REG - Costain Group PLC - Result of AGM <Origin Href="QuoteRef">COSG.L</Origin>

CostainAnnouncement

08/05/2017 17:00

RNS Number : 5149E
Costain Group PLC
08 May 2017
Costain Group PLC 
("Costain" or "the Group")
Results of 2017 AGM
At the Company's Annual General Meeting held on 08 May 2017 (the "AGM"), the resolutions set out in the Notice of Meeting, circulated to shareholders on 17 March 2017, were passed by the requisite majorities. Resolutions 1 to 12 were passed as ordinary resolutions and Resolutions 13 to 16 were passed as special resolutions. 
As at 6.30pm on 04 May 2017, the number of issued shares in the Company was 104,365,867 ordinary shares, which was the total number of shares entitling the holders to attend and vote for or against all the resolutions at the AGM. In accordance with the Company's Articles of Association, the resolutions were put to the meeting on a poll in which every member present in person or by proxy had one vote for every share held.
The poll results, on which Equiniti, the Company's registrar, acted as scrutineer, are as follows:
RESOLUTION
VOTES
FOR
% of Votes Cast
VOTES AGAINST
% of Votes Cast
TOTAL VOTES
CAST
% of
Voting Capital
VOTES WITHHELD
Resolution 1
Approve the 2016 Annual Report
62,502,735
100.00
2,470
0.00
62,505,205
59.89%
84,377
Resolution 2
Approve the Directors' Remuneration Report
61,877,507
99.74
163,564
0.26
62,041,071
59.45%
548,511
Resolution 3
Approve the Directors' Remuneration Policy
61,456,977
98.24
1,099,394
1.76
62,556,371
59.94%
33,211
Resolution 4
Approve the 2016 Final Dividend
62,587,230
100.00
2,162
0.00
62,589,392
59.97%
190
Resolution 5
Elect Dr Paul Golby
62,233,566
99.44
348,486
0.56
62,582,052
59.96%
7,530
Resolution 6
Re-elect 
Mr James Morley
61,941,359
98.98
640,584
1.02
62,581,943
59.96%
7,639
Resolution 7
Re-elect
Ms Alison Wood
62,463,411
99.81
119,969
0.19
62,583,380
59.97%
6,202
Resolution 8
Appoint PwC 
as auditors
62,482,319
99.95
33,934
0.05
62,516,253
59.90%
73,329
Resolution 9
Authorise the auditors' remuneration
62,562,962
99.97
21,601
0.03
62,584,563
59.97%
5,019
Resolution 10
Authorise the allotment of shares
62,352,333
99.63
231,640
0.37
62,583,973
59.97%
5,609
Resolution 11
Authorise Borrowing Powers
62,557,539
99.96
25,820
0.04
62,583,359
59.97%
6,223
Resolution 12
Authorise Political Donations
57,830,621
92.50
4,691,687
7.50
62,522,308
59.91%
67,274
Resolution 13
Approve disapplication of pre-emption rights (general)
61,472,083
98.32
1,052,766
1.68
62,524,849
59.91%
64,733
Resolution 14
Approve disapplication of pre-emption rights (acquisition or capital investment)
61,809,593
98.86
713,256
1.14
62,522,849
59.91%
66,733
Resolution 15
Approve purchase of own shares
61,986,871
99.07
582,440
0.93
62,569,311
59.95%
20,271
Resolution 16
Approve holding of General Meetings
on 14 days' notice
61,476,809
98.24
1,104,337
1.76
62,581,146
59.96%
8,436
Notes:
1. There were no restrictions on shareholders to cast votes on any of the resolutions proposed at the AGM.
2. Percentages are expressed as a proportion of the total votes cast (which does not include votes withheld). 
3. A vote withheld is not a vote in law and is not included in the calculation of the votes 'For' or 'Against' the resolutions, nor the total votes cast.
4. Any proxy appointments which gave discretion to the Chairman have been included in the 'For' totals.
In accordance with Listing Rule 9.6.2R, copies of all resolutions passed at the AGM today, other than those concerning ordinary business, will be submitted to the National Storage Mechanism, where they will be available for inspection at www.morningstar.co.uk/uk/nsm.aspx. In addition, copies of these resolutions will also be filed with Companies House.
The results of the 2017 AGM will be available to view on the Company's website at www.Costain.com.
  08 May 2017
ENQUIRIES:
Costain Group PLC
Tel: 01628 842 444
Tracey Wood
Company Secretary 
Instinctif Partners
Tel: 020 7457 2020
Mark Garraway 

This information is provided by RNS
The company news service from the London Stock Exchange
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