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Results of Annual General Meeting

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RNS Number : 5608W
Devro PLC
27 April 2016
 

Devro plc (the "Company")

ANNUAL GENERAL MEETING

VOTING RESULTS / AVAILABILITY OF CORRESPONDING

DOCUMENTS FOR PUBLIC INSPECTION

VOTING RESULTS

The Company announces that at its AGM held on 27 April 2016, all of the resolutions set out below were passed on a poll vote.  The votes recorded were as follows:

 

RESOLUTION

VOTES FOR

% OF VOTES CAST

VOTES AGAINST

% OF VOTES CAST

TOTAL VOTES CAST*

% OF TOTAL VOTING RIGHTS**

VOTES WITHHELD

1.     To receive the Company's accounts for the year ended 31 December 2015, together with the Directors' Report, the Strategic Report and the Auditors' Report on those accounts

129,148,821

99.08

1,193,167

0.92

130,341,988

78.08

2,982

2.     To declare a final dividend for the year ended 31 December 2015

129,151,281

99.08

1,193,167

0.92

130,344,448

78.08

522

3.     To re-elect as a Director Mr Gerard Hoetmer

108,119,262

99.01

1,077,599

0.99

109,196,861

65.41

21,148,109

4.     To re-elect as a Director Mr Peter Page

129,441,240

99.31

896,468

0.69

130,337,708

78.08

7,262

5.     To elect as a Director Mr Rutger Helbing

128,209,234

99.31

896,157

0.69

129,105,391

77.34

1,239,579

6.     To re-elect as a Director Ms Jane Lodge

128,863,032

98.88

1,461,923

1.12

130,324,955

78.07

20,015

7.     To re-elect as a Director Mr Paul Neep

127,490,326

97.83

2,830,226

2.17

130,320,552

78.07

24,418

8.     To re-elect as a Director Mr Paul Withers

130,145,269

99.86

186,149

0.14

130,331,418

78.07

13,552

9.     To re-appoint KPMG LLP as the Company's Auditors

129,643,390

99.47

690,900

0.53

130,334,290

78.08

10,680

10.  To authorise the Audit Committee of the Board to determine the Auditors' remuneration

130,312,197

99.98

26,003

0.02

130,338,200

78.08

6,550

11.  To approve the Remuneration Report for the year ended 31 December 2015

80,585,494

65.09

43,214,586

34.91

123,800,080

74.16

6,544,890

12.  To renew the Directors' authority to allot new shares

126,563,578

97.11

3,768,190

2.89

130,331,768

78.07

13,202

13.  To disapply pre-emption rights

127,839,968

99.28

928,189

0.72

128,768,157

77.14

1,576,813

14.  To renew the authority for the Company to purchase its own shares

129,661,543

99.48

671,593

0.52

130,333,136

78.08

10,051

15.  To approve a 14 day notice period for General Meetings other than Annual General Meetings

125,257,894

96.10

5,083,198

3.90

130,341,092

78.08

3,878

 

*  Total votes cast excludes votes withheld as a vote withheld is not a vote in law. 

** The total number of voting rights in the Company today, 27 April 2016 is 166,932,532.

 

The Board of Devro notes that, despite the resolution to approve the remuneration report being passed with the requisite majority, some 35% of votes were cast against the resolution.

 

The Company has engaged with shareholders to understand their concerns relating to the treatment of executives on cessation and will continue to consult on other remuneration matters going forward.

 

AVAILABILITY OF CORRESPONDING DOCUMENTS FOR PUBLIC INSPECTION

 

Pursuant to Listing Rule 9.6, the Company also confirms that a copy of all resolutions passed as special business at its AGM will shortly be made available for public inspection via the National Storage Mechanism.

 

 

27 April 2016

 

Enquiries:

Richard Mountain


FTI Consulting


Tel: 020 3727 1340

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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