8 May 2018 16:41
08 May 2018
Global Ports Holding PLC
Results of Annual General Meeting
At the first Annual General Meeting of the Company held on 8 May 2018, all resolutions put to shareholders were duly passed on a poll with the required majorities. The full text of each resolution is contained in the Notice of Annual General Meeting. Resolutions 1 to 16 (inclusive) were passed as ordinary resolutions. Resolutions 17 to 20 (inclusive) were passed as special resolutions.
As at the close of business on 4 May 2018, the Company had 62,826,963 ordinary shares of £0.01 each in issue (with no shares held in treasury).
The final votes received in respect of each resolution put to the meeting were as set out below.
| Votes for(includingdiscretionaryvotes) | %Votesfor | Votesagainst | %Votesagainst | Total numberof votesvalidly cast | % of theCompany'sissued sharecapitalrepresented byvotes validly cast | Voteswithheld* | ||
Ordinary Resolutions |
|
|
|
|
|
|
| ||
1. | To receive the annual report and accounts | 48,998,009 | 100.00 | 0 | 0.00 | 48,998,009 | 77.99% | 0 | |
2. | To approve the Directors' remuneration report | 48,995,123 | 99.99 | 2,549 | 0.01 | 48,997,672 | 77.99% | 337 | |
3. | To approve the Company's remuneration policy | 48,995,595 | 100.00 | 2,077 | 0.00 | 48,997,672 | 77.99% | 337 | |
4. | To approve the long term incentive share plan | 48,995,995 | 100.00 | 1,677 | 0.00 | 48,997,672 | 77.99% | 337 | |
5. | Subject to the passing of Resolution 3, to set as £1,500,000 the maximum amount of aggregate fees which may be paid to the Company's Directors | 48,994,379 | 100.00 | 1,942 | 0.00 | 48,996,321 | 77.99% | 1,688 | |
6. | To declare a final dividend | 48,997,753 | 100.00 | 256 | 0.00 | 48,998,009 | 77.99% | 0 | |
7. | To reappoint Mehmet Kutman as a Director | 48,997,075 | 100.00 | 934 | 0.00 | 48,998,009 | 77.99% | 0 | |
8. | To reappoint Ayşegül Bensel as a Director | 48,996,908 | 100.00 | 1,101 | 0.00 | 48,998,009 | 77.99% | 0 | |
9. | To reappoint the Rt. Hon. Peter Benjamin Mandelson as a Director | 48,996,368 | 100.00 | 1,641 | 0.00 | 48,998,009 | 77.99% | 0 | |
10. | To reappoint Thierry Déau as a Director | 48,997,075 | 100.00 | 934 | 0.00 | 48,998,009 | 77.99% | 0 | |
11. | To reappoint Jérôme Bernard Jean Auguste Bayle as a Director | 48,997,075 | 100.00 | 934 | 0.00 | 48,998,009 | 77.99% | 0 | |
12. | To reappoint Thomas Josef Maier as a Director | 48,996,908 | 100.00 | 1,101 | 0.00 | 48,998,009 | 77.99% | 0 | |
13. | To reappoint Ercan Nuri Ergül as a Director | 48,997,075 | 100.00 | 934 | 0.00 | 48,998,009 | 77.99% | 0 | |
14. | To reappoint Deloitte LLP of 2 New Street Square, London EC4A 3B2, United Kingdom as the Company's auditor | 48,996,570 | 100.00 | 1,439 | 0.00 | 48,998,009 | 77.99% | 0 | |
15. | To authorise the Audit and Risk Committee of the Board to fix the remuneration of the auditors | 48,997,483 | 100.00 | 526 | 0.00 | 48,998,009 | 77.99% | 0 | |
16. | To give authority to allot securities up to a specified amount | 48,994,926 | 100.00 | 732 | 0.00 | 48,995,658 | 77.99% | 2,351 | |
Special Resolutions |
|
|
|
|
|
|
|
| |
17. | To disapply statutory pre-emption rights for an allotment of equity securities for cash, up to a nominal amount not exceeding 5% of the Company's issued ordinary share capital | 46,410,954 | 94.72 | 2,585,704 | 5.28 | 48,996,658 | 77.99% | 1,351 | |
18. | To disapply statutory pre-emption rights for an allotment of equity securities for cash used only for the purposes of financing an acquisition or capital investment only, up to a nominal amount not exceeding 5% of the Company's issued ordinary share capital | 48,994,724 | 100.00 | 1,934 | 0.00 | 48,996,658 | 77.99% | 1,351 | |
19. | To give authority to make market purchases of the Company's shares | 48,996,993 | 100.00 | 1,016 | 0.00 | 48,998,009 | 77.99% | 0 | |
20. | To permit General Meetings on not less than 14 clear days' notice | 48,997,709 | 100.00 | 300 | 0.00 | 48,998,009 | 77.99% | 0 | |
*A vote "withheld" is not a vote in law. Votes "withheld" were not counted in the calculation of the proportion of the votes for and against each of the resolutions.
In accordance with the Listing Rules, a copy of the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will be available for inspection at www.morningstar.co.uk/uk/NSM.
Full details of the poll results will also be available on the Company's website: www.globalportsholding.com
Enquiries:
Global Ports Holding, Company Secretary
Alison Chilcott, Company Secretary
Telephone: +44 (0)7752 169 354
Email: alisonc@globalportsholding.com
Global Ports (GPH)