7th May 2009 11:47
Costain Group PLC
("Costain" or "the Company")
AGM Results
At the Company's Annual General Meeting held today , the resolutions listed below, which were set out in the Notice of Meeting circulated to shareholders on 1 April 2009 (the "Notice of Meeting"), were passed on a show of hands.
The proxy figures for the resolutions proposed were as follows:
|
VOTES FOR |
VOTES AGAINST |
DISCRETIONARY VOTES |
TOTAL VOTES CAST |
VOTES WITHHELD* |
|
|
Resolution 1 |
166,417,050 |
1,429,776 |
774,407 |
168,626,283 |
5,050 |
|
Resolution 2 |
167,826,807 |
25,238 |
746,934 |
168,626,283 |
27,304 |
|
Resolution 3a |
167,436,098 |
245,122 |
804,131 |
168,626,283 |
140,932 |
|
Resolution 3b |
161,942,498 |
5,718,569 |
807,031 |
168,626,283 |
158,185 |
|
Resolution 3c |
167,599,749 |
109,388 |
772,492 |
168,626,283 |
144,654 |
|
Resolution 4 |
167,200,065 |
112,318 |
794,169 |
168,626,283 |
519,731 |
|
Resolution 5 |
167,015,513 |
152,135 |
786,510 |
168,626,283 |
672,125 |
|
Resolution 6 |
153,465,230 |
12,538,980 |
761,523 |
168,626,283 |
1,860550 |
Resolutions 7 to 10 in the Notice to Meeting were withdrawn as the Board understood that these resolutions would currently command insufficient shareholder support. The Board intends to hold further discussions with the two major overseas shareholders to resolve their understanding of the intent and purpose of these resolutions which are drawn more widely than in previous years, albeit in line with latest institutional guidance.
7 May 2009
Enquiries:
|
Costain |
Tel: 01628 842 444 |
|
Graham Read, Public Relations |
|
|
College Hill |
Tel: 020 7457 2020 |
|
Mark Garraway |
|
|
Adam Aljewicz |
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