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Result of AGM

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RNS Number : 5709F
Prudential PLC
18 May 2017
 

18 May 2017

 

Prudential plc 

 

Results of Annual General Meeting held on 18 May 2017

 

Prudential plc (the "Company") announces that at its Annual General Meeting ("AGM") held earlier today, Resolutions 1 to 23 (inclusive) and Resolution 25 as ordinary resolutions together with Resolution 24 and Resolutions 26 to 28 (inclusive) as special resolutions, were duly passed and the results of the polls are as follows:

 


RESOLUTION

VOTES FOR

% OF VOTES CAST

VOTES AGAINST

% OF VOTES CAST

VOTES CAST IN TOTAL

TOTAL VOTES CAST AS A % OF ISSUED SHARE CAPITAL

VOTES WITHHELD

1.  

To receive and consider the 2016 Accounts, Strategic Report, Directors' Remuneration Report, Directors' Report and the Auditor's Report

1,966,556,784

98.67

26,526,323

1.33

1,993,083,107

77.08%

8,014,927

2.  

To approve the Directors' Remuneration Report

1,754,440,188

88.86

219,921,823

11.14

1,974,362,011

76.36%

26,736,043

3.  

To approve the revised Directors' Remuneration Policy

1,773,691,171

90.71

181,582,497

9.29

1,955,273,668

75.62%

45,820,585

4.  

To elect Ms Anne Richards as a Director

1,967,454,791

98.36

32,739,179

1.64

2,000,193,970

77.35%

899,671

5.  

To re-elect Sir Howard Davies as a Director

1,990,681,401

99.50

9,958,661

0.50

2,000,640,062

77.37%

454,192

6.  

To re-elect Mr John Foley as a Director

1,965,220,046

98.25

35,028,348

1.75

2,000,248,394

77.36%

842,709

7.  

To re-elect Ms Penelope James as a Director

1,967,893,459

98.38

32,362,144

1.62

2,000,255,603

77.36%

833,103

8.  

To re-elect Mr David Law as a Director

1,987,255,572

99.33

13,362,258

0.67

2,000,617,830

77.37%

470,876

9.  

To re-elect Mr Paul Manduca as a Director

1,920,641,103

97.16

56,190,258

2.84

1,976,831,361

76.45%

24,257,344

10. 

To re-elect Mr Kaikhushru Nargolwala as a Director

1,990,836,919

99.51

9,786,059

0.49

2,000,622,978

77.37%

465,728

11. 

To re-elect Mr Nicolaos Nicandrou as a Director

1,963,544,034

98.17

36,696,147

1.83

2,000,240,181

77.36%

848,526

12. 

To re-elect Mr Anthony Nightingale as a Director

1,718,401,954

87.61

242,916,315

12.39

1,961,318,269

75.85%

39,770,435

13. 

To re-elect Mr Philip Remnant as a Director

1,988,088,295

99.37

12,539,167

0.63

2,000,627,462

77.37%

458,094

14. 

To re-elect Ms Alice Schroeder as a Director

1,991,674,724

99.55

8,953,235

0.45

2,000,627,959

77.37%

460,747

15. 

To re-elect Mr Barry Stowe as a Director

1,965,208,312

98.25

35,047,693

1.75

2,000,256,005

77.36%

832,343

16. 

To re-elect Lord Turner as a Director

1,991,468,855

99.54

9,160,459

0.46

2,000,629,314

77.37%

459,392

17. 

To re-elect Mr Michael Wells as a Director

1,970,572,736

98.52

29,679,988

1.48

2,000,252,724

77.36%

835,982

18. 

To re-elect Mr Tony Wilkey as a Director

1,965,202,147

98.25

35,045,181

1.75

2,000,247,328

77.36%

841,378

19. 

To re-appoint KPMG LLP as the Company's auditor

1,897,117,735

94.82

103,550,380

5.18

2,000,668,115

77.37%

420,590

20. 

To authorise the Audit Committee to determine the amount of the auditor's remuneration

1,966,683,371

98.30

33,983,275

1.70

2,000,666,646

77.37%

422,059

21. 

To renew the authority to make political donations

1,970,182,108

98.91

21,745,855

1.09

1,991,927,963

77.03%

9,160,246

22. 

To renew the authority to allot ordinary shares

1,958,674,914

97.89

42,166,325

2.11

2,000,841,239

77.38%

244,317

23. 

To renew the extension of authority to allot ordinary shares to include repurchased shares

1,980,422,016

98.98

20,402,338

1.02

2,000,824,354

77.38%

261,202

24. 

To renew the authority for disapplication of pre-emption rights

1,984,941,410

99.53

9,336,092

0.47

1,994,277,502

77.13%

6,808,054

25. 

To authorise the issuance of mandatory convertible securities (MCS)

1,965,490,835

98.24

35,265,306

1.76

2,000,756,141

77.38%

329,414

26. 

To authorise the disapplication of pre-emption rights in connection with an issuance of MCS

1,937,664,738

97.16

56,538,311

2.84

1,994,203,049

77.12%

6,882,506

27. 

To renew the authority for purchase of own shares

1,970,477,730

98.60

28,023,335

1.40

1,998,501,065

77.29%

2,587,640

28. 

To renew the authority in respect of notice for general meetings

1,848,748,143

92.81

143,149,083

7.19

1,991,897,226

77.03%

9,188,331

 

 

Ann Godbehere did not stand for re-election as a Director of the Company, and retired from the Board with effect from the conclusion of the AGM.

 

As at 6.00pm on 16 May 2017, the number of issued shares of the Company was 2,585,759,773 ordinary shares, which was the total number of shares entitling the holders to attend and vote for or against all the resolutions at the AGM.  In accordance with the Company's Articles of Association, on a poll every member present in person or by proxy has one vote for every share held.

 

There were no restrictions on shareholders to cast votes on any of the resolutions proposed at the AGM. Votes withheld are not votes in law and therefore have not been counted in the calculation of the proportion of the votes for and against a resolution.

 

Copies of all resolutions, other than those concerning ordinary business, passed at the AGM on 18 May 2017 have, pursuant to Listing Rule 9.6.2 of the UK Listing Rules, been submitted to the National Storage Mechanism and will shortly be available to view at http://www.morningstar.co.uk/uk/NSM 

 

 

 

Additional Information:

Prudential plc is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America.

 

Contact:          

Chris Smith, Deputy Company Secretary, +44 (0)20 7548 2115

Alan F. Porter, Group General Counsel and Company Secretary

 

 

 

 

 


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