Result of AGM

RNS Number : 5047G

Inchcape PLC

12 May 2011

 



Inchcape plc (the "Company")
12 May 2011

Result of Annual General Meeting

The Company announces that all resolutions proposed at the Annual General Meeting of the Company held earlier today were passed.

Details of the votes cast on all resolutions are set out below and will also be available on the Company's website: www.inchcape.com

In accordance with UK Listing Rule 9.6.2 copies of all the resolutions passed, other than ordinary business, have been submitted to the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do.

Resolution	Votes For	% For	Votes Against	% Against	Votes Withheld
1. To receive the Accounts and Directors' and Auditors Reports	365,192,791	100%	4,571	0%	3,378
2. To approve the Directors' Report on Remuneration	305,931,846	95.17%	15,513,396	4.83%	43,753,301
3. To approve a final dividend of 6.6p per ordinary share	364,529,111	100%	5,124	0%	666,505
4. To elect Simon Borrows as a Director	363,996,393	99.67%	1,189,336	0.33%	15,011
5. To re-elect André Lacroix as a Director	346,914,413	95%	18,268,792	5%	17,535
6. To re-elect Will Samuel as a Director	355,934,487	97.47%	9,251,594	2.53%	14,659
7. To reappoint PricewaterhouseCoopers LLP as Auditors	360,441,331	99.10%	3,285,674	0.90%	1,473,735
8. To authorise the Directors to determine the Auditors' remuneration	362,587,945	99.47%	1,941,109	0.53%	671,686
9. To establish the Inchcape Performance Share Plan	360,060,628	98.64%	4,948,815	1.36%	190,080
10. To amend the Inchcape Co-investment Plan	359,384,042	98.45%	5,641,708	1.55%	174,990
11. To authorise the Directors to allot relevant securities pursuant to section 560(1) of the Companies Act 2006	337,824,650	98.44%	5,368,789	1.56%	22,007,301
12. To empower the Directors to disapply pre-emption rights pursuant to Section 561 of the Companies Act 2006	364,728,854	99.88%	444,129	0.12%	27,757
13. To authorise the Company to make market purchases of its ordinary shares up to 10.0% of its issued share capital	362,341,979	99.61%	1,429,545	0.39%	1,429,216
14. Notice of Meetings	354,883,126	97.18%	10,313,944	2.82%	3,670

Ends

Group Communications, Inchcape plc
[phone]

Investor Relations, Inchcape plc
[phone]

Financial Dynamics  (Jonathon Brill/Billy Clegg)
[phone]

www.inchcape.com

Notes to editors

About Inchcape:

Inchcape is a leading, independent international automotive distributor and retailer operating in 26 Emerging and Developed markets. Inchcape has diversified multi-channel revenue streams including sale of new and used vehicles, parts, service, finance and insurance.

Inchcape's vision is to be the world's most customer-centric automotive retail group and represents some of the world's leading automotive brands, including Audi, BMW / Mini, Jaguar, Land Rover, Mercedes-Benz, Porsche, Subaru, Toyota / Lexus, Volkswagen and Volvo.

Inchcape, which has been listed on the London Stock Exchange since 1958, is headquartered in London and employs around 14,300 people.

 

END

 

 

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