Last checked at 1 Feb 2024 14:00
RESULTS OF AGM
The Sage Group plc. ("Sage")
1 February 2024
Sage announces that all resolutions proposed to shareholders at its Annual General Meeting held on 1 February 2024 (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 | Percent of votes cast for | Votes Against | Percent of votes cast against | Total votes cast (excluding votes withheld) | Percent of total voting rights voted (excluding votes withheld) | Votes withheld |
1. | Receive the Annual Report and Accounts | 821,132,090 | 100.00% | 8,949 | 0.00% | 821,141,039 | 80.73 | 989,933 |
2. | Approve the Directors' Remuneration Report | 805,495,629 | 98.30% | 13,958,246 | 1.70% | 819,453,875 | 80.56 | 2,677,096 |
3. | Declare a final dividend | 817,117,436 | 99.42% | 4,801,302 | 0.58% | 821,918,738 | 80.80 | 212,233 |
4. | Elect Ms R Donnelly | 821,519,159 | 99.97% | 210,348 | 0.03% | 821,729,507 | 80.79 | 401,465 |
5. | Re-elect Mr A Duff | 811,915,688 | 98.81% | 9,812,752 | 1.19% | 821,728,440 | 80.79 | 402,532 |
6. | Re-elect Ms S Anand | 821,210,650 | 99.94% | 533,835 | 0.06% | 821,744,485 | 80.79 | 386,487 |
7. | Re-elect Dr J Bates | 821,220,498 | 99.94% | 520,314 | 0.06% | 821,740,812 | 80.79 | 390,160 |
8. | Re-elect Mr J Bewes | 821,557,736 | 99.98% | 181,868 | 0.02% | 821,739,604 | 80.79 | 391,368 |
9. | Re-elect Ms M C Jones | 821,597,637 | 99.98% | 152,435 | 0.02% | 821,750,072 | 80.79 | 380,900 |
10. | Re-elect Ms A Court | 817,409,151 | 99.47% | 4,345,208 | 0.53% | 821,754,359 | 80.79 | 376,613 |
11. | Re-elect Mr D Harding | 821,350,742 | 99.95% | 390,284 | 0.05% | 821,741,026 | 80.79 | 389,946 |
12. | Re-elect Mr S Hare | 821,732,904 | 99.98% | 139,957 | 0.02% | 821,872,861 | 80.80 | 258,111 |
13. | Re-elect Mr J Howell | 820,912,267 | 99.89% | 931,323 | 0.11% | 821,843,590 | 80.80 | 287,382 |
14. | Re-appoint the Auditors | 818,448,430 | 99.59% | 3,395,470 | 0.41% | 821,843,900 | 80.80 | 287,072 |
15. | Authority to determine the Auditors' remuneration | 821,758,697 | 99.99% | 110,034 | 0.01% | 821,868,731 | 80.80 | 262,241 |
16. | Political Donations | 812,421,272 | 99.24% | 6,190,106 | 0.76% | 818,611,378 | 80.48 | 3,519,594 |
17. | Authority to allot new shares | 797,101,480 | 97.00% | 24,665,772 | 3.00% | 821,767,252 | 80.79 | 363,719 |
18. | To disapply pre-emption rights (general)* | 732,459,728 | 89.14% | 89,246,530 | 10.86% | 821,706,258 | 80.78 | 424,714 |
19. | To disapply pre-emption rights (acquisition or specified capital investment)* | 758,118,333 | 92.55% | 61,047,505 | 7.45% | 819,165,838 | 80.53 | 2,965,132 |
20. | Authority to purchase own shares on market* | 818,545,693 | 99.60% | 3,274,162 | 0.40% | 821,819,855 | 80.79 | 311,117 |
21. | General meetings to be held on not less than 14 clear days' notice* | 785,492,570 | 95.57% | 36,369,526 | 4.43% | 821,862,096 | 80.80 | 268,876 |
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 Chair.
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 2024 Annual General Meeting on Sage's website at www.sage.com/investors.
7. At 6.30pm on 30 January 2024, the total voting rights of Sage were 1,017,171,212. This is based on the issued share capital of 1,086,162,282 ordinary shares reduced by the number of treasury shares of 68,991,070.
In accordance with Listing Rule 9.6.2, copies of all the resolutions passed as special resolutions (resolutions 18 to 21 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 at www.sage.com/investors.
END
Name of contact: | Mohor Roy |
Telephone number of contact: | +44(0) 203 810 7200 |