Result of AGM

RNS Number : 5020T

Renishaw PLC

24 November 2021

 

Renishaw plc (the "Company")

Results of Annual General Meeting 2021

All resolutions proposed at the Annual General Meeting ("AGM") held on 24 November 2021 were duly passed on a poll. Resolutions 1 to 13 were passed as ordinary resolutions and resolution 14 was passed as a special resolution. The result of the poll is as follows:

Resolution	Votes For	%	Votes Against	%	Votes Total	% of ISC1 Voted Excl Withheld	Votes Withheld2
1.  Receive the Annual Report 2021	62,395,301	98.23	1,125,984	1.77	63,521,285	87.27%	488,418
2.  Approve the remuneration report	61,720,584	97.15	1,812,708	2.85	63,533,292	87.28%	476,411
3.  Declare a final dividend	63,965,497	99.93	44,145	0.07	64,009,642	87.94%	61
4.  Re-elect David McMurtry as a director	48,434,138	77.32	14,206,224	22.68	62,640,362	86.06%	1,369,341
5.  Re-elect John Deer as a director	47,253,450	75.44	15,386,912	24.56	62,640,362	86.06%	1,369,341
6.  Re-elect Will Lee as a director	63,711,498	99.55	289,305	0.45	64,000,803	87.93%	8,900
7.  Re-elect Allen Roberts as a director	63,620,015	99.41	380,435	0.59	64,000,450	87.93%	9,253
8.  Re-elect Carol Chesney as a director	61,379,249	95.90	2,621,922	4.10	64,001,171	87.93%	8,532
9.  Re-elect Catherine Glickman as a director	61,064,782	95.41	2,935,747	4.59	64,000,529	87.93%	9,174
10.  Re-elect David Grant as a director	61,496,853	96.09	2,501,039	3.91	63,997,892	87.92%	9,232
11.  Re-elect John Jeans as a director	62,117,936	97.06	1,883,214	2.94	64,001,150	87.93%	8,553
12.  Re-appoint Ernst & Young LLP as auditors	63,527,062	99.26	476,478	0.74	64,003,540	87.93%	6,163
13.  Authorise the audit committee to determine the auditors' remuneration	63,997,575	99.99	7,420	0.01	64,004,995	87.93%	4,708
14.  Authorise the Company to purchase its own shares3	63,516,532	99.24	483,588	0.76	64,000,120	87.93%	9,583

¹ Issued Share Capital.

² A vote withheld is not a vote in law and is not counted towards votes cast "For" or "Against" a resolution.

³ Special resolution requiring 75% majority.

Votes of independent shareholders on the resolutions concerning the election or re-election of the independent Non-executive Directors
8.  Re-elect Carol Chesney as a director	22,925,990	89.74	2,621,922	10.26	25,547,912	74.41%	8,532
9.  Re-elect Catherine Glickman as a director	22,611,523	88.51	2,935,747	11.49	25,547,270	74.41%	9,174
10.  Re-elect David Grant as a director	23,043,594	90.21	2,501,039	9.79	25,544,633	74.40%	9,232
11.  Re-elect John Jeans as a director	23,664,677	92.63	1,883,214	7.37	25,547,891	74.41%	8,553

In accordance with Listing Rule 9.2.2E, resolutions 8 to 11 inclusive 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 72,788,543.

In accordance with Listing Rule 9.6.2R, a copy of resolution 14, which was passed as a special resolution, has been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

At the 2021 AGM, the Board was again pleased that the majority of resolutions were passed with a high level of support from shareholders. The Board has considered the votes against resolutions 4, the re-election of Sir David McMurtry (22.68%) and 5, the re-election of John Deer (24.56%). In order to better understand the reasons for these votes against, the Board has considered the views of shareholders and proxy voting agencies as to voting and voting recommendations respectively (where these had been made available to the Company for the 2021 AGM, including through engagement with the General Counsel & Company Secretary or through the year via the Senior Independent Director). The Board will continue to engage with shareholders to understand their views on this and any other significant matter.

Renishaw plc

24 November 2021

Registered office:	New Mills, Wotton-under-Edge, Gloucestershire, GL12 8JR
Registered number:	01106260, England and Wales
Contact name:	Jacqueline Conway
Contact telephone:	01453 524524

www.renishaw.com

 

END

 

 

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