REG - Sage Group PLC - Result of AGM

SageAnnouncement

01/02/2024 14:00

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RNS Number : 7510B  Sage Group PLC  01 February 2024

RESULTS OF AGM

 

The Sage Group plc. ("Sage")

1 February 2024

Sage announces that all resolutions proposed to shareholders at its Annual
General Meeting held on 1 February 2024 (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                                         821,132,090  100.00%                    8,949       0.00%                          821,141,039                                  80.73                                                            989,933
 2.   Approve the Directors' Remuneration Report                                     805,495,629  98.30%                     13,958,246  1.70%                          819,453,875                                  80.56                                                            2,677,096
 3.   Declare a final dividend                                                       817,117,436  99.42%                     4,801,302   0.58%                          821,918,738                                  80.80                                                            212,233
 4.   Elect Ms R Donnelly                                                            821,519,159  99.97%                     210,348     0.03%                          821,729,507                                  80.79                                                            401,465
 5.   Re-elect Mr A Duff                                                             811,915,688  98.81%                     9,812,752   1.19%                          821,728,440                                  80.79                                                            402,532
 6.   Re-elect Ms S Anand                                                            821,210,650  99.94%                     533,835     0.06%                          821,744,485                                  80.79                                                            386,487
 7.   Re-elect Dr J Bates                                                            821,220,498  99.94%                     520,314     0.06%                          821,740,812                                  80.79                                                            390,160
 8.   Re-elect Mr J Bewes                                                            821,557,736  99.98%                     181,868     0.02%                          821,739,604                                  80.79                                                            391,368
 9.   Re-elect Ms M C Jones                                                          821,597,637  99.98%                     152,435     0.02%                          821,750,072                                  80.79                                                            380,900
 10.  Re-elect Ms A Court                                                            817,409,151  99.47%                     4,345,208   0.53%                          821,754,359                                  80.79                                                            376,613
 11.  Re-elect Mr D Harding                                                          821,350,742  99.95%                     390,284     0.05%                          821,741,026                                  80.79                                                            389,946
 12.  Re-elect Mr S Hare                                                             821,732,904  99.98%                     139,957     0.02%                          821,872,861                                  80.80                                                            258,111
 13.  Re-elect Mr J Howell                                                           820,912,267  99.89%                     931,323     0.11%                          821,843,590                                  80.80                                                            287,382
 14.  Re-appoint the Auditors                                                        818,448,430  99.59%                     3,395,470   0.41%                          821,843,900                                  80.80                                                            287,072
 15.  Authority to determine the Auditors' remuneration                              821,758,697  99.99%                     110,034     0.01%                          821,868,731                                  80.80                                                            262,241
 16.  Political Donations                                                            812,421,272  99.24%                     6,190,106   0.76%                          818,611,378                                  80.48                                                            3,519,594
 17.  Authority to allot new shares                                                  797,101,480  97.00%                     24,665,772  3.00%                          821,767,252                                  80.79                                                            363,719
 18.  To disapply pre-emption rights (general)*                                      732,459,728  89.14%                     89,246,530  10.86%                         821,706,258                                  80.78                                                            424,714
 19.  To disapply pre-emption rights (acquisition or specified capital investment)*  758,118,333  92.55%                     61,047,505  7.45%                          819,165,838                                  80.53                                                            2,965,132
 20.  Authority to purchase own shares on market*                                    818,545,693  99.60%                     3,274,162   0.40%                          821,819,855                                  80.79                                                            311,117
 21.  General meetings to be held on not less than 14 clear days' notice*            785,492,570  95.57%                     36,369,526  4.43%                          821,862,096                                  80.80                                                            268,876

 

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 2024 Annual General Meeting on Sage's website at www.sage.com/investors.

 

7.   At 6.30pm on 30 January 2024, the total voting rights of Sage were
1,017,171,212.  This is based on the issued share capital of 1,086,162,282
ordinary shares reduced by the number of treasury shares of 68,991,070.

 

In accordance with Listing Rule 9.6.2, copies of all the resolutions passed as
special resolutions (resolutions 18 to 21 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

 

 

 

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