REG-PayPoint plc : AGM Statement <Origin Href="QuoteRef">PAYP.L</Origin>

PayPointAnnouncement

26/07/2017 14:55

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26 July 2017 
PayPoint plc (Company) 
 AGM and Trading Update

PayPoint plc announces that at the Annual General Meeting held today all
resolutions were passed on a show of hands. The proxy voting for the
resolutions tabled at the Meeting was as follows:

                                                      Resolutions                                                      Votes For   %        Votes Against  %       Total Votes  % of Issued Share Capital Voted  Votes Withheld*  
 1. To receive the annual reports and accounts for the year ended 31 March 2017                                        57,504,589  100.00%        0         0.00%   57,504,589               84.36%                   2,832       
 2. To approve the directors' remuneration report for the year ended 31 March 2017                                     56,746,603   96.10%    2,304,030     3.90%   59,050,633               86.63%                  256,788      
 3. To approve the directors' remuneration policy                                                                      56,250,235   96.12%    2,269,240     3.88%   58,519,475               85.85%                  787,946      
 4. To declare a final dividend of 30.0p per ordinary share of the company                                             57,507,421  100.00%        0         0.00%   57,507,421               84.36%                     -         
 5. To re-elect Ms Gill Barr as a director of the company                                                              57,014,709   99.15%     491,067      0.85%   57,505,776               84.36%                   1,645       
 6. To re-elect Mr Giles Kerr as a director of the company                                                             54,740,879   98.98%     564,897      1.02%   55,305,776               81.13%                   1,645       
 7. To re-elect Mr Dominic Taylor as a director of the company                                                         57,407,382   99.83%      98,394      0.17%   57,505,776               84.36%                   1,645       
 8. To re-elect Mr Tim Watkin-Rees as a director of the company                                                        57,407,382   99.83%      98,394      0.17%   57,505,776               84.36%                   1,645       
 9. To re-elect Mr Nick Wiles as a director of the company                                                             57,374,221   99.77%     131,555      0.23%   57,505,776               84.36%                   1,645       
 10. To elect Ms Rachel Kentleton as a director of the company                                                         57,407,382   99.83%      98,394      0.17%   57,505,776               84.36%                   1,645       
 11. To elect Mr Rakesh Sharma as a director of the company                                                            57,488,967   99.97%      16,809      0.03%   57,505,776               84.36%                   1,645       
 12. To re-appoint Deloitte LLP as auditor of the company                                                              52,797,846   93.04%    3,947,761     6.96%   56,745,607               83.25%                  761,814      
 13. To authorise the directors to determine the auditor's remuneration                                                35,655,280   85.20%    6,192,939    14.80%   41,848,219               61.39%                 17,459,202    
 14. To authorise the directors to allot shares in accordance with Section 551 of the Companies Act 2006               57,503,540   99.99%      3,441       0.01%   57,506,981               84.36%                    440        
 15. To disapply statutory pre-emption rights in accordance with Section 570 of the Companies Act 2006**               57,499,718   99.99%      5,263       0.01%   57,504,981               84.36%                   2,440       
 16. To authorise the company to make market purchases of its ordinary shares up to 10% of the issued share capital**  56,727,501   98.64%     779,280      1.36%   57,506,781               84.36%                    640        
 17. To allow any general meeting (other than an annual general meeting) to be called on 14 days' notice**             56,947,642   99.03%     559,339      0.97%   57,506,981               84.36%                    440        

*A vote withheld is not a vote in law and is not counted towards votes cast
"For" or "Against" a resolution. 
** Special Resolutions requiring a 75% majority

In accordance with Listing Rule 9.2.2E, Resolutions 5, 6 and 11 were approved
by: (a) the shareholders of the Company; and (b) the independent shareholders
of the Company.

The total voting rights of the Company on the day on which shareholders had to
be on the register in order to be eligible to vote was 68,165,925.

The results will also be made available on the Company's website:
www.paypoint.com

In accordance with LR 9.6.2, a document setting out the resolutions passed at
the AGM, concerning special business has been submitted to the National
Storage Mechanism and will shortly be available for inspection at
http://www.morningstar.co.uk/uk/NSM  

Dividends
Payment of the final dividend (including the additional dividend) will be made
on 31 July 2017 to shareholders who were on the shareholder register on 23
June 2017.

Directorate change
As previously announced on 02 June 2016, today 26 July 2017, David Morrison
retires from the board after a long period of service as a non-executive
director of the Company. 
Nick Wiles, Chairman, said: 
"On behalf of the board I would like to thank David for his immense
contribution to the board, and his considerable support towards PayPoint
during his service as a non-executive director of the Company. The board
wishes him every success for the future."
There are no further disclosures required for the purposes of Listing Rule
9.6.11.

Trading Update
PayPoint released a trading update on 26 July 2017 which has been published on
its website www.paypoint.com.

Enquiries:
PayPoint plc
 Susan Court        01707 600300

Finsbury
 Rollo Head          020 7251 3801
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the content, accuracy and originality of the information contained therein.
Source: PayPoint plc via Globenewswire