28 May 2015 18:06
28 MAY 2015
Allied Minds plc (the "Company")
Results of Annual General Meeting
The Annual General Meeting of Allied Minds plc was held earlier today. All of the resolutions proposed at the Annual General Meeting were duly passed by the shareholders on a poll.
The results of the poll, incorporating the proxy votes lodged in advance of the meeting, are set out below.
Resolutions | For | % | Against | % | Withheld | Total lodged |
1. To receive the Company's Annual Report and Accounts for year end 31 December 2014 | 166,822,515 | 99.94 | 107,981 | 0.06 | 3,000 | 166,930,496 |
2. To approve Directors' Remuneration Report | 160,918,780 | 97.02 | 4,945,679 | 2.98 | 1,069,036 | 165,864,459 |
3. To approve Directors' Remuneration Policy | 155,007,391 | 92.86 | 11,926,105 | 7.14 | 0 | 166,933,496 |
4. To appoint KPMG LLP as Auditor of the Company | 165,650,319 | 99.23 | 1,283,177 | 0.77 | 0 | 166,933,496 |
5. To authorise the Audit Committee to determine the Auditor's remuneration | 166,747,355 | 99.89 | 186,141 | 0.11 | 0 | 166,933,496 |
6. To elect Mr Mark Pritchard as a Director | 166,743,897 | 99.89 | 189,599 | 0.11 | 0 | 166,933,496 |
7. To elect Mr Christopher Silva as a Director | 166,747,358 | 99.89 | 186,138 | 0.11 | 0 | 166,933,496 |
8. To elect Mr Richard Davis as a Director | 166,747,356 | 99.89 | 186,140 | 0.11 | 0 | 166,933,496 |
9. To elect Mr Peter Dolan as a Director | 165,634,913 | 99.22 | 1,298,583 | 0.78 | 0 | 166,933,496 |
10. To elect Mr Jeffrey Rohr as a Director | 166,722,356 | 99.87 | 211,140 | 0.13 | 0 | 166,933,496 |
11. Authority to allot shares | 166,698,700 | 99.86 | 234,629 | 0.14 | 167 | 166,933,329 |
12. Dis-application of pre-emption rights | 165,463,201 | 99.12 | 1,470,128 | 0.88 | 167 | 166,933,329 |
13. Authority to incur political expenditure | 166,930,329 | 99.998 | 3,167 | 0.002 | 0 | 166,933,496 |
14. Market purchase of shares | 166,933,496 | 100 | 0 | 0 | 0 | 166,933,496 |
15. General meeting called on not less than 14 clear days' notice | 166,031,281 | 99.46 | 902,215 | 0.54 | 0 | 166,933,496 |
VOTES OF SHAREHOLDERS EXCLUDING CONTROLLING SHAREHOLDER
Resolutions | For | % | Against | % | Withheld | Total lodged |
8. To elect Mr Richard Davis as a Director | 92,790,318 | 99.80 | 186,140 | 0.20 | 0 | 92,976,458 |
9. To elect Mr Peter Dolan as a Director | 91,677,875 | 98.60 | 1,298,583 | 1.40 | 0 | 92,976,458 |
10. To elect Mr Jeffrey Rohr as a Director | 92,765,318 | 99.77 | 211,140 | 0.23 | 0 | 92,976,458 |
Notes:
1. A vote "Withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" a resolution.
2. As the Company has a controlling shareholder, Invesco Asset Management Limited, as defined in the Financial Conduct Authority's Listing Rules, each resolution to elect an independent director (resolutions 8, 9 & 10) have under Listing Rule 9.2.2E been approved by a majority of the votes cast by:
· the shareholders of the Company as a whole; and
· the independent shareholders of the Company, that is, all the shareholders entitled to vote on each resolution excluding the controlling shareholder.
3. As at 26 May 2015, the number of issued shares in the Company was 214,490,579 ordinary shares, which was the total number of shares entitling the holders to attend and vote for or against all the resolutions at the AGM. In accordance with the Company's Articles of Association, on a poll every member present in person or by proxy has one vote for every share held.
The full text of the resolutions may be found in the Notice of the Annual General Meeting, copies of which are available on both the Company's website www.alliedminds.com and on the National Storage Mechanism.
In accordance with Listing Rule 9.6.1, a copy of the resolutions, other than those concerning ordinary business has been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.morningstar.co.uk/uk/NSM.
About Allied Minds
Allied Minds (LSE: ALM) is an innovative U.S. science and technology development and commercialization company. Operating since 2006, Allied Minds forms, funds, manages and builds products and businesses based on innovative technologies developed at leading U.S. universities and federal research institutions. Allied Minds serves as a diversified holding company that supports its businesses and product development with capital, central management and shared services. More information about the Boston-based company can be found at www.alliedminds.com.
For more information, please contact:
Allied Minds plc www.alliedminds.com
Peter Dolan, Non-Executive Chairman +1 617 419 1800
Chris Silva, Chief Executive Officer +1 617 419 1800
FTI Consulting
Ben Atwell, Matthew Cole +44 (0) 20 3727 1000