Annual General Meeting Results
Beazley plc
AGM Results
Dublin, 23 March 2011
Beazley plc - Annual General Meeting Results
Beazley plc held its annual general meeting for shareholders at 12pm today and announces that all the resolutions were duly passed.
In accordance with Listing Rule 9.6.3, full details of the resolutions passed as special business will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.Hemscott/nsm.do.
For information, the results of the AGM are set out below. The total number of votes received by the Chairman for use in a poll for each resolution is set out below. The number of 5p ordinary shares in issue and the number of voting rights on 22 March 2011 was 517,729,397.
|
Resolution No. |
Description |
Votes in Favour and discretionary |
Votes Against |
Votes Withheld |
|
1 |
To receive the Financial Statements |
413,537,944
|
1,006,781
|
1,629
|
|
2 |
To receive and adopt the Directors' Remuneration Report |
374,776,594 |
27,277,558 |
12,492,202 |
|
3 |
To approve the payment of a second interim dividend of 7.6 pence per Ordinary Share
|
413,126,814 |
0 |
1,419,540 |
|
4 |
To re-elect Ken Sroka as a Director of the Company |
414,199,282 |
330,650 |
16,422 |
|
5 |
To re-elect Rolf Tolle as a Director of the Company |
409,192,197 |
5,337,735 |
16,422 |
|
6 |
To re-elect Adrian Cox as a Director of the Company |
413,078,021 |
1,458,123 |
10,210 |
|
7 |
To re-elect Neil Maidment as a Director of the Company |
413,085,876 |
1,454,978 |
5,500 |
|
8 |
To re-elect Nicholas Furlonge as a Director of the Company |
413,085,376 |
1,455,478 |
5,500 |
|
9 |
To reappoint KPMG as Auditors of the Company |
408,928,230 |
3,301,293 |
2,316,831 |
|
10 |
To authorise the Directors to agree the Auditors' remuneration |
409,858,483 |
3,265,247 |
1,422,624 |
|
11 |
To authorise the Directors to allot shares |
400,251,133 |
7,221,171 |
7,074,050 |
|
12 |
To disapply pre-emption rights |
414,496,915 |
38,985 |
10,454 |
|
13* |
To authorise the Company to make market purchases of Ordinary Shares |
414,534,344 |
12,010 |
0 |
|
14* |
To allow the Company to hold general meetings (other than annual general meetings) on 14 clear days' notice |
390,620,805 |
22,502,925 |
1,422,624 |
|
15* |
To adopt the Company's new Articles of Association |
413,115,399 |
3,722 |
1,427,233 |
* Special resolution
For further information, please contact:
Beazley plc
Sian Coope
+353 (0)1 854 4700
Note to editors:
Beazley plc (BEZ.L), is the parent company of specialist insurance businesses with operations in Europe, the US, Asia and Australia. Beazley manages five Lloyd's syndicates and, in 2010, underwrote gross premiums worldwide of $1,741.6 million. All Lloyd's syndicates are rated A by A.M. Best.
Beazley's underwriters in the United States focus on writing a range of specialist insurance products. In the admitted market, coverage is provided by Beazley Insurance Company, Inc., an A.M. Best A rated carrier licensed in all 50 states. In the surplus lines market, coverage is provided by the Beazley syndicates at Lloyd's.
Beazley is a market leader in many of its chosen lines, which include professional indemnity, property, marine, reinsurance, accident and life, and political risks and contingency business.
For more information please go to: www.beazley.com
This information is provided by RNS