16th Dec 2009 16:57
Punch Taverns plc (the "Company")16 December 2009
OUTCOME OF ANNUAL GENERAL MEETING
The Company is pleased to announce that at its Annual General Meeting ("AGM"), held today at The Meliá White House Hotel, Albany Street, Regents Park, London NW1 3UP at 2.30pm the Resolutions, as set out in the Notice of Meeting sent to shareholders on 12 November 2009 were all duly passed, with the exception of Resolution three, by vote on a poll.
The results of the poll on the Resolutions are set out below:
|
Resolution |
Votes For |
Percentage of votes cast For |
Votes Against |
Percentage of votes cast Against |
Votes Withheld |
|
1. To receive and consider the Annual Report and Financial Statements of the Company for the year ended 22 August 2009 |
355,233,762 |
99.92 |
277,737 |
0.08 |
778 |
|
2. To approve the reappointment of Ernst & Young LLP as auditors and to authorise the Directors to fix their remuneration |
347,912,945 |
97.86 |
7,605,927 |
2.14 |
778 |
|
3. To approve the Report on Directors' Remuneration for the year ended 22 August 2009 |
147,439,497 |
44.56 |
183,465,635 |
55.44 |
778 |
|
4. To authorise the payment of political donations and to incur political expenditure |
333,134,161 |
99.80 |
668,250 |
0.20 |
778 |
|
5. To re-elect Peter Cawdron as a Director of the Company |
330,184,238 |
92.88 |
25,302,345 |
7.12 |
1,799 |
|
6. To re-elect Mike Foster as a Director of the Company |
345,670,067 |
99.81 |
653,761 |
0.19 |
1,799 |
|
7. To re-elect Ian Fraser as a Director of the Company |
355,111,552 |
99.89 |
375,031 |
0.11 |
1,799 |
|
8. To approve an authority to allot shares under section 551 of the Companies Act 2006 |
295,469,531 |
96.87 |
9,544,651 |
3.13 |
1,799 |
|
9. To approve an authority to disapply pre-emption rights under section 570 of the Companies Act 2006* |
338,084,807 |
99.73 |
899,999 |
0.27 |
1,799 |
|
10. To approve an authority to purchase the company's own shares under section 701 of the Companies Act 2006* |
355,283,527 |
99.96 |
153,932 |
0.04 |
778 |
|
11. To permit the holding of General Meetings (other than an Annual General Meeting) at 14 days' notice* |
347,481,979 |
97.74 |
8,031,275 |
2.26 |
1,799 |
|
12. To adopt new Articles of Association* |
355,222,501 |
99.93 |
260,420 |
0.07 |
1,799 |
Notes
* Special resolution.
Any proxy appointments which gave discretion to the Chairman have been included in the 'for' total.
A 'vote withheld' is not a vote in law and is not counted in the calculation of the proportion of the votes for or against a resolution.
The voting figures will be displayed shortly on the Company's corporate website www.punchtaverns.co.uk.
In accordance with paragraph 9.6.2 of the Listing Rules, two copies of the resolutions passed at the meeting will be submitted to the UK Listing Authority and will shortly be available for inspection at the Financial Services Authority's Document Viewing Facility, which is situated at:
The Financial Services Authority
25 The North ColonnadeCanary Wharf
London
E14 5HS
Telephone: 020 7066 8333
Enquiries:
Smithfield Consultants Tel: 020 7360 4900
John Kiely
Related Shares:
Punch Taverns PLC