Last checked at 12 Apr 2018 16:12
12 April 2018
Smith & Nephew plc
Smith & Nephew announces the results of the voting by poll on the resolutions put to its Annual General Meeting held at 2pm on 12 April 2018.
Resolution |
For/Discretion (Number of votes) |
Percentage For/Discretion (%) |
Against (Number of votes) |
Percentage Against (%) | Total votes validly cast | Percentage of relevant shares in issue (%) | Withheld (Number of votes) |
Ordinary resolutions | |||||||
1. To receive the audited accounts | 593,854,649 | 100.00% | 29,230 | 0.00% | 593,883,879 | 67.88% | 3,779,105 |
2. To approve the Directors' Remuneration Report (excluding Policy) | 581,091,881 | 97.29% | 16,160,313 | 2.71% | 597,252,194 | 68.27% | 407,092 |
3. To declare a final dividend | 597,457,521 | 100.00% | 10,624 | 0.00% | 597,468,145 | 68.29% | 194,039 |
4. To re-elect Graham Baker | 591,692,790 | 99.05% | 5,663,180 | 0.95% | 597,355,970 | 68.28% | 305,264 |
5. To re-elect Vinita Bali | 566,117,171 | 96.47% | 20,685,124 | 3.53% | 586,802,295 | 67.07% | 10,858,938 |
6. To re-elect Ian Barlow | 578,006,724 | 96.76% | 19,339,149 | 3.24% | 597,345,873 | 68.28% | 315,361 |
7. To re-elect Olivier Bohuon | 588,101,537 | 98.45% | 9,249,083 | 1.55% | 597,350,620 | 68.28% | 310,923 |
8. To re-elect The Rt. Hon Baroness Virginia Bottomley of Nettlestone DL | 585,172,316 | 97.97% | 12,149,626 | 2.03% | 597,321,942 | 68.28% | 339,601 |
9. To re-elect Erik Engstrom | 595,217,566 | 99.64% | 2,120,558 | 0.36% | 597,338,124 | 68.28% | 323,419 |
10. To elect Roland Diggelmann | 592,456,802 | 99.18% | 4,885,396 | 0.82% | 597,342,198 | 68.28% | 319,344 |
11. To re-elect Robin Freestone | 593,294,462 | 99.32% | 4,044,071 | 0.68% | 597,338,533 | 68.28% | 323,010 |
12. To re-elect Michael Friedman | 588,885,749 | 98.59% | 8,449,278 | 1.41% | 597,335,027 | 68.28% | 326,516 |
13. To elect Marc Owen | 595,913,562 | 99.76% | 1,421,918 | 0.24% | 597,335,480 | 68.28% | 326,063 |
14. To elect Angie Risley | 593,684,388 | 99.40% | 3,611,907 | 0.60% | 597,296,295 | 68.27% | 365,248 |
15. To re-elect Roberto Quarta | 570,254,470 | 95.54% | 26,648,066 | 4.46% | 596,902,536 | 68.23% | 759,006 |
16. To re-appoint the Auditor | 596,579,310 | 99.86% | 858,546 | 0.14% | 597,437,856 | 68.29% | 223,687 |
17. To authorise the Directors to determine the remuneration of the Auditor | 597,316,686 | 99.98% | 134,183 | 0.02% | 597,450,869 | 68.29% | 212,115 |
18. To renew the Directors' authority to allot shares | 583,072,801 | 97.60% | 14,318,871 | 2.40% | 597,391,672 | 68.28% | 267,306 |
Special resolutions | |||||||
19. To renew the Directors' authority for the disapplication of the pre-emption rights | 587,465,711 | 98.35% | 9,844,630 | 1.65% | 597,310,341 | 68.28% | 348,946 |
20. To renew the Directors' limited authority to make market purchases of the Company's own shares | 592,142,139 | 99.13% | 5,206,384 | 0.87% | 597,348,523 | 68.28% | 310,763 |
21. To authorise general meetings to be held on 14 clear days' notice | 541,557,932 | 90.66% | 55,815,536 | 9.34% | 597,373,468 | 68.28% | 289,516 |
The number of Ordinary Shares in issue on 10 April 2018 at 6pm (excluding shares held in Treasury) was 874,852,339. Shareholders are entitled to one vote per share. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes validly cast.
A copy of the Resolutions passed as Special Business at the Annual General Meeting is being submitted to the UK Listing Authority and will shortly be available for inspection at the National Storage Mechanism document viewing facility at: http://www.morningstar.co.uk/uk/nsm
Joseph Papa did not stand for re-election as a Director and stepped down from the Board with effect from the conclusion of the AGM.
In accordance with section 430(2B) of the Companies Act 2006, Smith & Nephew confirms that Joseph Papa will receive payment of fees for service whilst a Director but no other remuneration payment or payment for loss of office will be made in connection with his departure.
Susan Swabey
Company Secretary
Smith & Nephew plc
Tel: +44 (0)1923 477317