REG - Rotork PLC - Result of AGM

RotorkAnnouncement

28/04/2023 15:30

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RNS Number : 9275X  Rotork PLC  28 April 2023

28 April 2023

 

Rotork Plc

('the Company' or 'Rotork')

 

2023 Annual General Meeting - Poll Results and Chair Accession

 

The Company's 2023 Annual General Meeting ('AGM') was held today in the Brunel
Suite at the Bailbrook House Hotel, Eveleigh Avenue, London Road West, Bath,
BA1 7JD.  All resolutions, as set out in the Notice of AGM dated 23 March
2023 and put to the meeting, were decided on by a poll and were passed.

 

Resolutions 1 to 17 were each passed as an ordinary resolution and resolutions
18 to 22 were each passed as a special resolution.

 

The following table summarises the final poll result for each resolution:

 

                                                                                   For (2)                 Against(2)
 Resolution                                                                        No. of Shares  %        No. of Shares  %       No. of Votes withheld(3)  Total Capital Instructed

 1.          To receive the 2022 Annual Report and audited                         697,003,548    99.99    89,076         0.01    730,325                   80.98%
             accounts
 2.          To declare a final dividend of 4.30p per ordinary share               697,491,835    99.95    325,527        0.05    5,587                     81.06%
 3.          To approve the Directors' Remuneration Policy                         683,772,096    98.04    13,640,012     1.96    410,841                   81.01%
 4.          To approve the Directors' Remuneration Report                         679,150,943    97.82    15,105,911     2.18    3,566,095                 80.65%
 5.          To re-elect AC Andersen as a director                                 683,725,512    97.99    14,006,632     2.01    90,805                    81.05%
 6.          To re-elect TR Cobbold as a director                                  696,121,217    99.77    1,612,171      0.23    89,561                    81.05%
 7.          To re-elect JM Davis as a director                                    694,529,087    99.54    3,207,301      0.46    86,561                    81.05%
 8.          To re-elect PG Dilnot as a director                                   697,542,079    99.97    185,065        0.03    95,805                    81.05%
 9.          To re-elect KT Huynh as a director                                    697,542,687    99.97    190,701        0.03    89,561                    81.05%
 10.         To re-elect KFS Meurk-Harvey as a director                            696,160,217    99.77    1,571,927      0.23    90,805                    81.05%
 11.         To re-elect JE Stipp as a director                                    696,160,067    99.77    1,572,077      0.23    90,805                    81.05%
 12.         To elect DC Thompson as a director                                    694,644,862    99.56    3,091,526      0.44    86,561                    81.05%
 13.         To re-appoint Deloitte LLP as Auditor of the Company                  695,529,824    99.96    262,081        0.04    2,031,044                 80.83%
 14.         To authorise the Audit Committee to determine Auditor's remuneration  697,585,124    99.97    176,076        0.03    61,749                    81.05%
 15.         Authority to make political donations                                 678,601,495     97.30   18,854,367     2.70    384,587                   81.02%
 16.         Authority for the directors to allot shares                           669,569,243    95.97    28,113,341     4.03    77,575                    81.04%
 17.         Authority to adopt new rules of the Rotork Sharesave Scheme           697,060,025    99.92    588,374        0.08    111,760                   81.04%
 18.         General authority to dis-apply pre-emption rights*                    687,510,138    98.59    9,836,044      1.41    413,977                   81.01%
 19.         Authority to dis-apply pre-emption rights for acquisitions / capital  685,672,334    98.33    11,673,848     1.67    413,977                   81.01%
             investments*
 20.         Authority to purchase own ordinary shares*                            695,236,140    99.69    2,128,354      0.31    395,665                   81.01%
 21.         Authority to purchase own preference shares*                          695,493,808    99.73    1,866,082      0.27    400,269                   81.01%
 22.         Notice period for general meetings*                                   640,784,329    92.10    54,953,704     7.90    2,022,126                 80.82%

*Passed as a special resolution

The Board of Rotork plc is pleased to note that all resolutions were passed at
today's AGM and we welcome the substantial support of the Company's
shareholders for all the resolutions proposed.

Pursuant to Listing Rule 9.6.11(3), the Company is pleased to confirm that
Dorothy Thompson, CBE acceded to the role of Chair at the conclusion of
today's AGM.  Dorothy succeeds Martin Lamb who has stepped down as Chairman
and as a director today after nearly nine years on the Board. Dorothy's
appointment as Non-executive Director and Chair Designate was announced on 1
December 2022 (RNS Number: 1581I).

 

Notes:

 

1.    The total votes cast in favour of each resolution include those
giving the Chairman discretion.

2.    Votes "For" and "Against" are expressed as a percentage of votes
received with percentages rounded to two decimal places.

3.    A "vote withheld" is not a vote in law and is not counted in the
calculation of the votes "for" or "against" a resolution.

4.    The total number of ordinary 0.5p shares in issue on 28 April 2023
was 860,859,793 with no shares being held in treasury. The total number of
voting rights in respect of these ordinary shares was 860,859,793 with each
ordinary share having one vote.

5.    In accordance with Listing Rule 9.6.2, a copy of all resolutions
passed by the Company, other than those resolutions concerning ordinary
business, will be submitted to the UK Listing Authority and made available for
inspection from the National Storage Mechanism at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

6.    A copy of this announcement has been posted on the Company's website
at www.rotork.com/investors/index/agm
(http://www.rotork.com/investors/index/agm) .

7.    Legal Entity Identifier: 213800AH5RZIHGWRJ718

 

 Enquiries:

 Rotork plc                                                  Tel:  +44 (0)1225 733 200
 Stuart Pain, Group General Counsel & Company Secretary

 Andrew Carter, Investor Relations Director

 FTI Consulting
 Nick Hasell/Susanne Yule                                    Tel:  + 44 (0)20 3727 1340

 

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