10 May 2017 17:45
NATIONAL EXPRESS GROUP PLC
(the "Company")
RESULTS OF ANNUAL GENERAL MEETING
The Company is pleased to announce the voting results of its Annual General Meeting ("AGM" or "Meeting") held earlier today at the International Convention Centre, Broad Street, Birmingham B1 2EA.
All resolutions, as set out in the Notice of Meeting, were passed with the requisite majority by means of a poll. Resolutions 1 to 18 were each passed as an Ordinary Resolution (requiring a simple majority for them to be passed) and resolutions 19 to 22 were each passed as a Special Resolution (requiring at least a 75% majority for them to be passed). The results of the poll on each resolution are set out below.
RESOLUTION |
TOTAL VOTES FOR 1 AND AGAINST
|
VOTES FOR 1 |
% FOR 1 |
VOTES AGAINST
|
VOTES WITHHELD 2 |
To receive and adopt the accounts of the Company for the year ended 31 December 2016 and the Directors' and Auditors' Reports thereon | 416,118,497 | 416,103,514 | 100.00 | 14,983 | 2,663,572 |
2. To approve the Annual Report on Remuneration (advisory vote only) | 418,694,200 | 356,199,761 | 85.07 | 62,494,439 | 87,867 |
3. To declare a final dividend of 8.41 pence per ordinary share | 418,767,017 | 418,743,903 | 99.99 | 23,114 | 12,495 |
4. To re-elect Sir John Armitt as a Director | 414,679,684 | 412,331,089 | 99.43 | 2,348,595 | 4,099,826 |
5. To re-elect Matthew Ashley as a Director | 418,751,714 | 417,721,696 | 99.75 | 1,030,018 | 30,355 |
6. To re-elect Joaquin Ayuso as a Director | 418,742,270 | 416,476,127 | 99.46 | 2,266,143 | 39,299 |
7. To re-elect Jorge Cosmen as a Director | 418,727,587 | 415,174,314 | 99.15 | 3,553,273 | 29,782 |
8. To re-elect Matthew Crummack as a Director | 418,735,287 | 418,147,957 | 99.86 | 587,330 | 44,225 |
9. To re-elect Dean Finch as a Director | 418,633,411 | 417,598,000 | 99.75 | 1,035,411 | 35,381 |
10. To re-elect Jane Kingston as a Director | 418,726,152 | 417,835,110 | 99.79 | 891,042 | 42,179 |
11. To re-elect Mike McKeon as a Director | 418,700,116 | 418,153,092 | 99.87 | 547,024 | 53,753 |
12. To re-elect Chris Muntwyler as a Director | 418,703,546 | 418,079,514 | 99.85 | 624,032 | 49,844 |
13. To re-elect Elliot (Lee) Sander as a Director | 418,707,552 | 418,138,876 | 99.86 | 568,676 | 57,519 |
14. To re-elect Dr Ashley Steel as a Director | 418,729,585 | 418,189,965 | 99.87 | 539,620 | 35,486 |
15. To re-appoint Deloitte LLP as the Company's auditor | 411,427,923 | 411,339,211 | 99.98 | 88,712 | 7,351,588 |
16. To authorise the Directors to agree and set the auditor's remuneration | 416,142,129 | 416,032,004 | 99.97 | 110,125 | 2,626,202 |
17. Authority to allot shares | 418,745,599 | 407,926,143 | 97.42 | 10,819,456 | 33,413 |
18. Authority to make political donations | 418,687,950 | 416,723,473 | 99.53 | 1,964,477 | 86,866 |
19. Power to disapply pre-emption rights (general) 3 | 409,999,716 | 409,672,164 | 99.92 | 327,552 | 8,779,780 |
20. Power to disapply pre-emption rights (specific) 3 | 409,977,746 | 360,365,785 | 87.90 | 49,611,961 | 8,803,806 |
21. Authority to purchase own shares 3 | 418,514,037 | 413,171,122 | 98.72 | 5,342,915 | 257,217 |
22. Notice of general meetings 3 | 418,747,247 | 407,375,597 | 97.28 | 11,371,650 | 21,467 |
¹ Includes discretionary votes
² A vote Withheld is not a vote in law and is not counted in the calculation of votes For or Against the resolutions
³ Indicates Special Resolution
The number of shares in issue and eligible to vote at the meeting was 511,738,648 ordinary shares of 5 pence each. Each shareholder, present in person or by proxy, was entitled to one vote per share held. The total number of votes cast (i.e. For, Against and Withheld) was 418,782,453 ordinary shares representing a 81.84% turnout.
In accordance with Listing Rule 9.6.2R, copies of the resolutions passed as special business will shortly be available for inspection on the National Storage Mechanism at http://www.morningstar.co.uk/uk/nsm.
The voting results shown above are also available on the Company's website at www.nationalexpressgroup.com.
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Company contact:
Michael Arnaouti
Company Secretary
Telephone +44 (0)0207 805 3807