Last checked at 9 May 2023 14:33
LEI: 213800OC94PF2D675H41
9 May 2023
Hostelworld Group plc
(the "Company")
RESULTS OF ANNUAL GENERAL MEETING
The Annual General Meeting of the Company (the "AGM") was held at 12.00 noon today.
All resolutions proposed at the AGM were duly passed on a poll and the results of each resolution were as follows:
Resolution | For | Against | Votes withheld | Total proxy votes cast | Percentage of issued share capital voted (%) |
1. To adopt the Company's accounts and the Directors' and Auditor's Reports for the year ended 31 December 2022 | 103,231,210 | 1,352 | - | 103,232,562 | 84.72% |
2. To approve the Directors' remuneration report | 91,623,082 | 11,609,480 | - | 103,232,562 | 84.72% |
3. To re-elect Michael Cawley as a director | 100,969,362 | 2,263,200 | - | 103,232,562 | 84.72% |
4. To re-elect Carl G. Shepherd as a director | 95,386,769 | 7,845,793 | - | 103,232,562 | 84.72% |
5. To re-elect Éimear Moloney as a director | 101,535,947 | 1,696,615 | - | 103,232,562 | 84.72% |
6. To re-elect Gary Morrison as a director | 103,231,210 | 1,352 | - | 103,232,562 | 84.72% |
7. To re-elect Evan Cohen as a director | 101,535,947 | 1,696,615 | - | 103,232,562 | 84.72% |
8. To re-elect Caroline Sherry as a director | 103,231,170 | 1,392 | - | 103,232,562 | 84.72% |
9. To appoint KPMG as auditors to the Company | 103,230,906 | 1,656 | - | 103,232,562 | 84.72% |
10. To authorise the Directors to fix the auditors' remuneration | 103,230,946 | 1,616 | - | 103,232,562 | 84.72% |
11. To authorise the Directors to allot shares or grant subscription or conversion rights under section 551 of the Companies Act 2006 | 100,912,136 | 2,320,426 | - | 103,232,562 | 84.72% |
12. To generally disapply statutory pre-emption rights under the Companies Act 2006 | 100,858,393 | 2,374,169 | - | 103,232,562 | 84.72% |
13. To further disapply statutory pre-emption rights in connection with an acquisition or specified capital investment | 100,829,393 | 2,399,169 | - | 103,228,562 | 84.71% |
14. To authorise the Company to make market purchases of its own shares | 103,231,210 | 1,352 | - | 103,232,562 | 84.72% |
15. To authorise the Company to make political donations and incur political expenditure | 103,200,259 | 27,242 | 1,061 | 103,227,501 | 84.71% |
16. To permit general meetings to be called on 14 clear days' notice | 103,117,490 | 115,072 | - | 103,232,562 | 84.72% |
Notes:
Votes 'For' include those votes giving the Chair discretion.
(i) The number of ordinary shares in issue on 9 May 2023 was 121,854,274. Shareholders are entitled to one vote per share.
(ii) A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes validly cast.
Resolutions 1 to 11 and 15 proposed at the AGM were passed as ordinary resolutions and Resolutions 12 to 14 and 16 proposed at the AGM were passed as special resolutions.
In accordance with Listing Rule 9.6.2, copies of the resolutions passed at the Annual General Meeting (other than ordinary business) are being submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
In accordance with the Listing Rules of Euronext Dublin, a copy of such resolutions has also been forwarded to Euronext Dublin and will shortly be available for inspection at https://direct.euronext.com/#/oamfiling and at the following address:
Companies Announcement OfficeEuronext Dublin28 Anglesea StreetDublin 2
A copy of this announcement setting out the results of the AGM is also available on the Company's website at www.hostelworldgroup.com.
The full text of each of the resolutions passed at the AGM is set out in the notice of AGM, a copy of which is available on the Company's website (www.hostelworldgroup.com).
For further information contact:
Hostelworld Group plc Corporate@hostelworld.com
Gary Morrison, Chief Executive Officer
Caroline Sherry, Chief Financial Officer
Powerscourt (Financial PR adviser) hostelworld@powerscourt-group.com
Nick Dibden
Eavan Gannon
Tel: +44 (0) 20 7250 1446