15 Jun 2011 17:45
The Governor and Company of the Bank of Ireland
Resolutions Passed at the Annual General Court
All of the resolutions proposed at the Annual General Court of the Bank held on 15 June 2011 were duly passed.
The Results of the voting on each resolution are as follows:
Resolution 1
To receive the Report and Accounts.
RESOLUTION | VOTESFOR | % | VOTES AGAINST | % | VOTES WITHHELD | VOTESTOTAL |
1 |
2,632,912,366 | 99.94 | 1,464,811 | 0.06 | 4,305,112 | 2,634,377,177 |
Resolution 2
To receive the Report on Directors' Remuneration.
RESOLUTION | VOTESFOR | % | VOTES AGAINST | % | VOTES WITHHELD | VOTESTOTAL |
2 | 2,633,197,150 | 99.83 | 4,430,045 | 0.17 | 1,069,681 | 2,637,627,195 |
Resolution 3
(i) To elect Patrick Kennedy as a Director
RESOLUTION | VOTESFOR | % | VOTES AGAINST | % | VOTES WITHHELD | VOTESTOTAL |
3(i) | 2,628,786,225 | 99.69 | 8,148,084 | 0.31 | 1,750,294 | 2,636,934,309 |
(ii) To re-elect the following Directors, by separate resolutions
(a) Pat Molloy
(b) Richie Boucher
(c) Rose Hynes
(d) Jerome Kennedy
(e) John O'Donovan
(f) Patrick O'Sullivan.
RESOLUTION | VOTESFOR | % | VOTES AGAINST | % | VOTES WITHHELD | VOTESTOTAL |
(a) | 2,615,121,628 | 99.16 | 22,150,550 | 0.84 | 1,363,753 | 2,637,272,178 |
(b) | 2,619,920,224 | 99.35 | 17,167,224 | 0.65 | 1,613,648 | 2,637,087,448 |
(c) | 2,625,753,216 | 99.60 | 10,673,348 | 0.40 | 2,245,644 | 2,636,426,564 |
(d) | 2,625,755,659 | 99.59 | 10,836,723 | 0.41 | 2,061,344 | 2,636,592,382 |
(e) | 2,594,056,395 | 98.37 | 42,912,828 | 1.63 | 1,706,902 | 2,636,969,223 |
(f) | 2,578,656,446 | 97.79 | 58,160,236 | 2.21 | 1,807,939 | 2,636,816,682 |
Resolution 4
To authorise the Directors to determine the remuneration of the auditors.
RESOLUTION | VOTESFOR | % | VOTES AGAINST | % | VOTES WITHHELD | VOTESTOTAL |
4 | 2,632,565,801 | 99.83 | 4,614,584 | 0.17 | 1,612,474 | 2,637,180,385 |
Resolution 5
To determine the re-issue price range for the treasury stock.
RESOLUTION | VOTESFOR | % | VOTES AGAINST | % | VOTES WITHHELD | VOTESTOTAL |
5 | 2,628,534,148 | 99.69 | 8,222,830 | 0.31 | 1,949,689 | 2,636,756,978 |
Resolution 6
To maintain the existing authority to convene an EGM by 14 days' notice.
RESOLUTION | VOTESFOR | % | VOTES AGAINST | % | VOTES WITHHELD | VOTESTOTAL |
6 | 2,576,935,013 | 97.71 | 60,310,512 | 2.29 | 1,512,738 | 2,637,245,525 |
Resolution 7
To renew the Directors' authority to issue Ordinary Stock on a non-pre-emptive basis for cash.
RESOLUTION | VOTESFOR | % | VOTES AGAINST | % | VOTES WITHHELD | VOTESTOTAL |
7 | 2,626,816,999 | 99.62 | 10,077,549 | 0.38 | 1,890,715 | 2,636,894,548 |
Resolution 8
To renew the Directors' authority to issue Ordinary Stock on a non-pre-emptive basis other than for cash.
RESOLUTION | VOTESFOR | % | VOTES AGAINST | % | VOTES WITHHELD | VOTESTOTAL |
8 | 2,370,381,955 | 89.89 | 266,526,020 | 10.11 | 1,850,284 | 2,636,907,975 |
Resolution 9
(i) To reduce stock premium.
RESOLUTION | VOTESFOR | % | VOTES AGAINST | % | VOTES WITHHELD | VOTESTOTAL |
9(i) | 2,624,638,197 | 99.57 | 11,292,555 | 0.43 | 2,762,033 | 2,635,930,752 |
(ii) To authorise the Directors to determine the amount of stock premium.
RESOLUTION | VOTESFOR | % | VOTES AGAINST | % | VOTES WITHHELD | VOTESTOTAL |
9(ii) | 2,624,416,145 | 99.56 | 11,658,357 | 0.44 | 2,686,316 | 2,636,074,502 |
The "Vote Withheld" option is provided to enable abstention on any particular resolution. However, it should be noted that a "Vote Withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" a resolution.
The full text of each resolution was set out in the Governor's Letter to holders of Ordinary Stock and Notice of the Annual General Court which was posted to stockholders on 12 May 2011.
Copies of these resolutions have been forwarded to the Irish Stock Exchange and available for inspection at the following location:
Company Announcements Office,
Irish Stock Exchange,
28 Anglesea Street,
Dublin 2,
Ireland.
Tel: + 353 1 6174200
and on the following website:
http://www.hemscott.com/nsm.do
15 June 2011
For further information contact:
Helen Nolan, Group Secretary
Tel: + 353 76 6234710