Last checked at 24 May 2023 14:48
National World plc
Result of Annual General Meeting and Dividend Declaration
The Annual General Meeting of National World plc was held via videoconference on 24 May 2023 at 11.00 a.m.
All 12 resolutions put to members were passed on a poll. Resolutions 1 to 11 were passed as ordinary resolutions and resolution 12 was passed as a special resolution.
The number of votes lodged by proxy for and against each of the resolutions proposed, and the number of votes withheld was as follows:
Resolution | Votes for | % | Votes against | % | Votes withheld |
Resolution 1 (Ordinary) To receive the Annual Report and Accounts for the 52 weeks ending 31 December 2022. | 125,219,488 | 100.00 | 0 | 0.00 | 0 |
Resolution 2 (Ordinary) To approve the directors' remuneration report contained on pages 50 to 65 of the Annual Report. | 123,601,237 | 98.71 | 12,250 | 0.01 | 1,606,001 |
Resolution 3 (Ordinary) To declare a final dividend of 0.5p per ordinary share which will be paid on 5 July 2023 to all Shareholders who are on the register of members of the Company on 2 June 2023. | 125,217,238 | 100.00 | 0 | 0.00 | 2,250 |
Resolution 4 (Ordinary) To reappoint Mr. David Montgomery as a director. | 125,219,488 | 100.00 | 0 | 0.00 | 0 |
Resolution 5 (Ordinary) To reappoint Mr. Mark Hollinshead as a director. | 125,219,488 | 100.00 | 0 | 0.00 | 0 |
Resolution 6 (Ordinary) To reappoint Mr. John Rowe as a director. | 125,217,238 | 100.00 | 2,250 | 0.00 | 0 |
Resolution 7 (Ordinary) To reappoint Mr. Daniel Cammiade as a director. | 125,217,238 | 100.00 | 0 | 0.00 | 2,250 |
Resolution 8 (Ordinary) To reappoint Mr. David Fordham as a director. | 73,216,813 | 58.47 | 2,250 | 0.00 | 52,000,425 |
Resolution 9 (Ordinary) To appoint Mr. David Lindsay as a director. | 125,217,238 | 100.00 | 0 | 0.00 | 2,250 |
Resolution 10 (Ordinary) To reappoint Crowe U.K. LLP as auditors from the conclusion of the AGM until the conclusion of the next general meeting before which accounts are laid and to authorise the directors to fix the auditors' remuneration. | 125,217,238 | 100.00 | 0 | 0.00 | 2,250 |
Resolution 11 (Ordinary) To authorise the Directors to allot relevant securities pursuant to section 551 of the Companies Act 2006, as set out in the Notice of the Meeting. | 123,611,237 | 98.72 | 1,606,001 | 1.28 | 2,250 |
Resolution 12 (Special) To authorise the limited disapplication of pre-emption rights pursuant to section 570 of the Companies Act 2006 as set out in the Notice of the Meeting. | 112,866,589 | 90.14 | 12,352,899 | 9.86 | 0 |
As above Resolution 3 for a final dividend of 0.5p per ordinary share has been passed by Shareholders, this will be paid on 5 July 2023 to all Shareholders who are on the register of members of the Company on 2 June 2023. The ex-dividend date for these purposes is 1 June 2023.
As at 23 May 2023, there were 267,663,987 ordinary shares in issue. Shareholders are entitled to one vote per share. Votes withheld are not votes in law and so have not been included in the calculation of the proportion of votes for and against a resolution.
In accordance with Listing Rule 14.3.6 of the UK Financial Conduct Authority ("FCA"), a copy of the resolutions passed at the Annual General Meeting has been submitted to the FCA via the National Storage Mechanism and will shortly be available to the public for inspection at: https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism.