Result of AGM

RNS Number : 7043D

Fresnillo PLC

18 May 2012

 



                                                                                                         Fresnillo Plc

28 Grosvenor Street

London W1K 4QR

United Kingdom

www.fresnilloplc.com

18 May 2012

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 18) and special resolutions (resolutions 19 to 21) set out in  the Company's notice of AGM dated 17 April 2012.

The final voting figures are shown below.

Resolution	Total Votes Cast	For (*)		Against (*)		Withheld
		Number	%	Number	%
1: Presentation of the accounts	688,730,530	688,429,930	99.96	300,600	0.04	67,237
2: To approve the final dividend	688,724,980	688,724,980	100.00	0	0.00	67,237
3: To approve the Remuneration Report	686,982,919	686,372,118	99.91	610,801	0.09	1,814,848
4: To re-elect Mr Alberto Baillères	658,070,868	643,049,157	97.72	15,021,711	2.28	30,726,796
5: To re-elect Lord Cairns	688,728,503	688,406,454	99.95	322,049	0.05	69,264
6: To re-elect Mr Javier Fernández	687,968,074	687,142,317	99.88	825,757	0.12	829,692
7: To re-elect Mr Fernando Ruiz	687,728,525	681,925,390	99.16	5,803,135	0.84	1,069,240
8: To re-elect Mr Fernando Solana	687,968,274	685,061,742	99.58	2,906,532	0.42	829,492
9: To re-elect Mr Guy Wilson	688,490,954	682,794,382	99.17	5,696,572	0.83	306,812
10: To re-elect Mr Juan Bordes	688,490,955	686,026,480	99.64	2,464,475	0.36	306,812
11: To re-elect Mr Arturo Fernández	688,490,955	685,284,483	99.53	3,206,472	0.47	306,812
12: To re-elect Mr Rafael MacGregor	688,490,955	686,010,547	99.64	2,480,408	0.36	306,812
13: To re-elect Mr Jaime Lomelín	688,730,503	686,799,168	99.72	1,931,335	0.28	67,264
14: To elect Ms María Asunción Aramburuzabala	688,730,503	688,415,304	99.95	315,199	0.05	67,264
15: To elect Mr Alejandro Baillères	688,730,503	686,188,013	99.63	2,542,490	0.37	67,264
16:To appoint the auditors	688,730,503	688,421,886	99.96	308,617	0.04	67,264
17: To allow the board to determine the auditors remuneration	688,730,503	688,716,684	100.00	13,819	0.00	67,264
18: To issue shares with pre-emption rights	688,730,503	688,313,138	99.94	417,365	0.06	67,264
19: To disapply pre-emption rights	688,727,530	686,841,680	99.73	1,885,850	0.27	70,237
20: To authorise Share Repurchase	688,729,530	688,697,620	100.00	31,910	0.00	68,237
21: Notice of general meetings	688,730,330	678,619,679	98.53	10,110,651	1.47	67,437

(*) = Includes discretionary votes

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, Fresnillo plc has submitted a copy of the resolutions dealing with the special business put to shareholders at the AGM today

to the National Storage Mechanism, which will shortly be available for inspection at www.Hemscott.com/nsm.do

ENDS

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

Fresnillo plc

London Office

Arturo Espinola

Head of Investor Relations                    Tel: [phone]

Mexico City Office

Gabriela Mayor                                    Tel: [phone]

About Fresnillo plc

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

Fresnillo has seven operating mines, all of them in Mexico - Fresnillo, Saucito, Cienega, San Ramón (a satellite of the Ciénega gold mine), Herradura, Soledad-Dipolos and Noche Buena (new gold mine at Herradura District); two development projects - Saucito II, and Dynamic leaching to treat high grade gold ore from Herradura and Soledad-Dipolos mine; and five advanced exploration prospects - San Julián, Centauro Deep, Juanicipio, Orysivo and Las Casas as well as a number of other long term exploration prospects. In total, has mining concessions covering approximately 2.1 million hectares in Mexico.

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

Fresnillo's goal is to maintain the Group's position as the world's largest primary silver company, producing 65 million ounces of silver and 500,000 ounces of gold by 2018.

 

END

 

 

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