Results of Annual General Meeting

RNS Number : 3081S

Braemar Shipping Services PLC

22 June 2018

 

22 June 2018

BRAEMAR SHIPPING SERVICES PLC

("Braemar", the "Company" or the "Group")

Results of Annual General Meeting

Braemar Shipping Services plc (LSE: BMS), a leading international provider of broking, financial, consultancy, technical and logistics services to the shipping, marine, energy, offshore and insurance industries, is pleased to announce that each of the resolutions proposed at its Annual General Meeting (the "AGM") held earlier today were duly passed by means of a poll vote.

The poll results were as follows:

	Resolution	Votes For	% For	Votes Against	% Against	Total Votes	% of ISC voted	Votes Withheld
1	Receipt of the audited annual accounts and reports	10,773,132	99.98	1,822	0.02	10,774,954	34.28	17,294
2	Receipt of the directors' remuneration report (other than the remuneration policy)	9,439,421	87.60	1,336,496	12.40	10,775,917	34.28	16,331
3	Declare a final dividend	10,778,692	99.99	622	0.01	10,779,314	34.29	12,934
4	Re-election of David Moorhouse as a director	9,486,754	87.92	1,303,897	12.08	10,790,651	34.33	1,597
5	Re-election of Mark Tracey as a director	8,942,252	82.97	1,835,278	17.03	10,777,530	34.28	14,718
6	Re-election of Jürgen Breuer as a director	9,432,711	98.34	159,329	1.66	9,592,040	30.51	1,200,208
7	Re-election of Lesley Watkins as a director	10,623,974	98.58	153,556	1.42	10,777,530	34.28	14,718
8	Re-election of James Kidwell as a director	9,469,145	88.92	1,179,992	11.08	10,649,137	33.88	143,111
9	Re-appointment of KPMG LLP as auditors	10,590,219	98.29	184,628	1.71	10,774,847	34.28	17,401
10	Authority to determine the auditor's remuneration	10,767,011	99.91	9,177	0.09	10,776,188	34.28	16,060
11	Authority to allot share capital	9,470,019	87.77	1,319,470	12.23	10,789,489	34.32	2,759
12	Authority to dis-apply pre-emption rights*	9,439,536	87.52	1,345,538	12.48	10,785,074	34.31	7,174
13	Authority of directors to further dis-apply pre-emption rights*	9,440,977	87.53	1,344,597	12.47	10,785,574	34.31	6,674
14	Authority to purchase own shares*	10,742,454	99.72	30,428	0.28	10,772,882	34.27	19,366
15	Authority to call a general meeting (other than the Annual General Meeting) on 14 clear days' notice*	9,486,912	87.93	1,302,636	12.07	10,789,548	34.32	2,700

* indicates special resolutions requiring a 75% majority.

Please note that a vote withheld is not a vote under English law and is not counted in the calculation of the votes "for" and "against" a resolution.  The total voting rights that members were entitled to exercise at the AGM were 31,436,351.

For further information, please contact:

Braemar Shipping Services plc
James Kidwell, Chief Executive	Tel [phone]
Peter Mason, Company Secretary	Tel [phone]
Stockdale Securities
Robert Finlay / Antonio Bossi / Henry Willcocks	Tel [phone]
Buchanan
Charles Ryland / Stephanie Watson / Tilly Abraham	Tel [phone]

Notes to Editors:

 About Braemar Shipping Services plc

Braemar Shipping Services plc is a leading international provider of knowledge and skill-based services to the shipping, marine, energy, offshore and insurance industries. Founded in 1972, Braemar employs approximately 800 people in more than 70 locations worldwide across its Shipbroking, Technical, Logistics and Financial divisions.  

 Braemar joined the Official List of the London Stock Exchange in November 1997 and trades under the symbol BMS.

For more information, including our investor presentations, visit www.braemar.com.

 

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