28 Nov 2017 15:30
ANNUAL GENERAL MEETING: RESOLUTIONS
Ferguson plc (the "Company") is pleased to announce that, at its AGM held earlier today, shareholders passed each of the ordinary and special resolutions by the requisite majorities on a poll. The full text of each resolution is contained in the Notice of Annual General Meeting, which is available on the Company's website, www.fergusonplc.com.
The total number of votes cast for each resolution is set out in the table below. Resolutions 1 to 18 (inclusive) are ordinary resolutions and resolutions 19, 20 and 21 are special resolutions.
Resolution | For | %* | Against | %* | Votes Total | % Votes cast** | Votes Withheld*** |
1. To receive the Company's Annual Report and Accounts | 195,790,279 | 100.00 | 8,440 | 0.00 | 195,798,719 | 78.17% | 58,569 |
2. To approve the Directors' Remuneration Report | 190,565,944 | 98.61 | 2,685,822 | 1.39 | 193,251,766 | 77.15% | 2,605,522 |
3. To declare a final dividend | 195,798,713 | 99.98 | 46,838 | 0.02 | 195,845,551 | 78.19% | 11,737 |
4. To elect Kevin Murphy | 195,376,740 | 99.76 | 468,041 | 0.24 | 195,844,781 | 78.19% | 12,507 |
5. To elect Michael Powell | 194,006,061 | 99.06 | 1,838,460 | 0.94 | 195,844,521 | 78.19% | 12,767 |
6. To elect Nadia Shouraboura | 195,428,814 | 99.79 | 415,257 | 0.21 | 195,844,071 | 78.19% | 13,217 |
7. To re-elect Tessa Bamford | 195,429,173 | 99.79 | 415,229 | 0.21 | 195,844,402 | 78.19% | 12,886 |
8. To re-elect John Daly | 195,374,018 | 99.76 | 468,404 | 0.24 | 195,842,422 | 78.19% | 14,866 |
9. To re-elect Gareth Davis | 186,696,066 | 96.86 | 6,054,763 | 3.14 | 192,750,829 | 76.95% | 3,106,459 |
10. To re-elect Pilar López | 195,429,027 | 99.79 | 415,605 | 0.21 | 195,844,632 | 78.19% | 12,656 |
11. To re-elect John Martin | 195,373,492 | 99.76 | 471,039 | 0.24 | 195,844,531 | 78.19% | 12,757 |
12. To re-elect Alan Murray | 195,383,433 | 99.76 | 461,309 | 0.24 | 195,844,742 | 78.19% | 12,546 |
13. To re-elect Darren Shapland | 195,323,424 | 99.73 | 521,259 | 0.27 | 195,844,683 | 78.19% | 12,605 |
14. To re-elect Jacqueline Simmonds | 194,579,223 | 99.35 | 1,265,034 | 0.65 | 195,844,257 | 78.19% | 13,031 |
15. To reappoint Deloitte LLP as auditors | 195,696,296 | 99.92 | 147,215 | 0.08 | 195,843,511 | 78.19% | 13,777 |
16. To authorise the Audit Committee to agree the auditor's remuneration | 195,831,467 | 100.00 | 7,840 | 0.00 | 195,839,307 | 78.18% | 17,981 |
17. Authority of limited political expenditure and political donations | 194,290,880 | 99.23 | 1,501,880 | 0.77 | 195,792,760 | 78.17% | 64,528 |
18. Authority to allot securities | 186,236,026 | 95.09 | 9,608,249 | 4.91 | 195,844,275 | 78.19% | 13,013 |
19. Authority to disapply pre-emption rights | 195,551,224 | 99.89 | 219,289 | 0.11 | 195,770,513 | 78.16% | 86,775 |
20. Additional authority to disapply pre-emption rights for specified capital investment | 186,945,260 | 95.49 | 8,825,108 | 4.51 | 195,770,368 | 78.16% | 86,920 |
21. Authority to purchase own shares | 193,098,051 | 98.68 | 2,581,938 | 1.32 | 195,679,989 | 78.12% | 177,299 |
* percentage of votes cast excludes withheld votes
** percentage of issued share capital (excluding 16,152,365 treasury shares)
*** a vote withheld is not a vote in law and is not counted in the calculation of the proportion of the votes "For" or "Against" a resolution
As at 26 November 2017, the Company:
(i) had 266,636,106 issued ordinary shares of 1053/66 pence, each ordinary share having one vote;
(ii) held 16,152,365 ordinary shares in treasury. The voting rights of treasury shares are automatically suspended; and
(iii) accordingly, had total voting rights of 250,483,741.
For further information please contact:
Graham Middlemiss, Group Company Secretary
+ 41 (0) 41 723 22 30
Ferguson (FERG)