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Paypoint plc (PAY)

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Wednesday 22 July, 2015

Paypoint plc

PayPoint plc : AGM Statement

PayPoint plc : AGM Statement

22 July 2015

PayPoint plc (Company)
AGM and Trading Statement

PayPoint plc announces that at the Annual General Meeting held today all resolutions were passed on a show of hands. The proxy voting for the resolutions tabled at the Meeting was as follows:

ResolutionsVotes For

 
%Votes Against%Total Votes% of Issued Share Capital VotedVotes Withheld*
1. To receive the annual reports and accounts for the year ended 31 March 2015 60,502,313 99.70 185,008 0.30 60,687,321 89.13 30,575       
2. To approve the directors' remuneration report for the year ended 31 March 2015 58,729,565 97.92 1,249,449   2.08 59,979,014 88.09 738,882       
3. To declare a final dividend of 26.1p per ordinary share of the company 60,716,396 100 0 0 60,716,396 89.17 1,500
4. To elect Mr Neil Carson as a director of the company 60,499,548 99.64 217,648   0.36 60,717,196 89.18 700
5. To re-elect Mr George Earle as a director of the company 60,717,196 100 0 0 60,717,196 89.18 700
6. To re-elect Mr David Morrison as a director of the company 59,934,182 98.71 783,014   1.29 60,717,196 89.18 700
7. To re-elect Mr Stephen Rowley as a director of the company 60,531,588 99.69 185,608 0.31 60,717,196 89.18 700
8. To re-elect Mr Dominic Taylor as a director of the company 60,717,196 100 0 0 60,717,196 89.18 700
9. To re-elect Mr Tim Watkin-Rees as a director of the company 60,717,196 100 0 0 60,717,196 89.18 700
10. To re-elect Mr Nick Wiles as a director of the company 60,714,238 99.99 2,958 0.01 60,717,196 89.18 700
11. To elect Ms Gill Barr as a director of the company 60,717,396 100 0 0 60,717,396 89.18 500
12. To re-appoint Deloitte LLP as auditor of the company 56,771,226 93.52 3,936,162

 
6.48       60,707,388 89.16 10,508       
13. To authorise the directors to determine the auditor's remuneration 53,560,808 95.78 2,361,836 4.22       

 
55,922,644 82.13 4,795,252       
14. To authorise the directors to allot shares in accordance with Section 551 of the Companies Act 2006 60,711,463 99.99 4,433   0.01 60,715,896 89.17 2,000
15. To disapply statutory pre-emption rights in accordance with Section 570 of the Companies Act 2006** 60,709,746 99.99 5,650   0.01 60,715,396 89.17 2,500
16. To authorise the company to make market purchases of its ordinary shares up to 14.99% of the issued share capital** 60,708,600 99.98 9,296   0.02 60,717,896 89.18 0
17. To allow any general meeting (other than an annual general meeting) to be called on 14 days' notice** 60,039,610 98.88 678,286   1.12 60,717,896 89.18 0

*A vote withheld is not a vote in law and is not counted towards votes cast "For" or "Against" a resolution.
** Special Resolutions requiring a 75% majority

In accordance with Listing Rule 9.2.2E, Resolutions 4, 6, 7, 10 and 11 were approved by: (a) the shareholders of the Company; and (b) the independent shareholders of the Company.

The total voting rights of the Company on the day on which shareholders had to be on the register in order to be eligible to vote was 68,087,481.

The results will also be made available on the Company's website: www.paypoint.com

In accordance with LR 9.6.2, a document setting out the resolutions passed at the AGM, concerning special business has been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM  

Payment of the final dividend will be made on 23 July 2015 to shareholders who were on the shareholder register on 26 June 2015.

Trading Update
PayPoint released an interim management statement on 22 July 2015 which has been published on its website www.paypoint.com.

Enquiries
PayPoint plc
Susan Court                        01707 600300

Finsbury
Charlotte Whitley            020 7251 3801




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: PayPoint plc via Globenewswire

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