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Last checked at 
18 Sep 2019 12:40
Games Workshop Group PLC
(the "Company")
2019 AGM voting results and dividend dates update
For immediate release 18 September 2019
At the AGM held today at 10am, all of the resolutions, as set out in the notice of meeting, were duly passed on a poll by the shareholders. Details of the proxy votes received in respect of each resolution are detailed below and will be posted on the Company's investor relations website at investor.games-workshop.com
Votes for |
% |
Votes against |
% |
Votes total | % of ISC voted (exc votes withheld) |
Votes withheld* | ||
Ordinary business | ||||||||
Resolution 1 | To receive the 2019 annual report | 20,505,956 | 100 | 5,795 | 0.0 | 20,511,751 | 63.1 | 90,532 |
Resolution 2 | To re-elect Kevin Rountree as a director | 20,520,720 | 99.6 | 81,064 | 0.4 | 20,601,784 | 63.4 | 500 |
Resolution 3 | To re-elect Rachel Tongue as a director | 20,492,286 | 99.5 | 108,535 | 0.5 | 20,600,821 | 63.4 | 1,462 |
Resolution 4 | To re-elect Nick Donaldson as a director | 14,929,261 | 73.4 | 5,420,793 | 26.6 | 20,350,054 | 62.6 | 252,229 |
Resolution 5 | To re-elect Elaine O'Donnell as a director | 20,441,172 | 99.2 | 160,501 | 0.8 | 20,601,673 | 63.4 | 610 |
Resolution 6 | To re-elect John Brewis as a director | 19,751,139 | 95.9 | 850,534 | 4.1 | 20,601,673 | 63.4 | 610 |
Resolution 7 | To elect Kate Marsh as a director | 20,601,164 | 100 | 510 | 0.0 | 20,601,673 | 63.4 | 610 |
Resolution 8 | To re-appoint Pricewaterhouse Coopers LLP as auditors | 20,597,108 | 100 | 4,675 | 0.0 | 20,601,783 | 63.4 | 500 |
Resolution 9 | To authorise the directors to fix the auditors remuneration | 20,601,784 | 100 | 500 | 0.0 | 20,602,284 | 63.4 | 0 |
Resolution 10 | To approve the remuneration report (excluding the directors' remuneration policy) | 18,558,641 | 90.2 | 2,026,109 | 9.8 | 20,584,750 | 63.3 | 17,533 |
Special business | ||||||||
Resolution 11 | To authorise the directors to allot relevant securities | 20,581,498 | 99.9 | 20,704 | 0.1 | 20,602,202 | 63.4 | 82 |
Resolution 12 | To disapply pre-emption rights | 20,597,639 | 100 | 2,682 | 0.0 | 20,600,321 | 63.4 | 1,963 |
Resolution 13 | To authorise the directors to make market purchases of the Company's own shares | 20,554,067 | 100 | 6,111 | 0.0 | 20,560,178 | 63.3 | 42,105 |
i)* A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes for and against resolutions
ii) Any votes that give discretion to the Chairman have been included in the "For" total.
iii) At close of business of 17 September 2019 there were 32,502,716 shares in issue.
The Board notes the result of Resolution 4 (the re-appointment of Nick Donaldson). From our ongoing communications with investors and proxy voting agencies, we understand that the concerns are largely in relation to Mr Donaldson being overboarded in terms of the calls on his time. The Board will consult with those shareholders who did not vote in favour to understand their views with respect to Mr Donaldson's multiple board commitments. The Board is confident that Mr Donaldson discharges effectively his role as Chairman, notwithstanding his other board commitments.
In accordance with Listing Rule 9.6.2, copies of the resolutions passed as special business of the meeting will be uploaded to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.
Dividend dates
In relation to announcement made earlier today regarding the dividend of 35 pence per share, which will be paid on 8 November 2019 for shareholders on the register at 27 September 2019, with an ex-dividend date of 26 September 2019. The last date for elections for the dividend re-investment plan is 18 October 2019 and not 11 October 2019 as previously stated.
For further information, please contact:
Games Workshop Group PLC | 0115 900 4003 | |
Kevin Rountree, CEO | ||
Rachel Tongue, Group Finance Director | ||
Investor relations website | http://investor.games-workshop.com | |
General website | www.games-workshop.com | |
The 2019 annual report and all other recent announcements may be viewed at the investor relations website at the address above.
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