Result of AGM

RNS Number : 9475X
Dalata Hotel Group PLC
02 May 2019
 

 

 

                AGM RESULTS

 

ISE: DHG              LSE: DAL

 

 

Dublin, 2 May 2019 | Dalata Hotel Group plc ("Dalata" or the "Group"), Ireland's largest hotel operator, today announces that all resolutions proposed at the Annual General Meeting of the Company were passed. Voting on all resolutions was conducted by poll and the results are set out below. The full text of each resolution was included in the notice of the Annual General Meeting of the Company circulated to shareholders on 01 April 2019 and made available on the Company's website www.dalatahotelgroup.com 

In accordance with the Listing Rules copies of the resolutions passed at the Annual General Meeting of the Company have been forwarded to both the Irish Stock Exchange and the UK National Storage Mechanism and will shortly be available for inspection at the following locations: -

Companies Announcements Office,

Euronext Dublin

28 Anglesea Street

Dublin 2

 

And

http://www.morningstar.co.uk/uk/NSM

The results of the proxy voting received for each resolution, are outlined below.

 

 

Resolution 1:

 

To receive and consider the annual report and accounts for the year ended 31 December 2018 together with the reports of the Directors and Auditors.

 

Votes For

Votes Against

Total       

Votes

Votes

Withheld

Total including withheld

No.

%

No.

%

 

 

Votes

140,277,723

99.91%

131,255

0.09%

140,408,978

114,715

 

  140,523,693

 

 

Resolution 2:

 

Recommendation for the payment of a final dividend.

 

Votes For

Votes Against

Total       

Votes

Votes

Withheld

Total including withheld

No.

%

No.

%

 

 

Votes

140,523,693

100%

0

0%

140,523,693

0

 

 140,523,693

 

Resolution 3:

 

To receive and consider the Director's Report on Remuneration for the year ended 31 December 2018.

 

Votes For

Votes Against

Total       

Votes

Votes

Withheld

Total including withheld

No.

%

No.

%

 

 

Votes

139,005,024

99.64%

508,254

0.36%

139,513,278

1,010,415

 

 140,523,693

 

 

 

Resolution 4 (a):

 

To re-appoint John Hennessy as a Director

Votes For

Votes Against

Total       

Votes

Votes

Withheld

Total including withheld

No.

%

No.

%

 

 

Votes

139,703,269

99.42%

820,424

0.58%

140,523,693

0

 

 140,523,693

 

 

Resolution 4 (b):

 

To re-appoint Pat McCann as a Director

Votes For

Votes Against

Total       

Votes

Votes

Withheld

Total including withheld

No.

%

No.

%

 

 

Votes

137,432,731

97.80%

3,090,962

2.20%

140,523,693

0

 

 140,523,693

 

 

Resolution 4 (c):

 

To re-appoint Stephen McNally as a Director.

Votes For

Votes Against

Total       

Votes

Votes

Withheld

Total including withheld

No.

%

No.

%

 

 

Votes

137,256,075

97.67%

3,267,618

2.33%

140,523,693

0

 

 140,523,693

 

 

Resolution 4 (d):

 

To re-appoint Dermot Crowley as a Director.

Votes For

Votes Against

Total       

Votes

Votes

Withheld

Total including withheld

No.

%

No.

%

 

 

Votes

137,256,075

97.67%

3,267,618

2.33%

140,523,693

0

 

 140,523,693

 

 

 

 

Resolution 4 (e):

 

To re-appoint Robert Dix as a Director.

Votes For

Votes Against

Total       

Votes

Votes

Withheld

Total including withheld

No.

%

No.

%

 

 

Votes

127,513,076

99.68%

407,753

0.32%

127.920.829

12,602,864

 

 140,523,693

 

 

 

Resolution 4 (f):

 

To re-appoint Alf Smiddy as a Director.

 

Votes For

Votes Against

Total       

Votes

Votes

Withheld

Total including withheld

No.

%

No.

%

 

 

Votes

133,085,320

94.71%

7,438,373

5.29%

140,523,693

0

 

 140,523,693

 

 

Resolution 4 (g):

 

To re-appoint Margaret Sweeney as a Director.

 

Votes For

Votes Against

Total       

Votes

Votes

Withheld

Total including withheld

No.

%

No.

%

 

 

Votes

139,986,248

99.62%

537,445

0.38%

140,523,693

0

 

 140,523,693

 

 

Resolution 5:

 

To authorise the Directors to determine the remuneration of the Auditors.

 

Votes For

Votes Against

Total       

Votes

Votes

Withheld

Total including withheld

No.

%

No.

%

 

 

Votes

119,468,231

93.39%

8,452,598

6.61%

127,920,829

12,602,864

 

 140,523,693

 

Resolution 6:

 

To authorise the Directors to allot shares.

Votes For

Votes Against

Total       

Votes

Votes

Withheld

Total including withheld

No.

%

No.

%

 

 

Votes

130,630,098

92.96%

9,893,595

7.04%

140,523,693

0

 

 140,523,693

 

Resolution 7:

 

Special resolution to authorise the Directors to dis-apply statutory

pre-emption rights.

Votes For

Votes Against

Total       

Votes

Votes

Withheld

Total including withheld

No.

%

No.

%

 

 

Votes

140,337,693

99.87%

186,000

0%

140,523,693

0

 

 140,523,693

 

Resolution 8:

 

Special resolution to authorise the Directors to dis-apply statutory

pre-emption rights in additional circumstances

Votes For

Votes Against

Total       

Votes

Votes

Withheld

Total including withheld

No.

%

No.

%

 

 

Votes

133,777,278

95.20%

6,746,415

4.80%

140,523,693

0

 

 140,523,693

 

Resolution 9:

 

Special resolution to authorise the Directors to make market purchases of the Company's shares

 

Votes For

Votes Against

Total       

Votes

Votes

Withheld

Total including withheld

No.

%

No.

%

 

 

Votes

138,991,894

98.91%

1,531,799

1.09%

140,523,693

0

 

 140,523,693

 

Resolution 10:

 

Special resolution to authorise the Directors to re-allot treasury shares

 

Votes For

Votes Against

Total       

Votes

Votes

Withheld

Total including withheld

No.

%

No.

%

 

 

Votes

139,407,082

99.21%

1,116,611

0.79%

140,523,693

0

 

 140,523,693

 

 

 

Resolution 11:

 

Special resolution to allow the Director's to call a general meeting using the shorter notice period (14 clear days)

 

Votes For

Votes Against

Total       

Votes

Votes

Withheld

Total including withheld

No.

%

No.

%

 

 

Votes

132,825,543

94.52%

7,698,150

5.48%

140,523,693

0

 

 140,523,693

 

The "Vote Withheld" option is provided to enable abstention on any particular resolution. However, it should be noted that a "Vote Withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" a resolution.

 

 

ENDS

Upcoming events

Dalata expects to announce its results for the six months to 30 June 2019 on Tuesday 3 September 2019. Dalata will host a Capital Markets Day for analysts and institutional investors in London on Tuesday 5 November 2019. 

 

About Dalata

Dalata Hotel Group plc was founded in August 2007 and listed as a plc in March 2014. Dalata has a strategy of owning or leasing its hotels and also has a small number of management contracts. The Group's portfolio consists of 30 owned hotels, ten leased hotels and three management contracts with a total of 9,046 bedrooms. In addition to this, the Group is currently developing eight new hotels with a total of 2,193 bedrooms and these will open over the next three years. This will bring the total number of bedrooms in Dalata to over 11,000. Dalata now has close to 5,000 employees. For the full year 2018, Dalata reported revenue of €393.7 million and a profit after tax of €75.2 million. Dalata is listed on the Main Market of Euronext Dublin (DHG) and the London Stock Exchange (DAL). For further information visit: www.dalatahotelgroup.com.

 

Contacts

 

 

 

Dalata Hotel Group plc

Tel +353 1 206 9400

Pat McCann, CEO

investorrelations@dalatahotelgroup.com

Dermot Crowley, Deputy CEO,

Business Development and Finance

 

Sean McKeon, Company Secretary and

Head of Risk and Compliance

 

 

 

Joint Company Brokers

 

Davy: Anthony Farrell

Tel +353 1 679 6363

Berenberg: Ben Wright

Tel +44 20 3753 3069

 

 

Investor Relations and PR | FTI Consulting

Tel +353 86 401 5250

Melanie Farrell

dalata@fticonsulting.com

 

 


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