18th Jul 2017 16:10
FIRSTGROUP PLC - Result of AGMFIRSTGROUP PLC - Result of AGM
PR Newswire
London, July 18
FIRSTGROUP PLC
RESULT OF ANNUAL GENERAL MEETING (AGM)
FirstGroup plc (the ‘Company’) announces that, at the AGM held earlier today, all resolutions were duly passed by the Company’s shareholders on a poll. The results of the poll are shown in the table below and will also be available on the Company’s website.
| Resolution | FOR | AGAINST | TOTAL | WITHHELD | |||
| No. of Votes | % of Vote | No. of Votes | % of Vote | No. of Votes | No. of Votes | ||
| 1. | To receive the Annual Report and Financial Statements for the year ended 31 March 2017 | 987,154,703 | 99.98 | 206,262 | 0.02 | 987,360,965 | 646,371 |
| 2. | To approve the Directors’ Annual Report on Remuneration | 902,019,470 | 91.32 | 85,771,076 | 8.68 | 987,790,546 | 222,240 |
| 3. | To elect Richard Adam as a Director | 763,414,845 | 77.28 | 224,406,688 | 22.72 | 987,821,533 | 191,254 |
| 4. | To elect Jimmy Groombridge as a Director | 983,972,556 | 99.61 | 3,878,040 | 0.39 | 987,850,596 | 162,191 |
| 5. | To elect Martha Poulter as a Director | 987,121,479 | 99.93 | 686,502 | 0.07 | 987,807,981 | 204,806 |
| 6. | To re-elect Warwick Brady as a Director | 984,440,017 | 99.66 | 3,385,647 | 0.34 | 987,825,664 | 187,123 |
| 7. | To re-elect Matthew Gregory as a Director | 984,957,444 | 99.71 | 2,859,650 | 0.29 | 987,817,094 | 195,693 |
| 8. | To re-elect Drummond Hall as a Director | 984,426,862 | 99.66 | 3,398,321 | 0.34 | 987,825,183 | 187,604 |
| 9. | To re-elect Wolfhart Hauser as a Director | 976,972,453 | 98.90 | 10,853,079 | 1.10 | 987,825,532 | 187,254 |
| 10. | To re-elect Tim O’Toole as a Director | 985,235,158 | 99.74 | 2,597,084 | 0.26 | 987,832,242 | 179,270 |
| 11. | To re-elect Imelda Walsh as a Director | 986,095,046 | 99.82 | 1,743,804 | 0.18 | 987,838,850 | 173,937 |
| 12. | To re-elect Jim Winestock as a Director | 985,997,275 | 99.81 | 1,867,997 | 0.19 | 987,865,272 | 147,515 |
| 13. | To re-appoint Deloitte LLP as auditors | 961,540,271 | 97.34 | 26,270,887 | 2.66 | 987,811,158 | 201,628 |
| 14. | To authorise the Directors to determine the remuneration of the auditors | 985,600,099 | 99.77 | 2,265,936 | 0.23 | 987,866,035 | 146,751 |
| 15. | To authorise the Directors to allot shares | 977,057,480 | 98.99 | 9,952,889 | 1.01 | 987,010,369 | 1,002,418 |
| 16. | To authorise the Directors to disapply pre-emption rights | 968,183,319 | 99.74 | 2,528,026 | 0.26 | 970,711,345 | 17,301,442 |
| 17. | To disapply pre-emption rights for acquisitions or other capital investments | 942,316,762 | 97.08 | 28,357,073 | 2.92 | 970,673,835 | 17,338,951 |
| 18. | To authorise the Directors to make market purchases of the Company’s shares | 976,708,197 | 99.04 | 9,440,472 | 0.96 | 986,148,669 | 1,864,117 |
| 19. | To authorise the Company to make political donations and incur political expenditure | 872,334,956 | 88.31 | 115,458,657 | 11.69 | 987,793,613 | 222,035 |
| 20. | To authorise the calling of general meetings on 14 clear days’ notice | 961,865,830 | 97.38 | 25,912,820 | 2.62 | 987,778,650 | 234,137 |
Votes “For” and “Against” are expressed as a percentage of votes received. A “Vote withheld” is not a vote in law and is not counted in the calculation of the votes “For” and “Against” a resolution. Votes were cast for a total of 987,866,035 ordinary shares of 5 pence per share, representing 81.74% of the total number of votes capable of being cast at the AGM. The Company's issued share capital as at today's date is 1,208,614,263 ordinary shares and the number of votes per share is one. The Company held 157,229 shares in Treasury, which do not carry any voting rights. Resolutions 1 to 15 and 19 were proposed as Ordinary Resolutions and resolutions 16 to 18 and 20 as Special Resolutions.
The Board is pleased that shareholders voted in favour of all of the resolutions put to today's meeting. However, the Board notes the 77.28% vote in favour of Resolution 3 (election of Richard Adam as a Director). The Board takes seriously its responsibility to keep in touch with shareholder opinion and as part of this continued dialogue will seek to engage with relevant shareholders. The Board is confident that Richard's commercial acumen and experience from senior roles in large and complex international companies is of benefit to the Company.
Enquiries:
Faisal Tabbah, Head of Investor RelationsStuart Butchers, Group Head of MediaSilvana Glibota-Vigo, Deputy Company SecretaryTel: +44 (0) 20 7291 0505
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