Result of AGM

RNS Number : 0873D
Phoenix Spree Deutschland Limited
21 June 2019
 

21 June 2019

 

Phoenix Spree Deutschland Limited

 

(the "Company") 

 

RESULTS OF ANNUAL GENERAL MEETING (the"AGM")

 

The Board of Phoenix Spree Deutschland Limited is pleased to announce that, at the AGM held today, Friday 21 June 2019 at 10:00 am, all the Resolutions as set out in the Notice of Meeting were passed by the requisite majority.

 

In accordance with Listing Rule 9.6.2, full details of the Resolutions passed as special business will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.

 

Details of the proxy votes received in respect of the Resolutions are set out below:

 

 

AGM Resolutions

Votes For/Discretionary

% of Vote

Against

% of Vote

Withheld

Ordinary Resolution 1

To receive the report of the directors and the financial statements for the year end 31 December 2018, together with the report of the auditors

 

43,911,236

 

99.89

 

 

0

0

 

0

Ordinary Resolution 2

To approve the Directors' Remuneration Report

36,441,755

82.90

7,469,480

16.99

 

0

Ordinary Resolution 3

To declare a final dividend of €5.15 cents (GBP: 4.62p) per share

43,911,236

99.89

0

0

0

Ordinary Resolution 4

To re-elect Robert Hingley as a director

36,345,109

86.66

5,544,657

13.22

 

2,021,469

Ordinary Resolution 5

 To re-elect Quentin Spicer as a director

32,580,546

74.15

11,308,189

 

25.74

22,500

Ordinary Resolution 6

To re-elect Charlotte Valeur as a director

33,956,368

79.17

 

8,881,748

 

20.71

1,073,119

Ordinary Resolution 7

To re-elect Jonathan Thompson as a director

33,957,055

79.17

 

8,881,061

20.71

 

1,073,119

Ordinary Resolution 8

To re-elect Monique O'Keefe as a director

33,957,055

79.17

 

8,881,061

20.71

 

1,073,119

Ordinary Resolution 9

To resolve that RSM UK Audit LLP be, and is hereby, re-appointed auditors of the Company to hold office until the conclusion of the next general meeting at which accounts are laid before the Company

43,886,243

99.89

0

 

0

 

 

24,993

Ordinary Resolution 10

To resolve that the Audit Committee determine the remuneration of the auditors on behalf of the Board

43,891,243

99.89

0

0

 

19,993

Special Resolution 11

To resolve that the Company be authorised to make market purchases of up to 15,112,711 of its shares

 

43,349,306

98.66

 

542,062

 

1.23

19,868

 

Special Resolution 12

To resolve that the Directors be empowered to issue up to 10,075,141 shares for cash as if the members' pre-emption rights contained in the Articles of Association did not apply to any such issue

31,441,935

 

78.98

 

8,316,137

 

20.89

4,153,163

 

 

The Board notes that Resolutions 5, 6, 7, 8 and 12 have been passed with more than 20% of votes cast against.  In accordance with the AIC 2019 Code requirement, the Board will consult relevant shareholders and respond in due course.

 

 

Notes

1      Any proxy appointments which gave discretion to the Chairman or a third party have been included in the 'votes for' total.

2      Percentage of votes cast excludes withheld votes.

 

 

 

 

Ends

 

For further information, please contact:

                                               

Phoenix Spree Deutschland   Limited

Stuart Young                                            

+44 (0) 20 7292 7153



Numis Securities Limited (Corporate Broker)

David Benda 

 

+44 (0)20 3100 2222

 

 

Tulchan Communications (Financial PR)

Elizabeth Snow

+44 (0)20 7353 4200

 


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