30 Oct 2014 15:04
Ashmore Group plc
30 October 2014
Results of Annual General Meeting ("AGM")
The Board of Ashmore Group plc (the "Company"), is pleased to announce that at the AGM of the Company held earlier today all resolutions were duly passed on a poll. All of the resolutions are accordingly declared as carried. Resolutions 3, 6, 7, 8 and 9, relating to the election of Independent Non-executive Directors, are carried by a majority of votes cast by both Independent Shareholders as well as by a majority of votes cast by all Shareholders.
The results of the poll on each resolution was as follows:
FOR | AGAINST | ABSTAIN* | TOTAL VOTE | % age Total of Votes in Favour | |
Resolution Number | No. of Votes
| No. of Votes
| No. of Votes
| ||
1. To receive and adopt the Report and Accounts for the year ended 30 June 2013 | 573,820,980 | 1,000 | 253,797 | 573,821,980 | 100.00% |
2. To declare a final dividend for the year ended 30 June 2013 of 11.75 pence per Ordinary Share | 573,835,171 | 0 | 240,606 | 573,835,171 | 100.00% |
3. To re-elect Michael Benson as a Director ( all shareholders) | 571,211,819 | 2,623,352 | 240,606 | 573,835,171 | 99.54% |
3. To re-elect Michael Benson as a Director (independent shareholders) | 282,637,619 | 2,623,352 | 240,606 | 285,260,971 | 99.08% |
4. To re-elect Mark Coombs as a Director | 573,830,374 | 4,797 | 240,606 | 573,835,171 | 100.00% |
5. To elect Tom Shippey as a Director | 573,491,077 | 344,094 | 240,606 | 573,835,171 | 99.94% |
6. To re-elect Nick Land as a Director (all shareholders) | 573,730,040 | 105,131 | 240,606 | 573,835,171 | 99.98% |
6.To re-elect Nick Land as a Director ( independent shareholders) | 285,155,840 | 105,131 | 240,606 | 285,260,971 | 99.96% |
7. To re- elect Simon Fraser as a Director (all shareholders) | 573,402,721 | 432,450 | 240,606 | 573,835,171 | 99.92% |
7. To re- elect Simon Fraser as a Director (independent shareholders) | 284,828,521 | 432,450 | 240,606 | 285,260,971 | 99.85% |
8. To re-elect Charles Outhwaite as a Director ( all shareholders) | 573,807,907 | 27,264 | 240,606 | 573,835,171 | 100.00% |
8. To re-elect Charles Outhwaite as a Director (independent shareholders) | 285,233,707 | 27,264 | 240,606 | 285,260,971 | 99.99% |
9. To elect Dame Anne Pringle as a Director (all shareholders) | 573,830,484 | 4,687 | 240,606 | 573,835,171 | 100.00% |
9. To elect Dame Anne Pringle as a Director (independent shareholders) | 285,256,284 | 4,687 | 240,606 | 285,260,971 | 100.00% |
10. To approve the Remuneration policy for the year ended 30 June 2014 | 469,111,535 | 101,266,631 | 3,697,611 | 570,378,166 | 82.25% |
11. To approve the Remuneration report for the year ended 30 June 2014 | 567,980,844 | 5,848,874 | 246,059 | 573,829,718 | 98.98% |
12. To appoint KPMG LLP as auditors | 571,176,331 | 2,656,288 | 243,158 | 573,832,619 | 99.54% |
13. To authorise the Directors to agree the remuneration of the auditors | 573,621,265 | 213,906 | 240,606 | 573,835,171 | 99.96% |
14. To authorise political donations and political expenditure | 573,339,768 | 495,403 | 240,606 | 573,835,171 | 99.91% |
15. To authorise the Directors to allot shares | 569,540,805 | 4,284,913 | 250,059 | 573,825,718 | 99.25% |
16. To authorise the dis-application of pre-emption rights ** | 572,376,088 | 1,450,726 | 248,963 | 573,826,814 | 99.75% |
17. To authorise market purchases of shares** | 573,817,812 | 16,256 | 241,709 | 573,834,068 | 100.00% |
18. To approve the renewal of the waiver of the obligation under Rule 9 of the Takeover Code *** | 218,086,251 | 63,702,715 | 292,286,811 | 281,788,966 | 77.39% |
19. To reduce the notice period for general meetings other than an Annual General Meeting** | 564,769,616 | 6,315,967 | 2,990,194 | 571,085,583 | 98.89% |
* 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.
** Indicates Special Resolutions requiring a 75% majority
*** Mark Coombs has not voted on Resolution 18 as an interested party
Following the conclusion of the annual general meeting, Melda Donnelly has retired from the Board.
The above summary of proxy votes will shortly be available on the Company's website, www.ashmoregroup.com.
For further details, please contact :
Michael Perman
Company Secretary
Ashmore Group plc
61, Aldwych
London WC2B 4AE
(T) +44 (0)20 3077 6190
(F) +44 (0)20 3077 6001
(E) michael.perman@ashmoregroup.com
END
Ashmore (ASHM)