REG - AIB Group PLC - Results of Annual General Meeting 2019
RNS Number : 0016XAIB Group PLC24 April 2019
24 April 2019
AIB GROUP PLC (the "Company")
RESULTS OF ANNUAL GENERAL MEETING 2019
The Company announces that at its Annual General Meeting ("AGM"), held today at the Ballsbridge Hotel, Ballsbridge, Dublin 4, 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 14 (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 25 March 2019 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 Auditor thereon.
2,494,954,584
100
386
0.00
2,494,954,970
820,393
2
To declare a final dividend.
2,495,775,022
100
269
0.00
2,495,775,291
72
3
To authorise the Directors to fix the remuneration of the Auditor.
2,485,473,592
99.59
10,181,307
0.41
2,495,654,899
120,464
4
To consider the continuation in office of Deloitte as Auditor.
2,487,226,579
99.68
7,891,370
0.32
2,495,117,949
657,414
5(a)
To re-appoint Mr Thomas (Tom) Foley.
2,491,912,916
99.85
3,859,415
0.15
2,495,772,331
3,032
5(b)
To re-appoint Mr Peter Hagan.
2,491,439,569
99.83
4,332,714
0.17
2,495,772,283
3,080
5(c)
To re-appoint Dr Colin Hunt.
2,495,771,055
100.00
1,271
0.00
2,495,772,326
3,037
5(d)
To re-appoint Ms Sandy Kinney Pritchard.
2,495,770,929
100.00
1,359
0.00
2,495,772,288
3,075
5(e)
To re-appoint Ms Carolan Lennon.
2,495,246,349
99.98
528,221
0.02
2,495,774,570
793
5(f)
To re-appoint Mr Brendan McDonagh.
2,491,243,508
99.82
4,528,840
0.18
2,495,772,348
3,015
5(g)
To re-appoint Ms Helen Normoyle.
2,495,719,274
100.00
55,259
0.00
2,495,774,533
830
5(h)
To re-appoint Mr James (Jim) O'Hara.
2,490,450,831
99.79
5,321,475
0.21
2,495,772,306
3,057
5(i)
To re-appoint Mr Tomás O'Midheach.
2,495,593,096
99.99
179,161
0.01
2,495,772,257
3,105
5(j)
To re-appoint Mr Richard Pym.
2,486,109,045
99.61
9,663,252
0.39
2,495,772,297
3,062
5(k)
To re-appoint Ms Catherine Woods.
2,490,236,110
99.78
5,538,512
0.22
2,495,774,622
741
6
To consider the Directors' Remuneration Report.
2,490,883,109
99.80
4,891,852
0.20
2,495,774,961
359
7
To consider the Remuneration Policy.
2,470,152,901
98.97
25,618,735
1.03
2,495,771,636
3,684
8
To authorise the Directors to allot relevant securities.
2,486,719,464
99.64
9,053,313
0.36
2,495,772,777
2,543
9(a)
To empower the Directors to disapply pre-emption rights.
2,487,824,508
99.68
7,947,006
0.32
2,495,771,514
3,848
9(b)
Additional authority to empower Directors to disapply pre-emption rights for an acquisition or other specified capital investment.
2,480,609,832
99.39
15,161,650
0.61
2,495,771,482
3,880
10
To authorise purchase by the Company of its own shares.
2,491,792,180
99.84
3,933,115
0.16
2,495,725,295
50,068
11
To determine the price range at which treasury shares may be reissued off market.
2,495,762,892
100.00
12,090
0.00
2,495,774,982
381
12
To authorise the Directors to call certain general meetings on 14 days' notice.
2,468,470,653
98.91
27,304,566
1.09
2,495,775,219
144
13
To approve the cancellation of the subscriber shares from the authorised share capital.
2,495,758,177
100.00
10,246
0.00
2,495,768,423
6,938
14
To approve the amendment of the Articles of Association.
2,495,764,797
100.00
7,987
0.00
2,495,772,784
2,577
In accordance with Listing Rule 6.2.2E of Euronext Dublin and Listing Rule 9.2.2E of the Financial Conduct Authority, resolutions 5(a), (b), (d), (e), (f), (g), (h), (j) and (k), 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[1]).
Votes cast by shareholders excluding the controlling shareholder are shown below.
Resolution
Votes For
%
Votes Against
%
Total Votes Cast
Votes Withheld
5(a)
To re-appoint Mr Thomas (Tom) Foley.
561,476,373
99.32
3,859,415
0.68
565,335,788
3,032
5(b)
To re-appoint Mr Peter Hagan.
561,003,026
99.23
4,332,714
0.77
565,335,740
3,080
5(d)
To re-appoint Ms Sandy Kinney Pritchard.
565,334,386
100.00
1,359
0.00
565,335,745
3,075
5(e)
To re-appoint Ms Carolan Lennon.
564,809,806
99.91
528,221
0.09
565,338,027
793
5(f)
To re-appoint Mr Brendan McDonagh.
560,806,965
99.20
4,528,840
0.80
565,335,805
3,015
5(g)
To re-appoint Ms Helen Normoyle.
565,282,731
99.99
55,259
0.01
565,337,990
830
5(h)
To re-appoint Mr James (Jim) O'Hara.
560,014,288
99.06
5,321,475
0.94
565,335,763
3,057
5(j)
To re-appoint Mr Richard Pym.
555,672,502
98.29
9,663,252
1.71
565,335,754
3,062
5(k)
To re-appoint Ms Catherine Woods.
559,799,567
99.02
5,538,512
0.98
565,338,079
741
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, 22 April 2019 was 2,714,381,237.
3. The total number of ordinary shares held by shareholders excluding the controlling shareholder on Monday, 22 April 2019 was 783,944,694.
In accordance with Listing Rule 6.6.2 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.morningstar.co.uk/uk/NSM.
-ENDS-
For further information, please contact:
Sarah McLaughlin
Stephen O'Shea / Paddy McDonnell
Group Company Secretary
Media Relations
AIB Group plc
AIB Group plc
Dublin
Dublin
Tel: +353-1-6414489
Tel: 353-1-7720456 / +353-1-6412869
email: sarah.j.mclaughlin@aib.ie
email: stephen.p.o'shea@aib.ie
[1] Controlling shareholder: shareholder(s) that exercise or control more than 30% of the voting rights of the Company.
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