12th May 2005 15:08
Inchcape PLC12 May 2005 Results of Inchcape AGM 2005 The 47th Annual General Meeting of Inchcape plc was held today, 12 May 2005. Atthe meeting all resolutions, both ordinary and special, proposed by the InchcapeBoard (Resolutions 1 to 13) were passed, including the declaration of a finaldividend of 35.0p per ordinary share (2003 - 26.0p). The dividend is payable on16 June 2005 to ordinary shareholders on the register at the close of businesson 20 May 2005. The number of votes cast on each resolution is as follows: Resolutions proposed by the Board: Number Resolution For Against WithheldOrdinary 1 To receive the Accounts and 57,338,972 301,985 867,646 Directors' and Auditors' Reports 2 To approve the Board report on 55,466,809 557,327 2,506,169 remuneration 3 To declare a final dividend 58,530,977 0 16 4 To elect Will Samuel as a Director 58,514,441 12,691 3,173 5 To elect David Scotland as a 58,509,311 17,333 3,661 Director 6 To re-elect Alan Ferguson as a 58,408,511 119,065 2,729 Director 7 To re-elect Ken Hanna as a 58,514,778 12,994 2,533 Director 8 To reappoint PricewaterhouseCoopers 57,573,253 589,760 367,980 LLP as Auditors 9 To authorise the Directors to 58,485,167 42,601 3,225 determine the Auditors' remuneration 10 To authorise the Directors to allot 57,911,194 613,768 6,031 relevant securities pursuant to Section 80 of the Companies Act 1985 Special 11 To empower the Directors to disapply 58,502,091 14,510 14,392 pre-emption rights pursuant to Section 95 of the Companies Act 1985 12 To authorise the Company to make 58,517,734 4,919 8,340 market purchases of its ordinary shares up to 10.0% of its issued share capital 13 To amend the Company's Articles of 58,502,992 18,382 9,619 Association Notes to editors For further information, please contact: Group Communications, Inchcape plc 020 7546 0022 Hogarth Partnership Limited (John Olsen/Barnaby Fry) 020 7357 9477 Inchcape, an international automotive services group, provides qualityrepresentation for its manufacturer partners, a choice of channels to market andproducts for its retail customers and a range of business services for itscorporate customers. Operations are focused on the UK, Greece, Belgium,Australia, Hong Kong and Singapore. Inchcape's activities include exclusiveImport, Distribution and Retail, Business Services, automotive E-commerce andFinancial Services. Our key manufacturer partners are Toyota/Lexus, Subaru, BMW,the Premier Automotive Group of Ford, Mazda, Mercedes-Benz and Volkswagen. 12 May 2005 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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