Result of AGM

Hostelworld Group PLC
09 May 2023
 

LEI: 213800OC94PF2D675H41

9 May 2023

Hostelworld Group plc

 (the "Company")

 

RESULTS OF ANNUAL GENERAL MEETING

The Annual General Meeting of the Company (the "AGM") was held at 12.00 noon today.

All resolutions proposed at the AGM were duly passed on a poll and the results of each resolution were 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' and Auditor's Reports for the year ended 31 December 2022

103,231,210

1,352

-

103,232,562

84.72%

2.         To approve the Directors' remuneration report

91,623,082

11,609,480

-

103,232,562

84.72%

3.         To re-elect Michael Cawley as a director

100,969,362

2,263,200

-

103,232,562

84.72%

4.         To re-elect Carl G. Shepherd as a director

95,386,769

7,845,793

-

103,232,562

84.72%

5.         To re-elect Éimear Moloney as a director

101,535,947

1,696,615

-

103,232,562

84.72%

6.         To re-elect Gary Morrison as a director

103,231,210

1,352

-

103,232,562

84.72%

7.         To re-elect Evan Cohen as a director

101,535,947

1,696,615

-

103,232,562

84.72%

8.         To re-elect Caroline Sherry as a director

103,231,170 

1,392

-

103,232,562

84.72%

9.         To appoint KPMG as auditors to the Company

103,230,906

1,656

-

103,232,562

84.72%

10.       To authorise the Directors to fix the auditors' remuneration

103,230,946

1,616

-

103,232,562

84.72%

11.       To authorise the Directors to allot shares or grant subscription or conversion rights under section 551 of the Companies Act 2006

100,912,136

2,320,426

-

103,232,562

84.72%

12.       To generally disapply statutory pre-emption rights under the Companies Act 2006

100,858,393

2,374,169

-

103,232,562

84.72%

13.       To further disapply statutory pre-emption rights in connection with an acquisition or specified capital investment

100,829,393

2,399,169

-

103,228,562

84.71%

14.       To authorise the Company to make market purchases of its own shares

103,231,210

1,352

-

103,232,562

84.72%

15.       To authorise the Company to make political donations and incur political expenditure

103,200,259

27,242

1,061

103,227,501 

84.71%

16.       To permit general meetings to be called on 14 clear days' notice

103,117,490

115,072

-

103,232,562

84.72%

 

Notes:

Votes 'For' include those votes giving the Chair discretion.

(i)               The number of ordinary shares in issue on 9 May 2023 was 121,854,274.  Shareholders are entitled to one vote per share. 

(ii)              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 proposed at the AGM were passed as ordinary resolutions and Resolutions 12 to 14 and 16 proposed at the AGM were passed as special resolutions.

In accordance with Listing Rule 9.6.2, copies of the resolutions passed at the Annual General Meeting (other than ordinary business) are being submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

In accordance with the Listing Rules of Euronext Dublin, a copy of such resolutions has also been forwarded to Euronext Dublin and will shortly be available for inspection at https://direct.euronext.com/#/oamfiling and at the following address:

Companies Announcement Office
Euronext Dublin
28 Anglesea Street
Dublin 2

 

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 passed at the AGM is set out in the notice of AGM, a copy of which is available on the Company's website (www.hostelworldgroup.com).

 

For further information contact:

Hostelworld Group plc                                                                 Corporate@hostelworld.com

Gary Morrison, Chief Executive Officer

Caroline Sherry, Chief Financial Officer

Powerscourt (Financial PR adviser)                         hostelworld@powerscourt-group.com

Nick Dibden

Eavan Gannon

Tel: +44 (0) 20 7250 1446

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings