For Immediate Release |
1 May 2019 |
RPS Group plc
('RPS' or the 'Group')
Result of AGM and Resignation of Non-Executive Director
The Annual General Meeting of the Company was held on 1 May 2019. All resolutions were passed. Resolutions 1 - 14 and Resolution 18 were passed as Ordinary Resolutions and Resolutions 14 to 17 were passed as Special Resolutions. The Voting Results are given below:
|
Resolution |
Votes For |
% |
Votes Against |
% |
Total Votes |
% of Total of Voting Rights |
Votes Withheld |
1 |
Report & Accounts |
162,298,568 |
99.99 |
14.486 |
0.01 |
162,313,054 |
71.74 |
11,186,579 |
2 |
Final Dividend |
173,485,148 |
99.99 |
14,486 |
0.01 |
173,499,634 |
76.68 |
0 |
3 |
Remuneration Report |
155,214,497 |
95.47 |
7,361,229 |
4.53 |
162,575,726 |
71.86 |
10,923,907 |
4 |
Catherine Glickman |
171,616,783 |
98.93 |
1,864,790 |
1.07 |
173,481,573 |
76.68 |
18,061 |
5 |
Michael McKelvy |
173,055,044 |
99.75 |
426,529 |
0.25 |
173,481,573 |
76.68 |
18,061 |
6 |
Allison Bainbridge |
173,056,864 |
99.76 |
424,709 |
0.24 |
173,481,573 |
76.68 |
18,061 |
7 |
John Douglas |
172,916,982 |
99.67 |
564,591 |
0.33 |
173,481,573 |
76.68 |
18,061 |
8 |
Ken Lever |
124,812,507 |
77.91 |
35,390,976 |
22.09 |
160,203,483 |
70.81 |
13,296,150 |
9 |
Elizabeth Peace |
173,051,950 |
99.75 |
429,623 |
0.25 |
173,481,573 |
76.68 |
18,061 |
10 |
Gary Young |
172.691,745 |
99.54 |
799,781 |
0.46 |
173,491,526 |
76.68 |
8,108 |
11 |
Re-Appoint Auditors |
162,548,988 |
99.98 |
27,008 |
0.02 |
162,575,996 |
71.86 |
10,923,637 |
12 |
Auditors Remuneration |
173,469,640 |
99.99 |
15,909 |
0.01 |
173,485,549 |
76.68 |
14,085 |
13 |
Authority to Allot Shares |
171,755,677 |
99.00 |
1,735,198 |
1.00 |
173,490,875 |
76.68 |
8,759 |
14 |
Waive Pre-emption Rights |
172,078,393 |
99.21 |
1,362,778 |
0.79 |
173,441,171 |
76.66 |
58,463 |
15 |
Waive Further Pre-emption Rights |
161,154,816 |
92.92 |
12,286,354 |
7.08 |
173,441,170 |
76.66 |
58,463 |
16 |
Purchase Own Shares |
162,455,651 |
93.67 |
10,977,071 |
6.33 |
173,432,722 |
76.65 |
66,911 |
17 |
GM Notice period |
169,947,642 |
97.96 |
3,541,949 |
2.04 |
173,489,591 |
76.68 |
10,043 |
18 |
Renew Share Plan |
162,110,641 |
93.44 |
11,385,928 |
6.56 |
173,496,569 |
76.68 |
3,064 |
Resolution 8
RPS notes the 22% of votes that have been cast against the reappointment of the Chairman and shareholders have raised concerns about the number of directorships he holds. Although disappointed by the number of votes against, the Board remains fully supportive of the Chairman and the role that he performs. RPS will, through Liz Peace the Senior Independent Director, consult with our shareholders to seek their views and engage further on this point.
Board Resignation
Having not sought re-election at the Annual General Meeting Robert Miller-Bakewell resigned as a Director of the Company with effect from 1 May 2019. Liz Peace has been appointed as the Senior Independent Director and Catherine Glickman has been appointed as Chairman of the Remuneration Committee both of these appointments are effective from 1 May 2019.
Ends
For further information:
RPS Group plc |
|
David Gormley, Company Secretary |
Tel: +44 (0) 1253 438 016 |
|
www.rpsgroup.com |
Media enquiries:
Buchanan |
|
Henry Harrison-Topham / Chris Lane / Maddie Seacombe |
Tel: +44 (0) 20 7466 5000 |
RPS@buchanan.uk.com |
www.buchanan.uk.com |
Notes to AGM figures:
The percentage of votes "For" and "Against" each resolution are expressed as a percentage of the total votes cast "For" and "Against" the resolution (together the "Total Votes"). 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.
The "% of total voting rights" column shows the percentage that the Total Votes on that resolution represent of the total number of voting rights attached to shares in issue at the date of the AGM. The total number of voting rights attached to shares in issue at the date of the AGM was 226,253,513.
In accordance with Listing Rule 9.6.2, copies of all the resolutions passed by the Company at its Annual General Meeting have been submitted to the National Storage Mechanism and will be available for inspection at http://www.morningstar.co.uk/uk/NSM
Notes to Editors
Founded in 1970, RPS is a leading global professional services firm of 5,600 consultants and service providers. Having operated in 125 countries across six continents RPS defines, designs and manages projects that create shared value for a complex, urbanising and resource scarce world.
RPS delivers a broad range of services in six sectors: property, energy, transport, water, defence and government services and resources. Services provided across RPS' six sectors cover twelve service clusters: project and programme management, design and development, water services, environment, advisory and management consulting, exploration and development, planning and approvals, health, safety and risk, oceans and coastal, laboratories, training and communication and creative services.
RPS stands out for its clients by using its deep expertise to solve problems that matter, making them easy to understand. Making complex easy.
RPS' London Stock Exchange ticker is RPS.L. For further information, please visit www.rpsgroup.com.