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3 Dec 2020 13:44
MJ GLEESON plc
Incorporated in England and Wales
Registration number: 09268016
LEI: 21380064K7N2W7FD6434
ISIN: GB00BRKD9Z53
MJ Gleeson plc
("the Company")
MJ Gleeson plc - Annual General Meeting Results
The Company held its Annual General Meeting at 11:00am on Thursday 3rd December 2020, as a closed meeting at 6 Europa Court, Sheffield Business Park, Sheffield S9 1XE (the "AGM").
All resolutions put to the meeting were voted on by way of a poll and were passed by the shareholders. The following table gives results of the poll vote:
Votes For | Votes Against | Votes Withheld | Total Votes Cast | |||||
Resolution | No. of shares | % of shares voted | No. of shares | % of shares voted | No. of shares | No. of shares | % of issued share capital | |
1 | To receive and adopt the Report of the Directors and the financial statements together with the Independent Auditors' Report for the year ended 30 June 2020 | 45,775,660 | 99.89 |
51,562
|
0.11
|
1,957
|
45,827,222
| 78.67% |
2 | To re-appoint Dermot Gleeson as a Director | 43,761,829 | 95.5 | 2,061,178 | 4.5 | 9,132 | 45,823,007 | 78.66% |
3 | To re-appoint Andrew Coppel as a Director | 45,187,941 | 98.6 | 642,203 | 1.4 | 1,995 | 45,830,144 | 78.67% |
4 | To re-appoint Fiona Goldsmith as a Director | 45,188,111 | 98.6 | 642,033 | 1.4 | 1,995 | 45,830,144 | 78.67% |
5 | To re-appoint Christopher Mills as a Director | 38,741,267 | 84.55 | 7,081,740 | 15.45 | 9,132 | 45,823,007 | 78.66% |
6 | To re-appoint James Thomson as a Director | 45,824,601 | 99.99 | 5,543 | 0.01 | 1,995 | 45,830,144 | 78.67% |
7 | To re-appoint Stefan Allanson as a Director | 45,816,166 | 99.97 | 13,978 | 0.03 | 1,995 | 45,830,144 | 78.67% |
8 | To re-appoint PricewaterhouseCoopers LLP as Independent Auditor | 45,810,325 | 99.96 | 19,819 | 0.04 | 1,995 | 45,830,144 | 78.67% |
9 | To authorise the Directors to determine the Independent Auditor's remuneration | 45,824,519 | 99.99 | 5,663 | 0.01 | 1,957 | 45,830,182 | 78.67% |
10 | To approve the Annual Report on Remuneration | 27,757,341 | 60.66 | 18,002,509 | 39.34 | 72,289 | 45,759,850 | 78.55% |
11 | To authorise the Directors to allot shares in the Company pursuant to Section 551 of the Companies Act 2006 | 45,756,316 | 99.85 | 69,552 | 0.15 | 6,271 | 45,825,868 | 78.66% |
12 | To disapply pre-emption rights in connection with a rights issue | 45,496,816 | 99.28 | 328,302 | 0.72 | 7,021 | 45,825,118 | 78.66% |
13 | To disapply pre-emption rights in connection with allotment of equity securities or sale of treasury shares | 45,490,145 | 99.27 | 334,972 | 0.73 | 7,021 | 45,825,117 | 78.66% |
14 | To authorise the Company to purchase its own shares under Section 701 of the Companies Act 2006 | 45,563,986 | 99.43 | 261,881 | 0.57 | 6,271 | 45,825,867 | 78.66% |
15 | To authorise the Company to call General Meetings other than Annual General Meetings on not less than 14 clear days' notice | 45,466,982 | 99.21 | 361,300 | 0.79 | 3,857 | 45,828,282 | 78.67% |
Resolution 10:
Whilst the Board welcomes the strong level of support for the resolutions put to the Meeting, it notes that resolution 10 (to approve the Directors' Remuneration Report) was passed with 60.66% of votes cast.
The Company engaged with shareholders and the relevant proxy advisory companies in advance of the AGM and fully understands the issues of primary concern. However, Andrew Coppel, as the recently appointed Chairman of the Remuneration Committee, will undertake a wider engagement with shareholders as part of the Committee's review of the Company's overall remuneration policy ahead of publishing its next report. The Board will provide an update no later than 6 months' time.
* Includes discretionary votes
Notes:
(1) A "vote withheld" is not a vote in law and is not counted in the total number of votes cast for or against a resolution.
(2) Resolutions 1-11 were ordinary resolutions and resolutions 12-15 were special resolutions.
Copies of the special business resolutions passed at the Annual General Meeting will shortly be available for inspection via the Financial Services Authority's National Storage Mechanism in accordance with 9.6.2(R) of the Listing Rules.
There were 58,255,788 ordinary shares of 2p each in issue on 3 December 2020.
Further information is available from:
MJ Gleeson plc | |||
Stefan Allanson Chief Financial Officer Tel: 01142 612900 | Leanne Johnson Company Secretary Tel: 01142 612900 |
| |
3 December 2020
END
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