Last checked at 25 May 2018 07:00
Balfour Beatty plc
LEI: CT4UIJ3TUKGYYHMENQ17
AGM Results
Balfour Beatty plc (the "Company") announces that, at its Annual General Meeting ("AGM") held on 24 May 2018, the resolutions set out in the Notice of AGM dated 3 April 2018 were passed following a poll on each resolution.
The results of the polls were as follows:
For | Against | Votes Withheld | |
Resolution 1: To adopt the Directors' Report and Accounts for the year ended 31 December 2017
| 523,539,365 (99.66%) | 1,771,068 (0.34%) | 10,099,673 |
Resolution 2: To approve the Directors' Remuneration Report for the year ended 31 December 2017 | 399,105,828 (86.37%) | 62,970,570 (13.63%) | 73,333,706 |
Resolution 3: To declare a final dividend on the ordinary shares of the Company | 535,386,876 (100.00%) | 16,052 (0.00%) | 7,178 |
Resolution 4: To re-elect Mr P S Aiken AM as a Director | 472,383,165 (89.75%) | 53,938,739 (10.25%) | 9,080,877 |
Resolution 5: To re-elect Dr S R Billingham as a Director | 518,090,766 (96.77%) | 17,273,641 (3.23%) | 38,376 |
Resolution 6: To re-elect Mr S J Doughty CMG as a Director | 531,921,699 (99.36%) | 3,441,270 (0.64%) | 39,814 |
Resolution 7: To re-elect Mr I G T Ferguson CBE as a Director | 482,250,576 (90.08%) | 53,123,393 (9.92%) | 28,813 |
Resolution 8: To re-elect Mr P J Harrison as a Director
| 532,439,145 (99.45%) | 2,927,761 (0.55%) | 35,282 |
Resolution 9: To elect Mr M A Lucki as a Director
| 532,497,898 (99.46%) | 2,875,203 (0.54%) | 29,682 |
Resolution 10: To elect Ms B J Moorhouse as a Director
| 532,608,334 (99.49%) | 2,756,762 (0.51%) | 37,687 |
Resolution 11: To re-elect Mr L M Quinn as a Director
| 526,502,909 (98.34%) | 8,873,793 (1.66%) | 26,081 |
Resolution 12: To reappoint KPMG LLP as auditor
| 534,101,791 (99.77%) | 1,222,481 (0.23%) | 85,534 |
Resolution 13: To authorise the Audit and Risk Committee of the Board to determine the remuneration of the auditor | 534,177,804 (99.78%) | 1,202,517 (0.22%) | 28,410 |
Resolution 14: To authorise the Company and its UK subsidiaries to incur political expenditure | 492,800,474 (92.05%) | 42,551,337 (7.95%) | 56,919 |
Resolution 15: To authorise the Directors to allot shares | 516,517,449 (96.48%) | 18,867,018 (3.52%) | 19,514 |
Resolution 16: To authorise the Directors to allot shares for cash on a non pre-emptive basis* | 523,189,791 (97.72%) | 12,186,276 (2.28%) | 27,914 |
Resolution 17: To renew the authority for the Company to purchase its own ordinary and preference shares* | 500,908,689 (94.16%) | 31,048,631 (5.84%) | 3,446,659 |
Resolution 18: To authorise the Company to hold meetings, other than an Annual General Meeting, on 14 clear days' notice* | 510,967,569 (95.44%) | 24,407,200 (4.56%) | 30,287 |
* Special Resolution
Notes:
1. The percentages above are rounded to two decimal places.
2. A vote withheld is not a vote in law and is not counted in the calculation of votes "For" and
"Against" a resolution.
3. The total number of Ordinary Shares of 50p each in the Company in issue at close of business on
22 May 2018 was 689,739,619, each carrying one vote.
4. Resolutions 16 to 18 were each passed as Special Resolutions.
In accordance with Listing Rule 9.6.2R, copies of each of Resolutions 14 to 18 will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.
24 May 2018