Result of AGM and Total Voting Rights
30 November 2010
St Ives plc - Result of Annual General Meeting 2010 and Total Voting Rights
St Ives plc ("the Company") is pleased to announce that all resolutions
proposed at the Annual General Meeting held earlier today were passed on a show
of hands. In total 251 valid proxy cards were received by the registrars voting
on average 86.52 million ordinary shares. This represents 83.45% of the issued
share capital of the Company as at today's date.
The issued share capital of the Company as at 30 November 2010 is 103,679,310
ordinary shares of 10 pence each. Each share carries one vote. The Company does
not hold any shares in treasury. The above figure may be used by shareholders
to determine if they are required to notify their interest in, or a change to
their interest in, the share capital of the Company under the Financial Service
Authority's Disclosure and Transparency Rules.
Miles Emley, as Chairman of the Company and of the Annual General Meeting, was
appointed as proxy and given instructions on how to vote on the resolutions
before the Meeting today in respect of a maximum of 99,665,701 shares and was
appointed proxy and given discretion on how to vote in respect of a maximum of
973,371 shares. His appointment as proxy and accordingly his voting rights over
these shares lapsed immediately following the Annual General Meeting.
A summary of all the proxy votes lodged 48 hours prior to the Annual General
Meeting is set out below:
Resolution Votes 'For' & Votes 'Against' Votes
'Discretionary' 'Withheld'# Number % Number % Number
Routine business
1. Report and Accounts 2010 87,613,243 99.86% 127,075 0.14% 8,675
2. Directors' Remuneration 68,165,495 83.99% 12,989,385 16.01% 6,594,113
Report
3. Dividend 87,743,178 100.00% 0 0.00% 5,815
4. Re-appoint Auditors 87,612,543 99.85% 128,830 0.15% 7,620
5. Fix remuneration of Auditors 87,733,063 99.99% 8,010 0.01% 7,920
6. Re-elect Miles Emley 86,611,404 98.85% 1,010,637 1.15% 126,952
7. Re-elect Simon Marquis 87,465,619 99.82% 160,897 0.18% 122,477
8. Re-elect Mike Butterworth 87,705,973 99.97% 30,480 0.03% 12,540
Non-routine business
9. Power to allot equity
securities pursuant to
Section 551 of the
Companies Act 2006 81,803,868 94.79% 4,498,634 5.21% 1,446,491
10. Power to allot equity
securities pursuant to
Sections 570 and 573 of the
Companies Act 2006 * 87,696,704 99.95% 42,669 0.05% 9,620
11. Authority for Company to
purchase its own ordinary
shares pursuant to
Section 693(4) of the
Companies Act 2006 * 87,716,884 99.98% 15,994 0.02% 16,115
12. Approve and adopt a new LTIP 68,386,486 84.00% 13,022,556 16.00% 6,339,951
* passed as a special resolution
# votes `Withheld' have not been included in the proportion of votes cast `For'
& `Discretionary' and `Against'.
Proxy figures will be also disclosed in the investor area of the Company's
website www.st-ives.co.uk. Copies of the resolutions passed under non-routine
business will be submitted to the National Storage Mechanism and in due course
will be available to view at: www.Hemscott.com/nsm.do by searching using St
Ives plc's code "SIV".
As previously announced David Best stood down as a director of the Company at
the end of the Annual General Meeting.
Enquiries:
Philip Harris Telephone: 020 7928 8844
Company Secretary
St Ives plc
St Ives House
Lavington Street
London SE1 0NX