Result of AGM

RNS Number : 3208Z

Balfour Beatty PLC

16 May 2019

 

Balfour Beatty plc (the 'Company')

AGM Results

16 May 2019

Balfour Beatty plc announces that, at its Annual General Meeting ('AGM') held on 16 May 2019, the resolutions set out in the Notice of AGM dated 4 April 2019 were passed following a poll on each resolution.

Resolutions 1 to 15 were passed as Ordinary Resolutions and Resolutions 16 to 18 were passed as Special Resolutions. The table below details votes cast on each resolution.

	Votes For	%	Votes Against	%	Votes Total	% of ISC Voted	Votes Withheld
Resolution 1: To adopt the Directors' Report and Accounts for the year ended 31 December 2018	517,500,503	100	15,703	0	517,516,206	75.03	10,181,685
Resolution 2: To approve the Directors' Remuneration Report for the year ended 31 December 2018	488,810,486	92.85	37,630,213	7.15	526,440,699	76.32	1,257,192
Resolution 3: To declare a final dividend on the ordinary shares of the Company	527,681,693	100	3,340	0.00	527,685,033	76.50	12,858
Resolution 4: To re-elect Mr P S Aiken AM as a Director	444,196,634	90.90	44,449,140	9.10	488,645,774	70.84	39,049,975
Resolution 5: To re-elect Dr S R Billingham as a Director	496,016,984	94.00	31,638,820	6.00	527,655,804	76.50	39,945
Resolution 6: To re-elect Mr S J Doughty CMG as a Director	522,851,092	99.09	4,799,207	0.91	527,650,299	76.50	45,450
Resolution 7: To re-elect Mr P J Harrison as a Director	525,299,014	99.55	2,362,773	0.45	527,661,787	76.50	33,962
Resolution 8: To re-elect Mr M A Lucki as a Director	525,628,248	99.62	2,022,904	0.38	527,651,152	76.50	44,597
Resolution 9: To elect Ms B J Moorhouse as a Director	525,655,197	99.62	2,000,607	0.38	527,655,804	76.50	39,945
Resolution 10: To elect Mr L M Quinn as a Director	516,007,796	97.80	11,633,814	2.20	527,641,610	76.50	56,281
Resolution 11: To elect Miss Anne Drinkwater as a Director	525,640,859	99.62	2,012,372	0.38	527,653,231	76.50	42,518
Resolution 12: To reappoint KPMG LLP as auditor	527,588,374	99.99	77,644	0.01	527,666,018	76.50	31,873
Resolution 13: To authorise the Audit and Risk Committee of the Board to determine the remuneration of the auditor	527,625,780	99.99	44,590	0.01	527,670,370	76.50	27,521
Resolution 14: To authorise the Company and its UK subsidiaries to incur political expenditure	518,185,628	98.20	9,482,057	1.80	527,667,685	76.50	30,206
Resolution 15: To authorise the Directors to allot shares	509,718,650	96.60	17,952,097	3.40	527,670,747	76.50	27,144
Resolution 16*: To authorise the Directors to allot shares for cash on a non pre-emptive basis	515,199,226	97.64	12,441,680	2.36	527,640,906	76.50	56,985
Resolution 17*: To renew the authority for the Company to purchase its own ordinary and preference shares	495,990,660	94.59	28,363,883	5.41	524,354,543	76.02	3,343,348
Resolution 18*: To authorise the Company to hold meetings, other than an Annual General Meeting, on 14 clear days' notice	508,217,021	96.32	19,432,354	3.68	527,649,375	76.50	48,516

* Special Resolution

Notes:

1.    The percentages above are rounded to two decimal places.

2.    A vote withheld is not a vote in law and is not counted in the calculation of votes 'For' and 'Against' a resolution.

3.    The total number of Ordinary Shares of 50p each in the Company in issue at close of business on 14 May 2019 was 689,739,619, each carrying one vote.

In accordance with Listing Rule 9.6.2R, copies of each of Resolutions 14 to 18 will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.

Balfour Beatty plc's Legal Entity Identifier is CT4UIJ3TUKGYYHMENQ17.

 

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