22 April 2020
Drax Group plc
(Symbol: DRX)
Poll Results of the Annual General Meeting
Drax Group plc announces the results of the voting by poll on the resolutions put to its Annual General Meeting held today, Wednesday 22 April 2020.
| No.
|
Brief Description |
Votes For |
% |
Votes Against |
% |
Votes Total |
Votes Withheld |
| 1 |
To receive and adopt the annual report and the audited accounts |
315,841,029 |
99.79% |
662,661 |
0.21% |
316,503,690 |
5,048,850 |
| 2 |
To approve the annual statement to shareholders by the Chair of the Remuneration Committee and the annual report on remuneration |
317,761,152 |
98.82% |
3,781,556 |
1.18% |
321,542,708 |
9,833 |
| 3 |
To approve the Directors' remuneration policy |
304,206,978 |
94.61% |
17,334,456 |
5.39% |
321,541,434 |
11,106 |
| 4 |
To approve the final dividend of 9.5 pence per share |
321,408,346 |
99.96% |
135,335 |
0.04% |
321,543,681 |
8,860 |
| 5 |
To elect John Baxter as a Director of the Company |
320,369,000 |
99.64% |
1,168,973 |
0.36% |
321,537,973 |
14,568 |
| 6 |
To re-elect Philip Cox as a Director of the Company |
304,331,723 |
94.68% |
17,087,314 |
5.32% |
321,419,037 |
133,504 |
| 7 |
To re-elect Will Gardiner as a Director of the Company |
316,011,293 |
98.28% |
5,515,497 |
1.72% |
321,526,790 |
25,750 |
| 8 |
To re-elect Nicola Hodson as a Director of the Company |
306,026,837 |
95.18% |
15,512,637 |
4.82% |
321,539,474 |
13,067 |
| 9 |
To re-elect Andy Koss as a Director of the Company |
Resolution Withdrawn(1)
|
|||||
| 10 |
To re-elect David Nussbaum as a Director of the Company |
320,333,750 |
99.62% |
1,208,464 |
0.38% |
321,542,214 |
10,327 |
| 11 |
To re-elect Vanessa Simms as a Director of the Company |
320,296,078 |
99.61% |
1,246,492 |
0.39% |
321,542,570 |
9,971 |
| 12 |
To re-elect Andy Skelton as a Director of the Company |
313,910,195 |
97.63% |
7,633,279 |
2.37% |
321,543,474 |
9,067 |
| 13 |
To re-appoint Deloitte LLP as auditor |
311,100,787 |
96.75% |
10,445,791 |
3.25% |
321,546,578 |
5,963 |
| 14 |
Authority to determine auditor's remuneration |
319,858,723 |
99.48% |
1,682,500 |
0.52% |
321,541,223 |
11,318 |
| 15 |
Authority to make EU political donations to a specified limit |
301,820,769 |
94.89% |
16,245,327 |
5.11% |
318,066,096 |
3,486,444 |
| 16 |
Authority to allot shares |
310,899,473 |
96.69% |
10,644,121 |
3.31% |
321,543,594 |
8,947 |
| 17 |
Disapplication of pre-emption rights |
313,236,460 |
97.42% |
8,298,886 |
2.58% |
321,535,346 |
17,195 |
| 18 |
Authority to purchase own shares |
315,796,807 |
98.72% |
4,109,232 |
1.28% |
319,906,039 |
1,646,501 |
| 19 |
To approve the Drax Group plc Long Term Incentive Plan 2020 (the "LTIP") |
313,970,514 |
97.65% |
7,567,783 |
2.35% |
321,538,297 |
14,243 |
| 20 |
Authority to call a General Meeting on not less than 14 days' notice (other than an AGM) |
313,924,570 |
97.63% |
7,624,723 |
2.37% |
321,549,293 |
3,248 |
(1) As announced on 8 April 2020, Andy Koss resigned as a Director of the Company on 7 April 2020 and accordingly resolution 9 was withdrawn.
Resolutions 1 to 8 and resolutions 10 to 19 were carried.
The Company's issued share capital consisted of 410,571,755 ordinary shares of 11 16/29 pence each, of which 13,841,295 ordinary shares are held in treasury. Treasury shares do not carry voting rights. Accordingly, the total number of voting rights in respect of these ordinary shares is 396,730,460.
Brett Gladden
Group Company Secretary
Drax Group plc
END