Result of AGM

Harworth

26/04/2016 14:05

RNS Number : 3937W

Harworth Group PLC

26 April 2016

HARWORTH GROUP PLC

RESULTS OF AGM

Harworth Group plc announces that at its AGM held on Tuesday, 26 April 2016 all resolutions in the notice of meeting were passed by the necessary majority.

The results of the voting on the resolutions are shown in the table below and will be posted on the company's website, www.harworthgroup.com.

Res. number
Brief Description
votes for
%
Votes against
%
Total votes
Votes withheld
01
To receive and adopt the Annual Report and the audited accounts
1,575,909,105
100
27,322
0.00
1,575,936,427
55,449
02
To declare the final dividend
1,575,861,818
99.99
84,906
0.01
1,575,946,724
45,152
03b
To elect Andrew Kirkman as a director of the Company
1,575,768,544
100
58,042
0.00
1,575,826,586
165,290
04a
To re-elect Martyn Bowes as a director of the Company
1,575,570,648
99.98
297,157
0.02
1,575,867,805
124,071
04b
To re-elect Lisa Clement as a director of the Company
1,575,814,714
100
53,091
0.00
1,575,867,805
124,071
04c
To re-elect Jonson Cox as a director of the Company
1,542,934,043
99.96
570,166
0.04
1,543,504,209
32,487,667
04d
To re-elect Anthony Donnelly as a director of the Company
1,575,571,198
99.98
263,307
0.02
1,575,834,505
157,371
04e
To re-elect Owen Michaelson as a director of the Company
1,575,749,347
99.99
85,148
0.01
1,575,834,505
157,371
04f
To re-elect Steven Underwood as a director of the Company
1,575,344,124
99.97
483,524
0.03
1,575,827,648
164,228
05
To approve the Annual report on remuneration
1,558,080,183
98.88
17,668,147
1.12
1,575,748,330
243,546
06
To approve the revised remuneration policy
1,575,091,080
99.96
633,272
0.04
1,575,724,352
267,524
07
To Re-appoint PricewaterhouseCoopers as auditor
1,575,787,735
99.99
94,378
0.01
1,575,882,113
109,763
08
Authority to determine the auditor's remuneration
1,575,535,989
99.98
355,145
0.02
1,575,891,134
100,742
09
Authority to make political donations to a specified limit
1,569,734,488
99.61
6,133,054
0.39
1,575,867,542
124,334
10
Authority to allot shares
1,575,352,583
99.96
597,926
0.04
1,575,950,509
41,367
11
Authority to make non pre-emptive share allotments
1,575,180,394
99.96
688,785
0.04
1,575,869,179
122,697
12
Authority to purchase own shares
1,575,510,107
99.97
394,535
0.03
1,575,904,642
87,234
13
Authority to call a General Meeting on not less than 14 days' notice
1,575,507,062
99.98
389,819
0.02
1,575,896,881
94,995
14
Authority for share consolidation
1,575,614,258
99.98
267,501
0.02
1,575,881,759
110,117
15
Authority to cancel share premium account
1,575,743,835
99.99
91,462
0.01
1,575,835,297
156,579
16
To adopt Long term Incentive Plan
1,575,202,841
99.97
452,193
0.03
1,575,655,034
336,842

SHARE CONSOLIDATION

Further to the Company's announcement on 1 April 2016 it is expected that the Share Consolidation will become effective on 3 May 2016 (the "Effective Date"). On that date the Official List of the UKLA will be amended and every 10 existing ordinary shares of 1.0 pence each will be exchanged for one new ordinary share of 10.0p ("New Ordinary Shares").

New share certificates in respect of each shareholder's holding of New Ordinary Shares will be sent to the holders of certificated shares as soon as practicable after the Effective Date. Shareholders who hold their shares in uncertificated form will have their CREST accounts credited on the Effective Date.

The New Ordinary Shares have the ISIN code: GB00BYZJ7G42.

All Enquiries

Harworth Group plc

Finance Director, Andrew Kirkman 0114 254 1214

Company Secretary, Geoff Mason 0114 254 1212

Capitalised terms used in this announcement and not otherwise defined have the same meanings given to them in the Company's announcement of 1 April 2016.

About Harworth Group plc

Harworth Group Plc is a leading property and development company which owns and manages a portfolio of some 27,000 acres of land across approximately 200 sites located throughout the Midlands and North of England. The Company specialises in the regeneration of former coalfield sites and other brownfield land into employment areas, new residential properties and low carbon energy projects.

This information is provided by RNS

The company news service from the London Stock Exchange

  END

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