Last checked at 13 May 2014 15:25
Glanbia plc ("the Company")
The Directors of the Company wish to announce that all resolutions proposed at the Annual General Meeting of the Company held on 13 May 2014 were passed, results of which are set out below. The full text of each resolution was included in the notice of the Annual General Meeting of the Company circulated to Shareholders on 7 April 2014 and made available on the Company's website www.glanbia.com.
In accordance with the Listing Rules two copies of the resolutions passed at the Annual General Meeting of the Company have been forwarded to both the Irish Stock Exchange and the UK National Storage Mechanism and will shortly be available for inspection at the following locations:-
Companies Announcements Office,
Irish Stock Exchange,
28 Anglesea Street,
Dublin 2,
Ireland
and
http://www.morningstar.co.uk/uk/NSM
RESULTS OF AGM
Each of resolutions 1 to 11 proposed at the Company's Annual General Meeting held on 13 May 2014 were carried on a show of hands. Results of the proxy votes received for each resolution are outlined below.
Resolution 1:
To receive and consider the financial statements for the year ended 4 January 2014
Against | Total excluding withheld | Withheld | Total including Withheld | ||||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
200,160,688 | 100.00% | 3,400 | 0.00% | 200,164,088 | 100.00% | 108,000 | 0.05% | 200,272,088 | 100.00% |
Resolution 2:
Declaration of Dividend
Against | Total excluding withheld | Withheld | Total including Withheld | ||||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
200,164,088 | 100.00% | 0 | 0.00% | 200,164,088 | 100.00% | 108,000 | 0.05% | 200,272,088 | 100.00% |
Resolution 3:
Re-appointment of Directors:
3a - John Callaghan
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
168,982,628 | 84.96% | 29,910,461 | 15.04% | 198,893,089 | 100.00% | 1,378,999 | 0.69% | 200,272,088 | 100.00% |
3b - William Carroll
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
184,625,507 | 92.24% | 15,524,481 | 7.76% | 200,149,988 | 100.00% | 122,100 | 0.06% | 200,272,088 | 100.00% |
3c - Henry Corbally
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
164,394,091 | 82.27% | 35,433,464 | 17.73% | 199,827,555 | 100.00% | 444,533 | 0.22% | 200,272,088 | 100.00% |
3d - Jer Doheny
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
188,013,289 | 93.93% | 12,149,299 | 6.07% | 200,162,588 | 100.00% | 109,500 | 0.05% | 200,272,088 | 100.00% |
3e - David Farrell
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
184,635,878 | 92.24% | 15,525,710 | 7.76% | 200,161,588 | 100.00% | 110,500 | 0.06% | 200,272,088 | 100.00% |
3f - Mark Garvey
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
198,229,126 | 99.03% | 1,933,462 | 0.97% | 200,162,588 | 100.00% | 109,500 | 0.05% | 200,272,088 | 100.00% |
3g - Donard Gaynor
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
199,597,577 | 99.72% | 563,386 | 0.28% | 200,160,963 | 100.00% | 111,125 | 0.06% | 200,272,088 | 100.00% |
3h - Patrick Gleeson
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
163,992,779 | 82.07% | 35,834,776 | 17.93% | 199,827,555 | 100.00% | 444,533 | 0.22% | 200,272,088 | 100.00% |
3i - Vincent Gorman
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
184,637,714 | 92.24% | 15,524,489 | 7.76% | 200,162,203 | 100.00% | 109,885 | 0.05% | 200,272,088 | 100.00% |
3j - Paul Haran
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
198,112,876 | 99.12% | 1,757,690 | 0.88% | 199,870,566 | 100.00% | 401,522 | 0.20% | 200,272,088 | 100.00% |
3k - Liam Herlihy
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
169,682,080 | 84.77% | 30,479,883 | 15.23% | 200,161,963 | 100.00% | 110,125 | 0.05% | 200,272,088 | 100.00% |
3l - Martin Keane
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
164,393,291 | 82.27% | 35,433,879 | 17.73% | 199,827,170 | 100.00% | 444,918 | 0.22% | 200,272,088 | 100.00% |
3m - Michael Keane
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
184,636,768 | 92.24% | 15,524,435 | 7.76% | 200,161,203 | 100.00% | 110,885 | 0.06% | 200,272,088 | 100.00% |
3n - Hugh McGuire
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
198,231,547 | 99.04% | 1,930,041 | 0.96% | 200,161,588 | 100.00% | 110,500 | 0.06% | 200,272,088 | 100.00% |
3o - Matthew Merrick
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
164,397,436 | 82.27% | 35,430,119 | 17.73% | 199,827,555 | 100.00% | 444,533 | 0.22% | 200,272,088 | 100.00% |
3p - John Murphy
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
184,406,051 | 92.23% | 15,525,389 | 7.77% | 199,931,440 | 100.00% | 340,648 | 0.17% | 200,272,088 | 100.00% |
3q - Patrick Murphy
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
184,279,590 | 92.07% | 15,882,292 | 7.93% | 200,161,882 | 100.00% | 110,206 | 0.06% | 200,272,088 | 100.00% |
3r - Brian Phelan
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
198,231,601 | 99.04% | 1,930,362 | 0.96% | 200,161,963 | 100.00% | 110,125 | 0.05% | 200,272,088 | 100.00% |
3s - Eamon Power
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
184,639,147 | 92.24% | 15,523,441 | 7.76% | 200,162,588 | 100.00% | 109,500 | 0.05% | 200,272,088 | 100.00% |
3t - Siobhan Talbot
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
198,233,932 | 99.04% | 1,928,656 | 0.96% | 200,162,588 | 100.00% | 109,500 | 0.05% | 200,272,088 | 100.00% |
Jerry Liston retired at the commencement of the Annual General Meeting and accordingly did not offer himself for re-appointment.
Resolution 4:
To authorise the Directors to fix the remuneration of the Auditors for the 2014 financial year
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
191,775,013 | 95.81% | 8,387,450 | 4.19% | 200,162,463 | 100.00% | 109,625 | 0.05% | 200,272,088 | 100.00% |
Resolution 5:
To receive and consider the Remuneration Committee Report
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
194,618,425 | 97.23% | 5,543,778 | 2.77% | 200,162,203 | 100.00% | 109,885 | 0.05% | 200,272,088 | 100.00% |
Resolution 6:
Ordinary resolution: To increase the ordinary share capital of the Company.
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
200,140,418 | 99.99% | 19,508 | 0.01% | 200,159,926 | 100.00% | 112,162 | 0.06% | 200,272,088 | 100.00% |
Resolution 7:
Special resolution: To amend the Memorandum of Association to reflect the change in authorised share capital referred to in Resolution 6
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
200,138,088 | 99.99% | 17,420 | 0.01% | 200,155,508 | 100.00% | 116,580 | 0.06% | 200,272,088 | 100.00% |
Resolution 8:
Special resolution: To amend the Articles of Association to reflect the change in authorised share capital referred to in Resolution 6
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
200,141,420 | 99.99% | 19,070 | 0.01% | 200,160,490 | 100.00% | 111,598 | 0.06% | 200,272,088 | 100.00% |
Resolution 9:
Authorisation to allot equity securities shares for cash
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
200,143,397 | 99.99% | 17,873 | 0.01% | 200,161,270 | 100.00% | 110,818 | 0.06% | 200,272,088 | 100.00% |
Resolution 10:
Special resolution: Authorisation to allot equity securities otherwise than in accordance with statutory pre‑emption rights
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
199,922,666 | 99.94% | 115,419 | 0.06% | 200,038,085 | 100.00% | 234,003 | 0.12% | 200,272,088 | 100.00% |
Resolution 11:
Special resolution: Authorisation to retain the power to hold EGMs on 14 days' notice
For | Against | Total excluding withheld | Withheld | Total including Withheld | |||||
Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % | Votes/Shares | % |
196,849,752 | 98.35% | 3,308,730 | 1.65% | 200,158,482 | 100.00% | 113,606 | 0.06% | 200,272,088 | 100.00% |
The "Vote Withheld" option is provided to enable abstention on any particular resolution. However, it should be noted that a "Vote Withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" a resolution.
13 May 2014
For further information contact:
Michael Horan, Group Secretary
Tel: 056 7772200