Last checked at 2 Dec 2021 14:15
ANNUAL GENERAL MEETING: RESOLUTIONS
Ferguson plc (the "Company") is pleased to announce that, at its Annual General Meeting held earlier today, shareholders passed each of the ordinary and special resolutions by the requisite majorities on a poll. The full text of each resolution is contained in the Notice of Annual General Meeting, which is available on the Company's website, www.fergusonplc.com.
The total number of votes cast for each resolution is set out in the table below. Resolutions 1 to 19 (inclusive) are ordinary resolutions and resolutions 20, 21 and 22 are special resolutions.
Resolution | For | %* | Against | %* | Votes Total | % Shares Voted** | Votes Withheld*** |
1. To receive the Company's Annual Report and Accounts | 168,544,054 | 100.00% | 724 | 0.00% | 168,544,778 | 76.28% | 1,342,558 |
2. To approve the Directors' Remuneration Report | 159,248,312 | 94.04% | 10,087,005 | 5.96% | 169,335,317 | 76.64% | 551,739 |
3. To declare a final dividend | 169,272,959 | 99.64% | 612,711 | 0.36% | 169,885,670 | 76.89% | 1,666 |
4. To elect Kelly Baker | 169,654,491 | 99.87% | 226,192 | 0.13% | 169,880,683 | 76.89% | 6,653 |
5. To elect Brian May | 169,656,202 | 99.87% | 226,003 | 0.13% | 169,882,205 | 76.89% | 6,543 |
6. To elect Suzanne Wood | 126,814,219 | 84.17% | 23,851,154 | 15.83% | 150,665,373 | 68.19% | 19,223,375 |
7. To re-elect Bill Brundage | 169,766,642 | 99.93% | 116,838 | 0.07% | 169,883,480 | 76.89% | 5,268 |
8. To re-elect Geoff Drabble | 145,969,083 | 96.10% | 5,920,948 | 3.90% | 151,890,031 | 68.74% | 17,998,717 |
9. To re-elect Catherine Halligan | 169,452,290 | 99.75% | 429,780 | 0.25% | 169,882,070 | 76.89% | 6,678 |
10.To re-elect Kevin Murphy | 169,852,433 | 99.98% | 31,509 | 0.02% | 169,883,942 | 76.89% | 4,806 |
11. To re-elect Alan Murray | 169,554,485 | 99.81% | 329,273 | 0.19% | 169,883,758 | 76.89% | 4,990 |
12. To re-elect Tom Schmitt | 169,478,715 | 99.76% | 403,207 | 0.24% | 169,881,922 | 76.89% | 6,826 |
13. To re-elect Nadia Shouraboura | 168,657,565 | 99.28% | 1,224,029 | 0.72% | 169,881,594 | 76.89% | 7,154 |
14. To re-elect Jacqueline Simmonds | 166,016,902 | 97.74% | 3,834,868 | 2.26% | 169,851,770 | 76.87% | 36,978 |
15. To re-appoint Deloitte LLP as auditors | 168,669,031 | 99.99% | 11,735 | 0.01% | 168,680,766 | 76.34% | 1,207,982 |
16. To authorize the Audit Committee to agree the auditor's remuneration | 169,801,120 | 99.95% | 83,487 | 0.05% | 169,884,607 | 76.89% | 4,141 |
17. Authority of limited political expenditure and political donations | 168,270,917 | 99.18% | 1,397,124 | 0.82% | 169,668,041 | 76.79% | 220,427 |
18. Authority to allot securities | 154,545,138 | 90.97% | 15,336,923 | 9.03% | 169,882,061 | 76.89% | 6,407 |
19. To approve the Ferguson Group Employee Share Purchase Plan 2021 | 169,859,243 | 99.99% | 10,481 | 0.01% | 169,869,724 | 76.88% | 19,024 |
20. Authority to disapply pre-emption rights | 168,630,232 | 99.27% | 1,239,103 | 0.73% | 169,869,335 | 76.88% | 19,413 |
21. Additional authority to disapply pre-emption rights for specified capital investment | 166,020,086 | 97.73% | 3,847,535 | 2.27% | 169,867,621 | 76.88% | 21,127 |
22. Authority to purchase own shares | 168,380,536 | 99.16% | 1,433,247 | 0.84% | 169,813,783 | 76.86% | 74,965 |
* percentage of votes cast excludes withheld votes
** percentage of issued share capital (excluding 11,218,323 treasury shares)
*** For Jersey Law purposes, a vote withheld is not a vote in law and is not counted in the calculation of the proportion of the votes "For" or "Against" a resolution
As at November 30, 2021, the Company:
(i) had 232,171,182 issued ordinary shares of 10 pence, each ordinary share having one vote;
(ii) held 11,218,323 ordinary shares in treasury. The voting rights of treasury shares are automatically suspended; and
(iii) accordingly, had total voting rights of 220,952,859.
For further information please contact:
Graham Middlemiss, Group Company Secretary
+44 (0) 118 927 3800