REG - Fresnillo Plc - Result of AGM

FresnilloAnnouncement

29/05/2020 16:30

RNS Number : 4085O
  
Fresnillo PLC
  
29 May 2020
  
 

                                                                                                        Fresnillo plc
21 Upper Brook Street
London W1K 7PY
United Kingdom
www.fresnilloplc.com
 
29 May 2020
 
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 18) and special resolutions (resolutions 19 to 22) as set out in the Company's notice of AGM dated 28 April 2020. The votes cast for resolutions 9 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 


684,153,642


684,134,562


100.00


19,080


0.00


2,372,224




2: To approve the final dividend 


686,525,347


686,523,749


100.00


1,598


0.00


520




3: To approve the Annual Report on Remuneration


686,514,636


683,506,552


99.56


3,008,084


0.44


11,231




4: To re-elect Mr Alberto Baillères


686,478,048


620,054,197


90.32


66,423,851


9.68


47,818




5: To re-elect Mr Alejandro Baillères


686,523,025


680,658,390


99.15


5,864,635


0.85


2,842




6: To re-elect Mr Juan Bordes


686,523,153


678,771,226


98.87


7,751,927


1.13


2,714




7: To re-elect Mr Arturo Fernández


686,519,553


678,767,626


98.87


7,751,927


1.13


6,314




8: To re-elect Mr Fernando Ruiz


685,610,780


629,877,821


91.87


55,732,959


8.13


915,086




9: To re-elect Mr Charles Jacobs


686,522,005


685,530,555


99.86


991,450


0.14


3,862




133,926,814**


132,935,364


99.26


991,450


0.74


3,862




10: To re-elect Ms Bárbara Garza Lagüera


686,511,253


678,753,042


98.87


7,758,211


1.13


14,614




133,916,062**


126,157,851


94.21


7,758,211


5.79


14,614




11: To re-elect Mr Alberto Tiburcio


686,523,152


677,216,282


98.64


9,306,870


1.36


2,714




133,927,961**


124,621,091


93.05


9,306,870


6.95


2,714




12: To re-elect Dame Judith Macgregor


686,524,105


686,512,046


100.00


12,059


0.00


1,762




133,928,914**


133,916,855


99.99


12,059


0.01


1,762




13: To re-elect Ms Georgina Kessel


686,523,253


686,516,137


100.00


7,116


0.00


2,614




133,928,062**


133,920,946


99.99


7,116


0.01


2,614




14: To re-elect Mr Luis Robles


686,522,553


686,517,664


100.00


4,889


0.00


3,314




133,927,362**


133,922,473


100.00


4,889


0.00


3,314




15: To elect Ms Guadalupe De la Vega


686,523,605


686,518,953


100.00


4,652


0.00


2,262




133,928,414**


133,923,762


100.00


4,652


0.00


2,262




16: To appoint the auditors


686,521,521


680,971,239


99.19


5,550,282


0.81


4,345




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


686,524,952


684,735,543


99.74


1,789,409


0.26


915




18: To give authority to Directors allot shares


686,520,998


685,907,881


99.91


613,117


0.09


4,869




19: To disapply pre-emption rights


686,518,827


684,613,685


99.72


1,905,142


0.28


7,040




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


686,518,526


682,225,747


99.37


4,292,779


0.63


7,340




21: To authorise purchase of own shares


686,426,035


679,818,776


99.04


6,607,259


0.96


99,831




22: Notice of general meetings


686,521,948


683,735,969


99.59


2,785,979


0.41


3,919



 
(*) = 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 https://data.fca.org.uk/#/nsm/nationalstoragemechanism
 
 
ENDS
 
 
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)7793 858 211



 
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, Las Casas Rosario & Cluster Cebollitas), Herradura, Soledad-Dipolos1, Noche Buena and San Julián (Veins and Disseminated Ore Body), three development projects - the Pyrites Plant at Fresnillo, the optimisation of the beneficiation plant also at Fresnillo and Juanicipio, and six advanced exploration projects - Orisyvo, Centauro great potential, Centauro Deep, Guanajuato, Rodeo and Tajitos, 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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