Result of AGM

RNS Number : 1666D
Ashmore Group PLC
22 October 2015
 



 

Ashmore Group plc (the "Company")

22 October 2015

Results of Annual General Meeting ("AGM")

 

The board of Ashmore Group plc (the "Board"), is pleased to announce that at the AGM of the Company held earlier today all resolutions were duly passed on a poll. All of the resolutions are accordingly declared as carried. Resolutions 5, 6, 7, 8 and 9, relating to the election of Independent Non-executive Directors, are carried by a majority of votes cast by both Independent Shareholders as well as by a majority of votes cast by all Shareholders.

 

The results of the poll on each resolution were as follows:

 


FOR

AGAINST

ABSTAIN*

TOTAL VOTE

% age of total Votes in Favour

Resolution Number

No. of Votes

 

No. of Votes

 

No. of Votes

 


1. To receive and adopt the Report and Accounts for the year ended 30 June 2015

542,747,699

801

75,599

542,748,500

100.00%

2.  To declare a final dividend for the year ended 30 June 2015 of 12.1 pence per Ordinary Share

542,763,583

0

60,516

542,763,583

100.00%

3.  To re-elect Mark Coombs as a Director

542,743,834

18,223

62,042

542,762,057

100.00%

4.  To re-elect Tom Shippey as a Director

542,743,834

18,223

62,042

542,762,057

100.00%

5.  To re-elect Nick Land as a Director (all shareholders)

542,653,520

108,537

62,042

542,762,057

99.98%

5.To re-elect Nick Land as a Director  (independent shareholders)

255,770,629

108,537

62,042

255,879,166

99.96%

6.  To re-elect Simon Fraser as a Director (all shareholders)

542,481,511

280,546

62,042

542,762,057

99.95%

6.  To re-elect Simon Fraser as a Director (independent shareholders)

255,598,620

280,546

62,042

255,879,166

99.89%

7.  To re-elect Dame Anne Pringle as a Director (all shareholders)

542,726,183

33,874

64,042

542,760,057

99.99%

7. To re-elect Dame Anne Pringle as a Director (independent shareholders)

255,843,292

33,874

64,042

255,877,166

99.99%

8.  To elect David Bennett as a Director (all shareholders)

542,740,079

21,978

62,042

542,762,057

100.00%

8. To elect David Bennett as a Director (independent shareholders)

255,857,188

21,978

62,042

255,879,166

99.99%

9.  To elect Peter Gibbs as a Director (all shareholders)

542,735,783

26,274

62,042

542,762,057

100.00%

9. To elect Peter Gibbs as a Director (independent shareholders)

255,852,892

26,274

62,042

255,879,166

99.99%

10. To approve the Remuneration Report for the year ended 30 June 2015

483,099,146

55,485,785

4,239,168

538,584,931

89.70%

11.  To re-appoint KPMG LLP as auditors

539,833,388

2,928,220

62,491

542,761,608

99.46%

12.  To authorise the Directors to agree the remuneration of the auditors

542,734,649

28,511

60,939

542,763,160

99.99%

13.  To authorise political donations and political expenditure

541,979,616

766,646

77,837

542,746,262

99.86%

14. To authorise the Directors to allot shares

542,693,954

65,958

64,187

542,759,912

99.99%

15.  To authorise the dis-application of pre-emption rights **

540,477,520

2,276,495

70,084

542,754,015

99.58%

16.  To authorise market purchases of shares**

542,754,657

3,323

66,119

542,757,980

100.00%

17.  To approve the renewal of the waiver of the obligation under Rule 9 of the Takeover Code ***

182,997,870

67,925,570

291,900,659

250,923,440

72.93%

18.  To reduce the notice period for general meetings other than an Annual General Meeting**

536,509,336

3,431,198

2,883,565

539,940,534

99.36%

19.  To approve the adoption of the Ashmore Executive Omnibus Plan 2015

463,504,577

59,451,444

19,868,078

522,956,021

88.63%

 

*              A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "for" or "against" a resolution.

**           Indicates Special Resolutions requiring a 75% majority

***         Mark Coombs has not voted on Resolution 17 as an interested party

 

With effect from the conclusion of the annual general meeting:

 

1.    Michael Benson has retired from the Board and Peter Gibbs has been appointed Chairman

2.    Simon Fraser has been appointed as the Senior Independent Director

3.    The following are the memberships of the Ashmore Board Committees

  

Audit and Risk

Remuneration

Nominations

David Bennett (Chairman)

Simon Fraser (Chairman)

Peter Gibbs (Chairman)

Simon Fraser

Peter Gibbs

Simon Fraser

Dame Anne Pringle

Dame Anne Pringle

David Bennett


David Bennett


 

In keeping with best practice, Ashmore regularly engages with its major shareholders on a range of matters. Prior to the AGM the Company consulted with a number of shareholders and proxy advisor bodies to discuss the business being proposed at the Company's AGM, and to understand the reasons for shareholders voting against any particular resolution, such as Resolution 17. The Board is kept informed of, and assesses any shareholder feedback relating to such matters.

 

The above summary of proxy votes will shortly be available on the Company's website, www.ashmoregroup.com.

 

For further details, please contact:

 

Michael Perman

Company Secretary

Ashmore Group plc

61, Aldwych

London WC2B 4AE

 

(T) +44 (0)20 3077 6190

(F) +44 (0)20 3077 6001

(E) michael.perman@ashmoregroup.com

 

 

 

 

END

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RAGMTBJTMBATBFA
UK 100

Latest directors dealings