Last checked at 21 Jan 2014 16:16
Result of AGM
21 January 2014
Marston's PLC (the "Company") is pleased to announce that, at its Annual General Meeting held on 21 January 2014, all the resolutions proposed in the Notice of Meeting were passed on a show of hands. Full details of the proxy votes received from shareholders prior to the meeting 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 www.hemscott.com/nsm.do
Resolution | Votes for | % of vote | Votes against | % of vote | Votes withheld |
1) Annual Report and Accounts | 100,216,524 | 100.00% | 258 | 0.00% | 9,295 |
2) Declare dividend | 100,216,850 | 100.00% | 336 | 0.00% | 8,893 |
3) Elect Roger Devlin | 99,860,327 | 99.66% | 340,408 | 0.34% | 25,344 |
4) Re-elect Andrew Andrea | 100,008,442 | 99.81% | 193,988 | 0.19% | 23,647 |
5) Re-elect Nicholas Backhouse | 99,322,919 | 99.71% | 291,453 | 0.29% | 611,706 |
6) Re-elect Rosalind Cuschieri | 99,994,600 | 99.80% | 207,432 | 0.21% | 24,046 |
7) Re-elect Peter Dalzell | 100,007,550 | 99.81% | 194,659 | 0.19% | 23,677 |
8) Re-elect Ralph Findlay | 96,767,356 | 98.04% | 1,935,939 | 1.96% | 1,522,591 |
9) Re-elect Neil Goulden | 99,997,403 | 99.80% | 201,143 | 0.20% | 27,341 |
10) Re-elect Robin Rowland | 99,999,407 | 99.80% | 200,336 | 0.20% | 26,143 |
11) Re-appoint Auditors | 99,090,160 | 99.47% | 527,599 | 0.53% | 608,319 |
12) Authorise Auditors' remuneration | 99,789,468 | 99.58% | 419,277 | 0.42% | 17,333 |
13) Approve the Annual Report on Remuneration | 97,393,542 | 99.78% | 215,742 | 0.22% | 2,616,794 |
14) Approve the Directors' Remuneration Policy | 94,611,659 | 97.34% | 2,588,801 | 2.66% | 3,025,426 |
15) Approve the new Long Term Incentive Plan | 96,477,659 | 97.37% | 2,612,992 | 2.64% | 1,135,427 |
16) Authority to allot shares | 99,889,009 | 99.71% | 280,614 | 0.28% | 56,454 |
17) Disapplication of pre-emption rights | 99,794,786 | 99.64% | 362,269 | 0.36% | 69,022 |
18) Authority to purchase of own shares | 100,067,203 | 99.87% | 134,766 | 0.13% | 24,109 |
19) Short notice of general meetings | 94,784,899 | 94.58% | 5,429,669 | 5.42% | 11,510 |
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 19 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.