REG - Connect Group Plc - Result of AGM <Origin Href="QuoteRef">CNCTC.L</Origin>

Smiths NewsAnnouncement

23/01/2018 14:00

RNS Number : 6916C
Connect Group PLC
23 January 2018
23 January 2018
Connect Group PLC
Result of 2018 Annual General Meeting
Connect Group PLC is pleased to announce that at its AGM held at 11.30am today, all resolutions put to the meeting were duly passed. All resolutions were voted on by way of a poll and the results of the poll for each resolution are shown below:
Resolution
For
Against
Withheld
No. of votes
%
No. of votes
%
No. of votes
1
To receive the Annual Report and Accounts for the year ended 31 August 2017
167,115,903
99.99%
1,609
0.01%
4,491
2
To approve the directors' remuneration report for the year ended 31 August 2017
159,516,228
95.79%
7,009,953
4.21%
595,822
3
To declare a final dividend of 6.7p per share
167,116,555
100.00%
860
0.00%
4,588
4 
To elect Mark Whiteling
166,824,178
99.84%
267,959
0.16%
29,866
5
To re-elect Gary Kennedy
166,742,901
99.79%
357,252
0.21%
21,849
6
To re-elect Mark Cashmore
166,802,634
99.82%
297,062
0.18%
22,307
7
To re-elect David Bauernfeind
166,788,637
99.81%
311,059
0.19%
22,307
8
To re-elect Jonathan Bunting
166,804,074
99.82%
296,109
0.18%
21,820
9
To re-elect Denise Collis
165,299,613
98.92%
1,804,399
1.08%
17,991
10
To re-appoint the auditor
166,797,854
99.82%
296,330
0.18%
27,818
11
To authorise the Audit Committee to determine the auditor's remuneration
167,037,955
99.96%
67,885
0.04%
16,163
12
Authority to make political donations
164,600,052
98.53%
2,463,977
1.47%
57,974
13
Authority to allot shares
141,811,737
84.87%
25,286,144
15.13%
24,122
14
Authority to partially disapply pre-emption rights*
139,963,935
83.79%
27,079,158
16.21%
78,910
15
Authority to disapply pre-emption rights in connection with an acquisition or specified capital investment*
141,405,092
84.65%
25,637,028
15.35%
79,882
16
Authority to make market purchases of ordinary shares*
166,729,420
99.77%
379,981
0.23%
12,601
17
Authority to call general meetings (other than the AGM) on 14 clear days' notice*
163,648,150
97.96%
3,413,037
2.04%
60,816
* Special resolution
Recognising proposed changes to the Corporate Governance Code (announced after the publication of the Annual Report and Accounts), developing market practice and following feedback from one of our major institutional shareholders, the Board has determined that future LTIP awards for Executive Directors will have a two year post-vesting holding period (of the net of tax number of shares). The resultant five-year timeframe between the grant of an LTIP award and the first opportunity to sell the vested shares will better align the long term interests of shareholders with the interests of the Executive Directors and provide a focus on longer-term outcomes.
Notes:
1. Where shareholders appointed the Chairman as their proxy with discretion as to voting, their votes were cast in favour of the resolutions and have been included in the "For" total.
2. A "vote withheld" is not a vote in law and is not counted in the calculation of the percentages of the votes cast for and against a resolution.
3. The total number of shares in issue at 6.30pm on 19 January 2018 was 247,659,200. Votes were cast in respect of 67% of the issued share capital.
In accordance with the UK Listing Authority's Listing Rule 9.6.2, a copy of the special business passed at the AGM, being resolutions 12 to 17, has been submitted to the National Storage Mechanism at www.morningstar.co.uk/uk/NSM.
Adele Duff
Deputy Company Secretary

This information is provided by RNS
The company news service from the London Stock Exchange
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