Result of AGM

RNS Number : 9348X

Reach PLC

02 May 2019

 

Reach plc

2 May 2019

Results of Annual General Meeting ("AGM")

At the AGM of Reach plc (the 'Company') held today at 11.30 am at the Museum of London Docklands, No.1 Warehouse, West India Quay, London E14 4AL, all resolutions set out in the Notice of Meeting were voted on a poll and were passed by the requisite majorities. Resolutions 1 to 13 and 17 were passed as ordinary resolutions and resolutions 14 to 16 and 18 were passed as special resolutions. The results of the poll are set out below.

		VOTES FOR	%	VOTES AGAINST	%	VOTES CAST	% of ISC VOTED	VOTES WITHHELD
1	Annual Report and Accounts	236,685,122	99.98	48,213	0.02	236,733,335	79.10%	60,640
2	Remuneration Report	192,593,200	83.14	39,052,286	16.86	231,645,486	77.40%	5,151,501
3	Dividend	236,783,936	99.99	12,648	0.01	236,796,584	79.13%	1,042
4	Elect Simon Fuller	231,028,557	99.77	543,978	0.23	231,572,535	77.38%	5,225,091
5	Re-elect Nick Prettejohn	231,899,772	97.93	4,892,784	2.07	236,792,556	79.12%	5,069
6	Re-elect Simon Fox	235,860,446	99.61	932,328	0.39	236,792,774	79.12%	4,852
7	Re-elect Steve Hatch	220,152,519	94.20	13,558,243	5.80	233,710,762	78.09%	3,086,863
8	Re-elect David Kelly	224,637,434	96.97	7,014,121	3.03	231,651,555	77.41%	5,146,071
9	Re-elect Helen Stevenson	226,807,629	95.79	9,980,391	4.21	236,788,020	79.12%	9,606
10	Re-elect Olivia Streatfeild	226,808,944	95.79	9,979,076	4.21	236,788,020	79.12%	9,606
11	Appoint PricewaterhouseCoopers LLP	236,427,359	99.85	363,456	0.15	236,790,815	79.12%	6,811
12	Auditors' remuneration	236,744,384	99.98	51,631	0.02	236,796,015	79.12%	1,611
13	Allot shares	236,530,121	99.89	264,070	0.11	236,794,191	79.12%	3,435
14	Disapplication of pre-emption rights	236,740,043	99.98	52,130	0.02	236,792,173	79.12%	5,453
15	Further disapplication of pre-emption rights	231,531,410	97.78	5,260,810	2.22	236,792,220	79.12%	5,405
16	Purchase of own shares	231,562,290	97.80	5,207,876	2.20	236,770,166	79.12%	27,459
17	Political donations	182,438,448	77.05	54,354,388	22.95	236,792,836	79.12%	4,790
18	Notice for General Meetings	235,008,010	99.25	1,787,456	0.75	236,795,466	79.12%	2,160

Notes:

1.   A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "for" and "against" a resolution.

2.   The issued share capital figure used to calculate the percentage voted is 299,268,697.  This is the figure as at close of business on 30 April 2019 and excludes the number of ordinary shares held in treasury at that date.

3.   The directors of the Company (the 'Directors') note the proportion of votes cast against resolution 17. As explained in the circular to shareholders containing the notice of Annual General Meeting, neither the Company nor any of its subsidiaries has any intention of making any direct political donation or incurring political expenditure pursuant to this resolution. This resolution was proposed to ensure that neither the Company nor its subsidiaries inadvertently commits any breaches of the Companies Act 2006 (the 'Act') through the undertaking of routine activities in consequence of the very wide scope of the relevant provisions in that Act. The Directors remain convinced that the passing of the resolution was in the best interest of the Company with a view to its avoiding any such technical breach which could otherwise arise.

In accordance with Listing Rule 9.6.3R, a copy of the resolutions passed as Special Business at the AGM have been submitted to the National Storage Mechanism and will be available in due course for viewing at http://www.morningstar.co.uk/uk/NSM 

Enquiries

Reach plc
Simon Fox, Chief Executive Simon Fuller, Chief Financial Officer and Company Secretary		020 7293 3553
Brunswick
Nick Cosgrove, Partner		020 7404 5959
Will Medvei, Director

 

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