Last checked at 24 May 2019 15:39
Informa LEI: 5493006VM2LKUPSEDU20
24 May 2019
Informa PLC
Results of Annual General Meeting
London: Informa PLC (the "Company") held its Annual General Meeting ("AGM") at 240 Blackfriars Road, London SE1 8BF earlier today. All resolutions put to the AGM were voted on by way of a poll and were passed by shareholders.
Resolutions 5 and 10 were withdrawn following notifications by David Wei and Cindy Rose that they would not stand for election or re-election respectively and would therefore stand down from the Board at the conclusion of the AGM.
The results of the poll are set out below.
| RESOLUTION | FOR1 | AGAINST | TOTAL | WITHHELD2 | ||
|
| Votes | % | Votes | % | Votes | Votes |
1 | Receive the Annual Report and audited financial statements of the Company for the year ended 31 December 2018 | 1,020,360,196 | 100.00 | 2,972 | 0.00 | 1,020,363,168 | 3,770,404 |
2 | Approve the Directors' Remuneration Report | 899,746,980 | 90.17 | 98,111,823 | 9.83 | 997,858,803 | 26,275,623 |
3 | To approve a final dividend for the year ended 31 December 2018 of 14.85 pence per ordinary share | 1,023,332,801 | 99.99 | 147,658 | 0.01 | 1,023,480,459 | 653,968 |
4 | To elect Mary McDowell | 1,023,063,013 | 99.96 | 397,635 | 0.04 | 1,023,460,648 | 673,779 |
5 | To elect David Wei | RESOLUTION WITHDRAWN3 | |||||
6 | To re-elect Derek Mapp | 964,708,781 | 94.64 | 54,617,114 | 5.36 | 1,019,325,895 | 4,808,531 |
7 | To re-elect Stephen A. Carter | 1,019,880,346 | 99.65 | 3,589,866 | 0.35 | 1,023,470,212 | 664,215 |
8 | To re-elect Gareth Wright | 1,020,664,778 | 99.73 | 2,805,088 | 0.27 | 1,023,469,866 | 664,561 |
9 | To re-elect Gareth Bullock | 1,009,339,198 | 98.62 | 14,129,714 | 1.38 | 1,023,468,912 | 665,515 |
10 | To re-elect Cindy Rose | RESOLUTION WITHDRAWN3 | |||||
11 | To re-elect Helen Owers | 1,023,031,050 | 99.96 | 399,522 | 0.04 | 1,023,430,572 | 703,855 |
12 | To re-elect Stephen Davidson | 585,151,309 | 64.42 | 323,235,054 | 35.58 | 908,386,363 | 115,748,064 |
13 | To re-elect David Flaschen | 1,009,340,851 | 98.62 | 14,125,354 | 1.38 | 1,023,466,205 | 668,222 |
14 | To re-elect John Rishton | 958,146,632 | 98.22 | 17,352,857 | 1.78 | 975,499,489 | 48,634,938 |
15 | To re-appoint Deloitte LLP as auditor of the Company until the conclusion of the next general meeting at which accounts are laid | 970,096,136 | 94.78 | 53,376,831 | 5.22 | 1,023,472,967 | 660,747 |
16 | To authorise the Audit Committee, for and on behalf of the Board, to determine the Auditor's remuneration | 951,011,425 | 92.92 | 72,464,279 | 7.08 | 1,023,475,704 | 658,722 |
17 | To authorise the Company to make limited political donations and political expenditure of not more than £30,000 in aggregate | 1,012,117,887 | 99.35 | 6,670,610 | 0.65 | 1,018,788,497 | 5,345,593 |
18 | To approve the Informa ShareSave Plan | 1,015,014,204 | 99.11 | 9,066,772 | 0.89 | 1,024,080,976 | 53,010 |
19 | To authorise the Directors to allot shares, up to a limited amount | 1,020,638,022 | 99.66 | 3,447,967 | 0.34 | 1,024,085,989 | 48,438 |
20 | To authorise the Directors to allot shares, and sell treasury shares for cash, without making a pre-emptive offer to shareholders4 | 1,023,851,274 | 99.98 | 185,193 | 0.02 | 1,024,036,467 | 97,960 |
21 | To authorise the Directors to allot additional shares, and sell treasury shares for cash, without making a pre-emptive offer to shareholders in line with recommendations of the Pre-Emption Group4 | 974,945,555 | 95.21 | 49,091,430 | 4.79 | 1,024,036,985 | 97,442 |
22 | To authorise the Company to purchase its own shares4 | 1,016,022,454 | 99.35 | 6,624,261 | 0.65 | 1,022,646,715 | 1,487,711 |
23 | To authorise the calling of general meetings (other than an annual general meeting) on not less than 14 clear days' notice4 | 931,790,835 | 91.41 | 87,584,853 | 8.59 | 1,019,375,688 | 4,758,738 |
1 Where shareholders appointed the Chairman as their proxy with discretion as to voting, their votes were cast in favour of the resolutions.
2 A vote withheld is not a vote in law and is not counted towards the votes cast 'For' or 'Against' a resolution.
3 As announced on Tuesday 21st May, Cindy Rose and David Wei chose not to stand for re-election to the Board, so as to focus on their other professional commitments.
4 Special Resolution (75% majority required).
The Board is pleased that shareholders voted in support of all resolutions put to today's AGM. The Board remain committed to proactive engagement with the Company's shareholders in order to inform its approach and stay up to date with the latest thinking in relation to Board governance. The Board recognises that a minority of shareholders voted against Resolution 12, reflecting some concerns over multiple Board commitments. Whilst the full focus and commitment of all members of the Informa Board goes without question, these concerns have been duly noted and the Board will reflect on the feedback received.
The total voting rights of the Company as at 10.00pm on 22 May 2019 (the time by which shareholders wanting to attend, speak and vote at the AGM were required to be entered on the register) was 1,251,798,534 ordinary shares of 0.1p each. The Company does not hold any shares in treasury. Votes were cast in respect of 81.81% of the issued share capital.
In accordance with Listing Rule 9.6.2 copies of the resolutions passed at the AGM, other than resolutions constituting ordinary business, will shortly be available for inspection at the National Storage Mechanism (www.morningstar.co.uk/uk/nsm). A copy of the poll results for the AGM will also shortly be available on the Informa website (www.informa.com/investors).
Enquiries |
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Informa PLC |
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Rupert Hopley, Group Company Secretary | +44 (0)20 7017 5000 |
Richard Menzies-Gow, Director of Investor Relations | +44 (0)20 3377 3445 |