Result of AGM

Auto Trader Group plc
14 September 2023
 

Auto Trader Group plc Result of Annual General Meeting

Auto Trader Group plc (LSE: AUTO, "Auto Trader" or the "Company"), the UK's largest digital automotive marketplace, announces the results of the Company's Annual General Meeting ("AGM") held on 14 September 2023. 

Each of the resolutions were voted on by way of a poll, and the result of each resolution is shown below. All resolutions were passed.

The total number of shares on the register at 6pm on 12 September 2023, therefore those being eligible to be voted on at the AGM, was 916,535,082 (excluding treasury shares).


For*

Against

Total votes cast

% of ISC

Votes withheld***

Resolution

No. of votes

%**

No. of votes

%**

No. of votes

%

No. of votes

1.   To receive the Annual Report and Accounts of the Company for the financial year ended 31 March 2023

726,409,696

100.00

0

0.00

726,409,696

79.26%

10,098,655

2.   To approve the Directors' Remuneration Report

706,110,308

95.91

30,101,147

4.09

736,211,455

80.33%

296,896

3.   To declare a final dividend of 5.6 pence per ordinary share for the year ended 31 March 2023

736,497,779

100.00

0

0.00

736,497,779

80.36%

10,572

4.   To elect Matt Davies as a Director

715,865,980

97.20

20,614,523

2.80

736,480,503

80.35%

27,848

5.   To re-elect Nathan Coe as a Director

736,312,872

99.98

167,631

0.02

736,480,503

80.35%

27,848

6.   To re-elect David Keens as a Director

725,326,131

98.49

11,140,806

1.51

736,466,937

80.35%

41,414

7.   To re-elect Jill Easterbrook as a Director

721,056,959

97.91

15,422,152

2.09

736,479,111

80.35%

29,240

8.   To re-elect Jeni Mundy as a Director

715,365,760

98.42

11,503,155

1.58

726,868,915

79.31%

9,639,436

9.   To re-elect Catherine Faiers as a Director

736,304,244

99.98

176,259

0.02

736,480,503

80.35%

27,848

10. To re-elect Jamie Warner as a Director

735,605,412

99.88

875,091

0.12

736,480,503

80.35%

27,848

11. To re-elect Sigga Sigurdardottir as a Director

724,972,695

98.44

11,506,416

1.56

736,479,111

80.35%

29,240

12. To re-elect Jasvinder Gakhal as a Director

724,974,695

98.44

11,504,416

1.56

736,479,111

80.35%

29,240

13. To re-appoint KPMG LLP as auditors of the Company

726,673,087

98.67

9,757,930

1.33

736,431,017

80.35%

77,334

14. To authorise the Board to determine the auditors' remuneration

736,346,756

99.98

144,534

0.02

736,491,290

80.36%

17,061

15. To authorise the Directors to allot shares ****

716,812,742

97.33

19,682,760

2.67

736,495,502

80.36%

12,849

16. To authorise the partial disapplication of pre-emption rights****

702,443,314

95.38

34,034,514

4.62

736,477,828

80.35%

30,523

17. To authorise the partial disapplication of pre-emption rights in connection with an acquisition or investment****

617,758,912

84.02

117,514,692

15.98

735,273,604

80.22%

1,234,747

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

726,792,281

98.69

9,642,683

1.31

736,434,964

80.35%

73,387

19. To authorise the Company to call general meetings on not less than 14 clear days' notice****

700,915,864

95.17

35,579,763

4.83

736,495,627

80.36%

12,724

NOTES:

* The "For" votes include those giving the Chairman discretion.

** Votes "For" and "Against" are expressed as a percentage of votes received.

***A vote "withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" the resolution.   

****Denotes Special Resolutions

The full text of the resolutions can be found in the Notice of Annual of General Meeting, which is available for inspection at the National Storage Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism and also on the Company's website at https://plc.autotrader.co.uk

A copy of the resolutions passed under special business (as defined by the listing rules of the UK Listing Authority) will shortly be submitted to the National Storage Mechanism for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

Auto Trader Group plc
Claire Baty, Company Secretary   

0345 111 0006 

Powerscourt

autotrader@powerscourt-group.com

 

+44 (0)20 7250 1446

About Auto Trader

 

Auto Trader Group plc is the UK's largest automotive marketplace. It listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.

 

Auto Trader's purpose is Driving Change Together. Responsibly. Auto Trader is committed to creating a diverse and inclusive culture, it aims to build stronger partnerships with its customers and use its voice and influence to drive more environmentally friendly vehicle choices.

 

With the largest number of car buyers and the largest choice of trusted stock, Auto Trader's marketplace sits at the heart of the UK car buying process. That marketplace is built on an industry-leading technology and data platform, which is increasingly used across the automotive industry. Auto Trader is continuing to bring more of the car buying journey online, creating an improved buying experience, whilst enabling all its retailer partners to sell vehicles online.

 

Auto Trader publishes a monthly used car Retail Price Index which is based on pricing analysis of circa 800,000 unique vehicles. This data is used by the Bank of England to feed the broader UK economic indicators.

 

For more information, please visit: https://plc.autotrader.co.uk/

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings