Result of AGM

RNS Number : 0202G
Fresnillo PLC
23 May 2017
 

                                                                                                         Fresnillo Plc

21 Upper Brook Street

London W1K 7PY

United Kingdom

www.fresnilloplc.com

 

23 May 2017

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 19) and special resolutions (resolutions 20 to 23) as set out in  the Company's notice of AGM dated 18 April 2017. The votes cast for resolutions 10 to 16 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

704,022,427

704,022,327

100.00

100

0.00

15,101

2: To approve the final dividend

704,029,665

704,029,652

100.00

13

0.00

7,863

2: To approve the Directors' Remuneration Policy

703,993,627

703,105,882

99.87

887,745

0.13

43,901

4: To approve the Annual Report on Remuneration

703,993,627

703,000,692

99.86

992,935

0.14

43,901

5: To re-elect Mr Alberto Baillères

650,025,231

624,131,634

96.02

25,893,597

3.98

54,012,296

6: To re-elect Mr Juan Bordes

704,029,477

703,122,363

99.87

907,114

0.13

8,051

7: To re-elect Mr Arturo Fernández

704,029,477

695,762,447

98.83

8,267,030

1.17

8,051

8: To re-elect Mr Jaime Lomelín

704,029,477

703,439,451

99.92

590,026

0.08

8,051

9: To re-elect Mr Alejandro Baillères

704,029,477

703,126,021

99.87

903,456

0.13

8,051

10: To re-elect Mr Fernando Ruiz

686,287,191

666,862,463

97.17

19,424,728

2.83

17,750,335

(**)133,695,731

114,271,003

85.47

19,424,728

14.53

17,750,335

11: To re-elect Mr Charles Jacobs

704,022,338

703,420,244

99.91

602,094

0.09

15,189

(**)151,430,878

150,828,784

99.60

602,094

0.40

15,189

12: To re-elect Mr Guy Wilson

704,020,488

703,864,402

99.98

156,086

0.02

17,039

(**)151,429,028

151,272,942

99.90

156,086

0.10

17,039

13: To re-elect Ms Bárbara Garza Lagüera

704,029,377

696,936,687

98.99

7,092,690

1.01

8,151

(**)151,437,917

144,345,227

95.32

7,092,690

4.68

8,151

14. To re-elect Mr Jaime Serra

688,086,381

672,998,358

97.81

15,088,023

2.19

15,951,146

(**)135,494,921

120,406,898

88.86

15,088,023

11.14

15,951,146

15. To elect Mr Alberto Tiburcio

704,029,577

703,809,634

99.97

219,943

0.03

7,951

(**)151,438,117

151,218,174

99.85

219,943

0.15

7,951

16. To elect Dame Judith Macgregor

704,029,427

704,028,186

100.00

1,241

0.00

8,101

(**)151,437,967

151,436,726

100.00

1,241

0.00

8,101

17:To appoint the auditors

703,840,433

701,471,580

99.66

2,368,853

0.34

197,094

18: To allow the audit committee to determine the auditors remuneration

704,029,565

703,879,811

99.98

149,754

0.02

7,963

19: To give authority to Directors allot shares

704,028,956

704,016,722

100.00

12,234

0.00

8,572

20: To disapply pre-emption rights

703,922,816

703,910,644

100.00

12,172

0.00

114,712








21: To disapply pre-emption rights in in connection with an acquisition or other capital investment

704,022,615

700,942,114

99.56

3,080,501

0.44

14,912

22: To authorise purchase of own shares

703,776,264

701,162,135

99.63

2,614,129

0.37

261,263

23: Notice of general meetings

701,319,776

693,424,622

98.87

7,895,154

1.13

1,717,751

(*) = 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

Patrick Chambers

 

 

Tel: +44(0)20 7339 2470

Mexico

Ana Belém Zárate

 

Tel: +52 55 52 79 3206

Bell Pottinger

Liz Morley

Marianna Bowes

Aarti Iyer

 

Tel: +44(0)20 3772 2500

 

About Fresnillo plc

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

 

Fresnillo plc has seven operating mines, all of them in Mexico - Fresnillo, Saucito, Ciénega (including the San Ramón satellite mine), Herradura, Soledad-Dipolos1, Noche Buena and San Julián (phase 1), three development projects - San Julián (phase 2), the Pyrites plant, and second line of DLP at Herradura, and four advanced exploration projects - Orisyvo, Juanicipio, Las Casas Rosario & Cluster Cebollitas and Centauro Deep, as well as a number of other long term exploration prospects. In total, Fresnillo plc has mining concessions covering approximately 1.8 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 per year by 2018, having already surpassed the gold target of 750,000 ounces.

 

Operations at Soledad and Dipolos are currently suspended.

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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