Last checked at 13 May 2016 15:15
Tribal Group plc
Result of Annual General Meeting
At the Annual General Meeting of the members of Tribal Group plc duly convened and held on Friday 13 May 2016 a show of hands was held on each resolution proposed, which were passed with large majorities:
No. | Description | For | % | Against | % | Withheld |
1 | Report & Accounts | 133,213,537 | 99.99 | 4,405 | 0.01 | 1,972 |
2 | Remuneration Report | 129,723,638 | 97.41 | 3,443,708 | 2.59 | 52,568 |
3 | Re-appoint Deloitte | 133,203,602 | 99.99 | 16,312 | 0.01 | 0 |
4 | Auditor's Remuneration | 133,214,981 | 99.99 | 2,961 | 0.01 | 1,972 |
5 | Elect Ian Bowles | 133,195,496 | 99.99 | 12,257 | 0.01 | 12,161 |
6 | Re-elect Steve Breach | 122,570,156 | 92.01 | 10,637,597 | 7.99 | 12,161 |
7 | Elect Richard Last | 133,204,352 | 99.99 | 10,833 | 0.01 | 4,729 |
8 | Elect Roger McDowell | 116,258,363 | 87.28 | 16,944,822 | 12.72 | 16,729 |
9 | Re-elect David Egan | 133,228,949 | 99.99 | 14,236 | 0.01 | 16,729 |
10 | Authority to allot shares | 113,685,530 | 85.34 | 19,534,223 | 14.66 | 161 |
11 | Disapply pre-emption rights | 133,155,173 | 99.95 | 64,540 | 0.05 | 201 |
12 | Purchase of own shares | 133,122,245 | 99.93 | 97,629 | 0.07 | 40 |
13 | Notice period for General Meetings | 129,620,914 | 97.30 | 3,598,839 | 2.70 | 161 |
Resolutions 11, 12 and 13 were passed as special resolutions.
The votes withheld are not a vote in law and are not counted in the overall voting figures.
Number of shares in issue: 195,380,299
Further detail on the figures can be found at www.tribalgroup.com, in the Investors section.
Special business
The Resolutions set out below were duly passed as special business:
12. To consider and if thought fit pass the following resolution as a Special Resolution:
"That, in accordance with Article 11 of its Articles of Association, the Company is generally and unconditionally authorised for the purposes of section 701 of the 2006 Act to make market purchases (as defined in section 693(4) of the 2006 Act) of ordinary shares of 5p each in the Company ("Ordinary Shares") on such terms and in such manner as the directors of the Company may from time to time determine provided that:
(a) the maximum number of Ordinary Shares that may be purchased pursuant to this authority is 19,538,029;
(b) the maximum price which may be paid for an Ordinary Share purchased pursuant to this authority is an amount equal to 105 per cent. of the average of the middle market quotation of the Company's Ordinary Shares as derived from the London Stock Exchange Daily Official List for the five business days immediately preceding the day on which that share is purchased and the minimum price which may be paid is 5p per Ordinary share (in each case exclusive of expenses payable by the Company); and
(c) this authority will expire at the conclusion of the annual general meeting of the Company to be held in 2017 unless renewed or extended before that time, but the Company may enter into a contract for the purchase of its Ordinary Shares under this authority before its expiry which will or may be completed wholly or partly after the expiry of this authority and may make a purchase of Ordinary Shares in pursuance of any such contract."
13. To consider and if thought fit pass the following resolution as a Special Resolution:
"That a General Meeting other than an Annual General Meeting may be called on not less than 14 clear days' notice."
ENQUIRIES:
Tribal Group plc | Tel: 0845 123 6001 |
Rob Ewin, Company Secretary | |
Stephen Breach, Group Finance Director | |