REG - Clarkson PLC - Result of AGM

ClarksonAnnouncement

11/05/2023 16:30

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RNS Number : 1550Z  Clarkson PLC  11 May 2023

 

 

 

CLARKSON PLC

("the Company" or "Clarksons")

 

11 May 2023

 

Results of 2023 Annual General Meeting

 

At the Annual General Meeting ("AGM") of the Company, held electronically by
video webcast at 12 noon today, all resolutions were passed on a poll. The
total number of votes received on each resolution was as follows:

 

     Description                                                      Votes for   % of votes cast  Votes against  % of votes cast  Votes cast as % of issued share capital  Votes withheld
 1   Annual Report                                                    22,821,250  99.89            24,351         0.11             74.52%                                   139,549
 2   Directors' Remuneration Report                                   12,103,220  56.31            9,392,293      43.69            70.11%                                   1,489,637
 3   Directors' Remuneration Policy                                   12,092,273  56.27            9,395,816      43.73            70.09%                                   1,497,061
 4   Final dividend                                                   22,952,765  100.00           844            0.00             74.87%                                   31,541
 5   Re-elect Laurence Hollingworth                                   18,610,318  81.23            4,299,781      18.77            74.73%                                   75,051
 6   Re-elect Andi Case                                               22,920,592  99.78            49,547         0.22             74.92%                                   15,011
 7   Re-elect Jeff Woyda                                              22,811,559  99.31            158,983        0.69             74.92%                                   14,608
 8   Re-elect Martine Bond                                            21,501,453  93.95            1,384,500      6.05             74.65%                                   99,197
 9   Re-elect Sue Harris                                              22,679,205  99.10            206,778        0.90             74.65%                                   99,167
 10  Re-elect Dr Tim Miller                                           15,050,410  65.79            7,826,430      34.21            74.62%                                   108,310
 11  Re-elect Birger Nergaard                                         18,469,007  80.63            4,436,666      19.37            74.71%                                   79,477
 12  Re-elect Heike Truol                                             22,668,442  99.05            217,511        0.95             74.65%                                   99,197
 13  Reappoint PwC as Auditor of the Company                          22,890,407  99.85            34,040         0.15             74.77%                                   60,703
 14  Authority for the Board to determine the Auditor's remuneration  22,921,265  99.89            26,275         0.11             74.85%                                   37,610
 15  Directors' authority to allot shares                             22,618,753  98.55            331,831        1.45             74.86%                                   34,566
 16  Political donations                                              22,519,202  98.80            272,710        1.20             74.34%                                   193,238
 17  Long Term Incentive Plan                                         22,695,862  98.87            259,195        1.13             74.87%                                   30,093
 18  Share Option Plan                                                22,459,713  97.78            510,021        2.22             74.92%                                   15,416
 19  Disapply pre-emption rights*                                     22,846,502  99.82            41,132         0.18             74.65%                                   97,516
 20  Purchase own shares*                                             22,851,634  99.91            20,793         0.09             74.60%                                   112,723
 21  General meeting notice period*                                   22,569,204  98.37            374,818        1.63             74.84%                                   41,128

*Special resolution requiring 75% majority.

 

Notes:

1.   Any proxy appointments which give discretion to the Chair have been
included in the "for" total.

2.   The total number of shares in issue is 30,658,953.

3.   A "vote withheld" is not a vote in law and is not counted in the
calculation of the proportion of the votes "for" or "against" a resolution.

 

Statement regarding voting result

 

The Company notes that resolution 2 to approve the Directors' Remuneration
Report; resolution 3 to approve the Directors' Remuneration Policy; and
resolution 10 to approve the re-election of the Chair of the Remuneration
Committee were passed with 56.31%, 56.27% and 65.79% support respectively. We
appreciate the support from most of our shareholders and will continue our
engagement over the year ahead.

 

Availability of documents

 

In accordance with Listing Rule 9.6.2R, copies of the resolutions (other than
those comprising ordinary business) passed at the AGM will be submitted to the
National Storage Mechanism and will be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

In addition, copies of resolution 15 and resolutions 19 to 21 will be filed
with Companies House.

 

 

For further details please contact:

 

Company enquiries:

Deborah Abrehart

Company Secretary

 

Tel: +44(0)20 7334 3185

 

Camarco:

Billy Clegg

Jennifer Renwick

 

Tel: +44(0)20 3757 4983 / 4994

 

 

About Clarkson PLC

 

Clarkson PLC is the world's leading provider of integrated services and
investment banking capabilities to the shipping and offshore markets,
facilitating global trade.

Founded in 1852, Clarksons offers its diverse and growing client base an
unrivalled range of shipbroking services, sector research, on-hand logistical
support and full investment banking capabilities in all key shipping and
offshore sectors. Clarksons continues to drive innovation across its business,
developing digital solutions which underpin the Group's unrivalled expertise
and knowledge with leading technology.

The Group employs over 1,800 people in 56 different offices across its four
divisions and is number one or two in all its market segments.

The Company has delivered 20 years of consecutive dividend growth. The highly
cash-generative nature of the business, supported by a strong balance sheet,
has enabled Clarksons to continue to invest to position the business to
capitalise on opportunities in its markets.

Clarksons is listed on the main market of the London Stock Exchange under the
ticker CKN and is a member of the FTSE 250 Index.

For more information, visit www.clarksons.com

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