Result of AGM

Smiths News PLC

31 January 2024

 

31 January 2024

 

SMITHS NEWS PLC

Result of 2024 Annual General Meeting

Smiths News plc announces that at its Annual General Meeting (AGM) held at 11.30am today all resolutions put to the meeting were duly passed by shareholders by way of a poll.  The voting results are shown below.

Resolution		For		Against		Withheld
		No. of votes	%	No. of votes	%	No. of votes
1	To receive the Annual Report and Accounts for the 52-week period ended 26 August 2023	144,040,479	100.00%	3,223	0.00%	51,305
2	To approve the directors' remuneration report for the 52-week period ended 26 August 2023	127,710,514	88.72%	16,243,992	11.28%	140,501
3	To declare a final dividend	144,080,634	100.00%	0	0.00%	14,373
3	To re-elect David Blackwood	139,957,926	97.21%	4,020,543	2.79%	116,538
5	To re-elect Jonathan Bunting	143,792,368	99.82%	253,123	0.18%	49,516
6	To re-elect Denise Collis	132,924,709	99.52%	634,889	0.48%	10,535,409
7	To re-elect Michael Holt	143,414,237	99.56%	632,332	0.44%	48,438
8	To re-elect Mark Whiteling	143,414,363	99.56%	627,737	0.44%	52,907
9	To re-elect Paul Baker	143,806,192	99.83%	247,298	0.17%	41,517
10	To elect Deborah Rabey	143,900,095	99.90%	143,006	0.10%	51,906
11	To re-appoint the auditor	144,035,126	99.98%	25,259	0.02%	34,622
12	To authorise the Audit Committee to determine the auditor's remuneration	143,961,402	99.98%	26,749	0.02%	106,856
13	Authority to make political donations	108,529,201	99.43%	620,971	0.57%	34,944,835
14	Authority to allot shares	133,186,343	92.46%	10,866,310	7.54%	42,354
15	Authority to partially disapply pre-emption rights*	143,364,512	99.56%	628,660	0.44%	101,835
16	Authority to make market purchases of ordinary shares*	143,936,766	99.90%	144,595	0.10%	13,646
17	Authority to call general meetings (other than the AGM) on 14 clear days' notice*	119,371,416	99.77%	276,591	0.23%	24,447,000

* Special resolution requiring 75% majority of those votes cast at the meeting.

Notes:

1.    Percentages are rounded to two decimal places.

2.    Where shareholders appointed the Chairman as their proxy with discretion as to voting, their votes were cast in favour of the resolutions and have been included in the "For" total.

3.    A "vote withheld" is not a vote in law and is not counted in the calculation of the percentages of the votes cast for and against a resolution.

4.    The number of votes validly cast were in respect of 144,081,361 shares, representing 58.18% of the 247,659,200 issued share capital of the Company, being the total number of shares in issue at 6.30pm on 30^th January 2024.

5.    The full text of all of the resolutions is set out in the Notice of AGM dated 4 December 2023 which is available on the Company's website.  Resolutions 15, 16 and 17 were special resolutions, requiring 75% majority of those votes cast at the meeting. 

6.    In accordance with Listing Rule 9.6.2, a copy of the special business passed at the AGM, being resolutions 14, 15, 16 and 17, has been submitted to the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism  

7.    The results of the AGM voting will also be made available on the Company's website at https://www.smithsnews.co.uk/investor-zone 

 

END