Result of AGM

RNS Number : 0183D

Standard Chartered PLC

09 May 2012

 



RESULT OF AGM

RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING

Wednesday 9 May 2012

Standard Chartered PLC (the 'Company') announces the result of voting on the resolutions at its Annual General Meeting ('AGM') held on Wednesday 9 May 2012, 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	458,370,954	99.01	4,567,354	0.99	77.64	726,042
2. To declare the final dividend	463,258,132	100.00	6,647	0.00	77.70	399,814
3. To approve the directors' remuneration report	415,658,499	92.56	33,425,931	7.44	75.32	14,311,180
4. To elect Mr V Shankar, who has been appointed as an executive director by the Board since the last AGM of the Company	352,561,920	99.23	2,747,126	0.77	59.59	108,339,010
5. To re-elect Mr S P Bertamini, an executive director	352,601,973	99.23	2,735,960	0.77	59.60	108,326,398
6. To re-elect Mr J S Bindra, an executive director	352,596,184	99.23	2,740,674	0.77	59.60	108,327,939
7. To re-elect Mr R Delbridge, a non-executive director	353,802,674	99.57	1,528,732	0.43	59.59	108,328,754
8. To re-elect Mr J F T Dundas, a non-executive director	461,890,830	99.65	1,631,745	0.35	77.74	141,780
9. To re-elect Miss V F Gooding CBE, a non-executive director	455,513,350	99.64	1,628,662	0.36	76.67	6,522,544
10. To re-elect Dr Han Seung-soo KBE, a non-executive director	462,012,044	99.67	1,510,870	0.33	77.74	141,814
11. To re-elect Mr S J Lowth, a non-executive director	462,029,442	99.68	1,486,900	0.32	77.74	147,852
12. To re-elect Mr R H P Markham, a non-executive director	369,588,685	80.98	86,795,460	19.02	76.54	7,226,767
13. To re-elect Ms R Markland, a non-executive director	455,480,917	99.64	1,644,174	0.36	76.67	6,522,609
14. To re-elect Mr R H Meddings, an executive director	352,588,922	99.23	2,731,908	0.77	59.59	108,327,608
15. To re-elect Mr J G H Paynter, a non-executive director	453,738,875	99.56	2,008,919	0.44	76.44	6,601,813
16. To re-elect Sir J W Peace, as Chairman	453,529,379	99.28	3,298,322	0.72	76.62	6,820,619
17. To re-elect Mr A M G Rees, an executive director	352,720,155	99.27	2,603,183	0.73	59.59	108,325,090
18. To re-elect Mr P A Sands, an executive director	442,463,734	95.59	20,423,086	4.41	77.63	761,301
19. To re-elect Mr P D Skinner, a non-executive director	455,452,834	99.63	1,672,585	0.37	76.67	6,522,759
20. To re-elect Mr O H J Stocken, a non-executive director	353,481,467	99.49	1,819,307	0.51	59.59	108,335,099
21. To re-appoint auditor	456,737,829	98.56	6,683,525	1.44	77.72	1,030,291
22. To authorise the Board to set the auditor's fees	462,750,685	99.83	770,448	0.17	77.74	120,682
23. To authorise the Company and its subsidiaries to make political donations	453,725,131	97.91	9,700,469	2.09	77.72	206,390
24. To authorise the Board to allot shares	435,808,885	94.04	27,638,810	5.96	77.73	277,469
25. To extend the authority to allot shares	440,834,693	95.13	22,577,898	4.87	77.72	234,769
26. To disapply pre-emption rights	460,608,898	99.48	2,409,559	0.52	77.66	626,647
27. To authorise the Company to buy back its ordinary shares	458,726,527	99.82	826,779	0.18	77.07	4,002,692
28. To authorise the Company to buy back its preference shares	461,430,458	99.57	1,988,324	0.43	77.72	226,901
29. To authorise the Company to call a general meeting other than an annual general meeting on not less than 14 clear days' notice	430,077,359	91.17	41,656,828	8.83	79.12	163,150

As at the date of the AGM, the number of issued shares of the Company was 2,385,002,486 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 abstain from voting in favour of any of the resolutions as set out in rule 13.40 of the Hong Kong Listing Rules. 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 596,250,621.5. 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 24 which affected a total of 226,671 voting rights.  The scrutineer of the poll was Computershare Investor Services PLC, the Company's Share Registrar.

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.

 

END

 

 

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