Last checked at 28 Jul 2022 13:17
CMC MARKETS PLC
RESULTS OF 2022 ANNUAL GENERAL MEETING
CMC Markets plc ("the Company"), announces that at the Company's 2022 Annual General Meeting ("AGM") held earlier today at the Company's offices at 133 Houndsditch, London, EC3A 7BX, all the resolutions set out in the Notice of Annual General Meeting 2022 were passed by way of a poll.
In accordance with Listing Rule 9.6.2R, copies of all the resolutions passed other than resolutions concerning ordinary business will shortly be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
A summary of the poll results in respect of each resolution is set out below.
Resolution | NUMBER OF VOTESFOR | % FOR | NUMBER OF VOTESAGAINST | % AGAINST | TOTAL SHARES VOTED | % OF ISC VOTED | NUMBER OF VOTESWITHHELD | |
1 | To receive accounts for the year ended 31 March 2022 | 256,341,770 | 100.00 | 6,840 | 0.00 | 256,348,610 | 90.12% | 130,800 |
2 | To declare a final dividend of 8.88 pence per ordinary share | 256,464,653 | 100.00 | 5,285 | 0.00 | 256,469,938 | 90.16% | 9,472 |
3 | To elect Susanne Chishti as a Director | 256,402,254 | 99.97 | 70,100 | 0.03 | 256,472,354 | 90.16% | 7,056 |
4 | To re-elect James Richards as a Director | 240,230,162 | 93.67 | 16,241,652 | 6.33 | 256,471,814 | 90.16% | 7,596 |
5 | To re-elect Peter Cruddas as a Director | 256,349,924 | 99.96 | 109,281 | 0.04 | 256,459,205 | 90.16% | 20,205 |
6 | To re-elect David Fineberg as a Director | 256,265,813 | 99.92 | 192,591 | 0.08 | 256,458,404 | 90.16% | 21,006 |
7 | To re-elect Sarah Ing as a Director | 249,328,498 | 97.22 | 7,129,905 | 2.78 | 256,458,403 | 90.16% | 21,007 |
8 | To re-elect Paul Wainscott as a Director | 249,825,092 | 97.41 | 6,632,173 | 2.59 | 256,457,265 | 90.16% | 22,145 |
9 | To re-elect Euan Marshall as a Director | 256,226,031 | 99.91 | 232,373 | 0.09 | 256,458,404 | 90.16% | 21,006 |
10 | To re-elect Matthew Lewis as a Director | 256,236,092 | 99.91 | 221,174 | 0.09 | 256,457,266 | 90.16% | 22,144 |
11 | To appoint Deloitte LLP as auditor | 256,443,636 | 99.99 | 17,532 | 0.01 | 256,461,168 | 90.16% | 18,242 |
12 | Authority to determine the remuneration of the auditor | 256,449,861 | 99.99 | 13,245 | 0.01 | 256,463,106 | 90.16% | 16,304 |
13 | To approve the Director's Remuneration Report | 249,427,646 | 97.25 | 7,043,454 | 2.75 | 256,471,100 | 90.16% | 8,310 |
14 | Authority for Directors to allot shares | 256,088,858 | 99.85 | 388,344 | 0.15 | 256,477,202 | 90.16% | 2,208 |
15 | General disapplication of pre-emption rights | 256,416,119 | 99.98 | 61,083 | 0.02 | 256,477,202 | 90.16% | 2,208 |
16 | Additional disapplication of pre-emption rights | 256,248,220 | 99.91 | 228,982 | 0.09 | 256,477,202 | 90.16% | 2,208 |
17 | Authority of Company to make market purchases of ordinary shares | 250,299,672 | 97.60 | 6,163,259 | 2.40 | 256,462,931 | 90.16% | 16,479 |
18 | General Meetings other than the Annual General Meeting to be called on not less than 14 days clear notice. | 255,812,578 | 99.74 | 665,077 | 0.26 | 256,477,655 | 90.16% | 1,755 |
The Company also announces, in respect of resolutions 3, 7 and 8, the result of the 'independent shareholders' vote on the election of independent Non-Executive Directors as follows:
Resolution | NUMBER OF VOTESFOR | % FOR | NUMBER OF VOTESAGAINST | % AGAINST | TOTAL SHARES VOTED | % OF ISC VOTED | NUMBER OF VOTESWITHHELD | |
3 | To elect Susanne Chishti as a Director | 82,252,516 | 99.91 | 70,100 | 0.09 | 82,322,616 | 28.94% | 7,056 |
7 | To re-elect Sarah Ing as a Director | 75,178,760 | 91.34 | 7,129,905 | 8.66 | 82,308,665 | 28.94% | 21,007 |
8 | To re-elect Paul Wainscott as a Director | 75,675,354 | 91.94 | 6,632,173 | 8.06 | 82,307,527 | 28.93% | 22,145 |
Notes:
1. Percentage of voting shares is the percentage of shares voted and excludes shares on which votes were withheld.
2. The total number of ordinary shares in issue as at the close of business on 26 July 2022 was 284,459,590.
3. Following the declaration of the final dividend by shareholders at today's AGM, a dividend of 8.88 pence per Ordinary Share of 25 pence in the Company for the financial year ended 31 March 2022 shall be paid on 11 August 2022 to those shareholders registered at the close of business on 15 July 2022 (the record date).
Board Committee Changes
Further to the announcement on 28 April 2022 regarding the retirement of Clare Salmon, Chair of the Group Risk Committee, at the conclusion of the Annual General Meeting, the Company announces that James Richards will act as interim Chair of the Group Risk Committee until a successor is found. The process to appoint a successor to Clare Salmon is underway and a further announcement will be made in due course. This notification is made in accordance with Listing Rule 9.6.11R.
Enquiries
CMC Markets plc +44 (0) 20 7170 8200
Patrick Davis, Company Secretary
LEI: 213800VB75KAZBFH5U07