REG - Connect Group Plc - Result of AGM

Smiths NewsAnnouncement

31/01/2019 13:20

RNS Number : 7144O
Connect Group PLC
31 January 2019
 


31 January 2019
 
Connect Group PLC
Result of 2019 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 2018


146,541,027


99.98%


32,383


0.02%


11,573




2


To approve the directors' remuneration report for the year ended 31 August 2018


144,131,838


99.71%


424,137


0.29%


2,029,008




3


To elect Jos Opdeweegh


146,318,818


99.84%


238,175


0.16%


27,990




4


To elect Michael Holt


146,319,878


99.84%


232,942


0.16%


32,163




5


To elect Tony Grace


146,203,346


99.76%


348,792


0.24%


32,845




6


To re-elect Gary Kennedy


113,655,684


78.00%


32,059,126


22.00%


870,172




7


To re-elect Jonathan Bunting


146,192,837


99.76%


358,999


0.24%


33,147




8


To re-elect Denise Collis


146,304,866


99.83%


250,989


0.17%


29,128




9


To re-elect Mark Whiteling


146,223,678


99.78%


322,273


0.22%


39,032




10


To re-appoint the auditor


146,074,375


99.74%


383,906


0.26%


126,701




11


To authorise the Audit Committee to determine the auditor's remuneration


146,434,951


99.91%


129,415


0.09%


20,617




12


Authority to make political donations


139,077,737


94.96%


7,389,083


5.04%


118,163




13


Authority to allot shares


121,628,759


83.00%


24,911,086


17.00%


45,138




14


Authority to partially disapply pre-emption rights*


121,598,640


82.98%


24,939,952


17.02%


46,391




15


Authority to disapply pre-emption rights in connection with an acquisition or specified capital investment*


120,232,709


82.25%


25,954,839


17.75%


397,434




16


Authority to make market purchases of ordinary shares*


145,139,807


99.03%


1,419,095


0.97%


26,080




17


Authority to call general meetings (other than the AGM) on 14 clear days' notice*


143,165,082


97.68%


3,403,071


2.32%


16,830



 
* Special resolution
 
The Board acknowledges the number of votes cast by a small number of shareholders against resolution 6 for the re-election of Gary Kennedy, Chairman.  The Board has initiated dialogue with certain interested shareholders in order to better understand their voting decision and will continue to engage with shareholders over the course of the year on this matter.  The Board will take those views into account, where appropriate, in order to ensure good corporate governance principles are maintained and will, pursuant to the 2018 Corporate Governance Code, report in the Company's 2019 Annual Report what steps have been taken by the Board in order to understand shareholders' views in relation to this resolution and what impact any feedback may have on future decisions to be taken by the Board and actions or resolutions proposed.
 
 
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 29 January 2019 was 247,659,200. Votes were cast in respect of 59% 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 
 




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