REG - Auto Trader Grp - Result of AGM

Auto TraderAnnouncement

19/09/2024 13:45

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RNS Number : 9105E  Auto Trader Group plc  19 September 2024

Auto Trader Group plc Result of Annual General Meeting

Auto Trader Group plc (LSE: AUTO, "Auto Trader" or the "Company"), the UK's
largest digital automotive marketplace, announces the results of the Company's
Annual General Meeting ("AGM") held on 19 September 2024.

Each of the resolutions were voted on by way of a poll, and the result of each
resolution is shown below. All resolutions were passed.

The total number of shares on the register at 6pm on 17 September 2024,
therefore those being eligible to be voted on at the AGM, was 894,856,400
(excluding treasury shares).

                                                                                For*                   Against              Total votes cast  Votes withheld***
 Resolution                                                                     No. of votes  %**      No. of votes  %**    No. of votes      No. of votes
 1.   To receive the Annual Report and Accounts of the Company for the          709,478,894   99.80%   1,422,310     0.20%  710,901,204       9,150,743
 financial year ended 31 March 2024
 2.   To approve the Directors' Remuneration Policy                             690,020,617   95.88%   29,676,477    4.12%  719,697,094       354,853
 3.   To approve the Directors' Remuneration Report                             689,383,393   95.75%   30,611,669    4.25%  719,995,062       56,885
 4.   To declare a final dividend of 6.4 pence per ordinary share for the       719,950,376   100.00%  541           0.00%  719,950,917       101,030
 year ended 31 March 2024
 5.   To re-elect Matt Davies as a Director                                     695,751,268   96.63%   24,251,610    3.37%  720,002,878       49,069
 6.   To re-elect Nathan Coe as a Director                                      719,577,296   99.94%   425,582       0.06%  720,002,878       49,069
 7.   To re-elect Jeni Mundy as a Director                                      709,379,466   99.67%   2,378,612     0.33%  711,758,078       8,293,869
 8.   To re-elect Catherine Faiers as a Director                                719,577,895   99.94%   425,233       0.06%  720,003,128       48,819
 9.   To re-elect Jamie Warner as a Director                                    719,312,864   99.90%   690,014       0.10%  720,002,878       49,069
 10. To re-elect Sigga Sigurdardottir as a Director                             709,887,938   99.74%   1,869,890     0.26%  711,757,828       8,294,119
 11. To re-elect Jasvinder Gakhal as a Director                                 709,890,930   99.74%   1,867,148     0.26%  711,758,078       8,293,869
 12. To elect Geeta Gopalan as a Director                                       708,406,530   98.39%   11,596,598    1.61%  720,003,128       48,819
 13. To elect Amanda James as a Director                                        703,140,452   97.66%   16,862,676    2.34%  720,003,128       48,819
 14. To re-appoint KPMG LLP as auditors of the Company                          710,520,713   98.68%   9,482,415     1.32%  720,003,128       48,819
 15. To authorise the Board to determine the auditors' remuneration             719,925,776   99.99%   78,485        0.01%  720,004,261       47,686
 16. To authorise the Directors to allot shares                                 687,717,700   95.52%   32,287,480    4.48%  720,005,180       46,767
 17. Adoption of the Auto Trader 2024 Long Term Incentive Plan                  705,493,892   97.98%   14,510,928    2.02%  720,004,820       47,127
 18. Adoption of the Auto Trader 2024 Deferred Bonus Plan                       708,920,859   98.46%   11,079,851    1.54%  720,000,710       51,237
 19. Approval of amendments to the Auto Trader Group plc Savings Related Share  713,771,980   99.34%   4,759,579     0.66%  718,531,559       1,520,388
 Option Plan
 20. Approval of amendments to the Auto Trader Group plc Share Incentive Plan   718,130,272   99.94%   399,902       0.06%  718,530,174       1,521,773
 21. To authorise the partial disapplication of pre-emption rights****          716,795,476   99.55%   3,209,704     0.45%  720,005,180       46,767
 22. To authorise the partial disapplication of pre-emption rights in           707,431,874   98.25%   12,573,306    1.75%  720,005,180       46,767
 connection with an acquisition or investment****
 23. To authorise the Company to purchase its own shares****                    710,181,601   98.66%   9,636,554     1.34%  719,818,155       233,792
 24. To authorise the Company to call general meetings on not less than 14      675,903,098   93.88%   44,100,030    6.12%  720,003,128       48,819
 clear days' notice****

NOTES:

* The "For" votes include those giving the Chairman discretion.

** Votes "For" and "Against" are expressed as a percentage of votes received.

***A vote "withheld" is not a vote in law and is not counted in the
calculation of the votes "For" or "Against" the resolution.

****Denotes Special Resolutions

Percentage of shares voted: 80.47%. The number of shares in issue at close of
business on 17 September 2024 was 894,856,400 (excluding treasury shares).

 

The full text of the resolutions can be found in the Notice of Annual of
General Meeting, which is available for inspection at the National Storage
Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) and also on the
Company's website at https://plc.autotrader.co.uk
(https://plc.autotrader.co.uk)

A copy of the resolutions passed under special business (as defined by the
listing rules of the UK Listing Authority) will shortly be submitted to the
National Storage Mechanism for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

 

 Auto Trader Group plc                  0345 111 0006
 Claire Baty, Company Secretary
 Powerscourt                            +44 (0)20 7250 1446

 autotrader@powerscourt-group.com

About Auto Trader

Auto Trader Group plc is the UK's largest automotive platform. It listed on
the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.

Auto Trader's purpose is Driving Change Together. Responsibly. Auto Trader is
committed to creating a diverse and inclusive culture, it aims to build
stronger partnerships with its customers and use its voice and influence to
drive more environmentally friendly vehicle choices.

With the largest number of car buyers and the largest choice of trusted stock,
Auto Trader's marketplace sits at the heart of the UK car buying process. That
marketplace is built on an industry-leading technology and data platform,
which is increasingly used across the automotive industry. Auto Trader is
continuing to bring more of the car buying journey online, creating an
improved buying experience, whilst enabling all its retailer partners to sell
vehicles online.

Auto Trader publishes a monthly used car Retail Price Index which is based on
pricing analysis of circa 800,000 unique vehicles. The same data that powers
the Index is used by the Office for National Statistics to make the UK's
official measures of inflation more robust, as well as the Bank of England to
feed the broader UK economic indicators.

 For more information, please visit: https://plc.autotrader.co.uk/
(https://eur03.safelinks.protection.outlook.com/?url=https%3A%2F%2Fplc.autotrader.co.uk%2F&data=05%7C02%7CClaire.Pickering%40autotrader.co.uk%7C5b06d8a6989b4771c4a908dc95086602%7C926f3743f3d24b8a816818cfcbe776fe%7C0%7C0%7C638549110525637654%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=lWv6xjm58fGrSndGPdPBAKRLWroFWerO38xR9grNgKo%3D&reserved=0)

 

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