Last checked at 24 May 2023 12:45
M&G plc NEWS RELEASE
24 May 2023
M&G plc
ANNUAL GENERAL MEETING 2023 RESULTS
M&G plc (the 'Company') announces that Resolutions 1 to 17 (inclusive) being ordinary resolutions and Resolutions 18 to 21 (inclusive) being special resolutions, which were put to the Annual General Meeting of the Company held on 24 May 2023 at 10:00 ('AGM'), were duly passed and the results of the poll are as follows:
RESOLUTION | VOTES FOR (including discretionary) | VOTES AGAINST | TOTAL VOTES CAST | VOTES WITHHELD | |||
Number of votes
| % of votes
| Number of votes | % of votes | Total number of votes cast
| % of voting share capital
|
| |
1. Report and Accounts | 1,640,731,756 | 99.99 | 86,650 | 0.01 | 1,640,818,406 | 69.51% | 970,247 |
2. Directors' Remuneration Policy | 1,368,489,460 | 96.46 | 50,232,635 | 3.54 | 1,418,722,095 | 60.10% | 223,066,558 |
3. Directors' Remuneration | 1,398,832,259 | 98.60 | 19,904,706 | 1.40 | 1,418,736,965 | 60.10% | 223,051,688 |
4. To elect (Paolo) Andrea Rossi | 1,640,684,461 | 99.95 | 863,141 | 0.05 | 1,641,547,602 | 69.54% | 241,051 |
5. To re-elect Clive Adamson | 1,622,190,819 | 98.85 | 18,832,657 | 1.15 | 1,641,023,476 | 69.52% | 765,177 |
6. To re-elect Edward Braham | 1,609,578,156 | 98.07 | 31,727,399 | 1.93 | 1,641,305,555 | 69.53% | 476,412 |
7. To re-elect Clare Chapman | 1,393,786,693 | 98.00 | 28,379,309 | 2.00 | 1,422,166,002 | 60.25% | 219,615,965 |
8. [To re-elect Fiona Clutterbuck]* | WITHDRAWN | WITHDRAWN | WITHDRAWN | ||||
9. To elect Kathryn McLeland | 1,639,872,775 | 99.92 | 1,351,218 | 0.08 | 1,641,223,993 | 69.52% | 557,974 |
10. To elect Debasish (Dev) Sanyal | 1,640,583,511 | 99.96 | 627,211 | 0.04 | 1,641,210,722 | 69.52% | 571,245 |
11. To re-elect Clare Thompson | 1,403,233,868 | 98.68 | 18,723,723 | 1.32 | 1,421,957,591 | 60.24% | 219,824,376 |
12. To re-elect Massimo Tosato | 1,421,146,297 | 99.93 | 1,012,584 | 0.07 | 1,422,158,881 | 60.24% | 219,623,086 |
13. To re-appoint PricewaterhouseCoopers as the auditor of the Company | 1,634,746,714 | 99.58 | 6,862,132 | 0.42 | 1,641,608,846 | 69.54% | 166,784 |
14. Auditor's remuneration | 1,641,262,468 | 99.98 | 327,804 | 0.02 | 1,641,590,272 | 69.54% | 191,695 |
15. Political donations | 1,630,793,971 | 99.34 | 10,795,067 | 0.66 | 1,641,589,038 | 69.54% | 192,929 |
16. Authority to allot shares | 1,397,597,354 | 85.14 | 243,971,104 | 14.86 | 1,641,568,458 | 69.54% | 213,509 |
17. Authority to allot Mandatory Convertible Securities ("MCS") | 1,402,657,525 | 85.46 | 238,569,274 | 14.54 | 1,641,226,799 | 69.52% | 555,168 |
18. Authority to disapply pre-emption rights for ordinary shares | 1,413,323,963 | 86.45 | 221,459,969 | 13.55 | 1,634,783,932 | 69.25% | 6,989,084 |
19. Authority to disapply pre-emption rights for MCS issuances | 1,401,756,075 | 85.41 | 239,467,263 | 14.59 | 1,641,223,338 | 69.52% | 558,634 |
20. Authority to purchase own shares | 1,415,456,176 | 86.23 | 226,077,315 | 13.77 | 1,641,533,491 | 69.54% | 248,476 |
21. Notice of general meetings | 1,591,746,964 | 96.96 | 49,880,201 | 3.04 | 1,641,627,165 | 69.54% | 154,552 |
* As announced by RNS on 21 April 2023, the Company confirms that the resolution to re-elect Fiona Clutterbuck as a Director of the Company (Resolution 8 of the Notice) is now withdrawn. The withdrawal of Resolution 8 did not otherwise affect the validity of the Notice, the proxy form or any proxy votes already submitted on other resolutions. The numbering of all other proposed resolutions at the Annual General Meeting remained unchanged.
There were no restrictions on shareholders to cast votes on any of the resolutions proposed at the AGM. Votes withheld are not votes in law and therefore have not been counted in the calculation of the proportion of the votes for and against a resolution.
As at 18:30 (UK time) on 23 May 2023, the number of voting shares of the Company was 2,360,631,744 ordinary shares, which was the total number of shares entitling the holders to attend and vote 'for' or 'against' all the resolutions at the AGM. In accordance with the Company's Articles of Association, on a poll, every member present in person or by proxy has one vote for every share held.
Contact:
Alan Porter, Group General Counsel and Company Secretary - 020 8162 4064
George Bayer, Deputy Company Secretary - PLC & Governance - 020 8162 2655
LEI: 254900TWUJUQ44TQJY84
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