IWG PLC
RESULTS OF ANNUAL GENERAL MEETING
IWG plc held its Annual General Meeting for shareholders today at 2pm (CET).
All resolutions proposed at the meeting were passed by the requisite majorities and were decided by means of a poll vote. The full results of voting on each resolution are set out below.
The total number of shares in issue and eligible to be voted (excluding treasury shares) as at close of business 5 May 2022, being the date on which shareholders needed to be on the register of members to be entitled to vote at the AGM, was 1,006,763,017 Ordinary shares.
Resolutions 1 to 14 (inclusive) proposed as ordinary resolutions
| Resolution Number |
For* |
% |
Against* |
% |
Withheld* |
Total Votes* |
% of issued share capital voted* |
|
1 |
813,767,790 |
100.00% |
1,826 |
0.00% |
10,653,627 |
824,423,243 |
81.88% |
|
2 |
598,542,469 |
72.60% |
225,876,892 |
27.40% |
3,882 |
824,423,243 |
81.88% |
|
3 |
814,137,953 |
98.75% |
10,281,439 |
1.25% |
3,851 |
824,423,243 |
81.88% |
|
4 |
824,196,528 |
99.97% |
223,817 |
0.03% |
2,898 |
824,423,243 |
81.88% |
|
5 |
783,893,514 |
95.08% |
40,525,878 |
4.92% |
3,851 |
824,423,243 |
81.88% |
|
6 |
764,522,959 |
92.73% |
59,896,433 |
7.27% |
3,851 |
824,423,243 |
81.88% |
|
7 |
756,980,193 |
91.82% |
67,439,199 |
8.18% |
3,851 |
824,423,243 |
81.88% |
|
8 |
820,250,646 |
99.49% |
4,168,746 |
0.51% |
3,851 |
824,423,243 |
81.88% |
|
9 |
824,141,279 |
99.97% |
278,113 |
0.03% |
3,851 |
824,423,243 |
81.88% |
|
10 |
761,634,316 |
92.38% |
62,785,076 |
7.62% |
3,851 |
824,423,243 |
81.88% |
|
11 |
762,543,630 |
92.49% |
61,875,762 |
7.51% |
3,851 |
824,423,243 |
81.88% |
|
12 |
795,372,262 |
96.48% |
29,048,083 |
3.52% |
2,898 |
824,423,243 |
81.88% |
|
13 |
811,936,495 |
98.49% |
12,484,250 |
1.51% |
2,498 |
824,423,243 |
81.88% |
|
14 |
814,285,805 |
98.78% |
10,062,893 |
1.22% |
74,545 |
824,423,243 |
81.88% |
* These figures include proxy votes. Where shareholders have appointed the Chairman of the meeting as their proxy with discretion as to voting on the resolutions, those votes have been cast in favour of the relevant resolutions. A vote withheld is not a vote in law, withheld votes therefore do not form part of the total votes cast.
Resolutions 15 to 18 (inclusive) proposed as special resolutions
| Resolution Number |
For* |
% |
Against* |
% |
Withheld* |
Total Votes* |
% of issued share capital voted* |
|
15 |
814,252,481 |
98.78% |
10,096,217 |
1.22% |
75,545 |
824,424,243 |
81.88% |
|
16 |
816,358,304 |
99.02% |
8,062,441 |
0.98% |
2,498 |
824,423,243 |
81.88% |
|
17 |
797,506,156 |
96.74% |
26,914,589 |
3.26% |
2,498 |
824,423,243 |
81.88% |
|
18 |
814,959,454 |
98.85% |
9,460,891 |
1.15% |
2,898 |
824,423,243 |
81.88% |
* These figures include proxy votes. Where shareholders have appointed the Chairman of the meeting as their proxy with discretion as to voting on the resolutions, those votes have been cast in favour of the relevant resolutions. A vote withheld is not a vote in law, withheld votes therefore do not form part of the total votes cast.
Resolution 2
The Board notes the results of resolution 2 to approve the Director's Remuneration Report, which was supported by a clear majority of the Company's shareholders, but with a significant minority vote against. The Remuneration Committee is committed to continuing its engagement with shareholders to understand the views of shareholders who voted against this resolution. An update of this engagement will be published within six months, as well as a final summary in the Company's Annual Report for 2022.
National Storage Mechanism
A copy of the resolutions approved at the Annual General Meeting has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
For further information, please contact: Tim Regan, Company Secretary
IWG plc Telephone: + 41 (0) 41 723 2353
Date of announcement: 10 May 2022
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