RNS Announcement
McBride plc Result of Annual General Meeting
23 October 2019
Result of AGM
All of the resolutions proposed at McBride's Annual General Meeting (AGM) held on 22 October 2019 at 2.30pm were duly approved by shareholders. Proxies were received in respect of 142,462,438 McBride shares, representing 77.92% of McBride's shares in issue (77.93% of the shares carrying voting rights).
For information, the proxy votes received prior to the meeting on each resolution are as set out below:
|
Votes For |
% |
Votes Against |
% |
Votes Withheld |
Votes Total |
1 |
142,424,437 |
99.99 |
15,840 |
0.01 |
22,161 |
142,462,438 |
2 |
142,268,915 |
99.88 |
169,923 |
0.12 |
23,600 |
142,462,438 |
3 |
142,175,810 |
99.82 |
254,898 |
0.18 |
31,730 |
142,462,438 |
4 |
142,409,722 |
99.98 |
22,469 |
0.02 |
24,247 |
142,462,438 |
5 |
RESOLUTION WITHDRAWN |
6 |
142,408,821 |
99.98 |
33,666 |
0.02 |
19,951 |
142,462,438 |
7 |
142,221,922 |
99.85 |
216,034 |
0.15 |
24,482 |
142,462,438 |
8 |
142,221,060 |
99.84 |
220,896 |
0.16 |
20,482 |
142,462,438 |
9 |
142,044,307 |
99.72 |
398,335 |
0.28 |
19,796 |
142,462,438 |
10 |
142,323,297 |
99.92 |
110,614 |
0.08 |
28,527 |
142,462,438 |
11 |
142,404,470 |
99.98 |
31,528 |
0.02 |
26,440 |
142,462,438 |
12 |
117,563,721 |
82.54 |
24,877,156 |
17.46 |
21,561 |
142,462,438 |
13 |
105,319,186 |
73.94 |
31,125,217 |
26.06 |
18,035 |
142,462,438 |
14 |
120,384,830 |
84.51 |
22,060,325 |
15.49 |
17,283 |
142,462,438 |
15 |
142,104,411 |
99.77 |
328,863 |
0.23 |
29,164 |
142,462,438 |
16 |
120,271,544 |
84.43 |
22,172,284 |
15.57 |
18,610 |
142,462,438 |
17 |
142,365,051 |
99.97 |
47,290 |
0.03 |
53,097 |
142,462,438 |
18 |
141,410,890 |
99.27 |
1,035,445 |
0.73 |
16,103 |
142,462,438 |
Notes:
1. Resolution 5 was withdrawn as John Coleman decided not to seek re-election as a Director at the AGM.
2. A vote withheld is not a vote in law and is not counted in calculating votes for or against a resolution.
3. The total number of ordinary shares in issue as at 18 October 2019 was 182,840,301 (182,798,260 with voting rights).
The Board notes that although resolution 13 was passed with the requisite majority, 26.06% of votes received were against the resolution. The Board has been engaging with shareholders and has a good understanding of the concerns raised. A further consultation process will be undertaken and report to shareholders provided in line with the requirements of the UK Corporate Governance Code.
In accordance with Listing Rules 9.6.3 R and 9.6.18 R, copies of the resolutions passed at the AGM have been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM:
The documents can also be obtained via the Company's Registered Office at Middleton Way, Middleton, Manchester M24 4DP.