AGM Statement

RNS Number : 0959I

Hiscox Ltd

08 June 2011

 

Hiscox Ltd

Hiscox Ltd (the 'Company') today held its 2011 Annual General Meeting (the "AGM"). 
All resolutions put to the shareholders were passed on a show of hands. The proxy votes received from shareholders up to 48 hours prior to the meeting appointing the Chairman of the meeting on each resolution are outlined below.

Resolution	For*	%	Against	%	Withheld
1. To receive the Report and Accounts for 2010	304,003,620	99.51	1,487,275	0.49	0
2. To approve the 2010 Remuneration Report	288,362,161	94.41	17,087,833	5.59	40,900
3. To declare a final dividend of 11.5 pence per ordinary share	305,090,895	100	0	0	400,000
4. To offer a scrip dividend alternative to the cash dividend	305,484,386	99.99	2,997	.01	3,350
5. To authorise the directors to capitalise nominal amounts of new ordinary shares	305,479,917	99.99	7,681	.01	6,297
6. To re-appoint Robert Hiscox	299,993,457	99.34	1,983,836	.66	3,513,601
7. To re-appoint Bronislaw Masojada	305,117,895	99.89	334,000	.11	39,000
8. To re-appoint Robert Childs	305,156,895	99.89	334,000	.11	0
9. To re-appoint Stuart Bridges	305,117,895	99.89	334,000	.11	39,000
10. To appoint Richard Gillingwater	305,213,051	99.91	277,844	.09	0
11. To re-appoint Daniel Healy	322,066,247	99.85	466,346	.15	3,513,601
12. To re-appoint Ernst Jansen	299,959,990	99.34	1,978,303	.66	3,512,601
13. To re-appoint Dr James King	304,866,486	99.80	624,409	.2	0
14. To appoint Robert McMillan	305,213,051	99.91	277,844	.09	0
15. To re-appoint Andrea Rosen	305,213,051	99.91	277,844	.09	0
16. To re-appoint Gunnar Stolkholm	304,828,336	99.80	623,559	.2	39,000
17. To re-appoint KPMG	304,605,909	99.71	885,286	.29	300
18. To authorise the Directors to set the auditors' remuneration	304,605,574	99.71	885,321	.29	0
19. To grant options and awards under the French schedules to Hiscox share schemes	300,800,876	98.48	4,327,606	1.52	62,412
20. To renew authority given to Directors to allot shares	292,736,402	95.96	12,320,691	4.04	433,802
21. To renew the authority given to Directors to allot equity securities for cash other than on a pro-rata basis including the authority to sell or allot treasury shares	305,044,854	99.86	442,838	.14	3,203
22. To give the Company authority to purchase the Company's shares	305,482,788	99.99	8,107	.01	0

The Company's issued share capital at 6 June 2011 was 383,739,777 which excludes 22,836,487shares held in Treasury.

Proxy appointments appointing the Chairman of the meeting were received from shareholders of 305,490,895 shares representing 79.6% of the issued share capital.

* Includes those votes giving discretion to the Chairman.

A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes against the resolution.

Copies of all resolutions passed at the AGM have been submitted to the National Storage Mechanism and will shortly be available to view at www.hemscott.com/nsm.do

Charles Dupplin

Hiscox Ltd, Company Secretary

00 1 441 278 8300

8 June 2011

 

END

 

 

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