Last checked at 4 Feb 2021 17:06
RESULTS OF AGM
The Sage Group plc. ("Sage")
4 February 2021
Sage announces that all resolutions proposed to shareholders at its Annual General Meeting held on 4 February 2021 (the "AGM") were carried by the requisite majority on a poll.
The following table shows the votes cast for and against each resolution and the number of votes withheld:
Resolutions | Votes For | % | Votes Against | % | Total votes | % of total voting rights voted | Votes withheld | |
1. | Receive the Annual Report and Accounts | 892,318,298 | 99.96% | 375,923 | 0.04% | 892,694,221 | 81.43% | 3,477,172 |
2. | Approve the Directors' Remuneration Report | 803,292,111 | 89.77% | 91,511,968 | 10.23% | 894,804,079 | 81.63% | 1,367,314 |
3. | Declare a final dividend | 895,695,353 | 99.97% | 226,475 | 0.03% | 895,921,828 | 81.73% | 249,565 |
4. | Elect Ms S Anand | 895,771,552 | 99.99% | 52,502 | 0.01% | 895,824,054 | 81.72% | 347,339 |
5. | Elect Ms I Wasti | 895,779,348 | 99.99% | 45,795 | 0.01% | 895,825,143 | 81.72% | 346,200 |
6. | Re-elect Sir D Brydon | 892,360,024 | 99.85% | 1,363,251 | 0.15% | 893,723,275 | 81.53% | 2,448,118 |
7. | Re-elect Dr J Bates | 823,166,761 | 91.88% | 72,717,119 | 8.12% | 895,883,880 | 81.73% | 287,513 |
8. | Re-elect Mr J Bewes | 878,813,962 | 98.09% | 17,071,418 | 1.91% | 895,885,380 | 81.73% | 286,013 |
9. | Re-elect Ms A Court | 822,543,836 | 91.81% | 73,342,044 | 8.19% | 895,885,880 | 81.73% | 285,513 |
10. | Re-elect Mr D Hall | 822,983,159 | 91.86% | 72,900,110 | 8.14% | 895,883,269 | 81.73% | 288,124 |
11. | Re-elect Mr S Hare | 895,178,860 | 99.92% | 716,050 | 0.08% | 895,894,910 | 81.73% | 276,483 |
12. | Re-elect Mr J Howell | 893,860,821 | 99.77% | 2,029,197 | 0.23% | 895,890,018 | 81.73% | 281,375 |
13. | Re-appoint the Auditors | 893,581,111 | 99.99% | 101,052 | 0.01% | 893,682,163 | 81.52% | 2,489,230 |
14. | Authority to determine the Auditors' remuneration | 895,804,582 | 99.99% | 51,402 | 0.01% | 895,855,984 | 81.72% | 315,409 |
15. | Political Donations | 891,563,365 | 99.52% | 4,275,834 | 0.48% | 895,839,199 | 81.72% | 332,194 |
16. | Discretionary Share Plan Amendments | 894,577,810 | 99.86% | 1,227,623 | 0.14% | 895,805,433 | 81.72% | 365,960 |
17. | Authority to allot new shares | 850,754,477 | 94.97% | 45,086,098 | 5.03% | 895,840,575 | 81.72% | 330,818 |
18. | General authority to disapply pre-emption rights* | 893,331,922 | 99.96% | 352,393 | 0.04% | 893,684,315 | 81.53% | 2,487,078 |
19. | Additional authority to disapply pre-emption rights* | 881,816,715 | 98.67% | 11,866,137 | 1.33% | 893,682,852 | 81.53% | 2,488,541 |
20. | Authority to purchase own shares on market* | 887,410,293 | 99.06% | 8,444,536 | 0.94% | 895,854,829 | 81.72% | 316,564 |
21. | General meetings to be held on not less than 14 clear days' notice* | 857,216,174 | 95.71% | 38,442,538 | 4.29% | 895,658,712 | 81.71% | 512,680 |
22. | Adoption of new Articles of Association* | 894,902,101 | 99.92% | 696,961 | 0.08% | 895,599,062 | 81.70% | 572,331 |
NOTES:
1. * Indicates a Special Resolution requiring 75% of votes cast to be carried.
2. All resolutions were passed.
3. Votes "For" and "Against" are expressed as a percentage of votes cast.
4. Votes "For" include discretionary votes given to the Chairman.
5. A "Vote withheld" is not a vote in law and is not counted in the calculation of the votes "For" and "Against" a resolution.
6. To view the full wording of the resolutions, please refer to the Notice of 2021 Annual General Meeting on Sage's website.
7. At 6.30 pm on 2 February 2021, the total voting rights of Sage were 1,096,206,744. This is based on the issued share capital of 1,120,789,295 ordinary shares reduced by the number of treasury shares of 24,582,551.
In accordance with the UK Listing Authority's Listing Rule 9.6.2, copies of all the resolutions passed as special resolutions (resolutions 18 to 22 inclusive) will be submitted to the National Storage Mechanism and will shortly be available for inspection at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
A copy of the AGM results as shown above will also be made available on Sage's website.
END
Name of contact: | Mohor Roy |
Telephone number of contact: | +44(0) 203 810 7200 |