Last checked at 27 Jul 2021 16:40
27 July 2021
Mitie Group plc
LEI number: 213800MTCLTKEHWZMJ03
Result of AGM
At the Annual General Meeting ("AGM") of Mitie Group plc ("Mitie"), held on 27 July 2021, all the resolutions put to the meeting were passed. The details of the votes cast are shown in a table below. The full text of each of the resolutions is shown in the Notice of the AGM, which is available on our website at www.mitie.com. The total number of votes cast was 1,193,206,881 representing 83.61% of Mitie's issued share capital.
Copies of all special resolutions have been submitted to the UK Listing Authority and will shortly be made available for inspection on the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
AGM - Poll results
Resolution | Votes in favour (as % of votes cast) | Votes against (as % of votes cast) | Votes cast | Votes withheld | |||
1 | Annual report & accounts | 1,192,123,346 | 99.99 | 140,044 | 0.01 | 1,192,263,390 | 1,837,158 |
2 | Remuneration report | 950,902,380 | 79.72 | 241,951,492 | 20.28 | 1,192,853,872 | 1,246,676 |
3 | Remuneration policy | 835,733,689 | 70.07 | 356,926,639 | 29.93 | 1,192,660,328 | 1,440,220 |
4 | Re-election of Derek Mapp | 1,160,622,265 | 97.30 | 32,173,729 | 2.70 | 1,192,795,994 | 1,304,554 |
5 | Re-election of Phil Bentley | 1,192,318,372 | 99.96 | 454,829 | 0.04 | 1,192,773,201 | 1,327,347 |
6 | Election of Simon Kirkpatrick | 1,192,513,660 | 99.98 | 278,145 | 0.02 | 1,192,791,805 | 1,308,743 |
7 | Re-election of Nivedita Krishnamurthy Bhagat | 1,190,952,016 | 99.85 | 1,844,680 | 0.15 | 1,192,796,696 | 1,303,852 |
8 | Re-election Baroness Couttie | 1,190,893,149 | 99.84 | 1,872,466 | 0.16 | 1,192,765,615 | 1,334,933 |
9 | Re-election of Jennifer Duvalier | 1,108,798,079 | 92.96 | 83,999,872 | 7.04 | 1,192,797,951 | 1,302,597 |
10 | Re-election of Mary Reilly | 1,138,432,396 | 95.44 | 54,364,500 | 4.56 | 1,192,796,896 | 1,303,652 |
11 | Re-election of Roger Yates | 1,139,129,976 | 95.50 | 53,666,920 | 4.50 | 1,192,796,896 | 1,303,652 |
12 | Appointment of auditors | 1,180,805,574 | 98.96 | 12,401,307 | 1.04 | 1,193,206,881 | 893,667 |
13 | Auditors remuneration authority | 1,180,261,118 | 98.98 | 12,213,695 | 1.02 | 1,192,474,813 | 1,433,246 |
14 | Political donations | 1,172,786,842 | 98.29 | 20,418,011 | 1.71 | 1,193,204,853 | 895,695 |
15 | Authority to allot shares | 1,192,240,572 | 99.96 | 436,149 | 0.04 | 1,192,676,721 | 1,231,338 |
16 | Disapplication of pre-emption rights (General) | 1,192,154,125 | 99.97 | 314,699 | 0.03 | 1,192,468,824 | 1,439,235 |
17 | Disapply pre-emption rights (Additional) | 929,189,227 | 77.92 | 263,279,497 | 22.08 | 1,192,468,724 | 1,439,335 |
18 | Market purchase of own shares | 1,192,325,233 | 99.98 | 235,313 | 0.02 | 1,192,560,546 | 1,347,513 |
19 | Approval of the Enhanced Delivery Plan | 835,156,829 | 70.01 | 357,831,572 | 29.99 | 1,192,988,401 | 1,112,147 |
20 | Approval of the LTIP | 1,180,048,954 | 98.93 | 12,823,374 | 1.07 | 1,192,872,328 | 1,228,220 |
21 | Approval of the SAYE | 1,191,916,732 | 99.95 | 554,704 | 0.05 | 1,192,471,436 | 1,436,623 |
22 | Approval of the SIP | 1,192,179,883 | 99.96 | 490,019 | 0.04 | 1,192,669,902 | 1,238,157 |
23 | Articles of Association | 1,192,314,093 | 99.99 | 153,000 | 0.01 | 1,192,467,093 | 1,440,966 |
24 | Short notice of meetings | 1,059,355,613 | 88.80 | 133,668,045 | 11.20 | 1,193,023,658 | 884,401 |
The Board notes that Resolutions to approve the Directors' Remuneration Report, Directors' Remuneration Policy, the Additional Authority to disapply pre-emption rights for the purposes of acquisitions and capital investments and approval of the Mitie Group plc Enhanced Delivery Plan ("EDP") were passed with support of approximately 70-80% of the votes cast. The Board appreciated the level of engagement with many shareholders ahead of the AGM in relation to remuneration matters (including the design of the EDP), and will continue its dialogue with shareholders on remuneration matters going forward.
Note:
The total number of ordinary shares in issue as at today's date is 1,427,151,118 of which 1,583,794 are held in treasury. Therefore, the total number of voting rights in the Company is currently 1,425,567,324.
-Ends-
For further information, contact:
Claire Lovegrove
Head of Media Relations | M: +44 (0)790 027 6400 | E: claire.lovegrove@mitie.com |
Fiona Lawrence
Group IR Director | M: +44 (0)7808 727 500 | E: fiona.lawrenceIR@mitie.com |
Peter Dickinson
Chief of Staff and General Counsel | M: +44 (0)776 821 5013 | E: peter.dickinson@mitie.com |
Notes for editors
About Mitie
Founded in 1987, Mitie is the UK's leading facilities management (FM) company. We offer a range of services to Central Government and Defence, Communities (Healthcare, Education and Local Authorities); and Technical Services (Engineering Services, Energy, Water and Real Estate Services) and Business Services (Security, Cleaning and Office Services) to Private Sector clients in Financial Services, Manufacturing, Transport, Retail and Telecoms; and Specialist Services (Care & Custody, Landscapes and Waste Management).
Mitie, which acquired Interserve's FM business in December 2020, employs 77,500 people and is the champion of the 'Front-Line Heroes' who have kept Britain running during the COVID-19 pandemic. We take care of our customers' people and buildings, by delivering essential services and deploying industry leading technology to create safe and effective workspaces.
The business continues to execute its technology-led strategy and in the past six months has received multiple awards.
Find out more at www.mitie.com.