REG - Fresnillo Plc - Result of AGM

FresnilloAnnouncement

17/05/2022 15:00

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RNS Number : 8169L  Fresnillo PLC  17 May 2022

 
                                                                                           Fresnillo
plc

21 Upper Brook Street

London W1K 7PY

United Kingdom

www.fresnilloplc.com (http://www.fresnilloplc.com)

 

 

17 May 2022

 

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 24) as set out in the Company's notice of AGM
dated 13 April 2022. The votes cast for resolutions 10 to 16 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 report and accounts                                    679,989,086       679,963,294  100.00  25,792      0.00    3,228,951
 2: To approve the final dividend                                              683,188,024       682,968,450  99.97   219,574     0.03    30,013
 3: To approve the Annual Report on Remuneration                               683,185,348       671,132,588  98.24   12,052,760  1.76    32,689
 4. To approve the Directors' Remuneration Policy,                             683,183,300       669,091,311  97.94   14,091,989  2.06    34,737
 5: To re-elect Mr Alejandro Baillères                                         680,066,956       632,261,180  92.97   47,805,776  7.03    3,151,081
 6: To re-elect Mr Juan Bordes                                                 682,685,694       675,352,672  98.93   7,333,022   1.07    532,343
 7: To re-elect Mr Arturo Fernández                                            676,463,789       666,366,375  98.51   10,097,414  1.49    6,754,248
 8: To re-elect Mr Fernando Ruiz                                               680,064,806       666,956,851  98.07   13,107,955  1.93    3,153,231
 9: To re-elect Mr Eduardo Cepeda                                              683,171,306       679,007,067  99.39   4,164,239   0.61    46,731
 10: To re-elect Mr Charles Jacobs                                             683,171,306       681,835,006  99.80   1,336,300   0.20    46,731
                                                                               130,576,115**     129,239,815  98.98   1,336,300   1.02    46,731
 11: To re-elect Ms Bárbara Garza Lagüera                                      683,173,406       679,929,593  99.53   3,243,813   0.47    44,631
                                                                               130,578,215**     127,334,402  97.52   3,243,813   2.48    44,631
 12: To re-elect Mr Alberto Tiburcio                                           683,173,405       671,204,438  98.25   11,968,967  1.75    44,632
                                                                               130,578,214**     118,609,247  90.83   11,968,967  9.17    44,632
 13: To re-elect Dame Judith Macgregor                                         683,171,306       683,121,658  99.99   49,648      0.01    46,731
                                                                               130,576,115**     130,526,467  99.96   49,648      0.04    46,731
 14: To re-elect Ms Georgina Kessel                                            683,173,406       682,624,597  99.92   548,809     0.08    44,631
                                                                               130,578,215**     130,029,406  99.58   548,809     0.42    44,631
 15: To re-elect Ms Guadalupe De la Vega                                       683,171,406       683,120,850  99.99   50,556      0.01    46,631
                                                                               130,576,215**     130,525,659  99.96   50,556      0.04    46,631
 16: To re-elect Mr Hector Rangel                                              683,169,306       682,620,065  99.92   549,241     0.08    48,731
                                                                               130,574,115**     130,024,874  99.58   549,241     0.42    48,731
 17: To re-appoint the auditors                                                683,178,909       678,062,621  99.25   5,116,288   0.75    39,128
 18: To authorise the audit committee to determine the auditors' remuneration  683,185,110       681,193,866  99.71   1,991,244   0.29    32,422
 19: To give authority to Directors allot shares                               683,198,068       681,798,240  99.80   1,399,828   0.20    19,969
 20: To disapply pre-emption rights                                            681,984,045       680,621,012  99.80   1,363,033   0.20    1,233,992
 21: To disapply pre-emption rights in in connection with an acquisition or    683,207,168       678,205,016  99.27   5,002,152   0.73    10,869
 other capital investment
 22: To authorise purchase of own shares                                       683,167,269       679,490,656  99.46   3,676,613   0.54    50,768
 23: Notice of general meetings                                                683,182,770       681,721,052  99.79   1,461,718   0.21    35,267
 24: To ratify distributions and to give authority to the Board to enter into  130,584,567       126,994,713  97.25   3,589,854   2.75    38,281
 deeds of release

 

(*) = 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
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

 

ENDS

 

 

 

For further information, please visit our website www.fresnilloplc.com
(http://www.fresnilloplc.com) or contact:

 FRESNILLO PLC                                                            Tel: +44 (0)20 7399 2470

 London Office

 Gabriela Mayor, Head of Investor Relations

 Patrick Chambers
 Mexico City Office                                                       Tel: +52 55 52 79 3206

 Ana Belem Zárate

 POWERSCOURT                                                              Tel: +44 (0)7793 858 211

 Peter Ogden

 

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 Las Casas Rosario & Cluster Cebollitas),
Herradura, Soledad-Dipolos(1), Noche Buena and San Julián (Veins and
Disseminated Ore Body), two development projects - the Pyrites Plant at
Fresnillo and Juanicipio, both of which have been completed but approvals to
operate are pending, and three advanced exploration projects - Orisyvo, Rodeo
and Guanajuato, 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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