Result of AGM

RNS Number : 8993S

Fresnillo PLC

27 May 2009

 



27 May 2009

Fresnillo plc - Result of AGM

The Board is pleased to announce that all of the resolutions put to shareholders  at today's Annual General Meeting were passed by means of a poll, including the ordinary resolutions  (resolutions 1 to 15) and special resolutions (resolutions 16 and 20) set out in  the Company's notice of AGM dated 21 April 2009. 

The final voting figures are shown below.

Resolution	Total Votes Cast	For (*)		Against (*)		Withheld (**)
		Number	%	Number	%
1: presentation of the accounts	678,263,095	678,263,095	100.00	Nil	0.00	16,906
2: to approve the final dividend	678,263,095	678,263,095	100.00	Nil	0.00	16,906
3: to approve the Remuneration Report	677,709,302	676,883,449	99.88	825,853	0.12	570,699
4: to elect Alberto Baillères	678,081,795	675,659,364	99.64	2,422,431	0.36	198,206
5: to elect Lord Cairns	678,263,095	678,262,795	100.00	300	0.00	16,906
6: to elect Javier Fernández	678,263,095	678,262,795	100.00	300	0.00	16,906
7: to elect Fernando Ruiz	678,070,170	677,746,232	99.95	323,938	0.05	209,831
8: to elect Guy Wilson	678,070,170	677,746,232	99.95	323,938	0.05	209,831
9: to elect Juan Bordes	678,251,470	677,627,532	99.91	623,938	0.09	28,531
10: to elect Arturo Fernández	678,251,470	677,627,532	99.91	623,938	0.09	28,531
11: to elect Rafael MacGregor	678,251,470	677,627,532	99.91	623,938	0.09	28,531
12: to elect Fernando Solana	678,263,095	678,261,695	100.00	1,400	0.00	16,906
13: to elect Jaime Lomelín	678,263,095	678,261,695	100.00	1,400	0.00	16,906
14:to appoint the auditors	677,629,852	675,922,701	99.75	1,707,151	0.25	650,149
15: to allow the board to determine the auditors remuneration	678,032,202	678,011,902	100.00	20,300	0.00	247,799
16: to issue shares with pre-emption rights	678,263,095	675,590,119	99.61	2,672,976	0.39	16,906
17(***): to issue shares for cash	678,260,595	678,238,195	100.00	22,400	0.00	19,406
18(***): to authorise Share Repurchase	678,263,095	678,009,802	99.96	253,293	0.04	16,906
19(***): notice of general meetings	678,263,095	676,948,609	99.81	1,314,486	0.19	16,906
20(***): to approve amendments to the Articles of Association of the Company	678,260,595	678,260,295	100.00	300	0.00	19,406

(*) = Includes discretionary votes

(**) = A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes for and against the resolution.

(***) = Special Resolution

As at the date of the AGM, the number of issued shares and total voting rights of the Company was 717,160,159 shares in issue. The Company's Articles of Association set out that every member who is present in person or by proxy shall have one vote for every share of which he is the holder on a poll. The scrutineer of the poll was Computershare Investor Services PLC. 

In accordance with Listing Rule 9.6.2, two copies of the resolutions dealing with the special business put to shareholders at the AGM today have been submitted to the UK Listing Authority and will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at: 

The Financial Services Authority 

25 The North Colonnade 

Canary Wharf 

London E14 5HS 

- End- 

For further information, please visit our website:  www.fresnilloplc.com or contact:

Fresnillo plc      London Office                    Octavio Alvidrez,  Head of Investor Relations	Tel: [phone]
Mexico City Office Gabriela Mayor	Tel: [phone]
JPMorgan Cazenove  Ian Hannam Andrew Wray	Tel: [phone]
Brunswick                 Patrick Handley Carole Cable	Tel: [phone]

About Fresnillo plc

Fresnillo Plc is the world's largest primary silver producer and Mexico's second largest gold producer, listed on the London Stock Exchange under the symbol FRES.  

Fresnillo has three producing mines, all of them in Mexico - Fresnillo, Ciénega and Herradura; two development projects - Saucito, Soledad & Dipolos; and three exploration prospects - San Juan, San Julian, Orysivo, as well as a number of other long term exploration prospects and, in total, has mining concessions covering approximately 1.75 million hectares in Mexico.

Fresnillo has a strong and long tradition of mining, a proven track record of mining development and reserves replacement, and a low cost of production, being in the lowest quartile of the cost curve for both silver and gold.

Fresnillo intends to maintain its position as the world's largest primary silver producer with the aim of approximately doubling production, on a silver equivalent ounce basis by 2018 and increasing its gold production.

 

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