Result of AGM

RNS Number : 4501F

Paddy Power Betfair plc

17 May 2017

 

17 May 2017

Paddy Power Betfair plc (the "Company")

Results of Annual General Meeting 2017

The Company announces that the following resolutions were approved at its Annual General Meeting held on Wednesday, 17 May 2017. 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.  Following a review of the Company's affairs, to receive and consider the Company's Financial Statements for the year ended 31 December 2016 and the reports of the Directors and External Auditor thereon	60,437,447	99.92	47,299	0.08	60,484,746	1,022,309
2. To declare a final dividend for the year ended 31 December 2016 of 113 pence per ordinary share	61,502,386	100.00	0	0.00	61,502,386	4,669
3. To receive and consider the Directors' Remuneration Report for the year ended 31 December 2016	60,016,072	97.82	1,335,501	2.18	61,351,573	155,482
4(a). Re-election of Zillah Byng-Thorne as a Director	60,062,357	99.30	425,406	0.70	60,487,763	1,019,292
4(b). Re-election of Michael Cawley as a Director	61,141,706	99.41	360,198	0.59	61,501,904	5,151
4(c). Re-election of Breon Corcoran as a Director	61,368,708	99.78	133,200	0.22	61,501,908	5,147
4(d). Re-election of Ian Dyson as a Director	60,483,957	99.08	561,540	0.92	61,045,497	461,558
4(e). Re-election of Alex Gersh as a Director	61,178,927	99.47	322,981	0.53	61,501,908	5,147
4(f). Re-election of Peter Jackson as a Director	61,218,093	99.54	283,613	0.46	61,501,706	5,349
4(g). Re-election of Gary McGann as a Director	58,455,276	95.76	2,585,494	4.24	61,040,770	466,285
4(h). Re-election of Pádraig Ó Ríordáin as a Director	59,513,869	98.57	861,586	1.43	60,375,455	1,131,600
4(i). Re-election of Peter Rigby as a Director	61,186,499	99.49	314,689	0.51	61,501,188	5,867
5. Authority to the Directors to set the remuneration of the External Auditor	59,559,086	96.84	1,943,482	3.16	61,502,568	4,487
6. Authority to call extraordinary general meetings on 14 clear days' notice*	58,645,639	95.89	2,515,335	4.11	61,160,974	346,081
7.Authority to allot shares	61,419,853	99.87	82,654	0.13	61,502,507	4,548
8. Dis-application of pre-emption rights*	61,312,783	99.69	189,516	0.31	61,502,299	4,756
9. Authority to purchase own shares*	61,134,121	99.41	363,750	0.59	61,497,871	9,184
10. Authority to reissue Treasury Shares*	61,013,945	99.21	486,790	0.79	61,500,735	6,320

* 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, 15 May 2017 was 84,207,016.

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 www.morningstar.co.uk/uk/NSM and at the Irish Stock Exchange (see below) and also on the Company's website at www.paddypowerbetfair.com/investor-relations.    

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 www.morningstar.co.uk/uk/NSM and forwarded to the Irish Stock Exchange and available for inspection at:

Company Announcements Office

Irish Stock Exchange

28 Anglesea Street

Dublin 2

Ireland

Edward Traynor

Company Secretary

Paddy Power Betfair plc

 

END

 

 

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