Result of AGM

RNS Number : 2686T

Caledonia Investments PLC

16 July 2015

 



Caledonia Investments plc: Result of Annual General Meeting

Caledonia Investments plc (the "Company") is pleased to announce that all of the resolutions proposed at its annual general meeting held on 16 July 2015 were duly passed. Resolutions 9, 10, 11, 12, 13 and 14, relating to the election of independent directors, were passed by separate majorities of all shareholders and of those shareholders who are independent of the Cayzer family concert party, the members of which are regarded as controlling shareholders for the purposes of the Listing Rules.

The following table indicates the number of valid proxy votes lodged in advance of the meeting for each of the resolutions. It should be noted that votes withheld do not constitute votes in law and therefore are not counted in the number of votes for or against any resolution.

Resolution		In favour		Against		Withheld	Total lodged
No		No.	%	No.	%	No.	No.
1	To receive and adopt the directors' report and the accounts for the year ended 31 March 2015	37,651,724	99.99	554	0.01	670	37,652,948
2	To approve the directors' remuneration report for the year ended 31 March 2015 (other than the directors' remuneration policy)	37,495,633	99.59	152,545	0.41	4,770	37,652,948
3	To approve and declare a final dividend of 36.8p per ordinary share	37,651,724	99.99	554	0.01	670	37,652,948
4	To re-elect Mr R D Kent as a director	37,571,089	99.79	78,472	0.21	3,387	37,652,948
5	To re-elect Mr W P Wyatt as a director	37,617,501	99.91	33,377	0.09	2,070	37,652,948
6	To re-elect Mr S A King as a director	37,650,324	99.99	554	0.01	2,070	37,652,948
7	To re-elect Mr J M B Cayzer-Colvin as a director	37,645,324	99.99	5,554	0.01	2,070	37,652,948
8	To re-elect The Hon C W Cayzer as a director	37,489,577	99.57	161,301	0.43	2,070	37,652,948
9	To re-elect Mr H Y H Boël as a director (all shareholders)	36,124,854	96.51	1,308,184	3.49	219,910	37,652,948
9	To re-elect Mr H Y H Boël as a director (independent shareholders)	10,675,218	89.08	1,308,184	10.92	219,910	12,203,312
10	To re-elect Mr S J Bridges as a director (all shareholders)	37,643,789	99.98	5,772	0.02	3,387	37,652,948
10	To re-elect Mr S J Bridges as a director (independent shareholders)	12,194,153	99.95	5,772	0.05	3,387	12,203,312
11	To re-elect Mr C H Gregson as a director (all shareholders)	37,645,224	99.98	5,654	0.02	2,070	37,652,948
11	To re-elect Mr C H Gregson as a director (independent shareholders)	12,195,588	99.95	5,654	0.05	2,070	12,203,312
12	To re-elect Mr R B Woods as a director (all shareholders)	37,645,224	99.98	5,654	0.02	2,070	37,652,948
12	To re-elect Mr R B Woods as a director (independent shareholders)	12,195,588	99.95	5,654	0.05	2,070	12,203,312
13	To elect Mr D C Stewart as a director (all shareholders)	37,649,971	99.99	604	0.01	2,373	37,652,948
13	To elect Mr D C Stewart as a director (independent shareholders)	12,200,335	99.99	604	0.01	2,373	12,203,312
14	To elect Mrs S C R Jemmett-Page as a director (all shareholders)	37,650,174	99.99	704	0.01	2,070	37,652,948
14	To elect Mrs S C R Jemmett-Page as a director (independent shareholders)	12,200,538	99.99	704	0.01	2,070	12,203,312
15	To re-appoint KPMG LLP as  auditor	37,617,161	99.91	34,967	0.09	820	37,652,948
16	To authorise the directors to agree the auditor's remuneration	37,626,071	99.93	26,207	0.07	670	37,652,948
17	To grant the Company authority to make market purchases of its own shares	37,644,185	99.98	8,120	0.02	670	37,652,975
18	To approve the waiver of the mandatory offer provisions set out in Rule 9 of the City Code on Takeovers and Mergers in relation to the Cayzer Concert Party*	9,544,622	79.01	2,535,899	20.99	121,372	12,201,893
19	To authorise the allotment of unissued shares	37,640,911	99.98	9,014	0.02	3,023	37,652,948
20	To authorise the allotment of shares on a non pre-emptive basis	37,614,237	99.95	18,461	0.05	20,250	37,652,948
21	To authorise the convening of general meetings (other than annual general meetings) on not less than 14 clear days' notice	37,141,996	98.64	510,282	1.36	670	37,652,948

*As required by the City Code on Takeovers and Mergers, the Cayzer family concert party did not vote on this resolution.

Each of the resolutions was voted on by way of a show of hands, other than resolution 18 which was voted on by way of a poll. The numbers of votes cast at the meeting on resolution 18 were 9,469,302 in favour and 2,535,899 against.

At the date of the annual general meeting there were 55,381,017 ordinary shares with voting rights in issue. No shares are held in treasury.

In accordance with Listing Rule 9.6.2, copies of resolutions 17 to 21, being the resolutions passed as special business at the annual general meeting, have been submitted to the National Storage Mechanism and will shortly be available at: www.Hemscott.com/nsm.do.

Enquiries:

G P Denison,

Company Secretary

Tel: [phone]

16 July 2015

END

All of the resolutions proposed at the annual general meeting are also set out in the circular to shareholders incorporating the notice of the 2015 annual general meeting available on Caledonia's website at www.caledonia.com.

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.

 

END

 

 

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