Last checked at 23 May 2019 17:15
23 May 2019
SOCO International plc
('SOCO' or 'the Company')
RESULTS OF ANNUAL GENERAL MEETING
The Company announces that at its Annual General Meeting ("AGM") held today at the offices of Clifford Chance LLP, 10 Upper Bank Street, London E14 5JJ, all resolutions put before the meeting were duly passed.
In accordance with LR 9.6.2, copies of resolutions concerning items other than ordinary business are being submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.
On the date of the meeting, SOCO's issued share capital consisted of 406,637,952 ordinary shares of £0.05 each with voting rights; 9,122,268 shares were in Treasury and therefore, the total number of voting rights was 397,515,684.
Voting was conducted on a poll, the results of which are shown in the table below and will shortly be available on the Company's website, www.socointernational.com.
Resolution | Votes in Favour (Including Discretionary) |
% |
Votes Against |
% | Total Votes (excluding votes withheld) |
Votes Withheld |
1. To receive and adopt the Annual Report and Accounts for the financial year ended 31 December 2018. | 186,140,132 | 99.99% | 5,000 | 0.001% | 186,145,132 | 133,490 |
2. To declare a final dividend of 5.5p per share. | 186,278,622 | 100.00% | 0 | 0.00% | 186,278,622 | 0 |
3. To approve the Directors' Remuneration Report included in the Annual Report and Accounts for the financial year ended 31 December 2018. | 152,698,218 | 82.01% | 33,496,869 | 17.99% | 186,195,087 | 83,535 |
4. To reappoint Rui C de Sousa, who is Chair of the Nominations Committee, as a Director. | 178,508,655 | 95.86% | 7,703,603 | 4.14% | 186,212,258 | 66,364 |
5. To reappoint Edward T Story, who is a member of the Nominations Committee, as a Director. | 185,067,352 | 99.39% | 1,140,106 | 0.61% | 186,207,458 | 71,164 |
6. To reappoint Janice M Brown as a Director. | 184,964,666 | 99.33% | 1,242,792 | 0.67% | 186,207,458 | 71,164 |
7. To reappoint Dr Michael J Watts as a Director. | 185,311,433 | 99.53% | 884,046 | 0.47% | 186,195,479 | 83,143 |
8. To reappoint Robert G Gray, who is a member of the Audit and Risk, Remuneration and Nominations Committees, as a Director. | 171,702,144 | 92.20% | 14,533,280 | 7.80% | 186,235,424 | 43,198 |
9. To reappoint Ettore P M Contini as a Director. | 181,370,899 | 97.40% | 4,841,359 | 2.60% | 186,212,258 | 66,364 |
10. To reappoint John Martin, who is Chair of the Audit and Risk Committee and a member of the Remuneration and Nominations Committees, as a Director. | 181,013,098 | 97.20% | 5,218,326 | 2.80% | 186,231,424 | 47,198 |
11. To reappoint Marianne Daryabegui, who is a member of the Audit and Risk, Remuneration and Nominations Committees, as a Director. | 176,987,399 | 95.04% | 9,243,225 | 4.96% | 186,230,624 | 47,998 |
12. To reappoint Deloitte LLP as Auditors to hold office until the conclusion of the next Annual General Meeting at which accounts are laid before the Company. | 179,896,931 | 97.31% | 4,965,503 | 2.69% | 184,862,434 | 1,416,188 |
13. To authorise the Audit and Risk Committee, for and on behalf of the Directors, to agree the Auditors' remuneration. | 157,596,114 | 84.61% | 28,666,029 | 15.39% | 186,262,143 | 16,479 |
14. To authorise the Directors to allot securities (s.551 of the Companies Act 2006). | 185,739,389 | 99.72% | 514,567 | 0.28% | 186,253,956 | 24,666 |
15. To disapply pre-emption rights (s.570 and s.573 of the Companies Act 2006) | 182,779,101 | 98.15% | 3,450,603 | 1.85% | 186,229,704 | 48,918 |
16. To disapply pre-emption rights (s.570 and s.573 of the Companies Act 2006) up to a further 5% for acquisitions or specified capital investments. | 185,897,724 | 99.82% | 331,480 | 0.18% | 186,229,204 | 49,418 |
17. To authorise the Company to repurchase its own Shares (s.701 of the Companies Act 2006). | 186,139,436 | 99.95% | 97,945 | 0.05% | 186,237,381 | 41,241 |
18. To authorise the Directors to call general meetings of the Company (other than an annual general meeting) on not less than 14 clear days' notice. | 183,924,791 | 98.75% | 2,330,665 | 1.25% | 186,255,456 | 23,166 |