Results of the Annual General Meeting

RNS Number : 4696G

Stobart Group Limited

23 July 2019

 

23 July 2019

STOBART GROUP LIMITED

('Stobart Group' or 'the Group')

Result of AGM

Stobart Group, the aviation, energy and civil engineering group, announces the result of voting on the resolutions at its Annual General Meeting, held at 11.00 a.m. on 23 July 2019.

A poll was held on each of the resolutions. Resolutions 1 to 16 in the Notice of Annual General Meeting were passed by the required majority.

The results of the poll on each resolution are set out below.

	For		Against		TOTAL VOTES CAST	Votes withheld
Resolution	No. of votes	%	No. of votes	%	No. of votes	No. of votes
1.  To receive the Company's Annual Accounts, Directors' Report and Auditor's Report.	271,470,402	99.98	65,878	0.02	271,536,280	254,108
2.  Declare a final dividend of 3.0 pence per ordinary share.	271,702,648	100.00	3,636	0.00	271,706,284	84,105
3.  To re-elect Warwick Brady as a Director.	239,876,801	92.31	19,980,094	7.69	259,856,895	11,933,493
4. To re-elect John Coombs as a Director.	211,226,321	80.14	52,344,285	19.86	263,570,606	8,219,782
5.  To approve the appointment of Nick Dilworth as a Director.	271,484,184	99.93	190,776	0.07	271,674,960	115,429
6.  To approve the appointment of Ginny Pulbrook as a Director.	271,593,334	99.97	78,181	0.03	271,671,515	118,874
7.  To approve the appointment of David Blackwood as a Director.	271,591,366	99.98	62,785	0.02	271,654,151	136,238
8.  To approve the appointment of Lewis Girdwood as a Director.	271,503,353	99.94	158,339	0.06	271,661,692	128,697
9.  To approve the appointment of David Shearer as a Director.	271,041,462	99.78	607,124	0.22	271,648,586	141,802
10. To re-appoint KPMG LLP as Auditors.	270,307,766	99.90	277,294	0.10	270,585,060	1,205,328
11. Authorise the Directors to agree the Auditor's remuneration.	267,478,180	98.49	4,092,250	1.51	271,570,430	219,958
12. Approve the Directors' Remuneration Report.	188,888,333	82.25	40,760,105	17.75	229,648,438	42,141,950
13. Authorise the allotment of shares.	271,378,955	99.92	229,479	0.08	271,608,434	181,955
14. Disapply pre-emption rights on the issue of shares in the Company.	241,123,477	88.82	30,350,374	11.18	271,473,851	316,538
15. Ratify the Put Option and disapply pre-emption rights on the issue of shares in connection with the Put Option and Commitment Agreement.	264,710,061	97.51	6,752,163	2.49	271,462,224	328,164
16. Authorise purchase of own shares.	270,379,542	99.54	1,240,803	0.46	271,620,345	170,043

The number of ordinary shares in issue on 23 July 2019 was 370,821,715. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes 'For' or 'Against' a resolution.

A copy of resolutions 13, 14, 15 and 16 (being the special business of the Annual General Meeting, as set out in the notice of the Annual General Meeting) passed, will shortly be submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/nsm

Enquiries:
Stobart Group Limited
Charlie Geller, Group Head of Communications	Via Newgate Communications
Newgate Communications	[phone]
Robin Tozer/ Ian Silvera	[e-mail]

 

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