Result of AGM

RNS Number : 8860E

Caledonia Investments PLC

21 July 2016

 

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 21 July 2016 were duly passed. Resolutions 8, 9, 10, 11, and 12, relating to the re-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 annual report and accounts for the year ended 31 March 2016	36,571,674	99.73	98,573	0.27	0	36,670,247
2	To approve the directors' remuneration report for the year ended 31 March 2016 (other than the directors' remuneration policy)	35,705,029	97.56	891,670	2.44	73,548	36,670,247
3	To re-elect Mr R D Kent a director	36,621,643	99.87	47,310	0.13	1,294	36,670,247
4	To re-elect Mr W P Wyatt a director	36,530,696	99.73	97,209	0.27	42,342	36,670,247
5	To re-elect Mr S A King a director	36,627,905	100.00	0	0.00	42,342	36,670,247
6	To re-elect Mr J M B Cayzer-Colvin a director	36,628,280	100.00	0	0.00	41,967	36,670,247
7	To re-elect The Hon C W Cayzer a director	36,529,330	99.73	98,950	0.27	41,967	36,670,247
8	To re-elect Mr H Y H Boël a director (all shareholders)	32,539,441	92.43	2,665,546	7.57	1,465,260	36,670,247
8	To re-elect Mr H Y H Boël a director (independent shareholders)	7,236,713	73.08	2,665,546	26.92	1,465,260	11,367,519
9	To re-elect Mr S J Bridges a director (all shareholders)	36,665,037	99.99	3,343	0.01	1,867	36,670,247
9	To re-elect Mr S J Bridges a director (independent shareholders)	11,362,309	99.97	3,343	0.03	1,867	11,367,519
10	To re-elect Mr C H Gregson a director (all shareholders)	36,655,780	99.97	12,600	0.03	1,867	36,670,247
10	To re-elect Mr C H Gregson a director (independent shareholders)	11,353,052	99.89	12,600	0.11	1,867	11,367,519
11	To re-elect Mrs S C R Jemmett-Page a director (all shareholders)	36,661,333	99.98	7,700	0.02	1,214	36,670,247
11	To re-elect Mrs S C R Jemmett-Page a director (independent shareholders)	11,358,605	99.93	7,700	0.07	1,214	11,367,519
12	To re-elect Mr D C Stewart a director (all shareholders)	36,661,153	99.98	7,500	0.02	1,594	36,670,247
12	To re-elect Mr D C Stewart a director (independent shareholders)	11,358,425	99.93	7,500	0.07	1,594	11,367,519
13	To re-appoint KPMG LLP as  auditor	36,626,688	99.88	43,559	0.12	0	36,670,247
14	To authorise the directors to agree the auditor's remuneration	35,835,248	97.72	834,649	2.28	350	36,670,247
15	To grant the Company authority to make market purchases of its own shares	36,663,457	99.98	5,935	0.02	855	36,670,247
16	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*	6,713,095	59.79	4,515,269	40.21	139,155	11,367,519
17	To authorise the allotment of unissued shares	36,662,797	99.98	5,700	0.02	1,750	36,670,247
18	To authorise the allotment of shares on a non pre-emptive basis	36,646,801	99.96	15,596	0.04	7,850	36,670,247
19	To authorise the convening of general meetings (other than annual general meetings) on not less than 14 clear days' notice	36,133,995	98.54	536,251	1.46	0	36,670,246

*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 16 which was voted on by way of a poll. The numbers of votes cast at the meeting on resolution 16 were 6,707,832 in favour and 4,515,269 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 9.6.2R, copies of resolutions 15 to 19, 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]

21 July 2016

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 2016 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

 

 

RAGRBMBTMBATBRF