Last checked at 12 Sep 2016 18:17
FERREXPO plc
("Ferrexpo" or the "Group")
Results of General Meeting
The results of voting at Ferrexpo's general meeting held today, 12 September 2016, are summarised below. The general meeting was held in accordance with the provisions of Listing Rule 9.2.2.F.
All Resolutions were voted by way of a poll and were passed as Ordinary Resolutions.
| For/Discretion | Against | Total votes cast | Votes withheld1 | ||
Resolution | No. of votes | % of votes cast2 | No. of votes | % of votes cast2 | No. of votes | No. of votes |
1. To re-elect Oliver Baring as a director | 333,911,290 | 70.37 | 140,620,380 | 29.63 | 474,531,670 | 29,614 |
2. To re-elect Wolfram Kuoni as a director | 333,850,517 | 70.35 | 140,681,153 | 29.65 | 474,531,670 | 29,614 |
3. To re-elect Ihor Mitiukov as a director | 333,857,202 | 70.36 | 140,674,468 | 29.64 | 474,531,670 | 29,614 |
4. To re-elect Bert Nacken as a director | 333,916,007 | 70.37 | 140,615,663 | 29.63 | 474,531,670 | 29,614 |
5. To re-elect Mary Reilly as a director | 333,933,322 | 70.37 | 140,598,348 | 29.63 | 474,531,670 | 29,614 |
1. A vote withheld is not a vote in law and is not counted in the calculation of votes validly cast for or against a resolution
2. Excluding votes withheld
The Board of Ferrexpo notes that, notwithstanding the large majority who voted in favour of each resolution, there were a significant proportion of votes cast against each of the resolutions at the general meeting today. The Board has engaged and will continue to engage with shareholders in the light of this result, and the Chairman is happy to discuss the outcome of the votes with any shareholder who wishes to do so.
As at the date of the general meeting, the Company's issued share capital (excluding treasury shares) consisted of 588,624,142 Ordinary Shares carrying one vote each. Therefore, the total number of voting rights as at the date of the general meeting was 588,624,142.
In accordance with Listing Rule 9.6.2, Ferrexpo plc has submitted a copy of the resolutions dealing with the special business put to shareholders at the general meeting today to the National Storage Mechanism, which will shortly be available for inspection at www.Hemscott.com/nsm.do.
For further information contact:
Ferrexpo:
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Ingrid McMahon
| +44 207 389 8300 |
Maitland:
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Neil Bennett / James Isola | +44 207 379 5151 |
Notes to Editors:
Ferrexpo is a Swiss headquartered iron ore company with assets in Ukraine and transport and sales operations throughout the world. It has been mining and processing high quality iron ore pellets for the global steel industry for over 35 years. Ferrexpo's resource base is one of the largest iron ore deposits in the world. The Group is currently the 3rd largest supplier of pellets to the global steel industry and the largest producer and exporter of pellets from the Former Soviet Union. In 2015, it produced 11.7 million tonnes of pellets, a 6% increase compared to 2014 and a record for the Company. Ferrexpo has a diversified customer base supplying steel mills in Austria, Germany, Japan, South Korea, China as well as other European and Asian countries. Ferrexpo is listed on the main market of the London Stock Exchange under the ticker FXPO. For further information, please visit www.ferrexpo.com