REG - Sage Group PLC - Result of AGM

SageAnnouncement

25/02/2020 15:30

RNS Number : 0977E
  
Sage Group PLC
  
25 February 2020
  
 

RESULTS OF 2020 AGM
 
The Sage Group plc. 
25 February 2020




The Sage Group plc. ("Sage") announces that all resolutions proposed to shareholders at its Annual General Meeting (AGM) held on 25 February 2020 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:
 
 







Resolution


Votes
For


% 


Votes
Against


%


Total votes


% of total voting rights voted


Votes withheld




1.


Receive the Annual Report and Accounts


909,484,401


99.96


364,373


0.04


909,848,774


83.35%


1,433,987




2.


Approve the Directors' Remuneration Report


833,078,963


98.30


14,432,659


1.70


847,511,622


77.64%


63,771,140




3.


Declare a final dividend


910,954,852


100.00


1,382


0.00


910,956,234


83.45%


326,528




4.


Elect Dr J Bates


910,656,699


99.97


284,262


0.03


910,940,961


83.45%


341,801




5.


Elect Mr J Bewes


910,651,496


99.97


288,534


0.03


910,940,030


83.45%


342,732




6.


Elect Ms A Court 


910,741,026


99.98


200,059


0.02


910,941,085


83.45%


341,677




7.


Re-elect Sir D Brydon


882,774,460


97.49


22,686,155


2.51


905,460,615


82.95%


5,822,146




8.


Re-elect Mr D Hall 


890,764,834


98.23


16,096,172


1.77


906,861,006


83.08%


4,421,756




9.


Re-elect Mr S Hare 


902,080,389


99.03


8,860,313


0.97


910,940,702


83.45%


342,060




10.


Re-elect Mr J Howell 


901,675,046


98.98


9,269,805


1.02


910,944,851


83.45%


337,911




11.


Re-elect Ms C Keers


902,275,556


99.05


8,668,564


0.95


910,944,120


83.45%


338,642




12.


Re-appoint the Auditors


910,855,312


100.00


44,745


0.00


910,900,057


83.45%


382,705




13.


Authority to determine the Auditors' remuneration


910,914,059


100.00


32,423


0.00


910,946,482


83.45%


336,280




14.


Political Donations


898,175,449


98.95


9,529,211


1.05


907,704,660


83.16%


3,578,102




15.


Authority to allot new shares


888,362,570


97.52


22,567,521


2.48


910,930,091


83.45%


352,671




16.


General authority to disapply pre-emption rights*


910,742,067


99.99


130,526


0.01


910,872,593


83.45%


410,169




17.


Additional authority to disapply pre-emption rights*


898,409,753


98.64


12,424,131


1.36


910,833,884


83.44%


448,877




18.


Authority to purchase own shares on market* 


906,747,670


99.55


4,136,595


0.45


910,884,265


83.45%


398,496




19.


General meetings to be held on not less than 14 clear days' notice*


863,425,119


95.12


44,298,832


4.88


907,723,951


83.16%


3,558,811



 
 
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 Chairman.
 
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 2020 Notice of Annual General Meeting on Sage's website.
 
7.   At 6.30 pm on 21 February 2020, the total voting rights of Sage was 1,091,568,122. This is based on the issued share capital of 1,120,789,295 ordinary shares reduced by the number of treasury shares of 29,221,173.
 
 
In accordance with the UK Listing Authority's Listing Rule 9.6.2, copies of all the resolutions passed as special resolutions (resolutions 16 to resolutions 19) have been submitted to the UK Listing Authority via the National Storage Mechanism and will be available for inspection at
http://www.morningstar.co.uk/uk/nsm. 
 
A copy of the AGM results as shown above will also be made available on Sage's website.
 
 
END
 
 



Name of contact:


Mohor Roy




Telephone number of contact:


+44(0) 191 294 3457



 
 
 
 


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