Information  X 
Enter a valid email address

Avast PLC (AVST)

  Print   

Thursday 06 May, 2021

Avast PLC

Result of AGM

RNS Number : 8307X
Avast PLC
06 May 2021
 

Avast plc

(the "Company")

 

Avast plc - Results of AGM

 

Following the annual general meeting of the Company held today (the "AGM"), the Company announces the results of the poll vote for each resolution (as set out in full in the notice of AGM (the "Notice of AGM")). Resolutions 1 - 16 (inclusive) and 20 were proposed as ordinary resolutions, whereas resolutions 17 - 19 (inclusive) and 21 were proposed as special resolutions:

 

NO.

RESOLUTION

VOTES FOR

%

VOTES AGAINST

%

VOTES TOTAL

% of ISC VOTED

VOTES WITHELD

1. 

To receive the annual accounts for the financial year ended 31 December 2020, the report of the directors, together with the reports of the auditors thereon

825,586,858

100.00%

265

0.00%

825,587,123

80.19%

446,151

2. 

To approve the directors' remuneration report for the financial year ended 31 December 2020

812,969,923

98.42%

13,049,954

1.58%

826,019,877

80.23%

13,397

3. 

To declare a final dividend of 11.2 US cents per ordinary share

825,728,609

99.96%

302,270

0.04%

826,030,879

80.23%

2,395

4. 

To re-elect John Schwarz as a director

785,853,942

95.21%

39,550,492

4.79%

825,404,434

80.17%

628,840

5. 

To re-elect Ondrej Vlcek as a director

814,264,806

98.58%

11,763,838

1.42%

826,028,644

80.23%

4,630

6. 

To re-elect Philip Marshall as a director

812,512,150

98.36%

13,516,494

1.64%

826,028,644

80.23%

4,630

7. 

To re-elect Pavel Baudiš as a director

776,285,539

94.05%

49,080,158

5.95%

825,365,697

80.16%

667,577

8. 

To re-elect Eduard Kučera as a director

776,285,539

94.05%

49,118,895

5.95%

825,404,434

80.17%

628,840

9. 

To re-elect Warren Finegold as a director

793,775,311

96.10%

32,252,333

3.90%

826,027,644

80.23%

5,630

10. 

To re-elect Maggie Chan Jones as a director

797,996,682

96.61%

28,032,212

3.39%

826,028,894

80.23%

4,380

11. 

To re-elect Tamara Minick-Scokalo as a director

823,499,405

99.69%

2,529,489

0.31%

826,028,894

80.23%

4,380

12. 

To re-elect Belinda Richards as a director

819,030,431

99.15%

6,998,463

0.85%

826,028,894

80.23%

4,380

13. 

To re-appoint Ernst & Young LLP as auditor

824,844,217

99.86%

1,184,651

0.14%

826,028,868

80.23%

4,406

14. 

To authorise the directors to set the auditor's remuneration

820,691,823

99.35%

5,337,677

0.65%

826,029,500

80.23%

3,774

15. 

To authorise the Company to make "political donations" and incur "political expenditure"

820,319,006

99.41%

4,885,034

0.59%

825,204,040

80.15%

829,234

16. 

To authorise the directors to allot shares

752,803,331

91.14%

73,227,298

8.86%

826,030,629

80.23%

2,645

17. 

Authority to disapply pre-emption rights without restriction as to use

813,770,486

99.78%

1,805,196

0.22%

815,575,682

79.21%

10,457,592

18. 

Authority to disapply pre-emption rights in connection with an acquisition or capital investment

803,244,648

98.49%

12,345,666

1.51%

815,590,314

79.22%

10,442,960

19. 

To authorise the Company to purchase its own shares

824,839,507

99.98%

148,763

0.02%

824,988,270

80.13%

1,045,004

20. 

To approve the Avast Employee Benefit Trust

825,929,003

99.99%

101,626

0.01%

826,030,629

80.23%

2,645

21. 

To authorise the Company to call a general meeting (other than an annual general meeting) on not less than 14 clear days' notice

804,479,172

97.39%

21,551,707

2.61%

826,030,879

80.23%

2,395

 

As set out in the Notice of AGM, the Company also announces, in respect of resolutions 4, 9, 10, 11, and 12, the result of the vote of the independent shareholders as follows:

 

NO.

RESOLUTION

VOTES FOR

%

VOTES AGAINST

%

VOTES TOTAL

% of ISC VOTED

VOTES WITHELD

4.

To re-elect John Schwarz as a director

428,877,865

91.56%

39,550,492

8.44%

468,428,357

69.64%

628,840

9.

To re-elect Warren Finegold as a director

436,799,234

93.12%

32,252,333

6.88%

469,051,567

69.74%

5,630

10.

To re-elect Maggie Chan Jones as a director

441,020,605

94.02%

28,032,212

5.98%

469,052,817

69.74%

4,380

11.

To re-elect Tamara Minick-Scokalo as a director

466,523,328

99.46%

2,529,489

0.54%

469,052,817

69.74%

4,380

12.

To re-elect Belinda Richards as a director

462,054,354

98.51%

6,998,463

1.49%

469,052,817

69.74%

4,380

 

Votes "for" include proxy appointments which gave discretion to the Chairman of the AGM. A "vote withheld" is not a vote under English law and is therefore not included in the calculation of votes "for"

and "against" a resolution.

 

As at 6.30 p.m. on 4 May 2021, being the time at which a person had to be registered in the Company's register of members in order to attend and vote at the AGM, the number of ordinary shares of the Company in issue was 1,029,586,270. In accordance with the Company's Articles of Association, on a poll every member present in person or by proxy has one vote for every share held.

In accordance with Listing Rule 9.6.2, copies of the resolutions passed as special business at the AGM will shortly be available for inspection on the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

A copy of the voting results shown above will also be made available on the Company's website at https://investors.avast.com/

 

Following the declaration of the final dividend by shareholders at the AGM today, a dividend of 11.2 US cents per ordinary share in the Company for the financial year ended 31 December 2020 will be paid on 18 June 2021 to those shareholders registered at the close of business on 14 May 2021.

 

Section 430(2B) Companies Act 2006 - Retirement of Ulf Claesson and Erwin Gunst

The following information is provided in accordance with Section 430(2B) of the Companies Act 2006.

 

As previously announced on 12 August 2020, Ulf Claesson and Erwin Gunst did not stand for re-election at the 2021 Annual General Meeting.  Each of their appointments as a director of the Company therefore ended on 6 May 2021.

 

Ulf and Erwin will continue to be covered by the Company's directors' and officers' insurance and their indemnity in respect of third party liabilities will continue in force according to its terms.

 

On retiring, Ulf and Erwin will not be entitled to any other payments or any payment for loss of office.

 

Enquiries:

Trudy Cooke, Company Secretary

[email protected]

 

Peter Russell, Director of Investor Relations

[email protected]

 

Stephanie Kane, VP PR and Corporate Communications

[email protected]

 

Lulu Bridges / Heather Armstrong / Tim Pearson
Tavistock

Tel: 020 7920 3150

 

 

About Avast

 

Avast (LSE:AVST), a FTSE 100 company, is a global leader in digital security and privacy products. With over 435 million users online, Avast offers products under the Avast and AVG brands that protect people from threats on the internet and the evolving IoT threat landscape. The company's threat detection network is among the most advanced in the world, using machine learning and artificial intelligence technologies to detect and stop threats in real time. Avast digital security products for Mobile, PC or Mac are top-ranked and certified by VB100, AV-Comparatives, AV-Test, SE Labs and others. Avast is a member of Coalition Against Stalkerware, No More Ransom and Internet Watch Foundation. Visit:   www.avast.com .

 

LEI  Number: 213800IR8G8LCZH4BO27

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
RAGDKABPQBKDKPK

a d v e r t i s e m e n t