REG - Evraz Plc - Result of AGM
RNS Number : 9828BEvraz Plc15 June 2021
EVRAZ plc (the "Company")
Results of the Annual General Meeting
The Annual General Meeting (the "Meeting") of the Company was held on Tuesday 15 June 2021 at 11.00am (London time). At the Meeting, the ordinary and special resolutions set out in the Notice of the Annual General Meeting dated 14 May 2021 (the "Notice of AGM"), were proposed and passed by way of a poll. Resolutions 1 to 16 were passed as ordinary resolutions. Resolutions 17 to 20 were passed as special resolutions.
Full details of the poll results are set out below and will also be available on the Company's website www.evraz.com.
No
RESOLUTION
VOTES
FOR%
VOTES
AGAINST%
TOTAL VOTES
% of ISC VOTED
VOTES
WITHHELD1
To receive the Directors' report and the accounts for the
Company for the year ended 31 December 2020
1,134,229,649
99.98
199,859
0.02
1,134,429,508
77.77
147,257
2
To approve the Annual Remuneration Report set out on pages 127 - 139 of the 2020 Annual
Report and Accounts
1,070,842,969
94.41
63,394,671
5.59
1,134,237,640
77.76
339,125
3
To re-elect Alexander Abramov as a Director
939,047,089
82.77
195,494,936
17.23
1,134,542,025
77.78
34,740
4
To re-elect Alexander Frolov as a Director
1,125,565,172
99.21
8,996,905
0.79
1,134,562,077
77.78
14,688
5
To re-elect Eugene Shvidler as a Director
1,068,211,006
94.15
66,351,070
5.85
1,134,562,076
77.78
14,689
6
To re-elect Eugene Tenenbaum as a Director
1,124,988,376
99.16
9,575,200
0.84
1,134,563,576
77.78
13,189
7
To re-elect Karl Gruber as a Director
1,124,911,844
99.15
9,650,232
0.85
1,134,562,076
77.78
14,689
7*
To re-elect Karl Gruber as a Director
284,550,822
96.72
9,650,232
3.28
294,201,054
47.58
14,689
8
To re-elect Deborah Gudgeon as a Director.
1,091,272,338
96.18
43,292,238
3.82
1,134,564,576
77.78
12,189
8*
To re-elect Deborah Gudgeon as a Director
250,911,316
85.28
43,292,238
14.72
294,203,554
47.58
12,189
9
To re-elect Alexander Izosimov as a Director
1,022,501,908
90.13
112,021,377
9.87
1,134,523,285
77.78
53,480
9*
To re-elect Alexander Izosimov as a Director
182,140,886
61.92
112,021,377
38.08
294,162,263
47.57
53,480
10
To re-elect Sir Michael Peat as a Director
1,088,525,660
95.94
46,037,416
4.06
1,134,563,076
77.78
13,689
10*
To re-elect Sir Michael Peat as a Director
248,164,638
84.35
46,037,416
15.65
294,202,054
47.58
13,689
11
To elect Stephen Odell as a Director
1,124,643,454
99.13
9,920,123
0.87
1,134,563,577
77.78
13,188
11*
To elect Stephen Odell as a Director
284,282,432
96.63
9,920,123
3.37
294,202,555
47.58
13,188
12
To elect James Rutherford as a Director
1,118,210,689
98.56
16,352,888
1.44
1,134,563,577
77.78
13,188
12*
To elect James Rutherford as a Director
277,849,667
94.44
16,352,888
5.56
294,202,555
47.58
13,188
13
To elect Sandra Stash as a Director
1,133,881,689
99.94
682,888
0.06
1,134,564,577
77.78
12,188
13*
To elect Sandra Stash as a Director
293,520,667
99.77
682,888
0.23
294,203,555
47.58
12,188
14
To re-appoint Ernst & Young LLP as auditors of the Company
1,130,092,121
99.61
4,472,827
0.39
1,134,564,948
77.78
11,817
15
To authorise the Audit Committee of the Company to fix the remuneration of the auditors
1,130,255,659
99.62
4,307,756
0.38
1,134,563,415
77.78
11,267
16
To authorise the Directors to allot shares
1,118,846,827
98.61
15,714,039
1.39
1,134,560,866
77.78
15,899
17
To authorise the Directors to allot shares wholly for cash
1,128,970,915
99.88
1,351,420
0.12
1,130,322,335
77.78
4,254,430
18
To authorise the Directors to allot shares wholly for cash
and used only for financing acquisitions or capital
investments
1,127,715,646
99.77
2,606,688
0.23
1,130,322,334
77.78
4,254,431
19
To authorise the Company to buy back shares
1,131,613,650
99.98
240,850
0.02
1,131,854,500
77.78
2,722,265
20
To authorise the Directors to call a general meeting other than an annual general meeting on not less than 14 clear days' notice
1,118,320,664
98.57
16,246,330
1.43
1,134,566,994
77.78
9,771
* Result of poll of independent shareholders only.
Notes:
1. Any proxy arrangement which gave discretion to the Chairman has been included in the "for" totals.
2. A "vote withheld" is not a vote under English law and is not counted in the calculation of the proportion of votes "for" or "against" a resolution.
3. The issued share capital of EVRAZ plc as at 15 June 2021 is 1,506,527,294 ordinary shares. The Company holds 47,837,582 ordinary shares in treasury. The total number of voting rights attaching to the ordinary shares of the Company is therefore 1,458,689,712.
4. The scrutineer of the poll was Computershare Investor Services PLC.
5. All percentages are rounded to two decimal points.
As advised on 11 May 2021, following the successful outcome of the Annual General Meeting poll, Mr. Stephen Odell, Mr. James Rutherford and Ms. Sandra Stash have been appointed as non-executive directors of the Company with effect from 15 June 2021.
The Board notes the outcome of the poll results for resolution 9, where Mr. Izosimov secured 61.92% of the independent shareholders votes for his re-election. The Board understands that some shareholders are expressing their concerns over the Board's gender diversity level which is presently below the Hampton-Alexander review recommendation, with only two of the Board's eleven members being female. It is the Company's intention to comply with the Hampton-Alexander recommendations as directors retire and suitable candidates can be identified. As Chairman of the Nominations Committee, Mr. Izosimov will consult with shareholders and take their views into account during future recruitment searches.
In accordance with Listing Rule 9.6.2, a copy of the resolutions passed at the Meeting will shortly be available for inspection on the National Storage Mechanism which can be accessed at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
For further information:
Media Relations:
Investor Relations:
Mariya Starovoyt
Director, External communications
+44 207 290 1096
Irina Bakhturina
Director, Investor Relations
+44 207 290 1095
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