Last checked at 16 Sep 2020 14:01
Auto Trader Group plc Result of Annual General Meeting
Auto Trader Group plc (LSE: AUTO, "Auto Trader" or the "Company"), the UK's largest digital automotive marketplace, announces the results of the Company's Annual General Meeting ("AGM") held on 16 September 2020.
Each of the resolutions were voted on by way of a poll, and the result of each resolution is shown below. All resolutions were passed.
The total number of shares on the register at 6pm on 14 September 2020, therefore those being eligible to be voted on at the AGM, was 966,024,927 (excluding treasury shares).
For* | Against | Total votes cast | % of shares on register at 6pm 14 September 2020 | Votes withheld*** |
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Resolution | No. of votes | %** | No. of votes | %** | No. of votes | % | No. of votes |
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1. To receive the Annual Report and Accounts of the Company for the financial year ended 31 March 2020 | 762,087,460 | 99.65 | 2,661,403 | 0.35 | 764,748,863 | 79.16 | 7,776,170 |
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2. To approve the Directors' Remuneration Report | 748,140,518 | 96.86 | 24,225,112 | 3.14 | 772,365,630 | 79.95 | 159,404 |
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3. To re-elect Ed Williams as a Director | 755,302,804 | 97.79 | 17,061,733 | 2.21 | 772,364,537 | 79.95 | 160,496 |
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4. To re-elect Nathan Coe as a Director | 766,249,660 | 99.21 | 6,116,193 | 0.79 | 772,365,853 | 79.95 | 159,181 |
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5. To re-elect David Keens as a Director | 768,689,855 | 99.52 | 3,673,214 | 0.48 | 772,363,069 | 79.95 | 161,965 |
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6. To re-elect Jill Easterbrook as a Director | 766,568,592 | 99.25 | 5,797,761 | 0.75 | 772,366,353 | 79.95 | 158,681 | ||
7. To re-elect Jeni Mundy as a Director | 766,790,389 | 99.28 | 5,574,649 | 0.72 | 772,365,038 | 79.95 | 159,996 |
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8. To re-elect Catherine Faiers as a Director | 766,058,774 | 99.18 | 6,306,187 | 0.82 | 772,364,961 | 79.95 | 160,073 |
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9. To elect Jamie Warner as a Director | 765,826,154 | 99.15 | 6,538,307 | 0.85 | 772,364,461 | 79.95 | 160,573 |
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10. To elect Sigga Sigurdardottir as a Director | 772,111,810 | 99.97 | 254,043 | 0.03 | 772,365,853 | 79.95 | 159,181 |
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11. To re-appoint KPMG LLP as auditors of the Company | 772,238,208 | 99.98 | 125,788 | 0.02 | 772,363,996 | 79.95 | 161,038 |
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12. To authorise the Board to determine the auditors' remuneration. | 772,239,660 | 99.98 | 126,474 | 0.02 | 772,366,134 | 79.95 | 158,900 |
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13. To authorise the Directors to allot shares. | 756,065,574 | 97.88 | 16,370,633 | 2.12 | 772,436,207 | 79.96 | 88,827 |
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14. To authorise the partial disapplication of pre-emption rights**** | 772,208,968 | 99.97 | 226,140 | 0.03 | 772,435,108 | 79.96 | 89,926 |
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15. To authorise the partial disapplication of pre-emption rights in connection with an acquisition or investment**** | 762,195,042 | 98.67 | 10,241,657 | 1.33 | 772,436,699 | 79.96 | 88,334 |
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16. To authorise the Company to purchase its own shares**** | 762,150,301 | 98.76 | 9,537,521 | 1.24 | 771,687,822 | 79.88 | 837,211 |
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17. To authorise the Company to call general meetings on not less than 14 clear days' notice**** | 742,071,421 | 96.08 | 30,298,339 | 3.92 | 772,369,760 | 79.95 | 155,274 |
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18. Amendment to Articles of Association **** | 772,361,709 | 99.99 | 5,989 | 0.01 | 772,367,698 | 79.95 | 157,336 |
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NOTES:
* The "For" votes include those giving the Chairman discretion.
** Votes "For" and "Against" are expressed as a percentage of votes received.
***A vote "withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" the resolution.
****Denotes Special Resolutions
The full text of the resolutions can be found in the Notice of Annual of General Meeting, which is available for inspection at the National Storage Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism and also on the Company's website at https://plc.autotrader.co.uk
A copy of the resolutions passed under special business (as defined by the listing rules of the UK Listing Authority) will shortly be submitted to the National Storage Mechanism for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
Claire Baty
Company Secretary
About Auto Trader
Auto Trader Group plc is the UK and Ireland's largest digital automotive marketplace. Auto Trader sits at the heart of the UK's vehicle buying process and its primary activity is to help vehicle retailers compete effectively on the marketplace in order to sell more vehicles, faster. Auto Trader listed on the London Stock Exchange in March 2015 and is now a member of the FTSE100 Index.
The marketplace brings together the largest and most engaged consumer audience. Auto Trader has over 90% prompted brand awareness and attracts circa 50 million monthly cross platform visits each month, with over 70% of visits coming through mobile devices.
For more information, please visit https://plc.autotrader.co.uk/