8th May 2008 14:45
Old Mutual PLC08 May 2008 Ref 111/08 8 May 2008 Annual General Meeting 2008 Director's retirement and results of shareholder voting As planned, Mr Norman Broadhurst retired from the Board of Old Mutual plc (theCompany) at the end of the Company's Annual General Meeting (the AGM) held inLondon earlier today. He had been a Director of the Company since March 1999.Chris Collins, Chairman of the Company, thanked Mr Broadhurst warmly for hissignificant contribution to the Board and its Committees. At the AGM, all of the resolutions set out in the Notice of Meeting contained inthe circular sent to shareholders at the end of March 2008 were voted on by apoll, and the results of the votes cast on the polls were as follows: Ordinary Resolutions Resolution 1 To receive and adopt the directors' report and accountsIn favour Against % in favour Votes withheld2,648,735,322 3,663,707 99.86 15,970,248 Resolution 2 To declare a final dividend of 4.55 pence per ordinary shareIn favour Against % in favour Votes withheld2,654,352,414 506,106 99.98 13,510,757 Resolution 3 (i) Election of Mr R A Pym as a director of the CompanyIn favour Against % in favour Votes withheld2,634,737,531 5,684,447 99.78 27,947,299 Resolution 3 (ii) Re-election of Mr N D T Andrews as a director of the CompanyIn favour Against % in favour Votes withheld2,633,494,884 6,296,949 99.76 28,577,444 Resolution 3 (iii) Re-election of Mr R P Edey as a director of the CompanyIn favour Against % in favour Votes withheld2,632,716,511 5,579,468 99.79 30,073,298 Resolution 3 (iv) Re-election of Mr J H Sutcliffe as a director of the CompanyIn favour Against % in favour Votes withheld2,629,561,219 18,233,058 99.31 20,575,000 Resolution 4 Re-appointment of KPMG Audit Plc as auditors to the CompanyIn favour Against % in favour Votes withheld2,616,824,765 14,464,287 99.45 37,080,225 Resolution 5 To authorise the Group Audit and Risk Committee of the Company tosettle the remuneration of the auditorsIn favour Against % in favour Votes withheld2,637,621,957 5,087,039 99.81 25,658,981 Resolution 6 To approve the Remuneration Report in the Company's report and accountsIn favour Against % in favour Votes withheld2,492,057,299 105,813,396 95.93 70,498,581 Resolution 7 (i) To approve the Old Mutual plc Performance Share PlanIn favour Against % in favour Votes withheld2,380,177,848 156,971,157 93.81 131,220,271 Resolution 7 (ii) To approve the Old Mutual plc Share Reward PlanIn favour Against % in favour Votes withheld2,486,491,219 102,053,749 96.06 79,824,308 Resolution 7 (iii) To approve the Old Mutual plc 2008 Sharesave PlanIn favour Against % in favour Votes withheld2,559,361,429 61,813,634 97.64 47,194,214 Resolution 8 Authority to allot relevant securities up to a maximum nominal aggregate amount of £53,262,000In favour Against % in favour Votes withheld2,434,406,236 202,322,809 92.33 31,640,232 Special Resolutions Resolution 9 Authority to allot equity securities up to a maximum nominalaggregate amount of £26,631,000 for cashIn favour Against % in favour Votes withheld2,513,313,456 119,715,791 95.45 35,340,030 Resolution 10 Authority to buy back shares on the London Stock ExchangeIn favour Against % in favour Votes withheld2,632,549,754 5,486,372 99.79 30,333,151 Resolution 11 Approval of contingent purchase contractsIn favour Against % in favour Votes withheld2,610,885,835 24,958,228 99.05 32,525,214 Resolution 12 Adoption of new Articles of AssociationIn favour Against % in favour Votes withheld2,617,637,427 3,258,242 99.88 47,473,608 Each of the resolutions was accordingly duly passed. 8 May 2008 Enquiries Investor RelationsAleida White UK +44 (0)20 7002 7287Deward Serfontein SA +27 (0)21 509 8709 MediaMatthew Gregorowski UK +44 (0)20 7002 7133Nad Pillay SA +27 (0)82 553 7980 About Old Mutual Old Mutual plc is an international savings and wealth management company basedin the UK. Originating in South Africa in 1845, the group has a portfolio ofbusinesses offering asset management, life assurance, banking and generalinsurance services in over 40 countries in Europe, the United States, SouthAfrica, Latin America, Asia and Australia. Old Mutual plc is listed on theLondon Stock Exchange and the JSE, among others. In the year ended 31 December 2007, the group reported adjusted operating profitof £1.62 billion (on an IFRS basis) and had £279 billion of funds undermanagement at the year end. The Company has approximately 53,000 employees. For further information on Old Mutual plc, please visit the corporate website atwww.oldmutual.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Old Mutual PLC