Last checked at 18 May 2016 16:00
Paddy Power Betfair plc (the "Company")
Results of Annual General Meeting 2016
The Company announces that the following resolutions were approved at its Annual General Meeting held on Wednesday 18 May 2016. All Board Directors were in attendance.
All resolutions as set out in the Notice of Meeting were duly passed on a poll. The number of votes for and against each of the resolutions put before the Meeting and the number of votes withheld were as follows:
Resolutions | Votes For1 | Votes Against | Total votes | Votes Withheld2 | ||
No. of shares | % | No. of shares | % | No. of shares | No. of shares | |
1. Receipt of the financial statements for the financial year ended 31 December 2015 and the reports of the Directors and the Auditors thereon and to review the Company's affairs | 65,101,133 | 99.51 | 318,994 | 0.49 | 65,420,127 | 6,105 |
2. Approval of the Directors' Remuneration Report | 39,082,152 | 68.22 | 18,205,170 | 31.78 | 57,287,322 | 8,138,910 |
3(a). Election of Zillah Byng-Thorne as a Director | 65,316,170 | 99.84 | 104,981 | 0.16 | 65,421,151 | 5,081 |
3(b). Election of Breon Corcoran as a Director | 65,240,771 | 99.72 | 180,650 | 0.28 | 65,421,421 | 4,811 |
3(c). Election of Ian Dyson as a Director | 63,169,959 | 98.91 | 696,469 | 1.09 | 63,866,428 | 1,559,804 |
3(d). Election of Alex Gersh as a Director | 65,235,179 | 99.72 | 185,972 | 0.28 | 65,421,151 | 5,081 |
3(e). Election of Peter Jackson as a Director | 65,356,701 | 99.90 | 64,450 | 0.10 | 65,421,151 | 5,081 |
3(f). Election of Peter Rigby as a Director | 65,333,114 | 99.87 | 86,687 | 0.13 | 65,419,801 | 6,431 |
4(a). Re-election of Gary McGann as a Director | 63,498,766 | 99.42 | 369,012 | 0.58 | 63,867,778 | 1,558,454 |
4(b). Re-election of Michael Cawley as a Director | 65,194,250 | 99.65 | 226,901 | 0.35 | 65,421,151 | 5,081 |
4(c). Re-election of Danuta Gray as a Director | 65,240,335 | 99.72 | 180,816 | 0.28 | 65,421,151 | 5,081 |
4(d). Re-election of Stewart Kenny as a Director | 62,769,624 | 95.95 | 2,651,527 | 4.05 | 65,421,151 | 5,081 |
4(e). Re-election of Pádraig Ó Ríordáin as a Director | 54,387,268 | 96.88 | 1,754,117 | 3.12 | 56,141,385 | 9,284,847 |
5. Authority to the Directors to set the Auditors' remuneration | 65,026,308 | 99.40 | 394,785 | 0.60 | 65,421,093 | 5,139 |
6. Authority to call extraordinary general meetings on fourteen clear days' notice * | 61,986,316 | 94.75 | 3,437,297 | 5.25 | 65,423,613 | 2,619 |
7.Authority to allot shares | 57,122,538 | 87.51 | 8,155,629 | 12.49 | 65,278,167 | 148,065 |
8. Dis-application of Pre-emption Rights* | 56,134,465 | 87.89 | 7,735,717 | 12.11 | 63,870,182 | 1,556,050 |
9. Authority to Purchase Own Shares* | 64,393,476 | 98.43 | 1,025,196 | 1.57 | 65,418,672 | 7,560 |
10. Authority to re-issue Treasury Shares* | 65,371,866 | 99.93 | 49,047 | 0.07 | 65,420,913 | 5,319 |
* Denotes Special Resolutions
NOTES:
1 Votes "For" and "Against" are expressed as a percentage of votes received. The "For" votes include those giving the Chairman discretion.
2 A vote "Withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" the resolution.
3 The total number of ordinary shares in issue, excluding Treasury Shares, on Monday 16 May was 83,763,336.
The full text of the resolutions can be found in the Notice of Annual General Meeting, which is available for inspection at the UK's National Storage Mechanism http://www.hemscott.com/nsm.do and also on the Company's website at www.paddypowerbetfair.com
A copy of the resolutions passed under special business (as defined by the listing rules of the UK Listing Authority) will shortly be submitted to the UK's National Storage Mechanism for inspection at http://www.hemscott.com/nsm.do and forwarded to the Irish Stock Exchange.
Edward Traynor
Company Secretary
Paddy Power Betfair plc
18 May 2016