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Annual General Meeting 2017 Results

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RNS Number : 9919F
Forterra plc
23 May 2017
 

Forterra plc

 

Annual General Meeting 2017 Results

 

The first Annual General Meeting of Forterra plc (the "Company") was held at the Hilton Hotel, 100 Watering Lane, Collingtree, Northampton, NN4 0XW on Tuesday 23rd May 2017 at 12:00pm.

 

All of the resolutions were voted upon by a show of hands and were passed by the requisite majority by shareholders. 

 

The full text of each resolution is contained in the notice of Annual General Meeting, which is available on the Company's website www.forterraplc.co.uk (with each resolution number below corresponding to the resolution number in the notice).

 

The number of Proxy votes for and against each of the resolutions put before the Annual General Meeting and the number of votes withheld were as follows. The total number of Ordinary shares in issue was 200,442,068 shares.

 

Resolution

Votes for

Votes Against

Total Votes Cast (excluding withheld)

Votes Withheld*

No of Shares

% of shares voted

No of Shares

% of shares voted


No of shares

Resolution 1

To receive and adopt the Annual Report and Accounts to 31 December 2016.

 

166,440,401

99.96%

65,494

0.04%

166,505,895

0

Resolution 2

To re-appoint Ernst & Young LLP as Auditor.

 

166,373,505

99.92%

132,390

0.08%

166,505,895

0

Resolution 3

To authorise the remuneration of the Auditor

 

166,447,143

99.96%

58,752

0.04%

166,505,895

0

Resolution 4

To declare the final dividend of 3.8 pence per Ordinary Share for the year ended 31 December 2016

 

166,505,895

100.00%

0

0.00%

166,505,895

0

Resolution 5

To re-elect Paul Lester as a Director

 

165,484,197

99.79%

351,297

0.21%

165,835,494

670,401

Resolution 6

To re-elect Stephen Harrison as a Director

 

166,414,805

99.95%

91,090

0.05%

166,505,895

0

Resolution 7

To re-elect Shatish Dasani as a Director

 

166,414,805

99.95%

91,090

0.05%

166,505,895

0

Resolution 8

To re-elect Justin Atkinson as a Director

 

 

166,488,443

99.99%

17,452

0.01%

166,505,895

0

Resolution 9

To re-elect Divya Seshamani as a Director

 

166,488,443

99.99%

17,452

0.01%

166,505,895

0

Resolution 12

To approve the Directors Remuneration Policy set out on pages 54 to 62 of the Annual Report

 

166,440.401

99.96%

65,494

0.04%

166,505,895

0

Resolution 13

To approve the Report of the Remuneration Committee (excluding the Remuneration Policy set out on pages 54-62 of the Annual Report)

 

162,936,847

99.34%

1,089,694

0.66%

164,026,541

2,479,354

Resolution 14

To authorise the Company to make political donations

 

165,254,495

99.25%

1,251,400

0.75%

166,505,895

0

Resolution 15

To authorise the Directors to allot share capital

 

166,487,443

99.99%

17,452

0.01%

166,504,895

1,000

Resolution 16 **

To disapply statutory exemption rights

 

165,255,895

99.25%

1,250,000

0.75%

166,505,895

0

Resolution 17 **

To disapply statutory exemption rights

 

165,190,401

99.21%

1,315,494

0.79%

166,505,895

0

Resolution 18 **

To authorise the Company to purchase its own shares

 

166,440,401

99.96%

65,494

0.04%

166,505,895

0

Resolution 19 **

To authorise the Company to hold general meetings (other than an Annual General meeting) with 14 clear days' notice

 

165,720,705

99.53%

783,190

0.47%

166,503,895

2,000

 

 

Resolutions 10 and 11 to re-elect Directors appointed by Lone Star Funds were withdrawn ahead of the meeting upon their resignation following Lone Star Funds selling their entire shareholding in the Company.

 

In accordance with the requirements of LR 9.6.3 and 9.6.18 copies of Resolutions 16-19 will shortly be available for inspection on the National Storage Mechanism which is located at http://www.morningstar.co.uk/uk/nsm

 

Notes:

 

*Votes 'withheld' are not votes under English law and so have not been included in the calculation of whether a resolution is carried.  Percentages have been rounded to two decimal places.

** Special resolution.

 

 

For further information contact:

 

Forterra plc                                                                            +44 (0)1604 707600

Ben Guyatt, Company Secretary                                                

 

FTI Consulting:

+44 (0)20 3727 1340

Richard Mountain


Nick Hasell


 

 


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