3rd Aug 2015 18:14
3 August 2015
Vedanta Resources plc
("the Company")
Result of Annual General Meeting
The annual general meeting ('AGM') of the Company was held on 3 August 2015 at 3:00pm.
A poll was conducted on each resolution proposed at the meeting and the results are detailed below:
Type of resolution | For | Against | Total votes cast | Votes withheld1 | ||||
Resolution (Full text of resolutions is set out in the Notice of Annual General Meeting) | Special/ Ordinary | No. of votes | % | No. of votes | % | No. of votes | % of ISC voted | No. of votes |
1. To receive the 2015 Report and Accounts | Ordinary | 231,396,506 | 99.22 | 1,829,755 | 0.78 | 233,226,261 | 86.70% | 99,118 |
2. To approve the Directors' Remuneration Report | Ordinary | 230,735,321 | 98.93 | 2,500,000 | 1.07 | 233,235,321 | 86.70% | 90,058 |
3. To approve the final dividend
| Ordinary | 233,320,891 | 100.00 | 4,024 | 0.00 | 233,324,915 | 86.73% | 464 |
4. To elect E Zotova as a Director | Ordinary | 233,319,964 | 100.00 | 4,092 | 0.00 | 233,324,056 | 86.73% | 1,323 |
5. To re-elect A Agarwal as a Director | Ordinary | 229,981,109 | 98.57 | 3,342,157 | 1.43 | 233,323,266 | 86.73% | 2,113 |
6. To re-elect N Agarwal as a Director | Ordinary | 231,815,711 | 99.96 | 81,643 | 0.04 | 231,897,354 | 86.20% | 1,428,025 |
7. To re-elect T Albanese as a Director | Ordinary | 233,260,298 | 99.97 | 62,968 | 0.03 | 233,323,266 | 86.73% | 2,113 |
8. To re-elect E Macdonald as a Director | Ordinary | 231,116,140 | 99.08 | 2,149,424 | 0.92 | 233,265,564 | 86.71% | 59,815 |
9. To re-elect A Mehta as a Director | Ordinary | 229,015,716 | 98.19 | 4,220,516 | 1.81 | 233,236,232 | 86.70% | 89,147 |
10. To re-elect D Parekh as a Director | Ordinary | 229,264,874 | 99.00 | 2,316,325 | 1.00 | 231,581,199 | 86.09% | 1,744,180 |
11. To re-elect G Green as a Director | Ordinary | 230,940,184 | 98.98 | 2,382,572 | 1.02 | 233,322,756 | 86.73% | 2,623 |
12. To re-appoint Deloitte LLP as auditors | Ordinary | 231,735,829 | 99.93 | 159,508 | 0.07 | 231,895,337 | 86.20% | 1,430,042 |
13. To authorise the directors to agree the auditors' remuneration | Ordinary | 233,171,331 | 99.96 | 94,152 | 0.04 | 233,265,483 | 86.71% | 59,896 |
14. To authorise the directors to allot shares | Ordinary | 233,215,860 | 99.97 | 59,254 | 0.03 | 233,275,114 | 86.72% | 50,265 |
15. To disapply pre-emption rights | Special
| 231,697,343 | 99.30 | 1,622,171 | 0.70 | 233,319,514 | 86.73% | 5,865 |
16. To authorise the Company to make market purchases of own shares | Special | 233,272,145 | 100.00 | 2,970 | 0.00 | 233,275,115 | 86.72% | 50,264 |
17. To authorise a general meeting to be called on not less than 14 days' notice | Special | 232,107,757 | 99.48 | 1,213,358 | 0.52 | 233,321,115 | 86.73% | 4,264 |
The results of the poll vote excluding the controlling shareholder interest for each of the resolutions in respect of the appointment or re-appointment of the Company's independent non-executive directors is as follows:
Type of resolution | For | Against | Total votes cast | Votes withheld1 | ||||
Resolution (Full text of resolutions is set out in the Notice of Annual General Meeting) | Special/ Ordinary | No. of votes | % | No. of votes | % | No. of votes | % of ISC voted excluding controlling shareholder interest | No. of votes |
4. To elect E Zotova as a Director | Ordinary | 45,389,123 | 99.99 | 4,092 | 0.01 | 45,393,215 | 56.03% | 1,323 |
8. To re-elect E Macdonald as a Director | Ordinary | 43,185,299 | 95.26 | 2,149,424 | 4.74 | 45,334,723 | 55.96% | 59,815 |
9. To re-elect A Mehta as a Director | Ordinary | 41,084,875 | 90.68 | 4,220,516 | 9.32 | 45,305,391 | 55.92% | 89,147 |
10. To re-elect D Parekh as a Director | Ordinary | 41,334,033 | 94.69 | 2,316,325 | 5.31 | 43,650,358 | 53.88% | 1,744,180 |
11. To re-elect G Green as a Director | Ordinary | 43,009,343 | 94.75 | 2,382,572 | 5.25 | 45,391,915 | 56.03% | 2,623 |
1. A vote withheld is not a vote in law and is not counted in the calculation of votes validly cast for or against a resolution.
All resolutions put to the meeting as set out in the Notice of Meeting were carried.
A copy of the resolutions passed as special business at the AGM have been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.Hemscott.com/nsm.do.
Deepak Kumar
Company Secretary
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