EUROMONEY INSTITUTIONAL INVESTOR PLC
RESULT OF ANNUAL GENERAL MEETING
28 January 2020
Euromoney Institutional Investor PLC ("Euromoney"), the global information business providing essential B2B information to global and specialist markets, is pleased to announce that shareholders passed all resolutions proposed at the Annual General Meeting ("AGM") held this morning at 9.30am at the Company's registered office.
All resolutions detailed in the Notice of Meeting dated 16 December 2019 were passed by poll vote, with 87.01% of the issued share capital voted, and the following table summarises the final proxy voting:
|
Resolution |
For |
% |
Against |
% |
Withheld |
1 |
2019 Report and Accounts |
94,742,227 |
99.80 |
189,441 |
0.20 |
126,208 |
2 |
Remuneration Report |
88,394,936 |
98.85 |
1,031,967 |
1.15 |
5,630,973 |
3 |
Final Dividend |
95,057,335 |
100.00 |
541 |
0.00 |
0 |
4 |
Election of Leslie Van de Walle |
94,027,244 |
98.92 |
1,030,195 |
1.08 |
437 |
5 |
Election of Tim Pennington |
95,048,304 |
100.00 |
2,484 |
0.00 |
7,088 |
6 |
Re-election of Jan Babiak |
94,828,094 |
99.76 |
229,345 |
0.24 |
437 |
7 |
Re-election of Colin Day |
94,828,155 |
99.76 |
229,284 |
0.24 |
437 |
8 |
Re-election of Imogen Joss |
92,326,219 |
99.74 |
245,284 |
0.26 |
2,486,373 |
9 |
Re-election of Wendy Pallot |
94,814,997 |
99.75 |
242,381 |
0.25 |
498 |
10 |
Re-election of Andrew Rashbass |
94,856,603 |
99.79 |
199,899 |
0.21 |
1,374 |
11 |
Re-election of Lorna Tilbian |
72,901,121 |
77.08 |
21,682,535 |
22.92 |
474,220 |
12 |
Re-appointment of auditors |
95,054,124 |
100.00 |
3,752 |
0.00 |
0 |
13 |
Auditors' remuneration authority |
95,053,797 |
100.00 |
3,642 |
0.00 |
437 |
14 |
Allotment authority |
87,948,049 |
92.52 |
7,109,390 |
7.48 |
437 |
15 |
Pre-emptive allotment authority |
94,877,094 |
99.82 |
174,036 |
0.18 |
6,746 |
16 |
Pre-emptive allotment authority |
84,144,598 |
88.53 |
10,906,532 |
11.47 |
6,746 |
17 |
Purchase own shares |
94,025,404 |
98.93 |
1,014,314 |
1.07 |
18,158 |
18 |
Permitted Borrowing Limits |
90,254,382 |
94.95 |
4,802,417 |
5.05 |
1,077 |
19 |
Articles of Association |
90,262,248 |
94.96 |
4,794,551 |
5.04 |
1,077 |
20 |
General meetings at short notice |
93,935,650 |
98.82 |
1,121,149 |
1.18 |
1,077 |
The Company notes that more than 20% of the votes cast on resolution 11 ("Re-election of Lorna Tilbian as a non-executive director") were against that resolution. In accordance with the UK Corporate Governance Code, the Company will consult with shareholders to understand the reasons behind the result on that resolution and will in due course provide an update on the views received from shareholders.
Any discretionary proxy votes have been aggregated within the 'For' total above. Any votes withheld are not a vote in law and have not been included in the above calculations. The issued share capital and total voting rights as at the date of the meeting were both 109,249,352 ordinary shares.
A copy of the resolutions passed at the meeting which were not ordinary business has been forwarded today to the National Storage Mechanism in accordance with LR 9.6.2 of the Financial Conduct Authority's UKLA Listing Rules.
Confirmation of Board Change following the AGM
Tristan Hillgarth stepped down from the Board as a non-executive Director immediately following the AGM, having served for over seven years.
Final dividend payment date
The Company's final dividend for the financial year ended 30 September 2019 will be paid on 13 February 2020 to shareholders on the register as at the record date of 29 November 2019.
Ends
For further information, please contact:
Euromoney Institutional Investor PLC
Tim Bratton, Group General Counsel & Company Secretary
+44 (0) 207 779 8288
tim.bratton@euromoneyplc.com
FTI Consulting
Charles Palmer / Jamie Ricketts / Amy Hurnell / Jamille Smith
+44 (0)20 3727 1000
euromoney@fticonsulting.com
About Euromoney Institutional Investor PLC
Euromoney is a global information business providing essential B2B information to global and specialist markets. Euromoney provides discovery, market intelligence and events across our segments. Euromoney is listed on the London Stock Exchange and is a member of the FTSE 250 share index.
www.euromoneyplc.com
LEI number: 213800PZU2RGHMHE2S67