Last checked at 25 Apr 2019 17:01
CLS Holdings plc
(the "Company" or "CLS")
Result of AGM
At the Annual General Meeting ("AGM") of the Company held at 10.00am today all the resolutions as set out in the Notice of Meeting dated 22 March 2019 were unanimously passed on a poll. These results will shortly be available on the Company's website (www.clsholdings.com):
RESOLUTION | VOTESFOR* | % | VOTES AGAINST | % | VOTESTOTAL | % of ISC VOTED | VOTES WITHHELD** | |
1 | Receive and adopt the Annual Report & Accounts for the year ended 31 December 2018 | 347,271,841 | 100.00 | 4,272 | 0.00 | 347,276,113 | 85.24% | 0 |
2 | Approve the Directors' Annual Remuneration Report | 330,054,396 | 95.05 | 17,201,087 | 4.95 | 347,255,483 | 85.24% | 20,631 |
3 | Approve a final dividend for the year ended 31 December 2018 of 4.70 pence per ordinary share | 347,276,114 | 100.00 | 0 | 0.00 | 347,276,114 | 85.24% | 0 |
4 | Re-elect Henry Klotz as a Director | 332,660,695 | 95.79 | 14,615,418 | 4.21 | 347,276,113 | 85.24% | 0 |
5 | Re-elect Anna Seeley as a Director | 323,692,967 | 93.21 | 23,583,146 | 6.79 | 347,276,113 | 85.24% | 0 |
6 | Re-elect Fredrik Widlund as a Director | 346,194,853 | 99.69 | 1,081,261 | 0.31 | 347,276,114 | 85.24% | 0 |
7 | Re-elect John Whiteley as a Director | 345,946,447 | 99.62 | 1,329,667 | 0.38 | 347,276,114 | 85.24% | 0 |
8 | Re-elect Sten Mortstedt as a Director | 337,969,877 | 97.42 | 8,936,236 | 2.58 | 346,906,113 | 85.15% | 370,000 |
9 | Re-elect Malcolm Cooper as a Director | 331,011,849 | 96.15 | 13,266,356 | 3.85 | 344,278,205 | 84.51% | 2,997,908 |
10 | Re-elect Elizabeth Edwards as a Director | 342,900,634 | 98.74 | 4,375,480 | 1.26 | 347,276,114 | 85.24% | 0 |
11 | Re-elect Christopher Jarvis as a Director | 315,122,305 | 91.66 | 28,658,159 | 8.34 | 343,780,464 | 84.38% | 3,495,649 |
12 | Re-elect Bengt Mortstedt as a Director | 328,976,308 | 94.73 | 18,299,805 | 5.27 | 347,276,113 | 85.24% | 0 |
13 | Re-elect Lennart Sten as a Director | 342,900,634 | 98.74 | 4,375,480 | 1.26 | 347,276,114 | 85.24% | 0 |
14 | Re-appoint Deloitte LLP as auditors | 346,117,635 | 99.67 | 1,153,074 | 0.33 | 347,270,709 | 85.24% | 5,404 |
15 | Authorise the directors to determine the auditors' remuneration | 346,264,312 | 99.71 | 1,011,802 | 0.29 | 347,276,114 | 85.24% | 0 |
16 | Authorise the directors to allot relevant securities | 347,276,114 | 100.00 | 0 | 0.00 | 347,276,114 | 85.24% | 0 |
17 | Authorise the directors to make non pre-emptive share allotments | 347,239,780 | 99.99 | 36,334 | 0.01 | 347,276,114 | 85.24% | 0 |
18 | Authorise the directors to make market purchases of shares | 344,114,444 | 99.09 | 3,161,669 | 0.91 | 347,276,113 | 85.24% | 0 |
19 | Authorise General Meetings to be called on not less than 14 clear days' notice | 346,429,263 | 99.76 | 841,447 | 0.24 | 347,270,710 | 85.24% | 5,404 |
Votes of the Independent Shareholders (excluding the voting interest of Companies owned and controlled by the investment vehicle for the Sten and Karin Mortstedt Family and Charity Trust as Controlling Shareholder holding 51.38% of the Issued Ordinary Share Capital) on the resolutions concerning the election of the Independent non-executive directors. RESOLUTION
| VOTESFOR* | % | VOTES AGAINST | % | VOTESTOTAL | % of Independent ISC VOTED | VOTES WITHHELD** | |
9 | Re-elect Malcolm Cooper as a Director | 121,663,109 | 90.17 | 13,266,356 | 9.83 | 134,929,465 | 68.13% | 2,997,908 |
10 | Re-elect Elizabeth Edwards as a Director | 133,551,894 | 96.83 | 4,375,480 | 3.17 | 137,927,374 | 69.64% | 0 |
11 | Re-elect Christopher Jarvis as a Director | 105,773,565 | 78.68 | 28,658,159 | 21.32 | 134,431,724 | 67.88% | 3,495,649 |
13 | Re-elect Lennart Sten as a Director | 133,551,894 | 96.83 | 4,375,480 | 3.17 | 137,927,374 | 69.64% | 0 |
* Includes those votes giving the Chairman discretion.
** These votes are not counted towards the votes cast at the AGM.
A copy of the resolutions passed at the AGM will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/nsm
Enquiries:
CLS Holdings plc +44 (0) 20 7582 7766
David Fuller
www.clsholdings.com