7th Feb 2020 14:42
7 February 2020
Brewin Dolphin Holdings PLC (the 'Company')
Result of 2020 Annual General Meeting
At the Brewin Dolphin Holdings PLC Annual General Meeting held on 7 February 2020, the following resolutions were passed by shareholders on a show of hands.
Shareholders holding an aggregate 303,232,690 shares were eligible to vote at the meeting. Valid proxies were received by the Company from shareholders prior to the meeting as follows:
Resolution | Proxy votes for the resolution including discretionary | Proxy votes against the resolution | Total number of shares for which proxy appointments validly made | Proxy votes withheld | ||
No. of Votes | % | No of Votes | % |
| No. of Votes | |
Resolution 1 |
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To receive the Accounts and the Report of the Directors and Auditors for the year ended 30 September 2019 | 223,804,828 | 99.99% | 6,409 | 0.01% |
223,811,237 | 297,869 |
Resolution 2 |
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To approve the Directors' Remuneration Policy | 200,463,249 | 89.52% | 23,475,000 | 10.48% |
223,938,249 | 170,857 |
Resolution 3 |
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To approve the Annual Report on Remuneration for the year ended 30 September 2019 | 217,288,822 | 97.03% | 6,646,409 | 2.97% | 223,935,231 | 173,875 |
Resolution 4 |
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To approve the amendment to the Long Term Performance Plan (LTIP) | 221,789,780 | 99.04% | 2,141,572 | 0.96% | 223,931,352 | 177,754 |
Resolution 5 |
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To re-elect Simon Miller as a Non-Executive Chairman | 211,475,588 | 94.37% | 12,624,550 | 5.63% | 224,100,138 | 8,968 |
Resolution 6 |
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To re-elect David Nicol as Director | 223,694,584 | 99.82% | 405,066 | 0.18% | 224,099,650 | 9,456 |
Resolution 7 To elect Siobhan Boylan as a Director | 223,552,241 | 99.76% | 529,861 | 0.24% | 224,082,102 | 27,004 |
Resolution 8 |
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To re-elect Ian Dewar as a Non-Executive Director | 223,130,560 | 99.57% | 952,550 | 0.43% | 224,083,110 | 25,996 |
Resolution 9 |
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To re-elect Kathleen Cates as a Non-Executive Director | 223,383,363 | 99.69% | 702,161 | 0.31% | 224,085,524 | 23,582 |
Resolution 10 |
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To re-elect Caroline Taylor as a Non-Executive Director | 212,366,356 | 94.77% | 11,719,668 | 5.23% | 224,086,024 | 23,082 |
Resolution 11 |
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To re-elect Michael Kellard as a Non-Executive Director | 223,684,202 | 99.82% | 393,883 | 0.18% | 224,078,085 | 31,021 |
Resolution 12 |
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To re-elect Simonetta Rigo as a Non-Executive Director | 223,690,624 | 99.82% | 394,900 | 0.18% | 224,085,524 | 23,582 |
Resolution 13 |
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To re-appoint Deloitte LLP as auditor of the Company | 222,910,132 | 99.70% | 664,631 | 0.30% | 223,574,493 | 534,613 |
Resolution 14 |
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To authorise the Directors to determine the remuneration of the auditors of the Company | 222,546,635 | 99.54% | 1,030,309 | 0.46% | 223,576,944 | 532,162 |
Resolution 15 |
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To approve the payment by the Company of a final dividend of 12.0 pence per ordinary share in respect of the year ended 30 September 2019 | 224,098,106 | 99.99% | 11,000 | 0.01% | 224,109,106 | 0 |
Resolution 16 |
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To authorise political donations and expenditure | 220,333,764 | 98.33% | 3,750,176 | 1.67% | 224,083,940 | 25,166 |
Resolution 17 |
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To authorise the Directors to allot ordinary shares | 222,556,135 | 99.31% | 1,551,015 | 0.69% | 224,107,150 | 1,956 |
Resolution 18 |
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To dis-apply statutory pre-emption rights up to 5% | 223,179,622 | 99.60% | 906,449 | 0.40% | 224,086,071 | 23,035 |
Resolution 19 |
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To dis-apply statutory pre-emption rights up to a further 5% in connection with an acquisition or specified capital investment | 210,705,611 | 94.03% | 13,383,575 | 5.97% | 224,089,186 | 19,920 |
Resolution 20 |
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To authorise the Company to purchase its own shares in the market | 224,012,324 | 99.98% | 37,536 | 0.02% | 224,049,860 | 59,246 |
Resolution 21 |
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To call a general meeting on 14 clear days' notice | 219,231,293 | 97.82% | 4,877,097 | 2.18% | 224,108,390 | 716 |
Resolution 22 |
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To amend the Articles of Association | 223,971,505 | 99.97% | 70,626 | 0.03% | 224,042,131 | 66,975 |
Notes:
1. The above is a summary of the resolutions passed; full text of the resolutions can be found in the Notice of the Meeting which can be found on the company's website media.brewin.co.uk/investor-relations
2. Resolutions 1 to 17 were passed as Ordinary Resolutions and Resolutions 18 to 22 were passed as Special Resolutions.
3. Any proxy appointments which gave discretion to the Chairman have been included in the "for" total.
4. It should be noted that the appointment of a proxy is not an unequivocally precise indicator of the way that the shareholder would have voted on a poll, it merely reflects their intention at the time the instruction was given. Voting instructions can be changed at any time prior to a poll being demanded and a shareholder, having lodged a proxy, is still entitled to attend the Meeting and having heard/participated in the debate vote their shares themselves as they see fit.
5. The "vote withheld" totals indicate those members who have abstained on a particular resolution. "Vote withheld" is not a vote in law and has not been counted in the calculation of the proportion of votes "for" and "against" a resolution.
6. In accordance with Listing Rule 9.6.2 copies of the special resolutions passed by the Company at its Annual General Meeting have been submitted to FCA's National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM
For further information contact:
Tiffany Brill
Company Secretary
Brewin Dolphin Holdings PLC
020 7248 4400
Related Shares:
BRW.L