Last checked at 28 May 2010 16:22
Fresnillo Plc
28 Grosvenor Street
London W1K 4QR
United Kingdom
www.fresnilloplc.com
28 May 2010
Fresnillo plc - Result of AGM
The Board is pleased to announce that all of the resolutions put to shareholders at today's Annual General Meeting were passed by means of a poll, including the ordinary resolutions (resolutions 1 to 6) and special resolutions (resolutions 7 and 10) set out in the Company's notice of AGM dated 29 April 2010.
The final voting figures are shown below.
| Resolution | Total Votes Cast | For (*) | Against (*) | Withheld | ||
| Number | % | Number | % | |||
| 1: Presentation of the accounts | 686,510,106 | 686,125,106 | 99.94 | 385,000 | 0.06 | 62,009 |
| 2: To approve the final dividend | 686,572,115 | 686,572,115 | 100.00 | 0 | 0.00 | Nil |
| 3: To approve the Remuneration Report | 686,537,485 | 686,501,458 | 99.99 | 36,027 | 0.01 | 34,630 |
| 4:To appoint the auditors | 686,542,168 | 686,128,822 | 99.94 | 413,346 | 0.06 | 29,947 |
| 5: To allow the board to determine the auditors remuneration | 686,529,985 | 686,444,835 | 99.99 | 85,150 | 0.01 | 42,130 |
| 6: To issue shares with pre-emption rights | 686,572,115 | 685,728,464 | 99.88 | 843,651 | 0.12 | Nil |
| 7: To disapply pre-emption rights | 686,569,615 | 686,562,865 | 100.00 | 6,750 | 0.00 | 2,500 |
| 8: To authorise Share Repurchase | 686,542,368 | 686,430,068 | 99.98 | 112,300 | 0.02 | 29,747 |
| 9: Notice of general meetings | 686,569,732 | 680,767,132 | 99.15 | 5,802,600 | 0.85 | 2,383 |
| 10: To approve amendments to the Articles of Association of the Company | 686,537,485 | 683,446,977 | 99.55 | 3,090,508 | 0.45 | 34,630 |
(*) = Includes discretionary votes
As at the date of the AGM, the number of issued shares and total voting rights of the Company was 717,160,159 shares in issue. The Company's Articles of Association set out that every member who is present in person or by proxy shall have one vote for every share of which he is the holder on a poll. The scrutineer of the poll was Computershare Investor Services PLC.
In accordance with Listing Rule 9.6.2, two copies of the resolutions dealing with the special business put to shareholders at the AGM today have been submitted to the UK Listing Authority and will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at:
The Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS
ENDS
For further information, please visit our website, www.fresnilloplc.com or contact:
Fresnillo plc
London Office, Tel: +44 (0)20 7399 2470
Octavio Alvidrez, Head of Investor Relations
Mexico City Office, Tel: +52 55 52 79 3203
Gabriela Mayor
JPMorgan Cazenove Tel: +44 (0)20 7588 2828
Ian Hannam
Andrew Wray
Brunswick Tel: +44 (0)20 7404 5959
Carole Cable
David Litterick
About Fresnillo plc
Fresnillo Plc is the world's largest primary silver producer and Mexico's second largest gold producer, listed on the London Stock Exchange under the symbol FRES.
Fresnillo has four producing mines, all of them in Mexico - Fresnillo, Ciénega, Herradura and Soledad-Dipolos; one development project - Saucito; and three exploration prospects - San Juan, San Julian, Orysivo, as well as a number of other long term exploration prospects and, in total, has mining concessions covering approximately 1.75 million hectares in Mexico.
Fresnillo has a strong and long tradition of mining, a proven track record of mining development and reserves replacement, and a low cost of production, being in the lowest quartile of the cost curve for both silver and gold.
Fresnillo's goal is to maintain the Group's position as the world's largest primary silver company, producing 65 million ounces of silver and over 400,000 ounces of gold by 2018.