Last checked at 7 Sep 2016 15:02
CMC Markets plc
7 SEPTEMBER 2016
RESULTS OF 2016 ANNUAL GENERAL MEETING
CMC Markets plc (LSE: CMCX, "the Company"), a leading global provider of online retail trading, announces that at the Company's 2016 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 2016 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 www.hemscott.com/nsm.do.
A summary of the poll results in respect of each resolution is set out below.
On behalf of the Board:
Jonathan BradshawCompany Secretary07 September 2016
Enquiries
CMC Markets plc +44 (0) 20 7170 8200
Jonathan Bradshaw, Company Secretary
Grant Foley, Chief Financial Officer
Charlie Steel, Global Head of Corporate Development
ANNUAL GENERAL MEETING - 07 SEPTEMBER 2016
VOTING RESULTS
Number of votes in favour | % in favour | Number of votes against | % against | Number of votes withheld |
Total Shares Voted |
% of Issued Share Capital Voted | ||
RESOLUTION | ||||||||
1 | Annual report and financial statements | 250,358,531 | 99.99% | 12,835 | 0.01% | 3,834 | 250,375,200 | 86.96% |
2 | Final dividend of 5.36p per ordinary share | 250,375,560 | 100.00% | 0 | 0.00% | 0 | 250,375,560 | 86.96% |
3 | Election of Simon Waugh | 250,115,375 | 99.90% | 252,326 | 0.10% | 7,499 | 250,375,200 | 86.96% |
4 | Election of Peter Cruddas | 250,125,668 | 99.90% | 248,908 | 0.10% | 624 | 250,375,200 | 86.96% |
5 | Election of Grant Foley | 250,120,042 | 99.90% | 248,700 | 0.10% | 6,458 | 250,375,200 | 86.96% |
6 | Election of David Fineberg | 250,122,580 | 99.90% | 248,700 | 0.10% | 3,920 | 250,375,200 | 86.96% |
7 | Election of Manjit Wolstenholme* | 250,253,320 | 99.95% | 115,006 | 0.05% | 6,874 | 250,375,200 | 86.96% |
8 | Election of James Richards* | 250,256,159 | 99.96% | 112,583 | 0.04% | 6,458 | 250,375,200 | 86.96% |
9 | Election of Malcolm McCaig* | 250,252,239 | 99.95% | 112,791 | 0.05% | 10,170 | 250,375,200 | 86.96% |
10 | Re-appointment of Auditor | 249,574,976 | 99.68% | 796,096 | 0.32% | 3,920 | 250,374,992 | 86.96% |
11 | Authority to set remuneration of Auditor | 249,578,494 | 99.68% | 792,920 | 0.32% | 3,578 | 250,374,992 | 86.96% |
12 | Directors' Remuneration Policy | 231,912,237 | 92.78% | 18,038,191 | 7.22% | 424,564 | 250,374,992 | 86.96% |
13 | Directors' Remuneration Report | 249,500,137 | 99.99% | 36,526 | 0.01% | 838,329 | 250,374,992 | 86.96% |
14 | Authority for Directors to allot shares | 250,270,399 | 99.96% | 93,776 | 0.04% | 10,817 | 250,374,992 | 86.96% |
15 | Dis-application of pre-emption rights | 250,358,268 | 100.00% | 2,329 | 0.00% | 14,395 | 250,374,992 | 86.96% |
16 | Authority to allot equity securities in certain circumstances for specific transactions | 250,359,093 | 100.00% | 5,082 | 0.00% | 10,817 | 250,374,992 | 86.96% |
17 | Authority for the Company to purchase own shares | 250,373,328 | 100.00% | 1,456 | 0.00% | 208 | 250,374,992 | 86.96% |
18 | Authority to call a general meeting other than an AGM on not less than 14 days notice | 248,940,851 | 99.43% | 1,433,725 | 0.57% | 416 | 250,374,992 | 86.96% |
The Company also announces, in respect of resolutions 7 to 9, the result of the 'independent shareholders' vote on the election of independent Non-Executive Directors as follows:
Number of votes in favour | % in favour | Number of votes against | % against | Number of votes witheld | Total Shares Voted | % of Issued Share Capital Voted | ||
7 | Election of Manjit Wolstenholme* | 70,323,414 | 99.84% | 115,006 | 0.16% | 6,874 | 70,445,294 | 24.47% |
8 | Election of James Richards* | 70,326,253 | 99.84% | 112,583 | 0.16% | 6,458 | 70,445,294 | 24.47% |
9 | Election of Malcolm McCaig* | 70,322,333 | 99.84% | 112,791 | 0.16% | 10,170 | 70,445,294 | 24.47% |
Notes:
1. Percentage of voting shares is the percentage of shares voted and excludes shares on which votes were withheld
2. Total number of ordinary shares in issue as at the date of the AGM = 287,923,211
3. Following the declaration of the final dividend by shareholders at today's AGM, a dividend of 5.36 pence per Ordinary Share of 25 pence in the Company for the financial year ended 31 March 2016 shall be paid on 29 September 2016 to those shareholders registered at the close of business on 9 September 2016 (the record date).