REG - Costain Group PLC - Result of AGM

CostainAnnouncement

19/06/2020 11:30

RNS Number : 5219Q
  
Costain Group PLC
  
19 June 2020
  
 

Costain Group PLC 
(the "Company")
 
Results of 2020 AGM
 
At the Company's Annual General Meeting held on 19 June 2020 (the "AGM"), the resolutions set out in the Notice of Meeting, circulated to shareholders on 18 May 2020, were passed by the requisite majorities. The meeting was convened with the minimum necessary quorum of two shareholders. Resolutions 1 to 13 were passed as ordinary resolutions and Resolutions 14 to 17 were passed as special resolutions. 
 
As at 6.30pm on 17 May 2020, the number of issued shares in the Company was 274,949,741 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
 
 
 


NUMBER OF VOTES
FOR


% of Votes Cast


NUMBER OF VOTES AGAINST


% of Votes Cast


TOTAL VOTES
CAST


% of
Voting Capital


NUMBER OF VOTES WITHHELD




Resolution 1
Receive the 2019 Annual Report and Accounts
 


191,083,758


99.96


74,456


0.04


191,158,214


69.52%


12,334




Resolution 2
Approve the Directors' Remuneration Report (other than the policy in Resolution 3 below)
 


190,776,383


99.82


336,109


0.18


191,112,492


69.51%


58,057




Resolution 3
Approve the Directors' Remuneration Policy
 


172,127,866


90.09


18,941,374


9.91


191,069,240


69.49%


101,308




Resolution 4
Re-elect 
Dr Paul Golby
 


189,003,823


98.88


2,144,242


1.12


191,148,065


69.52%


22,483




Resolution 5
Elect 
Mr Alex Vaughan
 


191,048,699


99.95


86,050


0.05


191,134,749


69.52%


35,800




Resolution 6
Re-elect 
Mr Anthony Bickerstaff
 


190,990,155


99.93


133,615


0.07


191,123,770


69.51%


46,778




Resolution 7
Re-elect 
Ms Jane Lodge
 


188,835,812


98.80


2,292,860


1.20


191,128,672


69.51%


41,876




Resolution 8
Re-elect 
Ms Alison Wood
 


191,014,233


99.94


114,083


0.06


191,128,316


69.51%


42,233




Resolution 9
Re-elect 
Ms Jacqueline de Rojas 
 


190,925,703


99.89


203,298


0.11


191,129,001


69.51%


41,548




Resolution 10
Re-appoint PwC 
as auditor
 


190,898,785


99.92


152,518


0.08


191,051,303


69.49%


119,246




RESOLUTION
 
 
 


NUMBER OF VOTES
FOR


% of Votes Cast


NUMBER OF VOTES AGAINST


% of Votes Cast


TOTAL VOTES
CAST


% of
Voting Capital


NUMBER OF VOTES WITHHELD




Resolution 11
Authorise the auditor's remuneration
 


191,046,561


99.96


76,378


0.04


191,122,939


69.51%


47,610




Resolution 12
Authorise political donations
 


185,175,132


96.89


5,946,719


3.11


191,121,851


69.51%


48,698




Resolution 13
Authorise the allotment of shares
 


190,751,325


99.79


394,535


0.21


191,145,860


69.52%


24,689




Resolution 14
Approve the disapplication of pre-emption rights (general)
 


190,813,201


99.85


295,591


0.15


191,108,792


69.51%


61,757




Resolution 15
Approve the disapplication of pre-emption rights (acquisition or capital investment)
 


190,812,448


99.84


314,812


0.16


191,127,260


69.51%


43,288




Resolution 16
Authorise the purchase of own shares
 


188,813,535


98.78


2,339,648


1.22


191,153,183


69.52%


17,365




Resolution 17
Approve the holding of General Meetings (not AGMs) on 14 clear days' notice
 


190,898,307


99.86


265,328


0.14


191,163,635


69.53%


6,914



 
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 shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. In addition, copies of these resolutions will also be filed with Companies House.
The results of the 2020 AGM will be available to view on the Company's website at www.costain.com.
 
                                                                                                                                        19 June 2020
 



Enquiries:








Costain Group PLC


Tel:  01628 842 444




Tracey Wood, Company Secretary




























MHP Communications

Tim Rowntree, Peter Hewer 


Tel:  020 3128 8100
costain@mhpc.com  



 


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