26 Jun 2019 14:54
26 June 2019
LEI: 213800JLR6YIRMSCUS98
Air Partner plc
('Air Partner' or the 'Company')
Results of voting at the Annual General Meeting held on 26 June 2019
Air Partner plc, the global aviation services group, announces that all resolutions put to the Annual General Meeting held at 11:00am today at the Company's registered office at 2 City Place, Beehive Ring Road, Gatwick, West Sussex RH6 0PA were duly passed. All resolutions were voted on by way of a poll and the results of the poll for each resolution are shown below:
Resolution | For 1 | % of votes cast | Against | % of votes cast | Withheld 2 |
Ordinary resolutions | |||||
1.To receive the Company's audited financial statements and the Auditors' and Directors' Reports for the year ended 31 January 2019 | 12,201,036 | 94.42 | 720,646 | 5.58 | 2,454 |
2.To approve the Directors' Remuneration Report in the form set out in the Company's Annual Report and Accounts for the year ended 31 January 2019 (see Notice) | 12,841,470 | 99.58 | 54,527 | 0.42 | 28,139 |
3.To approve the Directors' remuneration policy, as set out on pages 60 to 70 of the Directors' Remuneration Report (see Notice) | 12,566,645 | 97.45 | 329,352 | 2.55 | 28,139 |
4.That the final dividend recommended by the Directors of 3.85p per ordinary share for the financial year ended 31 January 2019 be declared payable (see Notice) | 12,921,682 | 100 | 0 | 0.00 | 2,454 |
5.To re-elect Mark Briffa as a Director of the Company | 12,884,305 | 99.81 | 24,692 | 0.19 | 15,139 |
6.To re-elect Richard Jackson as a Director of the Company | 12,908,997 | 100 | 0 | 0.00 | 15,139 |
7.To re-elect Amanda Wills as a Director of the Company | 12,907,997 | 99.99 | 1,000 | 0.01 | 15,139 |
8.To elect Joanne Estell, appointed to the Board since the last AGM, as a Director of the Company | 12,905,997 | 99.98 | 2,000 | 0.02 | 16,139 |
9.To elect Ed Warner, appointed by the Board since the last AGM, as a Director of the Company | 12,905,997 | 99.98 | 2,000 | 0.02 | 16,139 |
10.To elect Paul Dollman, appointed by the Board since the last AGM, as a Director of the Company | 12,905,997 | 99.98 | 2,000 | 0.02 | 16,139 |
11.To appoint PricewaterhouseCoopers LLP as the Company's auditors to hold office from the conclusion of this AGM until the next AGM (see Notice) | 12,905,741 | 99.95 | 5,941 | 0.05 | 12,454 |
12.To authorise the Audit and Risk Committee of the Company to determine the remuneration of the auditors | 12,886,990 | 99.81 | 24,692 | 0.19 | 12,454 |
13.To authorise the Board to exercise all the powers of the Company to allot shares in the Company and to convert any security into shares (see Notice) | 12,884,090 | 99.79 | 27,592 | 0.21 | 12,454 |
14.That the restriction on the authorised share capital of the Company, treated as a provision of the Company's Articles of Association, is hereby revoked and deleted (see Notice) | 12,879,084 | 99.77 | 29,598 | 0.23 | 15,454 |
15.[withdrawn] | |||||
Special resolutions | |||||
16.That the board be authorised to allot equity securities for cash under the authority given by resolution 13 and to sell ordinary shares held by the Company (see Notice) | 12,868,299 | 99.66 | 43,383 | 0.34 | 12,454 |
17.That the Board be authorised to allot equity securities for cash or to sell ordinary shares held by the Company as treasury shares for cash (see Notice) | 12,862,399 | 99.62 | 49,283 | 0.38 | 12,454 |
18.That the Company be authorised to make market purchases of ordinary shares of 1p each in the capital of the Company (see Notice) | 12,876,062 | 99.65 | 45,620 | 0.35 | 2,454 |
19.That a general meeting of the Company other than an AGM may be called on not less than 14 clear days' notice (see Notice) | 12,869,990 | 99.60 | 51,692 | 0.40 | 2,454 |
Notes:
1. Any proxy appointments which gave discretion to the Chairman of the Meeting have been included in the "For" total.
2. A vote withheld is not a vote in law and is not counted in the calculation of the votes "For" or "Against" a resolution.
As at 24 June 2019, there were 52,290,943 Air Partner plc ordinary shares of 1 pence each in issue. Ordinary shareholders are entitled to one vote per ordinary share held.
The total votes cast, both by proxy and poll, including votes withheld, amount to 24.72% of the issued share capital.
Resolutions 1 to 14 were passed as ordinary resolutions and resolutions 16 to 19 were passed as special resolutions.
In accordance with UK Listing Rule 9.6.2 copies of all the resolutions passed (other than resolutions concerning ordinary business) have been submitted to the UK Listing Authority via the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM
A copy of the poll results for the Annual General Meeting will also be available on the Air Partner plc website at www.airpartner.com/investors shortly.
The full text of each of the resolutions is set out in the Notice of Annual General Meeting which is available on the Air Partner plc website at www.airpartner.com/investors.
Contacts
Enquiries: Air Partner |
01293 844788 |
Mark Briffa, CEO | |
Joanne Estell, CFO | |
TB Cardew (Financial PR advisor) | 020 7930 0777 |
Tom Allison | 07789 998 020 |
Alycia MacAskill | 07876 222 703 |
Joe McGregor | 07766 231 520 |
About Air Partner:
Founded in 1961, Air Partner is a global aviation services group that provides worldwide solutions to industry, commerce, governments and private individuals. The Group has two divisions: Charter division, comprising air charter broking and remarketing; and the Consulting & Training division. For reporting purposes, the Group is structured into four divisions: Commercial Jets, Private Jets, Freight (Charter) and Consulting & Training (Baines Simmons, Clockwork Research and SafeSkys). Commercial Jets charters large airliners to move groups of any size. Air Partner Remarketing, which is within the Commercial Jet division, provides comprehensive remarketing programmes for all types of commercial and corporate aircraft to a wide range of international clients. Private Jets offers the Company's unique pre-paid JetCard scheme and on-demand charter. Freight charters aircraft of every size to fly almost any cargo anywhere, at any time. Baines Simmons is a world leader in aviation safety consulting specialising in aviation regulation, compliance and safety management. Clockwork Research is a leading fatigue risk management consultancy. SafeSkys is a leading Environmental and Air Traffic Control services provider to UK and International airports. Air Partner is headquartered alongside Gatwick airport in the UK. Air Partner operates 24/7 year-round. Air Partner is listed on the London Stock Exchange (AIR) and is ISO 9001:2015 compliant for commercial airline and private jet solutions worldwide. www.airpartner.com