Results of Annual General Meeting 2020

RNS Number : 3713L
AIB Group PLC
29 April 2020
 

 

29 April 2020

 

 

 

  AIB GROUP PLC (the "Company")

 

RESULTS OF ANNUAL GENERAL MEETING 2020

The Company announces that at its Annual General Meeting ("AGM"), held today at 10 Molesworth Street, Dublin 2, all of the resolutions proposed were duly passed on a poll.

Resolutions 1 to 8 (inclusive) were passed as ordinary resolutions and resolutions 9 to 12 (inclusive) were passed as special resolutions.

The full text of each resolution, together with explanatory notes, are set out in the Notice of AGM which was circulated to shareholders on 30 March 2020 and made available on the Company's website at www.aib.ie/investorrelations

The results of the voting on the resolutions are as follows:

Resolution

Votes For

%

Votes Against

%

Total Votes Cast

Votes Withheld

1

To receive and consider the financial statements for the year together with the reports of the Directors and the Auditor thereon.

2,461,670,290

100.00

863

0.00

2,461,671,153

699,028

2

To declare a final dividend.

n/a

resolution withdrawn

 

-

 

n/a

resolution withdrawn

 

-

 

n/a

resolution withdrawn

 

-

 

3

To authorise the Directors to fix the remuneration of the Auditor.

2,446,823,273

99.38

15,282,701

0.62

2,462,105,974

264,206

4

To consider the continuation in office of Deloitte as Auditor.

2,452,081,167

99.58

10,282,848

0.42

2,462,364,015

6,166

5(a)

To appoint Basil Geoghegan.

2,460,540,574

99.93

1,820,553

0.07

2,462,361,127

9,049

5(b)

To reappoint Colin Hunt.

2,462,285,787

100.00

78,720

0.00

2,462,364,507

5,537

5(c)

To reappoint Sandy Kinney Pritchard.

2,458,879,886

99.86

3,481,225

0.14

2,462,361,111

9,070

5(d)

To reappoint Carolan Lennon.

2,462,306,434

100.00

57,967

0.00

2,462,364,401

5,780

5(e)

To appoint Elaine MacLean.

2,462,350,307

100.00

10,579

0.00

2,462,360,886

9,295

5(f)

To reappoint Brendan McDonagh.

2,458,892,583

99.86

3,474,263

0.14

2,462,366,846

3,335

5(g)

To reappoint Helen Normoyle.

2,462,306,699

100.00

60,212

0.00

2,462,366,911

3,270

5(h)

To appoint Ann O'Brien.

2,462,310,503

100.00

52,780

0.00

2,462,363,283

6,898

5(i)

To reappoint Tomás O'Midheach.

2,461,872,322

99.98

490,807

0.02

2,462,363,129

7,052

5(j)

To appoint Raj Singh.

2,462,305,561

100.00

55,608

0.00

2,462,361,169

9,012

6

To consider the Directors' Remuneration Report.

2,461,244,857

99.95

1,121,887

0.05

2,462,366,744

3,437

7

To consider the Remuneration Policy.

2,447,456,331

99.39

14,908,150

0.61

2,462,364,481

5,700

8

To authorise the Directors allot relevant securities.

2,453,297,161

99.63

9,069,676

0.37

2,462,366,837

3,344

9(a)

Limited authorisation for the Directors to disapply pre-emption rights.

2,457,088,508

99.79

5,278,464

0.21

2,462,366,972

3,209

9(b)

Limited authorisation for the Directors to disapply pre-emption rights for an acquisition or specified capital event.

2,457,086,216

99.79

5,280,560

0.21

2,462,366,776

3,405

10

To authorise purchase by the Company of its own shares.

2,461,108,992

99.95

1,206,426

0.05

2,462,315,418

50,197

11

To determine the re-issue price range at which the any treasury shares held may be re-issued off-market.

2,462,135,754

99.99

181,549

0.01

2,462,317,303

52,878

12

To authorise the Directors to convene general meetings on 14 days' notice.

2,443,142,789

99.22

19,220,691

0.78

2,462,363,480

6,701

 

 

 

In accordance with Listing Rule 6.1.11 of Euronext Dublin and Listing Rule 9.2.2E of the Financial Conduct Authority, resolutions 5(a), (c), (d), (e), (f), (g), (h), and (j), relating to the re-election of the independent non-executive Directors, were passed by majority of each of:

-  the shareholders of the Company, and

-  the independent shareholders of the Company (that is, the shareholders of the Company entitled to vote on the election of Directors who are not controlling shareholders).

Votes cast by shareholders excluding the controlling shareholder are shown below.

Resolution

Votes For

%

Votes Against

%

Total Votes Cast

Votes Withheld

5(a)

To appoint Basil Geoghegan.

530,104,031

99.66

1,820,553

0.34

531,924,584

9,049

5(c)

To reappoint Sandy Kinney Pritchard.

528,443,343

99.35

3,481,225

0.65

531,924,568

9,070

5(d)

To reappoint Carolan Lennon.

531,869,891

99.99

57,967

0.01

531,927,858

5,780

5(e)

To appoint Elaine MacLean.

531,913,764

100.00

10,579

0.00

531,924,343

9,295

5(f)

To reappoint Brendan McDonagh.

528,456,040

99.35

3,474,263

0.65

531,930,303

3,335

5(g)

To reappoint Helen Normoyle.

531,870,156

99.99

60,212

0.01

531,930,368

3,270

5(h)

To appoint Ann O'Brien.

531,873,960

99.99

52,780

0.01

531,926,740

6,898

5(j)

To appoint Raj Singh.

531,869,018

99.99

55,608

0.01

531,924,626

9,012

 

Notes:

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

2.  The total number of ordinary shares in issue as at Monday, 27 April 2020 was 2,714,381,237.

3.  The total number of ordinary shares held by shareholders excluding the controlling shareholder on Monday, 27 April 2020 was 783,944,694.

 

In accordance with Listing Rule 6.1.60 of Euronext Dublin and Listing Rule 9.6.2 of the Financial Conduct Authority, copies of all resolutions, other than those concerning ordinary business, passed at the AGM today have been submitted to Euronext Dublin and the UK National Storage Mechanism and will be shortly available for inspection at www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism.

-ENDS-

For further information, please contact:

Conor Gouldson

Paddy McDonnell

Head of Corporate Governance

Head of Media Relations

AIB Group plc

AIB Group plc

Dublin

Dublin

Tel: +353-1-772 0030

Tel: 353-1-641 2869

email: conor.w.gouldson@aib.ie

email: paddy.x.mcdonnell@aib.ie

 


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