AGM Results

RNS Number : 5833D

Schroders PLC

27 April 2017

 

Schroders plc ('Schroders')

Annual General Meeting ('AGM') 2017 Results

A poll was held on each of the resolutions proposed at the AGM held earlier today.  All resolutions were passed and the results are as follows:

	Resolution	For (including discretionary)	%	Against	%	Withheld	Votes cast as a percentage of Schroders issued ordinary share capital
1	To receive the Report & Accounts	194,331,625	99.64	711,118	0.36	5,066	86.29%
2	To declare the Final Dividend	195,042,744	100.00	0	0.00	5,066	86.29%
3	To approve the Remuneration report	184,444,561	94.74	10,235,976	5.26	367,271	86.13%
4	To approve the Remuneration policy	181,963,125	93.51	12,623,229	6.49	461,454	86.09%
5	To elect Ian King	194,995,247	99.98	38,048	0.02	14,515	86.29%
5*	To elect Ian King	86,671,536	99.96	38,048	0.04	14,515	73.67%
6	To elect Rakhi Goss-Custard	194,505,023	99.73	528,922	0.27	13,865	86.29%
6*	To elect Rakhi Goss-Custard	86,181,312	99.39	528,922	0.61	13,865	73.67%
7	To re-elect Michael Dobson	187,418,655	96.37	7,061,144	3.63	568,008	86.04%
8	To re-elect Peter Harrison	194,807,596	99.88	226,349	0.12	13,865	86.29%
9	To re-elect Richard Keers	194,618,985	99.79	415,320	0.21	13,505	86.29%
10	To re-elect Lord Howard of Penrith	191,478,877	98.18	3,555,100	1.82	13,832	86.29%
10*	To re-elect Lord Howard of Penrith	83,155,166	95.90	3,555,100	4.10	13,832	73.67%
11	To re-elect Robin Buchanan	194,894,275	99.93	139,670	0.07	13,865	86.29%
11*	To re-elect Robin Buchanan	86,570,564	99.84	139,670	0.16	13,865	73.67%
12	To re-elect Rhian Davies	194,869,627	99.92	164,647	0.08	13,536	86.29%
12*	To re-elect Rhian Davies	86,545,916	99.81	164,647	0.19	13,536	73.67%
13	To re-elect Nichola Pease	194,893,938	99.93	140,367	0.07	13,505	86.29%
13*	To re-elect Nichola Pease	86,570,227	99.84	140,367	0.16	13,505	73.67%
14	To re-elect Philip Mallinckrodt	189,810,598	97.32	5,231,752	2.68	5,459	86.29%
15	To re-elect Bruno Schroder	191,599,569	98.25	3,413,141	1.75	35,099	86.28%
16	To re-appoint PricewaterhouseCoopers LLP as auditors	194,774,881	99.89	211,413	0.11	61,515	86.27%
17	To authorise the Audit and Risk Committee to determine the auditors' remuneration	194,956,348	99.96	85,694	0.04	5,767	86.29%
18	To renew the authority to allot shares	194,774,314	99.86	267,477	0.14	6,019	86.29%
19	To renew the authority to purchase own shares	194,842,050	99.94	121,422	0.06	84,338	86.26%
20	Notice of general meetings	191,914,933	98.40	3,123,490	1.60	9,386	86.29%

For the purposes of section 341 of the Companies Act 2006, the votes validly cast are expressed in the table above as a percentage of Schroders' total issued ordinary share capital as at 11.30am on 25 April 2017, being the time at which a shareholder had to be registered in the register of members in order to attend and vote at the AGM.  A vote "withheld" is not a vote in law and has not been counted as a vote "for" or "against" a resolution.

The number of ordinary shares in issue at the date of this announcement is 226,022,400.

Resolutions 19 and 20 were passed as special resolutions.  Copies of resolutions 18, 19 and 20 will be filed at Companies House.

In accordance with Listing Rule 9.2.2E, to be passed resolutions 5, 6 and 10 to 13 must be approved by a simple majority of all shareholders and by a simple majority of the independent shareholders. The results of the independent shareholder vote on the applicable Resolutions are set out in 5*, 6* and 10* to 13* above.

In accordance with LR 9.6.2, a copy of the resolutions passed, other than resolutions concerning ordinary business, at today's AGM will be submitted to the National Storage Mechanism and will be available for inspection at http://www.morningstar.co.uk/uk/NSM.

Enquiries:

Graham Staples

Company Secretary

Schroders plc

Tel: [phone]

27 April 2017

 

END

 

 

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