Last checked at 18 Jun 2012 12:28
EVRAZ plc (the 'Company')
Results of the Annual General Meeting
The Annual General Meeting (the 'Meeting') of the Company was held on Monday 18 June 2012 at 11.00am. At the Meeting, the ordinary and special resolutions set out in the notice of the Meeting were proposed and passed by way of a poll. Resolutions 18, 19, 20 and 21 were passed as special resolutions.
The poll voting figures are shown below.
No. | Resolution | |||||||||||||
1 | To receive the report of the Directors and the Accounts for the year ended 31 December 2011 | |||||||||||||
Votes for | 1,101,829,377 | 99.92% of votes cast | ||||||||||||
Votes against | 851,097 | 0.08% of votes cast | ||||||||||||
Votes withheld | 517,589 | |||||||||||||
Total votes as % of issued share capital ("ISC") | 82.29% | |||||||||||||
2 | To declare a final dividend of US$0.17 per ordinary share in respect of the year ended 31 December 2011 | |||||||||||||
Votes for | 1,102,680,474 | 100% of votes cast | ||||||||||||
Votes against | 0 | 0% of votes cast | ||||||||||||
Votes withheld | 517,589 | |||||||||||||
Total votes as % of ISC | 82.29% | |||||||||||||
3 | To approve the Directors' Remuneration Report for the year ended 31 December 2011 | |||||||||||||
Votes for | 1,071,353,172 | 98.69% of votes cast | ||||||||||||
Votes against | 14,166,679 | 1.31% of votes cast | ||||||||||||
Votes withheld | 17,678,212 | |||||||||||||
Total votes as % of ISC | 81.01% | |||||||||||||
4 | To elect Alexander Abramov as a Director of the Company | |||||||||||||
Votes for | 1,098,859,241 | 99.67% of votes cast | ||||||||||||
Votes against | 3,690,983 | 0.33% of votes cast | ||||||||||||
Votes withheld | 647,839 | |||||||||||||
Total votes as % of ISC | 82.28% | |||||||||||||
5 | To elect Duncan Antony Hilder Baxter as a Director of the Company | |||||||||||||
Votes for | 1,101,354,834 | 99.94% of votes cast | ||||||||||||
Votes against | 688,260 | 0.06% of votes cast | ||||||||||||
Votes withheld | 1,154,969 | |||||||||||||
Total votes as % of ISC | 82.25% | |||||||||||||
6 | To elect Alexander Frolov as a Director of the Company | |||||||||||||
Votes for | 1,102,450,219 | 99.98% of votes cast | ||||||||||||
Votes against | 230,255 | 0.02% of votes cast | ||||||||||||
Votes withheld | 517,589 | |||||||||||||
Total votes as % of ISC | 82.29% | |||||||||||||
7 | To elect Karl Gruber as a Director of the Company | |||||||||||||
Votes for | 1,102,506,746 | 99.98% of votes cast | ||||||||||||
Votes against | 173,478 | 0.02% of votes cast | ||||||||||||
Votes withheld | 517,839 | |||||||||||||
Total votes as % of ISC | 82.29% | |||||||||||||
8 | To elect Alexander Izosimov as a Director of the Company | |||||||||||||
Votes for | 1,102,506,746 | 99.98% of votes cast | ||||||||||||
Votes against | 173,728 | 0.02% of votes cast | ||||||||||||
Votes withheld | 517,589 | |||||||||||||
Total votes as % of ISC | 82.29% | |||||||||||||
9 | To elect Sir Michael Peat as a Director of the Company | |||||||||||||
Votes for | 1,102,272,001 | 99.96% of votes cast | ||||||||||||
Votes against | 408,473 | 0.04% of votes cast | ||||||||||||
Votes withheld | 517,589 | |||||||||||||
Total votes as % of ISC | 82.29% | |||||||||||||
10 | To elect Olga Pokrovskaya as a Director of the Company | |||||||||||||
Votes for | 1,057,318,565 | 95.93% of votes cast | ||||||||||||
Votes against | 44,854,529 | 4.07% of votes cast | ||||||||||||
Votes withheld | 1,024,969 | |||||||||||||
Total votes as % of ISC | 82.26% | |||||||||||||
11 | To elect Terry John Robinson as a Director of the Company | |||||||||||||
Votes for | 1,101,354,834 | 99.94% of votes cast | ||||||||||||
Votes against | 688,260 | 0.06% of votes cast | ||||||||||||
Votes withheld | 1,154,969 | |||||||||||||
Total votes as % of ISC | 82.25% | |||||||||||||
12 | To elect Eugene Shvidler as a Director of the Company | |||||||||||||
Votes for | 1,100,567,013 | 99.81% of votes cast | ||||||||||||
Votes against | 2,113,211 | 0.19% of votes cast | ||||||||||||
Votes withheld | 517,839 | |||||||||||||
Total votes as % of ISC | 82.29% | |||||||||||||
13 | To elect Eugene Tenenbaum as a Director of the Company | |||||||||||||
Votes for | 1,063,908,898 | 96.60% of votes cast | ||||||||||||
Votes against | 37,484,321 | 3.40% of votes cast | ||||||||||||
Votes withheld | 1,804,844 | |||||||||||||
Total votes as % of ISC | 82.20% | |||||||||||||
14 | To re-appoint Ernst & Young LLP as Auditors and to authorise the Directors to determine their remuneration | |||||||||||||
Votes for | 1,101,583,650 | 99.93% of votes cast | ||||||||||||
Votes against | 790,787 | 0.07% of votes cast | ||||||||||||
Votes withheld | 823,626 | |||||||||||||
Total votes as % of ISC | 82.27% | |||||||||||||
15 | To authorise the Directors to allot shares, as provided in resolution 15 set out in the AGM Notice | |||||||||||||
Votes for | 1,082,773,214 | 98.29% of votes cast | ||||||||||||
Votes against | 18,821,348 | 1.71% of votes cast | ||||||||||||
Votes withheld | 1,603,501 | |||||||||||||
Total votes as % of ISC | 82.21% | |||||||||||||
16 | To authorise the Company to make political donations | |||||||||||||
Votes for | 1,100,927,933 | 99.84% of votes cast | ||||||||||||
Votes against | 1,745,134 | 0.16% of votes cast | ||||||||||||
Votes withheld | 524,996 | |||||||||||||
Total votes as % of ISC | 82.29% | |||||||||||||
17 | To authorise the Company to communicate with shareholders by electronic means | |||||||||||||
Votes for | 1,102,680,224 | 100% of votes cast | ||||||||||||
Votes against | 250 | 0% of votes cast | ||||||||||||
Votes withheld | 517,589 | |||||||||||||
Total votes as % of ISC | 82.29% | |||||||||||||
18 | To disapply pre-emption rights | |||||||||||||
Votes for | 1,095,299,780 | 99.35% of votes cast | ||||||||||||
Votes against | 7,171,820 | 0.65% of votes cast | ||||||||||||
Votes withheld | 725,890 | |||||||||||||
Total votes as % of ISC | 82.28% | |||||||||||||
19 | To authorise the Directors to buy back shares | |||||||||||||
Votes for | 1,100,614,424 | 99.81% of votes cast | ||||||||||||
Votes against | 2,066,050 | 0.19% of votes cast | ||||||||||||
Votes withheld | 517,589 | |||||||||||||
Total votes as % of ISC | 82.29% | |||||||||||||
20 | To amend the articles of association of the Company | |||||||||||||
Votes for | 1,102,679,651 | 100% of votes cast | ||||||||||||
Votes against | 0 | 0% of votes cast | ||||||||||||
Votes withheld | 517,839 | |||||||||||||
Total votes as % of ISC | 82.29% | |||||||||||||
21 | To authorise the Company to hold general meetings on not less than 14 clear days' notice | |||||||||||||
Votes for | 1,090,198,314 | 98.87% of votes cast | ||||||||||||
Votes against | 12,481,910 | 1.13% of votes cast | ||||||||||||
Votes withheld | 517,839 | |||||||||||||
Total votes as % of ISC | 82.29% | |||||||||||||
Notes
1. Any proxy arrangement which gave discretion to the Chairman has been included in the "for" totals.
2. A "vote withheld" is not a vote under English law and is not counted in the calculation of the proportion of votes "for" or "against" a resolution.
3. The issued share capital of EVRAZ plc as at 18 June 2012 is 1,339,929,360 ordinary shares. The scrutineer of the polls was Computershare Investor Services PLC.
4. All percentages are rounded to two decimal points.
In accordance with Listing Rule 9.6.2, copies of resolutions passed at the Meeting concerning items other than ordinary business will shortly be available for inspection on the National Storage Mechanism which can be accessed at www.hemscott.com/nsm.do
Details of the poll votes received will shortly also be available for viewing on the Company's website www.evraz.com
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For further information:
Investor Relations:Alexander BoreykoDirector, Investor RelationsLondon: +44 207 832 8990
Moscow: +7 495 232 1370
ir@evraz.com
Company Secretary:TMF Corporate Administration Services LimitedLondon: +44 207 832 8922
evrazcosec@tmf-group.com
EVRAZ is a vertically integrated steel, mining and vanadium business with operations in the Russian Federation, Ukraine, USA, Canada, Czech Republic, Italy and South Africa. EVRAZ is among the top 20 largest steel producers in the world based on crude steel production of 16.8 million tonnes in 2011. In 2011 EVRAZ sold 15.5 million tonnes of steel products. A significant portion of the Group's internal consumption of iron ore and coking coal is covered by its mining operations. The Group's consolidated revenues for the year ended 31 December 2011 were US$16,400 million and consolidated adjusted EBITDA amounted to US$2,898 million.