Last checked at 29 Apr 2019 17:03
29 April 2019
Highway Capital Plc (the "Company")
Results of Annual General Meeting
The Company announces that at its Annual General Meeting held today, all the resolutions put to shareholders were duly passed.
The Company does not hold any shares in Treasury.
Full details of the resolutions passed, together with explanatory notes, are set out in the Notice of Annual General Meeting 2019 which is available on the Company's website at www.highwaycapital.co.uk.
Resolution | For/Discretion | % | Against | % | Total | Vote Withheld* |
1. To receive the report of the directors and the audited accounts for the year ended 28 February 2017 | 3,527,295
| 99.88% | 4,062 | 0.12% | 3,531,357 | 0 |
2. To receive the report of the directors and the audited accounts for the year ended 28 February 2018 | 3,527,295
| 99.88% | 4,062 | 0.12% | 3,531,357 | 0 |
3. To approve the directors' remuneration report (excluding the directors' remuneration policy, set out on page 8 of the directors' remuneration report) for the year ended 28 February 2017 | 3,510,746 | 99.42% | 20,412 | 0.58% | 3,531,357 | 199 |
4. To approve the directors' remuneration report (excluding the directors' remuneration policy, set out on page 9 of the directors' remuneration report) for the year ended 28 February 2018 | 3,506,596 | 99.30% | 24,562 | 0.70% | 3,531,357 | 199 |
5. To approve and ratify the directors' remuneration policy (as set out on page 8 of the directors' remuneration report for the year ended 28 February 2017) | 3,506,596 | 99.30% | 24,562 | 0.70% | 3,531,357 | 199 |
6. To approve and ratify the directors' remuneration policy (as set out on page 9 of the directors' remuneration report for the year ended 28 February 2018) to take effect immediately following the end of the AGM | 3,506,596 | 99.30% | 24,562 | 0.70% | 3,531,357 | 199 |
7. To re-elect Ludwik Sobolewski as a director of the company | 3,512,746 | 99.47% | 6262 | 0.18% | 3,531,357 | 12349 |
8. To re-elect Maciej Szytko as a director of the company | 3,507,559 | 99.33% | 6,262 | 0.18% | 3,531,357 | 17536 |
9. To re-elect Dariusz Zych as a director of the company | 3,511,709 | 99.44% | 6,262 | 0.18% | 3,531,357 | 13386 |
10. To elect Nicolay Mayster as a director of the company | 3,505,559 | 99.27% | 12,412 | 0.35% | 3,531,357 | 13,386 |
11. To re-appoint Shipleys LLP as the registered auditors of the company and to authorise the directors to determine their remuneration | 3,517,096 | 99.60% | 6,062 | 0.17% | 3,531,357 | 8,199 |
12. To authorise the directors to allot shares in the Company | 3,512,945 | 99.48% | 6,350 | 0.18% | 3,531,357 | 12,062 |
13. To disapply pre-emption rights | 3,510,995 | 99.42% | 8,300 | 0.24% | 3,531,357 | 12,062 |
14. To approve the company's new articles of association | 3,515,025 | 99.54% | 120 | 0.00% | 3,531,357 | 16,212 |
15. To approve the directors actions in relation to the relevant AGM, the relevant Accounts and the relevant Reports | 892,997 | 98.21% | 0 | 0.00% | 909,297 | 2,638,360 |
*'Vote Withheld' is not a vote in law and is not counted in the calculation of the proportion of the votes 'For' and 'Against' a resolution.
Maciej Szytko, Director of the Company, did not vote on Resolution 15.
In accordance with LR 9.6.2 of the UK Listing Authority, copies of the special resolutions passed at its Annual General Meeting to the National Storage Mechanism will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.
For further information, please visit www.highwaycapital.co.uk or contact the following:
Highway Capital | |
Maciej Szytko | +44 (0) 20 3427 3382 |
Peterhouse Capital Limited | |
Eran Zucker / Allie Feuerlein | +44 (0) 20 7469 0930 |