Last checked at 
16 Jul 2015 12:49
Caledonia Investments plc: Result of Annual General Meeting
Caledonia Investments plc (the "Company") is pleased to announce that all of the resolutions proposed at its annual general meeting held on 16 July 2015 were duly passed. Resolutions 9, 10, 11, 12, 13 and 14, relating to the election of independent directors, were passed by separate majorities of all shareholders and of those shareholders who are independent of the Cayzer family concert party, the members of which are regarded as controlling shareholders for the purposes of the Listing Rules.
The following table indicates the number of valid proxy votes lodged in advance of the meeting for each of the resolutions. It should be noted that votes withheld do not constitute votes in law and therefore are not counted in the number of votes for or against any resolution.
Resolution | In favour | Against | Withheld | Total lodged | |||
No | No. | % | No. | % | No. | No. | |
1 | To receive and adopt the directors' report and the accounts for the year ended 31 March 2015 | 37,651,724 | 99.99 | 554 | 0.01 | 670 | 37,652,948 |
2 | To approve the directors' remuneration report for the year ended 31 March 2015 (other than the directors' remuneration policy) | 37,495,633 | 99.59 | 152,545 | 0.41 | 4,770 | 37,652,948 |
3 | To approve and declare a final dividend of 36.8p per ordinary share | 37,651,724 | 99.99 | 554 | 0.01 | 670 | 37,652,948 |
4 | To re-elect Mr R D Kent as a director | 37,571,089 | 99.79 | 78,472 | 0.21 | 3,387 | 37,652,948 |
5 | To re-elect Mr W P Wyatt as a director | 37,617,501 | 99.91 | 33,377 | 0.09 | 2,070 | 37,652,948 |
6 | To re-elect Mr S A King as a director | 37,650,324 | 99.99 | 554 | 0.01 | 2,070 | 37,652,948 |
7 | To re-elect Mr J M B Cayzer-Colvin as a director | 37,645,324 | 99.99 | 5,554 | 0.01 | 2,070 | 37,652,948 |
8 | To re-elect The Hon C W Cayzer as a director | 37,489,577 | 99.57 | 161,301 | 0.43 | 2,070 | 37,652,948 |
9 | To re-elect Mr H Y H Boël as a director (all shareholders) | 36,124,854 | 96.51 | 1,308,184 | 3.49 | 219,910 | 37,652,948 |
9 | To re-elect Mr H Y H Boël as a director (independent shareholders) | 10,675,218 | 89.08 | 1,308,184 | 10.92 | 219,910 | 12,203,312 |
10 | To re-elect Mr S J Bridges as a director (all shareholders) | 37,643,789 | 99.98 | 5,772 | 0.02 | 3,387 | 37,652,948 |
10 | To re-elect Mr S J Bridges as a director (independent shareholders) | 12,194,153 | 99.95 | 5,772 | 0.05 | 3,387 | 12,203,312 |
11 | To re-elect Mr C H Gregson as a director (all shareholders) | 37,645,224 | 99.98 | 5,654 | 0.02 | 2,070 | 37,652,948 |
11 | To re-elect Mr C H Gregson as a director (independent shareholders) | 12,195,588 | 99.95 | 5,654 | 0.05 | 2,070 | 12,203,312 |
12 | To re-elect Mr R B Woods as a director (all shareholders) | 37,645,224 | 99.98 | 5,654 | 0.02 | 2,070 | 37,652,948 |
12 | To re-elect Mr R B Woods as a director (independent shareholders) | 12,195,588 | 99.95 | 5,654 | 0.05 | 2,070 | 12,203,312 |
13 | To elect Mr D C Stewart as a director (all shareholders) | 37,649,971 | 99.99 | 604 | 0.01 | 2,373 | 37,652,948 |
13 | To elect Mr D C Stewart as a director (independent shareholders) | 12,200,335 | 99.99 | 604 | 0.01 | 2,373 | 12,203,312 |
14 | To elect Mrs S C R Jemmett-Page as a director (all shareholders) | 37,650,174 | 99.99 | 704 | 0.01 | 2,070 | 37,652,948 |
14 | To elect Mrs S C R Jemmett-Page as a director (independent shareholders) | 12,200,538 | 99.99 | 704 | 0.01 | 2,070 | 12,203,312 |
15 | To re-appoint KPMG LLP as auditor | 37,617,161 | 99.91 | 34,967 | 0.09 | 820 | 37,652,948 |
16 | To authorise the directors to agree the auditor's remuneration | 37,626,071 | 99.93 | 26,207 | 0.07 | 670 | 37,652,948 |
17 | To grant the Company authority to make market purchases of its own shares | 37,644,185 | 99.98 | 8,120 | 0.02 | 670 | 37,652,975 |
18 | To approve the waiver of the mandatory offer provisions set out in Rule 9 of the City Code on Takeovers and Mergers in relation to the Cayzer Concert Party* | 9,544,622 | 79.01 | 2,535,899 | 20.99 | 121,372 | 12,201,893 |
19 | To authorise the allotment of unissued shares | 37,640,911 | 99.98 | 9,014 | 0.02 | 3,023 | 37,652,948 |
20 | To authorise the allotment of shares on a non pre-emptive basis | 37,614,237 | 99.95 | 18,461 | 0.05 | 20,250 | 37,652,948 |
21 | To authorise the convening of general meetings (other than annual general meetings) on not less than 14 clear days' notice | 37,141,996 | 98.64 | 510,282 | 1.36 | 670 | 37,652,948 |
*As required by the City Code on Takeovers and Mergers, the Cayzer family concert party did not vote on this resolution.
Each of the resolutions was voted on by way of a show of hands, other than resolution 18 which was voted on by way of a poll. The numbers of votes cast at the meeting on resolution 18 were 9,469,302 in favour and 2,535,899 against.
At the date of the annual general meeting there were 55,381,017 ordinary shares with voting rights in issue. No shares are held in treasury.
In accordance with Listing Rule 9.6.2, copies of resolutions 17 to 21, being the resolutions passed as special business at the annual general meeting, have been submitted to the National Storage Mechanism and will shortly be available at: www.Hemscott.com/nsm.do.
Enquiries:
G P Denison,
Company Secretary
Tel: +44 (0)20 7802 8080
16 July 2015
END
All of the resolutions proposed at the annual general meeting are also set out in the circular to shareholders incorporating the notice of the 2015 annual general meeting available on Caledonia's website at www.caledonia.com.
Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.