REG - Fresnillo Plc - Results of AGM 2023

FresnilloAnnouncement

23/05/2023 18:45

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RNS Number : 4163A  Fresnillo PLC  23 May 2023

 
Fresnillo plc

21 Upper Brook Street

London W1K 7PY

United Kingdom

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

 

 

23 May 2023

 

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 19 April 2023. 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                                    674,898,465       674,845,133  99.99  53,332      0.01    2,872,574
 2: To approve the final dividend                                              677,768,368       677,309,467  99.93  458,901     0.07    2,671
 3: To approve the Annual Report on Remuneration                               677,753,546       667,414,110  98.47  10,339,436  1.53    17,493
 4. To approve the Directors' Remuneration Policy,                             677,018,935       637,400,310  94.15  39,618,625  5.85    752,104
 5: To re-elect Mr Alejandro Baillères                                         677,749,840       600,029,855  88.53  77,719,985  11.47   21,199
 6: To re-elect Mr Juan Bordes                                                 677,750,533       660,036,750  97.39  17,713,783  2.61    20,506
 7: To re-elect Mr Arturo Fernández                                            673,518,233       647,539,084  96.14  25,979,149  3.86    4,252,806
 8: To re-elect Mr Fernando Ruiz                                               673,518,233       660,755,712  98.11  12,762,521  1.89    4,252,806
 9: To re-elect Mr Eduardo Cepeda                                              677,750,534       638,656,022  94.23  39,094,512  5.77    20,505
 10: To re-elect Mr Charles Jacobs                                             677,749,839       673,307,580  99.34  4,442,259   0.66    21,200
                                                                               125,154,648**     120,712,389  96.45  4,442,259   3.55    21,200
 11: To re-elect Ms Bárbara Garza Lagüera                                      677,755,770       670,809,355  98.98  6,946,415   1.02    15,269
                                                                               125,160,579**     118,214,164  94.45  6,946,415   5.55    15,269
 12: To re-elect Mr Alberto Tiburcio                                           677,750,033       665,585,772  98.21  12,164,261  1.79    20,506
                                                                               125,154,842**     112,990,581  90.28  12,164,261  9.72    20,506
 13: To re-elect Dame Judith Macgregor                                         677,751,415       677,505,331  99.96  246,084     0.04    19,124
                                                                               125,156,224**     124,910,140  99.80  246,084     0.20    19,124
 14: To re-elect Ms Georgina Kessel                                            677,744,842       677,097,936  99.90  646,906     0.10    25,697
                                                                               125,149,651**     124,502,745  99.48  646,906     0.52    25,697
 15: To re-elect Ms Guadalupe De la Vega                                       677,744,559       676,831,929  99.87  912,630     0.13    25,980
                                                                               125,149,368**     124,236,738  99.27  912,630     0.73    25,980
 16: To re-elect Mr Hector Rangel                                              677,749,916       676,967,517  99.88  782,399     0.12    20,623
                                                                               125,154,725**     124,372,326  99.37  782,399     0.63    20,623
 17: To re-appoint the auditors                                                677,759,512       673,210,202  99.33  4,549,310   0.67    11,027
 18: To authorise the audit committee to determine the auditors' remuneration  677,760,720       675,714,595  99.70  2,046,125   0.30    10,319
 19: To give authority to Directors allot shares                               677,762,120       673,212,223  99.33  4,549,897   0.67    8,419
 20: To disapply pre-emption rights                                            676,531,200       672,035,379  99.34  4,495,821   0.66    1,239,339
 21: To disapply pre-emption rights in in connection with an acquisition or    677,760,379       674,000,824  99.45  3,759,555   0.55    10,160
 other capital investment
 22: To authorise purchase of own shares                                       677,741,715       671,939,579  99.14  5,802,136   0.86    29,324
 23: Notice of general meetings                                                677,762,734       675,944,975  99.73  1,817,759   0.27    8,305

 

(*) = 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
(http://www.morningstar.co.uk/uk/nsm)

 

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

 Mark Mochalski
 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 eight operating mines, all of them in Mexico - Fresnillo,
Saucito, Juanicipio, Ciénega, Herradura, Soledad-Dipolos1, Noche Buena and
San Julián (Veins and Disseminated Ore Body), one development project - the
Pyrites Plant at Fresnillo, which has been completed and tied-in to the
national electricity grid, and four advanced exploration projects - Orisyvo,
Rodeo, Guanajuato 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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