Last checked at 6 Feb 2020 14:00
6 February 2020
easyJet plc
(the "Company")
Results of 2020 Annual General Meeting
The Company is pleased to announce the voting results of its Annual General Meeting ('AGM') held earlier today at Hangar 89, London Luton Airport, Luton, LU2 9PF.
All resolutions, as set out in the Notice of Meeting, were passed with the requisite majority by means of a poll. Resolutions 1 to 18 were each passed as an Ordinary Resolution (requiring a simple majority for them to be passed) and resolutions 19 to 21 were each passed as a Special Resolution (requiring at least a 75% majority for them to be passed). The polling results for each resolution are set out below:
Resolution | Votes For | % | Votes Against | % | Total Votes | % of ISC Voted* | Votes Withheld** | |
1. | To receive the Annual Report and Accounts for the year ended 30 September 2019 | 191,880,980 | 99.60 | 772,833 | 0.40 | 192,653,813 | 48.50% | 134,312,563 |
2. | To approve the Annual Statement by the Chairman of the Remuneration Committee and the Annual Report on Remuneration | 183,893,438 | 94.54 | 10,626,149 | 5.46 | 194,519,587 | 48.97% | 132,447,695 |
3. | To declare a final dividend
| 194,516,498 | 99.99 | 27,604 | 0.01 | 194,544,102 | 48.98% | 132,423,981 |
4. | To re-appoint John Barton as a Director | 191,636,070 | 98.98 | 1,976,108 | 1.02 | 193,612,178 | 48.74% | 133,343,299 |
5. | To re-appoint Johan Lundgren as a Director | 194,288,833 | 99.93 | 138,698 | 0.07 | 194,427,531 | 48.95% | 132,528,308 |
6. | To re-appoint Andrew Findlay as a Director | 194,243,865 | 99.90 | 185,732 | 0.10 | 194,429,597 | 48.95% | 132,524,580 |
7. | To re-appoint Charles Gurassa as a Director | 193,935,057 | 99.75 | 491,008 | 0.25 | 194,426,065 | 48.95% | 132,527,956 |
8. | To re-appoint Dr Andreas Bierwirth as a Director | 179,008,736 | 94.87 | 9,681,849 | 5.13 | 188,690,585 | 47.50% | 138,263,436 |
9. | To re-appoint Moya Greene DBE as a Director | 193,942,562 | 99.75 | 486,548 | 0.25 | 194,429,110 | 48.95% | 132,525,553 |
10. | To re-appoint Dr Anastassia Lauterbach as a Director | 194,335,633 | 99.95 | 91,208 | 0.05 | 194,426,841 | 48.95% | 132,527,180 |
11. | To re-appoint Nick Leeder as a Director | 194,329,517 | 99.95 | 89,726 | 0.05 | 194,419,243 | 48.95% | 132,534,778 |
12. | To re-appoint Andy Martin as a Director | 193,851,049 | 99.71 | 568,934 | 0.29 | 194,419,983 | 48.95% | 132,534,680 |
13. | To re-appoint Julie Southern as a Director | 192,125,105 | 99.66 | 653,419 | 0.34 | 192,778,524 | 48.53% | 134,176,139 |
14. | To appoint Catherine Bradley CBE as a Director | 194,334,572 | 99.95 | 87,532 | 0.05 | 194,422,104 | 48.95% | 132,529,800 |
15. | To re-appoint PricewaterhouseCoopers LLP as auditors of the Company | 188,767,674 | 97.08 | 5,677,326 | 2.92 | 194,445,000 | 48.95% | 132,506,133 |
16. | To authorise the Audit Committee to determine the auditors' remuneration | 191,112,950 | 98.25 | 3,399,132 | 1.75 | 194,512,082 | 48.97% | 132,440,199 |
17. | To authorise the Company and its subsidiaries to make political donations and incur political expenditure | 178,833,394 | 92.17 | 15,200,010 | 7.83 | 194,033,404 | 48.85% | 132,924,142 |
18. | To authorise the Directors to allot shares | 194,140,734 | 99.84 | 308,500 | 0.16 | 194,449,234 | 48.95% | 132,501,914 |
19. | To disapply statutory pre-emption rights (Special Resolution) | 194,088,872 | 99.82 | 355,441 | 0.18 | 194,444,313 | 48.95% | 132,503,735 |
20. | To authorise the Company to purchase its own shares (Special Resolution) | 191,524,472 | 98.56 | 2,804,492 | 1.44 | 194,328,964 | 48.92% | 132,629,175 |
21. | To authorise the Company to call general meetings on not less than 14 clear days' notice (Special Resolution) | 185,033,407 | 95.37 | 8,981,578 | 4.63 | 194,014,985 | 48.84% | 132,936,211 |
* Based on total issued share capital of 397,208,133 Ordinary shares
** A vote withheld is not a vote in law and is not counted towards votes cast "For" or "Against" a resolution
Votes of Independent Shareholders on the resolutions concerning the election or re-election of the independent Non-Executive Directors | ||||||||
Resolution | Votes For | % | Votes Against | % | Total Votes | % of ISC voted*** | Votes Withheld** | |
7. | To re-appoint Charles Gurassa as a Director | 193,935,057 | 99.75 | 491,008 | 0.25 | 194,426,065 | 73.42% | 126,529 |
8. | To re-appoint Dr Andreas Bierwirth as a Director | 179,008,736 | 94.87 | 9,681,849 | 5.13 | 188,690,585 | 71.26% | 5,862,009 |
9. | To re-appoint Moya Greene DBE as a Director | 193,942,562 | 99.75 | 486,548 | 0.25 | 194,429,110 | 73.42% | 124,126 |
10. | To re-appoint Dr Anastassia Lauterbach as a Director | 194,335,633 | 99.95 | 91,208 | 0.05 | 194,426,841 | 73.42% | 125,753 |
11. | To re-appoint Nick Leeder as a Director | 194,329,517 | 99.95 | 89,726 | 0.05 | 194,419,243 | 73.42% | 133,351 |
12. | To re-appoint Andy Martin as a Director | 193,851,049 | 99.71 | 568,934 | 0.29 | 194,419,983 | 73.42% | 133,253 |
13. | To re-appoint Julie Southern as a Director | 192,125,105 | 99.66 | 653,419 | 0.34 | 192,778,524 | 72.80% | 1,774,712 |
14. | To appoint Catherine Bradley CBE as a Director | 194,334,572 | 99.95 | 87,532 | 0.05 | 194,422,104 | 73.42% | 128,373 |
** A vote withheld is not a vote in law and is not counted towards votes cast "For" or "Against" a resolution
*** Based on total issued share capital of 397,208,133 Ordinary shares but excluding (for these purposes) shares held by the controlling shareholders
1. Notes
In accordance with Listing Rule 9.2.2E, Resolutions 7-14 inclusive were approved by: (a) the shareholders of the Company; and (b) the independent shareholders of the Company.
The total voting rights of the Company on the day on which shareholders had to be on the register in order to be eligible to vote was 397,208,133.
In accordance with LR 9.6.2, copies of the resolutions passed as special business have been submitted to the FCA's National Storage Mechanism and will shortly be available to view at http://www.morningstar.co.uk/uk/NSM.
2. Dividend
The timetable in relation to the dividend is as follows:
Ex-dividend date | Thursday, 27 February 2020 |
Record date for entitlement to the dividend | 5.00 p.m. on Friday, 28 February 2020 |
Payment of dividend | Friday, 20 March 2020 |
In case of queries please contact:
Michael Barker, Investor Relations | 07985 890939 |
Anna Knowles, Corporate Communications | 07985 873313 |
Dorothy Burwell/Ed Simpkins, Finsbury | 020 7251 3801 |
LEI: 2138001S47XKWIB7TH90