Last checked at 24 Jul 2019 12:11
QINETIQ GROUP PLC
24 July 2019
QINETIQ GROUP PLC
(i) Results of Annual General Meeting held on 24 July 2019; and
(ii) Change of Chairman of the Board and of the Nominations Committee
Poll Results of Annual General Meeting
QinetiQ Group plc ('QinetiQ') announces that all resolutions proposed at its Annual General Meeting ('AGM') held on 24 July 2019 were duly passed with the requisite majorities and the results of the poll are as follows:
|
| VOTES FOR | % | VOTES AGAINST | % | TOTAL VOTES VALIDLY CAST | % OF SHARE CAPITAL WITH VOTING RIGHTS | VOTES WITHHELD |
1 | To receive the Report and Accounts | 449,862,435 | 99.86 | 611,219 | 0.14 | 450,473,654 | 79.31% | 3,910,199 |
2 | To approve the Directors' Remuneration Report | 398,773,134 | 88.27 | 53,016,701 | 11.73 | 451,789,835 | 79.55% | 2,594,018 |
3 | To declare a final dividend | 454,344,839 | 99.99 | 33,228 | 0.01 | 454,378,067 | 80.00% | 5,786 |
4 | To re-elect Lynn Brubaker | 452,096,406 | 99.51 | 2,245,049 | 0.49 | 454,341,455 | 79.99% | 42,398 |
5 | To re-elect James Burnell-Nugent | 448,981,212 | 98.93 | 4,849,054 | 1.07 | 453,830,266 | 79.90% | 553,587 |
6 | To re-elect Michael Harper | 447,719,338 | 98.71 | 5,859,278 | 1.29 | 453,578,616 | 79.86% | 805,237 |
7 | To elect Neil Johnson | 381,996,841 | 97.31 | 10,561,162 | 2.69 | 392,558,003 | 69.12% | 61,825,850 |
8 | To re-elect Ian Mason | 450,980,143 | 99.26 | 3,359,851 | 0.74 | 454,339,994 | 79.99% | 43,859 |
9 | To re-elect Paul Murray | 450,904,984 | 99.24 | 3,436,124 | 0.76 | 454,341,108 | 79.99% | 42,745 |
10 | To re-elect Susan Searle | 383,043,810 | 84.70 | 69,175,003 | 15.30 | 452,218,813 | 79.62% | 2,165,040 |
11 | To re-elect David Smith | 450,579,333 | 99.17 | 3,762,175 | 0.83 | 454,341,508 | 80.00% | 42,345 |
12 | To re-elect Steve Wadey | 449,884,774 | 99.02 | 4,470,183 | 0.98 | 454,354,957 | 80.00% | 28,896 |
13 | To re-appoint Pricewaterhouse-Coopers LLP as auditor | 454,074,867 | 99.94 | 269,457 | 0.06 | 454,344,324 | 80.00% | 39,529 |
14 | To authorise the Audit Committee to determine the auditor's remuneration | 454,211,175 | 99.97 | 146,821 | 0.03 | 454,357,996 | 80.00% | 25,857 |
15 | To authorise the Company and its subsidiaries to make political donations | 426,575,599 | 93.90 | 27,699,591 | 6.10 | 454,275,190 | 79.98% | 113,906 |
16 | To authorise the Directors to allot shares | 431,166,947 | 94.90 | 23,185,447 | 5.10 | 454,352,394 | 80.00% | 31,459 |
17 | To disapply pre-emption rights (standard)* | 442,359,676 | 97.36 | 11,974,602 | 2.64 | 454,334,278 | 79.99% | 52,575 |
18 | To disapply pre-emption rights (acquisitions)* | 419,192,152 | 92.26 | 35,143,113 | 7.74 | 454,335,265 | 79.99% | 51,588 |
19 | To purchase own shares* | 444,801,258 | 98.51 | 6,739,853 | 1.49 | 451,541,111 | 79.50% | 2,842,742 |
20 | To call general meetings on not less than 14 clear days' notice* | 439,679,532 | 96.77 | 14,670,114 | 3.23 | 454,349,646 | 80.00% | 34,207 |
21 | To adopt new Articles of Association* | 454,158,327 | 99.98 | 103,191 | 0.02 | 454,261,518 | 79.98% | 122,335 |
*Special Resolution
Change of the Chairman of the Board and of the Nominations Committee
The Board is pleased to announce that with effect from the conclusion of the AGM held on 24 July 2019, Neil Johnson has commenced his role as Chairman of the Board and also the Chairman of the Nominations Committee. In addition, as per best practice and in accordance with Provision C.3.1 of the 2016 Corporate Governance Code, Neil has today stepped down as a member of the Audit Committee.
As announced on 21 March 2019, Mark Elliott retired as Chairman and from the QinetiQ Board at the conclusion of today's AGM.
Notes:
1. The percentages above are rounded to two decimal places.
2. Votes "for" include discretionary votes.
3. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "for" and "against" a resolution.
4. The number of ordinary shares in issue at 11.00 am on 22 July 2019 was 571,757,121 of which 3,794,743 are held in treasury. Therefore the number of ordinary shares with voting rights at 11:00am on 24 July 2019 was 567,962,378.
In accordance with Listing Rule 9.6.2R, a copy of the resolutions, other than those concerning ordinary business, passed by the Company at the AGM held on 24 July 2019, has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.
Enquiries:
Company Secretary: | Jon Messent, QinetiQ | +44 (0)1252 392000 |
Investor Relations: | David Bishop, QinetiQ | +44 (0)7920 108675 |
| Ian Brown, QinetiQ | +44 (0)7908 251123 |
QinetiQ press office: +44 (0) 1252 393500