Result of AGM

RNS Number : 8470N

Foxtons Group PLC

20 May 2015

 



Foxtons Group plc

(the "Company")

20 May 2015

Annual General Meeting ("AGM") Results

The Company announces that at its Annual General Meeting held earlier today all the resolutions set out in the Notice of Annual General Meeting were passed by the requisite majority.  Each of the resolutions put to the AGM was voted on by way of a poll. The results of the poll for each resolution were as follows:

Resolution	For (No. of shares)	For (%)	Against (No. of shares)	Against (%)	Votes Withheld (No. of shares)	Total issued share capital instructed (%)
1. To receive the Annual Report and Accounts.	234,188,872	100.00	0.00	0.00	1.00	82.99
2. To declare a final dividend.	234,188,872	100.00	0.00	0.00	1.00	82.99
3. To declare a special dividend.	234,188,872	100.00	0.00	0.00	1.00	82.99
4. To approve the Directors' Remuneration Report.	216,260,639	92.36	17,896,372	7.64	31,862	82.98
5. To elect Nicholas Budden as a Director.	232,815,066	99.41	1,372,306	0.59	1,501	82.99
6. To re-elect Andrew Adcock as a Director.	232,804,421	99.41	1,382,951	0.59	1,501	82.99
7. To re-elect Ian Barlow as a Director.	233,925,416	99.89	261,956	0.11	1,501	82.99
8. To re-elect Michael Brown as a Director.	232,806,243	99.41	1,381,129	0.59	1,501	82.99
9. To re-elect Annette Court as a Director.	233,926,916	99.89	261,956	0.11	1.00	82.99
10. To re-elect Gerard Nieslony as a Director.	232,701,261	99.41	1,372,306	0.59	115,306	82.95
11. To re-elect Garry Watts as a Director.	232,286,865	99.19	1,900,507	0.81	1,501	82.99
12. To re-appoint Deloitte LLP as auditors of the Company.	233,804,009	99.84	383,563	0.16	1,301	82.99
13. To authorise the Audit Committee to determine the auditors' remuneration.	233,898,586	99.88	288,986	0.12	1,301	82.99
14. To authorise the Company to make political donations.	232,468,398	99.52	1,111,299	0.48	609,176	82.78
15. To amend the rules of the Senior Management Long Term Incentive Plan.	233,799,192	99.83	386,880	0.17	2,801	82.99
16. To authorise the Directors to allot ordinary shares.	234,182,074	100.00	5,798	0.00	1,001	82.99
17. To disapply pre-emption rights.*	234,180,774	100.00	5,798	0.00	2,301	82.99
18. To authorise the Company to purchase its own ordinary shares.*	234,182,074	100.00	6,798	0.00	1.00	82.99
19. To authorise the Directors to hold general meetings on not less than 14 clear days' notice.*	227,233,531	97.03	6,955,341	2.97	1.00	82.99
20. To ratify the payment of the 2014 interim and special interim dividends and to approve certain related matters.*	212,439,184	100	2,298	0.00	20,442,731	75.29

*Special Resolution

NOTES:
1.	All resolutions were passed.
2.	Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution
3.	Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.
4.	A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution nor in the calculation of the proportion of "Total issued share capital instructed" for any resolution.
5.	Following the passing of resolution 20, and as described in detail in the explanatory notes to the Notice of Annual General Meeting published on 7 April 2015,  the Company confirms that it has today entered into:                - a deed of release in favour of the Company's shareholders; and                - a deed of release in favour of the current and former Directors of the Company (being related parties of the Company for the purposes of the Listing Rules and which deed constitutes a smaller related party transaction under LR11.1.10R of the Listing Rules);
6.	The number of shares in issue at 6:00 p.m. on 18 May 2015 was 282,176,468 (the "Share Capital") and at that time, the Company did not hold any shares in treasury.
7.	The proportion of "Total issued share capital instructed" for any resolution is the total of votes validly cast for that resolution (i.e. the total votes "For" and "Against" that resolution) expressed as a percentage of the Share Capital.
8.	The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.foxtonsgroup.co.uk.
9.	A copy of resolutions 17-20 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at www.morningstar.co.uk/uk/NSM.
10.	The complete poll results will be available shortly on the Company's website at www.foxtonsgroup.co.uk

For further information please contact:
Foxtons Investor Relations
Jenny Matthews	Tel: [phone]

 

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