Result of AGM

Dowlais Group PLC

21 May 2024

 

21 May 2024

DOWLAIS GROUP PLC

Results of 2024 Annual General Meeting

Dowlais Group plc (the "Company") announces that at the Company's 2024 Annual General Meeting held earlier today at the office of Slaughter and May, One Bunhill Row, London, EC1Y 8YY, all the resolutions set out in the Notice of Annual General Meeting 2024 were passed by way of a poll.

A summary of the poll results in respect of each resolution is set out below.

Resolution		Votes for	% for	Votes against	% against	Total votes validly cast	% voted	Votes withheld
1	To receive the Company's Annual Report and Accounts for the year ended 31 December 2023.	947,186,914	100.00	33,130	0.00	947,220,044	68.22%	3,716,382
2	To approve the Directors' Annual Remuneration Report for the year ended 31 December 2023.	900,041,179	94.66	50,757,715	5.34	950,798,894	68.48%	137,532
3	To approve the Directors' Remuneration Policy for the year ended 31 December 2023.	887,847,035	99.36	5,723,411	0.64	893,570,446	64.36%	57,365,980
4	To declare a final dividend of 2.8 pence per ordinary share for the year ended 31 December 2023.	950,894,232	100.00	8,299	0.00	950,902,531	68.49%	33,895
5	To elect Liam Butterworth as a Director.	950,651,429	99.98	185,451	0.02	950,836,880	68.48%	96,380
6	To elect Roberto Fioroni as a Director.	947,347,193	99.63	3,488,897	0.37	950,836,090	68.48%	97,170
7	To elect Simon Mackenzie Smith as a Director.	936,748,432	98.83	11,125,672	1.17	947,874,104	68.27%	3,059,156
8	To elect Celia Baxter as a Director.	942,395,623	99.11	8,430,400	0.89	950,826,023	68.48%	107,237
9	To elect Philip Harrison as a Director	942,473,768	99.12	8,354,911	0.88	950,828,679	68.48%	104,581
10	To elect Shali Vasudeva as a Director.	942,579,325	99.13	8,246,665	0.87	950,825,990	68.48%	107,270
11	To elect Fiona MacAulay as a Director.	938,834,688	98.74	11,982,790	1.26	950,817,478	68.48%	115,782
12	To re-appoint Deloitte LLP as Auditors of the Company.	947,529,676	99.65	3,319,558	0.35	950,849,234	68.48%	87,192
13	To authorise the Audit Committee, acting for an on behalf of the Board, to determine the Auditors' remuneration.	950,591,901	99.98	235,670	0.02	950,827,571	68.48%	105,689
14	To give the Company limited authority to make political donations and expenditure.	929,767,371	98.30	16,099,186	1.70	945,866,557	68.12%	5,066,703
15	To renew the authority given to Directors to allot shares.	945,177,306	99.40	5,723,439	0.60	950,900,745	68.49%	32,515
16	To approve the Company's 2024 Omnibus Share Plan.	946,249,952	99.52	4,559,810	0.48	950,809,762	68.48%	123,498
17	To give the Directors authority to allot equity securities without application of pre-emption rights.	903,981,206	95.23	45,310,696	4.77	949,291,902	68.37%	1,641,358
18	To give the Directors authority to allot equity securities for the purpose of financing an acquisition or other capital investment without application of pre-emption rights.	897,413,895	94.38	53,434,019	5.62	950,847,914	68.48%	85,346
19	To authorise market purchases of shares.	947,604,039	99.67	3,106,951	0.33	950,710,990	68.47%	222,270
20	To approve the calling of a general meeting other than an Annual General Meeting on not less than 14 clear days' notice.	935,230,112	98.35	15,647,487	1.65	950,877,599	68.48%	55,661

Notes:

A vote withheld is not a vote in law and therefore is not counted in the calculation of the proportion of votes validly cast.

As at close of business on 17 May 2024 the number of ordinary shares of 1 penny each in issue was 1,388,466,446.

In accordance with Listing Rule 9.6.2R, a copy of all resolutions passed, other than those concerning ordinary business, will today be submitted to the National Storage Mechanism  https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Enquiries:

John Nicholson

General Counsel and Company Secretary

[phone]

LEI Number: 213800XM8WOFLY6VPC92

 

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