Last checked at 2 Sep 2014 16:00
SEVERFIELD PLC
Results of Annual General Meeting
At the Company's Annual General Meeting held at 12 noon today, 2 September 2014, all of the resolutions were passed on a show of hands.
Copies of all the resolutions passed have been submitted to the UK Listing Authority via the National Storage Mechanism and will shortly be available for review at http://www.hemscott.com/nsm.do.
A summary of Proxies received in respect of each resolution is set out below (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 the resolution):
| In Favour | Against | Total | Withheld | ||
Resolution | No of votes | % of votes | No of votes | % of votes | No of votes | No of votes |
1. To receive and adopt the annual accounts and the reports of the Directors for the financial year ended 31 March 2014 together with the report of the auditors thereon | 239,692,432 | 99.98 | 55,223 | 0.02 | 239,747,655 | 0 |
2. To approve the Directors' remuneration report (other than the part containing the directors' remuneration policy) for the financial year ended 31 March 2014 as set out in the Annual Report and Accounts 2014 | 234,477,651 | 98.32 | 4,010,504 | 1.68 | 238,488,155 | 1,259,500 |
3. To approve the Directors' remuneration policy which is contained in the Directors' remuneration report as set out in the Annual Report and Accounts 2014 | 237,577,309 | 99.81 | 459,386 | 0.19 | 238,036,695 | 1,710,960 |
4. To reappoint John Dodds as a Director. | 236,482,433 | 98.64 | 3,250,223 | 1.36 | 239,732,656 | 14,999 |
5. To reappoint Ian Lawson as a Director. | 239,661,433 | 99.97 | 72,889 | 0.03 | 239,734,322 | 13,333 |
6. To reappoint Ian Cochrane as a Director. | 239,662,266 | 99.97 | 72,056 | 0.03 | 239,734,322 | 13,333 |
7. To reappoint Alan Dunsmore as a Director. | 239,603,933 | 99.96 | 105,389 | 0.04 | 239,709,322 | 38,333 |
8. To reappoint Derek Randall as a Director. | 239,637,266 | 99.96 | 97,056 | 0.04 | 239,734,322 | 13,333 |
9. To reappoint Alun Griffiths as a Director. | 239,627,766 | 99.95 | 108,889 | 0.05 | 239,736,655 | 11,000 |
10. To reappoint Chris Holt as a Director. | 238,036,106 | 99.95 | 108,722 | 0.05 | 238,144,828 | 1,601,161 |
11. To reappoint Tony Osbaldiston as a Director. | 239,630,759 | 99.97 | 80,896 | 0.03 | 239,711,655 | 36,000 |
12. To reappoint Kevin Whiteman as a Director. | 239,629,266 | 99.96 | 107,389 | 0.04 | 239,736,655 | 11,000 |
13. To reappoint Deloitte LLP as auditors of the Company to hold office until the conclusion of the next Annual General Meeting of the Company in 2015. | 236,758,044 | 99.25 | 1,777,487 | 0.75 | 238,535,531 | 1,212,124 |
14. To authorise the Directors to determine the auditors' remuneration. | 238,435,649 | 99.97 | 71,656 | 0.03 | 238,507,305 | 1,240,350 |
15. To authorise the Directors to allot securities pursuant to section 551 of the Companies Act 2006 | 232,879,540 | 97.14 | 6,864,782 | 2.86 | 239,744,322 | 3,333 |
16. To authorise the Directors to disapply pre-emption rights pursuant to section 561 of the Companies Act 2006 | 239,464,082 | 99.93 | 166,907 | 0.07 | 239,630,989 | 116,666 |
17. To authorise the Company to make market purchases pursuant to section 701 of the Companies Act 2006 | 239,399,921 | 99.87 | 323,568 | 0.13 | 239,723,489 | 24,166 |
18. Approve new sharesave scheme | 239,413,207 | 99.93 | 177,355 | 0.07 | 239,590,562 | 157,093 |
19. That a general meeting of the Company (other than an annual general meeting) may be called on not less than 14 clear days' notice | 236,225,405 | 98.55 | 3,480,584 | 1.45 | 239,705,989 | 41,666 |
For further information, please contact: | |
Severfield Plc |
|
01845 577896 | Ian Lawson, Chief Executive Officer |
01845 577896 | Alan Dunsmore, Finance Director |