Result of AGM

RNS Number : 2772Y

Costain Group PLC

07 May 2019

 

Costain Group PLC

(the "Company")

Results of 2019 AGM

At the Company's Annual General Meeting held on 7 May 2019 (the "AGM"), the resolutions set out in the Notice of Meeting, circulated to shareholders on 22 March 2019, were passed by the requisite majorities. Resolutions 1 to 14 were passed as ordinary resolutions and Resolutions 15 to 19 were passed as special resolutions.

As at 6.30pm on 3 May 2019, the number of issued shares in the Company was 107,701,598 ordinary shares, which was the total number of shares entitling the holders to attend and vote for or against all the resolutions at the AGM. In accordance with the Company's Articles of Association, the resolutions were put to the meeting on a poll in which every member present in person or by proxy had one vote for every share held.

The poll results, on which Equiniti, the Company's registrar, acted as scrutineer, are as follows:

RESOLUTION	NUMBER OF VOTES FOR	% of Votes Cast	NUMBER OF VOTES AGAINST	% of Votes Cast	TOTAL VOTES CAST	% of Voting Capital	NUMBER OF VOTES WITHHELD
Resolution 1 Receive the 2018 Annual Report and Accounts	76,529,551	100.00	3,170	0.00	76,532,721	71.06%	391,404
Resolution 2 Approve the Directors' Remuneration Report	73,020,938	99.73	201,243	0.27	73,222,181	67.99%	3,701,942
Resolution 3 Declare the 2018 final dividend	76,918,553	100.00	3,167	0.00	76,921,720	71.42%	2,405
Resolution 4 Re-elect Dr Paul Golby	76,548,780	99.53	358,280	0.47	76,907,060	71.41%	17,064
Resolution 5 Re-elect Mr Anthony Bickerstaff	76,734,850	99.77	173,339	0.23	76,908,189	71.41%	15,936
Resolution 6 Re-elect Ms Jane Lodge	69,336,742	94.25	4,230,273	5.75	73,567,015	68.31%	3,357,109
Resolution 7 Re-elect Ms Alison Wood	73,348,281	99.70	218,562	0.30	73,566,843	68.31%	3,357,281
Resolution 8 Re-elect Mr David McManus	76,324,746	99.24	585,989	0.76	76,910,735	71.41%	13,390
Resolution 9 Re-elect Ms Jacqueline de Rojas	76,697,748	99.72	212,672	0.28	76,910,420	71.41%	13,705
Resolution 10 Re-appoint PwC as auditor	76,772,468	99.93	57,224	0.07	76,829,692	71.34%	94,433
Resolution 11 Authorise the auditor's remuneration	76,870,496	99.96	32,004	0.04	76,902,500	71.40%	21,625
Resolution 12 Authorise political donations	73,645,578	95.78	3,245,379	4.22	76,890,957	71.39%	33,168
Resolution 13 Authorise the allotment of shares	76,442,492	99.39	469,593	0.61	76,912,085	71.41%	12,040
Resolution 14 Approve the renewal of Scrip Dividend Scheme	76,890,879	99.97	23,977	0.03	76,914,856	71.41%	9,269
Resolution 15 Approve the disapplication of pre-emption rights (general)	76,736,561	99.81	144,645	0.19	76,881,206	71.38%	42,899
Resolution 16 Approve the disapplication of pre-emption rights (acquisition or capital investment)	75,538,427	98.25	1,343,554	1.75	76,881,981	71.38%	42,123
Resolution 17 Authorise the purchase of own shares	76,373,812	99.46	413,029	0.54	76,786,841	71.30%	137,283
Resolution 18 Adopt new Articles of Association	76,446,654	99.95	35,659	0.05	76,482,313	71.01%	441,790
Resolution 19 Approve the holding of General Meetings (not AGMs) on 14 clear days' notice	75,882,472	98.66	1,031,107	1.34	76,913,579	71.41%	10,546

Notes:

1.   There were no restrictions on shareholders to cast votes on any of the resolutions proposed at the AGM.

2.   Percentages are expressed as a proportion of the total votes cast (which does not include votes withheld).

3.   A vote withheld is not a vote in law and is not included in the calculation of the votes 'For' or 'Against' the resolutions, nor the total votes cast.

4.   Any proxy appointments which gave discretion to the Chairman have been included in the 'For' totals.

In accordance with Listing Rule 9.6.2R, copies of all resolutions passed at the AGM today, other than those concerning ordinary business, will be submitted to the National Storage Mechanism, where they will shortly be available for inspection at www.morningstar.co.uk/uk/nsm.aspx. In addition, copies of these resolutions will also be filed with Companies House.

The results of the 2019 AGM will be available to view on the Company's website at www.Costain.com.

                                                                                                                                          7 May 2019

ENQUIRIES:

Costain Group PLC	Tel: [phone]
Tracey Wood Company Secretary
Instinctif Partners	Tel: [phone]
Mark Garraway
James Gray

 

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