REG - IP Group PLC - Result of AGM

IPAnnouncement

18/06/2018 13:40

RNS Number : 7417R
IP Group PLC
18 June 2018
 





FOR RELEASE ON


18 June 2018



 
IP Group plc - Results of Annual General Meeting
 
The Annual General Meeting of IP Group plc was held earlier today. All of the resolutions proposed at the Annual General Meeting were passed by the appropriate majority on a poll.
 
In accordance with Listing Rule 9.6.1, a copy of the resolutions has been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.morningstar.co.uk/uk/NSM.
 
IP Group plc Annual General Meeting Poll Results
 
 











VOTES

FOR


%


VOTES

AGAINST


%


VOTES

TOTAL


% of ISC VOTED


VOTES

WITHHELD




1


To receive the Directors' Report, the Audited Statement of Accounts and Auditor's Report of the Company for the financial year ended 31 December 2017.


865,605,599


99.71


2,492,391


0.29


868,097,990


81.96%


18,618,057




2


To approve the Directors' Remuneration Report for the year ended 31 December 2017.


870,461,996


98.68


11,608,257


1.32


882,070,253


83.28%


4,645,794




3


To re-appoint KPMG LLP as auditor of the Company to hold office from the conclusion of this meeting until the conclusion of the next general meeting of the Company at which accounts are laid before the shareholders in accordance with theprovisions of the Companies Act 2006.


885,253,956


99.84


1,454,253


0.16


886,708,209


83.72%


7,839




4


That the Directors be authorised to fix the remuneration of KPMG LLP as auditor of the Company.


885,264,321


99.84


1,450,228


0.16


886,714,549


83.72%


1,499




5


To re-appoint Professor David Begg as a Director of the Company.


886,714,059


100.00


0


0.00


886,714,059


83.72%


1,989




6


To re-appoint Mr Heejae Chae as a Director of the Company.


886,653,621


99.99


51,104


0.01


886,704,725


83.72%


11,323




7


To re-elect Mr Alan Aubrey as a Director of the Company.


858,391,664


96.81


28,317,161


3.19


886,708,825


83.72%


7,221




8


To re-elect Mr David Baynes as a Director of the Company.


886,253,945


99.95


454,882


0.05


886,708,827


83.72%


7,221




9


To re-elect Mr Jonathan Brooks as a Director of the Company.


886,663,954


99.99


47,261


0.01


886,711,215


83.72%


4,833




10


To re-elect Professor Lynn Gladden as a Director of the Company.


886,664,143


99.99


49,251


0.01


886,713,394


83.72%


2,654




11


To re-elect Mr Mike Humphrey as a Director of the Company.


844,143,007


96.43


31,292,019


3.57


875,435,026


82.65%


11,281,020




12


To re-elect Mr Greg Smith as a Director of the Company.


882,722,896


99.55


3,985,931


0.45


886,708,827


83.72%


7,221




13


To re-elect Dr Elaine Sullivan as a Director of the Company.


881,984,377


99.47


4,724,449


0.53


886,708,826


83.72%


7,221




14


To re-elect Mr Michael Townend as a Director of the Company.


854,718,809


96.39


31,990,016


3.61


886,708,825


83.72%


7,221




15


That the Directors be and are hereby generally and unconditionally authorised for the purposes of section 551 of the Act to
exercise all the powers of the Company to allot shares / equity securities subject to the limits set out in the AGM notice.


865,660,760


97.63


21,053,568


2.37


886,714,328


83.72%


1,720




16


That, subject to and conditional on the passing of Resolution 15, the Directors be and are hereby generally empowered pursuant to sections 570 and 573 of the Act to allot equity securities (as defined in section 560 of the Act), payment for which is to be wholly in cash as if section 561(1) of the Act did not apply to any such allotment.


886,655,775


99.99


57,223


0.01


886,712,998


83.72%


3,050




17


That, in accordance with section 366 of the Act, the Company and all companies that are subsidiaries of the Company at any time during the period for which this Resolution 17 has effect be and are hereby authorised to incur political expenditure (as defined in section 365 of the Act) not exceeding £50,000 in total during the period beginning with the date of the passing of this Resolution and ending at the conclusion of the Company's 2019 AGM.


885,987,206


99.92


727,677


0.08


886,714,883


83.72%


1,165




18


That the Company generally be authorised for the purposes of section 701 of the Act to make market purchases (as defined in section 693(4) of the Act) of the Company's ordinary shares on such terms and in such manner as the Directors may from time to time determine.


879,917,741


99.23


6,798,306


0.77


886,716,047


83.72%


0




19


That a general meeting other than an Annual General Meeting may be called on not less than 14 clear days' notice.


882,316,498


99.50


4,399,550


0.50


886,716,048


83.72%


0



 
 
Ends
 
 




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