Result of AGM 2017

RNS Number : 0286F

Clarkson PLC

12 May 2017

 

12 May 2017

CLARKSON PLC

("the Company")

Results of 2017 Annual General Meeting

The Company announces that, in accordance with Listing Rule 9.6.2R, copies of the resolutions (other than those comprising ordinary business) passed at its Annual General Meeting ("AGM") held on 12 May 2017 have been submitted to the UK Listing Authority and are available for inspection at the UKLA's Document Viewing Facility located at www.morningstar.co.uk

On the date of the AGM, the number of issued shares of the Company was 30,233,179 shares which was the total number of shares entitling holders to attend and vote in respect of all resolutions.

All resolutions at the AGM were passed on a show of hands.

The following table shows the proxy votes cast for each resolution: 

	Description	In favour	Votes Cast %	Against	Votes Cast %	Discretion	Votes Cast %	Votes Withheld
1	Report & Accounts	22,986,279	98.76	166	0	289,590	1.24	8,917
2	Remuneration Report	16,966,872	72.87	6,027,724	25.89	290,590	1.24	2,281
3	Remuneration policy	16,841,377	72.33	6,106,012	26.22	336,797	1.45	3,281
4	Dividend	22,997,030	98.76	0	0	289,590	1.24	847
5	Re-elect  Mr J Hughes-Hallett	21,386,347	92.75	1,325,748	5.75	346,521	1.50	228,851
6	Re-elect  Mr A Case	22,922,883	98.44	74,408	0.32	289,590	1.24	586
7	Re-elect Mr P Anker	22,784,923	97.85	20,094	0.09	480,998	2.06	1,452
8	Re-elect Mr J D Woyda	22,538,813	96.80	456,069	1.96	289,590	1.24	752
9	Re-elect Mr P Backhouse	22,362,028	96.92	421,653	1.83	289,590	1.25	214,196
10	Re-elect Mr B Nergaard	22,543,143	96.81	448,136	1.92	294,330	1.27	1,858
11	Re-elect Mr E Warner	19,527,918	84.40	3,318,732	14.34	289,590	1.26	151,227
12	To elect Ms ML Clayton	22,336,054	96.95	413,347	1.79	289,590	1.26	248,476
13	Re-appoint of Auditors	22,834,467	98.70	10,330	0.04	289,590	1.26	153,080
14	Auditor's remuneration	22,836,087	98.08	1,066	0	445,461	1.92	4,853
15	Authority to allot shares	21,170,164	91.50	1,629,881	7.04	335,997	1.46	151,425
16	Waive pre-emption rights*	22,770,971	98.42	74,977	0.32	289,590	1.26	151,708
17	Purchase own shares*	22,972,701	98.65	24,470	0.11	289,590	1.24	706
18	Notice of general meeting*	22,648,289	97.56	277,406	1.19	289,590	1.25	63,936

* Special resolution requiring 75% majority.

The Board of Directors notes that, although the resolutions to approve the Directors' remuneration report and the remuneration policy were passed with the requisite majority, some 25.89% of votes were cast against the Directors' remuneration report resolution and 26.22% of votes were cast against the remuneration policy resolution. We have engaged with the Company's major shareholders in order to fully understand their concerns relating to the Directors' remuneration report and policy and will continue to engage with shareholders throughout the year.

Enquiries:

Clarkson PLC

Penny Watson - Group Company Secretary, Clarkson PLC                Tel:  [phone]

Camarco                                                                                         

Billy Clegg                                                                                        Tel:   [phone] 3757 4994

Jennifer Renwick           

 

END

 

 

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