7 Sep 2016 16:21
7 September 2016
Poundland Group plc
Voting results of the Annual General Meeting held on 7 September 2016
Poundland Group plc ("Poundland") announces that its annual general meeting (the "AGM"), held today at Wellmans Road, Willenhall, West Midlands WV13 2QT, was successfully concluded. Resolutions 1 to 14 and 17 to 18 (inclusive) were approved by Poundland shareholders and resolutions 15 and 16 were not approved.
The total number of ordinary shares in the capital in Poundland in issue at the record time for the AGM was 268,701,797. Consequently, the total voting rights in Poundland at the record time for the AGM were 268,701,797.
The table below sets out the results of the poll at the AGM. Each holder of Poundland shares, present in person or by proxy, was entitled to one vote per Poundland share held at the record time for the AGM.
Resolutions 15 to 18 were proposed as special resolutions. Full details of the resolutions are set out in the notice of the AGM published on 3 August 2016 which is available on Poundland's website at www.poundlandcorporate.com.
| Resolution | FOR* | AGAINST | TOTAL | WITHHELD** | |||
No. of Votes | % Votes | No. of Votes | % Votes | No. of Votes | % of ISC voted | No. of Votes | ||
1. | Annual Report and Accounts | 222,858,144
| 100.00
| 11,103
| 0.00 | 222,869,247
| 82.94% | 2,821 |
2. | Directors Remuneration Report | 217,647,557 | 97.68 | 5,171,825 | 2.32 | 222,819,382 | 82.92% | 52,685 |
3. | Final Dividend | 222,831,188 | 99.98 | 40,870 | 0.02 | 222,872,058 | 82.94% | 10 |
4. | Re-appoint KPMG as auditors | 222,190,034 | 99.70 | 678,024 | 0.30 | 222,868,058 | 82.94 | 4,010 |
5. | Remuneration of auditor | 222,385,063 | 99.78 | 485,995 | 0.22 | 222,871,058 | 82.94% | 1,010 |
6. | Elect Kevin O'Byrne | 128,172,008 | 81.88 | 28,364,270 | 18.12 | 156,536,278 | 58.26% | 66,335,790 |
7. | Re-elect Nicholas Hateley | 128,001,480 | 81.77 | 28,534,798 | 18.23 | 156,536,278 | 58.26% | 66,335,790 |
8. | Re-elect Darren Shapland | 127,282,103 | 81.31 | 29,254,175 | 18.69 | 156,536,278 | 58.26% | 66,335,790 |
9. | Re-elect Teresa Colaianni | 128,010,608 | 81.78 | 28,525,670 | 18.22 | 156,536,278 | 58.26% | 66,335,790 |
10. | Re-elect Grant Hearn | 128,009,502 | 81.78 | 28,526,776 | 18.22 | 156,536,278 | 58.26% | 66,335,790 |
11. | Re-elect Miles Roberts | 126,389,107 | 81.58 | 28,543,229 | 18.42 | 154,932,336 | 57.66% | 66,451,216 |
12. | Re-elect Timothy Jones | 127,842,110 | 81.73 | 28,578,742 | 18.27 | 156,420,852 | 58.21% | 66,451,216 |
13. | Re-elect Mary Barnard | 128,034,118 | 81.79 | 28,502,160 | 18.21 | 156,536,278 | 58.26% | 66,335,790 |
14. | Authority to allot shares | 156,297,963 | 70.13 | 66,572,895 | 29.87 | 222,870,858 | 82.94% | 1,210 |
15. | Disapplication of pre-emption rights | 156,501,557 | 70.22 | 66,370,501 | 29.78 | 222,872,058 | 82.94% | 10 |
16. | Additional disapplication of pre-emption rights in line with the recommendations of the Pre-Emption Group | 156,253,380 | 70.11 | 66,617,428 | 29.89 | 222,870,808 | 82.94% | 1,260 |
17. | Authority to make market purchases | 222,606,655 | 99.88 | 264,203 | 0.12 | 222,870,858 | 82.94% | 1,210 |
18. | Notice of general meetings | 219,551,607 | 98.51 | 3,316,200 | 1.49 | 222,867,807 | 82.94% | 4,260 |
* Includes discretionary votes
** A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes 'For' or 'Against' the relevant resolution.
Enquiries: |
Jinder Jhuti
Company Secretary & General Counsel
0121 568 7000