23 Jul 2019 15:46
23 July 2019
STOBART GROUP LIMITED
('Stobart Group' or 'the Group')
Result of AGM
Stobart Group, the aviation, energy and civil engineering group, announces the result of voting on the resolutions at its Annual General Meeting, held at 11.00 a.m. on 23 July 2019.
A poll was held on each of the resolutions. Resolutions 1 to 16 in the Notice of Annual General Meeting were passed by the required majority.
The results of the poll on each resolution are set out below.
|
For |
Against | TOTAL VOTES CAST | Votes withheld | ||
Resolution | No. of votes | % | No. of votes | % | No. of votes | No. of votes |
1. To receive the Company's Annual Accounts, Directors' Report and Auditor's Report. | 271,470,402 | 99.98 | 65,878 | 0.02 | 271,536,280 | 254,108 |
2. Declare a final dividend of 3.0 pence per ordinary share. | 271,702,648 | 100.00 | 3,636 | 0.00 | 271,706,284 | 84,105 |
3. To re-elect Warwick Brady as a Director. | 239,876,801 | 92.31 | 19,980,094 | 7.69 | 259,856,895 | 11,933,493 |
4. To re-elect John Coombs as a Director. | 211,226,321 | 80.14 | 52,344,285 | 19.86 | 263,570,606 | 8,219,782 |
5. To approve the appointment of Nick Dilworth as a Director. | 271,484,184 | 99.93 | 190,776 | 0.07 | 271,674,960 | 115,429 |
6. To approve the appointment of Ginny Pulbrook as a Director. | 271,593,334 | 99.97 | 78,181 | 0.03 | 271,671,515 | 118,874 |
7. To approve the appointment of David Blackwood as a Director. | 271,591,366 | 99.98 | 62,785 | 0.02 | 271,654,151 | 136,238 |
8. To approve the appointment of Lewis Girdwood as a Director. | 271,503,353 | 99.94 | 158,339 | 0.06 | 271,661,692 | 128,697 |
9. To approve the appointment of David Shearer as a Director. | 271,041,462 | 99.78 | 607,124 | 0.22 | 271,648,586 | 141,802 |
10. To re-appoint KPMG LLP as Auditors. | 270,307,766 | 99.90 | 277,294 | 0.10 | 270,585,060 | 1,205,328 |
11. Authorise the Directors to agree the Auditor's remuneration. | 267,478,180 | 98.49 | 4,092,250 | 1.51 | 271,570,430 | 219,958 |
12. Approve the Directors' Remuneration Report. | 188,888,333 | 82.25 | 40,760,105 | 17.75 | 229,648,438 | 42,141,950 |
13. Authorise the allotment of shares. | 271,378,955 | 99.92 | 229,479 | 0.08 | 271,608,434 | 181,955 |
14. Disapply pre-emption rights on the issue of shares in the Company. | 241,123,477 | 88.82 | 30,350,374 | 11.18 | 271,473,851 | 316,538 |
15. Ratify the Put Option and disapply pre-emption rights on the issue of shares in connection with the Put Option and Commitment Agreement. | 264,710,061 | 97.51 | 6,752,163 | 2.49 | 271,462,224 | 328,164 |
16. Authorise purchase of own shares. | 270,379,542 | 99.54 | 1,240,803 | 0.46 | 271,620,345 | 170,043 |
The number of ordinary shares in issue on 23 July 2019 was 370,821,715. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes 'For' or 'Against' a resolution.
A copy of resolutions 13, 14, 15 and 16 (being the special business of the Annual General Meeting, as set out in the notice of the Annual General Meeting) passed, will shortly be submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/nsm
Enquiries: |
|
Stobart Group Limited |
|
Charlie Geller, Group Head of Communications | Via Newgate Communications |
Newgate Communications |
+44 203 757 6880 |
Robin Tozer/ Ian Silvera
| stobart@newgatecomms.com |