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Jupiter Fund Mgmt (JUP)

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Wednesday 16 May, 2018

Jupiter Fund Mgmt

Results of the Annual General Meeting

RNS Number : 3393O
Jupiter Fund Management PLC
16 May 2018
 

Jupiter Fund Management plc (the "Company")

 

16 May 2018

 

Results of the Annual General Meeting

The Board announces that at the Annual General Meeting ("AGM") of the Company held yesterday at The Zig Zag Building, 70 Victoria Street, London SW1E 6SQ, all the resolutions set out in the Notice of Meeting were passed by the requisite majorities.

The results of the AGM resolutions, all decided by way of poll, are set out below.

Resolutions

For

% of total votes cast

Against

% of total votes against

Total votes

Votes withheld*

1.To receive the Directors' report and the audited accounts of the Company for the year ended 31 December 2017

364,519,273

98.88

4,128,717

1.12

368,647,990

2,775

2.To approve the Annual Report on Remuneration for the year ended 31 December 2017

352,924,243

95.74

15,721,771

4.26

368,646,014

4,750

3.To approve the Directors' Remuneration Policy

283,433,482

81.16

65,778,651

18.84

349,212,133

19,438,633

4.To elect Roger Yates as a Director

366,966,690

99.55

1,672,949

0.45

368,639,639

11,127

5.To re-elect Liz Airey as a Director

348,265,924

98.39

5,683,336

1.61

353,949,260

14,701,506

6.To re-elect Jonathon Bond as a Director

348,541,700

98.47

5,407,560

1.53

353,949,260

14,701,506

7.To re-elect Edward Bonham Carter as a Director

367,059,399

99.57

1,587,367

0.43

368,646,766

4,000

8.To re-elect Charlotte Jones as a Director

367,028,163

99.56

1,618,111

0.44

368,646,274

4,492

9.To re-elect Bridget Macaskill as a Director

349,656,590

98.79

4,292,670

1.21

353,949,260

14,701,506

10.To re-elect Maarten Slendebroek as a Director

367,053,985

99.57

1,587,367

0.43

368,641,352

9,414

11.To re-elect Karl Sternberg as a Director

275,150,455

74.64

93,491,542

25.36

368,641,997

7,267

12.To re-elect Polly Williams as a Director

365,566,667

99.17

3,072,239

0.83

368,638,906

11,860

13.To re-appoint PricewaterhouseCoopers LLP as the Company's auditors

361,826,326

98.15

6,822,756

1.85

368,649,082

1,683

14.To authorise the Audit and Risk Committee to fix the auditors' remuneration

366,580,925

99.44

2,068,833

0.56

368,649,758

1,007

15.To authorise the Directors to allot shares in the Company

368,638,336

100.00

9,423

0.00

368,647,759

3,007

16.To authorise political donations and political expenditure

367,605,022

99.73

987,741

0.27

368,592,763

58,003

17.To adopt the Jupiter Fund Management plc 2018 Long Term Incentive Plan

291,621,511

79.71

74,237,505

20.29

365,859,016

2,791,750

18.To adopt the Jupiter Fund Management plc 2018 Deferred Bonus Plan

362,144,343

99.27

2,673,942

0.73

364,818,285

3,832,480

19.To authorise the Directors to disapply pre-emption rights

368,423,543

99.94

224,216

0.06

368,647,759

3,007

20.To authorise the Company to purchase its own shares

364,932,765

99.02

3,628,035

0.98

368,560,800

89,965

21. To approve general meetings (other than annual general meetings) of the Company being called on 14 clear days' notice

358,192,330

97.16

10,458,436

2.84

368,650,766

0

 

*Please note that 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' or 'against' a resolution, or in the 'votes cast as a percentage of issued share capital'.

The Company is pleased that all of the resolutions put to the AGM today were passed with all of them receiving strong support, except for two resolutions which passed with just under 80% support. These results reflect a very positive engagement programme with major shareholders leading up to today's AGM. The Board also notes that in relation to resolution 11, the re-election of Karl Sternberg, the Board monitors and assesses the continuing contribution and commitment of all of its members and is satisfied that Mr Sternberg demonstrates strong enthusiasm and commitment to Jupiter and has sufficient time to devote to it. It notes that most of Mr Sternberg's external obligations are to investment trusts.

The issued share capital of the Company comprises 457,699,916 shares. Resolutions 19, 20 and 21 were passed as special resolutions.

The Company has today sent copies of the resolutions passed at the AGM concerning items other than ordinary business to the National Storage Mechanism and they are available for inspection at: http://www.morningstar.co.uk/uk/NSM.

Details of proxy votes lodged will be available shortly on the Company's website at https://www.jupiteram.com/Global/en/Investor-Relations/Shareholder-information/AGM-information.

For further information please contact:

 

                                                  Investors                                         Media

Jupiter                                       Adam Westley                                   Kate O'Neill

                                                 +44 (0)20 3817 1169                         +44 (0)20 3817 1196

 

Powerscourt                             Steve Marinker                                  Justin Griffiths

                                                 +44 (0)20 3328 9369                         +44 (0)20 7549 0999


This information is provided by RNS
The company news service from the London Stock Exchange
 
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