Result of AGM

Ashtead Group PLC

AGM Statement

10^th September 2019

ASHTEAD GROUP PLC

(the “Company”)

AGM Statement & Results

At the Annual General Meeting of the Company “Ashtead Group plc” held on 10^th September 2019 at 2:30pm, all resolutions put to shareholders were duly passed on a poll with the required majorities. The full text of each resolution is contained in the Notice of Annual General Meeting. Resolutions 1 to 14 were passed as ordinary resolutions. Resolutions 15 – 18 were passed as special resolutions.

	ORDINARY RESOLUTIONS	Votes for (including discretionary votes)	% Votes for	Votes against	% Votes against	Total no. of votes validly cast	% of the Company’s issued share capital represented  by votes validly cast	Votes withheld*
1.	That the account for the year ended 30 April 2019, the directors’ report and the auditors’ report be adopted.	333,571,679	99.99%	29,384	0.01	333,601,063	72.39	1,041,473
2.	That the directors’ remuneration report for the year ended 30 April 2019 be approved.	316,158,161	96.37%	11,924,063	3.63	328,082,224	71.19	6,560,311
3.	That the directors’ remuneration policy set out in the annual report for the year ended 30 April 2019, be approved.	327,734,740	97.94%	6,880,077	2.06	334,614,817	72.61	27,718
4.	That the final dividend 33.5 pence per ordinary share be declared for the year ended 30 April 2019.	334,340,605	99.92%	283,208	0.08	334,623,813	72.61	18,723
5.	That Paul Walker be re-elected as a director.	298,126,369	89.52%	34,895,464	10.48	333,021,833	72.26	1,620,702
6.	That Brendan Horgan be re-elected as a director.	321,239,169	96.00%	13,381,022	4.00	334,620,191	72.61	22,345
7.	That Michael Pratt be re-elected as a director.	332,403,676	99.34%	2,216,515	0.66	334,620,191	72.61	22,345
8.	That Angus Cockburn be elected as a director.	331,517,070	99.77%	758,601	0.23	332,275,671	72.10	2,366,864
9.	That Lucinda Riches be re-elected as a  director.	328,113,719	98.06%	6,506,472	1.94	334,620,191	72.61	22,345
10	That Tanya Fratto be re-elected as a   director.	331,674,294	99.12%	2,945,897	0.88	334,620,191	72.61	22,345
11	That Lindsley Ruth be elected as a director.	331,521,131	99.77%	754,540	0.23	332,275,671	72.10	2,366,864
12	That Deloitte LLP be re-appointed as auditor of the Company.	317,086,170	94.76%	17,527,465	5.24	334,613,635	72.61	28,900
13.	That the directors be authorised to fix the  remuneration of the auditor of the Company.	333,393,730	99.63%	1,225,376	0.37	334,619,106	72.61	23,430
14.	That the directors are authorised to allot the shares under section 551 (1) (a) and (b) of the Companies Act 2006.	325,151,641	97.17%	9,470,965	2.83	334,622,606	72.61	19,930
	SPECIAL RESOLUTIONS	Votes for (including discretionary votes)	% Votes for	Votes against	% Votes against	Total no. of votes validly cast	% of the Company’s issued share capital represented  by votes validly cast	Votes withheld*
15.	That the directors be empowered to disapply the provisions of section 561 (1) to (6) of the Companies Act 2006.	333,229,383	99.69%	1,050,748	0.31	334,280,131	72.54	362,405
16.	That the directors be empowered to issue shares on a non pre-emptive basis.	324,617,597	97.11%	9,662,454	2.89	334,280,051	72.54	362,484
17.	That the directors be authorised to make market purchases of the Company's shares under section 701 of the Companies Act.	329,045,548	98.37%	5,449,717	1.63	334,495,265	72.58	147,270
18.	That a general meeting other than an annual general meeting may be called on not less than 14 clear days’ notice.	312,447,989	93.79%	20,693,718	6.21	333,141,707	72.29	1,500,829

Contact:

Will Shaw – Investment Manager, 020 7726 9700