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Result of AGM

1st May 2025 14:28

RNS Number : 1105H
AIB Group PLC
01 May 2025
 

 

 

 

 

1 May 2025

 

AIB GROUP PLC (the "Company")

 

RESULTS OF ANNUAL GENERAL MEETING 2025

The Company announces that at its Annual General Meeting ("AGM"), held today at 10 Molesworth Street, Dublin 2, resolutions 1-14, all of which were recommended by the Board, were duly passed on a poll. Resolution 15, which was proposed by a shareholder for the appointment of Philip John Hobbs as a Director, was rejected by shareholders on the poll.

Resolutions 1 to 7 (inclusive), resolution 13, and resolution 14 were passed as ordinary resolutions and resolutions 8 to 12 (inclusive) and were passed as special resolutions.

The full text of each resolution, together with explanatory notes, are set out in the Notice of AGM which was circulated to Shareholders on 31 March 2025 and made available on the Company's website at www.aib.ie/investorrelations.

The results of the voting on the resolutions are as follows:

Resolution

Votes For

%

Votes Against

%

Total Votes Cast

Votes Withheld

1

To receive and consider the financial statements for the year together with the reports of the Directors and the Auditor thereon

1,750,187,293

99.98%

351,847

0.02%

1,750,539,140

2,586,273

2

To declare a final dividend of 36.984 euro cents per share payable on 9 May 2025

1,753,073,829

100.00%

15,867

0.00%

1,753,089,696

35,793

3

To authorise the Directors to determine the remuneration of the Auditor

1,729,714,982

98.67%

23,398,221

1.33%

1,753,113,203

12,261

4

To consider the continuation in office of PricewaterhouseCoopers as Auditor

1,729,858,125

98.67%

23,252,968

1.33%

1,753,111,093

14,371

5

To re-appoint the following Directors:

(a)

Anik Chaumartin

1,744,944,510

99.54%

8,119,247

0.46%

1,753,063,757

61,925

(b)

Donal Galvin

1,733,757,473

98.90%

19,309,295

1.10%

1,753,066,768

58,893

(c)

Basil Geoghegan

1,738,281,012

99.16%

14,782,380

0.84%

1,753,063,392

62,276

(d)

Tanya Horgan

1,752,131,751

99.95%

932,852

0.05%

1,753,064,603

61,065

(e)

Colin Hunt

1,734,256,366

98.93%

18,826,577

1.07%

1,753,082,943

42,725

(f)

Sandy Kinney Pritchard

1,751,585,515

99.92%

1,478,655

0.08%

1,753,064,170

61,484

(g)

Elaine MacLean

1,710,138,652

97.55%

42,926,018

2.45%

1,753,064,670

60,988

(h)

Andrew Maguire

1,738,278,250

99.16%

14,785,174

0.84%

1,753,063,424

62,234

(i)

Brendan McDonagh

1,721,457,750

98.20%

31,605,634

1.80%

1,753,063,384

62,274

(j)

Ann O'Brien

1,747,936,687

99.71%

5,127,584

0.29%

1,753,064,271

61,387

(k)

Fergal O'Dwyer

1,737,871,136

99.13%

15,192,302

0.87%

1,753,063,438

62,251

(l)

James Pettigrew

1,720,743,325

98.16%

32,320,384

1.84%

1,753,063,709

61,980

(m)

Jan Sijbrand

1,733,248,052

98.87%

19,815,270

1.13%

1,753,063,322

62,367

(n)

Raj Singh

1,733,242,302

98.87%

19,820,999

1.13%

1,753,063,301

62,366

6

To consider the Directors' Remuneration Report

1,725,698,928

98.91%

19,103,740

1.09%

1,744,802,668

8,323,021

7

To authorise the Directors to allot relevant securities

1,703,477,855

97.17%

49,587,966

2.83%

1,753,065,821

59,868

8(a)

Limited authorisation for the Directors to disapply pre-emption rights

1,747,773,029

99.70%

5,288,240

0.30%

1,753,061,269

64,420

8(b)

Limited authorisation for the Directors to disapply pre-emption rights for an acquisition or specified capital event

1,739,041,928

99.20%

14,019,121

0.80%

1,753,061,049

64,639

9

To authorise the purchase by the Company of its own shares

1,751,259,502

99.96%

719,459

0.04%

1,751,978,961

1,146,727

10

To determine the re-issue price range at which any treasury shares held may be re-issued off-market

1,752,340,374

99.96%

727,605

0.04%

1,753,067,979

57,701

11

To authorise the Directors to convene general meetings on 14 days' notice

1,667,237,419

95.10%

85,829,186

4.90%

1,753,066,605

59,084

12

To approve the terms of the Directed Buyback Contract with the Minister for Finance and authorise the making of off-market purchases of ordinary shares

1,518,251,321

97.24%

43,146,896

2.76%

1,561,398,217

191,727,472

13

To approve the Company's entry into the Transaction as a as a related party transaction under the Companies Act

1,486,410,180

99.94%

863,989

0.06%

1,487,274,169

265,851,520

14

To authorise the establishment of the AIB Group (ROI) and AIB Group (UK) Save as You Earn Plans

1,748,403,191

99.73%

4,712,219

0.27%

1,753,115,410

10,254

15

To appoint Mr Philip John Hobbs as a Director

6,416,189

0.37%

1,744,789,368

99.63%

1,751,205,557

1,920,131

 

Notes:

1. A "Vote Withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" a resolution.

2. The total number of ordinary shares in issue as at Sunday, 27 April 2025 was 2,328,438,575.

 

In accordance with Listing Rule 6.1.60 of Euronext Dublin and Listing Rule 9.6.2 of the Financial Conduct Authority, copies of all resolutions, other than those concerning ordinary business, passed at the AGM today have been submitted to Euronext Dublin and the UK National Storage Mechanism and will be shortly available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

 

-ENDS-

 

Contact details:

Conor Gouldson

Niamh Hore

Paddy McDonnell

Group Company Secretary

Head of Investor Relations

Head of Media Relations

AIB Molesworth Street

AIB Molesworth Street

AIB Molesworth Street

Dublin 2

Dublin 2

Dublin 2

Tel: +353-1-7720030

Tel: +353-1-6411817

Tel: +353-87-7390743

email:

[email protected]

email:

[email protected]

email:

[email protected]  

 

 

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END
 
 
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