Result of AGM

RNS Number : 5863F

Evraz Plc

18 June 2012

 



EVRAZ plc (the 'Company')

Results of the Annual General Meeting

The Annual General Meeting (the 'Meeting') of the Company was held on Monday 18 June 2012 at 11.00am.  At the Meeting, the ordinary and special resolutions set out in the notice of the Meeting were proposed and passed by way of a poll.  Resolutions 18, 19, 20 and 21 were passed as special resolutions.

The poll voting figures are shown below.

No.	Resolution
1	To receive the report of the Directors and the Accounts for the year ended 31 December 2011
	Votes for		1,101,829,377							99.92% of votes cast
	Votes against		851,097							0.08% of votes cast
	Votes withheld		517,589
	Total votes as % of issued share capital ("ISC")			82.29%
2	To declare a final dividend of US$0.17 per ordinary share in respect of the year ended 31 December 2011
	Votes for		1,102,680,474							100% of votes cast
	Votes against		0							0% of votes cast
	Votes withheld		517,589
	Total votes as % of ISC			82.29%
3	To approve the Directors' Remuneration Report for the year ended 31 December 2011
	Votes for		1,071,353,172							98.69% of votes cast
	Votes against		14,166,679							1.31% of votes cast
	Votes withheld		17,678,212
	Total votes as % of ISC			81.01%
4	To elect Alexander Abramov as a Director of the Company
	Votes for		1,098,859,241							99.67% of votes cast
	Votes against		3,690,983							0.33% of votes cast
	Votes withheld		647,839
	Total votes as % of ISC			82.28%
5	To elect Duncan Antony Hilder Baxter as a Director of the Company
	Votes for		1,101,354,834							99.94% of votes cast
	Votes against		688,260							0.06% of votes cast
	Votes withheld		1,154,969
	Total votes as % of ISC			82.25%
6	To elect Alexander Frolov as a Director of the Company
	Votes for		1,102,450,219							99.98% of votes cast
	Votes against		230,255							0.02% of votes cast
	Votes withheld		517,589
	Total votes as % of ISC			82.29%
7	To elect Karl Gruber as a Director of the Company
	Votes for		1,102,506,746							99.98% of votes cast
	Votes against		173,478							0.02% of votes cast
	Votes withheld		517,839
	Total votes as % of ISC			82.29%
8	To elect Alexander Izosimov as a Director of the Company
	Votes for		1,102,506,746							99.98% of votes cast
	Votes against		173,728							0.02% of votes cast
	Votes withheld		517,589
	Total votes as % of ISC			82.29%
9	To elect Sir Michael Peat as a Director of the Company
	Votes for		1,102,272,001							99.96% of votes cast
	Votes against		408,473							0.04% of votes cast
	Votes withheld		517,589
	Total votes as % of ISC			82.29%
10	To elect Olga Pokrovskaya as a Director of the Company
	Votes for		1,057,318,565							95.93% of votes cast
	Votes against		44,854,529							4.07% of votes cast
	Votes withheld		1,024,969
	Total votes as % of ISC			82.26%
11	To elect Terry John Robinson as a Director of the Company
	Votes for		1,101,354,834							99.94% of votes cast
	Votes against		688,260							0.06% of votes cast
	Votes withheld		1,154,969
	Total votes as % of ISC			82.25%
12	To elect Eugene Shvidler as a Director of the Company
	Votes for		1,100,567,013							99.81% of votes cast
	Votes against		2,113,211							0.19% of votes cast
	Votes withheld		517,839
	Total votes as % of ISC			82.29%
13	To elect Eugene Tenenbaum as a Director of the Company
	Votes for		1,063,908,898							96.60% of votes cast
	Votes against		37,484,321							3.40% of votes cast
	Votes withheld		1,804,844
	Total votes as % of ISC			82.20%
14	To re-appoint Ernst & Young LLP as Auditors and to authorise the Directors to determine their remuneration
	Votes for		1,101,583,650							99.93% of votes cast
	Votes against		790,787							0.07% of votes cast
	Votes withheld		823,626
	Total votes as % of ISC			82.27%
15	To authorise the Directors to allot shares, as provided in resolution 15 set out in the AGM Notice
	Votes for		1,082,773,214							98.29% of votes cast
	Votes against		18,821,348							1.71% of votes cast
	Votes withheld		1,603,501
	Total votes as % of ISC			82.21%
16	To authorise the Company to make political donations
	Votes for		1,100,927,933							99.84% of votes cast
	Votes against		1,745,134							0.16% of votes cast
	Votes withheld		524,996
	Total votes as % of ISC			82.29%
17	To authorise the Company to communicate with shareholders by electronic means
	Votes for		1,102,680,224							100% of votes cast
	Votes against		250							0% of votes cast
	Votes withheld		517,589
	Total votes as % of ISC			82.29%
18	To disapply pre-emption rights
	Votes for		1,095,299,780							99.35% of votes cast
	Votes against		7,171,820							0.65% of votes cast
	Votes withheld		725,890
	Total votes as % of ISC			82.28%
19	To authorise the Directors to buy back shares
	Votes for		1,100,614,424							99.81% of votes cast
	Votes against		2,066,050							0.19% of votes cast
	Votes withheld		517,589
	Total votes as % of ISC			82.29%
20	To amend the articles of association of the Company
	Votes for		1,102,679,651							100% of votes cast
	Votes against		0							0% of votes cast
	Votes withheld		517,839
	Total votes as % of ISC			82.29%
21	To authorise the Company to hold general meetings on not less than 14 clear days' notice
	Votes for		1,090,198,314							98.87% of votes cast
	Votes against		12,481,910							1.13% of votes cast
	Votes withheld		517,839
	Total votes as % of ISC			82.29%

Notes

1.   Any proxy arrangement which gave discretion to the Chairman has been included in the "for" totals.

2.   A "vote withheld" is not a vote under English law and is not counted in the calculation of the proportion of votes "for" or "against" a resolution.

3.   The issued share capital of EVRAZ plc as at 18 June 2012 is 1,339,929,360 ordinary shares.  The scrutineer of the polls was Computershare Investor Services PLC.

4.   All percentages are rounded to two decimal points.

In accordance with Listing Rule 9.6.2, copies of resolutions passed at the Meeting concerning items other than ordinary business will shortly be available for inspection on the National Storage Mechanism which can be accessed at www.hemscott.com/nsm.do

Details of the poll votes received will shortly also be available for viewing on the Company's website www.evraz.com

###

For further information:

Investor Relations:
Alexander Boreyko
Director, Investor Relations
London: [phone]    

Moscow: [phone]

[e-mail]

Company Secretary:
TMF Corporate Administration Services Limited
London: [phone]    

[e-mail]

EVRAZ is a vertically integrated steel, mining and vanadium business with operations in the Russian Federation, Ukraine, USA, Canada, Czech Republic, Italy and South Africa. EVRAZ is among the top 20 largest steel producers in the world based on crude steel production of 16.8 million tonnes in 2011. In 2011 EVRAZ sold 15.5 million tonnes of steel products. A significant portion of the Group's internal consumption of iron ore and coking coal is covered by its mining operations. The Group's consolidated revenues for the year ended 31 December 2011 were US$16,400 million and consolidated adjusted EBITDA amounted to US$2,898 million. 

 

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