REG - Rio Tinto - Results of Rio Tinto plc AGM
RNS Number : 0324VRio Tinto PLC09 April 2021
Rio Tinto plc - 2021 annual general meeting voting results
9 April 2021
The annual general meeting of Rio Tinto plc was held on 9 April 2021.
Under Rio Tinto's dual listed companies structure established in 1995, decisions on significant matters affecting shareholders of Rio Tinto plc and Rio Tinto Limited in similar ways are taken through a joint electoral procedure. Resolutions 1 to 17 of the Rio Tinto plc annual general meeting fall into this category, and the results of the voting on these resolutions will be announced shortly after the Rio Tinto Limited annual general meeting which will be held in Australia on 6 May 2021.
The remaining resolutions 18 to 22 were put to Rio Tinto plc shareholders on a poll at the annual general meeting today. The results of that poll are set out below.
The addresses given by the Chairman, the Chief Executive and the Remuneration Committee Chairman are available at https://www.riotinto.com/invest/shareholder-information/annual-general-meetings.
Resolutions
For/Discretion (no of votes)
% for / discretion
Against
(no of votes)
Total votes validly cast
% of issued share capital voted
Withheld*
18. Renewal of and amendment to the Rio Tinto UK Share Plan
958,961,532
99.74%
2,503,754
961,465,286
77.06%
1,824,362
19. General authority to allot shares
942,842,741
98.06%
18,684,984
961,527,725
77.07%
1,746,184
20. Disapplication of pre-emption rights
958,441,387
99.73%
2,635,516
961,076,903
77.03%
2,210,031
21. Authority to purchase Rio Tinto plc shares
766,908,987
79.77%
194,541,112
961,450,099
77.06%
1,839,548
22. Notice period for general meetings other than annual general meetings
907,313,113
94.36%
54,268,727
961,581,840
77.07%
1,704,804
*It should be noted that a vote 'withheld' is not a vote in law and is not counted in the calculation of the proportion of votes for and against each resolution.
For the purposes of section 341 of the UK Companies Act 2006, the votes validly cast are expressed in the table as a percentage of Rio Tinto plc's total issued share capital (excluding shares held in Treasury) as at 8pm on 7 April 2021, being the time at which a shareholder had to be registered in the Company's register of members in order to attend and vote at the annual general meeting. The number of shares in issue was 1,255,764,724 (excluding Treasury shares 1,247,682,690).
The Company notes that Resolution 21 'Authority to purchase Rio Tinto plc shares' was passed with less than 80% of votes in favour. Shining Prospect (a subsidiary of the Aluminium Corporation of China "Chinalco") voted against Resolution 21. Chinalco has not sold any of its shares in Rio Tinto plc and now has a holding of over 14% given its non-participation in the Company's significant share buyback programmes. This places Chinalco close to the 14.99% holding threshold agreed with the Australian Government at the time of its original investment in Rio Tinto.
In accordance with Listing Rule 9.6.2 copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
LEI: 213800YOEO5OQ72G2R82
Classification: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
This announcement is authorised for release to the market by Rio Tinto's Group Company Secretary.
Contacts
media.enquiries@riotinto.com
Follow @RioTinto on Twitter
Media Relations, United Kingdom
Illtud Harri
M +44 7920 503 600
David Outhwaite
T +44 20 7781 1623
M +44 7787 597 493
Media Relations, Americas
Matthew Klar
T +1 514 608 4429
Media Relations, Asia
Grant Donald
T +65 6679 9290
M +65 9722 6028
Media Relations, Australia
Jonathan Rose
T +61 3 9283 3088
M +61 447 028 913
Matt Chambers
T +61 3 9283 3087
M +61 433 525 739
Jesse Riseborough
T +61 8 6211 6013
M +61 436 653 412
Investor Relations, United Kingdom
Menno Sanderse
T: +44 20 7781 1517
M: +44 7825 195 178
David Ovington
T +44 20 7781 2051
M +44 7920 010 978
Clare Peever
M: +44 7788 967 877
Investor Relations, Australia
Natalie Worley
T +61 3 9283 3063
M +61 409 210 462
Amar Jambaa
T +61 3 9283 3627
M +61 472 865 948
Group Company Secretary
Steve Allen
Rio Tinto plc
6 St James's Square
London SW1Y 4AD
United Kingdom
T +44 20 7781 2000
Registered in England
No. 719885
Joint Company Secretary
Tim Paine
Rio Tinto Limited
Level 7, 360 Collins Street
Melbourne 3000
Australia
T +61 3 9283 3333
Registered in Australia
ABN 96 004 458 404
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