REG - IP Group PLC - Result of AGM

IPAnnouncement

18/06/2020 14:10

RNS Number : 4117Q
  
IP Group PLC
  
18 June 2020
  
 




FOR RELEASE ON


18 June 2020



 
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
 
 








RESOLUTION


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 2019.


 
846,534,076
 


 
99.99
 


49,738


0.01


 
846,583,814
 


 
79.69
 


 
9,845,767
 




2


To approve the Directors' Remuneration Report for the year ended 31 December 2019.


 
844,001,565
 


 
98.94
 


9,013,064


1.06


 
853,014,629
 


 
80.29
 


3,414,951




3


To re-appoint KPMG LLP as auditor of the Company. 


 
852,929,651
 


99.99


89,206


0.01


 
853,018,857
 


 
80.30
 


3,410,724




4


To authorise the Directors to fix the remuneration of KPMG LLP as auditor of the Company.


 
856,343,440
 


99.99


66,006


0.01


 
856,409,446
 


 
80.61
 


20,135




5


To elect Dr Caroline Brown as a Director of the Company.


 
833,522,071
 


97.33


22,892,596


2.67


 
856,414,667
 


 
80.61
 


14,914




6


To elect Ms Aedhmar Hynes as a Director of the Company.


 
856,332,672
 


99.99


72,258


0.01


 
856,404,930
 


 
80.61
 


24,651




7


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


 
826,330,808
 


96.51


29,854,754


3.49


 
856,185,562
 


 
80.59
 


244,018




8


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


 
853,453,714
 


99.65


2,960,953


0.35


 
856,414,667
 


 
80.61
 


14,914




9


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


 
856,347,394
 


99.99


80,733


0.01


 
856,428,127
 


 
80.62
 


1,454




10


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


 
847,514,245
 


99.81


1,584,789


0.19


 
849,099,034
 


 
79.93
 


7,330,547




11


To re-elect Sir Douglas Flint as a Director of the Company.


 
856,129,951
 


99.97


274,418


0.03


 
856,404,369
 


 
80.61
 


25,212




12


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


 
852,666,919
 


99.59


3,513,677


0.41


 
856,180,596
 


 
80.59
 


248,985




13


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


 
856,325,503
 


99.99


79,427


0.01


 
856,404,930
 


 
80.61
 


24,651




14


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


 
856,108,153
 


99.99


72,443


0.01


 
856,180,596
 


 
80.59
 


248,985




15


To authorise the Directors to
exercise all the powers of the Company to allot shares / equity securities subject to the limits set out in the Annual General Meeting ("AGM") notice.


 
854,515,108
 


99.78


1,909,506


0.22


 
856,424,614
 


 
80.62
 


4,967




16


To empower the Directors  to allot equity securities for cash as if section 561(1) of the Companies Act 2006 ("Act") did not apply to any such allotment, subject to the limits set out in the AGM notice.


 
856,270,437
 


99.98


138,410


0.02


 
856,408,847
 


 
80.61
 


20,734




17


In addition to the authority granted under Resolution 16, to empower the Directors  to allot equity securities in connection with an acquisition or other capital investment as if section 561(1) of the Act did not apply to any such allotment, subject to the limits set out in the AGM notice.


 
852,786,203
 


99.58


3,620,400


0.42


 
856,406,603
 


 
80.61
 


22,977




18


To authorise the Company and its subsidiaries to incur political expenditure (as defined in section 365 of the Act) not exceeding £50,000 in total.


 
830,329,530
 


96.96


26,075,656


3.04


 
856,405,186
 


 
80.61
 


24,395




19


To authorise the Company to make market purchases (as defined in section 693(4) of the Act) of the Company's ordinary shares, subject to the limits set out in the AGM notice.


 
852,875,299
 


99.59


3,549,314


0.41


 
856,424,613
 


 
80.62
 


4,967




20


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


 
851,830,488
 


99.46


 
4,584,269
 


 
0.54
 


 
856,414,757
 


 
80.61
 


 
14,824
 




21


To approve the rules of the IP Group Long Term Incentive Plan 2020 in the form produced to the AGM.


 
845,475,651
 


98.73


10,918,448


1.27


 
856,394,099
 


 
80.61
 


35,481



 
Ends
 
 


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