Result of AGM

RNS Number : 0066I

Parity Group PLC

07 June 2011

 



07 June 2011

Parity Group plc (the "Company")

Results of Annual General Meeting

The Company is pleased to announce that all the resolutions proposed at the Annual General Meeting held earlier today were passed. A summary of the proxy votes received in advance of the meeting is as follows:

	Resolution	Votes For	%	Votes Against	%	Votes Withheld
1	Report and Accounts	26,524,765	99.99	228	0.01	231
2	Directors' Remuneration Report	15,468,648	88.13	2,081,608	11.87	8,974,968
3	Elect Philip Swinstead as Director	26,524,677	99.99	516	0.01	31
4	Re-elect Roger Freeman as Director	24,444,134	92.15	2,081,044	7.85	46
5	Elect Paul Davies as Director	26,524,699	99.99	482	0.01	43
6	Elect Alastair Woolley as Director	26,523,929	99.99	1,249	0.01	46
7	Re-appoint BDO LLP as Auditors	26,524,960	99.99	255	0.01	9
8	Authorise Board to Fix Remuneration of Auditors	26,523,535	99.99	1,360	0.01	329
9	Authorise Issue of Equity with Pre-emptive Rights	26,522,134	99.98	3,057	0.02	33
10	Authorise Issue of Equity without Pre-emptive Rights	23,412,552	88.26	3,110,835	11.74	1,837
11	Authorise Market Purchase	26,524,232	99.99	979	0.01	13
12	Authorise the Company to Call EGM with Two Weeks' Notice	26,524,706	99.99	508	0.01	10

Notes:

1. The 'For' vote includes those giving the Chairman discretion.

2. 'Votes withheld' are not counted when deciding whether or not a resolution is carried.

3. The total number of Ordinary Shares in issue as at the date of the AGM Notice was 38,246,784. It should be noted that following the placing of 30,434,783 shares as announced on 26 May 2011, and as per the Total Voting Rights announcement made subsequently on 31 May 2011, the total number of shares now in issue is 68,681,567.

In accordance with LR 9.6.2R the full text of resolutions 10, 11 and 12 have been submitted to the National Storage Mechanism and will soon be available for inspection at www.Hemscott.com/nsm.do.

For Further information, please contact:

Parity Group plc                         [phone]

Paul Davies, Chief Executive

Singer Capital Markets               [phone]

Jeff Keating

MHP Communications                [phone]

John Olsen / Ian Payne

 

END

 

 

RAGEAAKXEEDFEFF