Last checked at 3 May 2023 14:00
3 May 2023
Reach plc
Results of Annual General Meeting ("AGM")
In accordance with the arrangements announced on 31 March 2023, the AGM of Reach plc (the "Company") was held today at 11:00am at Numis' Offices, 45 Gresham St, London, EC2V 7BF.
All valid proxy votes (whether submitted electronically or in hard copy form) were included in the poll taken at the meeting. Save for resolution 7, which was not put to the meeting, resolutions 1 to 16 and 20 were passed as ordinary resolutions and resolutions 17 to 19 and 21 were passed as special resolutions. The results of the poll are set out below.
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| VOTESFOR | % | VOTESAGAINST | % | VOTESCAST | % of ISC VOTED | VOTESWITHHELD |
1 | Annual Report and Accounts | 234,551,914 | 99.94 | 136,583 | 0.06 | 234,688,497 | 73.93% | 234,551 |
2 | Remuneration Report | 212,391,939 | 90.45 | 22,430,699 | 9.55 | 234,822,638 | 73.98% | 100,410 |
3 | Dividend | 234,827,832 | 99.99 | 24,289 | 0.01 | 234,852,121 | 73.99% | 70,927 |
4 | Re-elect Nick Prettejohn | 232,274,777 | 98.92 | 2,524,418 | 1.08 | 234,799,195 | 73.97% | 123,853 |
5 | Re-elect Jim Mullen | 220,909,267 | 94.07 | 13,928,385 | 5.93 | 234,837,652 | 73.98% | 85,396 |
6 | Re-elect Anne Bulford | 232,705,976 | 99.11 | 2,085,602 | 0.89 | 234,791,578 | 73.97% | 131,470 |
7 | Re-elect Steve Hatch | WITHDRAWN | ||||||
8 | Re-elect Barry Panayi | 232,692,272 | 99.10 | 2,101,783 | 0.90 | 234,794,055 | 73.97% | 128,993 |
9 | Re-elect Olivia Streatfeild | 215,175,517 | 91.64 | 19,636,971 | 8.36 | 234,812,488 | 73.97% | 110,560 |
10 | Elect Darren Fisher | 232,753,704 | 99.13 | 2,045,622 | 0.87 | 234,799,326 | 73.97% | 123,722 |
11 | Elect Priya Guha | 232,639,579 | 99.08 | 2,153,869 | 0.92 | 234,793,448 | 73.97% | 129,600 |
12 | Elect Denise Jagger | 232,642,018 | 99.09 | 2,147,952 | 0.91 | 234,789,970 | 73.97% | 133,078 |
13 | Elect Wais Shaifta | 232,625,869 | 99.08 | 2,165,887 | 0.92 | 234,791,756 | 73.97% | 131,292 |
14 | Re-Appoint PricewaterhouseCoopers LLP | 228,711,542 | 97.39 | 6,133,034 | 2.61 | 234,844,576 | 73.98% | 78,472 |
15 | Auditors' remuneration | 234,684,474 | 99.94 | 144,192 | 0.06 | 234,828,666 | 73.98% | 94,382 |
16 | Allot shares | 216,273,038 | 92.07 | 18,633,321 | 7.93 | 234,906,359 | 74.00% | 16,689 |
17 | Disapplication of pre-emption rights | 216,976,414 | 92.38 | 17,907,939 | 7.62 | 234,884,353 | 74.00% | 38,695 |
18 | Further disapplication of pre-emption rights | 210,881,298 | 89.78 | 24,010,242 | 10.22 | 234,891,540 | 74.00% | 31,508 |
19 | Purchase of own shares | 228,737,116 | 97.39 | 6,130,503 | 2.61 | 234,867,619 | 73.99% | 55,429 |
20 | Political donations | 216,823,325 | 92.31 | 18,057,489 | 7.69 | 234,880,814 | 73.99% | 42,234 |
21 | Notice for General Meetings | 232,686,738 | 99.09 | 2,146,247 | 0.91 | 234,832,985 | 73.98% | 90,063 |
Notes:
1. A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "for" and "against" a resolution.
2. The issued share capital figure used to calculate the percentage voted is 317,429,556. This is the figure as at the close of business on 28 April 2023 and excludes the number of ordinary shares held in treasury at that date.
3. As announced on 14 April 2023, Steve Hatch had decided to step down from his role as Non-Executive Director of the Company from the close of the AGM with the consequence that the resolution to re-elect Steve Hatch as a director of the Company included as resolution 7 in the Notice of AGM was to be withdrawn.
In accordance with Listing Rule 9.6.3R of the UK Financial Conduct Authority (FCA), a copy of the resolutions passed as Special Business at the AGM have been submitted to the UK Listing Authority and will be available for public inspection at the National Storage Mechanism (NSM) https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Enquiries |
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Reach plc |
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Jim Mullen, Chief Executive Officer Darren Fisher, Chief Financial Officer Lorraine Clover, Group Company Secretary
| 020 7293 3000 | ||
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Teneo |
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Giles Kernick | 020 7353 4200 | ||
LEI: 213800GNI5XF3XOATR61 Classification: 3.1 Additional Information | |||