Result of AGM

RNS Number : 7868O

Sage Group PLC

02 February 2023

 

RESULTS OF AGM

The Sage Group plc. ("Sage")

2 February 2023

Sage announces that all resolutions proposed to shareholders at its Annual General Meeting held on 2 February 2023 (the "AGM") were carried by the requisite majority on a poll.

The following table shows the votes cast for and against each resolution and the number of votes withheld:

	Resolutions	V otes For	Percent of votes cast for	Votes Against	Percent of votes cast against	Total votes cast (excluding votes withheld)	Percent of total voting rights voted (excluding votes withheld)	Votes withheld
1.	Receive the Annual Report and Accounts	830,198,502	100.00	16,748	0.00	830,215,250	81.06%	1,455,859
2.	Approve the Directors' Remuneration Report	820,692,437	98.77	10,256,316	1.23	830,948,753	81.13%	722,356
3.	Declare a final dividend	831,538,987	100.00	5,503	0.00	831,544,490	81.19%	126,619
4.	Elect Ms MC Jones	830,922,175	99.97	221,332	0.03	831,143,507	81.15%	520,224
5.	Re-elect Mr A Duff	819,586,804	98.63	11,351,687	1.37	830,938,491	81.13%	732,618
6.	Re-elect Ms S Anand	830,961,460	99.97	260,855	0.03	831,222,315	81.16%	448,794
7.	Re-elect Dr J Bates	820,456,479	98.71	10,730,529	1.29	831,187,008	81.16%	484,101
8.	Re-elect Mr J Bewes	824,695,309	99.22	6,487,843	0.78	831,183,152	81.16%	487,957
9.	Re-elect Ms A Court	819,233,044	98.56	11,965,959	1.44	831,199,003	81.16%	472,106
10.	Re-elect Mr D Hall	810,253,702	97.48	20,934,386	2.52	831,188,088	81.16%	483,021
11.	Re-elect Mr D Harding	830,661,066	99.94	516,799	0.06	831,177,865	81.16%	485,866
12.	Re-elect Mr S Hare	831,142,201	99.98	181,737	0.02	831,323,938	81.17%	347,171
13.	Re-elect Mr J Howell	830,570,382	99.91	735,113	0.09	831,305,495	81.17%	365,614
14.	Re-appoint the Auditors	826,942,801	99.48	4,319,271	0.52	831,262,072	81.16%	409,037
15.	Authority to determine the Auditors' remuneration	831,372,689	100.00	22,945	0.00	831,395,634	81.18%	275,475
16.	Political Donations	824,188,625	99.14	7,156,359	0.86	831,344,984	81.17%	326,125
17.	Non-executive Director fees	829,718,965	99.81	1,590,503	0.19	831,309,468	81.17%	361,641
18.	The Sage Group plc. 2019 Restricted Share Plan amendments	822,864,632	99.02	8,172,126	0.98	831,036,758	81.14%	634,351
19.	The Sage Group plc. 2023 Colleague Share Purchase Plan	829,877,651	99.83	1,405,686	0.17	831,283,337	81.17%	387,772
20.	Authority to allot new shares	797,634,221	95.95	33,702,230	4.05	831,336,451	81.17%	334,657
21.	General authority to disapply pre-emption rights*	828,532,478	99.92	629,437	0.08	829,161,915	80.96%	2,509,194
22.	Additional authority to disapply pre-emption rights*	823,561,141	99.33	5,591,207	0.67	829,152,348	80.96%	2,518,761
23.	Authority to purchase own shares on market*	826,668,680	99.43	4,721,700	0.57	831,390,380	81.18%	280,729
24.	General meetings to be held on not less than 14 clear days' notice*	794,299,916	95.54	37,070,443	4.46	831,370,359	81.18%	300,750

NOTES:

1.  * Indicates a Special Resolution requiring 75% of votes cast to be carried. 

2.  All resolutions were passed.

3.  Votes "For" and "Against" are expressed as a percentage of votes cast.

4.  Votes "For" include discretionary votes given to the Chair.

5.  A "Vote withheld" is not a vote in law and is not counted in the calculation of the votes "For" and "Against" a resolution.

6.  To view the full wording of the resolutions, please refer to the Notice of 2023 Annual General Meeting on Sage's website at www.sage.com/investors.

7.  At 6.30 pm on 31 January 2023, the total voting rights of Sage were 1,024,165,354. This is based on the issued share capital of 1,100,789,295 ordinary shares reduced by the number of treasury shares of 76,623,941.

In accordance with Listing Rule 9.6.2, copies of all the resolutions passed as special resolutions (resolutions 21 to 24 inclusive) will be submitted to the National Storage Mechanism and will shortly be available for inspection at:

https://data.fca.org.uk/#/nsm/nationalstoragemechanism

A copy of the AGM results as shown above will also be made available on Sage's website at www.sage.com/investors.

END

Name of contact:	Mohor Roy
Telephone number of contact:	[phone]

 

END

 

 

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