REG - Impax Asset Mgmnt - Result of AGM

Impax Asset ManagementAnnouncement

16/03/2023 14:00

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RNS Number : 2570T  Impax Asset Management Group plc  16 March 2023

16 March 2023

Impax Asset Management Group plc ("Impax" or the "Company")

Result of AGM

 

Impax confirms that at the Company's Annual General Meeting held today all
resolutions were duly passed. The proxy votes validly cast for each of the
resolutions are set out in the table below.

 

 Resolution                                                                           Votes cast       %       Votes cast  %      Votes       Total Votes

                                                                                      'For'                    'Against'          withheld    Cast

                                                                                      (includes                                               (excluding

                                                                                      discretionary)                                          Withheld)
 1       To receive and adopt the Company's annual accounts for the financial year    94,990,874       100.0   218         0.00   48,013      95,039,105
         ended 30 September 2022
 2       To receive and approve the Directors' Remuneration Report (advisory vote)    55,590,313       79.28   14,619,547  20.72  24,471,134  95,040,994
 3       To re-elect Sally Bridgeland as a Director                                   94,580,057       99.52   453,518     0.48   7,419       95,040,994
 4       To re-elect Ian R Simm as a Director                                         94,871,810       99.83   161,765     0.17   7,419       95,040,994
 5       To re-elect Arnaud de Servigny as a Director                                 94,486,127       99.42   547,448     0.58   7,419       95,040,994
 6       To elect Annette E Wilson as a Director                                      95,022,785       99.99   10,790      0.01   7,419       95,040,994
 7       To re-elect Lindsey Brace Martinez as a Director                             94,740,853       99.69   291,291     0.31   8,850       95,040,994
 8       To re-elect William Simon O'Regan as a Director                              94,799,404       99.75   234,171     0.25   7,419       95,040,994
 9       To reappoint KPMG LLP as auditor of the Company                              92,798,010       97.70   2,181,238   2.30   68,600      95,047,848
 10      To authorise the Directors to fix the remuneration of the auditor            94,416,623       99.41   556,607     0.59   65,875      95,039,105
 11      To declare a final dividend of 22.9 pence per share                          95,040,776       100.00  218         0      0           95,040,994
 12      To authorise the Directors to allot shares                                   94,364,717       99.29   675,402     0.71   875         95,040,994
 13      To authorise the Directors to disapply pre-emption rights*                   94,978,900       99.94   61,019      0.06   1,075       95,040,994
 14      To authorise the Directors to disapply pre-emption rights in relation to an  94,739,561       99.68   300,358     0.32   1,075       95,040,994
         acquisition or capital investment*
 15      To authorise the Company to                                                  92,728,559       99.99   11,705      0.01   2,300,690   95,040,994

         make market purchases of its  shares*

* Special Resolutions requiring 75% majority to pass

 

Impax is committed to enhancing its corporate governance practices, and notes
that while the non-binding resolution to approve the Directors' Remuneration
Report was passed, the Directors are mindful of the votes against and
withheld. Building on feedback from shareholders we have increased our
disclosures around variable remuneration in this year's report. We intend to
develop this disclosure by publishing further details on the Executive
Directors' objectives as our approach to variable remuneration continues to
evolve.

LEI number: 213800AJDNW4S2B7E680

 

Enquiries:

 

 Impax Asset Management Group plc

 Ian Simm, Chief Executive                              +44 (0)20 3912 3000

 Paul French, Director of Communications                +44 (0)20 3912 3032

 p.french@impaxam.com (mailto:p.french@impaxam.com)

 Montfort Communications

 Gay Collins                                            +44 (0)7798 626 282

 Jack Roddan                                            +44 (0)7825 670 695

 impax@montfort.london (mailto:impax@montfort.london)

 Peel Hunt LLP, Nominated Adviser and Joint Broker

 Paul Shackleton or John Welch                          +44 (0)20 7418 8900

 Berenberg, Joint Broker

 Gillian Martin                                         +44 (0)20 3207 7800

 

Notes to Editors - About Impax Asset Management

Founded in 1998, Impax is a specialist asset manager, with £40.4bn /
US$48.6bn as of 28 February 2023 in both listed and private markets
strategies, investing in the opportunities arising from the transition to a
more sustainable global economy.

Impax believes that capital markets will be shaped profoundly by global
sustainability challenges, including climate change, pollution and essential
investments in human capital, infrastructure and resource efficiency. These
trends will drive growth for well-positioned companies and create risks for
those unable or unwilling to adapt.

The company seeks to invest in higher quality companies with strong business
models that demonstrate sound management of risk. Impax offers a well-rounded
suite of investment solutions spanning multiple asset classes seeking superior
risk-adjusted returns over the medium to long term.

Impax has approximately 300 employees across its offices in the United
Kingdom, the United States, Ireland and Hong Kong, making it one of the
investment management sector's largest investment teams dedicated to
sustainable development.

For further information please visit www.impaxam.com.

Issued in the UK by Impax Asset Management Group plc, whose shares are quoted
on the Alternative Investment Market of the London Stock Exchange.  Impax
Asset Management Group plc is registered in England & Wales, number
03262305.  AUM relates to Impax Asset Management Limited, Impax Asset
Management (AIFM) Limited, Impax Asset Management Ireland Limited and Impax
Asset Management LLC.  Impax Asset Management Limited and Impax Asset
Management (AIFM) Limited are authorised and regulated by the Financial
Conduct Authority and are wholly owned subsidiaries of Impax Asset Management
Group plc.  Please note that the information provided and links from it
should not be relied upon for investment purposes.

 

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