REG - abrdn PLC - Result of AGM

AberdeenAnnouncement

18/05/2022 16:15

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RNS Number : 9961L  abrdn PLC  18 May 2022

abrdn plc

Results of Annual General Meeting

 

 

 

The Board of abrdn plc ('the Company') is pleased to announce that all the
resolutions put to its Annual General Meeting held earlier today, Wednesday 18
May 2022, were duly passed.

 

The results of the polls were as follows:

 

                                                                                  For            % For  Against      Total Votes Validly Cast  Votes Withheld

 Resolution 1:                                                                    1,036,764,601  99.03  10,199,242   1,046,963,843             10,446,606

 To receive and consider the Annual report and accounts 2021
 Resolution 2:                                                                    1,040,230,069  98.41  16,832,845   1,057,062,914             347,535

 To declare a final dividend for 2021
 Resolution 3:                                                                    1,036,692,688  98.16  19,435,555   1,056,128,243             1,282,206

 To re-appoint KPMG LLP as auditors
 Resolution 4:                                                                    1,044,968,402  98.93  11,253,638   1,056,222,040             1,188,409

 To authorise the audit committee to set the auditors' fees
 Resolution 5:                                                                    1,009,839,204  96.23  39,512,722   1,049,351,926             8,058,523

 To approve the Directors' remuneration report
 Resolution 6A:                                                                   1,016,087,065  96.91  32,372,391   1,048,459,456             8,950,993

 To re-elect Sir Douglas Flint CBE as a Director
 Resolution 6B:                                                                   1,012,399,530  96.86  32,816,563   1,045,216,093             12,193,761

 To re-elect Jonathan Asquith as a Director
 Resolution 6C:                                                                   1,039,954,796  98.53  15,531,199   1,055,485,995             1,924,454

 To re-elect Stephen Bird as a Director
 Resolution 6D:                                                                   1,039,597,827  98.49  15,911,756   1,055,509,583             1,896,434

 To re-elect Stephanie Bruce as a Director
 Resolution 6E:                                                                   1,025,920,748  97.21  29,468,630   1,055,389,378             2,004,804

 To re-elect John Devine as a Director
 Resolution 6F:                                                                   881,815,001    83.55  173,590,503  1,055,405,504             1,995,158

 To re-elect Brian McBride as a Director
 Resolution 6G:                                                                   1,038,716,710  98.41  16,793,483   1,055,510,193             1,897,913

 To re-elect Cathleen Raffaeli as a Director
 Resolution 6H:                                                                   1,038,627,939  98.40  16,895,229   1,055,523,168             1,887,263

 To re-elect Cecilia Reyes as a Director
 Resolution 7A:                                                                   889,145,502    84.25  166,215,240  1,055,360,742             2,024,740

 To elect Catherine Bradley CBE as a Director
 Resolution 7B:                                                                   1,049,255,061  99.43  6,014,095    1,055,269,156             2,138,932

 To elect Hannah Grove as a Director
 Resolution 7C:                                                                   1,035,603,009  98.14  19,624,226   1,055,227,235             2,180,871

 To elect Pam Kaur as a Director, with effect from 1 June 2022
 Resolution 7D:                                                                   1,040,218,373  98.58  15,000,414   1,055,218,787             2,190,070

 To elect Michael O'Brien as a Director, with effect from 1 June 2022
 Resolution 8:                                                                    1,029,566,404  97.59  25,432,251   1,054,998,655             2,411,199

 To provide limited authority to the Company and its subsidiaries to make
 political donations and to incur political expenditure
 Resolution 9:                                                                    854,012,310    80.88  201,920,042  1,055,932,352             1,478,097

 To authorise the Directors to issue further shares
 Resolution 10 (Special):                                                         870,176,413    83.00  178,267,190  1,048,443,603             8,966,672

 To disapply share pre-emption rights
 Resolution 11 (Special):                                                         1,035,051,451  98.03  20,782,942   1,055,834,393             1,573,713

 To give authority for the Company to buy back up to 10% of its issued ordinary
 shares
 Resolution 12:                                                                   867,715,396    82.73  181,170,324  1,048,885,720             8,524,134

 To authorise the Directors to allot shares in relation to the issuance of
 Convertible Bonds
 Resolution 13 (Special):                                                         859,330,096    81.99  188,796,669  1,048,126,765             9,283,089

 To disapply pre-emption rights in respect of allotments of equity securities
 in relation to the issuance of Convertible Bonds
 Resolution 14 (Special):                                                         995,983,935    94.29  60,328,733   1,056,312,668             1,097,353

 To allow the Company to call general meetings on 14 days' notice
 Resolution 15 (Special):                                                         1,041,964,619  98.83  12,299,127   1,054,263,746             3,145,111

 To cancel the capital redemption reserve

 

 

Other matters

 

As previously announced, we confirm that Martin Pike and Jutta af Rosenborg
did not seek re-election, and retired from the Board at the conclusion of the
meeting.

 

John Devine has been appointed Chair of the Risk & Capital Committee and
Catherine Bradley has been appointed Chair of the Audit Committee and member
of the Nomination & Governance Committee with effect from 18 May 2022.

 

We also confirm that Resolution 15, relating to the cancellation of the
Company's capital redemption reserve (the "Cancellation"), was passed as a
special resolution.  As explained in the AGM Guide, the Cancellation, which
was proposed as a matter of balance sheet management and in order to create
distributable reserves, remains subject to the confirmation of the Court of
Session in Edinburgh.

 

The total number of shares in issue at 6pm on Tuesday 17 May 2022 was
2,180,725,768 ordinary shares of 13(61)/(63) pence each.

 

Votes withheld are not a vote in law and have not been counted in the
calculation of the votes for and against each resolution, the total votes
validly cast or the calculation of the proportion of issued share capital
voted.

 

Copies of all resolutions are available for inspection in the AGM Guide
previously submitted to the National Storage Mechanism at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

 

In accordance with Listing Rule 9.6.2, copies of the resolutions that do not
constitute ordinary business at an annual general meeting will also be
submitted to the National Storage Mechanism and available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

 

The AGM Guide and the voting results are also available on the abrdn plc
website at www.abrdn.com (http://www.abrdn.com)

 

 

18 May 2022

 

Enquiries:

 Group Secretariat

 Paul McKenna        +44 (0) 131 372 0703*

 Media Relations

 Andrea Ward         +44 (0) 7876 178 696

 Investor Relations

 Catherine Nash      +44 (0) 7798 518 657

 

 

* Calls may be monitored and/or recorded to protect both you and us and help
with our training.  Call charges will vary.

 

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Classification: 3.1. Additional regulated information required to be disclosed
under the laws of the United Kingdom

 

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