4th May 2011 14:58
4 May 2011
BBA Aviation plc - Results of Annual General Meeting
BBA Aviation plc announces that all resolutions proposed at its Annual General Meeting held earlier today were duly passed on a show of hands including the resolution authorising the Company to make market purchases of up to 14.99% of its issued ordinary share capital.
Details of the proxy voting instructions, lodged prior to the meeting, are set out below:
Resolution | For | % | Discretion | % | Against | % | Withheld | |
1 | To receive and adopt the 2010 Report and Accounts | 372,325,765 | 99.97 | 96,980 | 0.03 | 8,442 | 0.00 | 4,000 |
2 | To elect Mark Hoad as a director | 369,843,146 | 99.44 | 96,835 | 0.03 | 1,985,518 | 0.53 | 512,628 |
3 | To re-elect Mark Harper as a director | 371,648,212 | 99.79 | 107,686 | 0.03 | 677,878 | 0.18 | 4,351 |
4 | To re-elect Michael Harper as a director | 370,361,184 | 99.44 | 96,835 | 0.03 | 1,975,757 | 0.53 | 4,351 |
5 | To re-elect Nick Land as a director | 371,668,980 | 99.79 | 98,130 | 0.03 | 666,455 | 0.18 | 4,562 |
6 | To re-elect Simon Pryce as a director | 364,563,883 | 98.02 | 94,499 | 0.03 | 7,267,398 | 1.95 | 512,347 |
7 | To re-elect Peter Ratcliffe as a director | 371,644,580 | 99.79 | 107,686 | 0.03 | 680,670 | 0.18 | 5,191 |
8 | To re-elect Hansel Tookes as a director | 371,671,955 | 99.80 | 96,835 | 0.03 | 664,714 | 0.18 | 4,623 |
9 | To re-appoint Deloitte LLP as auditors | 372,315,000 | 99.97 | 98,634 | 0.03 | 22,141 | 0.01 | 2,352 |
10 | To authorise the directors to fix the auditors' remuneration | 372,308,316 | 99.97 | 109,276 | 0.03 | 11,912 | 0.00 | 8,623 |
11 | To declare a final dividend | 372,344,903 | 99.97 | 89,282 | 0.02 | 3,942 | 0.00 | - |
12 | To grant the directors authority to allot relevant securities | 356,014,343 | 98.58 | 105,293 | 0.03 | 5,038,030 | 1.39 | 11,280,461 |
13 | To approve the disapplication of pre-emption rights | 372,199,980 | 99.96 | 106,151 | 0.03 | 52,728 | 0.01 | 79,268 |
14 | To authorise the Company to make market purchases of ordinary shares | 366,369,658 | 99.41 | 99,775 | 0.03 | 2,059,195 | 0.56 | 3,909,499 |
15 | To approve the Directors' Remuneration Report | 364,021,874 | 98.15 | 104,977 | 0.03 | 6,744,571 | 1.82 | 1,563,765 |
16 | To approve notice period for certain general meetings | 356,527,485 | 95.73 | 105,726 | 0.03 | 15,802,958 | 4.24 | 1,958 |
An abstention is not a vote in law and is not counted in the calculation of proportion of votes "For" or "Against" a resolution.
The total number of ordinary shares in issue as at 28 April 2011 were 476,389,187, of these 372,438,127 including abstentions (78.18%) were voted.
Total number of ordinary shareholders 4,163
Total number of proxy instructions lodged 565
Percentage of ordinary shareholders who lodged proxies 13.57%
In accordance with Listing Rules 9.6.2R and 9.6.3R, a copy of the resolutions other than resolutions concerning ordinary business has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do
The Company also announces that at the Board meeting held on 3 May 2011 Hansel Tookes, Director, was appointed a member of the Audit Committee with effect from the end of today's AGM.
Related Shares:
SIG.L