REG - Hostelworld Grp PLC - Result of AGM

HostelworldAnnouncement

07/05/2025 16:00

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RNS Number : 7509H  Hostelworld Group PLC  07 May 2025

LEI: 213800OC94PF2D675H41

7 May 2025

Hostelworld Group plc

 (the "Company")

 

RESULTS OF ANNUAL GENERAL MEETING

The Annual General Meeting of the Company (the "AGM") was held at 12.00 noon
today.

All resolutions proposed at the AGM were duly passed on a poll and the results
of each resolution were as follows:

 Resolution                                                                      For         Against    Votes withheld  Total proxy votes cast  Percentage of issued share capital voted (%)
 1.         To adopt the Company's accounts and the Directors' and               90,146,655  0          161             90,146,655              70.83%
 Auditor's Reports for the year ended 31 December 2024
 2.         To approve the Directors' remuneration report                        87,901,705  2,239,879  5,232           90,141,584              70.82%
 3.         To elect Ulrik Bengtsson as a director                               89,215,699  930,956    0               90,146,655              70.83%
 4.         To elect Paul Duffy as a director                                    88,873,328  1,273,326  0               90,146,654              70.83%
 5.         To re-elect Carl G. Shepherd as a director                           87,584,377  2,562,278  0               90,146,655              70.83%
 6.         To re-elect Éimear Moloney as a director                             89,235,861  910,794    0               90,146,655              70.83%
 7.         To re-elect Gary Morrison as a director                              90,141,584  5,071      0               90,146,655              70.83%
 8.         To re-elect Evan Cohen as a director                                 89,234,318  912,337    0               90,146,655              70.83%
 9.         To re-elect Caroline Sherry as a director                            90,141,584  5,071      0               90,146,655              70.83%
 10.       To re-appoint KPMG as auditors to the Company                         90,139,568  7,087      161             90,146,655              70.83%
 11.       To authorise the Directors to fix the auditors' remuneration          90,146,391  264        161             90,146,655              70.83%
 12.       To authorise the Directors to allot shares or grant                   90,135,817  10,838     161             90,146,655              70.83%
 subscription or conversion rights under section 551 of the Companies Act 2006
 13.       To generally disapply statutory pre-emption rights under the          86,328,499  3,818,156  161             90,146,655              70.83%
 Companies Act 2006

 14.       To further disapply statutory pre-emption rights in connection        85,918,499  4,228,156  161             90,146,655              70.83%
 with an acquisition or specified capital investment
 15.       To authorise the Company to make market purchases of its own          90,146,655  0          161             90,146,655              70.83%
 shares
 16.       To authorise the Company to make political donations and incur        82,727,000  7,419,655  161             90,146,655              70.83%
 political expenditure
 17.       To permit general meetings to be called on 14 clear days'             89,958,028  188,627    161             90,146,655              70.83%
 notice
 18.       To approve the Company's Long Term Incentive Plan 2025                88,464,413  1,651,957  30,446          90,116,370              70.80%

 

Notes:

Votes 'For' include those votes giving the Chair discretion.

(i)               The number of ordinary shares in issue on 7
May 2025 was 127,277,323.  Shareholders are entitled to one vote per share.

(ii)              A vote withheld is not a vote in law and is not
counted in the calculation of the proportion of votes validly cast.

 

Resolutions 1 to 12, 16 and 18 proposed at the AGM were passed as ordinary
resolutions and Resolutions 13 to 15 and 17 proposed at the AGM were passed as
special resolutions.

In accordance with UK Listing Rule 6.4.2, copies of the resolutions passed at
the Annual General Meeting (other than ordinary business) are being submitted
to the National Storage Mechanism and will shortly be available for inspection
at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

In accordance with the Listing Rules of Euronext Dublin, a copy of such
resolutions has also been forwarded to Euronext Dublin and will shortly be
available for inspection at https://direct.euronext.com/#/oamfiling
(https://direct.euronext.com/#/oamfiling) and at the following address:

Companies Announcement Office

Euronext Dublin

28 Anglesea Street

Dublin 2

 

A copy of this announcement setting out the results of the AGM is also
available on the Company's website at www.hostelworldgroup.com
(http://www.hostelworldgroup.com/) .

The full text of each of the resolutions passed at the AGM is set out in the
notice of AGM, a copy of which is available on the Company's website
(www.hostelworldgroup.com (http://www.hostelworldgroup.com/) ).

 

For further information contact:

Hostelworld Group
plc                                                Corporate@hostelworld.com

Gary Morrison, Chief Executive Officer

Caroline Sherry, Chief Financial Officer

Powerscourt (Financial PR
adviser)
hostelworld@powerscourt-group.com

Nick Dibden

Eavan Gannon

Tel: +44 (0) 20 7250 1446

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