full text of the resolutions proposed at the annual general meeting was set out in the notice of annual general meeting dated15 March 2017.
All resolutions at the meeting were put to Acacia’s shareholders on a poll. The final voting figures of the poll as certified by the scrutineers, Computershare Investor Services PLC, were as follows:
| Total votes cast | For (*) | % | Against(*) | % | Vote withheld(**) | ||
| Ordinary Resolutions | |||||||
| 1 | Approval of the audited annual accounts for the Company for the financial year ended 31 December 2016, together with the Directors’ Report and the Auditors’ Reports. | 380,608,368 | 378,682,081 | 99.49 | 1,926,287 | 0.51 | 96,326 |
| 2 | Approval of the Directors’ Remuneration Report for the financial year ended 31 December 2016. | 380,201,574 | 371,674,846 | 97.76 | 8,526,728 | 2.24 | 503,118 |
| 3 | Approval of Directors’ Remuneration Policy | 380,703,543 | 333,828,526 | 87.69 | 46,875,017 | 12.31 | 1,149 |
| 4 | Declaration and approval of a final dividend of US 8.4 cents per Ordinary Share, for the year ended 31 December 2016. | 380,704,694 | 380,605,256 | 99.97 | 99,438 | 0.03 | 0 |
| 5 | Election of Kelvin Dushnisky as a Director (non-executive) of the Company. | 380,623,728 | 375,416,004 | 98.63 | 5,207,724 | 1.37 | 80,965 |
| 6 | Election of Bradley (“Brad”) Gordon as a Director (executive) of the Company. | 380,703,729 | 380,599,127 | 99.97 | 104,602 | 0.03 | 965 |
| 7 | Election of Ambassador Mwapachu as a Director (independent non-executive) of the Company. | 378,858,746 | 358,672,276 | 94.67 | 20,186,470 | 5.33 | 1,845,947 |
| 8 | Election of Rachel English as a Director (independent non-executive) of the Company. | 380,704,594 | 380,704,330 | 100.00 | 264 | 0.00 | 100 |
| 9 | Election of Andre Falzon as a Director (independent non-executive) of the Company. | 380,697,570 | 380,190,280 | 99.87 | 507,290 | 0.13 | 7,123 |
| 10 | Election of Michael Kenyon as a Director (independent non-executive) of the Company. | 380,703,465 | 380,519,127 | 99.95 | 184,338 | 0.05 | 1,229 |
| 11 | Election of Steve Lucas as a Director (independent non-executive) of the Company. | 380,704,330 | 380,604,892 | 99.97 | 99,438 | 0.03 | 364 |
| 12 | Election of Peter Tomsett as a Director (independent non-executive) of the Company.*** | 380,704,330 | 380,599,992 | 99.97 | 104,338 | 0.03 | 364 |
| 13 | Election of Stephen Galbraith as a Director (non-executive) of the Company. | 380,660,840 | 380,178,560 | 99.87 | 482,280 | 0.13 | 43,853 |
| 14 | Re-appointment of PricewaterhouseCoopers LLP as auditors of the Company (the “Auditors”) to hold office until the conclusion of the next general meeting of the Company at which the accounts are laid before the Company. | 380,258,103 | 380,230,784 | 99.99 | 27,319 | 0.01 | 442,751 |
| 15 | Grant of authorisation to the audit committee of the Company to agree the remuneration of the Auditors. | 380,704,694 | 380,545,927 | 99.96 | 158,767 | 0.04 | 0 |
| 16 | Grant of authority to the Directors, generally and unconditionally pursuant to Section 551 of the Companies Act 2006 (the “Act”) to exercise all powers of the Company to allot shares in the Company or to grant rights to subscribe for or to convert any security into shares in the Company up to an aggregate nominal amount of £13,532,821, and up to a further nominal amount of £13,532,821 in connection with a rights issue, provided that this authority shall expire on the date of the Company’s next annual general meeting or 30 June 2018, whichever is earlier. | 380,703,243 | 372,983,260 | 97.97 | 7,719,983 | 2.03 | 1,450 |
| Special resolutions | |||||||
| 17 | Grant of authority to the Directors of the Company pursuant to Section 570 of the Act to allot equity securities (within the meaning of Section 560 of the Act) wholly for cash as if Section 561 (1) of the Act did not apply (a) in connection with a pre-emptive offer or rights issue or (b) otherwise up to an aggregate nominal value of £4,100,854. This authority shall expire when the authority to allot referred to above expires. | 380,704,693 | 373,388,485 | 98.08 | 7,316,208 | 1.92 | 0 |
| 18 | Grant of authority to the Company for the purpose of Section 701 of the Act to make market purchases (as defined in Section 693 (4) of that Act) of Ordinary Shares each in the capital of the Company, subject to satisfying certain conditions and provided that the authority shall expire at the conclusion of the Company’s next annual general meeting, or 30 June 2018, whichever is earlier. | 380,643,554 | 379,738,185 | 99.76 | 905,369 | 0.24 | 57,300 |
| 19 | Grant of authority to the Company to call a general meeting other than an annual general meeting on not less than 14 clear days’ notice, provided that facilities are available to shareholders to vote by electronic means for meetings called at such notice. | 380,700,665 | 377,331,801 | 99.12 | 3,368,864 | 0.88 | 188 |
| 20 | Approve amendment to the Company’s Long-Term Incentive Plan | 380,704,592 | 372,258,800 | 97.78 | 8,445,792 | 2.22 | 100 |
| VOTES OF INDEPDNDENT SHAREHOLDERS (EXCLUDING THE VOTING INTERESTS OF BARRICK GOLD CORPORATION AND ITS ASSOCIATES AS CONTROLLING SHAREHOLDER) ON THE RESOLUTIONS FOR THE ELECTION OF THE INDEPENDENT NON-EXECUTIVE DIRECTORS | |||||||
| Ordinary resolutions: | Total votes cast | For (*) | % | Against(*) | % | Vote withheld(**) | |
| 7 | Election of Ambassador Mwapachu as a Director (independent non-executive) of the Company. | 116,611,796 | 96,425,326 | 82.69 | 20,186,470 | 17.31 | 1,845,947 |
| 8 | Election of Rachel English as a Director (independent non-executive) of the Company. | 118,457,644 | 118,457,380 | 100.00 | 264 | 0.00 | 100 |
| 9 | Election of Andre Falzon as a Director (independent non-executive) of the Company. | 118,450,620 | 117,943,330 | 99.57 | 507,290 | 0.43 | 7,123 |
| 10 | Election of Michael Kenyon as a Director (independent non-executive) of the Company. | 118,456,515 | 118,272,177 | 99.84 | 184,338 | 0.16 | 1,229 |
| 11 | Election of Steve Lucas as a Director (independent non-executive) of the Company. | 118,457,380 | 118,357,942 | 99.92 | 99,438 | 0.08 | 364 |
| 12 | Election of Peter Tomsett as a Director (independent non-executive) of the Company.*** | 118,457,380 | 118,353,042 | 99.91 | 104,338 | 0.09 | 364 |
(*) Includes discretionary votes(**) A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes for and against a resolution.
(***) Peter Tomsett stepped down from the Board following the AGM.
ENQUIRIES
For further information contact:
| Acacia Mining plc | +44 (0)207 129 7150 |
| Giles Blackham, Investor Relations Manager |
This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of Acacia in any jurisdiction.