Result of AGM

RNS Number : 6406Y

Paddy Power Betfair plc

18 May 2016

 

Paddy Power Betfair plc (the "Company")

Results of Annual General Meeting 2016

The Company announces that the following resolutions were approved at its Annual General Meeting held on Wednesday 18 May 2016. All Board Directors were in attendance.

All resolutions as set out in the Notice of Meeting were duly passed on a poll. The number of votes for and against each of the resolutions put before the Meeting and the number of votes withheld were as follows:

Resolutions	Votes For1		Votes Against		Total votes	Votes Withheld2
	No. of shares	%	No. of shares	%	No. of shares	No. of shares
1.  Receipt of the financial statements for the financial year ended 31 December 2015 and the reports of the Directors and the Auditors thereon and to review the Company's affairs	65,101,133	99.51	318,994	0.49	65,420,127	6,105
2. Approval of the Directors' Remuneration Report	39,082,152	68.22	18,205,170	31.78	57,287,322	8,138,910
3(a). Election of Zillah Byng-Thorne as a Director	65,316,170	99.84	104,981	0.16	65,421,151	5,081
3(b). Election of Breon Corcoran as a Director	65,240,771	99.72	180,650	0.28	65,421,421	4,811
3(c). Election of Ian Dyson as a Director	63,169,959	98.91	696,469	1.09	63,866,428	1,559,804
3(d). Election of Alex Gersh as a Director	65,235,179	99.72	185,972	0.28	65,421,151	5,081
3(e). Election of Peter Jackson as a Director	65,356,701	99.90	64,450	0.10	65,421,151	5,081
3(f). Election of Peter Rigby as a Director	65,333,114	99.87	86,687	0.13	65,419,801	6,431
4(a). Re-election of Gary McGann as a Director	63,498,766	99.42	369,012	0.58	63,867,778	1,558,454
4(b). Re-election of Michael Cawley as a Director	65,194,250	99.65	226,901	0.35	65,421,151	5,081
4(c). Re-election of Danuta Gray as a Director	65,240,335	99.72	180,816	0.28	65,421,151	5,081
4(d). Re-election of Stewart Kenny as a Director	62,769,624	95.95	2,651,527	4.05	65,421,151	5,081
4(e). Re-election of Pádraig Ó Ríordáin as a Director	54,387,268	96.88	1,754,117	3.12	56,141,385	9,284,847
5. Authority to the Directors to set the Auditors' remuneration	65,026,308	99.40	394,785	0.60	65,421,093	5,139
6. Authority to call extraordinary general meetings on fourteen clear days' notice *	61,986,316	94.75	3,437,297	5.25	65,423,613	2,619
7.Authority  to allot shares	57,122,538	87.51	8,155,629	12.49	65,278,167	148,065
8. Dis-application of Pre-emption Rights*	56,134,465	87.89	7,735,717	12.11	63,870,182	1,556,050
9. Authority to Purchase Own Shares*	64,393,476	98.43	1,025,196	1.57	65,418,672	7,560
10. Authority to re-issue Treasury Shares*	65,371,866	99.93	49,047	0.07	65,420,913	5,319

* Denotes Special Resolutions

NOTES:

¹ Votes "For" and "Against" are expressed as a percentage of votes received. The "For" votes include those giving the Chairman discretion.

² A vote "Withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" the resolution.

³ The total number of ordinary shares in issue, excluding Treasury Shares, on Monday 16 May was 83,763,336.

The full text of the resolutions can be found in the Notice of Annual General Meeting, which is available for inspection at the UK's National Storage Mechanism http://www.hemscott.com/nsm.do and also on the Company's website at www.paddypowerbetfair.com  

A copy of the resolutions passed under special business (as defined by the listing rules of the UK Listing Authority) will shortly be submitted to the UK's National Storage Mechanism for inspection at http://www.hemscott.com/nsm.do and forwarded to the Irish Stock Exchange.

Edward Traynor

Company Secretary

Paddy Power Betfair plc

18 May 2016

 

END

 

 

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