REG - Costain Group PLC - Result of AGM

CostainAnnouncement

16/05/2024 16:15

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RNS Number : 7907O  Costain Group PLC  16 May 2024

Costain Group PLC (the Company)

16 May 2024

 

 

 

RESULTS OF 2024 AGM

 

At the Company's Annual General Meeting held on 16 May 2024 (the "AGM"), the
resolutions set out in the Notice of Meeting, circulated to shareholders on 9
April 2024, were passed by the requisite majorities. Resolutions 1 to 16 were
passed as ordinary resolutions and Resolutions 17 to 21 were passed as special
resolutions.

 

As at 6.30pm on 14 May 2024, the number of issued shares in the Company was
278,348,885 ordinary shares, which was the total number of shares entitling
the holders to attend and vote for or against all the resolutions at the AGM.
In accordance with the Company's Articles of Association, the resolutions were
put to the meeting on a poll in which every member present in person or by
proxy had one vote for every share held.

 

The poll results, on which EQ, the Company's registrar, acted as scrutineer
are as follows:

 

 RESOLUTION                                                                    NUMBER OF VOTES  % of Votes Cast  NUMBER OF VOTES AGAINST  % of Votes Cast  TOTAL VOTES CAST  % of Issued Share Capital Voted  NUMBER OF VOTES WITHHELD

                                                                               FOR

 Resolution 1                                                                  162,245,869      99.97            48,878                   0.03             162,294,747       58.31%                           42,465

 Receive the 2023 Annual Report and Accounts
 Resolution 2                                                                  142,966,208      88.10            19,313,449               11.90            162,279,657       58.30%                           57,555

 Approve the Directors' Remuneration Report
 Resolution 3                                                                  162,293,870      99.99            18,060                   0.01             162,311,930       58.31%                           25,282

 Declare a final dividend
 Resolution 4                                                                  143,961,847      88.71            18,324,483               11.29            162,286,330       58.30%                           50,882

 Re-elect Kate Rock
 Resolution 5                                                                  162,159,512      99.93            120,129                  0.07             162,279,641       58.30%                           57,571

 Re-elect Alex Vaughan
 Resolution 6                                                                  162,167,817      99.93            118,514                  0.07             162,286,331       58.30%                           50,881

 Re-elect Helen Willis
 Resolution 7                                                                  160,782,031      99.08            1,492,379                0.92             162,274,410       58.30%                           62,802

 Re-elect Fiona MacAulay
 Resolution 8                                                                  160,900,931      99.15            1,385,399                0.85             162,286,330       58.30%                           50,882

 Re-elect Tony Quinlan
 Resolution 9                                                                  162,096,541      99.88            186,795                  0.12             162,283,336       58.30%                           53,876

 Elect Amanda Fisher
 Resolution 10                                                                 162,158,420      99.92            127,911                  0.08             162,286,331       58.30%                           50,881

 Elect Steve Mogford
 Resolution 11                                                                 162,162,298      99.93            117,035                  0.07             162,279,333       58.30%                           57,879

 Re-appoint PwC as auditor
 Resolution 12                                                                 162,220,047      99.96            64,696                   0.04             162,284,743       58.30%                           52,469

 Authorise the auditor's remuneration
 Resolution 13                                                                 161,103,337      99.27            1,180,753                0.73             162,284,090       58.30%                           53,122

 Authorise sub-division of ordinary shares
 Resolution 14                                                                 161,173,308      99.30            1,141,624                0.70             162,314,932       58.31%                           22,280

 Approve terms of deferred shares
 Resolution 15                                                                 146,944,453      90.53            15,378,184               9.47             162,322,637       58.32%                           14,575

 Authorise political donations
 Resolution 16                                                                 162,078,649      99.86            227,686                  0.14             162,306,335       58.31%                           30,877

 Authorise the allotment of shares
 Resolution 17                                                                 156,961,651      96.72            5,328,005                3.28             162,289,656       58.30%                           47,556

 Approve the disapplication of pre-emption rights (general)
 Resolution 18                                                                 151,341,233      93.25            10,947,702               6.75             162,288,935       58.30%                           48,277

 Approve the disapplication of pre-emption rights (acquisition or capital
 investment)
 Resolution 19                                                                 161,229,689      99.35            1,062,013                0.65             162,291,702       58.31%                           45,510

 Authorise the purchase of deferred shares
 Resolution 20                                                                 162,144,189      99.92            133,216                  0.08             162,277,405       58.30%                           50,807

 Authorise the purchase of own ordinary shares
 Resolution 21                                                                 161,060,024      99.23            1,250,022                0.77             162,310,046       58.31%                           18,166

 Approve the holding of General Meetings (other than AGMs) on 14 clear days'
 notice

 

Notes:

1.    There were no restrictions on shareholders to cast votes on any of
the resolutions proposed at the AGM.

2.    Percentages are expressed as a proportion of the total votes cast
(which does not include votes withheld).

3.    A vote withheld is not a vote in law and is not included in the
calculation of the votes 'For' or 'Against' the resolutions, nor the total
votes cast.

4.    Any proxy appointments which gave discretion to the Chair have been
included in the 'For' totals.

 

 

In accordance with Listing Rule 9.6.2R, copies of all resolutions passed at
the AGM today, other than those concerning ordinary business, will be
submitted to the National Storage Mechanism, where they will shortly be
available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) . Copies of these
resolutions will also be filed with Companies House.

The results of the 2024 AGM will be available to view on the Company's website
at www.costain.com (http://www.costain.com) .

 

 

 

Enquiries

 

 Investors and analysts
 Paul Sharma, Costain        +44 (0) 7867 501188

 Financial media - Headland  costain@headlandconsultancy.com (mailto:costain@headlandconsultancy.com)
 Andy Rivett-Carnac          +44 (0) 7968 997365
 Charlie Twigg               +44 (0) 7946 494568

 

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