Last checked at 26 Aug 2021 15:52
26 August 2021
BRAEMAR SHIPPING SERVICES PLC
("Braemar", the "Company" or the "Group")
Results of Annual General Meeting
Braemar Shipping Services Plc (LSE: BMS), a leading international Shipbroker and provider of expert advice in shipping investment, chartering, risk management and logistics services, is pleased to announce that each of the resolutions proposed at its Annual General Meeting (the "AGM") held earlier today were duly passed by means of a poll vote.
The poll results were as follows:
| Resolution | Votes For | % For | Votes Against | % Against | Total Votes | % of ISC voted | Votes Withheld |
1 | Receipt of the audited annual accounts and reports | 8,099,680 | 99.96 | 3,517 | 0.04 | 8,103,197 | 25.33 | 5,872 |
2 | Approval of the directors' remuneration report (other than the remuneration policy) | 6,749,027 | 83.51 | 1,333,085 | 16.49 | 8,082,112 | 25.26 | 26,957 |
3 | Approval of the final dividend | 8,106,004 | 99.97 | 2,096 | 0.03 | 8,108,100 | 25.34 | 969 |
4 | Re-election of Elizabeth Gooch as a director | 7,206,409 | 99.51 | 35,333 | 0.49 | 7,241,742 | 22.63 | 867,327 |
5 | Re-election of James Gundy as a director | 7,774,406 | 96.17 | 309,954 | 3.83 | 8,084,360 | 25.27 | 24,709 |
6 | Re-election of Stephen Kunzer as a director | 8,064,735 | 99.76 | 19,594 | 0.24 | 8,084,329 | 25.27 | 24,740 |
7 | Re-election of Nigel Payne as a director | 7,798,976 | 96.47 | 285,384 | 3.53 | 8,084,360 | 25.27 | 24,709 |
8 | Re-election of Tristram Simmonds as a director | 7,805,115 | 96.57 | 277,205 | 3.43 | 8,082,320 | 25.26 | 26,749 |
9 | Re-election of Nicholas Stone as a director | 7,813,518 | 96.65 | 270,842 | 3.35 | 8,084,360 | 25.27 | 24,709 |
10 | Re-election of Lesley Watkins as a director | 7,811,551 | 96.64 | 271,314 | 3.36 | 8,082,865 | 25.26 | 26,204 |
11 | Re-appointment of BDO LLP as auditors | 8,061,826 | 99.74 | 21,087 | 0.26 | 8,082,913 | 25.26 | 26,156 |
12 | Authority to determine the auditor's remuneration | 8,065,351 | 99.81 | 15,463 | 0.19 | 8,080,814 | 25.26 | 28,255 |
13 | Authority to allot share capital | 8,040,054 | 99.27 | 59,329 | 0.73 | 8,099,383 | 25.31 | 9,686 |
14 | Approval of the Deferred Bonus Plan | 8,011,205 | 99.18 | 66,118 | 0.82 | 8,077,323 | 25.25 | 31,746 |
15 | Authority to disapply pre-emption rights* | 7,993,046 | 98.86 | 92,205 | 1.14 | 8,085,251 | 25.27 | 23,818 |
16 | Authority to further disapply pre-emption rights* | 6,846,738 | 84.69 | 1,237,821 | 15.31 | 8,084,559 | 25.27 | 24,510 |
17 | Authority to purchase own shares* | 8,065,204 | 99.50 | 40,628 | 0.50 | 8,105,832 | 25.33 | 3,237 |
18 | Authority to call a general meeting (other than the Annual General Meeting) on 14 clear days' notice* | 8,079,811 | 99.82 | 14,789 | 0.18 | 8,094,600 | 25.30 | 14,469 |
* indicates special resolutions requiring a 75% majority.
Please note that a vote withheld is not a vote under English law and is not counted in the calculation of the votes "for" and "against" a resolution. The total voting rights that members were entitled to exercise at the AGM were 31,995,335.
For further information, contact:
Braemar Shipping Services Plc |
|
James Gundy, Group Chief Executive Officer | Tel +44 (0) 20 3142 4100 |
Nick Stone, Chief Financial Officer |
|
Peter Mason, Company Secretary |
|
finnCap |
|
Matt Goode/ James Thompson |
|
Buchanan | Tel +44 (0) 20 7220 0500 |
Charles Ryland / Victoria Hayns / Stephanie Watson / Matilda Abraham |
|
| Tel +44 (0) 20 7466 5000 |
Notes to Editors:
About Braemar
Braemar is a leading international Shipbroker and provider of expert advice in shipping investment, chartering and risk management. Braemar employs approximately 520 people in 30 locations worldwide across its Shipbroking, Financial 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