Result of AGM

RNS Number : 3937W

Harworth Group PLC

26 April 2016

 

HARWORTH GROUP PLC

RESULTS OF AGM

Harworth Group plc announces that at its AGM held on Tuesday, 26 April 2016 all resolutions in the notice of meeting were passed by the necessary majority.

The results of the voting on the resolutions are shown in the table below and will be posted on the company's website, www.harworthgroup.com.

Res. number	Brief Description	votes for	%	Votes against	%	Total votes	Votes withheld
01	To receive and adopt the Annual Report and the audited accounts	1,575,909,105	100	27,322	0.00	1,575,936,427	55,449
02	To declare the final dividend	1,575,861,818	99.99	84,906	0.01	1,575,946,724	45,152
03b	To elect Andrew Kirkman  as a director of the Company	1,575,768,544	100	58,042	0.00	1,575,826,586	165,290
04a	To re-elect Martyn Bowes as a director of the Company	1,575,570,648	99.98	297,157	0.02	1,575,867,805	124,071
04b	To re-elect Lisa Clement as a director of the Company	1,575,814,714	100	53,091	0.00	1,575,867,805	124,071
04c	To re-elect Jonson Cox as a director of the Company	1,542,934,043	99.96	570,166	0.04	1,543,504,209	32,487,667
04d	To re-elect Anthony Donnelly as a director of the Company	1,575,571,198	99.98	263,307	0.02	1,575,834,505	157,371
04e	To re-elect Owen Michaelson as a director of the Company	1,575,749,347	99.99	85,148	0.01	1,575,834,505	157,371
04f	To re-elect  Steven Underwood as a director of the Company	1,575,344,124	99.97	483,524	0.03	1,575,827,648	164,228
05	To approve the Annual report on remuneration	1,558,080,183	98.88	17,668,147	1.12	1,575,748,330	243,546
06	To approve the revised remuneration policy	1,575,091,080	99.96	633,272	0.04	1,575,724,352	267,524
07	To Re-appoint PricewaterhouseCoopers as auditor	1,575,787,735	99.99	94,378	0.01	1,575,882,113	109,763
08	Authority to determine the auditor's remuneration	1,575,535,989	99.98	355,145	0.02	1,575,891,134	100,742
09	Authority to make political donations to a specified limit	1,569,734,488	99.61	6,133,054	0.39	1,575,867,542	124,334
10	Authority to allot shares	1,575,352,583	99.96	597,926	0.04	1,575,950,509	41,367
11	Authority to make non pre-emptive share allotments	1,575,180,394	99.96	688,785	0.04	1,575,869,179	122,697
12	Authority to purchase own shares	1,575,510,107	99.97	394,535	0.03	1,575,904,642	87,234
13	Authority to call a General Meeting on not less than 14 days' notice	1,575,507,062	99.98	389,819	0.02	1,575,896,881	94,995
14	Authority for share consolidation	1,575,614,258	99.98	267,501	0.02	1,575,881,759	110,117
15	Authority to cancel share premium account	1,575,743,835	99.99	91,462	0.01	1,575,835,297	156,579
16	To adopt  Long term Incentive Plan	1,575,202,841	99.97	452,193	0.03	1,575,655,034	336,842

SHARE CONSOLIDATION

Further to the Company's announcement on 1 April 2016 it is expected that the Share Consolidation will become effective on 3 May 2016 (the "Effective Date"). On that date the Official List of the UKLA will be amended and every 10 existing ordinary shares of 1.0 pence each will be exchanged for one new ordinary share of 10.0p ("New Ordinary Shares").

New share certificates in respect of each shareholder's holding of New Ordinary Shares will be sent to the holders of certificated shares as soon as practicable after the Effective Date. Shareholders who hold their shares in uncertificated form will have their CREST accounts credited on the Effective Date.

The New Ordinary Shares have the ISIN code: GB00BYZJ7G42.

All Enquiries

Harworth Group plc

Finance Director, Andrew Kirkman 0114 254 1214

Company Secretary, Geoff Mason 0114 254 1212

Capitalised terms used in this announcement and not otherwise defined have the same meanings given to them in the Company's announcement of 1 April 2016.

About Harworth Group plc

Harworth Group Plc is a leading property and development company which owns and manages a portfolio of some 27,000 acres of land across approximately 200 sites located throughout the Midlands and North of England.  The Company specialises in the regeneration of former coalfield sites and other brownfield land into employment areas, new residential properties and low carbon energy projects. 

 

END

 

 

RAGUNRORNAASUAR