REG - Fresnillo Plc - Result of AGM

FresnilloAnnouncement

21/05/2019 16:15

RNS Number : 7517Z
Fresnillo PLC
21 May 2019
 


                                                                                                        Fresnillo plc
21 Upper Brook Street
London W1K 7PY
United Kingdom
www.fresnilloplc.com
 
21 May 2019
 
Fresnillo plc - Result of AGM
The Board is pleased to announce that all of the resolutions put to shareholders at today's Annual General Meeting were passed by means of a poll, including the ordinary resolutions  (resolutions 1 to 19) and special resolutions (resolutions 20 to 23) as set out in  the Company's notice of AGM dated 16 April 2019. The votes cast for resolutions 10 to 15 relating to the re-election and election of the independent Directors were duly passed by both a majority of the votes cast by the independent shareholders as well as by a majority of votes cast by all shareholders. These votes have been calculated separately and are shown below (independent shareholder votes cast being marked **).   
 
The final voting figures are shown below.
 
 




Resolution


Total Votes Cast


For (*)


Against (*)


Withheld




Number


%


Number


%




1: Presentation of the accounts


687,898,689


687,897,889


100.00


800


0.00


95,282




2: To approve the final dividend


687,983,544


687,983,544


100.00


0


0.00


10,427




3: To approve the Annual Report on Remuneration


687,978,210


683,901,409


99.41


4,076,801


0.59


15,761




4: To re-elect Mr Alberto Baillères


659,419,970


609,182,667


92.38


50,237,303


7.62


28,574,000




5: To re-elect Mr Alejandro Baillères


687,980,500


683,120,538


99.29


4,859,962


0.71


13,470




6: To re-elect Mr Juan Bordes


687,415,873


680,496,283


98.99


6,919,590


1.01


578,097




7: To re-elect Mr Arturo Fernández


687,415,818


680,496,228


98.99


6,919,590


1.01


578,157




8: To re-elect Mr Jaime Lomelín


687,980,500


686,791,496


99.83


1,189,004


0.17


13,470




9: To re-elect Mr Fernando Ruiz


687,407,586


610,041,187


88.75


77,366,399


11.25


586,384




10: To re-elect Mr Charles Jacobs


687,979,401


684,598,727


99.51


3,380,674


0.49


14,570




135,384,210**


132,003,536


97.50


3,380,674


2.50


14,570




11: To re-elect Ms Bárbara Garza Lagüera


687,414,774


683,437,252


99.42


3,977,522


0.58


579,197




134,819,583**


130,842,061


97.05


3,977,522


2.95


579,197




12. To re-elect Mr Alberto Tiburcio


687,949,400


684,333,405


99.47


3,615,995


0.53


14,570




135,354,209**


131,738,214


97.33


3,615,995


2.67


14,570




13. To re-elect Dame Judith Macgregor


687,979,401


687,943,688


99.99


35,713


0.01


14,570




135,384,210**


135,348,497


99.97


35,713


0.03


14,570




14. To re-elect Ms Georgina Kessel


687,978,901


687,947,463


100.00


31,438


0.00


15,070




135,383,710**


135,352,272


99.98


31,438


0.02


15,070




15. To elect Mr Luis Robles


687,978,951


687,975,850


100.00


3,101


0.00


14,520




135,383,760**


135,380,659


100.00


3,101


0.00


14,520




16. To approve Directors Remuneration Policy


687,724,009


681,945,248


99.16


5,778,761


0.84


269,961




17:To appoint the auditors


687,975,172


682,438,490


99.20


5,536,682


0.80


18,798




18: To allow the audit committee to determine the auditors remuneration


687,983,277


685,258,850


99.60


2,724,427


0.40


10,694




19: To give authority to Directors allot shares


687,982,322


686,720,113


99.82


1,262,209


0.18


11,649




20: To disapply pre-emption rights


687,982,487


687,552,777


99.94


429,710


0.06


11,484




21: To disapply pre-emption rights in in connection with an acquisition or other capital investment


687,981,636


682,830,045


99.25


5,151,591


0.75


12,334




22: To authorise purchase of own shares


687,874,924


680,682,980


98.95


7,191,944


1.05


119,046




23: Notice of general meetings


687,976,257


684,152,984


99.44


3,823,273


0.56


17,714




 
(*) = Includes discretionary votes
(**) =Votes cast by the independent shareholders
 
As at the date of the AGM, the number of issued shares and total voting rights of the Company was 736,893,589 shares in issue. The Company's Articles of Association set out that every member who is present in person or by proxy shall have one vote for every share of which he is the holder on a poll. The scrutineer of the poll was Equiniti Limited.
 
In accordance with Listing Rule 9.6.2, Fresnillo plc has submitted a copy of the resolutions dealing with the special business put to shareholders at the AGM today to the National Storage Mechanism, which will shortly be available for inspection at www.morningstar.co.uk/uk/NSM
 
For further information, please visit our website www.fresnilloplc.com or contact:
 




Fresnillo plc          
London Office                                  
Gabriela Mayor, Head of Investor Relations
Patrick Chambers


Tel: +44 (0)20 7399 2470




Mexico City Office
Ana Belem Zárate


Tel: +52 55 52 79 3206




 
Powerscourt
Peter Ogden
 


 
Tel: +44 (0)20 7250 1446




                                                          
About Fresnillo plc
Fresnillo plc is the world's largest primary silver producer and Mexico's largest gold producer, listed on the London and Mexican Stock Exchanges under the symbol FRES.
Fresnillo plc has seven operating mines, all of them in Mexico - Fresnillo, Saucito, Ciénega (including the San Ramón satellite mine), Herradura, Soledad-Dipolos1, Noche Buena and San Julián, two development projects - the Pyrites Plant at Fresnillo and Juanicipio, and three advanced exploration projects - Orisyvo, Las Casas Rosario & Cluster Cebollitas and Centauro Deep, as well as a number of other long term exploration prospects.
Fresnillo plc has mining concessions and exploration projects in Mexico, Peru and Chile.
Fresnillo plc has a strong and long tradition of exploring, mining, a proven track record of mine development, reserve replacement, and production costs in the lowest quartile of the cost curve for silver.
Fresnillo plc's goal is to maintain the Group's position as the world's largest primary silver company and Mexico's largest gold producer.
1 Operations at Soledad-Dipolos are currently suspended.
 
Forward Looking Statements
Information contained in this announcement may include 'forward-looking statements'. All statements other than statements of historical facts included herein, including, without limitation, those regarding the Fresnillo Group's intentions, beliefs or current expectations concerning, amongst other things, the Fresnillo Group's results of operations, financial position, liquidity, prospects, growth, strategies and the silver and gold industries are forward-looking statements. Such forward-looking statements involve risk and uncertainty because they relate to future events and circumstances. Forward-looking statements are not guarantees of future performance and the actual results of the Fresnillo Group's operations, financial position and liquidity, and the development of the markets and the industry in which the Fresnillo Group operates, may differ materially from those described in, or suggested by, the forward-looking statements contained in this document. In addition, even if the results of operations, financial position and liquidity, and the development of the markets and the industry in which the Fresnillo Group operates are consistent with the forward-looking statements contained in this document, those results or developments may not be indicative of results or developments in subsequent periods. A number of factors could cause results and developments to differ materially from those expressed or implied by the forward-looking statements including, without limitation, general economic and business conditions, industry trends, competition, commodity prices, changes in regulation, currency fluctuations (including the US dollar and Mexican Peso exchanges rates), the Fresnillo Group's ability to recover its reserves or develop new reserves, including its ability to convert its resources into reserves and its mineral potential into resources or reserves, changes in its business strategy and political and economic uncertainty.
LEI: 549300JXWH1UV5J0XV81




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