Beazley plc
AGM Results
Dublin, 25 March 2015
Beazley plc - 2015 Annual General Meeting Results
Beazley plc held its annual general meeting for shareholders at 12.00pm today and announces that all the resolutions were duly passed.
In accordance with Listing Rule 9.6.3, full details of the resolutions passed as special business will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.Hemscott.com/nsm.do.
For information, the results of the AGM are set out below. The total number of proxy votes received by the Chairman for each resolution is set out below. The number of 5p ordinary shares in issue and the number of voting rights on 25 March 2015 was 521,439,431.
Resolution No. |
Description |
Votes in Favour and discretionary |
Votes Against |
Votes Withheld |
1 |
To receive the accounts for the financial year ended 31 December 2014, together with the Directors' report and Auditor's report thereon |
399,072,832 |
4,917,185 |
5,963,861 |
2 |
To approve the Directors' Remuneration Report (excluding the Directors' Remuneration Policy) Report for the financial year ended 31 December 2014 |
390,443,369 |
13,345,945 |
6,164,564 |
3 |
To approve the payment of a second interim dividend of 6.2 pence per Ordinary Share |
409,953,469 |
0 |
409 |
4 |
To approve the payment of a special dividend of 11.8 pence per Ordinary Share |
409,953,469 |
0 |
409 |
5 |
To re-elect George Blunden as a Director of the Company |
408,091,575 |
1,852,894 |
9,409 |
6 |
To re-elect Martin Bride as a Director of the Company |
407,084,828 |
2,859,641 |
9,409 |
7 |
To re-elect Adrian Cox as a Director of the Company |
407,084,528 |
2,859,641 |
9,709 |
8 |
To re-elect Angela Crawford-Ingle as a Director of the Company |
408,831,377 |
1,113,092 |
9,409 |
9 |
To re-elect Dennis Holt as a Director of the Company |
402,979,894 |
6,964,275 |
9,709 |
10 |
To re-elect Andrew Horton as a Director of the Company |
407,084,828 |
2,859,641 |
9,409 |
11 |
To re-elect Neil Maidment as a Director of the Company |
407,084,828 |
2,859,641 |
9,409 |
12 |
To re-elect Padraic O'Connor as a Director of the Company |
408,576,206 |
1,368,263 |
9,409 |
13 |
To re-elect Vincent Sheridan as a Director of the Company |
409,046,779 |
897,690 |
9,409 |
14 |
To re-elect Ken Sroka as a Director of the Company |
408,212,611 |
1,731,858 |
9,409 |
15 |
To re-elect Rolf Tolle as a Director of the Company |
392,821,357 |
17,041,103 |
91,418 |
16 |
To re-elect Clive Washbourn as a Director of the Company |
407,084,828 |
2,859,641 |
9,409 |
17 |
To reappoint KPMG as Auditors of the Company |
397,722,300 |
5,737,949 |
6,493,629 |
18 |
To authorise the Directors to determine the Auditors' remuneration |
407,273,570 |
2,679,899 |
409 |
19 |
To authorise the Directors to allot shares |
396,218,022 |
13,720,447 |
15,409 |
20* |
To disapply pre-emption rights |
409,904,119 |
35,674 |
14,085 |
21* |
To authorise the Company to make market purchases of Ordinary Shares |
408,355,491 |
15,500 |
1,582,887 |
22* |
To allow the Company to hold general meetings (other than annual general meetings) on not less than 14 clear days' notice |
378,273,931 |
31,671,213 |
8,734 |
* Special resolution
For further information, please contact:
Beazley plc
Sian Coope
+353 (0)1 854 4700
For further information, please contact:
Beazley plc
Sian Coope
+353 (0)1 854 4700
Note to editors:
Beazley plc (BEZ.L), is the parent company of specialist insurance businesses with operations in Europe, the US, Latin America, Asia, Middle East and Australia. Beazley manages five Lloyd's syndicates and, in 2014, underwrote gross premiums worldwide of $2,021.8 million. All Lloyd's syndicates are rated A by A.M. Best.
Beazley's underwriters in the United States focus on writing a range of specialist insurance products. In the admitted market, coverage is provided by Beazley Insurance Company, Inc., an A.M. Best A rated carrier licensed in all 50 states. In the surplus lines market, coverage is provided by the Beazley syndicates at Lloyd's.
Beazley is a market leader in many of its chosen lines, which include professional indemnity, property, marine, reinsurance, accident and life, and political risks and contingency business.
For more information please go to: www.beazley.com