Last checked at 23 Apr 2021 16:05
23 April 2021
Senior plc - Results of 2021 AGM
Senior plc held its Annual General Meeting on Friday 23 April 2021 at 09.00 a.m. All Resolutions were duly passed. A poll was held on each of the Resolutions proposed; the results of the polls are set out below and can also be viewed on the Company's website: https://www.seniorplc.com/investors/shareholder-information/annual-general-meeting.aspx.
Company Name: | Senior plc | ||||||
Meeting Date: | 23/04/2021 | ||||||
Issued share capital at meeting date: | 419,418,082 | ||||||
Meeting Type (AGM/EGM): | AGM | ||||||
RESOLUTION NUMBER | RESOLUTION NAME | FOR | % | AGAINST | % | VOTES TOTAL | VOTES WITHHELD (1) |
1 | Financial Statements | 331,167,085 | 99.99 | 31,885 | 0.01 | 331,198,970 | 1,782,237 |
2 | Remuneration Report | 233,840,000 | 74.23 | 81,174,762 | 25.77 | 315,014,762 | 17,966,445 |
3 | Remuneration Policy | 230,355,445 | 74.18 | 80,193,440 | 25.82 | 310,548,885 | 22,432,322 |
4 | Re-elect Ian King | 318,027,627 | 95.51 | 14,945,333 | 4.49 | 332,972,960 | 8,247 |
5 | Re-elect Celia Baxter | 299,687,847 | 94.32 | 18,049,400 | 5.68 | 317,737,247 | 15,243,960 |
6 | Re-elect Susan Brennan | 318,031,202 | 95.51 | 14,941,758 | 4.49 | 332,972,960 | 8,247 |
7 | Re-elect Bindi Foyle | 331,848,001 | 99.66 | 1,124,959 | 0.34 | 332,972,960 | 8,247 |
8 | Re-elect Giles Kerr | 314,716,234 | 94.52 | 18,256,726 | 5.48 | 332,972,960 | 8,247 |
9 | Re-elect Rajiv Sharma | 318,006,105 | 95.51 | 14,966,655 | 4.49 | 332,972,760 | 8,447 |
10 | Re-elect David Squires | 331,853,621 | 99.66 | 1,118,597 | 0.34 | 332,972,218 | 8,989 |
11 | Re-appoint Auditor | 331,365,721 | 99.59 | 1,361,039 | 0.41 | 332,726,760 | 254,447 |
12 | Auditor's Remuneration | 332,903,978 | 99.99 | 42,573 | 0.01 | 332,946,551 | 34,656 |
13 | Allot Equity Securities | 306,798,181 | 92.14 | 26,176,646 | 7.86 | 332,974,827 | 6,380 |
14 | Disapply Pre-Emption Rights | 327,040,525 | 98.22 | 5,931,179 | 1.78 | 332,971,704 | 9,503 |
15 | Purchase Own Shares | 330,867,563 | 99.55 | 1,488,217 | 0.45 | 332,355,780 | 625,427 |
16 | General Meeting Notice | 329,334,096 | 98.91 | 3,644,957 | 1.09 | 332,979,053 | 2,154 |
17 | Articles of Association | 332,657,032 | 99.98 | 63,871 | 0.02 | 332,720,903 | 260,304 |
(1) | A 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' and 'against' a Resolution. |
| At the date of the AGM the issued share capital of the Company is 419,418,082 ordinary shares. The total number of electronic poll votes received for the 2021 AGM represented approximately 79.4% (2020 - 81.3%) of the issued share capital of the Company. |
Resolutions 14, 15, 16 and 17 were passed as Special Resolutions, copies of these Resolutions together with the new Articles of Association will shortly be available for inspection at the National Storage Mechanism, which is located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
Resolutions 2 (Remuneration Report) and 3 (Remuneration Policy)
The Board notes that Resolution 2 (to approve the Directors' Remuneration Report) and Resolution 3 (to approve the Directors' Remuneration Policy) were both passed, although a minority of shareholders voting (25.77% and 25.82% respectively) chose not to support one or both of these Resolutions.
The Board remains cognisant of the sensitivity surrounding the issue of executive remuneration and, on its behalf, the Remuneration Committee had consulted progressively in the months prior to the 2021 AGM with the Company's largest shareholders and the major governance agencies. The Remuneration Committee will consult further with the Company's major shareholders, and the Company will provide an Update Statement within six months of the 2021 AGM, as required by the UK Corporate Governance Code 2018.