REG - STV Group PLC - Result of AGM

STVAnnouncement

27/04/2023 16:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230427:nRSa7629Xa&default-theme=true

RNS Number : 7629X  STV Group PLC  27 April 2023

 

 

 

 STV Group plc

LEI: 21380075GOOTTBDNDJ58

 27 April 2023
 RESULTS OF ANNUAL GENERAL MEETING 2023

 STV Group plc (the 'Company') announces that, at the Annual General Meeting
 held earlier today, resolutions 1 to 14 (inclusive), 16 and 17 were duly
 passed and resolution 15 was not passed by the Company's shareholders on a
 poll.  The results of the poll are shown in the table below.

 Votes 'For' and 'Against' are expressed as a percentage of the total votes
 received.  A 'Vote withheld' is not treated as a vote in law and would not be
 counted in the calculation of the proportion of the votes cast 'For' or
 'Against' a resolution.

 Resolutions 1 to 14 were proposed as Ordinary Resolutions and resolutions 15
 to 17 as Special Resolutions.  The current issued share capital of the
 Company consists of 46,722,499 ordinary shares of 50 pence, carrying one vote
 each.

 The Board notes that resolution 15 was not passed and that more than 20% of
 shareholders voted against four of the other resolutions.  All voting
 outcomes will be discussed through ongoing dialogue with shareholders.

 In accordance with the Listing Rule 9.6.2 copies of the resolutions that do
 not constitute ordinary business at an annual general meeting will be
 submitted to the National Storage Mechanism and will shortly be available for
 inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
 (https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDIsInVyaSI6ImJwMjpjbGljayIsImJ1bGxldGluX2lkIjoiMjAyMDA0MDUuMTk3NzA4MDEiLCJ1cmwiOiJodHRwczovL2RhdGEuZmNhLm9yZy51ay8jL25zbS9uYXRpb25hbHN0b3JhZ2VtZWNoYW5pc20ifQ.b7Q7NXHGRA8MjB_Ugl8Tv4JxhiU28TbcoNb04FTTMiY/br/77057565032-l)

 Copies of announcements are available on the Company's website www.stvplc.tv
 (http://www.stvplc.tv)

 Eileen Malcolmson

 Company Secretary

 27 April 2023

Resolution                                                                                       For                       Against                 Total         Withheld
                                         No. of Votes         % of Vote            No. of Votes  % of Vote  No. of Votes  No. of Votes
 1.To receive the Annual Report and Financial Statements for the year ended 31   40,007,493           99.999%              291           0.001%     40,024,495    16,711
 December 2022
 2.To approve the Directors' Annual Report on Remuneration for the year ended    29,954,115           74.841%              10,069,446    25.159%    40,024,495    934
 31 December 2022

 3.To declare a final dividend of 7.4p per ordinary share in respect of the      40,023,905           100.000%             190           0.000%     40,024,495    400
 year ended 31 December 2022
 4. To re-elect Paul Reynolds as a Director of the Company                       30,416,243           76.026%              9,591,540     23.974%    40,024,495    16,712
 5.To re-elect Simon Pitts as a Director of the Company                          40,023,754           99.999%              341           0.001%     40,024,495    400
 6.To re-elect Lindsay Dixon as a Director of the Company                        40,023,754           99.999%              341           0.001%     40,024,495    400
 7. To re-elect Simon Miller as a Director of the Company                        39,800,823           99.413%              234,840       0.587%     40,036,063    400
 8. To re-elect Ian Steele as a Director of the Company                          39,086,675           97.630%              948,987       2.370%     40,036,063    401
 9.To re-elect David Bergg as a Director of the Company                          40,035,322           99.999%              341           0.001%     40,036,063    400
 10. To re-elect Aki Mandhar as a Director of the Company                        40,023,527           99.999%              568           0.001%     40,024,495    400
 11. To appoint Deloitte LLP as the auditors of the Company                      40,023,421           99.998%              674           0.002%     40,024,495    400
 12. To authorise the Audit and Risk Committee to determine the remuneration of  40,009,932           99.997%              1,028         0.003%     40,024,495    13,535
 the auditors
 13. To authorise the Company to make political donations and incur political    27,942,979           73.529%              10,059,833    26.471%    40,024,495    2,021,683
 expenditure
 14. To authorise the Directors to allot shares                                  30,645,178           76.595%              9,364,378     23.405%    40,024,495    14,939
 15.  To authorise the Directors to disapply statutory pre-emption rights in     29,714,992           74.245%              10,307,699    25.755%    40,024,495    1,804
 respect of 5% of the Company's issued share capital
 16. To permit the Company to purchase its own shares                            37,976,432           99.890%              41,652        0.110%     40,024,495    2,006,411
 17. That the Company be entitled to hold general meetings of the Company on     39,962,784           99.847%              61,311        0.153%     40,024,495    400
 the provision of 14 clear days' notice

 

 

Ends.

 

 

 

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RAGBUGDSBXDDGXR