25 Jun 2020 16:00
Balfour Beatty plc (the 'Company')
AGM Results
25 June 2020
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Balfour Beatty plc announces that, at its Annual General Meeting ('AGM') held on 25 June 2020, the resolutions set out in the Notice of AGM dated 1 June 2020 were passed following a poll on each resolution.
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Resolutions 1 to 15 were passed as Ordinary Resolutions and Resolutions 16 to 18 were passed as Special Resolutions. The table below details votes cast on each resolution.
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 | Votes For | % | Votes Against | % | Votes Total | % of ISC Voted | Votes Withheld |
Resolution 1: To adopt the Directors' Report and Accounts for the year ended 31 December 2019 Â | 495,032,232 | 94.58 | 28,356,328 | 5.42 | 523,388,560 | 75.88 | 10,612,926 |
Resolution 2: To approve the Directors' Remuneration Report for the year ended 31Â December 2019 | 441,450,058 | 82.68 | 92,500,778 | 17.32 | 533,950,836 | 77.41 | 50,650 |
Resolution 3: To approve the Directors' Remuneration Policy for the year ended 31 December 2019 | 471,417,406 | 93.57 | 32,405,719 | 6.43 | 503,823,125 | 73.05 | 30,178,361 |
Resolution 4: To re-elect Mr P S Aiken AM as a Director | 478,921,831 | 90.69 | 49,139,889 | 9.31 | 528,061,720 | 76.56 | 5,939,766 |
Resolution 5: To re-elect Dr S R Billingham as a Director | 528,155,048 | 98.92 | 5,787,663 | 1.08 | 533,942,711 | 77.41 | 58,776 |
Resolution 6: To re-elect Mr S J Doughty CMG as a Director | 528,116,184 | 98.91 | 5,825,652 | 1.09 | 533,941,836 | 77.41 | 59,651 |
Resolution 7: To re-elect Mr P J Harrison as a Director | 530,073,742 | 99.28 | 3,858,648 | 0.72 | 533,932,390 | 77.41 | 69,097 |
Resolution 8: To re-elect Mr M A Lucki as a Director  | 530,346,849 | 99.33 | 3,583,199 | 0.67 | 533,930,048 | 77.41 | 71,439 |
Resolution 9: To elect Ms B J Moorhouse as a Director  | 528,736,081 | 99.03 | 5,205,202 | 0.97 | 533,941,283 | 77.41 | 60,204 |
Resolution 10: To elect Mr L M Quinn as a Director  | 522,670,670 | 97.89 | 11,274,256 | 2.11 | 533,944,926 | 77.41 | 56,561 |
Resolution 11: To elect Miss Anne Drinkwater as a Director  | 530,959,009 | 99.44 | 2,981,474 | 0.56 | 533,940,483 | 77.41 | 61,004 |
Resolution 12: To reappoint KPMG LLP as auditor  | 533,822,111 | 99.99 | 76,788 | 0.01 | 533,898,899 | 77.41 | 102,588 |
Resolution 13: To authorise the Directors to determine the remuneration of the auditor | 533,888,561 | 99.99 | 53,048 | 0.01 | 533,941,609 | 77.41 | 59,878 |
Resolution 14: To authorise the Company and its UK subsidiaries to incur political expenditure | 517,209,960 | 96.86 | 16,761,432 | 3.14 | 533,971,392 | 77.42 | 30,095 |
Resolution 15: To authorise the Directors to allot shares | 516,261,008 | 96.69 | 17,676,947 | 3.31 | 533,937,955 | 77.41 | 63,532 |
Resolution 16*: To authorise the Directors to allot shares for cash on a non pre-emptive basis | 525,720,240 | 98.46 | 8,223,964 | 1.54 | 533,944,204 | 77.41 | 57,283 |
Resolution 17*: To renew the authority for the Company to purchase its own ordinary shares | 500,587,459 | 94.27 | 30,404,666 | 5.73 | 530,992,125 | 76.98 | 3,009,361 |
Resolution 18*: To authorise the Company to hold meetings, other than an Annual General Meeting, on 14 clear days' notice | 511,977,239 | 95.88 | 21,993,419 | 4.12 | 533,970,658 | 77.42 | 30,829 |
 * Special Resolution
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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 23 June 2020 was 689,739,619, each carrying one vote.
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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 https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
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Please do not hesitate to contact ShareholderQuestions@balfourbeatty.com should you have any queries regarding this announcement. Please note that this email address will be deactivated one week after conclusion of the AGM.
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Balfour Beatty plc's Legal Entity Identifier is CT4UIJ3TUKGYYHMENQ17.