7 November 2018
Redrow plc
Result of AGM
Redrow plc (the "Company") announces that at its annual general meeting ("AGM") held earlier today all resolutions put to the meeting were passed by way of a poll and the results of the poll are set out below.
For shareholders' information, the current issued share capital of the Company is 369,799,938 shares and shareholders are entitled to one vote per share held.
|
|
Votes For (inc. discretionary) |
Votes Against |
Votes Total (exc. Votes Withheld) |
|
|||
|
Resolution |
No. of shares |
% |
No. of shares |
% |
No. of |
% of Issued Share Capital |
Votes Withheld (1) |
1 |
To receive the 2018 Directors' and Auditors' reports and financial statements |
296,028,662 |
100.00 |
1,025 |
0.00 |
296,029,687 |
80.05 |
307,911 |
2 |
To approve the final dividend |
296,203,818 |
99.96 |
133,255 |
0.04 |
296,337,073 |
80.13 |
525 |
3 |
To re-appoint Steve Morgan |
291,013,360 |
98.51 |
4,388,428 |
1.49 |
295,401,788 |
79.88 |
935,809 |
4 |
To re-appoint John Tutte |
293,605,471 |
99.08 |
2,721,528 |
0.92 |
296,326,999 |
80.13 |
10,599 |
5 |
To re-appoint Barbara Richmond |
292,304,541 |
98.65 |
3,987,718 |
1.35 |
296,292,259 |
80.12 |
45,339 |
6 |
To re-appoint Nick Hewson |
281,004,983 |
94.84 |
15,292,281 |
5.16 |
296,297,264 |
80.12 |
40,334 |
6(2) |
To re-appoint Nick Hewson |
160,301,031 |
91.29 |
15,292,281 |
8.71 |
175,593,312 |
70.52 |
40,334 |
7 |
To re-appoint Sir Michael Lyons |
282,871,787 |
95.47 |
13,422,748 |
4.53 |
296,294,535 |
80.12 |
43,063 |
7(2) |
To re-appoint Sir Michael Lyons |
162,167,835 |
92.36 |
13,422,748 |
7.64 |
175,590,583 |
70.52 |
43,063 |
8 |
To appoint Vanda Murray |
282,875,046 |
95.47 |
13,411,904 |
4.53 |
296,286,950 |
80.12 |
50,263 |
8(2) |
To appoint Vanda Murray |
162,171,094 |
92.36 |
13,411,904 |
7.64 |
175,582,998 |
70.52 |
50,263 |
9 |
To re-appoint PricewaterhouseCoopers LLP as Auditors |
294,557,502 |
99.40 |
1,763,110 |
0.60 |
296,320,612 |
80.13 |
16,985 |
10 |
To authorise the Directors to determine the Auditors fees |
295,740,008 |
99.80 |
588,372 |
0.20 |
296,328,380 |
80.13 |
9,218 |
11 |
To approve the Directors' remuneration report |
293,829,228 |
99.35 |
1,909,852 |
0.65 |
295,739,080 |
79.97 |
598,132 |
12 |
To give the Directors authority to allot shares in the Company |
292,727,608 |
98.79 |
3,589,611 |
1.21 |
296,317,219 |
80.13 |
19,994 |
13 |
To dis-apply pre-emption rights (general power) |
296,149,897 |
99.94 |
167,824 |
0.06 |
296,317,721 |
80.13 |
19,877 |
14 |
To dis-apply pre-emption rights (additional power for financing specific transactions) |
291,694,581 |
98.44 |
4,621,488 |
1.56 |
296,316,069 |
80.13 |
21,528 |
15 |
To approve the calling of general meetings on 14 days' notice |
289,306,905 |
97.63 |
7,015,199 |
2.37 |
296,322,104 |
80.13 |
15,494 |
(1) A 'vote withheld' is not a vote in law and is not counted in the proportion of votes 'for' or 'against' a resolution. All percentages are calculated to two decimal places
(2) In accordance with the Listing Rules, Resolutions 6, 7 and 8 must be approved by a simple majority of all shareholders and by a simple majority of the independent shareholders, 6(2), 7(2) and 8(2) above sets out the results of the independent shareholder vote.
The payment date of the dividend approved by Resolution 2 will be 13 November 2018.
In compliance with Listing Rule 9.6.2R, copies of Resolutions 12, 13, 14 and 15 have been forwarded to the UK Listing Authority for publication through the National Storage Mechanism where they will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.
Results of the poll can also be viewed on the Company's website at http://investors.redrowplc.co.uk/shareholder-information.
Graham Cope
Company Secretary
01244 520044
LEI Number:
2138008WJZBBA7EYEL28
Announcement Classification:
3.1: Additional regulated information required to be disclosed under the laws of a Member State