Last checked at 15 May 2015 16:15
Intertek Group plc - Summary of Annual General Meeting
The Annual General Meeting of Intertek Group plc was held at The Westbury Hotel, Conduit Street, Mayfair, London W1S 2YF on Friday 15 May 2015, at 12.00 noon, documents having been dispatched to shareholders on 13 April 2015 and also placed on the Company's website, www.intertek.com.
The results of the poll are as follows:
VOTES FOR | % votes cast FOR1 | VOTES AGAINST | % votes cast AGAINST1 | TOTAL VOTES VALIDLY CAST2 | % ISSUED SHARE CAPITAL3 | VOTES WITHHELD2 | ||
1. | To receive the Report and Accounts | 119,173,710 | 99.91 | 105,821 | 0.09 | 119,279,531 | 73.92 | 1,276,322 |
2. | To approve the Remuneration Report | 57,723,515 | 48.32 | 61,739,614 | 51.68 | 119,463,129 | 74.03 | 1,092,723 |
3. | To approve the payment of a Final Dividend | 119,621,404 | 100.00 | 0 | 0.00 | 119,621,404 | 74.13 | 934,449 |
4. | To re-elect Sir David Reid as a Director | 118,464,000 | 98.59 | 1,695,864 | 1.41 | 120,159,864 | 74.47 | 395,989 |
5. | To re-elect Edward Astle as a Director | 119,749,957 | 99.66 | 409,907 | 0.34 | 120,159,864 | 74.47 | 395,989 |
6. | To re-elect Alan Brown as a Director | 119,794,940 | 99.70 | 364,924 | 0.30 | 120,159,864 | 74.47 | 395,989 |
7. | To elect Edward Leigh as a Director | 116,524,984 | 96.97 | 3,634,880 | 3.03 | 120,159,864 | 74.47 | 395,989 |
8. | To re-elect Dame Louise Makin as a Director | 119,349,034 | 99.33 | 810,830 | 0.67 | 120,159,864 | 74.47 | 395,989 |
9. | To re-elect Michael Wareing as a Director | 119,078,056 | 99.10 | 1,081,808 | 0.90 | 120,159,864 | 74.47 | 395,989 |
10. | To re-elect Mark Williams as a Director | 119,985,945 | 99.86 | 173,919 | 0.14 | 120,159,864 | 74.47 | 395,989 |
11. | To re-elect Lena Wilson as a Director | 119,865,391 | 99.86 | 173,919 | 0.14 | 120,039,310 | 74.39 | 516,543 |
12. | To reappoint KPMG Audit Plc as Auditor of the Company | 119,255,744 | 99.22 | 932,025 | 0.78 | 120,187,769 | 74.48 | 368,083 |
13. | To authorise the Director to determine the remuneration of the Auditor | 119,501,411 | 99.43 | 686,453 | 0.57 | 120,187,864 | 74.48 | 367,989 |
14. | To authorise the Directors to allot relevant securities | 105,468,182 | 87.75 | 14,718,982 | 12.25 | 120,187,164 | 74.48 | 368,689 |
15. | To authorise EU political donations and expenditure | 115,525,017 | 96.29 | 4,456,243 | 3.71 | 119,981,260 | 74.36 | 574,593 |
16. | To dis-apply pre-emption rights | 119,316,476 | 99.28 | 866,872 | 0.72 | 120,183,348 | 74.48 | 372,505 |
17. | To authorise the purchase of own shares | 120,146,381 | 99.97 | 41,483 | 0.03 | 120,187,864 | 74.48 | 367,989 |
18. | To authorise the Company to hold General Meetings (other than AGMs) on 14 clear days' notice | 109,629,348 | 91.21 | 10,558,515 | 8.79 | 120,187,863 | 74.48 | 367,989 |
Noting the outcome of the vote on the Remuneration Report (Resolution 2) this year, the Remuneration Committee has engaged with major shareholders and has taken into account their feedback. We value and respect the views of our shareholders and, as a result, the Board, in consultation with the incoming CEO, has determined that his 2015 Bonus will now be subject to the usual performance criteria and a compensatory award in this regard will no longer be made.
Notes:
1. The percentages above are rounded to two decimal places.
2. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "for" and "against" a resolution.
3. The number of ordinary shares in issue at 6.00 p.m. on 13 May 2015 was 161,361,777, of which the Total Voting Rights figure was 161,361,777.
4. In accordance with the requirements of Listing Rule 9.6.2, Intertek Group plc has submitted to the National Storage Mechanism a copy of the resolutions (other than those relating to ordinary business) passed at the Annual General Meeting of Intertek Group plc held on Friday 15 May 2015. These will shortly be available for inspection at: www.Hemscott.com/nsm.do.
Contact:
Richard Mountain, FTI Consulting - Telephone: +44 (0) 20 3727 1340
richard.mountain@fticonsulting.com
15 May 2015