Result of AGM

Hostelworld Group PLC

02 May 2024

 

LEI: 213800OC94PF2D675H41

2 May 2024

Hostelworld Group plc

 (the "Company")

RESULTS OF ANNUAL GENERAL MEETING

The Annual General Meeting of the Company (the "AGM") was held at 12.00 noon today.

All resolutions proposed at the AGM were duly passed on a poll and the results of each resolution were as follows:

Resolution	For	Against	Votes withheld	Total proxy votes cast	Percentage of issued share capital voted (%)
1.         To adopt the Company's accounts and the Directors' and Auditor's Reports for the year ended 31 December 2023	102,336,844	2,030	7,126	102,338,874	81.88%
2.         To approve the Directors' remuneration report	100,272,075	2,068,066	5,859	102,340,141	81.88%
3.         To approve the Directors' remuneration policy	97,628,882	2,290,093	2,427,025	99,918,975	79.94%
4.         To re-elect Michael Cawley as a director	98,584,515	3,755,625	5,860	102,340,140	81.88%
5.         To re-elect Carl G. Shepherd as a director	99,746,361	2,592,511	7,128	102,338,872	81.88%
6.         To re-elect Éimear Moloney as a director	101,712,728	627,412	5,860	102,340,140	81.88%
7.         To re-elect Gary Morrison as a director	102,336,844	2,030	7,126	102,338,874	81.88%
8.         To re-elect Evan Cohen as a director	101,711,461	627,412	7,127	102,338,873	81.88%
9.         To re-elect Caroline Sherry as a director	102,338,071	2,070	5,859	102,340,141	81.88%
10.       To re-appoint KPMG as auditors to the Company	102,335,052	5,089	5,859	102,340,141	81.88%
11.       To authorise the Directors to fix the auditors' remuneration	102,336,844	2,030	7,126	102,338,874	81.88%
12.       To authorise the Directors to allot shares or grant subscription or conversion rights under section 551 of the Companies Act 2006	102,332,304	7,837	5,859	102,340,141	81.88%
13.       To generally disapply statutory pre-emption rights under the Companies Act 2006	99,909,871	2,430,270	5,859	102,340,141	81.88%
14.       To further disapply statutory pre-emption rights in connection with an acquisition or specified capital investment	99,909,871	2,430,270	5,859	102,340,141	81.88%
15.       To authorise the Company to make market purchases of its own shares	102,338,111	2,030	5,859	102,340,141	81.88%
16.       To authorise the Company to make political donations and incur political expenditure	96,995,783	5,343,297	6,920	102,339,080	81.88%
17.       To permit general meetings to be called on 14 clear days' notice	102,249,934	90,206	5,860	102,340,140	81.88%

Notes:

Votes 'For' include those votes giving the Chair discretion.

(i)               The number of ordinary shares in issue on 2 May 2024 was 124,989,783.  Shareholders are entitled to one vote per share. 

(ii)              A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes validly cast.

Resolutions 1 to 12 and 16 proposed at the AGM were passed as ordinary resolutions and Resolutions 13 to 15 and 17 proposed at the AGM were passed as special resolutions.

In accordance with Listing Rule 9.6.2, copies of the resolutions passed at the Annual General Meeting (other than ordinary business) are being submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

In accordance with the Listing Rules of Euronext Dublin, a copy of such resolutions has also been forwarded to Euronext Dublin and will shortly be available for inspection at https://direct.euronext.com/#/oamfiling and at the following address:

Companies Announcement Office
Euronext Dublin
28 Anglesea Street
Dublin 2

A copy of this announcement setting out the results of the AGM is also available on the Company's website at www.hostelworldgroup.com.

The full text of each of the resolutions passed at the AGM is set out in the notice of AGM, a copy of which is available on the Company's website (www.hostelworldgroup.com).

For further information contact:

Hostelworld Group plc                                                                 [e-mail]

Gary Morrison, Chief Executive Officer

Caroline Sherry, Chief Financial Officer

Powerscourt (Financial PR adviser)                         [e-mail]

Eavan Gannon

Tel: [phone]

 

END