Result of AGM

RNS Number : 0562G

Standard Chartered PLC

05 May 2011

 



RESULT OF AGM

RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING

Thursday 5 May 2011

Standard Chartered PLC (the 'Company') announces the result of voting on the resolutions at its Annual General Meeting ('AGM') held on Thursday 5 May 2011, as set out in the AGM notice.

A poll was held on each of the resolutions and was passed by the required majority. Resolutions 1 to 25 as ordinary resolutions and resolutions 26 to 29 as special resolutions were passed and the results of the poll were as follows:

Resolution	Votes For	%	Votes Against	%	% of ISC Voted	Votes Withheld
1. To receive the report and accounts	435,892,964	99.86	629,659	0.14	74.18	430,075
2. To declare the final dividend	436,829,863	100.00	2,333	0.00	74.23	120,462
3. To approve the directors' remuneration report	343,154,155	92.16	29,201,266	7.84	63.27	62,711,523
4. To re-elect Mr S P Bertamini, an executive director	433,359,304	99.18	3,561,444	0.82	74.24	22,481
5. To re-elect Mr J S Bindra, an executive director	435,192,800	99.61	1,715,744	0.39	74.24	22,422
6. To re-elect Mr R Delbridge, a non-executive director	435,794,250	99.75	1,113,307	0.25	74.24	27,389
7. To re-elect Mr J F T Dundas, a non-executive director	435,805,599	99.75	1,105,420	0.25	74.24	23,451
8. To re-elect Miss V F Gooding CBE, a non-executive director	426,399,777	97.60	10,503,653	2.40	74.24	25,551
9. To re-elect Dr Han Seung-soo KBE, a non-executive director	435,786,321	99.74	1,120,841	0.26	74.24	24,844
10. To re-elect Mr S J Lowth, a non-executive director	433,240,084	99.62	1,642,614	0.38	73.90	1,981,491
11. To re-elect Mr R H P Markham, a non-executive director	429,334,252	99.27	3,158,630	0.73	73.49	4,441,162
12. To re-elect Ms R Markland, a non-executive director	424,372,318	97.58	10,507,277	2.42	73.90	1,980,029
13. To re-elect Mr R H Meddings, an executive director	435,196,406	99.61	1,712,833	0.39	74.24	24,089
14. To re-elect Mr J G H Paynter, a non-executive director	424,352,987	97.58	10,527,948	2.42	73.90	1,981,411
15. To re-elect Mr J W Peace, as Chairman	423,067,066	96.83	13,847,767	3.17	74.24	20,653
16. To re-elect Mr A M G Rees, an executive director	435,189,930	99.60	1,728,427	0.40	74.24	16,787
17. To re-elect Mr P A Sands, an executive director	416,904,608	96.02	17,286,310	3.98	73.78	2,743,824
18. To re-elect Mr P D Skinner, a non-executive director	426,322,808	97.58	10,587,817	2.42	74.24	25,018
19. To re-elect Mr O H J Stocken, a non-executive director	435,735,609	99.73	1,176,552	0.27	74.24	23,311
20. To re-appoint the auditor	434,021,285	99.63	1,616,526	0.37	74.03	1,294,703
21. To authorise the board to set the auditor's fees	435,948,661	99.81	846,881	0.19	74.22	138,116
22. To authorise the Company and its subsidiaries to make political donations	423,072,115	96.88	13,605,944	3.12	74.20	249,919
23. To authorise the board to allot shares	418,672,791	95.85	18,113,397	4.15	74.22	147,737
24. To extend the authority to allot shares	424,068,543	97.06	12,844,006	2.94	74.24	21,284
25. To approve the 2011 Standard Chartered Share Plan	409,381,384	94.81	22,401,877	5.19	73.37	5,029,646
26. To disapply pre-emption rights	430,229,760	98.47	6,671,027	1.53	74.24	30,011
27. To authorise the Company to buy back its ordinary shares	430,826,188	99.50	2,143,471	0.50	73.57	3,945,640
28. To authorise the Company to buy back its preference shares	435,588,712	99.70	1,330,627	0.30	74.24	11,474
29. To authorise the Company to call a general meeting other than an annual general meeting on not less than 14 clear days' notice	411,589,382	94.21	25,302,377	5.79	74.24	42,403

As at the date of the AGM, the number of issued shares of the Company was 2,353,973,898 shares, which was the total number of shares entitling the holders to attend and vote for or against all resolutions.  There was no share entitling the holder to attend and vote only against any of the resolutions. In accordance with the Company's Articles of Association, on a poll every member shall have one vote for every four shares held, therefore the total number of voting rights was 588,493,474.5. Votes withheld are not votes in law and, therefore, have not been counted in the calculation of the proportion of votes for and against a resolution. Proxy appointments which gave discretion to the Chairman have been included in the 'for' total.

There were no restrictions on any shareholders to cast votes on any of the resolutions proposed at the AGM, save for the executive directors of the Company and their associates who were required to abstain from resolution 23.  The scrutineer of the poll was Computershare Investor Services PLC.

The resolutions put to shareholders at the AGM today have been submitted to the UK Listing Authority, and will shortly be available for inspection at the UK Listing Authority's National Storage Mechanism, which can be accessed at http://www.hemscott.com/nsm.do.

 

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