Result of AGM

RNS Number : 0873D

Phoenix Spree Deutschland Limited

21 June 2019

 

21 June 2019

Phoenix Spree Deutschland Limited

(the "Company") 

RESULTS OF ANNUAL GENERAL MEETING (the"AGM")

The Board of Phoenix Spree Deutschland Limited is pleased to announce that, at the AGM held today, Friday 21 June 2019 at 10:00 am, all the Resolutions as set out in the Notice of Meeting were passed by the requisite majority.

In accordance with Listing Rule 9.6.2, full details of the Resolutions passed as special business will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.

Details of the proxy votes received in respect of the Resolutions are set out below:

AGM Resolutions	Votes For/Discretionary	% of Vote	Against	% of Vote	Withheld
Ordinary Resolution 1 To receive the report of the directors and the financial statements for the year end 31 December 2018, together with the report of the auditors	43,911,236	99.89	0	0	0
Ordinary Resolution 2 To approve the Directors' Remuneration Report	36,441,755	82.90	7,469,480	16.99	0
Ordinary Resolution 3 To declare a final dividend of €5.15 cents (GBP: 4.62p) per share	43,911,236	99.89	0	0	0
Ordinary Resolution 4 To re-elect Robert Hingley as a director	36,345,109	86.66	5,544,657	13.22	2,021,469
Ordinary Resolution 5  To re-elect Quentin Spicer as a director	32,580,546	74.15	11,308,189	25.74	22,500
Ordinary Resolution 6 To re-elect Charlotte Valeur as a director	33,956,368	79.17	8,881,748	20.71	1,073,119
Ordinary Resolution 7 To re-elect Jonathan Thompson as a director	33,957,055	79.17	8,881,061	20.71	1,073,119
Ordinary Resolution 8 To re-elect Monique O'Keefe as a director	33,957,055	79.17	8,881,061	20.71	1,073,119
Ordinary Resolution 9 To resolve that RSM UK Audit LLP be, and is hereby, re-appointed auditors of the Company to hold office until the conclusion of the next general meeting at which accounts are laid before the Company	43,886,243	99.89	0	0	24,993
Ordinary Resolution 10 To resolve that the Audit Committee determine the remuneration of the auditors on behalf of the Board	43,891,243	99.89	0	0	19,993
Special Resolution 11 To resolve that the Company be authorised to make market purchases of up to 15,112,711 of its shares	43,349,306	98.66	542,062	1.23	19,868
Special Resolution 12 To resolve that the Directors be empowered to issue up to 10,075,141 shares for cash as if the members' pre-emption rights contained in the Articles of Association did not apply to any such issue	31,441,935	78.98	8,316,137	20.89	4,153,163

The Board notes that Resolutions 5, 6, 7, 8 and 12 have been passed with more than 20% of votes cast against.  In accordance with the AIC 2019 Code requirement, the Board will consult relevant shareholders and respond in due course.

Notes

1      Any proxy appointments which gave discretion to the Chairman or a third party have been included in the 'votes for' total.

2      Percentage of votes cast excludes withheld votes.

Ends

For further information, please contact:

Phoenix Spree Deutschland   Limited Stuart Young	[phone]
Numis Securities Limited (Corporate Broker) David Benda	[phone]
Tulchan Communications (Financial PR) Elizabeth Snow	[phone]

 

END

 

 

RAGSEEFLFFUSELM