Result of AGM

RNS Number : 6862M
Morgan Advanced Materials PLC
08 May 2015
 



Morgan Advanced Materials plc

 

RESULTS OF ANNUAL GENERAL MEETING

 

Morgan Advanced Materials plc confirms that all resolutions set out in the notice of its 2015 Annual General Meeting were duly passed by the requisite number of shareholders on a poll, at the meeting held on 8 May 2015. 

 

The poll results of each resolution are set out below. 15 shareholders were at the meeting.  The number of the Company's Ordinary shares carrying the right to vote at the meeting was 285,369,988. Each share carried one vote.

Resolution

Votes For

(see note 1)

Votes Against

(see note 1)

Votes Withheld

(see note 2)

Total Votes Cast

(excl. withheld votes)

% of total issued share capital voted (excl. withheld votes)

Number of shares

% of total voted

Number of shares

% of total voted

1.   To receive the audited accounts and the auditor's and Directors' reports for the year ended 31 December 2014

232,405,179

99.98

44,728

0.02

15,999

232,449,907

81.46

2.   To approve the Directors' remuneration report for the year ended 31 December 2014

132,075,942

57.36

98,183,837

42.64

2,226,102

230,259,779

80.69

3.   To declare a final dividend of 7.0 pence per Ordinary share

232,451,360

99.99

12,315

0.01

2,231

232,463,675

81.46

4.   To re-elect Andrew Shilston as a Director

229,763,260

98.85

2,669,753

1.15

32,893

232,433,013

81.45

5.   To re-elect Douglas Caster as a Director

232,058,651

99.84

371,956

0.16

35,299

232,430,607

81.45

6.   To re-elect Kevin Dangerfield as a Director

231,958,244

99.80

475,475

0.20

32,187

232,433,719

81.45

7.   To re-elect Andrew Hosty as a Director

231,942,674

99.79

491,045

0.21

32,187

232,433,719

81.45

8.   To re-elect Victoire de Margerie as a Director

232,198,062

99.90

236,483

0.10

31,461

232,434,545

81.45

9.   To re-elect Andrew Reynolds Smith as a Director

232,211,396

99.91

214,180

0.09

40,330

232,425,576

81.45

10. To re-elect Rob Rowley as a Director

232,195,131

99.90

228,575

0.10

42,200

232,423,706

81.45

11. To reappoint KPMG LLP as auditor of the Company

228,260,341

98.27

4,022,008

1.73

203,532

232,282,349

81.40

12. To authorise the Directors to determine the auditor's remuneration

232,394,291

99.99

26,833

0.01

44,782

232,421,124

81.45

13. To authorise the Company and its subsidiaries to make political donations 

230,225,549

99.06

2,180,139

0.94

60,218

232,405,688

81.44

14. To authorise the Directors to allot shares

229,863,251

99.00

2,326,267

1.00

276,388

232,189,518

81.36

15.* To empower the Directors to disapply pre-emption rights

231,659,184

99.66

783,542

0.34

23,180

232,442,726

81.45

16.* To enable the Company to convene a general meeting (other than AGMs) on 14 days' notice

222,945,613

95.91

9,496,985

4.09

23,308

232,442,598

81.45

 

 

The Company has always been proactive in engaging with its major shareholders, as well as discussing and considering issues raised by shareholders at its AGMs.  Noting the outcome of the vote on the Directors' remuneration report (resolution 2) this year, the Remuneration Committee has undertaken to contact major shareholders to identify their concerns, and the Board will then consider how best to address them.

 

In accordance with Listing Rule 9.6.2, copies of the resolutions passed by Morgan Advanced Materials plc shareholders concerning items other than ordinary business have been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.

 

Notes:

 

1.     Votes "for" and "against" are expressed as a percentage of votes received. Votes "for" include those at the Chairman's discretion.

2.     Votes "withheld" are not votes in law and, therefore, have not been included in the calculation of the proportion of votes "for" or "against" a resolution.

*     Indicates special resolution.

 

Enquiries:  Stephanie Mackie

 

Telephone:  01753 837000


This information is provided by RNS
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