Last checked at 17 Jul 2014 16:13
AO World PLC ("Company")
Result of Annual General Meeting
At the Annual General Meeting (AGM) of AO World plc held earlier today all the resolutions put to the meeting were passed. Details of the votes cast are shown in a table below.
Resolution | Votes in favour* | Votes against | Total number of votes cast | Votes Withheld** | |||
No. of shares | % | No. of shares | % | No. of shares | |||
1 | To receive the report and accounts | 308,926,811 | 99.93 | 213,312 | 0.07 | 309,140,123 | 0 |
2 | To approve the Directors' remuneration report | 304,682,167 | 99.41 | 1,810,264 | 0.59 | 306,492,431 | 2,647,692 |
3 | To approve the Directors' remuneration policy | 305,302,957 | 99.62 | 1,169,906 | 0.38 | 306,472,863 | 2,667,260 |
4 | To re-elect Richard Rose as a Director | 307,218,203 | 99.55 | 1,398,113 | 0.45 | 308,616,316 | 523,807 |
5 | To re-elect John Roberts as a Director | 307,921,919 | 99.61 | 1,218,204 | 0.39 | 309,140,123 | 0 |
6 | To re-elect Steve Caunce as a Director | 307,774,227 | 99.56 | 1,365,896 | 0.44 | 309,140,123 | 0 |
7 | To re-elect Brian McBride as a Director | 308,497,126 | 99.79 | 642,997 | 0.21 | 309,140,123 | 0 |
8 | To re-elect Charles William (Bill) Holroyd as a Director | 306,578,690 | 99.34 | 2,037,626 | 0.66 | 308,616,316 | 523,807 |
9 | To re-elect Chris Hopkinson as a Director | 307,919,913 | 99.61 | 1,220,210 | 0.39 | 309,140,123 | 0 |
10 | To re-elect Marisa Cassoni as a Director | 307,695,124 | 99.53 | 1,444,999 | 0.47 | 309,140,123 | 0 |
11 | To re-elect Rudolf Lamprecht as a Director | 307,908,436 | 99.60 | 1,231,687 | 0.40 | 309,140,123 | 0 |
12 | To reappoint Deloitte LLP as auditors | 305,688,650 | 99.53 | 1,447,197 | 0.47 | 307,135,847 | 2,004,276 |
13 | To authorise the Directors to determine the remuneration of the auditors | 308,299,881 | 99.73 | 840,242 | 0.27 | 309,140,123 | 0 |
14 | To authorise the Directors to allot shares | 283,262,587 | 91.63 | 25,857,968 | 8.37 | 309,120,555 | 19,568 |
15 | To disapply pre-emption rights*** | 306,492,063 | 99.95 | 148,060 | 0.05 | 306,640,123 | 2,500,000 |
16 | To authorise the Company to purchase its own shares*** | 309,139,755 | 100.00 | 368 | 0.00 | 309,140,123 | 0 |
17 | To authorise the Company to make political donations | 306,838,863 | 99.90 | 296,984 | 0.10 | 307,135,847 | 2,004,276 |
18 | To authorise the Company to hold general meetings on 14 days' notice*** | 307,828,742 | 99.58 | 1,311,381 | 0.42 | 309,140,123 | 0 |
*Includes those votes giving the Chairman discretion
**A vote 'Withheld' has no legal effect and is not counted in the votes 'For' and 'Against' a resolution
***Passed as special resolutions
The maximum number of votes cast was 309,140,123 representing 73.42% of the Company's issued share capital of 421,052,631 as at 6pm on 15 July 2014.
In accordance with Listing Rule 9.6.2, copies of all the resolutions passed as special business have been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM
17 July 2014
Enquiries:
AO World plc
David Myers
Company Secretary
Tel: +44(0)1204 672400