RNS Number : 7556P
Royal Bank of Scotland Group PLC
30 May 2018
 

The Royal Bank of Scotland Group plc - Result of Annual General Meeting

 

30 May 2018 

 

Following the Annual General Meeting held today, The Royal Bank of Scotland Group plc announces the results of the poll vote for each resolution as follows. Resolutions 19, 20, 22, 23 and 25 were passed as special resolutions. The Board welcomes the overwhelming vote by shareholders on Resolution 27 to reject the resolution requisitioned to create a Shareholder Committee.  We will continue to actively engage with our shareholders, stakeholders and representative bodies, to ensure that we are aware of their views. 

For

% of votes cast

Against

% of votes cast

Total votes cast as % of Voting   Share Capital

Withheld *

Resolution 1

To receive the 2017 Report and Accounts

44,786,432,784

100

1,044,152

0.00

93.09

2,390,684

Resolution 2

To approve the Annual Report on Remuneration in the Directors' Remuneration Report

44,384,841,256

99.18

366,523,976

0.82

93.01

38,493,640

Resolution 3

To re-elect Howard Davies as a director

44,547,535,196

99.46

240,277,316

0.54

93.09

2,070,148

Resolution 4

To re-elect Ross McEwan as a director

44,771,777,452

99.96

16,201,900

0.04

93.09

1,882,892

Resolution 5 

To re-elect Ewen Stevenson as a director

44,755,822,684

99.93

31,988,348

0.07

93.09

2,086,436

Resolution 6 

To re-elect Frank Dangeard as a director

44,771,756,812

99.96

16,000,100

0.04

93.09

2,141,628

Approval of Frank Dangeard's re-election by independent shareholders only

11,033,822,736

99.86

16,000,100

0.14

76.87

2,141,628

Resolution 7 

To re-elect Alison Davis as a director

44,762,830,512

99.94

24,927,540

0.06

93.09

2,133,240

Approval of Alison Davis's re-election by independent shareholders only

11,024,896,436

99.77

24,927,540

0.23

76.87

2,133,240

Resolution 8

To re-elect Morten Friis as a director

44,771,655,776

99.96

15,992,892

0.04

93.09

2,247,532

Approval of Morten Friis' re-election by independent shareholders only

11,033,721,700

99.86

15,992,892

0.14

76.87

2,247,532

Resolution 9

To re-elect Robert Gillespie as a director

44,674,280,076

99.75

113,398,688

0.25

93.09

2,197,884

Approval of Robert Gillespie's re-election by independent shareholders only

10,936,346,000

98.97

113,398,688

1.03

76.89

2,197,884

Resolution 10

To elect Yasmin Jetha as a director

WITHDRAWN






Resolution 11 

To re-elect Brendan Nelson as a director

44,691,319,856

99.78

96,390,076

0.22

93.09

2,191,768

Approval of Brendan Nelson's  re-election by independent shareholders only

10,953,385,780

99.13

96,390,076

0.87

76.87

2,191,768

Resolution 12

To re-elect Baroness Noakes as a director

44,680,209,792

99.78

97,417,316

0.22

93.09

2,134,180

Approval of Baroness Noakes' re-election by independent shareholders only

10,952,275,716

99.12

97,417,316

0.88

76.87

2,134,180

Resolution 13

To re-elect Mike Rogers as a director

44,772,295,760

99.97

15,507,144

0.03

93.09

2,094,852

Approval of Mike Rogers' re-election by independent shareholders only

11,034,361,684

99.86

15,507,144

0.14

76.87

2,094,852

Resolution 14

To re-elect Mark Seligman as a director

44,691,412,912

99.78

96,305,784

0.22

93.09

2,180,280

Approval of Mark Seligman's re-election by independent shareholders only

10,953,478,836

99.13

96,305,784

0.87

76.87

2,180,280

Resolution 15

To elect Dr Lena Wilson  as a director

44,771,879,876

99.96

15,779,328

0.04

93.09

2,212,832

 

Approval of Lena Wilson's election by independent shareholders only

11,033,945,800

99.86

15,779,328

0.14

76.87

2,212,832

Resolution 16

To re-appoint Ernst & Young LLP as auditors

44,783,248,144

99.99

4,771,488

0.01

93.09

1,858,492

Resolution 17

To authorise the Group Audit Committee to fix the remuneration of the auditors

44,784,770,504

99.99

3,413,280

0.01

93.09

1,701,096

Resolution 18

To renew the directors' authority to allot shares

44,514,429,036

99.39

273,358,328

0.61

93.09

2,105,824

Resolution 19

To renew the directors' authority to allot equity securities on a non pre-emptive basis in connection with an offer or issue of equity securities

44,736,828,324

99.89

50,713,992

0.11

93.09

2,353,432

Resolution 20

To grant the directors' additional authority to allot equity securities on a non pre-emptive basis in connection with the purposes

of financing a transaction

44,388,740,848

99.11

398,591,676

0.89

93.09

2,563,636

Resolution 21

To renew  the directors' authority to allot ordinary shares or grant rights to subscribe for or to convert any security into ordinary shares in relation to  Equity Convertible Notes

44,613,094,340

99.61

174,256,468

0.39

93.09

2,537,636

Resolution 22

To renew the  directors' authority to allot equity securities on a non pre-emptive basis  in connection with Equity Convertible Notes 

44,589,519,764

99.56

197,673,992

0.44

93.09

2,701,312

Resolution 23

To permit the holding of General Meetings at 14 clear days' notice

44,182,948,748

98.65

605,279,152

1.35

93.09

1,663,160

Resolution 24

To renew the authority in respect of  political donations and expenditure by the Company in terms of Section 366 of the Companies Act 2006

44,457,784,036

99.26

329,735,500

0.74

93.09

2,338,316

Resolution 25

To renew the authority for the Company to purchase its own shares on a recognised investment exchange

44,601,233,120

99.59

183,973,380

0.41

93.08

4,648,872

Resolution 26

To renew the authority to offer shares in lieu of a cash dividend on ordinary shares

44,784,514,360

99.99

3,754,716

0.01

93.09

1,600,804

Resolution 27

To direct the Board to establish a Shareholder Committee

604,988,864

1.35

44,117,313,068

98.65

92.95

67,400,036

* A vote Withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" and "Against" a resolution.

 

In accordance with the UK Listing Authority's listing rules, copies of resolutions that do not constitute ordinary business at an annual general meeting will shortly be available for inspection at the National Storage Mechanism which is located at: www.Hemscott.com/nsm.do

 

As at 25th May 2018 (being the latest date by which shareholders who wanted to vote at the Annual General Meeting must have been entered on the company's Register of Members) the total number of voting rights in the company was 48,112,711,764.                   

 

Contact

 

RBS Media Centre

+44 (0)131 523 4205

 

Legal Entity Identifier: 2138005O9XJIJN4JPN90

 


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