10th May 2007 13:15
Inchcape PLC10 May 2007 Results of Inchcape AGM 2007 The 49th Annual General Meeting of Inchcape plc was held today, 10 May 2007. Atthe meeting all resolutions, both ordinary and special, proposed by the Inchcapeboard (Resolutions 1 to 13) were passed, including the declaration of a finaldividend of 10p per ordinary share (2005 - 6.333p (adjusted for shareconsolidation)). The dividend is payable on 15 June 2007 to ordinaryshareholders on the register at the close of business on 18 May 2007. The number of votes cast on each resolution is as follows: Resolutions proposed by the Board: Resolution For Votes Against Votes Votes Withheld 1. To receive the Accounts and Directors' and Auditors 312,775,152 1,238,972 28,626,139 Reports 2. To approve the Board report on remuneration 332,840,188 7,359,331 2,440,742 3. To declare a final dividend 342,640,263 - - 4. To re-elect Ken Hanna as a Director 342,533,470 61,023 45,770 5. To re-elect David Scotland as a Director 342,537,296 58,487 44,480 6. To re-elect Michael Wemms as a Director 342,473,546 122,057 44,660 7. To re-elect Raymond Ch'ien as a Director 337,156,749 4,413,258 1,070,256 8. To approve PricewaterhouseCoopers LLP as Auditors 340,558,736 1,074,656 1,006,870 9. To authorise the Directors to determine the 342,009,349 618,718 12,196 Auditors' remuneration 10. To amend the Deferred Bonus Plan 332,974,121 6,451,351 3,214,790 11. To authorise the Directors to allot relevant 339,958,135 2,539,644 38,631 securities pursuant to section 80 of the Companies Act 1985 12. To empower the Directors to disapply pre-emption 341,511,187 1,073,249 55,827 rights pursuant to Section 95 of the Companies Act 1985 13. To authorise the Company to make market purchases 342,567,379 24,150 48,734 of its ordinary shares up to 10.0% of its issued share capital For further information, please contact: Group Communications, Inchcape plc +44 (0) 20 7546 0022 Investor Relations, Inchcape plc +44 (0) 20 7546 8432 Financial Dynamics (Jonathon Brill/Billy Clegg) +44 (0) 20 7831 3113 Notes to editors Inchcape plc is the leading independent, international automotive retailer, withscale operations in Australia, Belgium, Greece, Hong Kong, Singapore and the UK.The Group also has operations in a number of other markets, including EasternEurope, the Baltics, Russia and South America. In addition to growing its corebusinesses, Inchcape is looking to develop scale operations in new and emergingregions. It represents leading automotive brands and operates either a retail,or a vertically integrated retail model (i.e. exclusive distribution andretail), depending on the market. Inchcape's core brand partners are Audi, BMW,Honda, Mazda, Mercedes-Benz, PAG, Subaru, Toyota/Lexus and Volkswagen. For further information, visit us at www.inchcape.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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