Result of AGM

RNS Number : 9961L
abrdn PLC
18 May 2022
 

abrdn plc

Results of Annual General Meeting

 

 

 

The Board of abrdn plc ('the Company') is pleased to announce that all the resolutions put to its Annual General Meeting held earlier today, Wednesday 18 May 2022, were duly passed.

 

The results of the polls were as follows:

 


For

% For

Against

 

Total Votes Validly Cast

Votes Withheld

Resolution 1:

To receive and consider the Annual report and accounts 2021

1,036,764,601

99.03

10,199,242

1,046,963,843

10,446,606

Resolution 2:

To declare a final dividend for 2021

1,040,230,069

98.41

16,832,845

1,057,062,914

347,535

Resolution 3:

To re-appoint KPMG LLP as auditors

1,036,692,688

98.16

19,435,555

1,056,128,243

1,282,206

Resolution 4:

To authorise the audit committee to set the auditors' fees

1,044,968,402

98.93

11,253,638

1,056,222,040

1,188,409

Resolution 5:

To approve the Directors' remuneration report

1,009,839,204

96.23

39,512,722

1,049,351,926

8,058,523

Resolution 6A:

To re-elect Sir Douglas Flint CBE as a Director

1,016,087,065

96.91

32,372,391

1,048,459,456

8,950,993

Resolution 6B:

To re-elect Jonathan Asquith as a Director

1,012,399,530

96.86

32,816,563

1,045,216,093

12,193,761

Resolution 6C:

To re-elect Stephen Bird as a Director

1,039,954,796

98.53

15,531,199

1,055,485,995

1,924,454

Resolution 6D:

To re-elect Stephanie Bruce as a Director

1,039,597,827

98.49

15,911,756

1,055,509,583

1,896,434

Resolution 6E:

To re-elect John Devine as a Director

1,025,920,748

97.21

29,468,630

1,055,389,378

2,004,804

Resolution 6F:

To re-elect Brian McBride as a Director

881,815,001

83.55

173,590,503

1,055,405,504

1,995,158

Resolution 6G:

To re-elect Cathleen Raffaeli as a Director

1,038,716,710

98.41

16,793,483

1,055,510,193

1,897,913

Resolution 6H:

To re-elect Cecilia Reyes as a Director

1,038,627,939

98.40

16,895,229

1,055,523,168

1,887,263

Resolution 7A:

To elect Catherine Bradley CBE as a Director

889,145,502

84.25

166,215,240

1,055,360,742

2,024,740

Resolution 7B:

To elect Hannah Grove as a Director

1,049,255,061

99.43

6,014,095

1,055,269,156

2,138,932

Resolution 7C:

To elect Pam Kaur as a Director, with effect from 1 June 2022

1,035,603,009

98.14

19,624,226

1,055,227,235

2,180,871

Resolution 7D:

To elect Michael O'Brien as a Director, with effect from 1 June 2022

1,040,218,373

98.58

15,000,414

1,055,218,787

2,190,070

Resolution 8:

To provide limited authority to the Company and its subsidiaries to make political donations and to incur political expenditure

1,029,566,404

97.59

25,432,251

1,054,998,655

2,411,199

Resolution 9:

To authorise the Directors to issue further shares

854,012,310

80.88

201,920,042

1,055,932,352

1,478,097

Resolution 10 (Special):

To disapply share pre-emption rights

870,176,413

83.00

178,267,190

1,048,443,603

8,966,672

Resolution 11 (Special):

To give authority for the Company to buy back up to 10% of its issued ordinary shares

1,035,051,451

98.03

20,782,942

1,055,834,393

1,573,713

Resolution 12:

To authorise the Directors to allot shares in relation to the issuance of Convertible Bonds

867,715,396

82.73

181,170,324

1,048,885,720

8,524,134

Resolution 13 (Special):

To disapply pre-emption rights in respect of allotments of equity securities in relation to the issuance of Convertible Bonds

859,330,096

81.99

188,796,669

1,048,126,765

9,283,089

Resolution 14 (Special):

To allow the Company to call general meetings on 14 days' notice

995,983,935

94.29

60,328,733

1,056,312,668

1,097,353

Resolution 15 (Special):

To cancel the capital redemption reserve

1,041,964,619

98.83

12,299,127

1,054,263,746

3,145,111

 

 

Other matters

 

As previously announced, we confirm that Martin Pike and Jutta af Rosenborg did not seek re-election, and retired from the Board at the conclusion of the meeting.

 

John Devine has been appointed Chair of the Risk & Capital Committee and Catherine Bradley has been appointed Chair of the Audit Committee and member of the Nomination & Governance Committee with effect from 18 May 2022.

 

We also confirm that Resolution 15, relating to the cancellation of the Company's capital redemption reserve (the "Cancellation"), was passed as a special resolution.  As explained in the AGM Guide, the Cancellation, which was proposed as a matter of balance sheet management and in order to create distributable reserves, remains subject to the confirmation of the Court of Session in Edinburgh.

 

The total number of shares in issue at 6pm on Tuesday 17 May 2022 was 2,180,725,768 ordinary shares of 1361/63pence each.

 

Votes withheld are not a vote in law and have not been counted in the calculation of the votes for and against each resolution, the total votes validly cast or the calculation of the proportion of issued share capital voted.

 

Copies of all resolutions are available for inspection in the AGM Guide previously submitted to the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

In accordance with Listing Rule 9.6.2, copies of the resolutions that do not constitute ordinary business at an annual general meeting will also be submitted to the National Storage Mechanism and available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

The AGM Guide and the voting results are also available on the abrdn plc website at www.abrdn.com

 

 

18 May 2022

 

Enquiries:

Group Secretariat

Paul McKenna

 

+44 (0) 131 372 0703*

 



Media Relations

Andrea Ward

 

 

+44 (0) 7876 178 696

 

 


Investor Relations

Catherine Nash

 

 

+44 (0) 7798 518 657

 

 

* Calls may be monitored and/or recorded to protect both you and us and help with our training.  Call charges will vary.

 

LEI: OTMBS544NMO7GLCE7H90

Classification: 3.1. Additional regulated information required to be disclosed under the laws of the United Kingdom

 

END

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 or visit 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.
 
END
 
 
RAGBKFBKPBKDCPD

Companies

Abrdn (ABDN)
UK 100

Latest directors dealings