REG - RS Group PLC - Result of AGM

RSAnnouncement

11/07/2024 15:15

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RNS Number : 1060W  RS Group PLC  11 July 2024

RS Group plc

 

Results of Annual General Meeting

 

Following the annual general meeting held today at the offices of Allen Overy
Shearman Sterling LLP, One Bishops Square, London E1 6AD, RS Group plc (the
'Company') announces that all resolutions put to shareholders at that meeting
were duly passed by the requisite majorities. Resolutions 1 to 16 (inclusive)
were passed as ordinary resolutions.  Resolutions 17 to 20 (inclusive) were
passed as special resolutions.  A poll was held on each of the resolutions
proposed.

 

The results of the poll are as follows:

 

                                                                               Voted For                       Votes Against           Total Votes Cast (excl. Votes Withheld)  Votes Withheld*

(Incl. Chair's discretion)
 Resolution                                                                    Votes           % of Votes      Votes       % of Votes
 1       Receive Annual Report and Accounts for 2024                           420,728,923     100.00%         14,342      0.00%       420,743,265                              10,758,247
 2       Approve Directors' Remuneration Report for 2024                       375,321,797     86.99%          56,138,542  13.01%      431,460,339                              41,173
 3       Approve Final Dividend for 2024                                       431,475,467     100.00%         1,451       0.00%       431,476,918                              24,594
 4       Re-elect Alex Baldock                                                 421,135,712     98.63%          5,861,492   1.37%       426,997,204                              4,444,308
 5       Re-elect Louisa Burdett                                               421,169,891     98.63%          5,863,346   1.37%       427,033,237                              4,408,275
 6       Re-elect Rona Fairhead                                                413,892,196     99.59%          1,707,215   0.41%       415,599,411                              15,842,101
 7       Re-elect Navneet Kapoor                                               431,361,511     99.99%          34,917      0.01%       431,396,428                              45,084
 8       Re-elect Bessie Lee                                                   431,388,765     99.99%          23,439      0.01%       431,412,204                              29,308
 9       Re-elect Simon Pryce                                                  431,355,348     99.99%          52,058      0.01%       431,407,406                              34,106
 10      Elect Kate Ringrose                                                   429,415,060     99.54%          1,996,473   0.46%       431,411,533                              29,979
 11      Re-elect David Sleath                                                 421,179,562     98.63%          5,861,045   1.37%       427,040,607                              4,400,905
 12      Re-elect Joan Wainwright                                              425,508,949     98.64%          5,885,582   1.36%       431,394,531                              46,981
 13      Reappoint Deloitte as Auditor                                         431,374,592     99.99%          51,089      0.01%       431,425,681                              15,831
 14      Agree remuneration of the auditor                                     431,479,966     100.00%         13,797      0.00%       431,493,763                              7,749
 15      Limited authority to make political donations and to incur political  417,248,108     96.71%          14,184,094  3.29%       431,432,202                              69,310
         expenditure
 16      Authority to allot shares                                             388,065,167     89.94%          43,416,304  10.06%      431,481,471                              20,041
 17      Authority to disapply pre-emption rights up to 12%                    386,711,751     89.63%          44,749,158  10.37%      431,460,909                              40,603
 18      Authority to disapply pre-emption rights for additional 12%           373,437,688     86.55%          58,008,198  13.45%      431,445,886                              55,725
 19      Authority to purchase own shares                                      427,035,135     98.98%          4,380,238   1.02%       431,415,373                              86,139
 20      Notice Period for General Meetings                                    397,045,536     92.02%          34,448,112  7.98%       431,493,648                              7,864

 

 

The RS Group Board is pleased to note that all resolutions were passed with
the requisite majority votes and welcomes the overwhelming support of the
Company's shareholders for the majority of the resolutions proposed.

 

 

Notes

 

The full text of the resolutions, along with the explanatory notes, is set out
in the Notice of Meeting, which is available on the Company's website:
rsgroup.com

 

The total number of shares in issue on Thursday, 11 July 2024 was 474,034,527
ordinary shares in the Company. A total of 91.03% of the share capital was
voted.

 

*Ordinary shareholders are entitled to one vote per share.  A "vote withheld"
is not a vote in law and will not be counted in the calculation of the
proportion of votes "for" or "against" a resolution, the total votes validly
cast or the calculation of the proportion of issued share capital voted.

 

In accordance with Listing Rule 9.6.2., a copy of the Resolutions relating to
Special Business 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) .

 

 

Clare Underwood

Company Secretary

11 July 2024

 

 

 

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