16 May 2012 17:28
16 May 2012
Cape plc
("Cape" or the "Company")
Result of 2012 Annual General Meeting
Cape plc, the international provider of essential, non-mechanical support services to the energy and mineral resources sectors, announces that at its Annual General Meeting held earlier today, all the resolutions put to shareholders were duly passed on a poll.
Full details of the resolutions passed, together with explanatory notes, are set out in the Notice of Meeting which is available on the Company's website www.capeplc.com.
Resolutions | For/ Discretion | Against | Total | Vote Withheld* | ||
Number | % | Number | % | |||
1. To receive and adopt the annual report and financial statements of the Company for the financial year ended 31 December 2011. | 76,159,786 | 99.6 | 268,262 | 0.4 | 76,428,048 | 210,780 |
2. To approve a final dividend of 9.5 pence per Ordinary Share of 25 pence each in the Company in respect of the financial year ended 31 December 2011. | 76,625,828 | 100.0 | 3,000 | 0.0 | 76,628,828 | 10,000 |
3. To approve the Directors' Remuneration Report of the Company for the financial year ended 31 December 2011. | 75,748,583 | 99.1 | 671,051 | 0.9 | 76,419,634 | 219,194 |
4. To re-elect Tim Eggar. | 73,473,083 | 98.8 | 927,542 | 1.2 | 74,400,625 | 2,238,203 |
5. To re-elect Richard Bingham. | 75,936,579 | 99.1 | 689,686 | 0.9 | 76,626,265 | 12,563 |
6. To re-elect David McManus. | 75,985,556 | 99.2 | 640,709 | 0.8 | 76,626,265 | 12,563 |
7. To re-elect Michael Merton. | 75,969,465 | 99.1 | 656,800 | 0.9 | 76,626,265 | 12,563 |
8. To elect Brendan Connolly. | 75,425,678 | 99.1 | 689,287 | 0.9 | 76,114,965 | 523,863 |
9. To re-appoint PricewaterhouseCoopers LLP as auditors to the Company. | 76,602,211 | 100.0 | 22,963 | 0.0 | 76,625,174 | 13,654 |
10. To authorise the Directors to determine the auditors' remuneration. | 76,441,198 | 99.8 | 177,976 | 0.2 | 76,619,174 | 19,654 |
11. To authorise the Directors to allot equity securities pursuant to the articles of association of the Company. | 76,112,954 | 99.3 | 514,558 | 0.7 | 76,627,512 | 11,316 |
12. To authorise the Directors to allot equity securities for cash disapplying pre-emption rights in the Company's articles of association. | 74,776,922 | 97.6 | 1,848,790 | 2.4 | 76,625,712 | 13,116 |
13. To authorise the Company to purchase its own shares.(+) | 313,682,585 | 99.4 | 1,852,935 | 0.6 | 315,535,520 | 12,316 |
*'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.
+ Votes for Resolution no. 13 include 238,909,008 votes attributable to the 1 scheme share of £1 held by The Law Debenture Trust Corporation p.l.c.
In accordance with LR 9.6.2, Cape plc has submitted copies of the special resolutions passed at the meeting to the National Storage Mechanism which will shortly be available for inspection at www.hemscott.com/nsm.do.
Enquiries:
Cape plc | |
Jeremy Gorman, Company Secretary | Tel. +44 (0)20 3178 5485
|
M:Communications | |
Patrick d'Ancona | Tel. +44 (0)20 7920 2347 |
Ben Simons | Tel. +44 (0)20 7920 2340 |
About Cape:
Cape plc (www.capeplc.com), which is listed on the main market of the London Stock Exchange, provides a range of non-mechanical industrial services including access systems, insulation, painting, coatings, blasting, industrial cleaning, training and assessment to both industrial plant operators and major international engineering and construction companies.
As a single source provider, Cape is able to provide a range of specialist multi-disciplinary services specifically tailored to meet the needs of the client providing the most intelligent and cost efficient solutions for our customers' non-mechanical in-plant maintenance and capital needs.
In the year ended 31 December 2011, Cape reported revenues of £722.5 million. With scale and leading market positions across its international footprint, Cape employs over 19,000 people in 30 countries.