Result of AGM

RNS Number : 9779A
AO World plc
28 September 2022
 

AO World PLC ("Company")

Result of Annual General Meeting

 

At the Annual General Meeting (AGM) of AO World plc held earlier today all the resolutions put to the meeting were passed.  Details of the votes cast are shown in the table below.

 


Resolution

Votes in favour*

Votes against

Total number of votes cast

Votes Withheld**

No. of shares

%

No. of shares

%

No. of shares

1

To receive the report and accounts

485,623,500

99.99

19,980

0.01

485,720,025

76,545

2

To approve the Directors' remuneration report

472,852,547

97.35

12,866,597

2.65

485,720,025

881

3

To approve the Directors' remuneration policy

431,426,258

88.82

54,291,724

11.18

485,720,025

2,043

4

To re-elect Geoff Cooper as a Director

473,447,683

97.47

12,269,584

2.53

485,720,025

2,758

5

To re-elect John Roberts as a Director

485,590,588

99.97

126,679

0.03

485,720,025

2,758

6

To re-elect Mark Higgins as a Director

485,478,489

99.95

238,778

0.05

485,720,025

2,758

7

To re-elect Chris Hopkinson as a Director

464,597,648

95.65

21,119,618

4.35

485,720,025

2,759

8

To re-elect Marisa Cassoni as a Director

474,353,833

97.66

11,363,474

2.34

485,720,025

2,718

9

To re-elect Shaun McCabe as a Director

469,142,309

96.59

16,574,957

3.41

485,720,025

2,759

10

To re- appoint KPMG LLP as auditors

485,695,785

99.99

23,320

0.01

485,720,025

920

11

To authorise the Directors to determine the remuneration of the auditors

485,696,932

99.99

22,213

0.01

485,720,025

880

12

To authorise the Directors to allot shares

477,462,315

98.30

8,254,992

1.70

485,720,025

2,718

13

To disapply pre-emption rights***

478,734,343

98.56

6,982,964

1.44

485,720,025

2,718

14

To disapply pre-emption rights - limited to an acquisition or capital investment***

478,518,621

98.52

7,198,686

1.48

485,720,025

2,718

15

To authorise the Company to purchase its own shares***

481,687,562

99.17

4,027,204

0.83

485,720,025

5,259

16

To authorise the Company to make political donations

444,094,703

91.43

41,619,442

8.57

485,720,025

5,880

17

To authorise the Company to hold general meetings on 14 days' notice***

484,631,330

99.78

1,086,815

0.22

485,720,025

1,880

18

To adopt the restructured Value Creation Plan and amend the AO 2018 Incentive Plan

431,776,581

88.91

53,875,037

11.09

485,720,025

68,407

 

*  Includes those votes giving the Chairman discretion

**  A vote 'Withheld' has no legal effect and is not counted in the votes 'For' and 'Against' a resolution

*** Passed as special resolutions

 

The maximum number of votes cast was 485,720,025 representing 84.19% of the Company's issued share capital of as at 6pm on 27 September 2022.

 

In accordance with Listing Rule 9.6.2, copies of all the resolutions passed as special business have been submitted to the National Storage Mechanism and will shortly be available for viewing here .

 

Enquiries:

AO World plc

Julie Finnemore

Company Secretary

cosec@ao.com

 

 

 

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