Last checked at 30 Oct 2013 14:51
Ashmore Group plc
30 October 2013
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 earlier today all resolutions were duly passed on a poll. All of the resolutions are accordingly declared as carried.
The results of the poll on each resolution was as follows:
FOR | AGAINST | ABSTAIN* | TOTAL VOTE | % age Total of Votes in Favour | |
Resolution Number | No. of Votes
| No. of Votes
| No. of Votes
| ||
1. To receive and adopt the Report and Accounts for the year ended 30 June 2013 | 567,376,984 | 4,993,242 | 291 | 572,370,226 | 99.13% |
2. To declare a final dividend for the year ended 30 June 2013 of 11.75 pence per Ordinary Share | 572,370,516 | 0 | 1 | 572,370,516 | 100.00% |
3. To re-elect Michael Benson as a Director | 570,840,582 | 1,529,934 | 1 | 572,370,516 | 99.73% |
4. To re-elect Mark Coombs as a Director | 572,182,701 | 187,815 | 1 | 572,370,516 | 99.97% |
5. To re-elect Graeme Dell as a Director | 572,182,701 | 187,815 | 1 | 572,370,516 | 99.97% |
6. To re-elect Nick Land as a Director | 549,538,731 | 19,821,481 | 3,010,304 | 569,360,212 | 96.52% |
7. To re-elect Melda Donnelly as a Director | 560,297,513 | 9,062,699 | 3,010,304 | 569,360,212 | 98.41% |
8. To re- elect Simon Fraser as a Director | 557,207,907 | 12,152,305 | 3,010,304 | 569,360,212 | 97.87% |
9. To elect Charles Outhwaite as a Director | 572,182,991 | 187,525 | 1 | 572,370,516 | 99.97% |
10. To elect Dame Anne Pringle as a Director | 572,182,991 | 187,525 | 1 | 572,370,516 | 99.97% |
11. To approve the Remuneration report for the year ended 30 June 2013 | 542,963,314 | 29,404,201 | 3,001 | 572,367,515 | 94.86% |
12. To appoint KPMG LLP as auditors | 551,640,034 | 20,730,481 | 1 | 572,370,515 | 96.38% |
13. To authorise the Directors to agree the remuneration of the auditors | 556,010,130 | 16,360,385 | 1 | 572,370,515 | 97.14% |
14. To authorise political donations and political expenditure | 571,239,022 | 1,127,944 | 3,551 | 572,366,966 | 99.80% |
15. To authorise the Directors to allot shares | 571,616,435 | 610,073 | 144,009 | 572,226,508 | 99.89% |
16. To authorise the dis-application of pre-emption rights ** | 572,357,476 | 13,040 | 1 | 572,370,516 | 100.00% |
17. To authorise market purchases of shares** | 572,369,416 | 1,100 | 1 | 572,370,516 | 100.00% |
18. To approve the renewal of the waiver of the obligation under Rule 9 of the Takeover Code *** | 190,716,458 | 88,808,377 | 292,845,681 | 279,524,835 | 68.23% |
19. To reduce the notice period for general meetings other than an Annual General Meeting** | 560,310,359 | 9,049,854 | 3,010,304 | 569,360,213 | 98.41% |
20. To increase the limit on aggregate Directors' fees set out in Article 86 of the Company's Articles of Association from £500,000 to £750,000 | 523,223,758 | 1,562,073 | 47,584,685 | 524,785,831 | 99.70% |
* 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
*** Mark Coombs has not voted on Resolution 18 as an interested party
The above summary of proxy votes will shortly be available on the Company's website, www.ashmoregroup.com.
Following the conclusion of the Annual General Meeting the Committees of the Board now constitute the following Directors:
Audit and Risk | Remuneration | Nominations |
Nick Land ( Chairman) | Nick Land (Chairman) | Michael Benson ( Chairman) |
Melda Donnelly | Michael Benson | Nick Land |
Simon Fraser | Simon Fraser | Melda Donnelly |
Charles Outhwaite | Charles Outhwaite | |
Dame Anne Pringle |
For further details, please contact :
Michael Perman
Company Secretary
Ashmore Group plc
61, Aldwych
London WC2B 4AE
(T) +44 (0)20 3077 6190
(F) +44 (0)20 3077 6001
(E) michael.perman@ashmoregroup.com
END