leadf
logo-loader
RNS
viewCostain Group

Costain Group PLC - Result of AGM

RNS Number : 5219Q
Costain Group PLC
19 June 2020
 

Costain Group PLC

(the "Company")

 

Results of 2020 AGM

 

At the Company's Annual General Meeting held on 19 June 2020 (the "AGM"), the resolutions set out in the Notice of Meeting, circulated to shareholders on 18 May 2020, were passed by the requisite majorities. The meeting was convened with the minimum necessary quorum of two shareholders. Resolutions 1 to 13 were passed as ordinary resolutions and Resolutions 14 to 17 were passed as special resolutions.

 

As at 6.30pm on 17 May 2020, the number of issued shares in the Company was 274,949,741 ordinary shares, which was the total number of shares entitling the holders to attend and vote for or against all the resolutions at the AGM. In accordance with the Company's Articles of Association, the resolutions were put to the meeting on a poll in which every member present in person or by proxy had one vote for every share held.

 

The poll results, on which Equiniti, the Company's registrar, acted as scrutineer, are as follows:

 

RESOLUTION

 

 

 

NUMBER OF VOTES

FOR

% of Votes Cast

NUMBER OF VOTES AGAINST

% of Votes Cast

TOTAL VOTES

CAST

% of

Voting Capital

NUMBER OF VOTES WITHHELD

Resolution 1

Receive the 2019 Annual Report and Accounts

 

191,083,758

99.96

74,456

0.04

191,158,214

69.52%

12,334

Resolution 2

Approve the Directors' Remuneration Report (other than the policy in Resolution 3 below)

 

190,776,383

99.82

336,109

0.18

191,112,492

69.51%

58,057

Resolution 3

Approve the Directors' Remuneration Policy

 

172,127,866

90.09

18,941,374

9.91

191,069,240

69.49%

101,308

Resolution 4

Re-elect

Dr Paul Golby

 

189,003,823

98.88

2,144,242

1.12

191,148,065

69.52%

22,483

Resolution 5

Elect

Mr Alex Vaughan

 

191,048,699

99.95

86,050

0.05

191,134,749

69.52%

35,800

Resolution 6

Re-elect

Mr Anthony Bickerstaff

 

190,990,155

99.93

133,615

0.07

191,123,770

69.51%

46,778

Resolution 7

Re-elect

Ms Jane Lodge

 

188,835,812

98.80

2,292,860

1.20

191,128,672

69.51%

41,876

Resolution 8

Re-elect

Ms Alison Wood

 

191,014,233

99.94

114,083

0.06

191,128,316

69.51%

42,233

Resolution 9

Re-elect

Ms Jacqueline de Rojas

 

190,925,703

99.89

203,298

0.11

191,129,001

69.51%

41,548

Resolution 10

Re-appoint PwC

as auditor

 

190,898,785

99.92

152,518

0.08

191,051,303

69.49%

119,246

RESOLUTION

 

 

 

NUMBER OF VOTES

FOR

% of Votes Cast

NUMBER OF VOTES AGAINST

% of Votes Cast

TOTAL VOTES

CAST

% of

Voting Capital

NUMBER OF VOTES WITHHELD

Resolution 11

Authorise the auditor's remuneration

 

191,046,561

99.96

76,378

0.04

191,122,939

69.51%

47,610

Resolution 12

Authorise political donations

 

185,175,132

96.89

5,946,719

3.11

191,121,851

69.51%

48,698

Resolution 13

Authorise the allotment of shares

 

190,751,325

99.79

394,535

0.21

191,145,860

69.52%

24,689

Resolution 14

Approve the disapplication of pre-emption rights (general)

 

190,813,201

99.85

295,591

0.15

191,108,792

69.51%

61,757

Resolution 15

Approve the disapplication of pre-emption rights (acquisition or capital investment)

 

190,812,448

99.84

314,812

0.16

191,127,260

69.51%

43,288

Resolution 16

Authorise the purchase of own shares

 

188,813,535

98.78

2,339,648

1.22

191,153,183

69.52%

17,365

Resolution 17

Approve the holding of General Meetings (not AGMs) on 14 clear days' notice

 

190,898,307

99.86

265,328

0.14

191,163,635

69.53%

6,914

 

Notes:

1.   There were no restrictions on shareholders to cast votes on any of the resolutions proposed at the AGM.

2.   Percentages are expressed as a proportion of the total votes cast (which does not include votes withheld).

3.   A vote withheld is not a vote in law and is not included in the calculation of the votes 'For' or 'Against' the resolutions, nor the total votes cast.

4.   Any proxy appointments which gave discretion to the Chairman have been included in the 'For' totals.

 

In accordance with Listing Rule 9.6.2R, copies of all resolutions passed at the AGM today, other than those concerning ordinary business, will be submitted to the National Storage Mechanism, where they will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. In addition, copies of these resolutions will also be filed with Companies House.

The results of the 2020 AGM will be available to view on the Company's website at www.costain.com.

 

                                                                                                                                        19 June 2020

 

Enquiries:


Costain Group PLC

Tel:  01628 842 444

Tracey Wood, Company Secretary






MHP Communications
Tim Rowntree, Peter Hewer

Tel:  020 3128 8100

[email protected]  

 


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.
 
END
 
 
RAGFLMMTMTTBBRM

Quick facts: Costain Group

Price: 38

Market: LSE
Market Cap: £104.48 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

6 min read