Last checked at 18 May 2018 15:18
18 May 2018
Paddy Power Betfair plc (the "Company")
Results of Annual General Meeting 2018
The Company announces that the following resolutions were approved at its Annual General Meeting held on Friday, 18 May 2018. 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. Following a review of the Company's affairs, to receive and consider the Company's Financial Statements for the year ended 31 December 2017 and the reports of the Directors and External Auditor thereon | 62,377,765 | 99.89% | 68,132 | 0.11% | 62,885,233 | 439,336 |
2. To declare a final dividend for the year ended 31 December 2017 of 135 pence per ordinary share | 62,881,030 | 100.00% | 832 | 0.00% | 62,885,233 | 3,371 |
3. To receive and consider the Directors' Remuneration Report for the year ended 31 December 2017 | 50,553,199 | 80.40% | 12,320,982 | 19.60% | 62,885,232 | 11,051 |
4. To receive and consider the Directors' Remuneration Policy | 62,482,515 | 99.38% | 390,412 | 0.62% | 62,885,232 | 12,305 |
5(a). Election of Jan Bolz as a Director | 62,861,711 | 99.99% | 7,338 | 0.01% | 62,885,233 | 16,184 |
5(b). Election of Emer Timmons as a Director | 62,784,392 | 99.85% | 95,811 | 0.15% | 62,885,233 | 5,030 |
6(a). Re-election of Zillah Byng-Thorne as a Director | 61,468,256 | 98.45% | 970,767 | 1.55% | 62,885,233 | 446,210 |
6(b). Re-election of Michael Cawley as a Director | 62,592,698 | 99.57% | 271,674 | 0.43% | 62,885,233 | 20,861 |
6(c). Re-election of Ian Dyson as a Director | 61,500,013 | 98.48% | 948,379 | 1.52% | 62,885,232 | 436,840 |
6(d). Re-election of Alex Gersh as a Director | 62,740,020 | 99.78% | 138,915 | 0.22% | 62,885,233 | 6,298 |
6(e). Re-election of Peter Jackson as a Director | 62,506,753 | 99.42% | 364,214 | 0.58% | 62,885,233 | 14,266 |
6(f). Re-election of Gary McGann as a Director | 60,829,015 | 96.75% | 2,042,085 | 3.25% | 62,885,231 | 14,131 |
6(g). Re-election of Peter Rigby as a Director | 62,791,616 | 99.89% | 71,107 | 0.11% | 62,885,233 | 22,510 |
7. Authority to the Directors to set the remuneration of the External Auditor | 61,909,223 | 98.46% | 969,610 | 1.54% | 62,885,233 | 6,400 |
8. Authority to call extraordinary general meetings on 14 clear days' notice* | 60,314,277 | 96.47% | 2,208,761 | 3.53% | 62,885,233 | 362,195 |
9.Authority to allot shares | 62,661,819 | 99.65% | 219,532 | 0.35% | 62,885,233 | 3,882 |
10. Dis-application of pre-emption rights* | 62,628,702 | 99.60% | 248,552 | 0.40% | 62,885,233 | 7,979 |
11. Authority to purchase own shares* | 62,044,255 | 98.68% | 831,517 | 1.32% | 62,885,232 | 9,460 |
12. Authority to reissue Treasury Shares* | 62,872,390 | 99.99% | 7,571 | 0.01% | 62,885,233 | 5,272 |
* 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 Friday, 18 May 2018 was 84,659,946.
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 www.morningstar.co.uk/uk/NSM, and at the Irish Stock Exchange (see below) and on the Company's website at www.paddypowerbetfair.com/investor-relations.
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 www.morningstar.co.uk/uk/NSM and forwarded to the Irish Stock Exchange and available for inspection at:
Company Announcements Office
Irish Stock Exchange
28 Anglesea Street
Dublin 2
Ireland
Edward Traynor
Company Secretary
Paddy Power Betfair plc