REG - Man Group plc - Result of AGM

ManAnnouncement

09/05/2025 12:30

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RNS Number : 1116I  Man Group plc  09 May 2025

Result of 2025 AGM

Man Group plc (the "Company") held its Annual General Meeting ("AGM") at
10.00am on Friday 9 May 2025. All resolutions presented at the AGM were put to
the meeting on a poll and were passed with the requisite majority. The full
results are detailed below.

The Board notes that Resolution 20, which relates to the disapplication of
pre-emption rights in connection with the issue of shares for the purpose of
an acquisition or specified capital investment, received 76.02% of
shareholders votes for and 23.98% against. As a special resolution requiring a
75% majority, it received sufficient support to pass, however, the vote
against exceeds 20%.

The Board also notes that Resolution 20 is in line with the updated best
practice guidance issued in the Pre-Emption Group's Statement of Principles
and is consistent with its template resolution.

In accordance with provision 4 of the UK Corporate Governance Code (the
"Code"), the Board confirms that it will consult and continue to engage with
shareholders to understand and discuss their concerns with respect to this
resolution. An update will be provided within six months of the AGM, in
accordance with the Code, with a final summary to be included in the Company's
2025 Annual Report.

The issued ordinary share capital of the Company as at 7 May 2025, the voting
record date, was 1,273,949,460 (including treasury shares). The Company held
96,050,568 shares in treasury, which do not carry any voting rights.
Therefore, the total number of voting rights in the Company as at the voting
record date was 1,177,898,892.

                                                         FOR                        AGAINST              % of ISC voted  Number of votes withheld

 Resolution
         No. of shares                                  %            No. of shares  %
 1       Receive the Annual Report                      880,542,722  99.97%         227,393      0.03%   74.77           38,282,835

         and financial statements
 2       Approve the Directors'                         839,097,640  91.33%         79,641,456   8.67%   78.00           313,854

         Remuneration Policy
 3       Approve the Directors' Remuneration Report     839,039,019  94.86%         45,492,679   5.14%   75.09           34,521,252
 4       Declare a final dividend                       918,718,470  99.99%         95,007       0.01%   78.00           239,473

 5       Reappoint Lucinda Bell as a director           916,634,304  99.77%         2,124,394    0.23%   78.00           294,252
 6       Reappoint Richard Berliand as director         874,877,089  95.22%         43,881,609   4.78%   78.00           294,252
 7       Reappoint Laurie Fitch as a director           834,501,255  90.83%         84,245,141   9.17%   78.00           306,554
 8       Reappoint Antoine Forterre as a director       911,956,021  99.26%         6,797,271    0.74%   78.00           299,658
 9       Reappoint Robyn Grew as                        915,359,460  99.63%         3,393,832    0.37%   78.00           299,658

         a director
 10      Appoint Dixit Joshi as a director              916,856,937  99.79%         1,885,835    0.21%   78.00           310,178

 11      Reappoint Cecelia Kurzman as a director        916,617,466  99.77%         2,134,616    0.23%   78.00           300,868
 12      Appoint Sarah Legg as a director               915,387,553  99.63%         3,363,581    0.37%   78.00           301,816
 13      Reappoint Anne Wade as a director              878,747,803  99.34%         5,805,107    0.66%   75.10           34,500,040
 14      Appoint Paco Ybarra as a director              916,879,857  99.79%         1,884,182    0.21%   78.00           288,910

 15      Reappoint Deloitte LLP as auditor              880,047,199  95.79%         38,690,544   4.21%   78.00           315,206
 16      Determine the remuneration                     915,547,430  99.65%         3,218,478    0.35%   78.00           287,041

         of the auditor
 17      Authorise political donations and expenditure  807,454,931  99.47%         4,328,973    0.53%   68.92           107,269,045
 18      Authorise the directors to allot               769,227,807  83.84%         148,234,135  16.16%  77.89           1,591,007

         shares
 19      Authorise the directors to allot               794,262,918  86.45%         124,446,794  13.55%  78.00           343,237

         shares for cash other than on a

         pro-rata basis to existing shareholders*
 20      Authorise the directors to allot               698,396,590  76.02%         220,299,497  23.98%  77.99           356,862

         shares for cash other than on a

         pro-rata basis to existing

         shareholders in relation to

         acquisitions and specified

         capital investments*
 21      Authorise the Company to                       810,748,887  88.33%         107,123,457  11.67%  77.92           1,180,605

         purchase its own shares*
 22      Authorise the directors to call                886,894,852  96.53%         31,902,397   3.47%   78.00           255,700

         general meetings on 14 clear

         days' notice*

 

* Special Resolution requiring 75% majority

 

 

NOTES:

 

1.   The 'For' vote includes those giving the Chair discretion.

 

2.   Votes 'Withheld' are not counted in the calculation of the proportion
of votes 'For' or 'Against' a resolution.

 

3.   Resolutions 19 to 22 are special resolutions.

 

4.   In accordance with Listing Rule 6.4.2, copies of the resolutions
passed, other than resolutions constituting ordinary business, at the AGM have
been submitted to the National Storage Mechanism ("NSM") and will shortly be
available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

 

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