24th Jul 2009 16:03
KCOM Group PLC
Results of Annual General Meeting ("AGM")
KCOM Group PLC announces that resolutions 1 to 13 proposed at the Annual General Meeting were carried by a show of hands. A breakdown of proxy votes lodged prior to the AGM on votes 1 to 13 is set out below.
|
Resolution |
Total proxy votes cast |
Proxy cards received |
In favour |
Against |
Withheld |
||
|
Votes |
% |
Votes |
% |
Votes |
|||
|
1. To receive the report & accounts |
333,467,552 |
2,886 |
332,502,192 |
99.71 |
965,360 |
0.29 |
46,948 |
|
2. To approve the Directors' Remuneration Report |
331,430,076 |
2,888 |
329,923,434 |
99.55 |
1,506,642 |
0.45 |
2,084,424 |
|
3. To declare a final dividend |
332,168,970 |
2,886 |
330,705,838 |
99.56 |
1,463,132 |
0.44 |
1,345,530 |
|
4. To reappoint PricewaterhouseCoopers LLP |
333,421,263 |
2,888 |
330,396,703 |
99.09 |
3,024,560 |
0.91 |
93,237 |
|
5. To reappoint William Halbert |
227,762,030 |
2,903 |
221,199,403 |
97.12 |
6,562,627 |
2.88 |
105,752,470 |
|
6. To reappoint Kevin Walsh |
333,358,580 |
2,888 |
332,142,463 |
99.64 |
1,216,117 |
0.36 |
155,920 |
|
7. To reappoint Martin Towers |
333,298,551 |
2,886 |
332,265,627 |
99.69 |
1,032,924 |
0.31 |
215,949 |
|
8. To reappoint Anthony Illsley |
333,299,927 |
2,886 |
332,258,861 |
99.69 |
1,041,066 |
0.31 |
214,573 |
|
9. To authorise the directors to allot shares |
333,295,883 |
2,885 |
332,639,023 |
99.80 |
656,860 |
0.20 |
218,617 |
|
10. To empower the directors to allot shares for cash |
333,237,456 |
2,885 |
332,610,412 |
99.81 |
627,044 |
0.19 |
277,044 |
|
11. To authorise market purchases of the Company's own shares |
333,380,060 |
2,885 |
332,790,839 |
99.82 |
589,221 |
0.18 |
134,440 |
|
12. To approve the introduction of the Executive Incentive Plan |
333,260,665 |
2,891 |
308,263,576 |
92.50 |
24,997,089 |
7.50 |
253,835 |
|
13. To authorise general meetings (other than AGMs) to be called on not less than 14 clear days' notice |
333,361,945 |
2,887 |
328,587,656 |
98.57 |
4,774,289 |
1.43 |
152,555 |
(Note: The percentage of votes cast excludes Withheld votes. Votes in favour include votes at Chairman's discretion).
Michael Abrahams retired at the 2009 KCOM Group PLC Annual General Meeting and did not seek re-election. Michael Abrahams therefore resigned from the Board at the conclusion of the meeting. Bill Halbert took up the role of Executive Chairman from the conclusion of the meeting.
On 24 July 2009 there were 516,603,910 ordinary shares in issue and 76 shareholders or persons representing shareholders attending the meeting. Shareholders are entitled to one vote per share.
In accordance with Listing Rule 9.6.18, two copies of shareholder resolutions passed at the AGM concerning items of special business have been sent to UKLA's Document Viewing Facility at UK Listing Authority, 25 North Colonnade, Canary Wharf, London E14 5HS and will shortly be available for inspection.
Paul Simpson
CFO and Company Secretary
24 July 2009
Related Shares:
KCOM