Last checked at 5 Feb 2014 16:13
5 February 2014
Grainger plc ("Grainger"/ the "Company")
Result of AGM
At the one hundred and first Annual General Meeting of Grainger plc held on Wednesday 5 February 2014, the following resolutions set out in the Notice of Meeting dated 10 December 2013 were passed by Shareholders on a show of hands. Proxies were received by the Company from Shareholders in advance of the Annual General Meeting as follows:
Resolutions
Votes for | Votes against | Total votes | Votes withheld | |||
1. | To approve and adopt the directors' report and the audited financial statements for the year ended 30 September 2013 | 300,868,461 | 0 | 300,868,461 | 2,923,743 | |
2. | To approve the remuneration committee report for the year ended 30 September 2013 | 267,625,281 | 21,638,526 | 289,263,807 | 14,528,397 | |
3. | To approve the directors' policy on remuneration | 216,275,016 | 27,612,838 | 243,887,854 | 59,904,350 | |
4. | To declare a dividend | 301,324,145 | 0 | 301,324,145 | 2,468,059 | |
5. | To re-elect John Barnsley | 233,514,390 | 51,288,116 | 284,802,506 | 18,989,698 | |
6. | To re-elect Robin Broadhurst | 300,367,093 | 957,052 | 301,324,145 | 2,468,059 | |
8. | To re-elect Andrew Cunningham | 300,978,068 | 346,077 | 301,324,145 | 2,468,059 | |
9. | To re-elect Simon Davies | 300,471,148 | 852,756 | 301,323,904 | 2,468,300 | |
10. | To re-elect Margaret Ford | 296,435,398 | 4,888,747 | 301,324,145 | 2,468,059 | |
11. | To re-elect Mark Greenwood | 300,978,068 | 346,077 | 301,324,145 | 2,468,059 | |
12. | To re-elect Nick Jopling | 300,971,389 | 352,756 | 301,324,145 | 2,468,059 | |
13. | To re-elect Belinda Richards | 300,572,989 | 737,647 | 301,310,636 | 2,481,568 | |
14. | To re-elect Tony Wray | 300,690,466 | 593,152 | 301,283,618 | 2,508,586 | |
15. | To reappoint PricewaterhouseCoopers LLP as auditors of the Company | 294,805,429 | 6,518,716 | 301,324,145 | 2,468,059 | |
16. | To authorise the directors to fix the remuneration of auditors | 298,582,039 | 2,742,106 | 301,324,145 | 2,468,059 | |
17. | To authorise the directors to allot shares for the purpose of s551 of the Companies Act 2006 | 278,807,439 | 22,273,380 | 301,080,819 | 2,711,385 | |
18. | To disapply statutory pre-emption rights in relation to the allotment of shares* | 300,360,314 | 110,866 | 300,471,180 | 3,321,024 | |
19. | To authorise the company to make market purchases of its own shares* | 301,255,173 | 68,952 | 301,324,125 | 2,468,079 | |
20. | To reduce the notice period for general meetings to not less than 14 clear days' notice and incur political expenditure* | 269,474,235 | 31,849,910 | 301,324,145 | 2,468,059 | |
21. | To authorise political donations up to £50,000 in aggregate | 292,607,552 | 8,714,173 | 301,321,725 | 2,470,479 | |
Note re resolution 7 | ||||||
Since the notice convening the Annual General Meeting was sent to shareholders, Peter Couch retired as a director on 31 January 2014, and therefore the resolution relating to his re-election was withdrawn. | ||||||
Notes for the Disclosure
As at the date of the Annual General Meeting, there were 415,114,913 ordinary shares of 5p each in issue (excluding treasury shares).
In accordance with Listing Rule 9.6.2, copies of resolutions other than those concerning ordinary business passed at the Annual General Meeting have been submitted to the National Storage Mechanism and can be viewed at http://www.hemscott.com/nsm.do
*Special resolutions
For further information:
Grainger plc
Andrew Cunningham / Mark Greenwood / Kurt Mueller
Tel: + 44 (0) 20 7795 4700 Tel: + 44 (0) 191 261 1819
For and behalf of Grainger plc | FTI Consulting
Stephanie Highett / Dido Laurimore / Will Henderson / Nick Taylor
Tel: + 44 (0) 20 7831 3113 |
M P Windle
Company Secretary