Result of AGM

RNS Number : 9475X

Dalata Hotel Group PLC

02 May 2019

 

                AGM RESULTS

ISE: DHG              LSE: DAL

Dublin, 2 May 2019 | Dalata Hotel Group plc ("Dalata" or the "Group"), Ireland's largest hotel operator, today announces that all resolutions proposed at the Annual General Meeting of the Company were passed. Voting on all resolutions was conducted by poll and the results are set out below. The full text of each resolution was included in the notice of the Annual General Meeting of the Company circulated to shareholders on 01 April 2019 and made available on the Company's website www.dalatahotelgroup.com 

In accordance with the Listing Rules copies of the resolutions passed at the Annual General Meeting of the Company have been forwarded to both the Irish Stock Exchange and the UK National Storage Mechanism and will shortly be available for inspection at the following locations: -

Companies Announcements Office,

Euronext Dublin

28 Anglesea Street

Dublin 2

And

http://www.morningstar.co.uk/uk/NSM

The results of the proxy voting received for each resolution, are outlined below.

Resolution 1:

To receive and consider the annual report and accounts for the year ended 31 December 2018 together with the reports of the Directors and Auditors.

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
140,277,723	99.91%	131,255	0.09%	140,408,978	114,715	140,523,693

Resolution 2:

Recommendation for the payment of a final dividend.

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
140,523,693	100%	0	0%	140,523,693	0	140,523,693

Resolution 3:

To receive and consider the Director's Report on Remuneration for the year ended 31 December 2018.

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
139,005,024	99.64%	508,254	0.36%	139,513,278	1,010,415	140,523,693

Resolution 4 (a):

To re-appoint John Hennessy as a Director

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
139,703,269	99.42%	820,424	0.58%	140,523,693	0	140,523,693

Resolution 4 (b):

To re-appoint Pat McCann as a Director

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
137,432,731	97.80%	3,090,962	2.20%	140,523,693	0	140,523,693

Resolution 4 (c):

To re-appoint Stephen McNally as a Director.

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
137,256,075	97.67%	3,267,618	2.33%	140,523,693	0	140,523,693

Resolution 4 (d):

To re-appoint Dermot Crowley as a Director.

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
137,256,075	97.67%	3,267,618	2.33%	140,523,693	0	140,523,693

Resolution 4 (e):

To re-appoint Robert Dix as a Director.

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
127,513,076	99.68%	407,753	0.32%	127.920.829	12,602,864	140,523,693

Resolution 4 (f):

To re-appoint Alf Smiddy as a Director.

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
133,085,320	94.71%	7,438,373	5.29%	140,523,693	0	140,523,693

Resolution 4 (g):

To re-appoint Margaret Sweeney as a Director.

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
139,986,248	99.62%	537,445	0.38%	140,523,693	0	140,523,693

Resolution 5:

To authorise the Directors to determine the remuneration of the Auditors.

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
119,468,231	93.39%	8,452,598	6.61%	127,920,829	12,602,864	140,523,693

Resolution 6:

To authorise the Directors to allot shares.

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
130,630,098	92.96%	9,893,595	7.04%	140,523,693	0	140,523,693

Resolution 7:

Special resolution to authorise the Directors to dis-apply statutory

pre-emption rights.

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
140,337,693	99.87%	186,000	0%	140,523,693	0	140,523,693

Resolution 8:

Special resolution to authorise the Directors to dis-apply statutory

pre-emption rights in additional circumstances

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
133,777,278	95.20%	6,746,415	4.80%	140,523,693	0	140,523,693

Resolution 9:

Special resolution to authorise the Directors to make market purchases of the Company's shares

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
138,991,894	98.91%	1,531,799	1.09%	140,523,693	0	140,523,693

Resolution 10:

Special resolution to authorise the Directors to re-allot treasury shares

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
139,407,082	99.21%	1,116,611	0.79%	140,523,693	0	140,523,693

Resolution 11:

Special resolution to allow the Director's to call a general meeting using the shorter notice period (14 clear days)

Votes For		Votes Against		Total        Votes	Votes Withheld	Total including withheld
No.	%	No.	%			Votes
132,825,543	94.52%	7,698,150	5.48%	140,523,693	0	140,523,693

The "Vote Withheld" option is provided to enable abstention on any particular resolution. However, it should be noted that a "Vote Withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" a resolution.

ENDS

Upcoming events

Dalata expects to announce its results for the six months to 30 June 2019 on Tuesday 3 September 2019. Dalata will host a Capital Markets Day for analysts and institutional investors in London on Tuesday 5 November 2019. 

About Dalata

Dalata Hotel Group plc was founded in August 2007 and listed as a plc in March 2014. Dalata has a strategy of owning or leasing its hotels and also has a small number of management contracts. The Group's portfolio consists of 30 owned hotels, ten leased hotels and three management contracts with a total of 9,046 bedrooms. In addition to this, the Group is currently developing eight new hotels with a total of 2,193 bedrooms and these will open over the next three years. This will bring the total number of bedrooms in Dalata to over 11,000. Dalata now has close to 5,000 employees. For the full year 2018, Dalata reported revenue of €393.7 million and a profit after tax of €75.2 million. Dalata is listed on the Main Market of Euronext Dublin (DHG) and the London Stock Exchange (DAL). For further information visit: www.dalatahotelgroup.com.

Contacts
Dalata Hotel Group plc	Tel [phone]
Pat McCann, CEO	[e-mail]
Dermot Crowley, Deputy CEO, Business Development and Finance
Sean McKeon, Company Secretary and Head of Risk and Compliance
Joint Company Brokers
Davy: Anthony Farrell	Tel [phone]
Berenberg: Ben Wright	Tel [phone]
Investor Relations and PR | FTI Consulting	Tel [phone]
Melanie Farrell	[e-mail]

 

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