REG - Stobart Group Ltd - Result of AGM

EskenAnnouncement

30/07/2020 11:40

RNS Number : 6350U
  
Stobart Group Limited
  
30 July 2020
  
 

30 July 2020
STOBART GROUP LIMITED
('Stobart Group' or 'the Group')
 
Result of AGM 
 
Stobart Group, the aviation and energy infrastructure group, announces the result of voting on the resolutions at its Annual General Meeting, held at 11.00 a.m. on 30 July 2020.
 
Resolutions 1 to 20 in the Notice of Annual General Meeting were passed by the required majority by means of a poll.  The results of the poll on each resolution are set out below.
 







For


Against


Total votes cast


Votes withheld




Resolution


No. of votes


%


No. of votes


%


No. of votes


No. of votes




1.   Receive the 2020 Annual Accounts, Directors' Report and Auditor's Report


468,491,307


93.58


32,152,506


6.42


500,643,813


1,905,496




2.   Re-elect David Shearer as a Director


499,707,895


99.44


2,817,364


0.56


502,525,259


24,050




3.   Re-elect Warwick Brady as a Director


500,747,935


99.94


309,999


0.06


501,057,934


1,491,376




4.   Re-elect Nick Dilworth as a Director


500,849,041


99.96


208,893


0.04


501,057,934


1,491,376




5.   Re-elect Lewis Girdwood as a Director


502,305,433


99.96


221,327


0.04


502,526,760


22,550




6.   Re-elect Ginny Pulbrook as a Director


501,751,448


99.85


770,094


0.15


502,521,542


27,768




7.   Re-elect John Coombs as a Director


488,324,033


97.17


14,196,508


2.83


502,520,541


28,768




8.   Re-elect David Blackwood as a Director


501,820,633


99.86


700,909


0.14


502,521,542


27,768




9.   Approve the appointment of Clive Condie as a Director


502,437,910


99.98


85,121


0.02


502,523,031


26,279




10. Re-appoint KPMG LLP as Auditors


500,888,311


99.98


109,232


0.02


500,997,543


1,551,767




11. Authorise the Directors to determine the Auditors' remuneration


502,418,979


99.98


97,262


0.02


502,516,241


33,069




12. Approve the Directors' Remuneration Report


500,752,943


99.65


1,765,417


0.35


502,518,360


30,949




13. Approve the Directors' Remuneration Policy


482,484,623


96.02


20,019,757


3.98


502,504,380


44,929




14.  Approve the rules and adoption of the 2020 Long Term Incentive Plan


500,757,799


99.66


1,705,359


0.34


502,463,158


86,151




15.  Approve the rules and adoption of the 2020 Deferred Bonus Plan


500,757,588


99.66


1,701,216


0.34


502,458,804


90,505




16.  Authorise the issuance of shares


501,245,482


99.76


1,225,511


0.24


502,470,993


78,317


































   17. Disapply pre- emption rights


467,946,980


93.13


34,519,870


6.87


502,466,850


82,460




  18. Additional disapplication of pre-emption rights


435,836,769


86.74


66,628,969


13.26


502,465,738


83,571




    19. Authorise the Company to make market acquisitions of its ordinary shares


500,813,506


99.66


1,699,453


0.34


502,512,959


36,350




    20. Adopt the new Articles of Incorporation


500,824,097


99.97


166,065


0.03


500,990,162


1,559,147



The number of ordinary shares in issue on 30 July 2020 was 624,926,123. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes 'For' or 'Against' a resolution. 
 
A copy of resolutions 14 to 20 (being the special business of the Annual General Meeting, as set out in the notice of the Annual General Meeting) passed, will shortly be submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/nsm.
 



Enquiries: 








Stobart Group Limited








Charlie Geller, Group Head of Communications


c/o Newgate Communications




 
Newgate Communications


 
+44 203 757 6880
+44 203 757 6884




Giles Croot / Ian Silvera / Isabelle Smurfit 
 


stobart@newgatecomms.com



 


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