8 May 2019 12:40
8 May 2019
Ten Entertainment Group plc
(the "Company")
Results of the Annual General Meeting
The Annual General Meeting (the "Meeting") of the Company was held on Wednesday 8 May 2018 at 11.30am (London time). At the Meeting, the ordinary and special resolutions set out in the Notice of the Annual General Meeting dated 11 April 2019 (the "Notice"), were proposed and passed by way of a poll. Resolutions 1 to 14 were passed as ordinary resolutions. Resolutions 15 to 18 were passed as special resolutions.
Full details of the poll results are set out below and will also be available on the Company's website www.tegplc.co.uk
No | Resolution | Votes For | % | Votes Against | % | Total Votes Cast | % of ISC Voted | Votes Withheld | Independent Votes For | % |
1 | To receive the Directors' report and the accounts for the Company for the year ended 30 December 2018 | 50,058,345 | 100.00% | 0 | 0.00% | 50,058,345 | 77.01% | 0 | ||
2 | To declare a final dividend of 7.0 pence per ordinary share for the year ended 30 December 2018 | 50,058,345 | 100.00% | 0 | 0.00% | 50,058,345 | 77.01% | 0 | ||
3 | To approve the Directors' Remuneration Report | 47,074,037 | 94.25% | 2,872,590 | 5.75% | 49,946,627 | 76.84% | 111,717 | ||
4 | To elect Duncan Garrood as a Director | 50,056,310 | 100.00% | 2,035 | 0.00% | 50,058,345 | 77.01% | 0 | ||
5 | To elect Adam Bellamy as a Director | 50,046,310 | 100.00% | 2,035 | 0.00% | 50,048,345 | 77.00% | 0 | 32,013,127 | 99.99% |
6 | To elect Antony Smith as a Director | 50,058,345 | 100.00% | 0 | 0.00% | 50,058,345 | 77.01% | 0 | ||
7 | To re-elect Nick Basing as a Director | 45,603,899 | 92.39% | 3,754,445 | 7.61% | 49,358,344 | 75.94% | 700,000 | ||
8 | To re-elect Graham Blackwell as a Director | 49,062,402 | 99.62% | 185,222 | 0.38% | 49,247,624 | 75.77% | 810,721 | ||
9 | To re-elect Christopher Mills as a Director | 43,467,465 | 88.07% | 5,890,879 | 11.93% | 49,358,344 | 75.94% | 700,000 | ||
10 | To re-elect Julie Sneddon as a Director | 50,057,348 | 100.00% | 996 | 0.00% | 50,058,344 | 77.01% | 0 | 32,024,165 | 100.00% |
11 | To re-elect David Wild as a Director | 47,976,145 | 95.84% | 2,082,200 | 4.16% | 50,058,345 | 77.01% | 0 | 29,942,962 | 93.50% |
12 | To re-appoint PricewaterhouseCoopers LLP as auditors of the Company | 50,058,345 | 100.00% | 0 | 0.00% | 50,058,345 | 77.01% | 0 | ||
13 | To authorise the Directors to fix the remuneration of the auditors | 50,058,345 | 100.00% | 0 | 0.00% | 50,058,345 | 77.01% | 0 | ||
14 | To authorise the Directors to allot relevant securities in the capital of the Company up to an aggregate nominal amount of £216,667 | 50,058,345 | 100.00% | 0 | 0.00% | 50,058,345 | 77.01% | 0 | ||
15 | To authorise the Directors to disapply statutory pre‐emption rights up to a nominal amount of £32,500 | 49,210,845 | 98.31% | 847,500 | 1.69% | 50,058,345 | 77.01% | 0 | ||
16 | To authorise the Directors to disapply statutory pre‐emption rights up to an additional nominal amount of £32,500 in connection with an acquisition or specified capital investment | 49,209,848 | 98.30% | 848,496 | 1.70% | 50,058,344 | 77.01% | 0 | ||
17 | To authorise the Company to make market purchases of its ordinary shares | 47,975,148 | 95.84% | 2,083,196 | 4.16% | 50,058,344 | 77.01% | 0 | ||
18 | To authorise the Directors to call a general meeting other than an annual general meeting on not less than 14 clear days' notice | 49,919,108 | 99.72% | 139,237 | 0.28% | 50,058,345 | 77.01% | 0 |
Notes:
1. | Any proxy arrangement which gave discretion to the Chairman has been included in the "for" totals. |
2. | A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares 'For' or 'Against' any resolution. In accordance with Listing Rule 9.2.2, the votes of the shareholders and the independent shareholders are set out separately in the above table. |
3. | The number of shares in issue at 6.00pm on 3 May 2018 was 65,000,000 (the "Share Capital"). The Company does not hold any shares in treasury. |
In accordance with Listing Rule 9.6.2, copies of resolutions passed at the Meeting concerning items other than ordinary business will shortly be available for inspection on the National Storage Mechanism which can be accessed at www.morningstar.co.uk/uk/NSM.
Enquiries:
Ten Entertainment Group plc Duncan Garrood, Chief Executive Officer Antony Smith, Chief Financial Officer
| via Instinctif Partners |
Instinctif Partners Matthew Smallwood Tom Berger | Tel: 020 7457 2020 |