29 Jun 2017 16:54
29 June 2017
STOBART GROUP LIMITED
('Stobart' or 'the Group')
Result of AGM
Stobart Group Ltd, the Infrastructure and Support Services Group, announces that at its Annual General Meeting, held at 12.00 noon today, all resolutions proposed to the Meeting (as set out in the Notice of Meeting) were passed on a show of hands.
Details of proxy voting instructions lodged prior to the meeting are set out below:
Resolution | For (number of votes) | Discretion (number of votes) | Against (number of votes) | Abstentions (number of votes) | % in favour incl. Chairman's discretion but excl. withheld votes |
1. To receive the Company's Annual Accounts, Directors' Report and Auditor's Report. | 294,970,756 | 216,774 | 1,135,403 | 681,435 | 99.62 |
2. To declare a final dividend of 4.5p per ordinary share. | 296,791,871 | 211,943 | 0 | 556 | 100.00 |
3. To re-elect Iain Ferguson CBE as a Director. | 287,182,346 | 238,274 | 9,568,271 | 15,478 | 96.78 |
4. To re-elect Andrew Tinkler as a Director. | 296,575,170 | 216,024 | 196,698 | 16,478 | 99.93 |
5. To re-elect Andrew Wood as a Director. | 288,780,786 | 244,274 | 7,958,910 | 20,400 | 97.32 |
6. To re-elect John Coombs as a Director. | 288,792,076 | 241,873 | 7,950,021 | 20,400 | 97.32 |
7. To re-elect John Garbutt as a Director. | 274,987,314 | 245,074 | 21,751,580 | 20,400 | 92.68 |
8. To approve the appointment of Warwick Brady as Director. | 296,521,550 | 248,031 | 209,288 | 25,501 | 99.93 |
9. To re-appoint KPMG LLP as Auditors of the Company. | 296,388,204
| 214,774 | 386,751 | 14,641 | 99.87 |
10.To authorise the Directors to agree the Auditor's remuneration. | 296,728,530 | 238,609 | 24,806 | 12,425 | 99.99 |
11.To approve the Directors' Remuneration Report. | 284,968,685 | 253,612 | 11,040,071 | 741,999 | 96.27 |
12.To approve the Directors' Remuneration Policy. | 282,916,269 | 254,237 | 4,921,948 | 8,911,914 | 98.29 |
13.To approve the alignment of EPS measurement period with TSR measurement period. | 264,937,961 | 262,752 | 31,695,917 | 107,740 | 89.32 |
14.To approve the amendments to the Long Term Incentive Plan. | 295,532,074 | 248,245 | 1,099,219 | 124,831 | 99.63 |
15.To authorise the allotment of shares. | 296,619,592 | 262,248 | 60,926 | 61,604 | 99.98 |
16.To approve and adopt the Amended Articles of Incorporation. | 286,752,236 | 297,411 | 389,254 | 9,565,467 | 99.86 |
17.To disapply pre-emption rights on the issue of shares in the Company. | 296,484,992 | 295,438 | 114,959 | 108,981 | 99.96 |
18.To authorise purchase of own shares. | 295,596,652 | 290,311 | 1,076,746 | 40,429 | 99.64 |
The number of ordinary shares in issue (excluding treasury shares) on 29 June 2017 was 350,628,831. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes validly cast.
Resolutions 16, 17 and 18 inclusive were passed as special resolutions. A copy of all the resolutions passed, other than those concerning ordinary business, has been submitted to the National Storage Mechanism and will shortly be available for inspection at: http://www.Hemscott.com/nsm.do.
Enquiries:
Stobart Group Limited | C/o Redleaf Communications |
Andrew Tinkler, Chief Executive Officer
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Redleaf Communications | +44 207 382 4730 |
Charlie Geller Sam Modlin | Stobart@redleafpr.com |
Influence Associates | +44 207 287 9610 |
Stuart Dyble James Andrew
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