Result of AGM 12 April 2016 - proxy voting

RNS Number : 9667U

Law Debenture Corp PLC

12 April 2016

 

THE LAW DEBENTURE CORPORATION p.l.c.

Results of Proxy Voting - AGM - 12 April 2016

Ordinary shares with voting rights in issue - 118,328,874

Turnout - based on number of valid votes cast of 32,837,888 - 27.75%

Resolution No. 1 - to receive the strategic and directors' report and the accounts for the year ended 31 December 2015

For *		32,832,818
Against		5,070
Percentage majority in favour		99.98%
Votes withheld **		0

Resolution No. 2 - to approve the directors' remuneration report for the year ended 31 December 2015                       

For *		27,702,322
Against the resolution		3,205,115
Percentage majority in favour		89.63%
Votes withheld **		1,930,451

 

Resolution No. 3 - to declare a final dividend of 11.00 pence per share        

For *		32,837,174
Against the resolution		0
Percentage majority in favour		100%
Votes withheld **		714

 

Resolution No.4 - to re-elect Caroline Banszky as a director

For *		32,643,833
Against the resolution		182,740
Percentage majority in favour		99.44%
Votes withheld **		11,315

Resolution No.5 - to re-elect Christopher Smith as a director

For *		32,818,277
Against the resolution		10,810
Percentage majority in favour		99.97%
Votes withheld **		8,801

Resolution No.6 - to re-elect Robert Laing as a director

For *		32,818,774
Against the resolution		10,313
Percentage majority in favour		99.97%
Votes withheld **		8,801

Resolution No.7 - to re-elect Mark Bridgeman as a director

For *		32,799,114
Against the resolution		30,759
Percentage majority in favour		99.91%
Votes withheld **		8,015

Resolution No.8 - to elect Tim Bond as a director

For *		32,788,132
Against the resolution		19,366
Percentage majority in favour		99.94%
Votes withheld **		30,390

 

 

Resolution No. 9 - to re-appoint BDO LLP as auditors

For *		32,526,613
Against the resolution		254,202
Percentage majority in favour		99.22%
Votes withheld **		57,073

Resolution No. 10 - general authority to allot shares  

For *		32,766,731
Against the resolution		43,542
Percentage majority in favour		99.87%
Votes withheld **		27,615

Resolution No. 11 - disapplication of statutory pre-emption rights (Special Resolution requiring 75% majority)

For *		32,663,344
Against the resolution		110,513
Percentage majority in favour		99.66%
Votes withheld **		64,031

 

 

Resolution No. 12 - General authority to buy back shares (Special Resolution requiring 75% majority)              

For *		32,714,385
Against the resolution		101,518
Percentage majority in favour		99.69%
Votes withheld **		21,985

Resolution No. 13 - authority to convene a general meeting - notice (Special Resolution requiring 75% majority)

           

For *		31,732,612
Against the resolution		1,099,156
Percentage majority in favour		96.65%
Votes withheld **		6,120

Notes:

* Votes "For" include any discretionary votes given to the Chairman or another named proxy.

** Votes withheld have no legal effect.

Contact: Ian Bowden 020 7696 5285

 

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