Result of AGM

RNS Number : 4692D

Glanbia PLC

26 April 2017

 

Glanbia plc ("the Company")

The Directors of the Company wish to announce that all resolutions proposed at the Annual General Meeting of the Company held on 26 April 2017 were passed, results of which are set out below. The full text of each resolution was included in the notice of the Annual General Meeting of the Company circulated to Shareholders on 14 March 2017 and made available on the Company's website www.glanbia.com

In accordance with the Listing Rules copies of the resolutions passed at the Annual General Meeting of the Company have been forwarded to both the Irish Stock Exchange and the UK National Storage Mechanism and will shortly be available for inspection at the following locations:-

Companies Announcements Office,

Irish Stock Exchange,

28 Anglesea Street,

Dublin 2,

Ireland

and

http://www.morningstar.co.uk/uk/NSM

RESULTS OF AGM

Each of resolutions 1 to 9 proposed at the Company's Annual General Meeting held on 26 April 2017 (save as provided otherwise herein) were carried on a show of hands. Results of the proxy votes received for each resolution are outlined below. 

Resolutions 3(m) to 3(p) were passed on a poll both by all the shareholders present and voting and all the independent shareholders present and voting (that is the shareholders of the Company entitled to vote on the election of the Directors who are not controlling shareholders (i.e. those shareholder(s) that exercise or control more than 30% of the voting rights of the Company). The results of the voting, on each resolution on each basis, are outlined below.

Resolution 1:

To review the Company's affairs and receive and consider the financial statements for the year ended 31 December 2016 together with the reports of the Directors and the Auditors thereon

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
198,307,910	99.96%	76,180	0.04%	198,384,090	100.00%	16,800	0.01%	198,400,890	100.00%

Resolution 2:

Declaration of Dividend

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
198,383,775	100.00%	315	0.00%	198,384,090	100.00%	16,800	0.01%	198,400,890	100.00%

Resolution 3:

Re-appointment of Directors:

3a - Patsy Ahern

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
186,132,762	96.07%	7,606,724	3.93%	193,739,486	100.00%	4,661,404	2.35%	198,400,890	100.00%

3b - Henry Corbally

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
150,406,132	75.84%	47,922,242	24.16%	198,328,374	100.00%	72,516	0.04%	198,400,890	100.00%

3c - Jer Doheny

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
186,132,120	96.07%	7,607,366	3.93%	193,739,486	100.00%	4,661,404	2.35%	198,400,890	100.00%

3d - Mark Garvey

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
196,464,333	99.03%	1,918,757	0.97%	198,383,090	100.00%	17,800	0.01%	198,400,890	100.00%

3e - Vincent Gorman

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
186,136,620	96.08%	7,602,866	3.92%	193,739,486	100.00%	4,661,404	2.35%	198,400,890	100.00%

3f - Martin Keane

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
149,910,815	75.59%	48,412,559	24.41%	198,323,374	100.00%	77,516	0.04%	198,400,890	100.00%

3g - Michael Keane

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
186,127,458	96.07%	7,607,028	3.93%	193,734,486	100.00%	4,666,404	2.35%	198,400,890	100.00%

3h - Hugh McGuire

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
196,678,471	99.14%	1,704,619	0.86%	198,383,090	100.00%	17,800	0.01%	198,400,890	100.00%

3i - John Murphy

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
186,131,916	96.07%	7,607,570	3.93%	193,739,486	100.00%	4,661,404	2.35%	198,400,890	100.00%

3j - Patrick Murphy

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
149,917,294	75.59%	48,411,080	24.41%	198,328,374	100.00%	72,516	0.04%	198,400,890	100.00%

3k - Brian Phelan

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
196,677,863	99.14%	1,705,227	0.86%	198,383,090	100.00%	17,800	0.01%	198,400,890	100.00%

3l - Siobhán Talbot

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
197,161,296	99.38%	1,222,794	0.62%	198,384,090	100.00%	16,800	0.01%	198,400,890	100.00%

3m - Patrick Coveney

(All Shareholders)

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
198,458,215	99.63%	733,026	0.37%	199,191,241	100.00%	16,800	0.01%	199,208,041	100.00%

(Independent Shareholders)

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
90,017,065	99.19%	733,026	0.81%	90,750,091	100.00%	16,800	0.02%	90,766,891	100.00%

3n - Donard Gaynor

(All Shareholders)

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
193,297,091	97.05%	5,883,824	2.95%	199,180,915	100.00%	22,126	0.01%	199,203,041	100.00%

(Independent Shareholders)

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
84,855,941	93.52%	5,883,824	6.48%	90,739,765	100.00%	22,126	0.02%	90,761,891	100.00%

3o - Paul Haran

(All Shareholders)

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
188,504,709	96.90%	6,034,012	3.10%	194,538,721	100.00%	4,664,320	2.34%	199,203,041	100.00%

 (Independent Shareholders)

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
80,063,559	92.99%	6,034,012	7.01%	86,097,571	100.00%	4,664,320	5.14%	90,761,891	100.00%

3p - Dan O'Connor

(All Shareholders)

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
193,298,645	97.05%	5,881,645	2.95%	199,180,290	100.00%	22,751	0.01%	199,203,041	100.00%

 (Independent Shareholders)

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
84,857,495	93.52%	5,881,645	6.48%	90,739,140	100.00%	22,751	0.03%	90,761,891	100.00%

Matt Merrick and Jim Gilsenan retired at the conclusion of the Annual General Meeting and accordingly did not offer themselves for re-election.

Resolution 4:

To authorise the Directors to fix the remuneration of the Auditors for the 2017 financial year

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
197,904,301	99.76%	469,754	0.24%	198,374,055	100.00%	26,835	0.01%	198,400,890	100.00%

Resolution 5:

To receive and consider the Remuneration Committee report for the year ended 31 December 2016 (excluding the part containing the Directors' remuneration policy)

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
188,674,128	97.43%	4,986,103	2.57%	193,660,231	100.00%	4,740,659	2.39%	198,400,890	100.00%

Resolution 6:

Authorisation to allot relevant securities

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
198,367,050	99.99%	20,113	0.01%	198,387,163	100.00%	13,727	0.01%	198,400,890	100.00%

Resolution 7:

Special resolution: Authorisation to allot equity securities otherwise than in accordance with statutory pre‑emption rights

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
194,274,266	97.93%	4,106,516	2.07%	198,380,782	100.00%	20,108	0.01%	198,400,890	100.00%

Resolution 8:

Special resolution: Authority to allot shares on a non-pre-emptive basis and for cash up to a further 5% of the issued share capital in connection with an acquisition or a specified capital investment

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
181,763,739	91.62%	16,616,017	8.38%	198,379,756	100.00%	21,134	0.01%	198,400,890	200.00%

Resolution 9:

Special resolution: Authorisation to retain the power to hold EGMs on 14 days' notice

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
194,668,433	98.13%	3,708,933	1.87%	198,377,366	100.00%	23,524	0.01%	198,400,890	300.00%

The "Vote Withheld" option is provided to enable abstention on any particular resolution. However, it should be noted that a "Vote Withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" a resolution.

26 April 2017

For further information contact:

Michael Horan, Group Secretary

Tel: [phone]

 

END

 

 

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