Result of AGM

RNS Number : 5889Z

Forterra plc

20 May 2019

 

Forterra plc

Annual General Meeting 2019 Results

The Annual General Meeting of Forterra plc (the "Company") was held at the Hilton Hotel, 100 Watering Lane, Collingtree, Northampton, NN4 0XW on Monday 20th May 2019 at 12:00pm.

All of the resolutions were voted upon by a show of hands and were passed by the requisite majority by shareholders. 

The full text of each resolution is contained in the notice of Annual General Meeting, which is available on the Company's website www.forterraplc.co.uk (with each resolution number below corresponding to the resolution number in the notice).

The number of Proxy votes for and against each of the resolutions put before the Annual General Meeting and the number of votes withheld were as follows. The total number of Ordinary shares in issue was 200,442,068 shares.

As previously announced, following the conclusion of the meeting, Justin Atkinson was appointed Chairman of the Board and Katherine Innes Ker was appointed Senior Independent Director.  In addition, Vince Niblett was appointed Chairman of the Audit Committee and Justin Atkinson was appointed as Chairman of the Nomination Committee. Katherine Innes Ker remains as Chairman of the Remuneration Committee and Divya Seshamani remains as Chairman of the Risk Committee.

Resolution	Votes for		Votes Against		Total Votes Cast (excluding withheld)	Votes Withheld*
	No of Shares	% of shares voted	No of Shares	% of shares voted		No of shares
Resolution 1 To receive and adopt the Annual Report and Accounts to 31 December 2018.	162,861,207	100	0	0	162,861,207	958,066
Resolution 2 To re-appoint Ernst & Young LLP as Auditor.	163,818,790	99.99	483	0.01	163,819,273	0
Resolution 3 To authorise the remuneration of the Auditor	163,818,790	99.99	483	0.01	163,819,273	0
Resolution 4 To declare the final dividend of 7.2 pence per Ordinary Share for the year ended 31 December 2018	163,818,976	99.99	297	0.01	163,819,273	0
Resolution 5 To re-elect Justin Atkinson as a Director	161,932,760	99.17	1,359,654	0.83	163,292,414	526,859
Resolution 6 To re-elect Stephen Harrison as a Director	163,188,814	99.62	630,166	0.38	163,818,980	293
Resolution	Votes for		Votes Against		Total Votes Cast (excluding withheld)	Votes Withheld*
	No of Shares	% of shares voted	No of Shares	% of shares voted		No of shares
Resolution 7 To re-elect Shatish Dasani as a Director	162,826,939	99.39	992,037	0.61	163,818,976	297
Resolution 8 To re-elect Katherine Innes Ker as a Director	162,458,732	99.17	1,359,951	0.83	163,818,683	590
Resolution 9 To re-elect Divya Seshamani as a Director	163,345,948	99.71	472,463	0.29	163,818,411	862
Resolution 10 To re-elect Martin Sutherland as a Director	163,346,810	99.71	472,166	0.29	163,818,976	297
Resolution 11 To re-elect Vince Niblett as a Director	163,818,382	99.98	594	0.01	163,818,976	297
Resolution 12 To approve the Report of the Remuneration Committee (excluding the Remuneration Policy set out on pages 59-65 of the Annual Report)	163,669,728	99.91	149,248	0.09	163,818,976	297
Resolution 13 To authorise the Company to make political donations	158,707,303	97.39	4,261,487	2.61	162,968,790	850,483
Resolution 14 To authorise the Directors to allot share capital	162,773,118	99.36	1,044,969	0.64	163,818,087	1,186
Resolution 15 ** To disapply statutory exemption rights	162,566,893	99.24	1,252,194	0.76	163,819,087	186
Resolution 16 ** To disapply statutory exemption rights	154,903,232	94.56	8,915,855	5.44	163,819,087	186
Resolution 17 ** To authorise the Company to purchase its own shares	162,938,061	99.48	858,797	0.52	163,796,858	22,415
Resolution 18 ** To authorise the Company to hold general meetings (other than an Annual General meeting) with 14 clear days' notice	160,991,815	98.27	2,827,458	1.73	163,819,273	0

In accordance with the requirements of LR 9.6.3 and 9.6.18 copies of Resolutions 15-18 will shortly be available for inspection on the National Storage Mechanism which is located at http://www.morningstar.co.uk/uk/nsm

Notes:

*Votes 'withheld' are not votes under English law and so have not been included in the calculation of whether a resolution is carried.  Percentages have been rounded to two decimal places.

** Special resolution.

For further information contact:

Forterra plc                                                                                  [phone]

Ben Guyatt, Company Secretary                                                           

FTI Consulting:	[phone]
Richard Mountain
Nick Hasell

 

END

 

 

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