23 Jun 2015 17:37
The Royal Bank of Scotland Group plc - Result of Annual General Meeting
23 June 2015
Following the Annual General Meeting held today, The Royal Bank of Scotland Group plc announces the results of the poll vote for each resolution as follows. Resolutions 17, 19, 21 and 23 were passed as special resolutions.
For | % of votes cast | Against | % of votes cast | Total votes cast as % of Voting Share Capital | Withheld * | |
Resolution 1 To receive the accounts for the year ended 31 December 2014 and the reports of the directors and auditors thereon | 21,952,310,400
| 99.83 | 37,640,156 | 0.17 | 84.97 | 29,513,112 |
Resolution 2 To approve the Annual Report on Remuneration in the Directors' Remuneration Report | 21,832,926,636 | 99.32 | 149,116,116 | 0.68 | 84.94 | 37,397,980 |
Resolution 3 To re-elect Philip Hampton as a director | 21,944,429,688 | 99.79 | 45,155,432 | 0.21 | 84.96 | 29,900,224 |
Resolution 4 To re-elect Ross McEwan as a director | 21,975,224,836 | 99.93 | 14,321,144 | 0.07 | 84.96 | 29,865,432 |
Resolution 5 To re-elect Ewen Stevenson as a director | 21,975,272,940 | 99.94 | 14,277,636 | 0.06 | 84.96 | 29,927,536 |
Resolution 6 To re-elect Sandy Crombie as a director | 21,961,187,972 | 99.87 | 28,432,084 | 0.13 | 84.97 | 29,869,496 |
Approval of Sandy Crombie's re-election by independent shareholders only | 6,103,253,896 | 99.54 | 28,432,084 | 0.46 | 61.18 | 29,869,496 |
Resolution 7 To re-elect Alison Davis as a director | 21,958,958,200 | 99.86 | 30,366,780 | 0.14 | 84.96 | 29,944,620 |
Approval of Alison Davis's re-election by independent shareholders only | 6,101,024,124 | 99.50 | 30,366,780 | 0.50 | 61.17 | 29,944,620 |
Resolution 8 To elect Howard Davies as a director | Withdrawn | |||||
Approval of Howard Davies's election by independent shareholders only | Withdrawn | |||||
Resolution 9 To re-elect Morten Friis as a director | 21,974,491,056 | 99.93 | 14,743,624 | 0.07 | 84.96 | 29,988,660 |
Approval of Morten Friis's re-election by independent shareholders only | 6,116,556,980 | 99.76 | 14,743,624 | 0.24 | 61.17 | 29,988,660 |
Resolution 10 To re-elect Robert Gillespie as a director | 21,973,458,672 | 99.93 | 15,789,744 | 0.07 | 84.96 | 30,015,868 |
Approval of Robert Gillespie's re-election by independent shareholders only | 6,115,524,596 | 99.74 | 15,789,744 | 0.26 | 61.17 | 30,015,868 |
Resolution 11 To re-elect Penny Hughes as a director | 21,961,355,332 | 99.87 | 28,004,888 | 0.13 | 84.96 | 29,911,232 |
Approval of Penny Hughes' re-election by independent shareholders only | 6,103,421,256 | 99.54 | 28,004,888 | 0.46 | 61.17 | 29,911,232 |
Resolution 12 To re-elect Brendan Nelson as a director | 21,961,323,984 | 99.87 | 27,936,740 | 0.13 | 84.96 | 30,020,460 |
Approval of Brendan Nelson's re-election by independent shareholders only | 6,103,389,908 | 99.54 | 27,936,740 | 0.46 | 61.17 | 30,020,460 |
Resolution 13 To re-elect Baroness Noakes as a director | 21,960,509,264 | 99.87 | 28,861,372 | 0.13 | 84.96 | 29,886,664 |
Approval of Baroness Noakes's re-election by independent shareholders only | 6,102,575,188 | 99.53 | 28,861,372 | 0.47 | 61.17 | 29,886,664 |
Resolution 14 To re-appoint Deloitte LLP as auditors | 21,928,694,540 | 99.72 | 61,148,384 | 0.28 | 84.97 | 29,619,680 |
Resolution 15 To authorise the Group Audit Committee to fix the remuneration of the auditors | 21,986,050,880 | 99.98 | 3,766,968 | 0.02 | 84.97 | 29,668,504 |
Resolution 16 To renew the directors' authority to allot securities | 21,747,723,776 | 98.90 | 241,772,028 | 1.10 | 84.96 | 29,987,824 |
Resolution 17 To renew the directors' authority to allot equity shares on a non pre-emptive basis | 21,977,143,536 | 99.94 | 12,556,832 | 0.06 | 84.97 | 29,724,228 |
Resolution 18 To authorise the directors to allot ordinary shares in the company or grant rights to subscribe for or to convert any security into ordinary shares in connection with the issue of Equity Convertible Notes | 21,805,905,500 | 99.17 | 183,284,300 | 0.83 | 84.96 | 30,058,124 |
Resolution 19 To authorise the directors to allot equity securities on a non pre-emptive basis in connection with the issue of Equity Convertible Notes | 21,590,138,112 | 98.18 | 399,194,200 | 1.82 | 84.96 | 30,149,476 |
Resolution 20 To authorise the directors' to allot preference shares | 21,959,434,520 | 99.86 | 30,006,880 | 0.14 | 84.96 | 30,046,948 |
Resolution 21 To permit the holding of General Meetings at 14 days' notice | 21,475,120,164 | 97.67 | 512,129,832 | 2.33 | 84.96 | 32,228,840 |
Resolution 22 To authorise political donations and expenditure by the Group in terms of Section 366 of the Companies Act 2006 | 21,615,296,080 | 98.30 | 373,364,040 | 1.70 | 84.96 | 30,555,280 |
Resolution 23 To authorise market purchases of ordinary shares | 21,981,110,676 | 99.96 | 8,723,824 | 0.04 | 84.97 | 29,604,880 |
Resolution 24 To approve the performance of the Resale Rights Agreement and the Registration Rights Agreement | 6,100,652,444 | 99.90 | 5,850,072 | 0.10 | 60.93 | 54,812,424 |
* 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.
In accordance with the UK Listing Authority's listing rules, copies of resolutions that do not constitute ordinary business at an annual general meeting will shortly be available for inspection at the National Storage Mechanism which is located at: www.Hemscott.com/nsm.do
As at 19 June 2015 (being the latest date by which shareholders who wanted to vote at the Annual General Meeting must have been entered on the company's Register of Members) the total number of voting rights in the company as at 19 June 2014 was 25,880,796,108.
In relation to Resolution 24, on which HM Treasury were not permitted to vote, the total voting rights as at 19 June 2015 was 10,022,862,032.
Contact
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