REG - Standard Chrtrd PLC - Result of AGM
RNS Number : 4514YStandard Chartered PLC12 May 2021RESULT OF AGM
RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING
Wednesday 12 May 2021
Standard Chartered PLC (the 'Company') announces the result of voting on the resolutions at its Annual General Meeting ('AGM') held on Wednesday 12 May 2021, as set out in the Notice of AGM.
A poll was held on each of the resolutions and was passed by the required majority. Resolutions 1 to 23 were passed as ordinary resolutions. Resolutions 24 to 29 were passed as special resolutions. The results of the poll were as follows:
Resolution
Votes For
%
Votes Against
%
Votes Withheld
Total Votes
% of ISC voted
1. To receive the Company's annual report and accounts for the financial year ended
31 December 2020 together with the reports of the directors and auditors.
609,538,852
99.65
2,142,527
0.35
1,195,862
611,681,379
78.44
2. To declare a final dividend of US$0.09 per ordinary share for the year ended 31 December 2020.
612,093,837
99.88
730,828
0.12
52,576
612,824,665
78.59
3. To approve the annual report on remuneration contained in the Directors' Remuneration Report for the year ended 31 December 2020.
596,685,018
98.59
8,508,938
1.41
7,673,691
605,193,956
77.61
4. To elect Maria Ramos, an independent non-executive director.
612,524,940
99.96
219,617
0.04
132,605
612,744,557
78.58
5. To re-elect David Conner, an independent non-executive director.
612,613,621
99.97
183,713
0.03
80,656
612,797,334
78.59
6. To re-elect Byron Grote, an independent non-executive director.
603,180,974
98.44
9,560,562
1.56
136,844
612,741,536
78.58
7. To re-elect Andy Halford, an executive director.
612,370,639
99.93
432,966
0.07
74,780
612,803,605
78.59
8. To re-elect Christine Hodgson, CBE, an independent non-executive director.
602,835,750
99.54
2,799,162
0.46
7,243,470
605,634,912
77.67
9. To re-elect Gay Huey Evans, OBE, an independent non-executive director.
612,555,113
99.96
235,874
0.04
87,399
612,790,987
78.59
10. To re-elect Naguib Kheraj, an independent non-executive director.
610,168,899
99.57
2,621,935
0.43
87,548
612,790,834
78.59
11. To re-elect Phil Rivett, an independent non-executive director.
610,170,782
99.57
2,613,969
0.43
93,629
612,784,751
78.59
12. To re-elect David Tang, an independent non-executive director.
612,610,005
99.97
178,117
0.03
90,341
612,788,122
78.59
13. To re-elect Carlson Tong, an independent non-executive director.
612,558,604
99.97
173,036
0.03
146,824
612,731,640
78.58
14. To re-elect José Viñals, as Group Chairman.
592,330,407
97.41
15,750,855
2.59
4,797,112
608,081,262
77.98
15. To re-elect Jasmine Whitbread, an independent non-executive director.
610,132,113
99.57
2,659,434
0.43
86,833
612,791,547
78.59
16. To re-elect Bill Winters, CBE, an executive director.
612,509,039
99.97
196,318
0.03
173,029
612,705,357
78.58
17. To re-appoint Ernst & Young LLP as auditor to the Company from the end of the AGM until the end of next year's AGM.
608,043,361
99.22
4,774,589
0.78
60,512
612,817,950
78.59
18. To authorise the Audit Committee, acting for and on
behalf of the Board, to set the remuneration of the auditor.
612,492,490
99.95
325,492
0.05
60,479
612,817,982
78.59
19. To authorise the Company and its subsidiaries to make political donations and incur political expenditure within the limits prescribed in the resolution.
607,091,493
99.07
5,694,204
0.93
92,231
612,785,697
78.59
20. To approve the 2021 Standard Chartered Share Plan and authorise the Board to do
anything it considers necessary or desirable for its implementation and operation.
604,960,923
98.72
7,867,553
1.28
49,905
612,828,476
78.59
21. To authorise the Board to allot ordinary shares.
594,777,133
97.09
17,853,650
2.91
247,594
612,630,783
78.57
22. To extend the authority to allot shares granted pursuant to resolution 21 by such number
of shares repurchased by the Company under the authority granted pursuant to resolution 27.
595,583,468
97.47
15,428,068
2.53
1,866,846
611,011,536
78.36
23. To authorise the Board to allot shares and grant rights
to subscribe for or to convert any security into shares in relation to any issue by the Company of Equity Convertible Additional Tier 1 Securities.
604,261,847
98.90
6,738,696
1.10
1,877,840
611,000,543
78.36
24. To authorise the Board to disapply pre-emption rights in relation to the authority granted pursuant to resolution 21.
606,899,574
99.33
4,082,895
0.67
1,895,914
610,982,469
78.36
25. In addition to the authority granted pursuant to resolution 24, to authorise the Board to
disapply pre-emption rights in relation to the authority
granted pursuant to resolution 21 for the purposes of acquisitions and other capital investments.
597,553,370
97.80
13,467,720
2.20
1,857,291
611,021,090
78.36
26. In addition to the authorities granted pursuant to resolutions 24 and 25, to authorise the
Board to disapply pre-emption rights in relation to the
authority granted, in respect of Equity Convertible Additional Tier 1 Securities, pursuant to resolution 23.
600,953,095
98.35
10,054,442
1.65
1,870,747
611,007,537
78.36
27. To authorise the Company to purchase its own ordinary shares.
605,114,743
98.95
6,432,167
1.05
1,330,051
611,546,910
78.43
28. To authorise the Company to purchase its own preference shares.
610,465,766
99.82
1,081,957
0.18
1,330,735
611,547,723
78.43
29. To enable the Company to call a general meeting other than an Annual General Meeting on no less than 14 clear days' notice.
583,487,507
95.22
29,310,852
4.78
76,146
612,798,359
78.59
As at the date of the AGM, the number of issued ordinary shares of the Company was 3,119,033,863, which was the total number of shares entitling the holders to attend and vote for or against all resolutions. There was no share entitling the holder to attend and abstain from voting in favour of any of the resolutions as set out in rule 13.40 of the Hong Kong Listing Rules. In accordance with the Company's Articles of Association, on a poll every member has one vote for every four shares held, therefore the total number of voting rights was 779,758,465. Votes withheld are not votes in law and have not been counted in the calculation of the proportion of votes 'for' or 'against' a resolution. Proxy appointments which gave discretion to the Chairman have been included in the 'for' total.
There were no restrictions on any shareholders casting votes on any of the resolutions proposed at the AGM, save resolution 21. Directors (excluding independent non-executive directors) and their respective associates were required to abstain, and have abstained, from resolution 21 which affected a total of 719,266 voting rights. The scrutineer of the poll was Computershare Investor Services PLC, the Company's Share Registrar.
Copies of resolutions put to shareholders at the AGM today will be submitted to the UK Listing Authority and will shortly be available for inspection at the UK Listing Authority's National Storage Mechanism, which can be accessed at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
For further information, please contact:
Julie Gibson
Global Head, Media Relations
1 Basinghall Avenue
London
EC2V 5DD
+44 2078852434
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