PayPoint plc : AGM Statement

28 July 2016

PayPoint plc (Company)
AGM and Trading Update

PayPoint plc announces that at the Annual General Meeting held today all resolutions were passed on a show of hands. The proxy voting for the resolutions tabled at the Meeting was as follows:

Resolutions	Votes For	%	Votes Against	%	Total Votes	% of Issued Share Capital Voted	Votes Withheld*
1. To receive the annual reports and accounts for the year ended 31 March 2016	59,863,502	99.51%	295,288	0.49%	60,158,790	88.31%	31,672
2. To approve the directors' remuneration report for the year ended 31 March 2016	58,677,492	97.49%	1,510,760	2.51%	60,188,252	88.35%	2,210
3. To declare a final dividend of 28.2p per ordinary share of the company	60,190,462	100.00%	0	0.00%	60,190,462	88.36%	0
4. To re-elect Ms Gill Barr as a director of the company	58,516,334	97.22%	1,674,128	2.78%	60,190,462	88.36%	0
5. To re-elect Mr Neil Carson as a director of the company	58,477,554	97.15%	1,712,608	2.85%	60,190,162	88.36%	0
6. To re-elect Mr George Earle as a director of the company	60,177,966	99.98%	12,496	0.02%	60,190,462	88.36%	0
7. To re-elect Mr David Morrison as a director of the company	58,704,425	97.53%	1,486,037	2.47%	60,190,462	88.36%	0
8. To re-elect Mr Dominic Taylor as a director of the company	60,177,666	99.98%	12,396	0.02%	60,190,062	88.36%	400
9. To re-elect Mr Tim Watkin-Rees as a director of the company	60,177,966	99.98%	12,496	0.02%	60,190,462	88.36%	0
10. To re-elect Mr Nick Wiles as a director of the company	60,111,583	99.87%	78,879	0.13%	60,190,462	88.36%	0
11. To elect Mr Giles Kerr as a director of the company	59,623,163	99.06%	566,699	0.94%	60,189,862	88.36%	600
12. To re-appoint Deloitte LLP as auditor of the company	54,095,509	89.88%	6,091,578	10.12%	60,187,087	88.35%	3,375
13. To authorise the directors to determine the auditor's remuneration	36,268,094	88.34%	4,786,266	11.66%	41,054,360	60.27%	19,136,102
14. To authorise the directors to allot shares in accordance with Section 551 of the Companies Act 2006	60,185,893	99.99%	2,569	0.004%	60,188,462	88.35%	2,000
15. To disapply statutory pre-emption rights in accordance with Section 570 of the Companies Act 2006**	60,183,141	99.99%	5,321	0.01%	60,188,462	88.35%	2,000
16. To authorise the company to make market purchases of its ordinary shares up to 10% of the issued share capital**	58,775,632	97.65%	1,412,930	2.35%	60,188,562	88.35%	1,900
17. To allow any general meeting (other than an annual general meeting) to be called on 14 days' notice**	59,522,210	98.89%	668,252	1.11%	60,190,462	88.36%	0

*A vote withheld is not a vote in law and is not counted towards votes cast "For" or "Against" a resolution.
** Special Resolutions requiring a 75% majority

In accordance with Listing Rule 9.2.2E, Resolutions 4, 5, 10 and 11 were approved by: (a) the shareholders of the Company; and (b) the independent shareholders of the Company.

The total voting rights of the Company on the day on which shareholders had to be on the register in order to be eligible to vote was 68,122,107.

The results will also be made available on the Company's website: www.paypoint.com

In accordance with LR 9.6.2, a document setting out the resolutions passed at the AGM, concerning special business has been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM  

Payment of the final dividend will be made on 29 July 2016 to shareholders who were on the shareholder register on 01 July 2016.

Trading Update
PayPoint released an interim management statement on 28 July 2016 which has been published on its website www.paypoint.com.

Enquiries
PayPoint plc
Susan Court        01707 600300

Finsbury
Rollo Head          020 7251 3801

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: PayPoint plc via Globenewswire

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