Last checked at 16 May 2014 17:17
Fresnillo Plc
28 Grosvenor Street
London W1K 4QR
United Kingdom
www.fresnilloplc.com
16 May 2014
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 19) and special resolutions (resolutions 20 to 22) set out in the Company's notice of AGM dated 11 April 2014.
The final voting figures are shown below.
Resolution | Total Votes Cast | For (*) | Against (*) | Withheld | ||
Number | % | Number | % | |||
1: Presentation of the accounts | 700,766,946 | 700,766,696 | 100.00 | 250 | 0.00 | 537,315 |
2: To approve the final dividend | 700,775,039 | 700,625,039 | 99.98 | 150,000 | 0.02 | 529,222 |
3: To approve the Remuneration Policy | 700,771,672 | 698,830,864 | 99.72 | 1,940,808 | 0.28 | 532,589 |
4: To approve the Remuneration Report | 700,773,189 | 700,754,395 | 100.00 | 18,794 | 0.00 | 531,072 |
5: To re-elect Mr Alberto Baillères | 663,319,800 | 652,811,840 | 98.42 | 10,507,960 | 1.58 | 37,984,460 |
6: To re-elect Mr Fernando Ruiz | 699,304,909 | 675,281,900 | 96.56 | 24,023,009 | 3.44 | 1,999,352 |
7: To re-elect Mr Guy Wilson | 700,773,673 | 700,656,107 | 99.98 | 117,566 | 0.02 | 530,588 |
8: To re-elect Mr Juan Bordes | 700,773,673 | 700,133,572 | 99.91 | 640,101 | 0.09 | 530,588 |
9: To re-elect Mr Arturo Fernández | 700,773,673 | 692,105,140 | 98.76 | 8,668,533 | 1.24 | 530,588 |
10: To re-elect Mr Rafael Mac Gregor | 700,773,673 | 699,516,652 | 99.82 | 1,257,021 | 0.18 | 530,588 |
11: To re-elect Mr Jaime Lomelín | 700,773,122 | 700,005,934 | 99.89 | 767,188 | 0.11 | 531,138 |
12: To re-elect Ms María Asunción Aramburuzabala | 700,119,631 | 699,616,539 | 99.93 | 503,092 | 0.07 | 1,184,630 |
13: To re-elect Mr Alejandro Baillères | 700,773,473 | 699,806,641 | 99.86 | 966,832 | 0.14 | 530,788 |
14. To elect Ms Bárbara Garza Lagüera | 700,773,273 | 700,768,128 | 100.00 | 5,145 | 0.00 | 530,988 |
15. To elect Mr Jaime Serra | 700,774,589 | 691,976,957 | 98.74 | 8,797,632 | 1.26 | 529,672 |
16. To elect Mr Charles Jacobs | 700,773,473 | 700,742,304 | 100.00 | 31,169 | 0.00 | 530,788 |
17:To appoint the auditors | 700,770,830 | 700,610,693 | 99.98 | 160,137 | 0.02 | 533,431 |
18: To allow the board to determine the auditors remuneration | 700,773,946 | 700,601,838 | 99.98 | 172,108 | 0.02 | 530,315 |
19: To allot shares | 700,773,777 | 700,681,855 | 99.99 | 91,922 | 0.01 | 530,484 |
20: To disapply pre-emption rights | 700,771,621 | 696,798,874 | 99.43 | 3,972,747 | 0.57 | 532,640 |
21: To authorise share Repurchase | 700,774,077 | 700,704,621 | 99.99 | 69,456 | 0.01 | 530,184 |
22: Notice of general meetings | 700,774,076 | 688,534,191 | 98.25 | 12,239,885 | 1.75 | 530,184 |
(*) = Includes discretionary votes
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 Office Tel: +44 (0)20 7399 2470
Gabriela Mayor, Head of Investor Relations
Mexico City Office Tel: +52 55 52 79 3206
Ana Belém Zárate
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 plc has six operating mines, all of them in Mexico - Fresnillo, Saucito, Ciénega (including the San Ramón satellite mine), Herradura, Soledad and Noche Buena; two development projects - Saucito II and San Julián and four advanced exploration prospects - Centauro Deep, Juanicipio, Orisyvo and Las Casas Rosario as well as a number of other long term exploration prospects. In total, Fresnillo plc has mining concessions covering approximately 2.1 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 both silver and gold.
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 500,000 ounces of gold by 2018.