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Company Announcements

Result of AGM

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By LSE RNS

RNS Number : 6452J
Stobart Group Limited
29 June 2017
 

29 June 2017

 

STOBART GROUP LIMITED

('Stobart' or 'the Group')

 

Result of AGM

 

Stobart Group Ltd, the Infrastructure and Support Services Group, announces that at its Annual General Meeting, held at 12.00 noon today, all resolutions proposed to the Meeting (as set out in the Notice of Meeting) were passed on a show of hands.

 Details of proxy voting instructions lodged prior to the meeting are set out below:

 

Resolution

For

(number of votes)

Discretion

(number of votes)

Against

(number of votes)

Abstentions

(number of votes)

% in favour incl. Chairman's discretion but excl. withheld votes

1.  To receive the Company's Annual Accounts, Directors' Report and Auditor's Report.

294,970,756

216,774

1,135,403

681,435

99.62

2. To declare a final dividend of 4.5p per ordinary share.

296,791,871

211,943

0

556

100.00

3. To re-elect Iain Ferguson CBE as a Director.

287,182,346

238,274

9,568,271

15,478

96.78

4. To re-elect Andrew Tinkler as a Director.

296,575,170

216,024

196,698

16,478

99.93

5. To re-elect Andrew Wood as a Director.

288,780,786

244,274

7,958,910

20,400

97.32

6. To re-elect John Coombs as a Director.

288,792,076

241,873

7,950,021

20,400

97.32

7. To re-elect John Garbutt as a Director.

274,987,314

245,074

21,751,580

20,400

92.68

8. To approve the appointment of Warwick Brady as Director.

296,521,550

248,031

209,288

25,501

99.93

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

296,388,204

 

 

214,774

386,751

14,641

99.87

10.To authorise the Directors to agree the Auditor's remuneration.

296,728,530

238,609

24,806

12,425

99.99

11.To approve the Directors' Remuneration Report.

284,968,685

253,612

11,040,071

741,999

96.27

12.To approve the Directors' Remuneration Policy.

282,916,269

254,237

4,921,948

8,911,914

98.29

13.To approve the alignment of EPS measurement period with TSR measurement period.

264,937,961

262,752

31,695,917

107,740

89.32

14.To approve the amendments to the Long Term Incentive Plan.

295,532,074

248,245

1,099,219

124,831

99.63

15.To authorise the allotment of shares.

296,619,592

262,248

60,926

61,604

99.98

16.To approve and adopt the Amended Articles of Incorporation.

286,752,236

297,411

389,254

9,565,467

99.86

17.To disapply pre-emption rights on the issue of shares in the Company.

296,484,992

295,438

114,959

108,981

99.96

18.To authorise purchase of own shares.

295,596,652

290,311

1,076,746

40,429

99.64

The number of ordinary shares in issue (excluding treasury shares) on 29 June 2017 was 350,628,831. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes validly cast.

Resolutions 16, 17 and 18 inclusive were passed as special resolutions.  A copy of all the resolutions passed, other than those concerning ordinary business, has been submitted to the National Storage Mechanism and will shortly be available for inspection at: http://www.Hemscott.com/nsm.do.

Enquiries:

 

Stobart Group Limited

C/o Redleaf Communications

Andrew Tinkler, Chief Executive Officer

 


Redleaf Communications

+44 207 382 4730

Charlie Geller

Sam Modlin

Stobart@redleafpr.com



Influence Associates

+44 207 287 9610

Stuart Dyble

James Andrew

 


 


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