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Stobart Group Ltd - Result of AGM

RNS Number : 6350U
Stobart Group Limited
30 July 2020
 

30 July 2020

STOBART GROUP LIMITED

('Stobart Group' or 'the Group')

 

Result of AGM

 

Stobart Group, the aviation and energy infrastructure group, announces the result of voting on the resolutions at its Annual General Meeting, held at 11.00 a.m. on 30 July 2020.

 

Resolutions 1 to 20 in the Notice of Annual General Meeting were passed by the required majority by means of a poll.  The results of the poll on each resolution are set out below.

 


For

Against

Total votes cast

Votes withheld

Resolution

No. of votes

%

No. of votes

%

No. of votes

No. of votes

1.   Receive the 2020 Annual Accounts, Directors' Report and Auditor's Report

468,491,307

93.58

32,152,506

6.42

500,643,813

1,905,496

2.   Re-elect David Shearer as a Director

499,707,895

99.44

2,817,364

0.56

502,525,259

24,050

3.   Re-elect Warwick Brady as a Director

500,747,935

99.94

309,999

0.06

501,057,934

1,491,376

4.   Re-elect Nick Dilworth as a Director

500,849,041

99.96

208,893

0.04

501,057,934

1,491,376

5.   Re-elect Lewis Girdwood as a Director

502,305,433

99.96

221,327

0.04

502,526,760

22,550

6.   Re-elect Ginny Pulbrook as a Director

501,751,448

99.85

770,094

0.15

502,521,542

27,768

7.   Re-elect John Coombs as a Director

488,324,033

97.17

14,196,508

2.83

502,520,541

28,768

8.   Re-elect David Blackwood as a Director

501,820,633

99.86

700,909

0.14

502,521,542

27,768

9.   Approve the appointment of Clive Condie as a Director

502,437,910

99.98

85,121

0.02

502,523,031

26,279

10. Re-appoint KPMG LLP as Auditors

500,888,311

99.98

109,232

0.02

500,997,543

1,551,767

11. Authorise the Directors to determine the Auditors' remuneration

502,418,979

99.98

97,262

0.02

502,516,241

33,069

12. Approve the Directors' Remuneration Report

500,752,943

99.65

1,765,417

0.35

502,518,360

30,949

13. Approve the Directors' Remuneration Policy

482,484,623

96.02

20,019,757

3.98

502,504,380

44,929

14.  Approve the rules and adoption of the 2020 Long Term Incentive Plan

500,757,799

99.66

1,705,359

0.34

502,463,158

86,151

15.  Approve the rules and adoption of the 2020 Deferred Bonus Plan

500,757,588

99.66

1,701,216

0.34

502,458,804

90,505

16.  Authorise the issuance of shares

501,245,482

99.76

1,225,511

0.24

502,470,993

78,317








   17. Disapply pre- emption rights

467,946,980

93.13

34,519,870

6.87

502,466,850

82,460

  18. Additional disapplication of pre-emption rights

435,836,769

86.74

66,628,969

13.26

502,465,738

83,571

    19. Authorise the Company to make market acquisitions of its ordinary shares

500,813,506

99.66

1,699,453

0.34

502,512,959

36,350

    20. Adopt the new Articles of Incorporation

500,824,097

99.97

166,065

0.03

500,990,162

1,559,147

The number of ordinary shares in issue on 30 July 2020 was 624,926,123. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes 'For' or 'Against' a resolution.

 

A copy of resolutions 14 to 20 (being the special business of the Annual General Meeting, as set out in the notice of the Annual General Meeting) passed, will shortly be submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/nsm.

 

Enquiries: 


Stobart Group Limited


Charlie Geller, Group Head of Communications

c/o Newgate Communications

 

Newgate Communications

 

+44 203 757 6880

+44 203 757 6884

Giles Croot / Ian Silvera / Isabelle Smurfit

 

stobart@newgatecomms.com

 


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 rns@lseg.com or visit www.rns.com.
 
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