Result of AGM

RNS Number : 1379X

Fresnillo PLC

04 May 2016

 

                                                                                                         Fresnillo Plc

21 Upper Brook Street

London W1K 7PY

United Kingdom

www.fresnilloplc.com

4 May 2016

Fresnillo plc - Result of AGM

The Board is pleased to announce that all of the resolutions put to shareholders at yesterday's Annual General Meeting were passed by means of a poll, including the ordinary resolutions  (resolutions 1 to 6 and 8 to 18) and special resolutions (resolutions 19 to 21) as set out in  the Company's notice of AGM dated 31 March 2016. Resolution 7 was withdrawn. The votes cast for resolutions 10 to 15 relating to the re-election of the independent Directors were duly passed by both a majority of the votes cast by the independent shareholders as well as by a majority of votes cast by all shareholders. These votes have been calculated separately and are shown below (independent shareholder votes cast being marked **)   

The final voting figures are shown below.

Resolution	Total Votes Cast	For (*)		Against (*)		Withheld
		Number	%	Number	%
1: Presentation of the accounts	702,553,657	702,500,333	99.99%	40,100	0.01%	13,224
2: To approve the final dividend	702,553,657	702,547,376	100.00%	0	0.00%	6,281
3: To approve the Annual Report on Remuneration	702,553,657	701,731,967	99.89%	779,199	0.11%	44,391
4: To re-elect Mr Alberto Baillères	702,553,657	637,928,863	97.11%	19,006,652	2.89%	45,618,142
5: To re-elect Mr Juan Bordes	702,553,657	701,513,804	99.85%	1,033,284	0.15%	6,569
6: To re-elect Mr Arturo Fernández	702,553,657	698,863,611	99.48%	3,683,477	0.52%	6,569
7. Resolution Withdrawn
8: To re-elect Mr Jaime Lomelín	702,553,657	700,012,068	99.64%	2,535,020	0.36%	6,569
9: To re-elect Mr Alejandro Baillères	702,553,657	701,557,190	99.86%	989,898	0.14%	6,569
10: To re-elect Mr Guy Wilson	702,553,657	702,313,102	99.97%	233,986	0.03%	6,569
	(**)149,959,644	149,721,642	99.84%	233,986	0.16%	6,569
11: To re-elect Mr Fernando Ruiz	702,553,657	691,545,893	98.68%	9,262,991	1.32%	1,744,773
	(**)149,959,644	138,954,433	93.75%	9,262,991	6.25%	1,744,773
12: To re-elect Ms María Asunción Aramburuzabala	702,553,657	700,075,245	99.90%	733,739	0.10%	1,744,673
	(**)149,959,644	147,483,785	99.50%	733,739	0.50%	1,744,673
13: To re-elect Ms Bárbara Garza Lagüera	702,553,657	702,220,498	99.95%	326,690	0.05%	6,469
	(**)149,959,644	149,629,038	99.78%	326,690	0.22%	6,469
14. To elect Mr Jaime Serra	702,553,657	701,869,842	99.90%	677,346	0.10%	6,469
	(**)149,959,644	149,278,382	99.55%	677,346	0.45%	6,469
15. To elect Mr Charles Jacobs	702,553,657	657,466,253	93.64%	44,675,512	6.36%	411,892
	(**)149,959,644	104,874,793	70.13%	44,675,512	29.87%	411,892
16:To appoint the auditors	702,553,657	700,628,641	99.99%	48,300	0.01%	1,876,716
17: To allow the audit committee to determine the auditors remuneration	702,553,657	702,547,176	100.00%	100	0.00%	6,381
18: To give authority to Directors allot shares	702,553,657	702,442,578	99.99%	103,798	0.01%	7,281
19: To disapply pre-emption rights	702,553,657	697,706,396	99.31%	4,839,390	0.69%	7,871
20: To authorise purchase of own shares	702,553,657	700,426,344	99.70%	2,119,432	0.30%	7,881
21: Notice of general meetings	702,553,657	682,308,196	97.56%	17,062,809	2.44%	3,182,652
Withdraw Resolution 7	702,553,657	702,553,657	100.00%	0	0.00%	0

(*) = Includes discretionary votes

(**) =Votes cast by the independent shareholders

As at the date of the AGM, the number of issued shares and total voting rights of the Company was 736,893,589 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 Equiniti Limited.

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 Gabriela Mayor, Head of Investor Relations Floriana Michalowska	Tel: [phone]
Mexico Ana Belém Zárate	Tel: [phone]
Bell Pottinger Gavin Davis Daniel Thole Aarti Iyer	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 and Mexican Stock Exchanges under the symbol FRES.

 

Fresnillo plc has six operating mines, all of them in Mexico - Fresnillo, Saucito, Ciénega (including the San Ramón satellite mine), Herradura, Soledad-Dipolos¹ and Noche Buena; two development projects - San Julián and the Pyrites plant, and four advanced exploration prospects - Centauro Deep, Juanicipio, Orisyvo and Las Casas Rosario & Cluster Cebollitas as well as a number of other long term exploration prospects. In total, Fresnillo plc has mining concessions covering approximately 2 million hectares in Mexico.

Fresnillo plc 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 silver.

Fresnillo plc's goal is to maintain the Group's position as the world's largest primary silver company, producing 65 million ounces of silver and 750,000 ounces of gold by 2018.

¹ Operations at Soledad and Dipolos are currently suspended.

 

END

 

 

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