Ten Entertainment - Result of AGM
04/05/2022 14:27
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RNS Number : 3345K Ten Entertainment Group PLC 04 May 2022
4 May 2022
Ten Entertainment Group plc
(the "Company")
Results of the Annual General Meeting ("AGM")
ALL RESOLUTIONS PASSED
At the Company AGM held earlier today, the board is pleased to confirm all
resolutions were duly passed by shareholders. The following table sets out a
breakdown of voting results.
Full details of the poll results are set out below and will also be available
on the Company's website www.tegplc.co.uk (http://www.tegplc.co.uk)
No Resolution Votes For % Votes Against % Total Votes Cast % of ISC Voted Votes Withheld Independent Votes For %
1 To receive the Directors' report and accounts for the Company for the year 61,508,971 98.32% 1,050,650 1.68% 62,559,621 91.53% 0
ended 26 December 2021
2 To approve the Directors' Remuneration Report for the year ended 26 December 51,974,834 83.08% 10,584,787 16.92% 62,559,621 91.53% 0
2021, excluding the Directors' Remuneration Policy, set out in the Annual
Report
3 To elect Adam Bellamy as a Director 61,298,068 97.99% 1,260,553 2.01% 62,558,621 91.53% 1,000 50,602,841 97.57%
4 To re-elect Graham Blackwell as a Director 54,671,229 88.88% 6,837,392 11.12% 61,508,621 89.99% 1,051,000
5 To elect Antony Smith as a Director 54,671,229 88.88% 6,837,392 11.12% 61,508,621 89.99% 1,051,000
6 To elect Laura May as a Director 62,552,059 99.99% 7,562 0.01% 62,559,621 91.53% 0 51,856,832 99.99%
7 To re-elect Christopher Mills as a Director 44,844,394 75.89% 14,250,309 24.11% 59,094,703 86.46% 3,464,918
8 To re-elect Julie Sneddon as a Director 53,833,551 86.05% 8,726,070 13.95% 62,559,621 91.53% 0 43,138,324 83.18%
9 To re-appoint PricewaterhouseCoopers LLP as auditors of the Company to hold 61,504,544 98.31% 1,055,077 1.69% 62,559,621 91.53% 0
office from the conclusion of this Annual General Meeting until the conclusion
of the next Annual General Meeting at which accounts are laid before the
Company
10 To authorise the Directors to fix the remuneration of the auditors 62,553,794 99.99% 5,827 0.01% 62,559,621 91.53% 0
11 To authorise the Directors to allot relevant securities 55,462,260 88.66% 7,094,565 11.34% 62,556,825 91.53% 2,796
12 To authorise the Directors to disapply pre-emption rights up to an aggregate 54,422,171 88.48% 7,084,654 11.52% 61,506,825 89.99% 1,052,796
nominal amount of £34,183
13 To authorise the Company to make market purchases of its own ordinary shares 61,500,875 98.31% 1,058,746 1.69% 62,509,621 91.53% 0
14 To authorise the Directors to call a general meeting other than an annual 62,370,650 99.70% 188,971 0.30% 62,559,621 91.53% 0
general meeting on not less than 14 clear days' notice
Notes:
1. Any proxy arrangement which gave discretion to the Chairman has
been included in the "for" totals.
2. A "Vote withheld" is not a vote in law and is not counted in the
calculation of the percentage of shares 'For' or 'Against' any resolution. In
accordance with Listing Rule 9.2.2, the votes of the shareholders and the
independent shareholders are set out separately in the above table.
3. The number of shares in issue at 12.15pm on 2 May 2022 was
68,376,784 (the "Share Capital"). The Company does not hold any shares in
treasury.
Resolution 7
The re-election of Christopher Mills received votes in favour of over 75%.
Mr Mills has maintained a 100% attendance record at Board meetings since the
IPO in 2017. The Board considers that Mr Mills' very broad experience and
expertise helps ensure that the interests of the shareholders are considered
appropriately in all decision making.
The Board is currently in the process of recruiting a further Independent
Non-Executive Director to bring the Board independence level to 57%, or 50%
excluding the Chairman in line with the UK Corporate Governance Code. The
Board had previously delayed the recruitment of this position due to the
impact of the Covid-19 pandemic. With the business having successfully
reopened and returned to a strong balance sheet position, an additional
Independent Non-Executive Director will be appointed during 2022.
In accordance with Listing Rule 9.6.2, copies of resolutions passed at the
Annual General Meeting concerning items other than ordinary business will
shortly be available for inspection on the National Storage Mechanism which
can be accessed at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)
Enquiries:
Ten Entertainment Group plc via Instinctif Partners
Graham Blackwell, Chief Executive Officer
Antony Smith, Chief Financial Officer
Instinctif Partners
Tel: 020 7457 2020
Matthew Smallwood
Penny Bainbridge
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