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Result of AGM

9th Jun 2016 15:35

RNS Number : 7830A
Shawbrook Group PLC
09 June 2016
 

 

 

09 June 2016

VOTING RESULTS OF 2016 ANNUAL GENERAL MEETING

Shawbrook Group plc (the "Company") announces the results of its Annual General Meeting held today. All resolutions were voted on by way of a poll and were passed.

The total number of votes received on each resolution is as follows

Resolution

Votes For

% of votes cast

Votes

against

% of votes cast

 

Total votes cast

Votes cast as a % of issued share capital

 

Withheld

1.

To receive the 2015 Report and Accounts

 

220,247,997

99.98

41,200

0.02

220,289,197

87.94%

2,224,581

2.

To elect Robin Ashton

 

222,118,392

99.93

161,841

0.07

222,280,233

88.73%

233,545

3.

To elect Iain Cornish

 

222,144,297

99.94

135,936

0.06

222,280,233

88.73%

233,545

4.

To elect David Gagie

 

222,278,733

100.00

1,200

0.00

222,279,933

88.73%

233,845

5.

To elect Sally-Ann Hibberd

 

222,181,170

99.96

99,063

0.04

222,280,233

88.73%

233,545

6.

To elect Stephen Johnson

 

222,152,445

99.94

127,788

0.06

222,280,233

88.73%

233,545

7.

To elect Paul Lawrence

 

222,118,392

99.93

161,841

0.07

222,280,233

88.73%

233,545

8.

To elect Roger Lovering

 

222,118,392

99.93

161,841

0.07

222,280,233

88.73%

233,545

9.

To elect Lindsey McMurray

 

222,092,445

99.92

187,788

0.08

222,280,233

88.73%

233,545

10.

To elect Steve Pateman

 

222,152,145

99.94

127,788

0.06

222,279,933

88.73%

233,845

11.

To elect Tom Wood

 

221,583,201

99.69

697,032

0.31

222,280,233

88.73%

233,545

12.

To approve the Annual Report on Remuneration

 

193,806,253

89.57

22,578,296

10.43

216,384,549

86.38%

6,129,228

13.

To approve the Remuneration Policy

 

218,082,392

98.64

3,006,536

1.36

221,088,928

88.26%

1,424,850

14.

To re-appoint KPMG LLP as auditors

 

218,158,650

98.70

2,870,277

1.30

221,028,927

88.24%

1,484,851

15.

To authorise the Audit Committee to determine the remuneration of the auditors

 

219,450,977

98.73

2,829,256

1.27

222,280,233

88.73%

233,545

16.

To give authority to allot shares

 

221,048,515

99.34

1,465,263

0.66

222,513,778

88.83%

0

17.

To give authority to allot Additional Tier 1 Securities

 

215,356,295

96.81

7,106,900

3.19

222,463,195

88.81%

50,583

18*.

To give authority to dis-apply pre-emption rights

 

219,388,236

99.41

1,295,822

0.59

220,684,058

88.10%

1,829,720

19*.

To give authority to dis-apply pre-emption rights in relation to Tier 1 Securities

 

213,026,235

95.76

9,435,659

4.24

222,461,894

88.81%

51,883

20*.

To give authority to purchase own shares

 

221,250,190

99.43

1,263,588

0.57

222,513,778

88.83%

0

21*.

To give authority for a 14 day notice period for general meetings

 

220,085,228

99.01

2,195,004

0.99

222,280,232

88.73%

233,545

 

VOTES OF INDEPENDENT SHAREHOLDERS ON THE RESOLUTIONS CONCERNING THE RE-ELECTION OF THE INDEPENDENT NON-EXECUTIVE DIRECTORS

Resolution

Votes for

% of votes cast

Votes against

% of votes cast

Total votes cast

votes cast as a % of independent voting capital

Withheld

2.

To elect Robin Ashton

 

124,759,792

99.87

161,841

0.13

124,921,633

81.57%

233,545

3.

To elect Iain Cornish

 

124,785,697

99.89

135,936

0.11

124,921,633

81.57%

233,545

4.

To elect David Gagie

 

124,920,133

100.00

1,200

0.00

124,921,333

81.57%

233,845

5.

To elect Sally-Ann Hibberd

 

124,822,570

99.92

99,063

0.08

124,921,633

81.57%

233,545

7.

To elect Paul Lawrence

 

124,759,792

99.87

161,841

0.13

124,921,633

81.57%

233,545

8.

To elect Roger Lovering

 

124,759,792

99.87

161,841

0.13

124,921,633

81.57%

233,545

 

Notes:

*Special resolution

A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.

All percentages are shown to two decimal places.

The total number of voting rights in issue as at close of business on 7 June 2016 was 250,500,000.

After nine years' service Graham Alcock did not stand for election and resigned as a director effective from 9 June 2016.

In accordance with UK Listing Rule 9.6.2R copies of all the resolutions passed other than resolutions concerning ordinary business have been submitted to the UK Listing Authority via the National Storage Mechanism and will shortly be available for inspection at www.Morningstar.co.uk

 A copy of the poll results for the Annual General Meeting will also be available on the Shawbrook website at https://investors.shawbrook.co.uk/ shortly.

The full text of each of the resolutions is set out in the Notice of Annual General Meeting which is available on the Shawbrook website at www.shawbrook.co.uk/investors/agm

 

Enquiries:

 

Gordon Ellis, Head of Secretariat

 

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