27 Jul 2017 14:07
CHARLES STANLEY GROUP PLC
("Charles Stanley" or "the Company")
RESULT OF AGM
At the Company's Annual General Meeting held on Thursday 27th July 2017, all the resolutions which were set out in the Notice of Meeting circulated to shareholders on 28th June 2017 (the "Notice of Meeting"), were passed on a show of hands.
In accordance with Listing Rule 9.6.18 copies of all resolutions passed, other than ordinary business, will be submitted to the UK Listing Authority. Copies will be available at the National Storage Mechanism at www.hemscott.com/nsm.do.
DIRECTORATE CHANGE
David Pusinelli
As announced on 13th June 2017, following the AGM, David Pusinelli has now retired from the Board and of Charles Stanley & Co Limited, the Company's principal operating company.
Andrew Didham
Andrew Didham has now taken over the role of Senior Independent Director from David Pusinelli.
PROXY APPOINTMENT DISCLOSURE
The Annual General Meeting of Charles Stanley Group PLC was held on 27 July 2017
As at the date of the AGM the total number of shares in issue was 50,692,548. Proxy appointments were received from shareholders of 43,271,106 ordinary shares amounting to 85.4% of the issued share capital.
For resolutions decided on a show of hands, the following levels of proxy appointments and associated instructions were received prior to the meeting:
Res No: | FOR* | AGAINST | Total Votes | % of ISC | Votes Withheld | ||
No of Shares | % of total | No of Shares | % of total | ||||
Resolution 1 Adoption of Annual Report and Accounts | 43,267,937 | 99.99 | 285 | 0.01 | 43,268,222 | 85.4 | 2,884 |
Resolution 2 Declaration of Dividend | 43,268,577 | 99.99 | 1,584 | 0.01 | 43,270,141 | 85.4 | 965 |
Resolution 3 Approval of the Directors' Remuneration Report | 43,252,384 | 99.99 | 6,369 | 0.01 | 43,258,753 | 85.3 | 12,353 |
Resolution 4 Re-election of Sir David Howard Bt. | 43,261,181 | 100 | 0 | 0 | 43,261,181 | 85.3 | 9,925 |
Resolution 5 Re-election of Paul Abberley | 43,246,271 | 99.96 | 16,225 | 0.04 | 43,262,496 | 85.3 | 8,610 |
Resolution 6 Re-election of Benjamin Money-Coutts | 43,246,222 | 99.95
| 22,301 | 0.05 | 43,268,523 | 85.4 | 2,583 |
Resolution 7 Re-election of Gary Teper | 43,266,790 | 99.99 | 2,816 | 0.01 | 43,269,606 | 85.4 | 1,500 |
Resolution 8 Re-election of Bridget Guerin | 43,261,400 | 99.99 | 1,676 | 0.01 | 43,263,076 | 85.3 | 8,030 |
Resolution 9 Re-election of Andrew Didham | 43,262,983 | 99.99 | 1,676 | 0.01 | 43,264,659 | 85.3 | 6,447 |
Resolution 10 Re-appointment of KPMG LLP as Auditor | 43,263,275 | 99.99 | 2,612 | 0.01 | 43,265,887 | 85.3 | 5,219 |
Resolution 11 Authorise the Directors to determine the remuneration of the Auditors | 43,270,141 | 100 | 0 | 0 | 43,270,141 | 85.4 | 965 |
Resolution 12 Renewal of authority to allot shares | 43,256,126 | 99.99 | 3,676 | 0.01 | 43,259,802 | 85.3 | 11,304 |
Resolution 13 Disapplication of pre-emption rights | 43,254,323 | 99.99 | 3,432 | 0.01 | 43,254,755 | 85.3 | 13,321 |
Resolution 14 Disapplication of pre-emption rights | 43,250,090 | 99.99 | 4,382 | 0.01 | 43,254,472 | 85.3 | 16,634 |
Resolution 15 14 clear days' notice for general meetings | 43,256,184 | 99.99 | 4,230 | 0.01 | 43,260,414 | 85.3 | 10,692 |
VOTES OF INDEPENDENT SHAREHOLDERS ON THE RESOLUTIONS CONCERNING THE RE-ELECTION OF THE INDEPDENT NON-EXECUTIVE DIRECTORS
As at the date of the AGM the total number of shares in issue was 50,692,548. Proxy appointments were received from independent shareholders of 22, 640,012 ordinary shares amounting to 44.7% of the issued share capital.
Res No: | FOR* | AGAINST | Total Votes | % of ISC | Votes Withheld | ||
No of Shares | % of total | No of Shares | % of total | ||||
Resolution 8 Re-election of Bridget Guerin | 22,638,336 | 99.99
| 1,676 | 0.01 | 22,640,012 | 44.7 | 8,030 |
Resolution 9 Re-election of Andrew Didham | 22,639,919 | 99.99 | 1,676 | 0.01 | 22,640,012 | 44.7 | 6,447 |
*Includes discretionary votes
** A vote withheld is not a vote in law and, therefore cannot be counted in the calculation of the proportion of votes for and against a resolution.
For further information, please contact:
Charles Stanley Joanne Higginson PR Manager Via Redleaf | Canaccord Genuity Andrew Buchanan 020 7523 4661 | Peel Hunt Guy Wiehahn 020 7418 8893 | Redleaf Communications Charlie Geller 020 7382 4730 CScapitalmarkets@redleafpr.com |
Notes to editors:
Charles Stanley traces its origins back directly to 1792 and is one of the oldest firms on the London Stock Exchange. Charles Stanley today provides holistic wealth management services to private clients, charities and smaller institutions. These are delivered by over 400 professionals located in 24 offices throughout the UK, both direct to clients and to intermediaries. Our services include investment portfolio management and financial planning, supported by in-house administration to enhance the quality of service provided. In addition, Charles Stanley Direct provides an award winning direct to customer execution-only dealing platform for equities and funds.