REG - Costain Group PLC - Result of AGM

CostainAnnouncement

05/05/2022 17:00

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RNS Number : 5198K  Costain Group PLC  05 May 2022

 

5 MAY 2022

 

Costain Group PLC

(the "Company")

 

RESULTS OF 2022 AGM

 

At the Company's Annual General Meeting held on 5 May 2022 (the "AGM"), the
resolutions set out in the Notice of Meeting, circulated to shareholders on 30
March 2022, were passed by the requisite majorities. Resolutions 1 to 16 were
passed as ordinary resolutions and Resolutions 17 to 21 were passed as special
resolutions.

 

As at 6.30pm on 3 May 2022, 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 EQ, the Company's registrar, acted as scrutineer
are as follows:

 

 RESOLUTION                                    NUMBER OF VOTES  % of Votes Cast  NUMBER OF VOTES AGAINST  % of Votes Cast  TOTAL VOTES  % of                         NUMBER OF VOTES WITHHELD

                                               FOR                                                                         CAST         Issued Share Capital Voted

 Resolution 1                                  177,614,044      99.98            37,637                   0.02             177,651,681  64.61%                       50,206

 Receive the 2021 Annual Report and Accounts

 Resolution 2                                  132,739,031      87.94            18,199,623               12.06            150,938,654  54.90%                       26,763,213

 Approve the Directors' Remuneration Report

 Resolution 3                                  176,507,077      99.35            1,147,064                0.65             177,654,141  64.61%                       47,726

 Re-elect Paul Golby

 Resolution 4                                  177,325,773      99.82            318,645                  0.18             177,644,418  64.61%                       57,449

 Re-elect Alex Vaughan

 Resolution 5                                  177,352,265      99.84            288,015                  0.16             177,640,280  64.61%                       61,587

 Re-elect Helen Willis

 Resolution 6                                  176,817,260      99.54            811,437                  0.46             177,628,697  64.60%                       73,170

 Re-elect Bishoy Azmy

 Resolution 7                                  177,367,239      99.86            255,785                  0.14             177,623,024  64.60%                       78,843

 Elect Neil Crockett

 Resolution 8                                  176,576,020      99.40            1,064,415                0.60             177,640,435  64.61%                       61,432

 Re-elect Jacqueline de Rojas

 Resolution 9                                                                  176,865,567  99.56  773,523     0.44   177,639,090  64.61%  62,777

 Re-elect Tony Quinlan

 Resolution 10                                                                 165,422,109  93.12  12,217,053  6.88   177,639,162  64.61%  62,705

 Elect Fiona MacAulay

 Resolution 11                                                                 177,103,443  99.84  288,742     0.16   177,392,185  64.52%  309,682

 Re-appoint PwC

 as auditor

 Resolution 12                                                                 177,511,256  99.92  139,512     0.08   177,650,768  64.61%  51,119

 Authorise the auditor's remuneration

 Resolution 13                                                                 158,424,203  89.19  19,206,367  10.81  177,630,570  64.60%  71,297

 Authorise political donations

 Resolution 14                                                                 177,151,660  99.75  451,709     0.25   177,603,369  64.59%  98,498

 Authorise the allotment of shares

 Resolution 15                                                                 177,341,314  99.83  309,231     0.17   177,650,545  64.61%  51,322

 Authorise renewal of the Scrip Dividend Scheme

 Resolution 16                                                                 177,162,063  99.72  498,560     0.28   177,660,623  64.62%  41,244

 Approve the Costain 2022 Sharesave Plan

 Resolution 17                                                                 173,138,405  97.47  4,492,674   2.53   177,631,079  64.60%  70,788

 Approve the disapplication of pre-emption rights (general)

 Resolution 18                                                                 173,174,824  97.50  4,448,602   2.50   177,623,426  64.60%  78,441

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

 Resolution 19                                                                 177,373,646  99.84  286,499     0.16   177,660,145  64.62%  41,722

 Authorise the purchase of own shares

 Resolution 20                                                                 177,160,512  99.86  245,781     0.14   177,406,293  64.52%  295,574

 Adopt new Articles of Association

 Resolution 21                                                                 176,808,261  99.51  866,505     0.49   177,674,766  64.62%  27,101

 Approve the holding of General Meetings (other than AGMs) on 14 clear days'
 notice

 

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 Chair 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
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) . In addition, copies
of these resolutions will also be filed with Companies House.

The results of the 2022 AGM will be available to view on the Company's website
at www.costain.com (http://www.costain.com) .

 
 

 

 

 

ENQUIRIES

 

Investors and analysts

Louise Bryant,
Costain
+44 7813 210 809

 

Financial media -
Headland
  costain@headlandconsultancy.com (mailto:costain@headlandconsultancy.com)

Andy
Rivett-Carnac
+44 7968 997 365

 

 

 

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