Result of AGM

RNS Number : 0415D

Fresnillo PLC

24 June 2021

 

   Fresnillo plc

21 Upper Brook Street

London W1K 7PY

United Kingdom

www.fresnilloplc.com

24 June 2021

FRESNILLO PLC (the "COMPANY") - RESULT OF AGM

The Board is pleased to announce that all of the resolutions put to shareholders at today's Annual General Meeting were passed by means of a poll, including the ordinary resolutions (resolutions 1 to 18) and special resolutions (resolutions 19 to 23) as set out in the Company's notice of AGM dated 19 May 2021. The votes cast for resolutions 9 to 15 relating to the re-election and election of the independent Directors were duly passed by both a majority of the votes cast by the independent shareholders as well as by a majority of votes cast by all shareholders. These votes have been calculated separately and are shown below (independent shareholder votes cast being marked **)

The final voting figures are shown below.

Resolution	Total Votes Cast	For (*)		Against (*)		Withheld
		Number	%	Number	%
1: Presentation of the accounts	663,861,410	663,723,770	99.98	137,640	0.02	3,114,617
2: To approve the final dividend	666,973,950	666,635,837	99.95	338,113	0.05	2,077
3: To approve the Annual Report on Remuneration	665,606,680	661,179,743	99.33	4,426,937	0.67	1,369,347
4: To re-elect Mr Alejandro Baillères	666,972,351	624,536,221	93.64	42,436,130	6.36	3,676
5: To re-elect Mr Juan Bordes	665,608,037	659,297,911	99.05	6,310,126	0.95	1,367,990
6: To re-elect Mr Arturo Fernández	662,495,598	655,754,274	98.98	6,741,324	1.02	4,480,429
7: To re-elect Mr Fernando Ruiz	666,528,560	622,205,547	93.35	44,323,013	6.65	447,467
8: To elect Mr Eduardo Cepeda	666,972,400	662,382,618	99.31	4,589,782	0.69	3,627
9: To re-elect Mr Charles Jacobs	666,972,250	666,336,746	99.90	635,504	0.10	3,777
	114,377,059 **	113,741,555	99.44	635,504	0.56	3,777
10: To re-elect Ms Bárbara Garza Lagüera	666,972,351	665,022,673	99.71	1,949,678	0.29	3,676
	114,377,160 **	112,427,482	98.30	1,949,678	1.70	3,676
11: To re-elect Mr Alberto Tiburcio	666,972,350	660,232,044	98.99	6,740,306	1.01	3,677
	114,377,159 **	107,636,853	94.11	6,740,306	5.89	3,677
12: To re-elect Dame Judith Macgregor	666,972,695	666,851,914	99.98	120,781	0.02	3,332
	114,377,504 **	114,256,723	99.89	120,781	0.11	3,332
13: To re-elect Ms Georgina Kessel	666,972,251	666,962,479	100.00	9,772	0.00	3,776
	114,377,060 **	114,367,288	99.99	9,772	0.01	3,776
14: To re-elect Ms Guadalupe De la Vega	666,972,351	666,965,848	100.00	6,503	0.00	3,676
	114,377,160 **	114,370,657	99.99	6,503	0.01	3,676
15: To elect Mr Hector Rangel	666,972,301	666,339,298	99.91	633,003	0.09	3,726
	114,377,110 **	113,744,107	99.45	633,003	0.55	3,726
16: To appoint the auditors	666,971,644	659,470,056	98.88	7,501,588	1.12	4,383
17: To authorise the audit committee to determine the auditors remuneration	666,971,341	664,460,303	99.62	2,511,038	0.38	4,686
18: To give authority to Directors to allot shares	666,974,075	662,012,035	99.26	4,962,040	0.74	1,952
19: To disapply pre-emption rights	666,062,960	661,339,315	99.29	4,723,645	0.71	913,067
20: To disapply pre-emption rights in connection with an acquisition or other capital investment	666,972,910	655,011,559	98.21	11,961,351	1.79	3,117
21: To authorise purchase of the Company's shares	666,633,525	663,014,388	99.46	3,619,137	0.54	342,502
22: Notice of general meetings	666,974,350	660,759,650	99.07	6,214,700	0.93	1,677
23: Adoption of new articles of association	666,966,648	666,952,011	100.00	14,637	0.00	9,379

(*) = Includes discretionary votes

(**) =Votes cast by the independent shareholders

As at the date of the AGM, the number of issued shares and total voting rights of the Company was 736,893,589 shares in issue. The Company's Articles of Association set out that every member who is present in person or by proxy shall have one vote for every share of which he is the holder on a poll. The scrutineer of the poll was Equiniti Limited.

In accordance with Listing Rule 9.6.2, Fresnillo plc has submitted a copy of the resolutions dealing with the special business put to shareholders at the AGM today to the National Storage Mechanism, which will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

ENDS

For further information, please visit our website www.fresnilloplc.com or contact:

FRESNILLO PLC  London Office    Gabriela Mayor, Head of Investor Relations Patrick Chambers	Tel: [phone]
Mexico City Office Ana Belem Zárate	Tel: [phone]
POWERSCOURT Peter Ogden	Tel: [phone]

ABOUT FRESNILLO PLC

Fresnillo plc is the world's largest primary silver producer and Mexico's largest gold producer, listed on the London and Mexican Stock Exchanges under the symbol FRES.

Fresnillo plc has seven operating mines, all of them in Mexico - Fresnillo, Saucito, Ciénega (including the San Ramón satellite mine, Las Casas Rosario & Cluster Cebollitas), Herradura, Soledad-Dipolos¹, Noche Buena and San Julián (Veins and Disseminated Ore Body), three development projects - the Pyrites Plant at Fresnillo, the optimisation of the beneficiation plant also at Fresnillo and Juanicipio, and four advanced exploration projects - Orisyvo, Rodeo, Guanajuato and Pilarica, as well as a number of other long term exploration prospects.

Fresnillo plc has mining concessions and exploration projects in Mexico, Peru and Chile.

Fresnillo plc has a strong and long tradition of exploring, mining, a proven track record of mine development, reserve replacement, and production costs in the lowest quartile of the cost curve for silver.

Fresnillo plc's goal is to maintain the Group's position as the world's largest primary silver company and Mexico's largest gold producer.

¹ Operations at Soledad-Dipolos are currently suspended.

FORWARD LOOKING STATEMENTS

Information contained in this announcement may include 'forward-looking statements'. All statements other than statements of historical facts included herein, including, without limitation, those regarding the Fresnillo Group's intentions, beliefs or current expectations concerning, amongst other things, the Fresnillo Group's results of operations, financial position, liquidity, prospects, growth, strategies and the silver and gold industries are forward-looking statements. Such forward-looking statements involve risk and uncertainty because they relate to future events and circumstances. Forward-looking statements are not guarantees of future performance and the actual results of the Fresnillo Group's operations, financial position and liquidity, and the development of the markets and the industry in which the Fresnillo Group operates, may differ materially from those described in, or suggested by, the forward-looking statements contained in this document. In addition, even if the results of operations, financial position and liquidity, and the development of the markets and the industry in which the Fresnillo Group operates are consistent with the forward-looking statements contained in this document, those results or developments may not be indicative of results or developments in subsequent periods. A number of factors could cause results and developments to differ materially from those expressed or implied by the forward-looking statements including, without limitation, general economic and business conditions, industry trends, competition, commodity prices, changes in regulation, currency fluctuations (including the US dollar and Mexican Peso exchanges rates), the Fresnillo Group's ability to recover its reserves or develop new reserves, including its ability to convert its resources into reserves and its mineral potential into resources or reserves, changes in its business strategy and political and economic uncertainty.

LEI: 549300JXWH1UV5J0XV81

 

END

 

 

RAGBDGDLCUDDGBS