9th Jan 2015 13:00
9 January 2015
Betfair Group plc
Results of General Meeting
Betfair Group plc (the "Company") announces that all the resolutions proposed at the General Meeting of the Company held today were duly passed. The results of the poll are as detailed below:
Resolution | For1 | Against | Total | As % of total issued share capital | Withheld2 | |||
No. of shares | % | No. of shares | % | No. of shares | % | % | No. of shares | |
1. To approve the New Articles of Association | 76,701,569 | 100 | 3,100 | 0 | 76,704,669 | 100 | 72.58 | 37,585 |
2. To sub-divide each Existing Ordinary Share into one B Share and one Intermediate Ordinary Share | 76,701,469 | 100 | 3,200 | 0 | 76,704,669 | 100 | 72.58 | 37,585 |
3. To consolidate and sub-divide the Intermediate Ordinary Shares into New Ordinary Shares | 76,701,469 | 100 | 3,200 | 0 | 76,704,669 | 100 | 72.58 | 37,585 |
4. To authorise the Company to repurchase the Deferred Shares | 76,701,439 | 100 | 3,200 | 0 | 76,704,639 | 100 | 72.58 | 37,615 |
5. To approve the amendment to the performance conditions applicable to the Joining Award | 76,027,067 | 99.83 | 126,959 | 0.17 | 76,154,026 | 100 | 72.06 | 588,228 |
1 Votes "For" and "Against" are expressed as a percentage of votes received. The "For" votes include those giving the Chairman discretion.
2 A vote "withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" the resolution.
The full text of the resolutions can be found in the Circular, which is available for inspection at the National Storage Mechanism at www.morningstar.co.uk/uk/NSM and also on the Company's website at corporate.betfair.com. A copy of the resolutions passed as special business will shortly be submitted to the National Storage Mechanism for inspection at www.morningstar.co.uk/uk/NSM.
The latest time and date for dealings in Existing Ordinary Shares is 4.30 p.m. today, 9 January 2015. The Record Date for the Capital Reorganisation is at 6.00 p.m. today.
Unless otherwise defined, capitalised terms used in this announcement have the same meaning as those defined in the circular to shareholders dated 12 December 2014, which can be viewed on the Company's website at:
http://corporate.betfair.com/investor-relations/shareholder-information/general-meeting.aspx
Enquiries:
Betfair Group plc
Claire Baty, Deputy Company Secretary
Tel: +44 20 8834 6150
Related Shares:
BET.L