Result of AGM

RNS Number : 3224N

Mears Group PLC

09 June 2010

 



9 June 2010

Mears Group PLC

("Mears" or "the Group")

Result of AGM

Board Changes

At the Annual General Meeting ("AGM") of Mears, held earlier today at 2 Gresham Street, London, all the resolutions put to the meeting were passed.

Board Changes

In line with the Group's announcement on 9 March 2010, shareholders have approved the following changes to the Board:

Davida Marston has been appointed to the Board and the Audit Committee.  She has an excellent background in finance, banking and the public sector. Davida will be appointed Chair of the Audit Committee on the retirement of Michael Macario following the Company's AGM in 2011.

Rory Macnamara has been appointed to the Board as non-executive director and to the Remuneration Committee.  He has an excellent background in finance and public company management. Rory has been appointed Chairman of the Nominations Committee.

Reg Pomphrett who joined the Board in 1998 did not seek re-election at today's AGM but will remain as Group Company Secretary. Reg was Chair of the Remuneration Committee and Peter Dicks, non-executive Deputy Chairman has now been appointed to this position.

Summary of AGM Proxy Voting:

For information, the summary of the proxy voting is shown in the table below. The full text of the resolutions is shown in the Notice of the Annual General Meeting, which is available on the Mears website at www.mearsgroup.co.uk. 

Copies of all special resolutions will be submitted to the UK Listing Authority and will shortly be made available for inspection at the UK Listing Authority's Documents Viewing Facility, 25 The North Colonnade, Canary Wharf, London E14 5HS.

Resolution	Votes For	Votes Against	Votes at Chairman's Discretion	Votes with held
1. Report and Accounts	51,803,583	314,000	14,208	1,567,184
2. Remuneration Policy	28,669,371	13,104,228	389,796	11,455,579
3. Re-appointment Auditors	53,209,222	22,851	19,318	447,584
4. Final Dividend	53,234,183	0	17,208	447,584
5. Andrew Smith	53,182,632	51,551	17,208	447,584
6. Mike Rodgers	51,514,917	1,719,266	17,208	447,584
7. Alan Long	53,183,516	50,667	17,208	447,584
8. Michael Macario	44,313,445	8,915,419	17,567	452,584
9. Davida Marston	53,149,783	69,400	17,208	462,584
10. Rory Macnamara	50,633,053	2,585,530	17,808	462,584
11. Alteration to Articles	51,227,733	892,511	19,208	1,559,523
12. Allot Securities	48,740,911	3,471,931	19,208	1,466,925
13. Disapply pre-emption	50,661,298	2,570,085	20,008	447,584
14. General Meetings	52,201,040	932,343	18,008	447,584

Notes:

1. 'Votes For' do not include those giving the Chairman discretion.

2. The total number of ordinary shares eligible to vote as at 9 June 2010 was 84,611,994.

-Ends-

Enquiries:
Mears Group PLC
Bob Holt, Chairman	Tel: [phone]
Andrew Smith, Finance Director	Tel: [phone]
Hansard Communications John Bick/ Kirsty Corcoran	Tel: [phone] Tel: [phone]

 

END

 

 

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