Result of AGM

abrdn PLC
24 April 2024
 

abrdn plc

Results of Annual General Meeting

 

 

Results of AGM

The Board of abrdn plc ('the Company') is pleased to announce that all the resolutions put to its Annual General Meeting ('AGM') held on Wednesday 24 April 2024 were duly passed.

 

 

The results of the polls were as follows:

 


For

% For

Against

 

Total Votes Validly Cast

Votes Withheld

Resolution 1:

To receive and consider the Annual report and accounts 2023

800,142,149

99.84

1,243,489

801,385,638

1,521,299

Resolution 2:

To declare a final dividend for 2023

798,162,252

99.47

4,255,205

802,417,457

489,707

Resolution 3:

To re-appoint KPMG LLP as auditors

790,071,595

98.59

11,336,731

801,408,326

1,497,716

Resolution 4:

To authorise the audit committee to set the auditors' fees

799,047,306

99.70

2,406,065

801,453,371

1,453,566

Resolution 5:

To approve the Directors' remuneration report

540,767,951

86.83

82,055,677

622,823,628

180,082,555

Resolution 6A:

To re-elect Sir Douglas Flint CBE as a Director

593,373,288

95.42

28,468,986

621,842,274

181,064,178

Resolution 6B:

To re-elect Jonathan Asquith as a Director

592,793,512

94.90

31,849,323

624,642,835

178,262,401

Resolution 6C:

To re-elect Stephen Bird as a Director

616,811,621

98.68

8,281,336

625,092,957

177,813,269

Resolution 6D:

To re-elect John Devine as a Director

611,431,925

97.85

13,428,393

624,860,318

178,044,918

Resolution 6E:

To re-elect Hannah Grove as a Director

611,683,681

97.89

13,156,258

624,839,939

178,066,277

Resolution 6F:

To re-elect Pam Kaur as a Director

618,273,244

98.95

6,576,221

624,849,465

178,055,771

Resolution 6G:

To re-elect Michael O'Brien as a Director

619,258,299

99.11

5,570,646

624,828,945

178,076,291

Resolution 6H:

To re-elect Cathleen Raffaeli as a Director

618,708,293

99.02

6,153,000

624,861,293

178,035,595

Resolution 7:

To elect Jason Windsor as a Director

794,749,902

99.27

5,848,856

800,598,758

2,307,458

Resolution 8:

To provide limited authority to the Company and its subsidiaries to make political donations and to incur political expenditure

607,979,436

97.32

16,729,577

624,709,013

178,196,864

Resolution 9:

To authorise the Directors to issue further shares

793,561,058

99.02

7,857,883

801,418,941

1,486,654

Resolution 10 (Special):

To disapply share pre-emption rights

788,814,411

98.62

11,015,799

799,830,210

3,071,941

Resolution 11 (Special):

To give authority for the Company to buy back up to 5% of its issued ordinary shares

792,199,611

98.83

9,364,897

801,564,508

1,333,684

Resolution 12:

To authorise the Directors to allot shares in relation to the issuance of Convertible Bonds

613,157,513

98.24

10,994,151

624,151,664

178,750,601

Resolution 13 (Special):

To disapply pre-emption rights in respect of allotments of equity securities in relation to the issuance of Convertible Bonds

609,428,947

97.72

14,198,145

623,627,092

179,272,072

Resolution 14 (Special):

To allow the Company to call general meetings on 14 days' notice

778,737,933

97.13

23,050,133

801,788,066

1,098,246

Resolution 15:

To approve the renewal of the rules of the abrdn Sharesave Plan

797,842,546

99.63

2,965,156

800,807,702

2,097,977

Resolution 16:

To approve the renewal of the rules of the abrdn plc (Employee) Share Plan

797,316,747

99.58

3,359,324

800,676,071

2,229,608

Resolution 17:

To approve the rules of the abrdn plc Executive Long Term Incentive Plan 2024 (the 'New LTIP')

774,241,106

96.78

25,765,325

800,006,431

2,899,474

 

The Board is pleased that all Resolutions passed with a significant majority. As is normal practice, we will review the voting pattern and continue to engage with shareholders throughout the course of the year.

 

Other Matters

As announced on 27 February 2024, Catherine Bradley did not seek re-election, and retired from the Board at the conclusion of the meeting. 

 

The total number of shares in issue at 6pm on Tuesday 23 April 2024 was 1,840,741,104 ordinary shares of 1361/63 pence each.

 

Votes withheld are not a vote in law and have not been counted in the calculation of the votes for and against each resolution, the total votes validly cast or the calculation of the proportion of issued share capital voted.

 

Copies of all resolutions are available for inspection in the AGM Guide previously submitted to the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

In accordance with Listing Rule 9.6.2, copies of the resolutions that do not constitute ordinary business at an annual general meeting will also be submitted to the National Storage Mechanism and available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

The AGM Guide and the voting results are also available on the abrdn plc website at www.abrdn.com

 

 

24 April 2024

 

 

Enquiries:

 

Group Secretariat

Paul McKenna

 

+44 (0) 7736 853 801

 



Media

Duncan Young

 

 

+44 (0) 7920 868 865

 

Institutional equity investors and analysts

Jo Blackshaw

 

Corbin Chaplin

 

 

+44 (0) 7771 786 275

 

+44 (0) 7774 332 428

 

LEI: OTMBS544NMO7GLCE7H90

Classification: 3.1. Additional regulated information required to be disclosed under the laws of the United Kingdom

 

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