24th Oct 2014 13:35
Stobart Group Limited
('Stobart' or 'the Company')
Result of General Meeting
Stobart, the Support Services and Infrastructure group, announces that at its General Meeting held at 11.00 a.m. today, each of the resolutions submitted to the meeting (as set out in the Notice of Meeting dated 1 October 2014) was proposed and passed by the appropriate majority.
The votes received were as follows:
| Votes in favour | Votes at Chairman's discretion | Votes against | Votes withheld | % in favour incl. Chairman's discretion but excl. withheld votes |
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Resolution 1 - An ordinary resolution to approve and adopt the Directors' Remuneration Policy | 227,773,846 | 171,662 | 34,172,203 | 2,883,537 | 86.96% |
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Resolution 2 - An ordinary resolution to approve and adopt the rules of the New Incentive Plan | 253,530,091 | 244,215 | 10,096,306 | 1,130,636 | 96.17% |
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Following approval at the General Meeting, the Directors' Remuneration Policy and the New Long Term Incentive Plan has been adopted.
Enquiries:
Stobart Group +44 20 7851 9090
Andrew Tinkler, Chief Executive Officer
Ben Whawell, Chief Financial Officer
Influence Associates
Stuart Dyble/James Andrew +44 20 7287 9610
Redleaf PR +44 20 7382 4730
Emma Kane
Rebecca Sander-Hewett
Charlie Geller
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