REG - Sage Group PLC - Result of AGM

SageAnnouncement

02/02/2023 15:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230202:nRSB7868Oa&default-theme=true

RNS Number : 7868O  Sage Group PLC  02 February 2023

RESULTS OF AGM

 

The Sage Group plc. ("Sage")

2 February 2023

Sage announces that all resolutions proposed to shareholders at its Annual
General Meeting held on 2 February 2023 (the "AGM") were carried by the
requisite majority on a poll.

 

The following table shows the votes cast for and against each resolution and
the number of votes withheld:

 

      Resolutions                                                          Votes        Percent of votes cast for  Votes       Percent of votes cast against  Total votes cast (excluding votes withheld)  Percent of total voting rights voted (excluding votes withheld)  Votes withheld

                                                                           For                                     Against
 1.   Receive the Annual Report and Accounts                               830,198,502  100.00                     16,748      0.00                           830,215,250                                  81.06%                                                           1,455,859
 2.   Approve the Directors' Remuneration Report                           820,692,437  98.77                      10,256,316  1.23                           830,948,753                                  81.13%                                                           722,356
 3.   Declare a final dividend                                             831,538,987  100.00                     5,503       0.00                           831,544,490                                  81.19%                                                           126,619
 4.   Elect Ms MC Jones                                                    830,922,175  99.97                      221,332     0.03                           831,143,507                                  81.15%                                                           520,224
 5.   Re-elect Mr A Duff                                                   819,586,804  98.63                      11,351,687  1.37                           830,938,491                                  81.13%                                                           732,618
 6.   Re-elect Ms S Anand                                                  830,961,460  99.97                      260,855     0.03                           831,222,315                                  81.16%                                                           448,794
 7.   Re-elect Dr J Bates                                                  820,456,479  98.71                      10,730,529  1.29                           831,187,008                                  81.16%                                                           484,101
 8.   Re-elect Mr J Bewes                                                  824,695,309  99.22                      6,487,843   0.78                           831,183,152                                  81.16%                                                           487,957
 9.   Re-elect Ms A Court                                                  819,233,044  98.56                      11,965,959  1.44                           831,199,003                                  81.16%                                                           472,106
 10.  Re-elect Mr D Hall                                                   810,253,702  97.48                      20,934,386  2.52                           831,188,088                                  81.16%                                                           483,021
 11.  Re-elect Mr D Harding                                                830,661,066  99.94                      516,799     0.06                           831,177,865                                  81.16%                                                           485,866
 12.  Re-elect Mr S Hare                                                   831,142,201  99.98                      181,737     0.02                           831,323,938                                  81.17%                                                           347,171
 13.  Re-elect Mr J Howell                                                 830,570,382  99.91                      735,113     0.09                           831,305,495                                  81.17%                                                           365,614
 14.  Re-appoint the Auditors                                              826,942,801  99.48                      4,319,271   0.52                           831,262,072                                  81.16%                                                           409,037
 15.  Authority to determine the Auditors' remuneration                    831,372,689  100.00                     22,945      0.00                           831,395,634                                  81.18%                                                           275,475
 16.  Political Donations                                                  824,188,625  99.14                      7,156,359   0.86                           831,344,984                                  81.17%                                                           326,125
 17.  Non-executive Director fees                                          829,718,965  99.81                      1,590,503   0.19                           831,309,468                                  81.17%                                                           361,641
 18.  The Sage Group plc. 2019 Restricted Share Plan amendments            822,864,632  99.02                      8,172,126   0.98                           831,036,758                                  81.14%                                                           634,351
 19.  The Sage Group plc. 2023 Colleague Share Purchase Plan               829,877,651  99.83                      1,405,686   0.17                           831,283,337                                  81.17%                                                           387,772
 20.  Authority to allot new shares                                        797,634,221  95.95                      33,702,230  4.05                           831,336,451                                  81.17%                                                           334,657
 21.  General authority to disapply pre-emption rights*                    828,532,478  99.92                      629,437     0.08                           829,161,915                                  80.96%                                                           2,509,194
 22.  Additional authority to disapply pre-emption rights*                 823,561,141  99.33                      5,591,207   0.67                           829,152,348                                  80.96%                                                           2,518,761
 23.  Authority to purchase own shares on market*                          826,668,680  99.43                      4,721,700   0.57                           831,390,380                                  81.18%                                                           280,729
 24.  General meetings to be held on not less than 14 clear days' notice*  794,299,916  95.54                      37,070,443  4.46                           831,370,359                                  81.18%                                                           300,750

 

NOTES:

 

1.   * Indicates a Special Resolution requiring 75% of votes cast to be
carried.

2.   All resolutions were passed.

 

3.   Votes "For" and "Against" are expressed as a percentage of votes cast.

 

4.   Votes "For" include discretionary votes given to the Chair.

 

5.   A "Vote withheld" is not a vote in law and is not counted in the
calculation of the votes "For" and "Against" a resolution.

 

6.   To view the full wording of the resolutions, please refer to the Notice
of 2023 Annual General Meeting on Sage's website at www.sage.com/investors.

 

7.   At 6.30 pm on 31 January 2023, the total voting rights of Sage were
1,024,165,354. This is based on the issued share capital of 1,100,789,295
ordinary shares reduced by the number of treasury shares of 76,623,941.

 

In accordance with Listing Rule 9.6.2, copies of all the resolutions passed as
special resolutions (resolutions 21 to 24 inclusive) will be 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)

 

A copy of the AGM results as shown above will also be made available on Sage's
website at www.sage.com/investors.

 

END

 

 Name of contact:              Mohor Roy
 Telephone number of contact:  +44(0) 203 810 7200

 

 

 

 

 

 

 

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RAGFZGGZKZGGFZM