15th Jul 2022 14:37
AVEVA Group plc
(the "Company")
2022 Annual General Meeting Results
The Company announces the voting results of its Annual General Meeting held earlier today.
All of the resolutions put to the meeting were passed by shareholders on a poll vote. The results are set out below.
The full text of all the resolutions can be found in the Notice of Annual General Meeting which is available on the Company's website www.aveva.com (with each resolution number below corresponding to the resolution number in the Notice).
| In Favour (Including Discretionary) | Against | Total Votes Cast | Votes Withheld | |||
Resolution | No. of Votes | % of Votes | No. of Votes | % of Votes | No. of Votes | % of Issued Share Capital Voted | No. of Votes |
1. To receive the annual accounts of the Company and the reports of the Directors for the financial year ended 31 March 2022 together with the auditor's reports thereon. | 284,418,325 | 99.99 | 382 | 0.01 | 284,418,707 | 94.29 | 44,726 |
2. To approve the Directors' Remuneration Report (other than the part containing the Directors' Remuneration Policy) for the financial year ended on 31 March 2022 as set out on pages 102 to 126 and 106 to 111 of the Annual Report and Accounts 2022. | 276,316,881 | 97.14 | 8,143,958 | 2.86 | 284,460,839 | 94.31 | 2,694 |
3. To declare a final dividend of 24.5 pence per ordinary share in respect of the year ended 31 March 2022 to shareholders on the register of members at close of business on 8 July 2022, payable on 5 August 2022. | 284,287,016 | 99.94 | 176,118 | 0.06 | 284,463,134 | 94.31 | 299 |
4. To re-elect Philip Aiken as a Director of the Company. | 279,306,972 | 98.28 | 4,879,371 | 1.72 | 284,186,343 | 94.22 | 277,090 |
5. To re-elect Peter Herweck as a Director of the Company. | 283,943,238 | 99.91 | 243,530 | 0.09 | 284,186,768 | 94.22 | 276,665 |
6. To re-elect James Kidd as a Director of the Company. | 281,595,677 | 99.09 | 2,590,258 | 0.91 | 284,185,935 | 94.22 | 277,498 |
7. To re-elect Christopher Humphrey as a Director of the Company. | 283,496,665 | 99.76 | 689,501 | 0.24 | 284,186,166 | 94.22 | 277,267 |
8. To re-elect Olivier Blum as a Director of the Company. | 251,815,419 | 88.68 | 32,148,800 | 11.32 | 283,964,219 | 94.14 | 499,214 |
9. To re-elect Paula Dowdy as a Director of the Company. | 283,928,131 | 99.81 | 530,936 | 0.19 | 284,459,067 | 94.31 | 4,366 |
10. To elect Ayesha Khanna as a Director of the Company. | 284,414,237 | 99.98 | 44,817 | 0.02 | 284,459,054 | 94.31 | 4,379 |
11. To elect Hilary Maxson as a Director of the Company. | 280,223,615 | 98.61 | 3,962,130 | 1.39 | 284,185,745 | 94.22 | 277,688 |
12. To re-elect Ron Mobed as a Director of the Company. | 284,141,686 | 99.98 | 44,126 | 0.02 | 284,185,812 | 94.22 | 277,621 |
13. To elect Anne Stevens as a Director of the Company. | 281,517,965 | 99.09 | 2,591,336 | 0.91 | 284,109,301 | 94.19 | 354,132 |
14. To appoint PricewaterhouseCoopers LLP as auditor of the Company. | 283,959,937 | 99.82 | 502,360 | 0.18 | 284,462,297 | 94.31 | 1,136 |
15. To authorise the Directors to determine the remuneration of the auditor. | 284,459,083 | 99.99 | 3,450 | 0.01 | 284,462,533 | 94.31 | 900 |
16. To authorise the Company to make political donations pursuant to Sections 366 and 367 of the Companies Act 2006. | 283,251,351 | 99.57 | 1,209,093 | 0.43 | 284,460,444 | 94.31 | 2,989 |
17. To authorise the Directors to allot securities pursuant to Section 551 of the Companies Act 2006. | 280,711,536 | 98.68 | 3,751,416 | 1.32 | 284,462,952 | 94.31 | 481 |
18. To empower the Directors to allot equity securities pursuant to Section 570(1) and 573 of the Companies Act 2006. | 283,015,600 | 99.50 | 1,434,346 | 0.50 | 284,449,946 | 94.30 | 13,487 |
19. To authorise the Company to make market purchases pursuant to Section 701 of the Companies Act 2006. | 283,581,810 | 99.69 | 870,946 | 0.31 | 284,452,756 | 94.31 | 10,677 |
20. To adopt new Articles of Association in substitution for, and to the exclusion of, the existing Articles of Association. | 282,114,978 | 99.18 | 2,346,494 | 0.82 | 284,461,472 | 94.31 | 1,961 |
21. To allow 14 clear days' notice of general meetings. | 280,038,965 | 98.48 | 4,309,238 | 1.52 | 284,348,203 | 94.27 | 115,230 |
Votes of independent shareholders (i.e. shareholders excluding the controlling shareholder, Schneider Electric SE) on the resolutions concerning the re-election of the independent Non-Executive Directors
| In Favour (Including Discretionary) | Against | Total Votes Cast | Votes Withheld | |||
Resolution | No. of Votes | % of Votes | No. of Votes | % of Votes | No. of Votes | % of Independent issued share capital voted | No. of Votes |
7. To re-elect Christopher Humphrey as a Director of the Company. | 107,025,040 | 99.36 | 689,501 | 0.64 | 107,714,541 | 86.06 | 277,267 |
9. To re-elect Paula Dowdy as a Director of the Company. | 107,456,506 | 99.51 | 530,936 | 0.49 | 107,987,442 | 86.28 | 4,366 |
10. To elect Ayesha Khanna as a Director of the Company. | 107,942,612 | 99.96 | 44,817 | 0.04 | 107,987,429 | 86.28 | 4,379 |
12. To re-elect Ron Mobed as a Director of the Company. | 107,670,061 | 99.96 | 44,126 | 0.04 | 107,714,187 | 86.06 | 277,621 |
13. To elect Anne Stevens as a Director of the Company. | 105,046,340 | 97.59 | 2,591,336 | 2.41 | 107,637,676 | 86.00 | 354,132 |
Notes
1. The total number of shares held by independent shareholders, excluding the controlling shareholder, in issue at the voting date is 125,156,712.
2. The total voting rights of the Company on 15 July 2022 were 301,628,337.
3. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes for and against the resolution.
4. The votes shown in the first table above for each independent director include those of the controlling shareholder. In the second table above, the controlling shareholder is not included.
National Storage Mechanism
In accordance with LR 9.6.2, copies of the resolutions passed as special business have been submitted to the FCA's National Storage Mechanism and will shortly be available to view at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Enquiries:
AVEVA Group plc | |
Helen Lamprell, General Counsel and Company Secretary | +44 (0)1223 556655 |
Matt Springett, Head of Investor Relations | +44 (0)7789 818684 |
FTI Consulting LLP | |
Edward Bridges/Dwight Burden | +44 (0) 20 3727 1000 |
Related Shares:
AVV.L