Last checked at 18 May 2015 17:16
Fresnillo Plc
28 Grosvenor Street
London W1K 4QR
United Kingdom
www.fresnilloplc.com
18 May 2015
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 18) and special resolutions (resolutions 19 to 21) set out in the Company's notice of AGM dated 15 April 2015. The votes cast for resolutions 10 to 15 relating to the re-election of the independent Directors were duly passed by both a majority of the votes cast by the independent shareholders as well as by a majority of votes cast by all shareholders. These votes have been calculated separately and are shown below (independent shareholder votes cast being marked **)
The final voting figures are shown below.
Resolution | Total Votes Cast | For (*) | Against (*) | Withheld | ||
Number | % | Number | % | |||
1: Presentation of the accounts | 697,946,119 | 697,944,583 | 100.00 | 1,536 | 0.00 | 297,223 |
2: To approve the final dividend | 697,953,689 | 697,952,653 | 100.00 | 1,036 | 0.00 | 289,653 |
3: To approve the Annual Report on Remuneration | 697,428,353 | 696,779,846 | 99.91 | 648,507 | 0.09 | 814,989 |
4: To re-elect Mr Alberto Baillères | 672,090,885 | 656,059,942 | 97.61 | 16,030,943 | 2.39 | 26,152,457 |
5: To re-elect Mr Juan Bordes | 697,950,788 | 696,892,902 | 99.85 | 1,057,886 | 0.15 | 292,554 |
6: To re-elect Mr Arturo Fernández | 697,950,788 | 696,993,599 | 99.86 | 957,189 | 0.14 | 292,554 |
7: To re-elect Mr Rafael Mac Gregor | 697,952,415 | 696,811,274 | 99.84 | 1,141,141 | 0.16 | 290,927 |
8: To re-elect Mr Jaime Lomelín | 697,324,325 | 696,431,693 | 99.87 | 892,632 | 0.13 | 919,017 |
9: To re-elect Mr Alejandro Baillères | 697,321,478 | 696,156,230 | 99.83 | 1,165,248 | 0.17 | 921,594 |
10: To re-elect Mr Guy Wilson | 697,942,264 | 697,762,376 | 99.97 | 179,888 | 0.03 | 300,808 |
145,350,804** | 145,170,916 | 99.88 | 179,888 | 0.12 | 300,808 | |
11: To re-elect Mr Fernando Ruiz | 697,947,061 | 693,585,028 | 99.38 | 4,362,033 | 0.62 | 296,281 |
145,355,601** | 140,993,568 | 97.00 | 4,362,033 | 3.00 | 296,281 | |
12: To re-elect Ms María Asunción Aramburuzabala | 697,324,599 | 696,703,661 | 99.91 | 620,938 | 0.09 | 918,743 |
144,733,139** | 144,112,201 | 99.57 | 620,938 | 0.43 | 918,743 | |
13: To re-elect Ms Bárbara Garza Lagüera | 697,946,047 | 697,617,659 | 99.95 | 328,388 | 0.05 | 297,295 |
145,354,587** | 145,026,199 | 99.77 | 328,388 | 0.23 | 297,295 | |
14. To elect Mr Jaime Serra | 697,943,196 | 694,032,030 | 99.44 | 3,911,166 | 0.56 | 300,146 |
145,351,736** | 141,440,570 | 97.31 | 3,911,166 | 2.69 | 300,146 | |
15. To elect Mr Charles Jacobs | 697,940,196 | 697,652,659 | 99.96 | 287,537 | 0.04 | 303,146 |
145,348,736** | 145,061,199 | 99.80 | 287,537 | 0.20 | 303,146 | |
16:To appoint the auditors | 697,155,010 | 696,992,689 | 99.98 | 162,321 | 0.02 | 1,088,332 |
17: To allow the board to determine the auditors remuneration | 697,949,589 | 697,746,079 | 99.97 | 203,510 | 0.03 | 293,753 |
18: To allot shares | 693,400,151 | 693,109,906 | 99.96 | 290,245 | 0.04 | 4,843,191 |
19: To disapply pre-emption rights | 693,394,758 | 691,983,049 | 99.80 | 1,411,709 | 0.20 | 4,848,584 |
20: To authorise share Repurchase | 693,200,122 | 693,079,926 | 99.98 | 120,196 | 0.02 | 5,043,220 |
21: Notice of general meetings | 697,952,688 | 681,656,656 | 97.67 | 16,296,032 | 2.33 | 290,654 |
(*) = Includes discretionary votes
(**) =Votes cast by the independent shareholders
As at the date of the AGM, the number of issued shares and total voting rights of the Company was 736,893,589 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 Equiniti Limited.
In accordance with Listing Rule 9.6.2, Fresnillo plc has submitted a copy of the resolutions dealing with the special business put to shareholders at the AGM today
to the National Storage Mechanism, which will shortly be available for inspection at www.Hemscott.com/nsm.do
ENDS
For further information, please visit our website: www.fresnilloplc.com or contact:
Fresnillo plc | |
London Gabriela Mayor, Head of Investor Relations Floriana Michalowska |
Tel: +44(0)20 7339 2470 |
Mexico Ana Belém Zárate | Tel: +52 55 52 79 3206
|
Bell Pottinger Gavin Davis Daniel Thole Marianna Bowes | Tel: +44(0)20 3772 2500 |
About Fresnillo plc
Fresnillo plc is the world's largest primary silver producer and Mexico's second largest gold producer, listed on the London and Mexican Stock Exchanges under the symbol FRES.
Fresnillo plc has six operating mines, all of them in Mexico - Fresnillo, Saucito, Ciénega (including the San Ramón satellite mine), Herradura, Soledad-Dipolos1 and Noche Buena, two development projects - San Julián and the Pyrites plant, and four advanced exploration prospects - Orisyvo, Juanicipio, Las Casas Rosario & Cluster Cebollitas and Centauro Deep, as well as a number of other long term exploration prospects. In total, Fresnillo plc has mining concessions covering approximately 2 million hectares in Mexico.
Fresnillo plc has a strong and long tradition of mining, a proven track record of mine development, reserve replacement, and production costs in the lowest quartile of the cost curve for silver.
Fresnillo plc's goal is to maintain the Group's position as the world's largest primary silver company, producing 65 million ounces of silver and 750,000 ounces of gold by 2018.
1Operations at Soledad-Dipolos are currently suspended.