REG - Reach PLC - Result of AGM
RNS Number : 9348XReach PLC02 May 2019Reach plc
2 May 2019
Results of Annual General Meeting ("AGM")
At the AGM of Reach plc (the 'Company') held today at 11.30 am at the Museum of London Docklands, No.1 Warehouse, West India Quay, London E14 4AL, all resolutions set out in the Notice of Meeting were voted on a poll and were passed by the requisite majorities. Resolutions 1 to 13 and 17 were passed as ordinary resolutions and resolutions 14 to 16 and 18 were passed as special resolutions. The results of the poll are set out below.
VOTES
FOR%
VOTES
AGAINST%
VOTES
CAST% of ISC VOTED
VOTES
WITHHELD1
Annual Report and Accounts
236,685,122
99.98
48,213
0.02
236,733,335
79.10%
60,640
2
Remuneration Report
192,593,200
83.14
39,052,286
16.86
231,645,486
77.40%
5,151,501
3
Dividend
236,783,936
99.99
12,648
0.01
236,796,584
79.13%
1,042
4
Elect Simon Fuller
231,028,557
99.77
543,978
0.23
231,572,535
77.38%
5,225,091
5
Re-elect Nick Prettejohn
231,899,772
97.93
4,892,784
2.07
236,792,556
79.12%
5,069
6
Re-elect Simon Fox
235,860,446
99.61
932,328
0.39
236,792,774
79.12%
4,852
7
Re-elect Steve Hatch
220,152,519
94.20
13,558,243
5.80
233,710,762
78.09%
3,086,863
8
Re-elect David Kelly
224,637,434
96.97
7,014,121
3.03
231,651,555
77.41%
5,146,071
9
Re-elect Helen Stevenson
226,807,629
95.79
9,980,391
4.21
236,788,020
79.12%
9,606
10
Re-elect Olivia Streatfeild
226,808,944
95.79
9,979,076
4.21
236,788,020
79.12%
9,606
11
Appoint PricewaterhouseCoopers LLP
236,427,359
99.85
363,456
0.15
236,790,815
79.12%
6,811
12
Auditors' remuneration
236,744,384
99.98
51,631
0.02
236,796,015
79.12%
1,611
13
Allot shares
236,530,121
99.89
264,070
0.11
236,794,191
79.12%
3,435
14
Disapplication of pre-emption rights
236,740,043
99.98
52,130
0.02
236,792,173
79.12%
5,453
15
Further disapplication of pre-emption rights
231,531,410
97.78
5,260,810
2.22
236,792,220
79.12%
5,405
16
Purchase of own shares
231,562,290
97.80
5,207,876
2.20
236,770,166
79.12%
27,459
17
Political donations
182,438,448
77.05
54,354,388
22.95
236,792,836
79.12%
4,790
18
Notice for General Meetings
235,008,010
99.25
1,787,456
0.75
236,795,466
79.12%
2,160
Notes:
1. A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "for" and "against" a resolution.
2. The issued share capital figure used to calculate the percentage voted is 299,268,697. This is the figure as at close of business on 30 April 2019 and excludes the number of ordinary shares held in treasury at that date.
3. The directors of the Company (the 'Directors') note the proportion of votes cast against resolution 17. As explained in the circular to shareholders containing the notice of Annual General Meeting, neither the Company nor any of its subsidiaries has any intention of making any direct political donation or incurring political expenditure pursuant to this resolution. This resolution was proposed to ensure that neither the Company nor its subsidiaries inadvertently commits any breaches of the Companies Act 2006 (the 'Act') through the undertaking of routine activities in consequence of the very wide scope of the relevant provisions in that Act. The Directors remain convinced that the passing of the resolution was in the best interest of the Company with a view to its avoiding any such technical breach which could otherwise arise.
In accordance with Listing Rule 9.6.3R, a copy of the resolutions passed as Special Business at the AGM have been submitted to the National Storage Mechanism and will be available in due course for viewing at http://www.morningstar.co.uk/uk/NSM
Enquiries
Reach plc
Simon Fox, Chief Executive
Simon Fuller, Chief Financial Officer and Company Secretary
020 7293 3553
Brunswick
Nick Cosgrove, Partner
020 7404 5959
Will Medvei, Director
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