Last checked at 22 Jun 2020 17:06
22 June 2020
SAGA PLC - ANNUAL GENERAL MEETING 2020
Results of Annual General Meeting (AGM) held on 22 June 2020
Saga plc (the "Company") announces that, at its AGM held earlier today at Enbrook Park, Sandgate, Folkestone, Kent CT20 3SE, the resolutions set out in the Notice of AGM dated 19 May 2020 were passed following a poll on each resolution. In accordance with the Company's Articles of Association, on a poll every member present in person or by proxy has one vote for every share held. Resolutions 1-17 were passed as ordinary resolutions; Resolutions 18-21 were passed as special resolutions. The following table shows the votes cast on each resolution.
| RESOLUTION | VOTES FOR | % OF VOTES CAST FOR | VOTES AGAINST | % OF VOTES CAST AGAINST | VOTES WITHHELD | VOTES CAST IN TOTAL (INCLUDING VOTES WITHHELD) |
1. | to receive the annual report and accounts and director and audit reports for year ended 31 January 2020 | 645,800,971 | 99.98 | 156,774 | 0.02 | 1,082,169 | 647,039,914 |
2. | to approve the Directors' Remuneration Report | 536,042,769 | 82.92 | 110,416,414 | 17.08 | 581,780 | 647,040,963 |
3. | to approve the Saga plc 2020 Restricted Share Plan | 604,360,644 | 97.16 | 17,653,018 | 2.84 | 25,026,393 | 647,040,055 |
4. | To approve the Directors' Remuneration Policy | 609,404,573 | 97.98 | 12,534,190 | 2.02 | 25,102,200 | 647,040,963 |
5. | to re-elect Patrick O'Sullivan as a director | 643,019,113 | 99.46 | 3,493,343 | 0.54 | 528,507 | 647,040,963 |
6. | to re-elect James Quin as a director | 642,245,000 | 99.34 | 4,277,283 | 0.66 | 518,114 | 647,040,397 |
7. | to re-elect Orna NiChionna as a director | 642,913,933 | 99.44 | 3,639,166 | 0.56 | 487,864 | 647,040,963 |
8. | to re-elect Eva Eisenschimmel as a director | 634,788,070 | 99.46 | 3,421,118 | 0.54 | 8,831,209 | 647,040,397 |
9. | to re-elect Julie Hopes as a director | 644,166,558 | 99.63 | 2,401,843 | 0.37 | 471,996 | 647,040,397 |
10. | to re-elect Gareth Hoskin as a director | 644,110,076 | 99.62 | 2,446,808 | 0.38 | 483,513 | 647,040,397 |
11. | to re-elect Gareth Williams as a director | 643,099,241 | 99.48 | 3,371,302 | 0.52 | 569,854 | 647,040,397 |
12. | to elect Euan Sutherland as a director | 645,857,041 | 99.91 | 582,599 | 0.09 | 601,324 | 647,040,964 |
13. | to elect Cheryl Agius as a director | 645,892,524 | 99.91 | 550,740 | 0.09 | 597,133 | 647,040,397 |
14. | to re-appoint KPMG LLP as auditors | 646,363,794 | 99.92 | 496,909 | 0.08 | 179,694 | 647,040,397 |
15. | to authorise the Audit Committee to agree the remuneration of the auditors | 646,444,454 | 99.94 | 388,577 | 0.06 | 206,458 | 647,039,489 |
16. | to authorise the Directors to make political donations and expenditure up to a specified amount | 593,360,087 | 91.74 | 53,393,082 | 8.26 | 288,471 | 647,041,640 |
17. | to authorise the Directors to allot shares up to a specified amount | 633,905,593 | 98.04 | 12,678,061 | 1.96 | 457,121 | 647,040,775 |
18. | to authorise the Directors to allot shares and sell treasury shares for cash without making a pre-emptive offer to shareholders | 640,514,856 | 99.03 | 6,305,813 | 0.97 | 220,783 | 647,041,452 |
19. | to authorise the Directors to allot shares and sell treasury shares for cash without making a pre-emptive offer to shareholders (in connection with capital investment) | 640,354,305 | 99.00 | 6,459,159 | 1.00 | 227,987 | 647,041,451 |
20. | to authorise the Company to purchase its own shares | 644,199,205 | 99.86 | 909,250 | 0.14 | 1,934,635 | 647,043,090 |
21. | to authorise the Company to hold general meetings on not less than 14 days' notice | 631,925,454 | 97.68 | 14,980,698 | 2.32 | 134,812 | 647,040,964 |
1) A vote withheld is not a vote in law and is not counted towards votes cast "For" or "Against" a resolution.
2) Resolutions 18-21 inclusive have been proposed as special resolutions and required a 75% majority.
3) The total voting rights of the Company as at 18 June 2020, the day on which shareholders had to be on the register in order to be eligible to vote, was 1,122,003,328.
4) The results will be made available on the Company's website: www.corporate.saga.co.uk
5) In accordance with LR.9.6.2 a document setting out the resolutions passed at the AGM concerning special business has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM
Enquiries
Saga plc Tel: 01303 771199Vicki Haynes,
Company Secretary
Enbrook Park
Sandgate
FolkestoneKentCT20 3SE