5th Feb 2025 14:47
5 February 2025
Grainger plc ("Grainger"/ the "Company")
Result of AGM
At the one hundred and twelfth Annual General Meeting of Grainger plc held on Wednesday 5 February 2025, all of the resolutions set out in the Notice of Meeting dated 13 December 2024 were passed by Shareholders by a poll and details of the votes cast are set out below. 616,502,183 proxy votes were received representing 83.13% of the total number of ordinary shares in issue (excluding treasury shares).
The following table gives details of the proxy votes lodged with Grainger's registrar:
| Resolutions | Total Votes For/Discretion | % [1] | Total Votes Against | %
|
Total votes cast | Total Votes Withheld[2] |
1 | To approve and adopt the directors' report and the audited financial statements for the year ended 30 September 2024 | 614,924,754 | 99.98 | 109,898 | 0.02 | 615,034,652 | 1,472,303 |
2 | To approve the Directors' remuneration report for the year ended 30 September 2024 | 583,563,592 | 96.40 | 21,796,786 | 3.60 | 605,360,378 | 11,146,577 |
3 | To declare a dividend | 616,394,180 | 99.98 | 108,003 | 0.02 | 616,502,183 | 4,772 |
4 | To re-elect Mark Clare | 542,022,993 | 87.92 | 74,462,127 | 12.08 | 616,485,120 | 21,835 |
5 | To re-elect Helen Gordon | 616,364,629 | 99.98 | 120,491 | 0.02 | 616,485,120 | 21,835 |
6 | To re-elect Robert Hudson | 615,908,360 | 99.91 | 576,541 | 0.09 | 616,484,901 | 22,054 |
7 | To re-elect Justin Read | 606,431,268 | 98.37 | 10,053,852 | 1.63 | 616,485,120 | 21,835 |
8 | To re-elect Janette Bell | 600,910,129 | 97.47 | 15,574,991 | 2.53 | 616,485,120 | 21,835 |
9 | To re-elect Carol Hui | 607,070,241 | 98.47 | 9,413,846 | 1.53 | 616,484,087 | 22,868 |
10 | To re-elect Michael Brodtman | 607,074,103 | 98.47 | 9,411,017 | 1.53 | 616,485,120 | 21,835 |
11 | To reappoint KPMG LLP as auditors of the Company | 614,427,540 | 99.66 | 2,067,964 | 0.34 | 616,495,504 | 11,451 |
12 | To authorise the directors to determine the remuneration of the auditors | 616,375,105 | 99.98 | 123,241 | 0.02 | 616,498,346 | 8,609 |
13 | To authorise the directors to allot shares | 584,097,946 | 94.74 | 32,399,078 | 5.26 | 616,497,024 | 9,931 |
14 | To authorise the directors to issue shares for cash* | 584,895,698 | 94.87 | 31,601,785 | 5.13 | 616,497,483 | 9,472 |
15 | To authorise the directors to issue shares for cash in relation to the acquisition or other capital investment * | 577,894,542 | 95.45 | 27,524,030 | 4.55 | 605,418,572 | 11,088,383 |
16 | To authorise the Company to purchase own shares* | 614,307,960 | 99.66 | 2,068,845 | 0.34 | 616,376,805 | 130,150 |
17 | To reduce the notice period for general meetings (other than an Annual General Meeting) to not less than 14 clear days' notice. * | 597,058,926 | 96.85 | 19,429,937 | 3.15 | 616,488,863 | 18,092 |
18 | To authorise political donations up to £50,000 in aggregate | 608,370,528 | 98.77 | 7,552,044 | 1.23 | 615,922,572 | 584,383 |
(* special resolutions)
As at the date of the Annual General Meeting, there were 741,609,008[3] ordinary shares of 5p each in issue (excluding treasury shares).
Copies of all the resolutions passed, other than ordinary business, will be submitted to the FCA/UKLA and will be available for inspection through the National Storage Mechanism.
Further information is available from:
Sapna B FitzGerald,
Group General Counsel and Company Secretary
www.graingerplc.co.uk
[1] These are votes received supporting the resolution or granting the Chairman or another third-party discretion to vote on their behalf in respect of the resolution.
[2] A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.
[3] As at close of business on Monday 3 February 2025, Grainger plc holds 1,506,300 shares in Treasury and has 741,609,008 ordinary shares in issue (excluding treasury shares).
Related Shares:
Grainger plc