REG - Kingspan Group PLC - Result of AGM

KingspanAnnouncement

30/04/2021 14:20

RNS Number : 2796X
  
Kingspan Group PLC
  
30 April 2021
  
 

Kingspan Group plc
AGM results
30 April 2021
 
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:
 




RESOLUTION


VOTES FOR


VOTES AGAINST


TOTAL VOTES


 


VOTES WITHHELD




NUMBER


%


NUMBER


%


NUMBER


% OF TOTAL

VOTING

RIGHTS


 




01, TO ADOPT THE FINANCIAL STATEMENTS.


90,029,400


99.87


119,733


0.13


90,149,133


49.60%


 


183,958




02, DECLARE A FINAL DIVIDEND.


90,061,591


99.70


271,500


0.30


90,333,091


49.70%


 


0




03A, RE-ELECT GENE M. MURTAGH.


70,560,920


89.41


8,358,375


10.59


78,919,295


43.42%


 


11,413,796




03B, RE-ELECT GEOFF DOHERTY.


85,464,247


94.87


4,619,871


5.13


90,084,118


49.57%


 


245,361




03C, RE-ELECT RUSSELL SHIELS.


85,433,407


94.85


4,638,243


5.15


90,071,650


49.56%


 


261,441




03D, RE-ELECT GILBERT McCARTHY.


84,690,063


94.69


4,752,695


5.31


89,442,758


49.21%


 


890,333




03E, RE-ELECT LINDA HICKEY.


86,498,873


96.60


3,046,107


3.40


89,544,980


49.27%


 


788,111




03F, RE-ELECT MICHAEL CAWLEY.


71,058,585


78.68


19,251,430


21.32


90,310,015


49.69%


 


23,076




03G, RE-ELECT JOHN CRONIN.


87,314,035


96.68


2,995,980


3.32


90,310,015


49.69%


 


23,076




03H, RE-ELECT JOST MASSENBERG.


85,185,608


94.33


5,124,407


5.67


90,310,015


49.69%


 


23,076




03I, RE-ELECT ANNE HERATY.


89,360,671


98.95


949,844


1.05


90,310,515


49.69%


 


22,576




04, REMUNERATION OF AUDITORS.


90,280,738


99.94


50,853


0.06


90,331,591


49.70%


 


1,500




05, RECEIVE REPORT ON REMUNERATION COMMITTEE.


55,351,412


63.23


32,183,875


36.77


87,535,287


48.16%


 


2,797,804




06, INCREASE THE LIMIT FOR NON-EXECUTIVE DIRECTORS' FEES.


88,888,301


98.43


1,417,714


1.57


90,306,015


49.69%


 


27,076




07, DIRECTORS TO ALLOT SECURITIES.


89,154,662


98.70


1,176,929


1.30


90,331,591


49.70%


 


1,500




08, DIS-APPLICATION OF PRE-EMPTION RIGHTS.


86,693,037


95.98


3,630,942


4.02


90,323,979


49.70%


 


5,500




09, ADDITIONAL 5% DIS-APPLICATION OF

PRE-EMPTION RIGHTS.


89,807,900


99.42


520,079


0.58


90,327,979


49.70%


 


1,500




10, PURCHASE OF COMPANY SHARES.


89,778,385


99.44


501,806


0.56


90,280,191


49.67%


 


52,900




11, RE-ISSUE OF TREASURY SHARES.


89,979,194


99.61


353,397


0.39


90,332,591


49.70%


 


500




12, APPROVE EGM ON 14 DAYS' NOTICE.


84,416,001


93.45


5,917,090


6.55


90,333,091


49.70%


 


0




 
Although supported by a majority of shareholders in each case, the Board notes that Resolution 3(f) and Resolution 5, were opposed by more than 20% of voting shareholders. In advance of the 2021 AGM, the Company engaged extensively with shareholders to develop an understanding of their views on the resolutions being proposed. In the coming months, the Board will continue to consult with major shareholders on these matters.
 
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 date of the AGM was 181,742,947.




 


 




3


The full terms of all resolutions were set out in the Notice to shareholders dated 22 March 2021 and made available on the Company's website www.kingspan.com/agm2021.




 


 




4


Resolutions 5, 6, 7, 8, 9, 10, 11 and 12 were passed as items of special business.  In accordance with the Listing Rules, copies of the resolutions passed at the AGM have been submitted to Euronext Dublin and to the UK National Storage Mechanism where they will shortly be available for inspection.




 
Lorcan Dowd
Group Company Secretary
 

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