Result of AGM

RNS Number : 1804G

Halma PLC

22 July 2021

 

Halma plc Results of Annual General Meeting 2021 At the Annual General Meeting (AGM) of Halma plc held today, all the resolutions contained in the Notice of Meeting and put to the meeting were duly passed. Resolutions 1 to 17 were passed as ordinary resolutions and resolutions 18 to 21 were passed as special resolutions. The results of the poll are set out below. Resolution  Votes For* % Votes Against % Votes Total %  Voted Votes Withheld** 1 Annual Report and Accounts 301,042,146 100.00 37 0.00 301,042,183 79.30% 175,256 2 Declaration of final dividend 300,526,090 99.78 673,428 0.22 301,199,518 79.34% 24,421 3 Remuneration Report 278,654,743 92.88 21,366,458 7.12 300,021,201 79.03% 1,202,738 4 Remuneration Policy 176,723,996 60.18 116,952,309 39.82 293,676,305 77.36% 7,547,634 5 Election of Dame Louise Makin 300,703,831 99.86 420,659 0.14 301,124,490 79.32% 99,449 6 Election of Dharmash Mistry 301,063,746 99.98 52,900 0.02 301,116,646 79.32% 107,293 7 Re-election of Carole Cran 267,765,435 88.91 33,401,341 11.09 301,166,776 79.33% 57,163 8 Re-election of Jo Harlow 263,310,946 87.43 37,855,546 12.57 301,166,492 79.33% 57,447 9 Re-election of Tony Rice 251,678,500 83.57 49,486,733 16.43 301,165,233 79.33% 58,706 10 Re-election of Marc Ronchetti 300,574,717 99.80 588,670 0.20 301,163,387 79.33% 60,552 11 Re-election of Roy Twite 267,620,064 88.88 33,480,216 11.12 301,100,280 79.31% 123,659 12 Re-election of Jennifer Ward 300,697,769 99.85 459,253 0.15 301,157,022 79.33% 66,917 13 Re-election of Andrew Williams 284,155,649 94.35 17,011,231 5.65 301,166,880 79.33% 57,059 14 Re-appointment of Auditor 299,530,803 99.47 1,592,144 0.53 301,122,947 79.32% 100,992 15 Remuneration of Auditor 300,681,877 99.85 444,021 0.15 301,125,898 79.32% 98,041 16 Authority to allot shares 294,564,439 97.81 6,590,482 2.19 301,154,921 79.33% 69,017 17 Authority to make political donations 292,781,368 97.23 8,343,991 2.77 301,125,359 79.32% 98,280 18 Disapplication of pre-emption rights 298,466,323 99.11 2,685,981 0.89 301,152,304 79.32% 71,435 19 Additional disapplication of pre-emption rights 292,226,899 97.04 8,925,505 2.96 301,152,404 79.32% 71,535 20 Authority to purchase own shares 295,479,918 98.44 4,688,007 1.56 300,167,925 79.07% 1,056,014 21 Notice of general meetings 278,838,624 92.59 22,330,739 7.41 301,169,363 79.33% 54,576 * Includes discretionary votes. ** A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution. During 2020/21, the Remuneration Committee consulted extensively with Halma's largest shareholders, proxy advisors and shareholder representative organisations on the proposed Directors' Remuneration Report (Resolution 3) and the proposed Directors' Remuneration Policy (Resolution 4). The Board was pleased to note that 92.88% of shareholders voted in support of the proposed Directors' Remuneration Report. Accordingly, the fiscal year 2022 salary change noted in the report will be implemented by the Remuneration Committee with effect from 1 June 2021.    The Board was also pleased to note that 60.18% of shareholders voted in support of the proposed Directors' Remuneration Policy, the first substantial change for six years. Accordingly, the Policy will take effect for three years from fiscal year 2022 and will be implemented by the Remuneration Committee. The Board acknowledges that some shareholders did not support the Policy, in part due to the impact of concurrent increases in Executive Director salaries, the potential Bonus maximum award and the potential Long Term Incentive Plan (LTIP) maximum award, with 39.82% of shareholders voting against Resolution 4. The Board will engage with shareholders in relation to these matters in the coming months. As part of this consultation, the Board will seek to fully understand the reasons behind these votes against and will provide an update in accordance with the UK Corporate Governance Code within six months of the Annual General Meeting. A copy of the resolutions passed at the AGM other than resolutions concerning ordinary business will shortly be available for inspection via the National Storage Mechanism at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism For further information, please contact: Mark Jenkins Company Secretary, Halma plc Tel: [phone] About Halma Halma is a global group of life-saving technology companies, focused on growing a safer, cleaner and healthier future for people worldwide. Our innovative products and solutions address many of the key issues facing the world today. We operate in three sectors: Safety, Medical and Environmental & Analysis. We employ over 7,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia-Pacific. We target global niche markets where sustainable growth and high returns are supported by long-term drivers. Halma is listed on the London Stock Exchange and has been a member of the FTSE 100 index since December 2017.

 

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