Last checked at 14 Nov 2019 13:23
Genus plc (the 'Company') - 2019 AGM Poll Results
The Company announces that at its AGM held on Thursday, 14 November 2019, all resolutions set out in the Notice of AGM were passed on a poll.
Resolutions 1 to 16 were passed as Ordinary Resolutions and Resolutions 17 to 20 were passed as Special Resolutions. The following table sets out the votes cast on each resolution:
Resolutions | In Favour Votes | % | Against Votes | % | Abstentions Votes | Total no. of shares in respect of which proxies were validly made |
1. To receive the Company's audited Financial Statements and the Directors' Reports for the year ended 30 June 2019. | 44,252,749 | 99.99 | 4,559 | 0.01 | 1,602,450 | 44,257,308 |
2. To approve the Directors' Remuneration Report, other than the part containing the Directors' Remuneration Policy for the year ended 30 June 2019. | 44,735,774 | 98.43 | 714,612 | 1.57 | 409,372 | 45,450,386 |
3. To approve the Directors' Remuneration Policy as set out on pages 72 to 82 of the Company's Annual Report 2019. | 42,801,233 | 93.35 | 3,046,755 | 6.65 | 11,770 | 45,847,988 |
4. To approve the rules of the Genus plc Performance Share Plan | 45,014,992 | 98.17 | 839,491 | 1.83 | 5,276 | 45,854,483 |
5. To approve the rules of the Genus plc Deferred Share Bonus Plan | 45,311,924 | 98.82 | 540,562 | 1.18 | 7,272 | 45,852,486 |
6. To approve the amended rues of the Genus plc 2014 Deferred Share Bonus Plan | 45,327,368 | 98.85 | 526,142 | 1.15 | 6,248 | 45,853,510 |
7. To declare a final dividend of 18.8 pence per Ordinary Share. | 45,857,432 | 100.00 | 727 | 0.00 | 1,600 | 45,858,159 |
8. To re-elect Bob Lawson as a Director of the Company. | 45,078,391 | 98.30 | 781,317 | 1.70 | 50 | 45,859,708 |
9. To re-elect Stephen Wilson as a Director of the Company. | 45,857,525 | 100.00 | 1,013 | 0.00 | 1,221 | 45,858,538 |
10. To re-elect Lysanne Gray as a Director of the Company. | 45,757,114 | 99.78 | 100,835 | 0.22 | 1,810 | 45,857,949 |
11. To re-elect Lykele van der Broek as a Director of the Company. | 45,770,496 | 99.81 | 86,996 | 0.19 | 2,267 | 45,857,492 |
12. To re-elect Lesley Knox as a Director of the Company. | 43,861,742 | 95.65 | 1,996,490 | 4.35 | 1,526 | 45,858,232 |
13. To re-elect Ian Charles as a Director of the Company. | 43,158,331 | 95.10 | 2,225,684 | 4.90 | 475,743 | 45,384,015 |
14. To re-appoint Deloitte LLP as auditor of the Company. | 44,259,207 | 96.52 | 1,595,398 | 3.48 | 5,153 | 45,854,605 |
15. To authorise the Audit and Risk Committee of the Board to determine the remuneration of the auditor. | 44,777,908 | 97.65 | 1,076,830 | 2.35 | 5,021 | 45,854,738 |
16. To empower the Directors with limited authority to allot Ordinary Shares. | 41,308,715 | 90.10 | 4,537,252 | 9.90 | 13,792 | 45,845,967 |
17. To empower the Directors with limited authority to allot equity securities for cash without first offering them to existing shareholders. | 45,801,197 | 99.91 | 40,455 | 0.09 | 18,107 | 45,841,652 |
18. To empower the Directors with limited authority to allot additional equity securities for cash without first offering them to existing shareholders provided that this power be used only in connection with an acquisition or other capital investment. | 41,296,603 | 90.08 | 4,545,716 | 9.92 | 17,439 | 45,842,319 |
19. To empower the Directors with limited authority to make one or more market purchases of any Ordinary Shares. | 45,219,733 | 98.82 | 539,384 | 1.18 | 100,641 | 45,759,117 |
20. To allow a General Meeting other than an Annual General Meeting to be called on not less than 14 clear days' notice. | 42,625,519 | 92.96 | 3,229,867 | 7.04 | 4,373 | 45,855,386 |
A copy of the special business resolutions will be submitted to the National Storage Mechanism and will soon be available to view at http://www.morningstar.co.uk/uk/NSM.
As at the close of business on 13 November 2019, the total number of ordinary shares of £0.10 each eligible to be voted at the AGM was 65,071,431.
Therefore, the total voting rights in the Company as at that time were 65,071,431. The proportion of the Company's issued share capital represented by the votes validly cast was 70.46%.
Equiniti acted as scrutineer of the poll on all resolutions.