Last checked at 29 Sep 2020 12:18
Carclo plc ("the Company")
LEI: 21380078MEM399JPI956
29 September 2020
Results of Annual General Meeting
The Company announces that at its Annual General Meeting ("AGM") held earlier today as a closed meeting, in response to the COVID-19 guidance, all of the resolutions proposed in the Notice of General Meeting dated 4 September 2020 were duly passed by shareholders by means of a poll vote.
The Board notes that, although Resolutions 3, 12 and 15 were passed by shareholders, there was a lower level of support for them; the Board will engage with its shareholders to discuss this in due course.
The results of the poll on each resolution are set out below.
Resolution | For (including discretionary votes) | Against | Votes Withheld | ||||
Number of votes | % of votes cast | Number of votes | % of votes cast | Total votes cast (excluding votes withheld) | % of issued share capital voted (excluding votes withheld | ||
1.To receive the audited accounts and the auditors' and directors' reports for the year ended 31 March 2020 | 15,217,907
| 81.44%
| 3,468,828
| 18.56%
| 18,686,735
| 25.45
| 0
|
2. To approve the directors' remuneration report for the year ended 31 March 2020 | 14,345,692
| 80.12%
| 3,559,372
| 19.88%
| 17,905,064
| 24.39
| 781,671
|
3. To approve the directors' remuneration policy for the year ended 31 March 2020 | 14,002,372
| 76.26%
| 4,357,842
| 23.74%
| 18,360,214
| 25.01
| 326,521
|
4. To elect Antony Collins as a director | 15,160,724
| 81.25%
| 3,499,234
| 18.75%
| 18,659,958
| 25.42
| 26,777
|
5. To elect Matt Durkin-Jones as a director | 15,155,724
| 81.22%
| 3,504,234
| 18.78%
| 18,659,958
| 25.42
| 26,777
|
6. To elect Nick Sanders as a director | 15,160,724
| 81.25%
| 3,499,234
| 18.75%
| 18,659,958
| 25.42
| 26,777
|
7. To re-elect Joe Oatley as a director | 15,170,975
| 81.30%
| 3,489,760
| 18.70%
| 18,660,735
| 25.42
| 26,000
|
8. To re-elect Peter Slabbert as a director | 15,138,781
| 81.14%
| 3,519,331
| 18.86%
| 18,658,112
| 25.41
| 28,623
|
9. To re-elect David Toohey as a director | 15,132,901
| 81.11%
| 3,524,991
| 18.89%
| 18,657,892
| 25.41
| 28,843
|
10. To re-appoint Mazars LLP as auditors | 15,189,468
| 81.39%
| 3,473,505
| 18.61%
| 18,662,973
| 25.42
| 23,762
|
11. To authorise the audit committee of the board of directors to determine the auditors' remuneration | 15,177,374
| 81.28%
| 3,494,745
| 18.72%
| 18,672,119
| 25.43
| 14,616
|
12. To approve, adopt and ratify the decisions of the current and former directors of the Company to pay fees to directors | 14,096,130
| 76.57%
| 4,314,425
| 23.43%
| 18,410,555
| 25.08
| 276,180
|
13. To authorise the directors to allot shares up to the specified limit | 15,170,917
| 81.19%
| 3,515,059
| 18.81%
| 18,685,976
| 25.45
| 759
|
14. To empower the directors to issue shares for cash free from statutory pre-emption rights up to the specified limit | 15,014,322
| 80.45%
| 3,649,442
| 19.55%
| 18,663,764
| 25.42
| 22,971
|
15. To authorise the Company to purchase its own shares up to the specified limit | 14,321,050
| 76.64%
| 4,365,685
| 23.36%
| 18,686,735
| 25.45
| 0
|
16. To authorise the calling of any general meeting (other than an annual general meeting) by not less than 14 clear days' notice | 15,206,441
| 81.39%
| 3,478,062
| 18.61%
| 18,684,503
| 25.45
| 2,232
|
Notes:
a. The number of shares in issue and eligible to vote at the meeting was 73,419,193 ordinary shares. Each shareholder, present in person or by proxy, was entitled to one vote per share held;
b. A vote withheld is not a vote in law and is not counted in the calculation of votes for or against the resolutions.
c. Any proxy appointments which gave discretion to the Chairman have been included in the for total
d. In accordance with UK Listing Rule 9.6.2, copies of all resolutions passed other than resolutions concerning ordinary business have been submitted to the Financial Conduct Authority via the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
e. A copy of the Annual General Meeting results will be available on the Carclo plc website at http://www.carclo-plc.com/
Enquiries: |
Carclo plc 01924 268040 |
Antony Collins - Group Chief Executive
FTI Consulting 020 3727 1340Nick Hasell / Susanne Yule |