Last checked at 22 Jun 2017 16:18
BRAEMAR SHIPPING SERVICES PLC
("Braemar", the "Company" or the "Group")
Result of AGM
Braemar Shipping Services plc (LSE: BMS) is pleased to announce that each of the resolutions proposed at the Annual General Meeting held earlier today were duly passed by means of a poll vote.
The votes cast were as follows:
Resolution | For | % For | Against | % Against | Withheld | Total |
Resolution 1 Receipt of Financial Statements for the year ended 28 February 2017 | 5,767,104 | 99.71% | 16,862 | 0.29% | 1,500 | 5,785,466 |
Resolution 2 Approval of directors' remuneration report | 4,548,580 | 78.78% | 1,225,460 | 21.22% | 11,425 | 5,785,465 |
Resolution 3 Approval of remuneration policy | 4,515,598 | 78.27% | 1,253,979 | 21.73% | 15,888 | 5,785,465 |
Resolution 4 Declaration of a final dividend of 5 pence per ordinary share | 5,779,969 | 99.92% | 4,422 | 0.08% | 1,075 | 5,785,466 |
Resolution 5 Re-election of David Moorhouse as a director | 4,628,802 | 80.08% | 1,151,768 | 19.92% | 4,896 | 5,785,466 |
Resolution 6 Re-election of Mark Tracey as a director | 4,628,168 | 80.09% | 1,150,646 | 19.91% | 6,652 | 5,785,466 |
Resolution 7 Re-election of Jurgen Breuer as a director | 4,621,441 | 79.95% | 1,158,629 | 20.05% | 5,396 | 5,785,466 |
Resolution 8 Re-election of Alastair Farley as a director | 4,627,009 | 80.08% | 1,151,021 | 19.92% | 7,436 | 5,785,466 |
Resolution 9 Re-election of James Kidwell as a director | 4,595,401 | 98.90% | 50,963 | 1.10% | 1,139,102 | 5,785,466 |
Resolution 10 Re-election of Louise Evans as a director | 4,592,632 | 98.89% | 51,692 | 1.11% | 1,141,142 | 5,785,466 |
Resolution 11 Re-appointment of KPMG LLP as auditors | 5,756,576 | 99.63% | 21,471 | 0.37% | 7,419 | 5,785,466 |
Resolution 12 To authorise the directors to determine the auditor's remuneration | 5,773,682 | 99.83% | 9,657 | 0.17% | 2,127 | 5,785,466 |
Resolution 13 Authority to allot share capital | 5,456,188 | 94.36% | 325,856 | 5.64% | 3,422 | 5,785,466 |
Resolution 14 Authority of directors to dis-apply pre-emption rights | 4,569,837 | 79.05% | 1,211,328 | 20.95% | 4,301 | 5,785,466 |
Resolution 15 Authority of directors to further dis-apply pre-emption rights | 4,576,642 | 79.13% | 1,207,215 | 20.87% | 1,609 | 5,785,466 |
Resolution 16 Authority to purchase own shares | 5,729,400 | 99.05% | 55,049 | 0.95% | 1,017 | 5,785,466 |
Resolution 17 Authority to call a general meeting (other than the Annual General Meeting) on 14 days' clear notice | 5,757,847 | 99.60% | 23,301 | 0.40% | 4,317 | 5,785,465 |
-Ends-
For further information, contact:
Braemar Shipping Services | |
James Kidwell, Chief Executive | Tel +44 (0) 20 3142 4100 |
Louise Evans, Finance Director | Tel +44 (0) 20 3142 4100 |
Stockdale Securities | |
Robert Finlay / Antonio Bossi / Henry Willcocks | Tel +44 (0) 20 7601 6100 |
Buchanan | |
Charles Ryland / Victoria Hayns / Stephanie Watson | Tel +44 (0) 20 7466 5000
|
Notes to Editors:
About Braemar Shipping Services plc
Braemar Shipping Services plc is a leading international provider of knowledge and skill-based services to the shipping, marine, energy, offshore and insurance industries. Founded in 1972, Braemar employs approximately 850 people in more than 70 locations worldwide across its Shipbroking, Technical and Logistics divisions.
Braemar joined the Official List of the London Stock Exchange in November 1997 and trades under the symbol BMS.
For more information, including our investor presentation, visit www.braemar.com