23 Jan 2014 16:00
23 January 2014
Smiths News PLC
Result of 2014 Annual General Meeting
Smiths News PLC is pleased to announce that at its AGM held at 11.30am today, all resolutions put to the meeting were duly passed. All resolutions were voted on by way of a poll and the results of the poll for each resolution are shown below:
Resolution | For | Against | Withheld | |||
No. of votes | % | No. of votes | % | No. of votes | ||
1 | To receive the Annual Report and Accounts 2013 | 126,193,741 | 99.79 | 264,892 | 0.21 | 470,837 |
2 | To approve the directors' remuneration report | 107,538,074 | 92.90 | 8,220,966 | 7.10 | 11,170,429 |
3 | To declare a final dividend of 6.3p per share | 126,459,786 | 99.99 | 988 | 0.00 | 468,697 |
4 | To re-elect Dennis Millard | 124,434,866 | 98.41 | 2,014,792 | 1.59 | 479,813 |
5 | To re-elect Mark Cashmore | 125,777,964 | 99.47 | 672,937 | 0.53 | 478,570 |
6 | To re-elect Jonathan Bunting | 125,769,505 | 99.46 | 679,339 | 0.54 | 480,627 |
7 | To re-elect Nick Gresham | 125,762,175 | 99.46 | 680,990 | 0.54 | 486,306 |
8 | To re-elect Andrew Brent | 124,433,750 | 98.41 | 2,010,830 | 1.59 | 484,891 |
9 | To re-elect Anthony Cann | 124,351,154 | 98.37 | 2,062,354 | 1.63 | 515,963 |
10 | To re-elect John Worby | 123,536,104 | 97.70 | 2,905,582 | 2.30 | 487,785 |
11 | To re-appoint the auditor | 115,156,381 | 91.07 | 11,292,175 | 8.93 | 480,914 |
12 | To authorise the Audit Committee to determine the auditor's remuneration | 117,298,090 | 92.76 | 9,156,924 | 7.24 | 472,956 |
13 | Authority to make political donations | 124,279,877 | 99.09 | 1,147,498 | 0.91 | 1,502,095 |
14 | To approve the amended rules of the Smiths News LTIP | 122,740,536 | 97.77 | 2,802,774 | 2.23 | 1,386,160 |
15 | Authority to allot shares | 105,657,260 | 83.57 | 20,772,958 | 16.43 | 499,253 |
16 | Authority to disapply pre-emption rights* | 106,816,259 | 84.48 | 19,620,800 | 15.52 | 492,412 |
17 | Authority to make market purchases of ordinary shares* | 126,311,065 | 99.89 | 139,947 | 0.11 | 478,459 |
18 | Authority to call general meetings (other than the AGM) on 14 clear days' notice* | 119,258,088 | 94.34 | 7,161,089 | 5.66 | 510,294 |
* Special resolution
Notes:
1. Where shareholders appointed the Chairman as their proxy with discretion as to voting, their votes were cast in favour of the resolutions and have been included in the "For" total.
2. A "vote withheld" is not a vote in law and is not counted in the calculation of the percentages of the votes cast for and against a resolution.
3. The total number of shares in issue at 6pm on 21 January 2014 = 188,992,394. Votes were cast in respect of 67.16% of the issued share capital.
In accordance with the UK Listing Authority's Listing Rule 9.6.2, a copy of the resolutions passed as special business at the AGM, being resolutions 13, 14, 15, 16, 17 and 18, has been submitted to the National Storage Mechanism at www.morningstar.co.uk/uk/NSM.
Colin White
Deputy Company Secretary