REG - 888 Holdings plc - Result of AGM
RNS Number : 5059N888 Holdings plc20 May 2020888 Holdings Public Limited Company announces that at its Annual General Meeting held in London on 20 May 2020 all resolutions were passed on a poll by shareholders. The results of the poll votes are as follows. The number of ordinary shares of GBP£0.005 in issue at the date of the AGM was 368,735,714.
Resolution
For
% of Total Votes Cast
Against
% of Total Votes Cast
Vote withheld
1 To receive the Annual Report & Accounts 2019
235,660,970
99.92%
178,334
0.08%
355,966
2 To approve the Directors' Remuneration Report (other than that part containing the Remuneration Policy)
235,697,073
99.79%
492,426
0.21%
5,771
3 To re-elect Brian Mattingley as a Director
220,493,708
93.35%
15,695,791
6.65%
5,771
4 To re-elect Itai Pazner as a Director
235,601,918
99.75%
587,581
0.25%
5,771
5 To re-elect Aviad Kobrine as a Director
235,601,951
99.75%
587,548
0.25%
5,771
6 To elect Mark Summerfield as a Director
235,783,842
99.83%
405,657
0.17%
5,771
7 To re-elect Zvika Zivlin as a Director
235,468,861
99.69%
720,638
0.31%
5,771
8 To re-elect Anne de Kerckhove as a Director
234,009,479
99.08%
2,180,020
0.92%
5,771
9 To re-appoint Ernst and Young LLP and EY Limited, Gibraltar, as the Company's Auditors
236,183,197
100.00%
1,599
0.00%
10,474
10 To authorise the Audit Committee to agree the remuneration of the Auditors
236,182,364
100.00%
7,102
0.00%
5,804
11 To declare a final dividend of 3.0 cents per ordinary share payable on 22 May 2020 to those shareholders on the register of members of the Company at close of business on 24 April 2020
236,189,499
100.00%
0
0.00%
5,771
12 To renew the Directors' authority to issue shares, as set out in the Notice of Meeting
234,891,837
99.45%
1,296,662
0.55%
6,771
13 To authorize the Company to make market purchases of its ordinary shares, as set out in the Notice of Meeting
235,817,996
99.86%
336,222
0.14%
41,052
14 To renew the Directors' authority to allot equity securities for cash
without first offering them to shareholders, as set out in the Notice of Meeting236,166,955
99.99%
21,544
0.01%
6,771
15 To renew the Directors' authority to allot equity securities for cash
in connection with an eligible acquisition or specified capital investment without first offering them to shareholders, as set out in the Notice of Meeting236,172,996
99.99%
15,503
0.01%
6,771
16 To amend the Company's Memorandum & Articles of Association in order to allow general meetings to be held electronically
182,294,592
77.23%
53,749,200
22.77%
151,478
Statement regarding AGM Resolution 16: Amendment to Memorandum & Articles of Association of 888 Holdings plc to allow for electronic or hybrid electronic/physical General Meetings in exceptional circumstances
The Board recognises the significant percentage of votes cast against this resolution. The Company notes that it had engaged with major shareholders regarding Resolution 16, culminating in its statement issued by RNS on 15 May 2020 and published on its corporate website pursuant to which the Board intends to use the authority to hold virtual meetings only in exceptional circumstances. In the coming months, the Company will engage with major shareholders on the concerns raised on this resolution, and in accordance with the UK Corporate Governance Code, we will publish an update on that engagement within six months of the AGM.
Statement regarding appointment of additional Non-executive Directors
In the 888 Holdings plc 2019 Annual Report & Accounts, the Board undertook to provide an update by the Annual General Meeting regarding appointment of additional Non-executive Directors. The Board wishes to clarify that whilst the Nominations Committee has made good progress in identifying potential candidates, the current COVID-19 outbreak has caused some delay to the overall process and timetable. However, the Board is committed to seeking additional Non-executive Directors as well as succession planning for a new Chairman and appointment of a Senior Independent Director. Further updates will follow as and when appropriate.
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 or visit www.rns.com.ENDRAGEAFSEAELEEFA
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