REG - Hostelworld Grp PLC - Result of AGM

HostelworldAnnouncement

02/05/2024 15:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240502:nRSB0625Na&default-theme=true

RNS Number : 0625N  Hostelworld Group PLC  02 May 2024

LEI: 213800OC94PF2D675H41

2 May 2024

Hostelworld Group plc

 (the "Company")

 

RESULTS OF ANNUAL GENERAL MEETING

The Annual General Meeting of the Company (the "AGM") was held at 12.00 noon
today.

All resolutions proposed at the AGM were duly passed on a poll and the results
of each resolution were as follows:

 Resolution                                                                      For          Against    Votes withheld  Total proxy votes cast  Percentage of issued share capital voted (%)
 1.         To adopt the Company's accounts and the Directors' and               102,336,844  2,030      7,126           102,338,874             81.88%
 Auditor's Reports for the year ended 31 December 2023
 2.         To approve the Directors' remuneration report                        100,272,075  2,068,066  5,859           102,340,141             81.88%
 3.         To approve the Directors' remuneration policy                        97,628,882   2,290,093  2,427,025       99,918,975              79.94%
 4.         To re-elect Michael Cawley as a director                             98,584,515   3,755,625  5,860           102,340,140             81.88%
 5.         To re-elect Carl G. Shepherd as a director                           99,746,361   2,592,511  7,128           102,338,872             81.88%
 6.         To re-elect Éimear Moloney as a director                             101,712,728  627,412    5,860           102,340,140             81.88%
 7.         To re-elect Gary Morrison as a director                              102,336,844  2,030      7,126           102,338,874             81.88%
 8.         To re-elect Evan Cohen as a director                                 101,711,461  627,412    7,127           102,338,873             81.88%
 9.         To re-elect Caroline Sherry as a director                            102,338,071  2,070      5,859           102,340,141             81.88%
 10.       To re-appoint KPMG as auditors to the Company                         102,335,052  5,089      5,859           102,340,141             81.88%
 11.       To authorise the Directors to fix the auditors' remuneration          102,336,844  2,030      7,126           102,338,874             81.88%
 12.       To authorise the Directors to allot shares or grant                   102,332,304  7,837      5,859           102,340,141             81.88%
 subscription or conversion rights under section 551 of the Companies Act 2006
 13.       To generally disapply statutory pre-emption rights under the          99,909,871   2,430,270  5,859           102,340,141             81.88%
 Companies Act 2006
 14.       To further disapply statutory pre-emption rights in connection        99,909,871   2,430,270  5,859           102,340,141             81.88%
 with an acquisition or specified capital investment
 15.       To authorise the Company to make market purchases of its own          102,338,111  2,030      5,859           102,340,141             81.88%
 shares
 16.       To authorise the Company to make political donations and incur        96,995,783   5,343,297  6,920           102,339,080             81.88%
 political expenditure
 17.       To permit general meetings to be called on 14 clear days'             102,249,934  90,206     5,860           102,340,140             81.88%
 notice

 

Notes:

Votes 'For' include those votes giving the Chair discretion.

(i)               The number of ordinary shares in issue on 2
May 2024 was 124,989,783.  Shareholders are entitled to one vote per share.

(ii)              A vote withheld is not a vote in law and is not
counted in the calculation of the proportion of votes validly cast.

 

Resolutions 1 to 12 and 16 proposed at the AGM were passed as ordinary
resolutions and Resolutions 13 to 15 and 17 proposed at the AGM were passed as
special resolutions.

In accordance with Listing Rule 9.6.2, copies of the resolutions passed at the
Annual General Meeting (other than ordinary business) are being submitted to
the National Storage Mechanism and will shortly be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

In accordance with the Listing Rules of Euronext Dublin, a copy of such
resolutions has also been forwarded to Euronext Dublin and will shortly be
available for inspection at https://direct.euronext.com/#/oamfiling
(https://direct.euronext.com/#/oamfiling) and at the following address:

Companies Announcement Office

Euronext Dublin

28 Anglesea Street

Dublin 2

 

A copy of this announcement setting out the results of the AGM is also
available on the Company's website at www.hostelworldgroup.com
(http://www.hostelworldgroup.com/) .

The full text of each of the resolutions passed at the AGM is set out in the
notice of AGM, a copy of which is available on the Company's website
(www.hostelworldgroup.com (http://www.hostelworldgroup.com/) ).

 

For further information contact:

Hostelworld Group
plc
Corporate@hostelworld.com

Gary Morrison, Chief Executive Officer

Caroline Sherry, Chief Financial Officer

Powerscourt (Financial PR
adviser)
hostelworld@powerscourt-group.com

Eavan Gannon

Tel: +44 (0) 20 7250 1446

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RAGQKBBDQBKDPPK