Result of AGM

RNS Number : 9025E

AO World plc

21 July 2016

 

AO World PLC ("Company")

Result of Annual General Meeting

At the Annual General Meeting (AGM) of AO World plc held earlier today all the resolutions put to the meeting were passed.  Details of the votes cast are shown in the table below.

	Resolution	Votes in favour*		Votes against		Total number of votes cast	Votes Withheld**
		No. of shares	%	No. of shares	%		No. of shares
1	To receive the report and accounts	327,302,053	99.99	42,570	0.01	327,344,623	5,794
2	To approve the Directors' remuneration report	270,074,308	84.29	50,341,028	15.71	320,415,336	6,935,081
3	To elect Geoff Cooper as a Director	327,238,240	99.97	112,176	0.03	327,350,416	1
4	To re-elect John Roberts as a Director	327,343,331	99.99	7,086	0.01	327,350,417	-
5	To re-elect Steve Caunce as a Director	327,343,331	99.99	7,086	0.01	327,350,417	-
6	To elect Mark Higgins as a Director	327,343,331	99.99	7,086	0.01	327,350,417	-
7	To re-elect Brian McBride as a Director	327,314,376	99.99	36,041	0.01	327,350,417	-
8	To re-elect Chris Hopkinson as a Director	269,382,489	82.44	57,360,281	17.56	326,742,770	607,647
9	To re-elect Marisa Cassoni as a Director	327,326,403	99.99	24,014	0.01	327,350,417	-
10	To re-elect Rudolf Lamprecht as a Director	327,295,472	99.99	11,641	0.01	327,307,113	43,304
11	To reappoint KPMG LLP as auditors	327,350,417	100	-	-	327,350,417	-
12	To authorise the Directors to determine the remuneration of the auditors	327,350,417	100	-	-	327,350,417	-
13	To authorise the Directors to allot shares	289,940,208	88.57	37,410,209	11.43	327,350,417	-
14	To disapply pre-emption rights***	324,823,368	99.23	2,527,049	0.77	327,350,417	-
15	To authorise the Company to purchase its own shares***	327,275,532	99.98	74,885	0.02	327,350,417	-
16	To authorise the Company to make political donations	327,312,948	99.99	37,469	0.01	327,350,417	-
17	To authorise the Company to hold general meetings on 14 days' notice***	326,101,151	99.62	1,249,266	0.38	327,350,417	-
18	That the rules of the AO World 2016 Employee Reward Plan (the "Plan") be approved and the Directors be authorised to make modifications and establish further plans based on the Plan.	327,276,850	99.98	67,517	0.02	327,344,367	6,050

*      Includes those votes giving the Chairman discretion

**    A vote 'Withheld' has no legal effect and is not counted in the votes 'For' and 'Against' a resolution

***  Passed as special resolutions

The maximum number of votes cast was 327,350,417 representing 77.7% of the Company's issued share capital of 421,052,631 as at 6pm on 19 July 2016.

In accordance with Listing Rule 9.6.2, copies of all the resolutions passed as special business have been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM 

Enquiries:

AO World plc

Julie Finnemore

Company Secretary

Tel: [phone]

 

END

 

 

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