Last checked at 9 Jun 2021 11:29
FOR RELEASE ON | 09 June 2021 |
IP Group plc - Results of Annual General Meeting
The Annual General Meeting of IP Group plc was held earlier today. All of the resolutions proposed at the Annual General Meeting were passed by the appropriate majority on a poll.
In accordance with Listing Rule 9.6.1, a copy of the resolutions has been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
IP Group plc Annual General Meeting Poll Results
| RESOLUTION | VOTESFOR | % | VOTESAGAINST | % | VOTESTOTAL | % of ISC VOTED | VOTESWITHHELD |
1 | To receive the Directors' Report, the Audited Statement of Accounts and Auditor's Report of the Company for the financial year ended 31 December 2020. | 773,009,380 | 99.99 | 5,743 | 0.01 | 783,347,732 | 73.74 | 10,332,609 |
2 | To approve the Directors' Remuneration Report for the year ended 31 December 2020. | 760,157,189 | 97.72 | 17,765,700 | 2.28 | 783,347,732 | 73.74 | 5,424,843 |
3 | To declare a final dividend of £0.01 per share of the Company for the year ended 31 December 2020. | 782,604,678 | 99.91 | 722,435 | 0.09 | 783,347,732 | 73.74 | 20,619 |
4 | To authorise the directors to offer the holders of shares of the Company the right to elect (in whole or part) to receive new shares instead of cash and to allot new shares. | 783,232,354 | 99.99 | 89,330 | 0.01 | 783,347,732 | 73.74 | 26,048 |
5 | To re-appoint KPMG LLP as auditor of the Company. | 777,776,918 | 99.30 | 5,512,116 | 0.70 | 783,347,732 | 73.74 | 58,698 |
6 | To authorise the Directors to fix the remuneration of KPMG LLP as auditor of the Company. | 783,202,923 | 99.99 | 89,121 | 0.01 | 783,347,732 | 73.74 | 55,688 |
7 | To re-elect Mr Alan Aubrey as a Director of the Company. | 754,243,537 | 96.29 | 29,047,564 | 3.71 | 783,347,732 | 73.74 | 56,631 |
8 | To re-elect Mr David Baynes as a Director of the Company. | 748,839,601 | 95.60 | 34,449,645 | 4.40 | 783,347,732 | 73.74 | 58,486 |
9 | To re-elect Dr Caroline Brown as a Director of the Company. | 781,329,627 | 99.75 | 1,950,032 | 0.25 | 783,347,732 | 73.74 | 68,073 |
10 | To re-elect Mr Heejae Chae as Director of the Company. | 772,138,771 | 98.58 | 11,151,337 | 1.42 | 783,347,732 | 73.74 | 57,624 |
11 | To re-elect Sir Douglas Flint as a Director of the Company. | 781,411,807 | 99.76 | 1,895,400 | 0.24 | 783,347,732 | 73.74 | 40,525 |
12 | To re-elect Ms Aedhmar Hynes as a Director of the Company. | 782,021,078 | 99.84 | 1,270,886 | 0.16 | 783,347,732 | 73.74 | 55,768 |
13 | To re-elect Mr Greg Smith as a Director of the Company. | 776,301,890 | 99.11 | 6,994,315 | 0.89 | 783,347,732 | 73.74 | 51,527 |
14 | To re-elect Dr Elaine Sullivan as a Director of the Company. | 782,050,905 | 99.84 | 1,247,164 | 0.16 | 783,347,732 | 73.74 | 49,663 |
15 | To re-elect Mr Michael Townend as a Director of the Company. | 756,659,160 | 96.60 | 26,638,047 | 3.40 | 783,347,732 | 73.74 | 50,525 |
16 | To authorise the Directors to exercise all the powers of the Company to allot shares / equity securities subject to the limits set out in the Annual General Meeting ("AGM") notice. | 776,802,655 | 99.17 | 6,510,012 | 0.83 | 783,347,732 | 73.74 | 35,065 |
17 | To empower the Directors to allot equity securities for cash as if section 561(1) of the Companies Act 2006 ("Act") did not apply to any such allotment, subject to the limits set out in the AGM notice. | 779,998,525 | 99.58 | 3,301,611 | 0.42 | 783,347,732 | 73.74 | 47,596 |
18 | In addition to the authority granted under Resolution 16, to empower the Directors to allot equity securities in connection with an acquisition or other capital investment as if section 561(1) of the Act did not apply to any such allotment, subject to the limits set out in the AGM notice. | 754,817,464 | 96.36 | 28,490,838 | 3.64 | 783,347,732 | 73.74 | 39,430 |
19 | To authorise the Company and its subsidiaries to incur political expenditure (as defined in section 365 of the Act) not exceeding £50,000 in total. | 761,213,120 | 97.18 | 22,066,693 | 2.82 | 783,347,732 | 73.74 | 67,919 |
20 | To authorise the Company to make market purchases (as defined in section 693(4) of the Act) of the Company's ordinary shares, subject to the limits set out in the AGM notice. | 777,637,134 | 99.30 | 5,521,006 | 0.70 | 783,347,732 | 73.74 | 189,592 |
21 | To enable a general meeting other than an Annual General Meeting to be called on not less than 14 clear days' notice. | 774,396,041 | 98.86 | 8,913,416 | 1.14 | 783,347,732 | 73.74 | 38,275 |
22 | To amend the Company's Articles of Association. | 783,172,155 | 99.99 | 103,757 | 0.01 | 783,347,732 | 73.74 | 71,820 |
Ends