Result of AGM

RNS Number : 8077X
Jupiter Fund Management PLC
06 May 2021
 

6 May 2021

Jupiter Fund Management plc (the "Company")

 

Results of the Annual General Meeting

The Board announces that at the Annual General Meeting ("AGM") of the Company held today, 6 May 2021, at The Zig Zag Building, 70 Victoria Street, London SW1E 6SQ, all of the resolutions set out in the Notice of Meeting   were passed by the requisite majorities.

The results of the AGM resolutions, all decided by way of poll, are set out below.

Resolutions

For

% of total votes for

Against

% of total votes against

Total votes

Votes withheld*

1. To receive the report of the Directors and the Accounts of the Company for the year ended 31 December 2020

452,590,935

99.99

696

0.01

452,591,631

2,305,675

2. To approve the Annual Remuneration Report for the year ended 31 December 2020

444,099,193

97.78

10,097,335

2.22

454,196,528

700,778

3. To approve the Directors' Remuneration Policy

434,297,136

95.62

19,898,592

4.38

454,195,728

701,578

4. To approve a final dividend of 9.2 pence for the year ended 31 December 2020

454,024,696

99.96

202,759

0.04

454,227,455

669,851

5. To elect Chris Parkin as a Director

449,205,083

98.90

5,004,105

1.10

454,209,188

688,118

6. To re-elect Andrew Formica as a Director

450,813,820

99.25

3,411,185

0.75

454,225,005

672,301

7. To re-elect Wayne Mepham as a Director

450,591,772

99.20

3,622,214

0.80

454,213,986

683,320

8. To re-elect Nichola Pease as a Director

445,616,913

98.40

7,255,020

1.60

452,871,933

2,025,373

9. To re-elect Karl Sternberg as a Director

437,630,269

96.36

16,528,769

3.64

454,159,038

738,268

10. To re-elect Polly Williams as a Director

451,168,994

99.33

3,040,194

0.67

454,209,188

688,118

11. To re-elect Roger Yates as a Director

448,477,225

98.74

5,732,285

1.26

454,209,510

687,796

12. To re-appoint PricewaterhouseCoopers LLP as the Company's auditors

446,590,577

98.33

7,573,272

1.67

454,163,849

733,457

13. To authorise the Audit and Risk Committee to set the remuneration of the auditor

447,165,268

98.44

7,064,515

1.56

454,229,783

667,523

14. To authorise the Directors to allot shares in the Company

353,332,310

77.79

100,883,390

22.21

454,215,700

681,606

15. To authorise political donations and political expenditure

449,158,134

98.74

5,722,811

1.26

454,880,945

16,361

16. To authorise the Directors to disapply pre-emption rights

449,966,935

99.07

4,214,290

0.93

454,181,225

716,081

17. To authorise the Company to purchase its own shares

452,109,679

99.70

1,370,275

0.30

453,479,954

1,417,352

18. To approve general meetings (other than annual general meetings) of the Company being called on 14 clear days' notice

444,209,274

97.79

10,018,181

2.21

454,227,455

669,851

19. To adopt new Articles of Association

454,172,289

99.99

204

0.01

454,172,493

724,813

 *Please note that 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' or 'against' a resolution, or in the 'votes cast as a percentage of issued share capital'.

The Board has considered the results of the AGM today and notes the level of votes cast against Resolution 14, which authorises the Directors to allot shares up to a value of approximately one third of the issued share capital.   It is standard market practice for UK listed companies to retain this type of authority and the amount sought under this resolution is lower than the maximum recommended levels contained within the UK Investment Association's share capital management guidelines.

The results of the vote on Resolution 14 were primarily driven by one major shareholder and, following the outcome of today's vote, we will continue our engagement with them and provide the required updates in-line with the requirements of the UK Governance Code.

The issued share capital of the Company comprises 553,060,741 shares. Resolutions 16, 17, 18 and 19 were passed as special resolutions.

The Company has sent copies of the resolutions passed at the AGM, other than those concerning ordinary business, and the new Articles of Association to the FCA's National Storage Mechanism and they are available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

Details of proxy votes lodged will be available shortly on the Company's website at   https://www.jupiteram.com/investor-relations/

For further information please contact:

 

 Investors       Media

Jupiter                                       Lisa Daniels   Despina Constantinides

 +44 (0)20 3817 1664                                     +44 (0)20 3817 1278

 

 

Powerscourt     Justin Griffiths

   +44 (0)20 7250 1446

 

 

Jupiter Fund Management plc

LEI Number: 5493003DJ1G01IMQ7S28

 

 

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