4th Sep 2015 09:51
4 September 2015
Consort Medical plc
Result of Annual General Meeting Held on 3 September 2015
The Annual General Meeting ('AGM') of the Company was held at 2pm on Thursday 3 September 2015 at the offices of FTI Consulting, 200 Aldersgate, Aldersgate Street, London, EC1A 4HD.
All of the resolutions put to the meeting were duly passed on a show of hands. A summary of the forms of proxy for each resolution, received up to 48 hours before the time of the AGM, is set out below.
Resolution | FOR | % of Votes | DISCRETION | % of Votes | AGAINST | % of Votes | WITHHELD* | Poll Yes/No | |
1. | To receive Annual Report and Accounts | 41,805,708 | 99.99 | 1,377 | 0.01 | 0 | 0 | 0 | NO |
2. | To approve the revised directors' remuneration policy | 38,314,329 | 94.92 | 1,377 | 0.01 | 2,046,915 | 5.07 | 1,444,464 | NO |
3. | To approve the directors' remuneration report | 24,388,636 | 72.69 | 1,377 | 0.01 | 9,157,239 | 27.30 | 8,259,833 | NO |
4. | To declare a final dividend of 11.68p per ordinary share | 41,805,079 | 99.98 | 1,529 | 0.01 | 325 | 0.01 | 152 | NO |
5. | To re-elect Dr Peter Fellner as a director | 41,614,289 | 99.53 | 1,377 | 0.01 | 191,115 | 0.46 | 304 | NO |
6. | To re-elect Mr Richard Cotton as a director | 41,617,059 | 99.54 | 1,377 | 0.01 | 188,345 | 0.45 | 304 | NO |
7. | To re-elect Mr Ian Nicholson as a director | 40,837,746 | 97.68 | 1,529 | 0.01 | 967,658 | 2.31 | 152 | NO |
8. | To re-elect Mr Stephen Crummett as a director | 41,633,768 | 99.59 | 4,320 | 0.01 | 168,845 | 0.40 | 152 | NO |
9. | To elect Ms Charlotta Ginman as a director | 40,376,685 | 99.56 | 18,341 | 0.05 | 158,437 | 0.39 | 1,253,622 | NO |
10. | To reappoint PricewaterhouseCoopers LLP as auditors | 41,680,972 | 99.74 | 17,698 | 0.04 | 94,007 | 0.22 | 14,408 | NO |
11. | To authorise the directors to allot shares | 41,765,205 | 99.91 | 17,529 | 0.04 | 19,408 | 0.05 | 4,943 | NO |
12. | To authorise the directors to allot equity securities for cash | 40,936,122 | 97.93 | 17,529 | 0.04 | 850,491 | 2.03 | 2,943 | NO |
13. | To authorise the directors to make market purchases of the Company's shares | 41,778,331 | 99.93 | 18,097 | 0.04 | 10,657 | 0.03 | 0 | NO |
14. | To approve the calling of a general meeting on not less than 14 days' notice | 38,789,508 | 92.79 | 17,529 | 0.04 | 2,998,896 | 7.17 | 1,152 | NO |
15. | To amend the Consort Medical plc Performance Share Plan | 41,027,976 | 98.15 | 17,529 | 0.04 | 757,575 | 1.81 | 4,005 | NO |
16. | To adjust awards granted to Directors | 41,484,339 | 99.25 | 17,529 | 0.04 | 298,308 | 0.71 | 6,909 | NO |
Where shareholders have appointed the Chairman of the AGM as their proxy with discretion as to voting, these votes have been cast in favour of all the resolutions.
* Abstentions are not votes and are not included in the % calculations
Issued Share Capital at meeting date: 49,074,982 Number of votes per share: 1
The Company recognises that a significant number of voters either withheld their votes or voted against Resolution 3. We value and respect the views of our shareholders and during the year the Remuneration Committee did consult with major shareholders. The Remuneration Committee intends to discuss their feedback at forthcoming meetings and will take actions and engage further with shareholders in due course as appropriate.
The full text of the resolutions can be found in the Notice of AGM on the Company's website (www.consortmedical.com).
The Company confirms that a copy of all the special business resolutions passed at the AGM has been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.hemscott.com/nsm.do.
For further information, please contact:
Consort Medical plc | Tel: +44 (0) 1442 867920 |
Iain Ward, Company Secretary | |
Jonathan Glenn, Chief Executive | |
Richard Cotton, Group Finance Director | |
FTI Consulting | Tel: +44 (0) 20 3727 1000 |
Ben Atwell / Simon Conway |
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