REG - AIB Group PLC - Results of Annual General Meeting 2020

AIBAnnouncement

29/04/2020 16:30

RNS Number : 3713L
  
AIB Group PLC
  
29 April 2020
  
 

 
29 April 2020
 
 
 
           AIB GROUP PLC (the "Company")
 
RESULTS OF ANNUAL GENERAL MEETING 2020



The Company announces that at its Annual General Meeting ("AGM"), held today at 10 Molesworth Street, Dublin 2, all of the resolutions proposed were duly passed on a poll. 
Resolutions 1 to 8 (inclusive) were passed as ordinary resolutions and resolutions 9 to 12 (inclusive) were passed as special resolutions. 
The full text of each resolution, together with explanatory notes, are set out in the Notice of AGM which was circulated to shareholders on 30 March 2020 and made available on the Company's website at www.aib.ie/investorrelations
The results of the voting on the resolutions are as follows:




Resolution


Votes For


%


Votes Against


%


Total Votes Cast


Votes Withheld





1


To receive and consider the financial statements for the year together with the reports of the Directors and the Auditor thereon.


2,461,670,290


100.00


863


0.00


2,461,671,153


699,028




2


To declare a final dividend.


n/a
resolution withdrawn
 


-
 


n/a
resolution withdrawn
 


-
 


n/a
resolution withdrawn
 


-
 




3


To authorise the Directors to fix the remuneration of the Auditor.


2,446,823,273


99.38


15,282,701


0.62


2,462,105,974


264,206




4


To consider the continuation in office of Deloitte as Auditor.


2,452,081,167


99.58


10,282,848


0.42


2,462,364,015


6,166




5(a)


To appoint Basil Geoghegan.


2,460,540,574


99.93


1,820,553


0.07


2,462,361,127


9,049




5(b)


To reappoint Colin Hunt.


2,462,285,787


100.00


78,720


0.00


2,462,364,507


5,537




5(c)


To reappoint Sandy Kinney Pritchard.


2,458,879,886


99.86


3,481,225


0.14


2,462,361,111


9,070




5(d)


To reappoint Carolan Lennon. 


2,462,306,434


100.00


57,967


0.00


2,462,364,401


5,780




5(e)


To appoint Elaine MacLean.


2,462,350,307


100.00


10,579


0.00


2,462,360,886


9,295




5(f)


To reappoint Brendan McDonagh.


2,458,892,583


99.86


3,474,263


0.14


2,462,366,846


3,335




5(g)


To reappoint Helen Normoyle.


2,462,306,699


100.00


60,212


0.00


2,462,366,911


3,270




5(h)


To appoint Ann O'Brien.


2,462,310,503


100.00


52,780


0.00


2,462,363,283


6,898




5(i)


To reappoint Tomás O'Midheach.


2,461,872,322


99.98


490,807


0.02


2,462,363,129


7,052




5(j)


To appoint Raj Singh.


2,462,305,561


100.00


55,608


0.00


2,462,361,169


9,012




6


To consider the Directors' Remuneration Report.


2,461,244,857


99.95


1,121,887


0.05


2,462,366,744


3,437




7


To consider the Remuneration Policy.


2,447,456,331


99.39


14,908,150


0.61


2,462,364,481


5,700




8


To authorise the Directors allot relevant securities.


2,453,297,161


99.63


9,069,676


0.37


2,462,366,837


3,344




9(a)


Limited authorisation for the Directors to disapply pre-emption rights.


2,457,088,508


99.79


5,278,464


0.21


2,462,366,972


3,209




9(b)


Limited authorisation for the Directors to disapply pre-emption rights for an acquisition or specified capital event. 


2,457,086,216


99.79


5,280,560


0.21


2,462,366,776


3,405




10


To authorise purchase by the Company of its own shares.


2,461,108,992


99.95


1,206,426


0.05


2,462,315,418


50,197




11


To determine the re-issue price range at which the any treasury shares held may be re-issued off-market.


2,462,135,754


99.99


181,549


0.01


2,462,317,303


52,878




12


To authorise the Directors to convene general meetings on 14 days' notice.


2,443,142,789


99.22


19,220,691


0.78


2,462,363,480


6,701



 
 
 
In accordance with Listing Rule 6.1.11 of Euronext Dublin and Listing Rule 9.2.2E of the Financial Conduct Authority, resolutions 5(a), (c), (d), (e), (f), (g), (h), and (j), relating to the re-election of the independent non-executive Directors, were passed by majority of each of:
-     the shareholders of the Company, and 
-     the independent shareholders of the Company (that is, the shareholders of the Company entitled to vote on the election of Directors who are not controlling shareholders).
Votes cast by shareholders excluding the controlling shareholder are shown below.



Resolution


Votes For


%


Votes Against


%


Total Votes Cast


Votes Withheld




5(a)


To appoint Basil Geoghegan.


530,104,031


99.66


1,820,553


0.34


531,924,584


9,049




5(c)


To reappoint Sandy Kinney Pritchard.


528,443,343


99.35


3,481,225


0.65


531,924,568


9,070




5(d)


To reappoint Carolan Lennon. 


531,869,891


99.99


57,967


0.01


531,927,858


5,780




5(e)


To appoint Elaine MacLean.


531,913,764


100.00


10,579


0.00


531,924,343


9,295




5(f)


To reappoint Brendan McDonagh.


528,456,040


99.35


3,474,263


0.65


531,930,303


3,335




5(g)


To reappoint Helen Normoyle.


531,870,156


99.99


60,212


0.01


531,930,368


3,270




5(h)


To appoint Ann O'Brien.


531,873,960


99.99


52,780


0.01


531,926,740


6,898




5(j)


To appoint Raj Singh.


531,869,018


99.99


55,608


0.01


531,924,626


9,012



 

Notes:
1.     A "Vote Withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" a resolution.
2.     The total number of ordinary shares in issue as at Monday, 27 April 2020 was 2,714,381,237.
3.     The total number of ordinary shares held by shareholders excluding the controlling shareholder on Monday, 27 April 2020 was 783,944,694.

 
In accordance with Listing Rule 6.1.60 of Euronext Dublin and Listing Rule 9.6.2 of the Financial Conduct Authority, copies of all resolutions, other than those concerning ordinary business, passed at the AGM today have been submitted to Euronext Dublin and the UK National Storage Mechanism and will be shortly available for inspection at www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism.
-ENDS-
For further information, please contact:



Conor Gouldson 


Paddy McDonnell




Head of Corporate Governance


Head of Media Relations




AIB Group plc


AIB Group plc




Dublin


Dublin




Tel: +353-1-772 0030


Tel: 353-1-641 2869




email: conor.w.gouldson@aib.ie


email: paddy.x.mcdonnell@aib.ie



 


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