Last checked at 25 Jan 2017 11:49
Result of AGM
25 January 2017
Marston's PLC (the "Company") is pleased to announce that at its Annual General Meeting, held on 24 January 2017, all the resolutions proposed in the Notice of Meeting were passed on a poll. Full details of the total number of votes received for each resolution are set out below and will also be made available on the Company's website: www.marstons.co.uk
A copy of the resolutions passed at the AGM that the Company considers to be non-routine business will be submitted to the UK Listing Authority's National Storage Mechanism and will be available to view at http://www.morningstar.co.uk/uk/NSM.
Resolution
| Votes for | % of votes cast | Votes against | % of votes cast | Total votes cast | Total votes cast as a % of issued share capital | Votes withheld | |
1 | Receive the Annual Report and Accounts | 83,756,166 | 99.88% | 102,882 | 0.12% | 83,859,048 | 49.27% | 29,932 |
2 | Approve the Directors' remuneration policy | 80,921034 | 97.88% | 1,753,514 | 2.12% | 82,674,548 | 48.57% | 1,214,429 |
3 | Approve the Annual Report on Remuneration | 82,129,038 | 99.26% | 608,771 | 0.74% | 82,737,809 | 48.61% | 1,151,170 |
4 | Declare a final dividend | 83,867,640 | 100.00% | 1,732 | 0.00% | 83,869,372 | 49.27% | 19,610 |
5 | Re-elect Andrew Andrea | 82,454,106 | 99.57% | 355,707 | 0.43% | 82,809,813 | 48.65% | 1,079,074 |
6 | Re-elect Nicholas Backhouse | 82,565,987 | 99.71% | 243,604 | 0.29% | 82,809,591 | 48.65% | 1,079,298 |
7 | Re-elect Carolyn Bradley | 82,672,015 | 99.84% | 134,770 | 0.16% | 82,806,785 | 48.65% | 1,082,104 |
8 | Re-elect Peter Dalzell | 82,629,502 | 99.78% | 179,516 | 0.22% | 82,809,018 | 48.65% | 1,079,871 |
9 | Re-elect Roger Devlin | 82,560,245 | 99.70% | 244,544 | 0.30% | 82,804,789 | 48.65% | 1,084,097 |
10 | Re-elect Ralph Findlay | 78,170,623 | 94.40% | 4,641,514 | 5.60% | 82,812,137 | 48.65% | 1,076,749 |
11 | Re-elect Catherine Glickman | 81,631,566 | 99.72% | 231,877 | 0.28% | 81,863,443 | 48.10% | 2,025,444 |
12 | Re-elect Robin Rowland | 82,673,904 | 99.84% | 135,860 | 0.16% | 82,809,764 | 48.65% | 1,079,124 |
13 | Re-appoint Auditors | 81,831,577 | 97.65% | 1,966,850 | 2.35% | 83,798,427 | 49.23% | 90,551 |
14 | Authorise Auditors' remuneration | 83,485,597 | 99.55% | 379,877 | 0.45% | 83,865,474 | 49.27% | 23,506 |
15 | Approve amendments to the 2014 Long Term Incentive Plan | 82,481,120 | 99.76% | 202,573 | 0.24% | 82,683,693 | 48.58% | 1,205,288 |
16 | Authority to allot shares | 83,306,102 | 99.38% | 520,161 | 0.62% | 83,826,263 | 49.25% | 62,716 |
17 | Disapplication of pre-emption rights | 79,458,664 | 94.79% | 4,365,407 | 5.21% | 83,824,071 | 49.25% | 64,908 |
18 | Authority to make market purchases of own shares | 82,290,196 | 98.11% | 1,582,652 | 1.89% | 83,872,848 | 49.28% | 16,131 |
19 | Adopt new Articles of Association | 82,238,621 | 99.81% | 155,210 | 0.19% | 82,393,831 | 48.41% | 1,495,148 |
20 | Short notice of general meetings | 81,680,283 | 97.40% | 2,179,497 | 2.60% | 83,859,780 | 49.27% | 29,194 |
Notes:
(i) Resolutions 1 to 16 were ordinary resolutions, requiring more than 50% of shareholder votes to be 'for' the resolutions.
(ii) Resolutions 17 to 20 were special resolutions, requiring not less than 75% of shareholder votes to be 'for' the resolutions.
(iii) Any proxy appointments which gave discretion to the Chairman have been included in the 'for' total.
(iv) A 'vote withheld' is not a vote in law and is not counted in the calculation of the proportion of the votes 'for' and 'against' a resolution.