REG - Renishaw PLC - Result of AGM

RenishawAnnouncement

24/11/2021 16:00

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RNS Number : 5020T  Renishaw PLC  24 November 2021

Renishaw plc (the "Company")

 

Results of Annual General Meeting 2021

 

All resolutions proposed at the Annual General Meeting ("AGM") held on 24
November 2021 were duly passed on a poll. Resolutions 1 to 13 were passed as
ordinary resolutions and resolution 14 was passed as a special resolution. The
result of the poll is as follows:

 

 Resolution                                                                     Votes For   %      Votes Against  %      Votes Total  % of ISC(1) Voted Excl Withheld  Votes Withheld(2)
 1.     Receive the Annual Report 2021                                          62,395,301  98.23  1,125,984      1.77   63,521,285   87.27%                           488,418
 2.     Approve the remuneration report                                         61,720,584  97.15  1,812,708      2.85   63,533,292   87.28%                           476,411
 3.     Declare a final dividend                                                63,965,497  99.93  44,145         0.07   64,009,642   87.94%                           61
 4.     Re-elect David McMurtry as a director                                   48,434,138  77.32  14,206,224     22.68  62,640,362   86.06%                           1,369,341
 5.     Re-elect John Deer as a director                                        47,253,450  75.44  15,386,912     24.56  62,640,362   86.06%                           1,369,341
 6.     Re-elect Will Lee as a director                                         63,711,498  99.55  289,305        0.45   64,000,803   87.93%                           8,900
 7.     Re-elect Allen Roberts as a director                                    63,620,015  99.41  380,435        0.59   64,000,450   87.93%                           9,253
 8.     Re-elect Carol Chesney as a director                                    61,379,249  95.90  2,621,922      4.10   64,001,171   87.93%                           8,532
 9.     Re-elect Catherine Glickman as a director                               61,064,782  95.41  2,935,747      4.59   64,000,529   87.93%                           9,174
 10.   Re-elect David Grant as a director                                       61,496,853  96.09  2,501,039      3.91   63,997,892   87.92%                           9,232
 11.   Re-elect John Jeans as a director                                        62,117,936  97.06  1,883,214      2.94   64,001,150   87.93%                           8,553
 12.   Re-appoint Ernst & Young LLP as auditors                                 63,527,062  99.26  476,478        0.74   64,003,540   87.93%                           6,163
 13.   Authorise the audit committee to determine the auditors' remuneration    63,997,575  99.99  7,420          0.01   64,004,995   87.93%                           4,708
 14.   Authorise the Company to purchase its own shares(3)                      63,516,532  99.24  483,588        0.76   64,000,120   87.93%                           9,583

(1) Issued Share Capital.

(2) A vote withheld is not a vote in law and is not counted towards votes cast
"For" or "Against" a resolution.

(3) Special resolution requiring 75% majority.

 

 Votes of independent shareholders on the resolutions concerning the election
 or re-election of the independent Non-executive Directors
 8.     Re-elect Carol Chesney as a director           22,925,990  89.74  2,621,922  10.26  25,547,912  74.41%  8,532
 9.     Re-elect Catherine Glickman as a director      22,611,523  88.51  2,935,747  11.49  25,547,270  74.41%  9,174
 10.   Re-elect David Grant as a director              23,043,594  90.21  2,501,039  9.79   25,544,633  74.40%  9,232
 11.   Re-elect John Jeans as a director               23,664,677  92.63  1,883,214  7.37   25,547,891  74.41%  8,553

 

In accordance with Listing Rule 9.2.2E, resolutions 8 to 11 inclusive 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 72,788,543.

 

In accordance with Listing Rule 9.6.2R, a copy of resolution 14, which was
passed as a special resolution, has been submitted to the National Storage
Mechanism and will shortly be available for inspection at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

At the 2021 AGM, the Board was again pleased that the majority of resolutions
were passed with a high level of support from shareholders. The Board has
considered the votes against resolutions 4, the re-election of Sir David
McMurtry (22.68%) and 5, the re-election of John Deer (24.56%). In order to
better understand the reasons for these votes against, the Board has
considered the views of shareholders and proxy voting agencies as to voting
and voting recommendations respectively (where these had been made available
to the Company for the 2021 AGM, including through engagement with the General
Counsel & Company Secretary or through the year via the Senior Independent
Director). The Board will continue to engage with shareholders to understand
their views on this and any other significant matter.

 

Renishaw plc

24 November 2021

 

 Registered office:  New Mills, Wotton-under-Edge, Gloucestershire, GL12 8JR
 Registered number:  01106260, England and Wales
 Contact name:       Jacqueline Conway
 Contact telephone:  01453 524524

www.renishaw.com (http://www.renishaw.com)

 

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