Last checked at 10 Jun 2020 14:14
FOR IMMEDIATE RELEASE | 10 June 2020 |
WPP PLC ("WPP")
Results of AGM
WPP held its Annual General Meeting (AGM) at 12 noon on Wednesday 10 June 2020 at Sea Containers House, 18 Upper Ground, London SE1 9GL.
As a result of the Covid-19 pandemic and continuing restrictions on public gatherings, the AGM was held as a closed meeting attended by the minimum necessary quorum of two qualifying persons (being shareholders present in person, by proxy or by authorised representative). All valid proxy votes (whether submitted electronically or in hard copy form) were included in the poll taken at the meeting.
All resolutions were passed at the AGM and the results of the poll are set out below. The full text of the resolutions proposed at the AGM is included in WPP's Notice of AGM published on 29 April 2020, which is available on WPP's website at: www.wpp.com/investors.
Resolution | TotalVotesFor | % | Total Votes Against | % | TotalVotesCast | Votes Withheld |
1 Ordinary Resolution to receive the 2019 Annual Report and Accounts | 961,551,169 | 97.69 | 22,771,549 | 2.31 | 984,322,718 | 4,911,813 |
2 Ordinary Resolution to approve the Compensation Committee report | 874,512,819 | 90.72 | 89,440,199 | 9.28 | 963,953,018 | 25,281,512 |
3 Ordinary Resolution to approve the Directors Compensation Policy | 885,129,086 | 90.76 | 90,096,398 | 9.24 | 975,225,484 | 14,009,046 |
4 Ordinary Resolution to elect John Rogers as a director | 961,367,842 | 99.82 | 1,767,191 | 0.18 | 963,135,033 | 26,099,499 |
5 Ordinary Resolution to elect Sandrine Dufour as a director | 955,952,556 | 99.26 | 7,160,489 | 0.74 | 963,113,045 | 26,121,486 |
6 Ordinary Resolution to elect Keith Weed as a director | 966,828,646 | 99.94 | 565,682 | 0.06 | 967,394,328 | 21,840,204 |
7 Ordinary Resolution to elect Jasmine Whitbread as a director | 964,847,350 | 99.74 | 2,518,170 | 0.26 | 967,365,520 | 21,869,012 |
8 Ordinary Resolution to re-elect Roberto Quarta as a director | 953,718,535 | 96.44 | 35,216,183 | 3.56 | 988,934,718 | 299,813 |
9 Ordinary Resolution to re-elect Dr Jacques Aigrain as a director | 943,842,705 | 97.57 | 23,523,496 | 2.43 | 967,366,201 | 21,868,331 |
10 Ordinary Resolution to re-elect Tarek Farahat as a director | 961,136,287 | 99.36 | 6,226,538 | 0.64 | 967,362,825 | 21,871,707 |
11 Ordinary Resolution to re-elect Mark Read as a director | 966,745,911 | 97.76 | 22,175,518 | 2.24 | 988,921,429 | 313,103 |
12 Ordinary Resolution to re-elect Cindy Rose OBE as a director | 961,280,976 | 99.37 | 6,086,762 | 0.63 | 967,367,738 | 21,866,794 |
13 Ordinary Resolution to re-elect Nicole Seligman as a director | 938,000,421 | 94.85 | 50,918,675 | 5.15 | 988,919,096 | 315,436 |
14 Ordinary Resolution to re-elect Sally Susman as a director | 962,386,848 | 99.93 | 634,837 | 0.07 | 963,021,685 | 26,212,847 |
15 Ordinary Resolution to re-appoint Deloitte LLP as the auditors | 939,812,355 | 97.14 | 27,622,756 | 2.86 | 967,435,111 | 21,799,419 |
16 Ordinary Resolution to authorise the Audit Committee to determine the auditors' remuneration | 951,752,243 | 98.38 | 15,692,944 | 1.62 | 967,445,187 | 21,789,344 |
17 Ordinary Resolution to authorise the directors to allot relevant securities | 894,394,563 | 92.46 | 72,913,434 | 7.54 | 967,307,997 | 21,926,535 |
18 Special Resolution to authorise the Company to purchase its own shares | 954,824,565 | 98.75 | 12,090,003 | 1.25 | 966,914,568 | 22,319,962 |
19 Special Resolution to authorise the disapplication of pre-emption rights | 906,937,647 | 93.80 | 59,971,629 | 6.20 | 966,909,276 | 22,325,256 |
Notes:
(1) The "for" votes include those giving the Chairman discretion.
(2) Total votes "for" and "against" are expressed as a percentage of the total votes cast.
(3) 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.
(4) Issued Share Capital (excluding Treasury Shares): 1,225,329,072 ordinary shares.
The above poll results will shortly be available on WPP's website at www.wpp.com/investors. In accordance with Listing Rule 9.6.2 a copy of the resolutions, other than those concerning ordinary business, will be submitted to the FCA and will in due course be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
Contact:
Chris Wade, WPP
+44(0) 20 7282 4600
ENDS