Last checked at 26 May 2016 16:40
Ibstock plc
Annual General Meeting 2016 Results
The first Annual General Meeting of Ibstock plc (the "Company") was held at the Mercure Leicester, The Grand Hotel, Granby Street, Leicester, Leicestershire, LE1 6ES on Thursday 26th May 2016 at 2:00pm.
All of the resolutions were voted upon by poll and were passed by shareholders. The total number of ordinary shares in issue was 406,102,272 shares.
The full text of each resolution is contained in the notice of Annual General Meeting, which is available on the Company's website www.ibstockplc.com (with each resolution number below corresponding to the resolution number in the notice).
The number of votes for and against each of the resolutions put before the Annual General Meeting and the number of votes withheld were as follows:
Resolution | Votes For | Votes Against | Total Votes cast (excluding Withheld) | Votes Withheld | |||
No of shares | % of shares voted | No of shares | % of shares voted | No of shares | |||
1 | To receive the Annual Report and accounts for the financial period ended 31 December 2015. | 376,418,129 | 99.98% | 80,400 | 0.02% | 376,498,529 | 107,862 |
2 | The approve the Directors' Remuneration Report (excluding the Directors' remuneration policy set out on pages 61 to 73 of the report) | 375,925,993 | 99.99% | 27,541 | 0.01% | 375,953,534 | 652,857 |
3 | To approve the Directors' Remuneration policy set out on pages 61 to 73 of the report. | 374,209,516 | 99.36% | 2,394,225 | 0.64% | 376,603,741 | 2,250 |
4 | To declare a final dividend of 4.4 pence per ordinary share for the financial period ended 31 December 2015. | 376,603,991 | 100.00% | 400 | 0.00% | 376,604,391 | 2,000 |
5 | To re-elect Jamie Pike as a Director. | 372,350,866 | 98.87% | 4,252,725 | 1.13% | 376,603,591 | 2,400 |
6 | To re-elect Wayne Sheppard as a Director. | 376,604,541 | 100.00% | 1,050 | 0.00% | 376,605,591 | 800 |
7 | To re-elect Kevin Sims as a Director. | 376,602,791 | 100.00% | 2,250 | 0.00% | 376,605,041 | 950 |
8 | To re-elect Matthias Boyer Chammard as a Director. | 375,142,405 | 99.61% | 1,461,436 | 0.39% | 376,603,841 | 2,550 |
9 | To re-elect Jonathan Nicholls as a Director. | 376,601,341 | 100.00% | 2,650 | 0.00% | 376,603,991 | 2,400 |
10 | To re-elect Michel Plantevin as a Director. | 375,142,405 | 99.61% | 1,461,436 | 0.39% | 376,603,841 | 2,550 |
11 | To elect Tracey Graham as a Director. | 376,600,941 | 100.00% | 2,650 | 0.00% | 376,603,591 | 2,800 |
12 | To elect Lynn Minella as a Director. | 376,600,941 | 100.00% | 2,650 | 0.00% | 376,603,591 | 2,800 |
13 | To re-appoint Ernst & Young LLP as the Company's auditor. | 376,597,039 | 100.00% | 8,552 | 0.00% | 376,605,591 | 800 |
14 | To authorise the Audit Committee to determine the remuneration of the auditor. | 376,595,939 | 100.00% | 9,102 | 0.00% | 376,605,041 | 1,200 |
15 | To authorise the Company to make political donations. | 376,427,628 | 99.95% | 174,513 | 0.05% | 376,602,141 | 4,250 |
16 | To authorise the Directors to allot shares. | 376,592,039 | 100.00% | 11,802 | 0.00% | 376,603,841 | 2,400 |
17 | To disapply pre-emption rights.** | 370,602,878 | 99.81% | 693,348 | 0.19% | 371,296,226 | 5,309,765 |
18 | That a general meeting (other than an Annual General Meeting) may be called on not less than 14 clear days' notice.** | 375,097,447 | 99.60% | 1,506,943 | 0.40% | 376,604,390 | 2,000 |
The number of votes cast by shareholders, other than the Controlling Shareholder, for and against each of the resolutions for the (re-)election of Independent Directors were as follows: | |||||||
9 | To re-elect Jonathan Nicholls as a Director. | 185,900,906 | 100.00% | 2,650 | 0.00% | 185,903,556 | 2,400 |
11 | To elect Tracey Graham as a Director. | 185,900,506 | 100.00% | 2,650 | 0.00% | 185,903,156 | 2,800 |
12 | To elect Lynn Minella as a Director. | 185,900,506 | 100.00% | 2,650 | 0.00% | 185,903,156 | 2,800 |
Copies of special resolutions 17 and 18 will shortly be available for inspection at the National Storage Mechanism, which is located at http://www.morningstar.co.uk/uk/nsm.
Notes:
*Votes 'withheld' are not votes under English law and so have not been included in the calculation of whether a resolution is carried. Percentages have been rounded to two decimal places.
** Special resolution.
For further information contact:
Ibstock plc
Robert Douglas, Company Secretary + 44 (0)1530 257 211
Citigate Dewe Rogerson + 44 (0)20 7638 9571
Kevin Smith
Nick Hayns