REG - Speedy Hire PLC - Result of AGM

Speedy HireAnnouncement

09/09/2021 17:20

RNS Number : 3283L
  
Speedy Hire PLC
  
09 September 2021
  
 

Speedy Hire Plc
9 September 2021
 
 
Speedy Hire Plc ("Company")
Resolutions passed at Annual General Meeting - 9 September 2021
 
 
At the Annual General Meeting of the Company held on 9 September 2021 at the offices of Addleshaw Goddard LLP at One St Peter's Square, Manchester M2 3DE, all resolutions were passed on a show of hands. 
 
The following is a summary of the Forms of Proxy received prior to the time of the Annual General Meeting by the Registrars, appointing the Chairman of the Annual General Meeting as proxy:
 



No


Resolution


For*


Against


Withheld**












No. of Votes


% of Vote


No. of Votes


% of Vote


No. of Votes




1


To receive and adopt the annual accounts for the financial year ended 31 March 2021 together with the
reports of the Directors and auditors (ordinary). 


417,975,373


99.98%


79,986


0.02%


121,494




2


To approve the Directors' Remuneration Report for the financial year ended 31 March 2021 (ordinary). 


299,292,417


78.64%


81,308,422


21.36%


37,576,014




3


To declare a final dividend of 1.40 pence per share in respect of the year ended 31 March 2021 (ordinary). 


418,113,853


100.00%


3,000


0.00%


60,000




4


To elect James Bunn as a Director of the Company (ordinary). 


418,008,291


99.96%


149,958


0.04%


18,604




5


To elect Shatish Dasani as a Director of the Company (ordinary). 


418,063,847


99.98%


94,402


0.02%


18,604




6


To elect Carol Kavanagh as a Director of the Company (ordinary).


417,982,013


99.96%


176,236


0.04%


18,604




7


To re-elect David Shearer as a Director of the Company (ordinary). 


397,364,565


95.03%


20,793,684


4.97%


18,604




8


To re-elect Russell Down as a Director of the Company (ordinary). 


418,064,534


99.98%


95,567


0.02%


16,752




9


To re-elect David Garman as a Director of the Company (ordinary). 


411,054,651


98.30%


7,103,598


1.70%


18,604




10


To re-elect Rob Barclay as a Director of the Company (ordinary). 


401,350,024


95.98%


16,823,225


4.02%


3,604




11


To re-elect Rhian Bartlett as a Director of the Company (ordinary). 


411,050,622


98.30%


7,093,317


1.70%


32,914




12


To appoint KPMG LLP as Auditors (ordinary). 


415,802,912


99.45%


2,304,089


0.55%


69,852




13


To authorise the Directors to determine the remuneration of KPMG LLP (ordinary). 


417,871,159


99.93%


283,654


0.07%


22,040




14


To authorise the Directors to allot shares (ordinary). 


413,621,478


98.92%


4,504,448


1.08%


50,927




15


To authorise the Directors to allot securities free from pre-emption rights, subject to certain specified
limitations (special). 


417,955,312


99.96%


183,714


0.04%


37,827




16


To disapply statutory pre-emption rights in relation to acquisitions or other capital investments (special). 


412,427,108


98.63%


5,737,073


1.37%


12,672




17


To authorise the Company to make market purchases of its own shares (special). 


416,026,923


99.53%


1,960,650


0.47%


189,280




18


To authorise the calling of general meetings on not less than 14 days' notice (special). 


417,181,378


99.77%


968,733


0.23%


26,742




19


To permit the Company to make political donations (ordinary). 


394,791,553


94.42%


23,352,126


5.58%


33,174



 
* The votes of any proxy giving the Chairman discretion how to vote have been included in the votes For a resolution.
** A vote withheld is not a vote in law and is not counted in the calculation of percentages of votes cast For and Against a resolution.
N.B. Percentage figures are rounded to 2 decimal places.
 
The Board notes that, while all of the resolutions at today's Annual General Meeting were passed with the requisite majority, Resolution 2 (Approval of the Remuneration Report) passed with 78.64% of votes in favour.
 
Following recent engagement on our Remuneration Report with our major shareholders, we would like to thank those who discussed their views with us. FY2021 was an exceptional year due to the Covid-19 pandemic which resulted in some challenging circumstances for the Remuneration Committee to consider. We were reassured that a good majority of shareholders were supportive of the decisions taken. That said, we acknowledge that some shareholders did not agree. 
 
Following the AGM, the Remuneration Committee will continue to engage with our major shareholders to fully understand their concerns. We will publish an update on our engagement within six months of the AGM, in accordance with the UK Corporate Governance Code.
 
As at the date of the AGM, the number of issued shares of the Company was 528,509,631.
 
In accordance with Listing Rule 9.6.2, copies of all the resolutions passed as special business at the Annual General Meeting will shortly be available for inspection at the National Storage Mechanism which can be accessed at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. 
 
 
 
Neil Hunt
Company Secretary
 
 

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