Result of AGM

RNS Number : 3522E

On the Beach Group PLC

08 February 2018

 

8 February 2018

On the Beach Group plc (the "Company")

Result of Annual General Meeting

The Board of the Company announces that at its Annual General Meeting ("AGM") held today, 8 February 2018, all the Resolutions set out in the notice of the AGM were duly passed by the requisite majority of votes by shareholders by way of poll. The results of the poll for each Resolution were as follows:

Resolution	For	%	Against	%	Withheld*
Resolution 1: Ordinary Resolution to receive the annual accounts of the Company for the year ended 30 September 2017 together with the reports of the directors and the auditor thereon.	92,236,172	100.00	745	0.00	464,366
Resolution 2: Ordinary Resolution to approve the directors' remuneration report for the year ended 30 September 2017.	92,479,656	99.76	221,627	0.24	0
Resolution 3: Ordinary Resolution to declare a final dividend of 1.9 pence per ordinary share in respect of the year ended 30 September 2017.	92,701,283	100.00	0	0.00	0
Resolution 4: Ordinary Resolution to reappoint Simon Cooper as a director of the Company.	92,585,842	99.88	115,441	0.12	0
Resolution 5: Ordinary Resolution to reappoint Paul Meehan as a director of the Company.	92,585,842	99.88	115,441	0.12	0
Resolution 6: Ordinary Resolution to reappoint Richard Segal as a director of the Company.	90,346,796	97.46	2,354,486	2.54	0
Resolution 7: Ordinary Resolution to reappoint Lee Ginsberg as a director of the Company.	90,267,937	97.40	2,407,660	2.60	25,685
Resolution 8: Ordinary Resolution to reappoint David Kelly as a director of the Company.	90,371,128	97.51	2,304,469	2.49	25,685
Resolution 9: Ordinary Resolution to reappoint KPMG LLP as auditor to the Company.	92,664,422	99.96	36,860	0.04	0
Resolution 10: Ordinary Resolution to authorise the directors to determine the auditor's remuneration.	92,700,538	100.00	745	0.00	0
Resolution 11: Ordinary Resolution to authorise the directors to allot shares.	89,515,329	96.56	3,185,954	3.44	0
Resolution 12: Ordinary Resolution to authorise political donations.	89,617,951	96.68	3,076,249	3.32	7,083
Resolution 13: Special Resolution to disapply statutory pre-emption rights - any circumstances.	89,766,627	96.83	2,934,656	3.17	0
Resolution 14: Special Resolution to disapply statutory pre-emption rights - acquisition or capital investment.	84,666,393	91.33	8,034,890	8.67	0
Resolution 15: Special Resolution to authorise the purchase of own shares.	92,700,783	100.00	500	0.00	0
Resolution 16: Special Resolution to approve the calling of general meetings (other than an AGM) on not less than 14 clear days' notice.	91,746,046	98.97	955,237	1.03	0

*A 'Vote withheld' is not a vote in law and is not counted in the calculation of the proportion of the votes 'For' and 'Against' a resolution. 

The Company's total ordinary shares in issue (total voting rights) as at 8 February 2018 was 130,434,763 of ordinary shares of £0.01 each. Ordinary shareholders are entitled to one vote per ordinary share held.

In accordance with paragraph 9.6.2 of the LSE Listing Rules, a copy of the resolutions passed at the AGM has been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.

The complete poll results (inclusive of proxy votes lodged before the AGM) will be available shortly on the Company's website at: http://www.onthebeachgroupplc.com.

For further information:

On the Beach Group plc Simon Cooper, Chief Executive Officer Paul Meehan, Chief Financial Officer Kirsteen Vickerstaff, Company Secretary	c/o FTI Consulting
FTI Consulting Jonathon Brill Alex Beagley Fiona Walker	Tel: [phone]

 

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