Last checked at 22 Jul 2010 16:13
Tate & Lyle PLC
Result of Annual General Meeting 2010 and Scrip Dividend Update
Tate & Lyle PLC (the "Company") announces that at its Annual General Meeting ("AGM") held earlier today, all resolutions contained in the notice of meeting were duly passed.
Following approval of the final dividend at the AGM, the Company confirms that 5,731,466 ordinary shares are to be issued as a scrip dividend alternative to receiving a cash dividend, subject to applications to be made to the UK Listing Authority and the London Stock Exchange, which will be announced in due course.
The results of the poll held at the AGM are as follows:
| Resolution | Total For(1) | Total Against | Votes withheld(2) | ||||||||||
| No. of votes | % of vote | No. of votes | % of vote | No. of votes | |||||||||
| 1. | Report and Accounts | 308,625,533 | 99.85 | 463,681 | 0.15 | 511,752 | |||||||
| 2. | Remuneration Report | 300,488,039 | 97.44 | 7,896,462 | 2.56 | 1,196,157 | |||||||
| 3. | Approve final dividend | 308,334,733 | 99.86 | 418,469 | 0.14 | 827,458 | |||||||
| 4. | Re-elect Liz Airey | 308,758,631 | 99.92 | 257,334 | 0.08 | 564,695 | |||||||
| 5. | Re-elect Evert Henkes | 308,722,969 | 99.91 | 280,191 | 0.09 | 577,500 | |||||||
| 6. | Re-elect Sir Peter Gershon | 302,883,243 | 99.12 | 2,699,310 | 0.88 | 3,998,106 | |||||||
| 7. | Re-elect Javed Ahmed | 305,504,903 | 98.89 | 3,416,853 | 1.11 | 658,904 | |||||||
| 8. | Re-elect William Camp | 308,752,456 | 99.92 | 251,281 | 0.08 | 576,923 | |||||||
| 9. | Re-elect Douglas Hurt | 308,761,457 | 99.92 | 240,067 | 0.08 | 579,136 | |||||||
| 10. | Re-appoint auditors | 308,995,511 | 99.98 | 61,093 | 0.02 | 544,362 | |||||||
| 11. | Approve auditors' remuneration | 308,998,937 | 99.98 | 53,239 | 0.02 | 548,790 | |||||||
| 12. | Authority to make political donations and incur political expenditure | 305,386,778 | 98.94 | 3,261,783 | 1.06 | 952,405 | |||||||
| 13. | Amendment to the rules of the Performance Share Plan | 285,185,926 | 97.24 | 8,103,291 | 2.76 | 16,311,747 | |||||||
| 14. | Authority to allot shares | 302,652,655 | 98.73 | 3,883,570 | 1.27 | 3,064,741 | |||||||
| 15. | Dis-application of pre-emption rights | 307,151,768 | 99.63 | 1,125,710 | 0.37 | 1,323,488 | |||||||
| 16. | Authority to purchase own shares | 308,693,173 | 99.89 | 353,534 | 0.11 | 554,259 | |||||||
| 17. | Notice period for general meetings | 292,088,222 | 94.89 | 15,722,900 | 5.11 | 1,789,844 | |||||||
| 18. | New Articles of Association | 308,391,621 | 99.95 | 145,154 | 0.05 | 1,064,191 | |||||||
(1) Includes discretionary votes.
(2) 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.
On 22 July 2010, there were 460,257,500 ordinary shares in issue (excluding Treasury Shares) and 217 shareholders or persons representing shareholders attended the meeting.
In accordance with Listing Rules 9.6.2R, two copies of the resolutions passed as special business at the AGM will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility which is situated at:
Financial Services Authority25 The North ColonnadeCanary WharfLondon E14 5HS
As previously announced, Robert Walker succeeded Richard Delbridge as the Senior Independent Director at the conclusion of the AGM and Richard Delbridge retired from the Board of Directors.
Lucie GilbertDeputy Company Secretary22 July 2010
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