Last checked at 18 Jun 2015 14:12
EVRAZ plc (the "Company")
Results of the Annual General Meeting
The Annual General Meeting (the "Meeting") of the Company was held on Thursday 18 June 2015 at 11.00 a.m. (London time). At the Meeting, the ordinary and special resolutions set out in the Notice of the Annual General Meeting dated 18 May 2015 (the "Notice of AGM"), were proposed and passed by way of a poll. Resolutions 1 to 15 were passed as ordinary resolutions. Resolutions 16 to 18 were passed as special resolutions.
The poll voting figures are shown below.
No | RESOLUTION | VOTESFOR | % | VOTESAGAINST | % | VOTESTOTAL | % of ISC VOTED | VOTESWITHHELD |
01 | To receive the report of the Directors and the Accounts for the year ended 31 December 2014 | 1,014,431,945 | 99.80 | 2,075,743 | 0.20 | 1,016,507,688 | 67.47% | 1,103,615 |
02 | To approve the Annual Remuneration Report section of the Directors' Remuneration Report for the year ended 31 December 2014 | 997,715,786 | 98.14 | 18,920,641 | 1.86 | 1,016,636,427 | 67.48% | 974,876 |
03* | To elect Deborah Gudgeon as a Director | 125,979,109 | 99.82 | 222,084 | 0.18 | 126,201,193 | 14.17% | 785,980 |
03 | To elect Deborah Gudgeon as a Director | 1,016,603,239 | 99.98 | 222,084 | 0.02 | 1,016,825,323 | 67.49% | 785,980 |
04 | To re-elect Alexander Abramov as a Director | 1,012,044,658 | 99.53 | 4,780,415 | 0.47 | 1,016,825,073 | 67.49% | 786,230 |
05* | To re-elect Duncan Antony Hilder Baxter as a Director | 125,050,552 | 99.24 | 961,443 | 0.76 | 126,011,995 | 14.15% | 975,178 |
05 | To re-elect Duncan Antony Hilder Baxter as a Director | 1,015,674,682 | 99.91 | 961,443 | 0.09 | 1,016,636,125 | 67.48% | 975,178 |
06 | To re-elect Alexander Frolov as a Director | 1,016,327,506 | 99.95 | 497,567 | 0.05 | 1,016,825,073 | 67.49% | 786,230 |
07* | To re-elect Karl Gruber as a Director | 125,799,756 | 99.68 | 401,187 | 0.32 | 126,200,943 | 14.17% | 786,230 |
07 | To re-elect Karl Gruber as a Director | 1,016,423,886 | 99.96 | 401,187 | 0.04 | 1,016,825,073 | 67.49% | 786,230 |
08* | To re-elect Alexander Izosimov as a Director | 124,994,165 | 99.04 | 1,206,778 | 0.96 | 126,200,943 | 14.17% | 786,230 |
08 | To re-elect Alexander Izosimov as a Director | 1,015,618,295 | 99.88 | 1,206,778 | 0.12 | 1,016,825,073 | 67.49% | 786,230 |
09* | To re-elect Sir Michael Peat as a Director | 125,615,580 | 99.69 | 396,770 | 0.31 | 126,012,350 | 14.15% | 974,823 |
09 | To re-elect Sir Michael Peat as a Director | 1,016,239,710 | 99.96 | 396,770 | 0.04 | 1,016,636,480 | 67.48% | 974,823 |
10 | To re-elect Olga Pokrovskaya as a Director | 944,138,579 | 93.20 | 68,875,224 | 6.80 | 1,013,013,803 | 67.24% | 4,597,500 |
11 | To re-elect Eugene Shvidler as a Director | 1,012,395,528 | 99.69 | 3,156,288 | 0.31 | 1,015,551,816 | 67.41% | 2,059,487 |
12 | To re-elect Eugene Tenenbaum as a Director | 1,014,843,516 | 99.93 | 708,300 | 0.07 | 1,015,551,816 | 67.41% | 2,059,487 |
13 | To re-appoint Ernst & Young LLP as auditors of the Company | 1,014,707,152 | 99.81 | 1,926,953 | 0.19 | 1,016,634,105 | 67.48% | 977,198 |
14 | To authorise the Directors to fix the remuneration of the auditors | 1,016,705,922 | 99.99 | 119,203 | 0.01 | 1,016,825,125 | 67.49% | 786,178 |
15 | To authorise the Directors to allot shares | 1,013,347,179 | 99.65 | 3,534,002 | 0.35 | 1,016,881,181 | 67.50% | 730,122 |
16 | To authorise the Directors to allot shares wholly for cash | 1,014,142,372 | 99.73 | 2,738,809 | 0.27 | 1,016,881,181 | 67.50% | 730,122 |
17 | To authorise the Directors to buy back shares | 1,016,818,375 | 99.99 | 63,056 | 0.01 | 1,016,881,431 | 67.50% | 729,872 |
18 | To authorise the Company to hold general meetings on not less than 14 clear days' notice | 996,544,603 | 98.00 | 20,336,828 | 2.00 | 1,016,881,431 | 67.50% | 729,872 |
* Result of the votes cast by the Independent Shareholders.
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 2015 is 1,506,527,294 ordinary shares.
4. The scrutineer of the polls was Computershare Investor Services PLC.
5. 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 http://www.evraz.com/
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For further information:
Investor Relations: | |
Irina Bakhturina | |
Director, Investor Relations | |
London | +44 207 832 8990 |
Moscow | +7 495 232 1370 |
ir@evraz.com | |
Company Secretary: | |
TMF Corporate Administration Services Limited | |
London | +44 207 832 8920 |
evrazcosec@tmf-group.com |
EVRAZ is a vertically integrated steel, mining and vanadium business with operations in the Russian Federation, Ukraine, Kazakhstan, USA, Canada, Czech Republic, Italy and South Africa. EVRAZ is among the top steel producers in the world based on crude steel production of 15.5 million tonnes in 2014. A significant portion of the company's internal consumption of iron ore and coking coal is covered by its mining operations. The company's consolidated revenues for the year ended 31 December 2014 were US$13,061 million, and consolidated EBITDA amounted to US$2,325 million.