Result of AGM

Diploma PLC
17 January 2024
 

 



                 10-11 CHARTERHOUSE SQUARE, LONDON EC1M 6EE

TELEPHONE: +44 (0)20 7549 5700

FACSIMILE: +44 (0)20 7549 5715

 

 

 

FOR IMMEDIATE RELEASE

 

17 JANUARY 2024

 

 

RESULT OF ANNUAL GENERAL MEETING ("AGM")

 

All of the resolutions put to shareholders at the AGM of Diploma PLC ("Diploma" or the "Company"") held today, were passed by poll votes. The full text of each resolution is contained in the Notice of Annual General Meeting, which is available on the Company's website. The results of the AGM have now been published on the Company's website at https://www.diplomaplc.com/investors/shareholder-centre/

 

The results of the poll incorporating proxy votes lodged in advance of the meeting are set out below (rounded to 2 decimal places).

 

Summary of Votes Cast

 

Resolution

Description

For

%

Against

%

 

Withheld









1

REPORT AND ACCOUNTS

 

109,791,268

 

 

99.86%

 

149,897

 

0.14%


 

191,241

2

FINAL DIVIDEND OF 40.0p

 

110,106,900

 

99.98%

 

25,203

 

0.02%


 

303

3

RE-ELECT D.LOWDEN

 

89,602,546

 

 

82.43%

 

19,100,237

 

17.57%


 

1,429,623

4

RE-ELECT JD THOMSON

 

 110,120,595

 

99.99%

 

8,089

 

0.01%


 

3,722

5

RE-ELECT C.DAVIES

 

109,709,969

 

 

99.62%

 

418,746

 

0.38%


 

3,691

6

RE-ELECT AP SMITH

 

106,711,904

 

 

97.29%

 

2,972,248

 

2.71%


 

448,254

7

RE-ELECT A.THORBURN

 

 105,164,360

 

95.49%

 

4,964,322

 

4.51%


 

3,724

8

ELECT J.WARD

 

109,948,013

 

 

99.84%

 

180,671

 

0.16%


 

3,722

9

RE-ELECT G.HUSE

 

 107,384,550

 

97.51%

 

2,743,763

 

2.49%


 

4,093

10

RE-ELECT D.FINCH

 

107,482,864

 

 

97.60%

 

2,645,074

 

2.40%


 

4,468

11

RE-APPOINT AUDITOR

 

 109,948,957

 

 

99.84%

 

176,199

 

0.16%


 

7,250

12

REMUNERATION OF AUDITORS

 

110,123,824

 

100.00%

 

4,447

 

0.00%


 

4,135

13

REMUNERATION REPORT

 

103,761,729

 

 

94.22%

 

6,365,795

 

5.78%


 

4,882

14

AUTHORITY TO ALLOT SHARES

 

104,873,867

 

 

95.23%

 

5,254,954

 

4.77%


 

3,585

15 (SR)

DISAPPLICATION OF PRE-EMPTION RIGHTS

 

108,953,871

 

 

99.20%

 

874,159

 

0.80%


 

304,376

16 (SR)

FURTHER DISAPPLICATION OF PRE-EMPTION RIGHTS

 

 

108,007,226

 

 

98.34%

 

1,820,704

 

1.66%


 

304,476

17 (SR)

AUTHORITY TO MAKE MARKET PURCHASES OF ORDINARY SHARES

 

109,513,523

 

 

99.85%

 

159,814

 

0.15%


 

459,069

18 (SR)

DIVIDEND RATIFICATION

 

109,919,065

 

 

100.00%

 

3,397

 

0.00%


 

36,697

19 (SR)

CALL GENERAL MEETINGS

 

105,602,091

 

 

95.89%

 

4,524,593

 

4.11%


 

5,722

 


Notes:

 

1.     A total of 110,123,824 votes were validly cast.

2.     The Company's Issued Share Capital ("ISC") is 134,091,975 ordinary shares of 5p each and the proportion of the ISC represented by those votes validly cast is 82.13%.

3.     A vote withheld is not a vote in law and is not counted.

 

In relation to Resolution 18, HMRC has confirmed that, as set out in Schedule 1 of the Notice of Annual General Meeting:

 

a.     the full amount of the FY21 Interim Dividend will continue to be treated as a distribution for UK tax purposes, meaning such amount is deemed to have been paid for UK tax purposes as at the date of payment on 16 June 2021; and

 

b.     the proposed release of claims against shareholders who were recipients of the Relevant Dividend (the "Recipient Shareholders") will not impact the tax treatment of the distribution for Recipient Shareholders who are UK tax resident.

If any UK resident shareholder has any doubts about his or her tax position, he or she should consult with an independent professional advisor.

 

In accordance with Listing Rule 9.6.1, a copy of the resolutions, other than those concerning ordinary business has been submitted to the National Storage Mechanism and will shortly be available for inspection at  https://data.fca.org.uk/#/nsm/nationalstoragemechanism   

Terms used but not defined in this announcement have the meaning set out in the Notice of Annual General Meeting.

               

J Morrison

Group General Counsel & Company Secretary

Diploma PLC

 

For further information, please contact:

 

Diploma PLC -

+44 (0)20 7549 5700

John Morrison, Group General Counsel & Company Secretary

 



 

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