Last checked at 30 Jul 2020 09:41
30 July 2020
James Cropper Plc
(the "Company")
Result of Annual General Meeting
Following the Annual general Meeting held on 29 July 2020, James Cropper plc announces that all resolutions as set out in the Company's notice of AGM, apart from the resolution withdrawn, were approved.
Prior to the start of the AGM and following the announcement made on 27 July 2020 that Karl David Watson announced his resignation as a Director with effect from 1 August 2020, the Board withdrew Resolution 5, being to re-elect him as a Director of the Company.
The withdrawal of Resolution 5 does not otherwise affect the validity of the Notice of meeting, the proxy form or any proxy votes submitted.
The proxy votes lodged in respect of the AGM resolutions were as follows:
Resolution | Result | Proxy votes for | Proxy votes against | Total Proxy votes cast (excluding withheld) | Proxy votes withheld * | ||
Number | % of proxy votes cast | Number | % of proxy votes cast |
Number |
Number | ||
Resolution 1 To receive the 2020 Report and Accounts | For | 3,693,244 | 99.89 | 4,000 | 0.11 | 3,697,244 | 5,347 |
Resolution 2 To Re-elect Mark A J Cropper as a Director of the Company | For | 2,618,378 | 99.73 | 7,016 | 0.27 | 2,625,394 | 1,077,197 |
Resolution 3 To re-elect Jim Sharp as a Director of the Company | For | 2,070,516 | 55.94 | 1,630,728 | 44.06 | 3,701,244 | 1,347 |
Resolution 4 To re-elect Lyndsey Scott as a Director of the Company | For | 3,684,826 | 99.56 | 16,418 | 0.44 | 3,701,244 | 1,347 |
Resolution 5 | Resolution withdrawn prior to commencement of AGM | ||||||
Resolution 6 To Re-elect Steve Adams as a Director of the Company
| For | 3,487,379 | 94.22 | 213,865 | 5.78 | 3,701,244 | 1,347 |
Resolution 7 To re-appoint BDO LLP as auditor
| For | 3,693,474 | 99.76 | 8,770 | 0.24 | 3,702,244 | 347 |
Resolution 8 To authorise the Directors to determine the auditor's remuneration
| For | 3,695,231 | 99.81 | 7,013 | 0.19 | 3,702,244 | 347 |
Resolution 9 To approve the Report of the Remuneration Committee | For | 2,272,878 | 61.48 | 1,423,853 | 38.52 | 3,696,731 |
5,860 |
Resolution 10 To renew the Directors' authority to issue shares | For | 3,682,093 | 99.58 | 15,651 | 0.42 | 3,697,744 | 4,847 |
Resolution 11 To authorise issue of shares without pre-emptive rights | For | 3,682,593 | 99.58 | 15,651 | 0.42 | 3,698,244 | 4,347 |
* A vote Withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" and "Against" a resolution.
The Company's issued share capital consists of 9,554,803 ordinary shares of 25p each, each of which carries the right to one vote.
Full details of the resolutions were set out in the Notice of Annual General meeting which is available on the Company's website at www.jamescropper.com.
Enquiries:
James Cropper PLC (AIM: CRPR) Isabelle Maddock, Chief Finance Officer Jim Aldridge, Company Secretary Tel: +44 (0) 1539 722002 www.jamescropper.com | Shore Capital Robert Finlay, Henry Willcocks, John More Tel: + 44 (0) 20 7601 6100
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