REG - Kingspan Group PLC - Result of AGM

KingspanAnnouncement

29/04/2022 15:30

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RNS Number : 9321J  Kingspan Group PLC  29 April 2022

Kingspan Group plc

AGM results

29 April 2022

Shareholders of Kingspan Group plc ("the Company") are informed that following
the Annual General Meeting held today, the results of the poll vote for each
resolution are as follows:

                                                                VOTES FOR            VOTES AGAINST        TOTAL VOTES                              VOTES WITHHELD

 RESOLUTION
                                                                NUMBER       %       NUMBER      %        NUMBER       % OF TOTAL VOTING RIGHTS

 01, TO ADOPT THE FINANCIAL STATEMENTS.                         147,202,175  99.31%  1,021,281   0.69%    148,223,456  81.60%                      49,506
 02, DECLARE A FINAL DIVIDEND.                                  146,846,816  99.05%  1,415,427   0.95%    148,262,243  81.62%                      10,719
 03A, RE-ELECT JOST MASSENBERG.                                 112,730,507  76.15%  35,312,565  23.85%   148,043,072  81.50%                      229,890
 03B, RE-ELECT GENE M. MURTAGH.                                 117,881,094  94.40%  6,996,347   5.60%    124,877,441  68.75%                      23,395,521
 03C, RE-ELECT GEOFF DOHERTY.                                   141,882,589  95.85%  6,150,665   4.15%    148,033,254  81.49%                      239,708
 03D, RE-ELECT RUSSELL SHIELS.                                  141,019,477  95.26%  7,013,777   4.74%    148,033,254  81.49%                      239,708
 03E, RE-ELECT GILBERT McCARTHY.                                141,642,175  95.82%  6,171,914   4.18%    147,814,089  81.37%                      458,873
 03F, RE-ELECT LINDA HICKEY.                                    126,421,555  85.27%  21,840,682  14.73%   148,262,237  81.62%                      10,725
 03G, RE-ELECT MICHAEL CAWLEY.                                  144,252,696  97.30%  4,009,547   2.70%    148,262,243  81.62%                      10,719
 03H, RE-ELECT JOHN CRONIN.                                     127,439,759  85.96%  20,810,536  14.04%   148,250,295  81.61%                      22,667
 03I, RE-ELECT ANNE HERATY.                                     147,395,019  99.42%  855,276     0.58%    148,250,295  81.61%                      22,667
 03J, ELECT ÉIMEAR MOLONEY.                                     147,595,014  99.56%  655,281     0.44%    148,250,295  81.61%                      22,667
 03K, ELECT PAUL MURTAGH.                                       141,446,147  95.56%  6,574,165   4.44%    148,020,312  81.49%                      252,650
 04, REMUNERATION OF AUDITORS.                                  147,580,946  99.57%  643,795     0.43%    148,224,741  81.60%                      48,221
 05, RECEIVE THE COMPANY'S PLANET PASSIONATE REPORT.            141,214,790  96.10%  5,736,878   3.90%    146,951,668  80.90%                      1,321,294
 06, RECEIVE POLICY ON DIRECTORS' REMUNERATION.                 118,371,401  79.85%  29,864,415  20.15%   148,235,816  81.61%                      37,146
 07, RECEIVE REPORT OF REMUNERATION COMMITTEE.                  144,299,108  97.34%  3,937,125   2.66%    148,236,233  81.61%                      36,729
 08, DIRECTORS TO ALLOT SECURITIES.                             145,417,779  98.08%  2,850,282   1.92%    148,268,061  81.62%                      4,901
 09, DIS-APPLICATION OF PRE-EMPTION RIGHTS.                     147,295,702  99.34%  971,936     0.66%    148,267,638  81.62%                      5,324
 10, ADDITIONAL 5% DIS-APPLICATION OF PRE-EMPTION RIGHTS        146,824,902  99.03%  1,442,736   0.97%    148,267,638  81.62%                      5,324
 11, PURCHASE OF COMPANY SHARES.                                147,839,113  99.75%  375,485     0.25%    148,214,598  81.59%                      58,364
 12, RE-ISSUE OF TREASURY SHARES.                               148,222,649  99.98%  35,967      0.02%    148,258,616  81.62%                      14,346
 13, APPROVE EGM ON 14 DAYS' NOTICE.                            139,526,925  94.11%  8,733,608   5.89%    148,260,533  81.62%                      12,429
 14, AMEND THE KINGSPAN GROUP PLC 2017 PERFORMANCE SHARE PLAN.  118,772,777  80.12%  29,462,196  19.88%   148,234,973  81.61%                      37,989

 

The Board notes that whilst all resolutions were supported by the majority of
all shareholders, Resolution 3(a) received votes against of 23.8% and
Resolution 6 received votes against of 20.1%.  The Company will engage with
shareholders in the coming months to develop a deeper understanding of the
variety of views we have heard on the AGM resolutions over the past few weeks.

 

Notes to AGM figures:

 1   The percentage of votes "For" and "Against" each resolution are expressed as a
     percentage of the total votes cast "For" and "Against" the resolution
     (together the "Total Votes").  A vote withheld is not a vote in law and is
     not counted in the calculation of the proportion of votes "For" and "Against"
     a resolution.

 2   The "% of Total Voting Rights" column shows the percentage that the Total
     Votes on that resolution represent of the total number of voting rights
     attached to shares in issue at the date of the AGM. The total number of voting
     rights attached to shares in issue at the meeting record date was 181,648,837.

 3   The full terms of all resolutions were set out in the Notice to shareholders
     dated 21 March 2022 and made available on the Company's website
     www.kingspan.com/agm2022 (http://www.kingspan.com/agm2022) .

 4   In accordance with the Listing Rules, copies of the resolutions passed at the
     AGM under Special Business have been submitted to Euronext Dublin and to the
     UK National Storage Mechanism where they will shortly be available for
     inspection at:

     https://direct.euronext.com/#/oamfiling
     (https://direct.euronext.com/#/oamfiling)

     and at

     https://data.fca.org.uk/#/nsm/nationalstoragemechanism
     (https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

 

Lorcan Dowd

Group Company Secretary

 

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