Last checked at 14 Jul 2017 07:00
Helical plc (Company)
Annual General Meeting - 13 July 2017
At the ninety seventh Annual General Meeting of Helical plc held on Thursday 13 July 2017, all resolutions set out in the Notice of Meeting dated 13 June 2017, except for resolution 7, were passed by Shareholders on a show of hands. The Company announced on 12 July 2017 that Duncan Walker had stepped down from the Board with immediate effect and as a consequence, resolution 7 to re-elect him as a Director was withdrawn. Proxies were received by the Company from Shareholders in advance of the Annual General Meeting as follows:
Proxy Votes Received | |||||||
Resolution | For the Resolution1 | % For | Against the Resolution | % Against | Total Votes Validly Cast | Votes Withheld2 | |
1 | To receive and consider the accounts and reports of the Directors and Independent Auditor for the year ended 31 March 2017 | 96,504,069 | 100% | 0.0% | 0.0% | 96,504,069 | 53,045 |
2 | To declare a final dividend of 6.20 pence per ordinary share | 96,557,114 | 100% | 0.0% | 0.0% | 96,557,114 | 0 |
3 | To re-elect M. E. Slade as a Director | 90,711,831 | 93.95% | 5,845,283 | 6.05% | 96,557,114 | 0 |
4 | To re-elect G. A. Kaye as a Director | 95,327,423 | 98.73% | 1,229,691 | 1.27% | 96,557,114 | 0 |
5 | To re-elect T. J. Murphy as a Director | 95,325,083 | 98.72% | 1,232,031 | 1.28% | 96,557,114 | 0 |
6 | To re-elect M. C. Bonning-Snook as a Director | 95,325,083 | 98.73% | 1,229,691 | 1.27% | 96,554,774 | 2,340 |
7 | To re-elect D. C. E. Walker as a Director - Resolution Withdrawn | - | - | - | - | - | - |
8 | To re-elect R. D. Gillingwater as a Director | 94,906,222 | 98.29% | 1,650,892 | 1.71% | 96,557,114 | 0 |
9 | To re-elect S. V. Clayton as a Director | 96,418,677 | 99.86% | 138,437 | 0.14% | 96,557,114 | 0 |
10 | To re-elect R. R. Cotton as a Director | 96,416,337 | 99.86% | 138,437 | 0.14% | 96,554,774 | 2,340 |
11 | To re-elect R. J. Grant as a Director | 96,274,837 | 99.71% | 282,277 | 0.29% | 96,557,114 | 0 |
12 | To re-elect M. K. O'Donnell as a Director | 95,898,916 | 99.32% | 658,198 | 0.68% | 96,557,114 | 0 |
13 | To re-appoint Grant Thornton UK LLP as Auditors of the Company | 95,080,997 | 99.98% | 17,689 | 0.02% | 95,098,686 | 1,458,428 |
14 | To authorise the Directors to set the remuneration of the Independent Auditor | 96,531,961 | 99.97% | 25,153 | 0.03% | 96,557,114 | 0 |
15 | To approve the Directors' Remuneration Report (other than the section containing the Directors' remuneration policy) for the year ended 31 March 2017 | 81,173,041 | 84.07% | 15,381,808 | 15.93% | 96,554,849 | 2,265 |
16 | To authorise the Directors to allot shares pursuant to section 551 of the Companies Act 2006 | 89,381,316 | 93.04% | 6,723,458 | 6.96% | 96,554,774 | 2,340 |
17 | To authorise the Directors to dis-apply pre-emption rights pursuant to sections 570 and 573 of the Companies Act 20063 | 96,550,169 | 99.99% | 6,945 | 0.01% | 96,557,114 | 0 |
18 | To authorise the Directors to dis-apply pre-emption rights pursuant to sections 570 and 573 of the Companies Act 2006 in addition to resolution 173 | 85,575,692 | 88.63% | 10,981,422 | 11.37% | 96,557,114 | 0 |
19 | To authorise the Company to make market purchases of its Ordinary Shares pursuant to section 701 of the Companies Act 20063 | 95,058,416 | 98.46% | 1,483,071 | 1.54% | 96,541,487 | 15,627 |
20 | To approve general meetings (other than annual general meetings) to be held on not less than 14 clear days' notice3 | 94,869,964 | 98.25% | 1,687,150 | 1.75% | 96,557,114 | 0 |
Notes to the Disclosure:As at the date of the meeting there were 118,534,278 ordinary shares of 1p each in issue.
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.morningstar.co.uk/uk/nsm.
1 Includes discretionary votes
2 A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution
3 Special Resolution requires at least 75% of votes in favour
For further information please contact:
James MossCompany Secretary020 7629 0113