26th May 2016 16:04
HOSTELWORLD GROUP PLC
RESULTS OF 2016 ANNUAL GENERAL MEETING
The Annual General Meeting ("AGM") of Hostelworld Group Plc (the "Company") was held at the offices of McCann FitzGerald, Riverside One, 37-42 Sir John Rogerson's Quay, Dublin 2, Ireland at 2p.m. today.
At the AGM all of the resolutions that were set out in the notice of AGM were duly passed on a show of hands. The proxy votes were cast as follows:
Resolution | For | Against | Votes withheld* | Total proxy votes cast | Percentage of issued share capital voted (%) |
1. To adopt the Company's accounts and the Directors' Auditor's Reports for the year ended 31 December 2015 | 74,635,651 96.91% | 2,382,441 3.09% | 0
| 77,018,092 | 80.58 |
2. To approve the Directors' remuneration report | 76,998,811 99.97% | 19,281 0.03% | 0
| 77,018,092 | 80.59 |
3. To approve the Directors' remuneration policy | 69,030,425 89.63% | 7,987,337 10.37% | 330
| 77,017,762 | 80.59 |
4. To declare a final dividend of €0.0275 per ordinary share | 77,018,092 100.00% | 0 0% | 0
| 77,018,092 | 80.59 |
5. To elect Feargal Mooney as a director | 77,017,762 100.00% | 0 0% | 330
| 77,017,762 | 80.59 |
6. To elect Mari Hurley as a director | 69,833,583 96.70% | 2,382,441 3.30% | 4,802,068 | 72,216,024 | 75.56 |
7. To elect Richard Segal as a director | 76,992,800 99.97% | 19,281 0.03% | 6,011
| 77,012,081 | 80.58 |
8. To elect Michael Cawley as a director | 77,017,762 100.00% | 0 0% | 330
| 77,017,762 | 80.59 |
9. To elect Andy McCue as a director | 77,017,762 100.00% | 0 0% | 330
| 77,017,762 | 80.59 |
10. To re-appoint Deloitte as auditors to the Company | 71,765,197 93.18% | 5,252,565 6.82% | 330
| 77,017,762 | 80.59 |
11. To authorise the Directors to fix the auditors' remuneration | 76,973,550 99.94% | 44,542 0.06% | 0
| 77,018,092 | 80.59 |
12. To authorise the directors to allot shares | 73,852,384 95.89% | 3,165,378 4.11% | 330 | 77,017,762 | 80.59 |
13. To authorise the directors to dis-apply pre-emption rights | 68,542,073 89.58% | 7,975,689 10.42% | 500,330 | 76,517,762 | 80.07 |
14. To authorise the Company to purchase its own shares | 72,216,354 93.77% | 4,801,738 6.23% | 0 | 77,018,092 | 80.58 |
15. To authorise the Company to make political donations and incur political expenditure | 68,884,774 95.39% | 3,331,580 4.61% | 4,801,738 | 72,216,354 | 75.57 |
16. To authorise the calling of a general meeting other than an Annual General Meeting on not less than 14 clear days' notice | 67,552,240 87.71% | 9,465,522 12.29% | 330 | 77,017,762 | 80.58 |
*A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes validly cast.
Resolutions 1 to 11 and 15 were passed as ordinary resolutions and Resolutions 12 to 14 and 16 were passed as special resolutions.
The number of ordinary shares in issue on 26 May 2016 (excluding shares held in treasury) was 95,570,778. Shareholders are entitled to one vote per share.
In accordance with UK Listing Rule 9.6.2R copies of the special resolutions passed at the AGM have been submitted to the UK Listing Authority via the National Storage Mechanism, and the Irish Stock Exchange, and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM
A copy of this announcement setting out the results of the AGM is also available on the Company's website at www.hostelworldgroup.com.
The full text of each of the resolutions is set out in the notice of AGM, copies of which are available on the Company's website (www.hostelworldgroup.com).
Related Shares:
Hostelworld