08 May 2018
Global Ports Holding PLC
Results of Annual General Meeting
At the first Annual General Meeting of the Company held on 8 May 2018, all resolutions put to shareholders were duly passed on a poll with the required majorities. The full text of each resolution is contained in the Notice of Annual General Meeting. Resolutions 1 to 16 (inclusive) were passed as ordinary resolutions. Resolutions 17 to 20 (inclusive) were passed as special resolutions.
As at the close of business on 4 May 2018, the Company had 62,826,963 ordinary shares of £0.01 each in issue (with no shares held in treasury).
The final votes received in respect of each resolution put to the meeting were as set out below.
|
Votes for |
% |
Votes |
% |
Total number |
% of the |
Votes |
||
Ordinary Resolutions |
|
|
|
|
|
|
|
||
1. |
To receive the annual report and accounts |
48,998,009 |
100.00 |
0 |
0.00 |
48,998,009 |
77.99% |
0 |
|
2. |
To approve the Directors' remuneration report |
48,995,123 |
99.99 |
2,549 |
0.01 |
48,997,672 |
77.99% |
337 |
|
3. |
To approve the Company's remuneration policy |
48,995,595 |
100.00 |
2,077 |
0.00 |
48,997,672 |
77.99% |
337 |
|
4. |
To approve the long term incentive share plan |
48,995,995 |
100.00 |
1,677 |
0.00 |
48,997,672 |
77.99% |
337 |
|
5. |
Subject to the passing of Resolution 3, to set as £1,500,000 the maximum amount of aggregate fees which may be paid to the Company's Directors |
48,994,379 |
100.00 |
1,942 |
0.00 |
48,996,321 |
77.99% |
1,688 |
|
6. |
To declare a final dividend |
48,997,753 |
100.00 |
256 |
0.00 |
48,998,009 |
77.99% |
0 |
|
7. |
To reappoint Mehmet Kutman as a Director |
48,997,075 |
100.00 |
934 |
0.00 |
48,998,009 |
77.99% |
0 |
|
8. |
To reappoint Ayşegül Bensel as a Director |
48,996,908 |
100.00 |
1,101 |
0.00 |
48,998,009 |
77.99% |
0 |
|
9. |
To reappoint the Rt. Hon. Peter Benjamin Mandelson as a Director |
48,996,368 |
100.00 |
1,641 |
0.00 |
48,998,009 |
77.99% |
0 |
|
10. |
To reappoint Thierry Déau as a Director |
48,997,075 |
100.00 |
934 |
0.00 |
48,998,009 |
77.99% |
0 |
|
11. |
To reappoint Jérôme Bernard Jean Auguste Bayle as a Director |
48,997,075 |
100.00 |
934 |
0.00 |
48,998,009 |
77.99% |
0 |
|
12. |
To reappoint Thomas Josef Maier as a Director |
48,996,908 |
100.00 |
1,101 |
0.00 |
48,998,009 |
77.99% |
0 |
|
13. |
To reappoint Ercan Nuri Ergül as a Director |
48,997,075 |
100.00 |
934 |
0.00 |
48,998,009 |
77.99% |
0 |
|
14. |
To reappoint Deloitte LLP of 2 New Street Square, London EC4A 3B2, United Kingdom as the Company's auditor |
48,996,570 |
100.00 |
1,439 |
0.00 |
48,998,009 |
77.99% |
0 |
|
15. |
To authorise the Audit and Risk Committee of the Board to fix the remuneration of the auditors |
48,997,483 |
100.00 |
526 |
0.00 |
48,998,009 |
77.99% |
0 |
|
16. |
To give authority to allot securities up to a specified amount |
48,994,926 |
100.00 |
732 |
0.00 |
48,995,658 |
77.99% |
2,351 |
|
Special Resolutions |
|
|
|
|
|
|
|
|
|
17. |
To disapply statutory pre-emption rights for an allotment of equity securities for cash, up to a nominal amount not exceeding 5% of the Company's issued ordinary share capital |
46,410,954 |
94.72 |
2,585,704 |
5.28 |
48,996,658 |
77.99% |
1,351 |
|
18. |
To disapply statutory pre-emption rights for an allotment of equity securities for cash used only for the purposes of financing an acquisition or capital investment only, up to a nominal amount not exceeding 5% of the Company's issued ordinary share capital |
48,994,724 |
100.00 |
1,934 |
0.00 |
48,996,658 |
77.99% |
1,351 |
|
19. |
To give authority to make market purchases of the Company's shares |
48,996,993 |
100.00 |
1,016 |
0.00 |
48,998,009 |
77.99% |
0 |
|
20. |
To permit General Meetings on not less than 14 clear days' notice |
48,997,709 |
100.00 |
300 |
0.00 |
48,998,009 |
77.99% |
0 |
*A vote "withheld" is not a vote in law. Votes "withheld" were not counted in the calculation of the proportion of the votes for and against each of the resolutions.
In accordance with the Listing Rules, a copy of the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will be available for inspection at www.morningstar.co.uk/uk/NSM.
Full details of the poll results will also be available on the Company's website: www.globalportsholding.com
Enquiries:
Global Ports Holding, Company Secretary
Alison Chilcott, Company Secretary
Telephone: +44 (0)7752 169 354
Email: alisonc@globalportsholding.com