Last checked at 21 Jun 2016 16:51
21 June 2016
SAGA PLC - ANNUAL GENERAL MEETING 2016
Results of Annual General Meeting (AGM) held on 21 June 2016
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 18 May 2016 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 1-15 were passed as ordinary resolutions, Resolutions 16-18 were passed as special resolutions.
| RESOLUTION | VOTES FOR | % OF VOTES CAST | VOTES AGAINST | % OF VOTES CAST | VOTES CAST IN TOTAL | VOTES WITHHELD |
1. | to receive and adopt the directors' report and accounts for year ended 31 January 2016 | 725,130,410 | 99.92 | 572,037 | 0.08 | 726,483,639 | 781,192 |
2. | to approve the Directors' Remuneration Report | 661,486,807 | 91.20 | 63,828,867 | 8.80 | 726,474,388 | 1,158,714 |
3. | to declare a final dividend for the year ended 31 January 2016 of 5.0p per ordinary share | 725,772,857 | 100 | 26,423 | 0.00 | 726,494,204 | 694,924 |
4. | to re-elect Andrew Goodsell as a director | 657,258,689 | 90.78 | 66,757,842 | 9.22 | 726,470,934 | 2,454,403 |
5. | to re-elect Lance Batchelor as a director | 725,052,408 | 99.93 | 509,419 | 0.07 | 726,470,830 | 909,003 |
6. | to re-elect Jonathan Hill as a director | 725,021,426 | 99.93 | 509,051 | 0.07 | 726,464,609 | 934,132 |
7. | to re-elect Philip Green as a director | 723,783,622 | 99.77 | 1,633,031 | 0.23 | 726,472,463 | 1,005,810 |
8. | to re-elect Ray King as a director | 724,937,291 | 99.92 | 572,328 | 0.08 | 726,460,284 | 950,665 |
9. | to re-elect Orna NiChionna as a director | 724,832,886 | 99.91 | 677,495 | 0.09 | 726,464,868 | 954,487 |
10. | to re-elect Gareth Williams as a director | 723,409,946 | 99.92 | 561,639 | 0.08 | 726,459,303 | 2,487,718 |
11. | to elect Bridget McIntyre as a director | 725,198,187 | 99.96 | 313,767 | 0.04 | 726,458,988 | 947,034 |
12. | to re-appoint Ernst & Young LLP as auditors | 722,991,511 | 99.96 | 282,751 | 0.04 | 726,469,282 | 3,195,020 |
13. | to authorise the Directors to agree the remuneration of the auditors | 725,254,691 | 99.95 | 355,285 | 0.05 | 726,460,324 | 850,348 |
14. | to authorise the Directors to make political donations and expenditure up to a specified amount | 644,251,290 | 88.84 | 80,969,095 | 11.16 | 726,479,209 | 1,258,824 |
15. | to authorise the Directors to allot shares up to a specified amount | 720,477,618 | 99.24 | 5,519,610 | 0.76 | 726,448,665 | 451,437 |
16. | to authorise the Directors to allot shares and sell treasury shares for cash without making a pre-emptive offer to shareholders | 661,164,490 | 91.94 | 57,986,528 | 8.06 | 726,467,100 | 7,316,082 |
17. | to authorise the Company to purchase its own shares | 772,019,576 | 99.53 | 3,443,670 | 0.47 | 726,459,630 | 996,384 |
18. | to authorise the Company to hold general meetings on not less than 14 days' notice | 665,409,282 | 91.70 | 60,202,863 | 8.30 | 726,463,497 | 851,352 |
1) A vote withheld is not a vote in law and is not counted towards votes cast "For" or "Against" a resolution.
2) Resolutions 16-18 inclusive have been proposed as special resolutions and required a 75% majority.
3) The total voting rights of the Company as at 17th June 2016, the day on which shareholders had to be on the register in order to be eligible to vote, was 1,118,005,405.
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
6) Payment of final dividend will be made on 30 June to shareholders who were on the shareholder register on 13 May 2016.
Enquiries
Saga plc Tel: 01303 771199Vicki Haynes,
Company Secretary
Enbrook Park
Sandgate
FolkestoneKentCT20 3SE