23 Sep 2011 16:14
23 September 2011
WYG plc ('Company')
2011 Annual General Meeting
Result of AGM
The Annual General Meeting of WYG plc was held at WYG plc, Arndale Court, Otley Road, Headingley, Leeds LS6 2UJ on 23 September 2011 at 2pm.
All 12 resolutions put to members were carried on a poll. Resolutions 1 to 6 and 10 were passed as ordinary resolutions and resolutions 7, 8, 9, 11 and 12 were passed as special resolutions.
The number of votes cast for and against each of the resolutions proposed, and the number of votes withheld was as follows:
Resolution | Votes for | % | Votes against | % | Votes withheld |
1. To receive the 2011 Annual report | 58,115,631 | 99.99 | 215 | 0.01 | 155 |
2.To approve the Directors' Remuneration Report | 46,414,861 | 88.54 | 6,000,467 | 11.46 | 5,700,673 |
3. To re-elect Mike McTighe | 52,115,615 | 99.99 | 365 | 0.01 | 6,000,021 |
4.To re-elect David Wilton | 58,115,379 | 99.99 | 454 | 0.01 | 168 |
5. To re-appoint PwC as auditors | 58,115,733 | 99.99 | 243 | 0.01 | 25 |
6. To fix the auditors remuneration | 58,155,732 | 99.99 | 250 | 0.01 | 19 |
7. To approve the share buyback | 58,115,819 | 99.99 | 163 | 0.01 | 19 |
8. To approve the cancellation of the capital redemption reserve. | 58,115,812 | 99.99 | 162 | 0.01 | 27 |
9. To approve the cancellation of the share premium account. | 58,115,605 | 99.99 | 369 | 0.01 | 27 |
10. To authorise the Directors to allot shares | 58,113,148 | 99.99 | 32 | 0.01 | 2,821 |
11. To authorise the dis-application of pre-emption rights. | 57,152,367 | 99.34 | 960,812 | 1.66 | 2,822 |
12. To authorize the market purchase of the Companies own shares | 58,115,813 | 99.99 | 22 | 0.01 | 166 |
As at 23 September 2011, there were 64,705,797 ordinary shares in issue. Shareholders are entitled to one vote per share. Votes withheld are not votes in law and so have not been included in the calculation of the proportion of votes for and against a resolution.
ENDS
WYG plc Tel: 0113 278 7111
Paul Hamer, Chief Executive Officer
David Wilton, Group Finance Director
MHP Communications Tel: 020 3128 8100
John Olsen
Katie Hunt
James White
Numis Securities Limited Tel: 020 7260 1000
Stuart Skinner (Nominated Adviser)
David Poutney (Corporate Broker)