REG - Inchcape PLC - Result of AGM

InchcapeAnnouncement

09/05/2024 13:15

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RNS Number : 8400N  Inchcape PLC  09 May 2024

 

Inchcape plc

Result of Annual General Meeting

 

 

Inchcape plc (Company) announces that all resolutions proposed at the Annual
General Meeting of the Company held at 11.00 a.m. today at the Royal
Automobile Club, 89 Pall Mall, St. James's, London SW1Y 5HS were passed by way
of a poll.

 

Details of the votes cast on all resolutions are set out below and will also
be available on the Company's website: www.inchcape.com

 

In accordance with UK Listing Rule 9.6.2, copies of all the resolutions
passed, other than ordinary business, will be submitted to the National
Storage Mechanism shortly and be available for inspection.

 

As previously announced, following the conclusion of today's Annual General
Meeting, the following Board changes have now taken immediate effect:

 

·      Jerry Buhlmann succeeds Nigel Stein as Chairman of the Board.
Jerry will step down from being a member of the Company's Audit Committee.

·      Alison Platt is appointed as Senior Independent Director of the
Company.

·      Byron Grote succeeds Jane Kingston as Chair of the Company's
Remuneration Committee.

·      Both Nigel Stein and Jane Kingston have retired from the Board.

 

 

 Resolution                               Votes For               % of votes cast  Votes Against                         % of votes cast  Votes Total             % of Issued Capital  Votes Withheld
 1       RECEIVE THE REPORT AND ACCOUNTS        354,446,081       100.00%                       17,011                   0.00%                  354,463,092       85.82%                        918,656
 2       REMUNERATION REPORT                    347,950,560       98.75%                   4,396,635                     1.25%                  352,347,195       85.31%                     3,034,553
 3       DECLARE A FINAL DIVIDEND               355,379,748       100.00%                           389                  0.00%                  355,380,137       86.05%                           1,611
 4       RE-ELECT NAYANTARA BALI                348,904,603       98.18%                   6,463,806                     1.82%                  355,368,409       86.04%                          13,339
 5       RE-ELECT JERRY BUHLMANN                341,849,794       96.20%                 13,518,149                      3.80%                  355,367,943       86.04%                          13,805
 6       RE-ELECT JUAN PABLO DEL RIO            348,600,171       98.10%                   6,768,234                     1.90%                  355,368,405       86.04%                          13,343
 7       RE-ELECT BYRON GROTE                   339,044,996       95.41%                 16,322,813                      4.59%                  355,367,809       86.04%                          13,939
 8       RE-ELECT ALEX JENSEN                   349,766,337       98.42%                   5,599,995                     1.58%                  355,366,332       86.04%                          15,416
 9       RE-ELECT SARAH KUIJLAARS               351,876,691       99.02%                   3,491,718                     0.98%                  355,368,409       86.04%                          13,339
 10      ELECT ADRIAN LEWIS                     353,432,787       99.46%                   1,932,668                     0.54%                  355,365,455       86.04%                          16,293
 11      ELECT ALISON PLATT                     355,338,532       99.99%                        25,067                   0.01%                  355,363,599       86.04%                          18,149
 12      ELECT STUART ROWLEY                    355,007,901       99.90%                      357,654                    0.10%                  355,365,555       86.04%                          16,193
 13      RE-ELECT DUNCAN TAIT                   353,405,675       99.45%                   1,962,670                     0.55%                  355,368,345       86.04%                          13,403
 14      RE-APPOINT DELOITTE AS AUDITOR         355,137,380       99.99%                        29,814                   0.01%                  355,167,194       86.00%                        214,048
 15      AUDITOR REMUNERATION                   355,358,342       100.00%                       16,204                   0.00%                  355,374,546       86.05%                           6,696
 16      AUTHORITY TO ALLOT SECURITIES          354,280,284       99.69%                   1,094,156                     0.31%                  355,374,440       86.05%                           7,308
 17      SAYE SHARE OPTION PLAN                 353,584,289       99.50%                   1,793,484                     0.50%                  355,377,773       86.05%                           3,933
 18      DISAPPLY PRE-EMPTION RIGHTS            354,611,165       99.79%                      761,372                    0.21%                  355,372,537       86.05%                           9,211
 19      DISAPPLY PRE-EMPTION RIGHTS 2          354,598,764       99.78%                      777,202                    0.22%                  355,375,966       86.05%                           5,782
 20      PURCHASE OWN SHARES                    355,107,222       99.99%                        44,941                   0.01%                  355,152,163       85.99%                        229,585
 21      MEETING NOTICE PERIODS                 350,611,719       98.66%                   4,769,139                     1.34%                  355,380,858       86.05%                              890

 

Notes:

A vote withheld is not a vote in law and is not counted in the calculation of
the votes for or against a resolution.

Resolutions 1 to 17 were ordinary resolutions, requiring over 50% of
shareholders' votes to be cast in favour of the resolutions.

Resolutions 18 to 21 were special resolutions, requiring at least 75% of
shareholders' votes to be cast in favour of the resolutions.

No other resolutions were put to the meeting.

The number of shares in issue as at the date of this announcement is
413,007,132.

Ends

About Inchcape

Inchcape is the leading global automotive distributor, with operations across
six continents.

 

By combining our in-market expertise with our unique technology and advanced
data analytics, we create innovative customer experiences that deliver
outstanding performance for our partners - building stronger automotive brands
and creating sustainable growth.

 

Our distribution platform connects the products of mobility company partners
with customers, and our responsibilities span product planning and pricing,
import and logistics, brand and marketing to operating digital sales, managing
physical sales and aftermarket service channels.

 

Delivering for our partners, our customers and our people - so they can
realise their ambitions in the new world of mobility.

 

 The Group is headquartered in London and employs around 22,000 people
globally.

 

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

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