Last checked at 18 May 2023 12:50
18 May 2023
Inchcape plc (Company)
Result of Annual General Meeting
The Company announces that all resolutions proposed at the Annual General Meeting of the Company held earlier today at the Institute of Directors, 116 Pall Mall, London SW1Y 5ED were passed by way of a poll.
Details of the votes cast on all resolutions are set out below and will also be available on the Company's website: www.inchcape.com
In accordance with UK Listing Rule 9.6.2, copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism shortly and be available for inspection.
Resolution | Votes For | % of votes cast | Votes Against | % of votes cast | Votes Total | % of Issued Capital | Votes Withheld | |
1 | RECEIVE THE REPORT AND ACCOUNTS | 361,442,933 | 99.91% | 324,520 | 0.09% | 361,767,453 | 87.59% | 2,024,060 |
2 | REMUNERATION REPORT | 359,565,195 | 98.89% | 4,031,486 | 1.11% | 363,596,681 | 88.04% | 194,832 |
3 | REMUNERATION POLICY | 349,306,482 | 96.07% | 14,288,011 | 3.93% | 363,594,493 | 88.04% | 197,020 |
4 | DECLARE A FINAL DIVIDEND | 363,790,263 | 100.00% | 728 | 0.00% | 363,790,991 | 88.08% | 522 |
5 | RE-ELECT NAYANTARA BALI | 359,365,873 | 98.79% | 4,409,135 | 1.21% | 363,775,008 | 88.08% | 16,505 |
6 | RE-ELECT JERRY BUHLMANN | 359,563,571 | 98.84% | 4,204,575 | 1.16% | 363,768,146 | 88.08% | 16,371 |
7 | ELECT JUAN PABLO DEL RIO | 355,825,593 | 97.81% | 7,949,549 | 2.19% | 363,775,142 | 88.08% | 16,371 |
8 | ELECT BYRON GROTE | 347,004,617 | 95.39% | 16,770,525 | 4.61% | 363,775,142 | 88.08% | 16,371 |
9 | RE-ELECT ALEX JENSEN | 357,232,407 | 98.68% | 4,767,770 | 1.32% | 362,000,177 | 87.65% | 1,791,336 |
10 | RE-ELECT JANE KINGSTON | 359,559,821 | 98.84% | 4,214,989 | 1.16% | 363,774,810 | 88.08% | 16,703 |
11 | RE-ELECT SARAH KUIJLAARS | 359,561,282 | 98.84% | 4,213,860 | 1.16% | 363,775,142 | 88.08% | 16,371 |
12 | RE-ELECT NIGEL STEIN | 354,047,852 | 97.33% | 9,727,156 | 2.67% | 363,775,008 | 88.08% | 16,505 |
13 | RE-ELECT DUNCAN TAIT | 362,913,525 | 99.76% | 861,617 | 0.24% | 363,775,142 | 88.08% | 16,371 |
14 | RE-APPOINT DELOITTE AS AUDITOR | 363,779,481 | 100.00% | 11,137 | 0.00% | 363,790,618 | 88.08% | 895 |
15 | AUDITOR REMUNERATION | 363,779,779 | 100.00% | 9,086 | 0.00% | 363,788,865 | 88.08% | 2,648 |
16 | AUTHORITY TO ALLOT SECURITIES | 361,546,124 | 99.38% | 2,239,024 | 0.62% | 363,785,148 | 88.08% | 6,365 |
17 | DISAPPLY PRE-EMPTION RIGHTS | 363,528,780 | 99.93% | 247,504 | 0.07% | 363,776,284 | 88.08% | 15,229 |
18 | DISAPPLY PRE-EMPTION RIGHTS 2 | 361,252,120 | 99.31% | 2,520,588 | 0.69% | 363,772,708 | 88.08% | 18,805 |
19 | PURCHASE OWN SHARES | 361,533,705 | 99.45% | 2,006,032 | 0.55% | 363,539,737 | 88.02% | 251,776 |
20 | MEETING NOTICE PERIODS | 359,076,216 | 98.70% | 4,711,588 | 1.30% | 363,787,804 | 88.08% | 3,709 |
Notes:
A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.
Resolutions 1 to 16 were ordinary resolutions, requiring over 50% of shareholders' votes to be cast in favour of the resolutions.
Resolutions 17 to 20 were special resolutions, requiring at least 75% of shareholders' votes to be cast in favour of the resolutions.
No other resolutions were put to the meeting.
The number of shares in issue as at the date of this announcement is 413,007,132.
Ends
About Inchcape
Inchcape is the leading global automotive distributor, with operations across six continents. Through the unique expertise of our people, our suite of cutting-edge technology products, and our approach to advanced data analytics, we provide the platform for the world's leading mobility companies to accelerate their ambitions in markets where we and our partners want to succeed.
Our distribution platform connects the products of mobility companies with customers, and our responsibilities span from product planning and pricing, import and logistics, brand and marketing to operating digital sales, managing physical sales and aftermarket service channels.
Inchcape is driven by its purpose of 'bringing mobility to the world's communities, for today, for tomorrow and for the better'. We are committed to making a positive contribution to the communities in which we operate, for our people, for society and for the planet. The Group is headquartered in London and employs around 19,000 people globally.
www.inchcape.com