6 May 2016 14:23
Morgan Advanced Materials plc
RESULTS OF ANNUAL GENERAL MEETING
Morgan Advanced Materials plc confirms that all resolutions set out in the notice of its 2016 Annual General Meeting were duly passed by the requisite number of shareholders on a poll, at the meeting held on 6 May 2016.
The poll results of each resolution are set out below. The number of the Company's Ordinary shares carrying the right to vote at the meeting was 285,369,988. Each share carried one vote.
Resolution | Votes For (see note 1) | Votes Against (see note 1) | Votes Withheld (see note 2) | Total Votes Cast (excl. withheld votes) | % of total issued share capital voted (excl. withheld votes) | ||
Number of shares | % of total voted | Number of shares | % of total voted | ||||
1. To receive the audited accounts and the Auditor's and Directors' Reports for the year ended 31 December 2015 | 229,330,218 | 99.93 | 158,849 | 0.07 | 1,024,071 | 229,489,067 | 80.42 |
2. To approve the Directors' remuneration policy | 226,953,437 | 98.86 | 2,627,217 | 1.14 | 932,484 | 229,580,654 | 80.45 |
3. To approve the Directors' Remuneration Report for the year ended 31 December 2015 | 226,127,081 | 98.56 | 3,312,076 | 1.44 | 1,073,981 | 229,439,157 | 80.40 |
4. To approve an amendment to the Long-Term Incentive Plan | 226,951,128 | 98.85 | 2,632,434 | 1.15 | 929,576 | 229,583,562 | 80.45 |
5. To declare a final dividend of 7.0 pence per Ordinary share | 229,644,374 | 100.00 | 5,080 | 0.00 | 863,684 | 229,649,454 | 80.47 |
6. To re-elect Andrew Shilston as a Director | 228,963,090 | 99.77 | 517,314 | 0.23 | 1,032,734 | 229,480,404 | 80.42 |
7. To re-elect Douglas Caster as a Director | 229,249,065 | 99.84 | 368,309 | 0.16 | 895,764 | 229,617,374 | 80.46 |
8. To elect Pete Raby as a Director | 222,964,580 | 97.11 | 6,642,827 | 2.89 | 905,731 | 229,607,407 | 80.46 |
9. To elect Helen Bunch as a Director | 229,563,763 | 99.98 | 38,173 | 0.02 | 911,202 | 229,601,936 | 80.46 |
10. To re-elect Rob Rowley as a Director | 227,948,640 | 99.27 | 1,668,094 | 0.73 | 896,404 | 229,616,734 | 80.46 |
11. To reappoint KPMG LLP as auditor of the Company | 225,502,127 | 98.27 | 3,977,244 | 1.73 | 1,033,767 | 229,479,371 | 80.41 |
12. To authorise the Audit Committee to determine the auditor's remuneration | 229,610,920 | 99.99 | 27,577 | 0.01 | 874,641 | 229,638,497 | 80.47 |
13. To authorise the Company and its subsidiaries to make political donations | 227,309,936 | 99.00 | 2,302,422 | 1.00 | 900,780 | 229,612,358 | 80.46 |
14. To authorise the Directors to allot shares | 227,200,690 | 99.06 | 2,146,136 | 0.94 | 1,166,312 | 229,346,826 | 80.37 |
15.* To empower the Directors to disapply pre-emption rights | 176,072,472 | 83.47 | 34,864,531 | 16.53 | 19,576,135 | 210,937,003 | 73.92 |
16.* To enable the Company to convene a general meeting (other than AGMs) on at least 14 days' notice | 219,702,524 | 95.67 | 9,937,773 | 4.33 | 872,841 | 229,640,297 | 80.47 |
In accordance with Listing Rule 9.6.2, copies of the resolutions passed by Morgan Advanced Materials plc shareholders concerning items other than ordinary business have been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.
Notes:
1. Votes "for" and "against" are expressed as a percentage of votes received. Votes "for" include those at the Chairman's discretion.
2. Votes "withheld" are not votes in law and, therefore, have not been included in the calculation of the proportion of votes "for" or "against" a resolution.
* Indicates special resolution.
Enquiries: Stephanie Mackie
Telephone: 01753 837000
Morgan Advanced Materials (MGAM)