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Technology
Size
Large Cap
Market Cap £6.17bn
Enterprise Value £6.56bn
Revenue £1.94bn
Position in Universe 113th / 1834

Sage Group PLC - Result of AGM

Tue 25th February, 2020 3:29pm
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

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

 

 

 

 


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 or visit www.rns.com.
 
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