Result of AGM

RNS Number : 9411I

Ferguson PLC

29 November 2018

 

ANNUAL GENERAL MEETING: RESOLUTIONS 

Ferguson plc (the "Company") is pleased to announce that, at its AGM held earlier today, shareholders passed each of the ordinary and special resolutions by the requisite majorities on a poll.  The full text of each resolution is contained in the Notice of Annual General Meeting, which is available on the Company's website, www.fergusonplc.com.  

The total number of votes cast for each resolution is set out in the table below. Resolutions 1 to 18 (inclusive) are ordinary resolutions and resolutions 19, 20 and 21 are special resolutions.

Resolution	For	%*	Against	%*	Votes Total	% Votes cast**	Votes Withheld***
1. To receive the Company's Annual Report and Accounts	177,649,095	100.00	327	0.00	177,649,422	76.62%	381,549
2. To approve the Directors' Remuneration Report	174,595,185	98.30	3,024,785	1.70	177,619,970	76.61%	411,001
3. To approve the Remuneration Policy	169,851,331	96.39	6,370,179	3.61	176,221,510	76.01%	1,809,461
4. To declare a final dividend	177,279,226	99.70	537,010	0.30	177,816,236	76.69%	214,735
5. To re-elect Tessa Bamford	173,967,899	97.84	3,846,941	2.16	177,814,840	76.69%	216,131
6. To re-elect Gareth Davis	170,013,729	95.61	7,801,396	4.39	177,815,125	76.69%	215,846
7. To re-elect John Martin	174,422,143	98.09	3,392,598	1.91	177,814,741	76.69%	216,230
8. To re-elect Kevin Murphy	174,318,855	98.03	3,495,756	1.97	177,814,611	76.69%	216,360
9. To re-elect Alan Murray	173,946,226	97.82	3,868,472	2.18	177,814,698	76.69%	216,273
10. To re-elect Michael Powell	173,573,203	97.61	4,241,259	2.39	177,814,462	76.69%	216,509
11. To re-elect Darren Shapland	171,915,490	97.63	4,171,661	2.37	176,087,151	75.95%	1,943,820
12. To re-elect Nadia Shouraboura	171,762,499	97.54	4,324,515	2.46	176,087,014	75.95%	1,943,957
13. To re-elect Jacqueline Simmonds	173,918,962	97.81	3,895,748	2.19	177,814,710	76.69%	216,261
14. To increase the maximum aggregate amount of ordinary remuneration payable to Non Executive Directors in any year	174,766,196	98.29	3,038,277	1.71	177,804,473	76.69%	226,498
15. To reappoint Deloitte LLP as auditors	177,786,685	99.98	28,996	0.02	177,815,681	76.69%	215,290
16. To authorise the Audit Committee to agree the auditor's remuneration	177,782,325	99.98	27,740	0.02	177,810,065	76.69%	220,906
17. Authority of limited political expenditure and political donations	174,984,752	98.84	2,057,530	1.16	177,042,282	76.36%	988,689
18. Authority to allot securities	169,874,638	95.42	8,147,197	4.58	178,021,835	76.78%	9,136
19. Authority to disapply pre-emption rights	177,896,651	99.99	18,966	0.01	177,915,617	76.74%	115,354
20. Additional authority to disapply pre-emption rights for specified capital investment	174,289,106	97.96	3,627,249	2.04	177,916,355	76.74%	114,616
21. Authority to purchase own shares	175,767,558	98.85	2,051,889	1.15	177,819,447	76.70%	211,524

*           percentage of votes cast excludes withheld votes

**          percentage of issued share capital (excluding 20,750,742 treasury shares)

***        a vote withheld is not a vote in law and is not counted in the calculation of the proportion of the votes "For" or "Against" a resolution

As at 27 November 2018, the Company:

(i)  had 252,602,622 issued ordinary shares of 11²²⁷/₅₆₃ pence, each ordinary share having one vote;

(ii) held 20,750,742 ordinary shares in treasury. The voting rights of treasury shares are automatically suspended;  and

(iii)   accordingly, had total voting rights of 231,851,880.

For further information please contact:  

Graham Middlemiss, Group Company Secretary

+ 41 (0) 41 723 22 30

 

END

 

 

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