7th May 2020 13:30
MONDI PLC - Result of AGMMONDI PLC - Result of AGM
PR Newswire
London, May 7
Mondi plcIncorporated in England and WalesRegistered number: 6209386LEI: 213800LOZA69QFDC9N34LSE share code: MNDI ISIN: GB00B1CRLC47JSE share code: MNP
7 May 2020
Annual General Meeting
The Annual General Meeting (AGM) of Mondi plc was held earlier today. In accordance with the arrangements announced on 9 April 2020, the AGM was held with the minimum quorum of two shareholders, facilitated by Mondi.
As notified to the market on 9 April 2020, the Board took the decision to no longer propose a final dividend for the year ended 31 December 2019. Resolution 4 was therefore withdrawn.
All resolutions were passed by shareholders by way of a poll and all valid proxy votes were included in the poll. The Company's issued share capital on 5 May 2020 (the voting record date) was 485,553,780 ordinary shares of €0.20 each. Overall approximately 76% of shares were voted. The total number of votes received on each resolution is as follows:
| Resolution | Votes For | % | Votes Against | % | Votes Total | % of ISC Voted | Votes Withheld ** |
| 1. To receive the report and accounts | 368,241,031 | 99.99 | 53,947 | 0.01 | 368,294,978 | 75.85 | 1,411,338 |
| 2. To approve the remuneration policy | 341,642,445 | 92.81 | 26,461,002 | 7.19 | 368,103,447 | 75.81 | 1,602,867 |
| 3. To approve the remuneration report (other than the policy) | 346,798,929 | 93.86 | 22,676,181 | 6.14 | 369,475,110 | 76.09 | 231,204 |
| 4. To declare a final dividend | WITHDRAWN | ||||||
| 5. To elect Enoch Godongwana as a director | 365,037,766 | 98.80 | 4,451,526 | 1.20 | 369,489,292 | 76.10 | 217,025 |
| 6. To elect Philip Yea as a director | 330,443,279 | 89.51 | 38,721,239 | 10.49 | 369,164,518 | 76.03 | 541,797 |
| 7. To re-elect Tanya Fratto as a director | 368,340,063 | 99.69 | 1,149,540 | 0.31 | 369,489,603 | 76.10 | 216,713 |
| 8. To re-elect Stephen Harris as a director | 329,338,332 | 89.13 | 40,151,771 | 10.87 | 369,490,103 | 76.10 | 216,213 |
| 9. To re-elect Andrew King as a director | 369,262,705 | 99.94 | 226,628 | 0.06 | 369,489,333 | 76.10 | 216,984 |
| 10. To re-elect Dominique Reiniche as a director | 368,176,161 | 99.90 | 366,445 | 0.10 | 368,542,606 | 75.90 | 1,163,710 |
| 11. To re-elect Stephen Young as a director | 368,743,485 | 99.80 | 746,458 | 0.20 | 369,489,943 | 76.10 | 216,373 |
| 12. To appoint the auditors | 369,388,676 | 99.97 | 104,177 | 0.03 | 369,492,853 | 76.10 | 213,464 |
| 13. To authorise the audit committee to determine the auditors’ remuneration | 368,963,841 | 99.86 | 528,683 | 0.14 | 369,492,524 | 76.10 | 213,793 |
| 14. To authorise the directors to allot relevant securities | 366,446,120 | 99.18 | 3,044,673 | 0.82 | 369,490,793 | 76.10 | 215,524 |
| 15. To authorise the directors to disapply pre-emption rights* | 333,382,706 | 90.32 | 35,732,658 | 9.68 | 369,115,364 | 76.02 | 590,953 |
| 16. To authorise Mondi plc to purchase its own shares* | 365,168,599 | 98.89 | 4,101,657 | 1.11 | 369,270,256 | 76.05 | 436,059 |
| 17. To authorise general meetings to be held on 14 days’ notice* | 341,447,770 | 92.41 | 28,044,075 | 7.59 | 369,491,845 | 76.10 | 214,472 |
* Special Resolutions
** A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes for or against a resolution.
Jenny HampshireCompany Secretary Mondi plc
About Mondi
Mondi is a global leader in packaging and paper, delighting its customers and consumers with innovative packaging and paper solutions that are sustainable by design. Our business is fully integrated across the packaging and paper value chain - from managing forests and producing pulp, paper and plastic films, to developing and manufacturing effective industrial and consumer packaging solutions. Sustainability is embedded in everything we do. In 2019, Mondi had revenues of €7.27 billion and underlying EBITDA of €1.66 billion.
Mondi has a premium listing on the London Stock Exchange (MNDI), and a secondary listing on the JSE Limited (MNP). Mondi is a FTSE 100 constituent, and has been included in the FTSE4Good Index Series since 2008 and the FTSE/JSE Responsible Investment Index Series since 2007.
Sponsor in South Africa: UBS South Africa Proprietary Limited.
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