Result of AGM

RNS Number : 4579Z

Hostelworld Group PLC

26 May 2016

 

HOSTELWORLD GROUP PLC

RESULTS OF 2016 ANNUAL GENERAL MEETING

The Annual General Meeting ("AGM") of Hostelworld Group Plc (the "Company") was held at the offices of McCann FitzGerald, Riverside One, 37-42 Sir John Rogerson's Quay, Dublin 2, Ireland at 2p.m. today.

At the AGM all of the resolutions that were set out in the notice of AGM were duly passed on a show of hands.  The proxy votes were cast as follows:

Resolution	For	Against	Votes withheld*	Total proxy votes cast	Percentage of  issued share capital voted (%)
1.      To adopt the Company's accounts and the Directors' Auditor's Reports for the year ended 31 December 2015	74,635,651 96.91%	2,382,441 3.09%	0	77,018,092	80.58
2.      To approve the Directors' remuneration report	76,998,811 99.97%	19,281 0.03%	0	77,018,092	80.59
3.      To approve the Directors' remuneration policy	69,030,425 89.63%	7,987,337 10.37%	330	77,017,762	80.59
4.      To declare a final dividend of €0.0275  per ordinary share	77,018,092 100.00%	0 0%	0	77,018,092	80.59
5.      To elect Feargal Mooney as a director	77,017,762 100.00%	0 0%	330	77,017,762	80.59
6.      To elect Mari Hurley as a director	69,833,583 96.70%	2,382,441 3.30%	4,802,068	72,216,024	75.56
7.      To elect Richard Segal as a director	76,992,800 99.97%	19,281 0.03%	6,011	77,012,081	80.58
8.      To elect Michael Cawley as a director	77,017,762 100.00%	0 0%	330	77,017,762	80.59
9.      To elect Andy McCue as a director	77,017,762 100.00%	0 0%	330	77,017,762	80.59
10.    To re-appoint Deloitte as  auditors to the Company	71,765,197 93.18%	5,252,565 6.82%	330	77,017,762	80.59
11.    To authorise the Directors to fix the auditors' remuneration	76,973,550 99.94%	44,542 0.06%	0	77,018,092	80.59
12.    To authorise the directors to allot shares	73,852,384 95.89%	3,165,378 4.11%	330	77,017,762	80.59
13.    To authorise the directors to dis-apply pre-emption rights	68,542,073 89.58%	7,975,689 10.42%	500,330	76,517,762	80.07
14.    To authorise the Company to purchase its own shares	72,216,354 93.77%	4,801,738 6.23%	0	77,018,092	80.58
15.    To authorise the Company to make political donations and incur political expenditure	68,884,774 95.39%	3,331,580 4.61%	4,801,738	72,216,354	75.57
16.    To authorise the calling of a general meeting other than an Annual General Meeting on not less than 14 clear days' notice	67,552,240 87.71%	9,465,522 12.29%	330	77,017,762	80.58

*A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes validly cast.

Resolutions 1 to 11 and 15 were passed as ordinary resolutions and Resolutions 12 to 14 and 16 were passed as special resolutions.

The number of ordinary shares in issue on 26 May 2016 (excluding shares held in treasury) was 95,570,778.  Shareholders are entitled to one vote per share. 

In accordance with UK Listing Rule 9.6.2R copies of the special resolutions passed at the AGM have been submitted to the UK Listing Authority via the National Storage Mechanism, and the Irish Stock Exchange, and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM

A copy of this announcement setting out the results of the AGM is also available on the Company's website at www.hostelworldgroup.com.

The full text of each of the resolutions is set out in the notice of AGM, copies of which are available on the Company's website (www.hostelworldgroup.com).

 

END

 

 

RAGAKADKPBKDBPB