28th Jul 2006 13:25
QinetiQ Group plc28 July 2006 QINETIQ GROUP PLC - Results of AGM held on 28 July 2006 Results of Poll All Resolutions were passed. RESOLUTION No. Votes % No. Votes % Votes Total Votes Number For Votes Votes For Against Against Cast Withheld1. ToreceiveReport 477,408,400 99.94 299,526 0.06 477,707,926 19,353and Accounts 2. ToapproveDirectors'Remunerationreport 469,653,519 99.93 349,410 0.07 470,002,929 7,724,350 3. Todeclare aFinal 477,654,359 99.99 62,291 0.01 477,716,650 10,629Dividend 4. Tore-electNoreen Doyleas a 475,792,503 99.63 1,762,034 0.37 477,554,537 172,742Director 5. Tore-electColinBalmer as a 468,540,555 99.91 432,942 0.09 468,973,497 8,753,782Director 6. Tore-elect SirJohnChisholm 466,791,720 99.26 3,502,868 0.74 470,294,588 7,432,691as aDirector 7. Tore-electGraham Loveas 474,334,673 99.91 403,668 0.09 474,738,341 2,988,938a Director 8. Tore-electGlennYoungkin as 468,575,472 98.10 9,081,564 1.90 477,657,036 70,243aDirector 9. Tore-appointKPMG AuditPLC 475,622,454 99.64 1,710,990 0.36 477,333,444 393,835as auditors 10. ToauthorisetheAuditCommittee todeterminethe 475,854,572 99.62 1,806,099 0.38 477,660,671 66,608auditors'remuneration 11. To makepoliticaldonations 470,153,239 98.44 7,438,691 1.56 477,591,930 135,349 12. To amendtheCompany'sArticles of 477,490,853 99.98 90,646 0.02 477,581,499 145,780Association* 13. ToauthorisetheCompany tomake marketpurchases ofits own 477,435,220 99.96 170,702 0.04 477,605,922 121,357shares* *Special Resolutions Please note that a vote withheld is not a vote in law and is not counted in thecalculation of the proportion of votes "for" and "against" a resolution. The full text of the Special Resolutions passed at the AGM is as follows:RESOLUTION 12 THAT the Articles of Association be and are hereby amended, such that the words""Ordinary Share" means the ordinary shares of 1 and 1/3 pence each in theCompany's share capital" in Article 1(1) (under the section headed"Preliminary") shall be replaced by the following: ""Ordinary Share" means the ordinary shares of 1 penny each in the Company'sshare capital". RESOLUTION 13 THAT the Company be and is generally and unconditionally authorised to makemarket purchases (within the meaning of Section 163(3) of the Companies Act1985) of ordinary shares of 1 penny each of the Company provided that: (a) the maximum number of ordinary shares hereby authorised to be acquired is 65,056,502; (b) the minimum price which may be paid for any such share is 1 penny; (c) the maximum price which may be paid for any such share is the higher of (i) an amount equal to 105% of the average of the middle market quotations for an ordinary share in the Company as derived from The London Stock Exchange Daily Official List for the five business days immediately preceding the day on which such share is contracted to be purchased and (ii) the amount stipulated by Article 5(1) of the EU Buy-back and Stabilisation Regulation (being the higher of the price of the last independent trade and the highest current independent bid for an ordinary share in the Company on the trading venues where the market purchases by the Company pursuant to the authority conferred by this Resolution 13 will be carried out); (d) the authority hereby conferred shall expire on the date of the next Annual General Meeting of the Company; and (e) the Company may make a contract to purchase its ordinary shares under the authority hereby conferred prior to the expiry of such authority, which contract will or may be executed wholly or partly after the expiry of such authority, and may purchase its ordinary shares in pursuance of any such contract. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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