REG - Record PLC - Result of AGM <Origin Href="QuoteRef">RECL.L</Origin>

RecordAnnouncement

06/09/2014 20:32

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RNS Number : 2370N
Record PLC
24 July 2014 
 
RECORD PLC 
 
("Record" or "the Company") 
 
Notification of shareholder resolutions at 
 
2014 Annual General Meeting 
 
in compliance with Listing Rule 9.6.18R 
 
24 July 2014 
 
Record plc held its Annual General Meeting at 10.00 a.m. on 24 July 2014 at
Morgan House, Madeira Walk, Windsor SL4 1EP. 
 
All of the twelve resolutions set out in the Notice of Annual General Meeting
sent to shareholders on 26 June 2014 were passed.  The following is a summary
of the proxy votes that were received by the Company's registrars: 
 
                                                                                                                                                                                             Votes                       Votes            Total votes                                        Votes Withheld   
                                                                                                                                                                                             For                         Against          cast as a % of Record plc issued ordinary shares                    
                                                                                                                                                                                             (including Discretionary)                                                                                        
 Resolution                                                                                                                                                                                  Number                      % of votes cast  Number of                                          % of votes cast  %       Number  
                                                                                                                                                                                             of                                           votes                                                                       of      
                                                                                                                                                                                             votes                                                                                                                    votes   
 1.   To receive and adopt the Annual Report & Financial Statements of the Company for the year ended 31 March 2014.                                                                         155,724,275                 100%             0                                                  0%               70.34%  0       
 2.   To declare a final dividend of £0.75 per ordinary share of £0.00025 in the capital of the Company.                                                                                     155,724,275                 100%             0                                                  0%               70.34%  0       
 3.   To re-elect Leslie Hill as a director of the Company.                                                                                                                                  155,724,275                 100%             0                                                  0%               70.34%  0       
 4.   To re-elect Bob Noyen as a director of the Company.                                                                                                                                    155,724,275                 100%             0                                                  0%               70.34%  0       
 5.   To re-elect Cees Schrauwers as a director of the Company.                                                                                                                              155,372,646                 99.8%            351,629                                            0.2%             70.34%  0       
 6.   To re-appoint Grant Thornton UK LLP as auditor of the Company and to authorise                                                                                                         155,720,213                 100%             1,062                                              0%               70.34%  3,000   
 the directors to agree their remuneration.                                                                                                                                                                                                                                                                                   
 7.   To approve the Directors' Remuneration Report (excluding the Directors' Remuneration Policy) as set out on pages 43 to 53 of the Annual Report & Financial Statements of the Company.  155,715,975                 100%             5,300                                              0%               70.34%  3,000   
 8.   To approve the Directors' Remuneration Policy contained in the Directors' Remuneration Report as set out on pages 44 to 48 of the Annual Report &Financial Statements of the Company.  155,665,975                 99.9%            55,300                                             0.1%             70.34%  3,000   
 9.   To authorise the Directors to allot Ordinary Shares on the terms set out in the notice of annual general meeting.                                                                      155,720,975                 100%             6,300                                              0%               70.34%  0       
 10. To disapply statutory pre-emption rights on the terms set out in the notice of annual general meeting.                                                                                  155,707,050                 100%             16,300                                             0%               70.34%  925     
 11. To authorise the Company to purchase own shares on the terms set out in the notice of annual general meeting.                                                                           155,720,975                 100%             3,300                                              0%               70.34%  0       
 12. To permit general meetings                                                                                                                                                              155,720,975                 100%             3,300                                              0%               70.34%  0       
 of the Company (other than annual general meetings) to be called on not less than 14 clear days' notice.                                                                                                                                                                                                                     
 
 
Note: 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. 
 
All of the above resolutions were passed on a show of hands.  Each was passed
unanimously in favour. Resolutions 10, 11 and 12 were passed as special
resolutions. 
 
The number of ordinary shares in issue at the date of this announcement is
221,380,800. 
 
For further information, please contact: 
 
Record plc                                                                    
                     Tel: +44 (0) 1753 852 222 
 
James Wood-Collins 
 
Steve Cullen 
 
MHP                                                                           
                        Tel: +44 (0) 20 3128 8100 
 
Nick Denton 
 
Vicky Watkins 
 
Notes to Editors 
 
Record is a specialist currency manager and provider of currency hedging
services for institutional clients. Founded in 1983, Record has established a
market leading position as a currency manager. Specifically, the Group has a
leading position in managing Dynamic Hedging and Currency for Return for
institutional clients. 
 
The Group has three principal product lines: 
 
-      Dynamic Hedging, formerly known as Active Hedging, where Record seeks
to eliminate the impact of currency movements on elements of clients'
investment portfolios that are denominated in foreign currencies when these
movements are expected to result in an economic loss to the client, but not to
do so when they are expected to result in an economic gain; 
 
-      Passive Hedging, where Record seeks to eliminate fully or partially the
economic impact of currency movements on elements of clients' investment
portfolios that are denominated in foreign currencies; and 
 
-      Currency for Return, in which Record enters into currency contracts for
clients with the objective of generating positive returns. 
 
Record (LSE: REC) was admitted to trading on the main market of London Stock
Exchange plc on 3 December 2007. 
 
This information is provided by RNS
The company news service from the London Stock Exchange