27 Apr 2017 16:37
27 April 2017
PERSIMMON PLC (THE 'COMPANY')
ANNUAL GENERAL MEETING RESULTS
At the Company's Annual General Meeting held on 27 April 2017 each of the resolutions set out in the Notice of Meeting dated 20 March 2017 was passed on a show of hands.
For information, a breakdown of proxy votes lodged prior to the meeting is available on the Company's website at https://www.persimmonhomes.com/corporate/investors/shareholder-information/meeting-information and a summary is set out below:-
Resolution | For | % For | Against | % Against | Total Votes | Votes Withheld | |
1 | Receive report and accounts | 192,485,730
| 98.68
| 2,409,822
| 1.24
| 195,057,465
| 257,812
|
2 | Approve Remuneration Policy | 187,471,448
| 96.67
| 6,289,667
| 3.24
| 193,921,917
| 1,392,829
|
3 | Approve Annual Report on Remuneration | 174,426,585
| 90.19
| 18,815,758
| 9.73
| 193,404,759
| 1,910,518
|
4 | Re-elect N Wrigley | 192,508,616
| 98.66
| 2,443,908
| 1.25
| 195,114,648
| 201,399
|
5 | Re-elect J Fairburn | 193,092,292
| 98.88
| 2,012,871
| 1.03
| 195,280,616
| 35,431
|
6 | Re-elect M Killoran | 193,482,946
| 99.08
| 1,634,151
| 0.84
| 195,280,221
| 35,826
|
7 | Re-elect D Jenkinson | 193,022,333
| 98.84
| 2,080,574
| 1.07
| 195,280,353
| 35,694
|
8 | Re-elect J Davie | 191,158,511
| 97.89
| 3,952,958
| 2.02
| 195,275,372
| 40,675
|
9 | Re-elect M Sears | 192,618,856
| 98.63
| 2,496,635
| 1.28
| 195,285,290
| 30,757
|
10 | Re-elect R Kentleton | 194,129,725
| 99.41
| 991,704
| 0.51
| 195,285,728
| 30,319
|
11 | Re-elect N Mills | 192,481,546
| 98.57
| 2,630,293
| 1.35
| 195,278,008
| 38,039
|
12 | Elect S Litherland | 194,678,139
| 99.70
| 413,060
| 0.21
| 195,257,493
| 58,554
|
13 | Re-appoint auditor and authorise Directors to determine their remuneration | 195,101,355
| 99.90
| 20,083
| 0.01
| 195,287,187
| 28,860
|
14 | Approve 2017 PSP | 184,689,982
| 95.23
| 9,075,814
| 4.68
| 193,940,590
| 1,372,021
|
15 | Approve purchase of property by Jeff Fairburn's son | 192,751,696
| 99.64
| 522,670
| 0.27
| 193,454,872
| 1,861,173
|
16 | Authority to allot shares | 186,357,407
| 95.87
| 7,854,976
| 4.04
| 194,379,991
| 936,056
|
17 | Authority to disapply pre-emption rights | 193,616,300
| 99.38
| 1,041,609
| 0.53
| 194,823,030
| 493,017
|
18 | Authority to disapply pre-emption rights on further 5% in specific circumstances | 188,224,016
| 96.62
| 6,426,427
| 3.30
| 194,815,911
| 500,136
|
19 | Authority to make market purchases of shares | 192,384,648
| 98.53
| 2,715,109
| 1.39
| 195,264,285
| 49,581
|
20 | Calling of a general meeting on not less than 14 days notice | 176,546,119
| 90.88
| 17,546,162
| 9.03
| 194,259,756
| 1,056,290
|
Copies of the resolutions dealing with special business passed at the Annual General Meeting have been sent to the National Storage Mechanism and will shortly be available for inspection.
T L Davison
Company Secretary
Notes:
(i) Discretionary votes representing less than 0.1% of the votes cast were also received on each resolution.
(ii) A "vote withheld" is not a vote in law and is not counted in the total number of votes cast on a resolution or in the calculation of the percentages of the votes cast for or against a resolution.
(iii) Resolutions 1-16 were ordinary resolutions and resolutions 17-20 were special resolutions.
(iv) The issued share capital of the Company on 27 April 2017 was 308,592,265 ordinary shares.
Persimmon (PSN)