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RNS Number : 4501F
Paddy Power Betfair plc
17 May 2017
 

17 May 2017

Paddy Power Betfair plc (the "Company")

Results of Annual General Meeting 2017

 

The Company announces that the following resolutions were approved at its Annual General Meeting held on Wednesday, 17 May 2017. All Board Directors were in attendance.

 

All resolutions as set out in the Notice of Meeting were duly passed on a poll. The number of votes for and against each of the resolutions put before the Meeting and the number of votes withheld were as follows:

 

Resolutions

Votes For1

Votes Against

Total votes

Votes Withheld2


No. of shares

%

No. of shares

%

No. of shares

No. of shares

1.  Following a review of the Company's affairs, to receive and consider the Company's Financial Statements for the year ended 31 December 2016 and the reports of the Directors and External Auditor thereon

60,437,447

99.92

47,299

0.08

60,484,746

1,022,309

2. To declare a final dividend for the year ended 31 December 2016 of 113 pence per ordinary share

61,502,386

100.00

0

0.00

61,502,386

4,669

3. To receive and consider the Directors' Remuneration Report for the year ended 31 December 2016

60,016,072

97.82

1,335,501

2.18

61,351,573

155,482

4(a). Re-election of Zillah Byng-Thorne as a Director

60,062,357

99.30

425,406

0.70

60,487,763

1,019,292

4(b). Re-election of Michael Cawley as a Director

61,141,706

99.41

360,198

0.59

61,501,904

5,151

4(c). Re-election of Breon Corcoran as a Director

61,368,708

99.78

133,200

0.22

61,501,908

5,147

4(d). Re-election of Ian Dyson as a Director

60,483,957

99.08

561,540

0.92

61,045,497

461,558

4(e). Re-election of Alex Gersh as a Director

61,178,927

99.47

322,981

0.53

61,501,908

5,147

4(f). Re-election of Peter Jackson as a Director

61,218,093

99.54

283,613

0.46

61,501,706

5,349

4(g). Re-election of Gary McGann as a Director

58,455,276

95.76

2,585,494

4.24

61,040,770

466,285

4(h). Re-election of Pádraig Ó Ríordáin as a Director

59,513,869

98.57

861,586

1.43

60,375,455

1,131,600

4(i). Re-election of Peter Rigby as a Director

61,186,499

99.49

314,689

0.51

61,501,188

5,867

5. Authority to the Directors to set the remuneration of the External Auditor

59,559,086

96.84

1,943,482

3.16

61,502,568

4,487

6. Authority to call extraordinary general meetings on 14 clear days' notice*

58,645,639

95.89

2,515,335

4.11

61,160,974

346,081

7.Authority to allot shares

61,419,853

99.87

82,654

0.13

61,502,507

4,548

8. Dis-application of pre-emption rights*

61,312,783

99.69

189,516

0.31

61,502,299

4,756

9. Authority to purchase own shares*

61,134,121

99.41

363,750

0.59

61,497,871

9,184

10. Authority to reissue Treasury Shares*

61,013,945

99.21

486,790

0.79

61,500,735

6,320

* Denotes Special Resolutions

 

NOTES:

1 Votes "For" and "Against" are expressed as a percentage of votes received. The "For" votes include those giving the Chairman discretion.

2 A vote "Withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" the resolution.

3 The total number of ordinary shares in issue, excluding Treasury Shares, on Monday, 15 May 2017 was 84,207,016.

 

The full text of the resolutions can be found in the Notice of Annual General Meeting, which is available for inspection at the UK's National Storage Mechanism www.morningstar.co.uk/uk/NSM and at the Irish Stock Exchange (see below) and also on the Company's website at www.paddypowerbetfair.com/investor-relations.    

 

A copy of the resolutions passed under special business (as defined by the listing rules of the UK Listing Authority) will shortly be submitted to the UK's National Storage Mechanism for inspection at www.morningstar.co.uk/uk/NSM and forwarded to the Irish Stock Exchange and available for inspection at:

 

Company Announcements Office

Irish Stock Exchange

28 Anglesea Street

Dublin 2

Ireland

 

Edward Traynor

Company Secretary

Paddy Power Betfair plc

 


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