Last checked at 30 Oct 2008 14:09
Ashmore Group PLC
30 October 2008
Ashmore Group plc
30 October 2008
Results of Annual General Meeting ("AGM")
The Board of Ashmore Group plc (the "Company"), is pleased to announce that at the AGM of the Company held this morning, resolutions 1 to 11 and resolution 13 were duly passed on a show of hands and resolution 12 proposed in the Notice of Meeting was passed on a poll. All of the resolutions are accordingly declared as carried.
For information, the proxy votes received were as follows:
| Resolution | Total votes for | % | Total votes against | % | Total votes cast (including abstentions) | Votes withheld * | |
| Ordinary business | |||||||
| 1 | Adoption of report and accounts | ||||||
| 600,785,860 | 99.99 | 22,000 | 0.01 | 603,147,865 | 2,340,005 | ||
| 2 | Declaration of dividend | ||||||
| 603,147,865 | 100.00 | 0 | 0.00 | 603,147,865 | 0 | ||
| 3 | Re-election of Nick Land | ||||||
| 602,314,153 | 99.86 | 833,712 | 0.14 | 603,147,865 | 0 | ||
| 4 | Re-election of Graeme Dell | ||||||
| 602,518,983 | 99.90 | 628,882 | 0.10 | 603,147,865 | 0 | ||
| 5 | Re-election of Jonathan Asquith | ||||||
| 602,562,237 | 99.90 | 585,628 | 0.10 | 603,147,865 | 0 | ||
| 6 | Approval of remuneration report | ||||||
| 534,731,090 | 89.46 | 63,024,820 | 10.54 | 599,907,410 | 2,151,500 | ||
| 7 | Re-appointment and remuneration of auditors | ||||||
| 551,021,358 | 92.52 | 44,571,575 | 7.48 | 599,907,409 | 4,314,476 | ||
| Special business | |||||||
| 8 | Authorisation of political donations and political expenditure | ||||||
| 597,792,750 | 99.68 | 1,907,685 | 0.32 | 599,907,865 | 207,430 | ||
| 9 | Authority to allot shares | ||||||
| 603,147,865 | 100.00 | 0 | 0.00 | 603,147,865 | 0 | ||
| 10 | Dis-application of pre-emption rights ** | ||||||
| 603,147,865 | 100.00 | 0 | 0.00 | 603,147,865 | 0 | ||
| 11 | Authority to make market purchases of shares ** | ||||||
| 603,104,611 | 99.99 | 43,254 | 0.01 | 603,147,865 | 0 | ||
| 12 | Approval of renewal of waiver to the obligation under Rule 9 of the Takeover Code (decided by poll) | ||||||
| 234,334,900 | 79.42 | 60,726,778 | 20.58 | 297,653,857 | 2,592,179 | ||
| 13 | Approval of new Articles of Association ** | ||||||
| 600,637,801 | 99.80 | 1,191,360 | 0.20 | 603,147,915 | 1,318,754 | ||
Notes:
* A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "for" or "against" a resolution.
** Indicates Special Resolutions requiring a 75% majority
A summary of proxy votes received will shortly be available on the Company's website, www.ashmoregroup.com.
For further details, contact the following:
Michael Perman
Company Secretary
Ashmore Group plc
61, Aldwych
London WC2B 4AE
(T) 020 3077 6190
(F) 020 3077 6100
(E) michael.perman@ashmoregroup.com