Results of Rio Tinto plc AGM

Rio Tinto PLC
04 April 2024
 

 

Notice to ASX/LSE                                                                                                                       

 

Rio Tinto plc annual general meeting

4 April 2024

 

The annual general meeting of Rio Tinto plc was held on 4 April 2024.

 

Under Rio Tinto's dual listed companies structure established in 1995, decisions on significant matters affecting shareholders of Rio Tinto plc and Rio Tinto Limited in similar ways are taken through a joint electoral procedure. Resolutions 1 to 22 (inclusive) of the Rio Tinto plc annual general meeting fall into this category, and the results of the voting on these resolutions will be announced shortly after the Rio Tinto Limited annual general meeting which will be held in Australia on 2 May 2024.

 

The remaining resolutions 23 to 26 (inclusive) were put to Rio Tinto plc shareholders on a poll at the annual general meeting today. The results of that poll are set out below.

 

The addresses given by the Chair, Chief Executive and People & Remuneration Committee Chair are available at www.riotinto.com/agm.

 

Resolutions

For / discretion (number of votes)

% for / discretion

Against

(number of votes)

Total votes validly cast

% of issued share capital voted

Withheld*

23. General authority to allot shares

887,785,537

97.43

23,398,955

911,184,492

72.75%

1,633,236

24. Disapplication of pre-emption rights

902,134,044

99.09

8,300,432

910,434,476

72.69%

2,383,252

25. Authority to purchase Rio Tinto plc shares

725,457,319

79.59

186,040,720

911,498,039

72.77%

1,319,689

26. Notice period for general meetings other than annual general meetings

874,731,354

96.02

36,228,351

910,959,705

72.73%

1,858,020

 

* It should be noted that a vote 'withheld' is not a vote in law and is not counted in the calculation of the proportion of votes for and against each resolution.

 

For the purposes of section 341 of the UK Companies Act 2006, the votes validly cast are expressed in the table as a percentage of Rio Tinto plc's total issued share capital (excluding shares held in Treasury) as at 8pm on 2 April 2024, being the time at which a shareholder had to be registered in the Company's register of members in order to attend and vote at the annual general meeting. The number of shares in issue was  1,255,903,781 (excluding Treasury shares  1,252,502,879).

 

The Company notes that Resolution 25 'Authority to purchase Rio Tinto plc shares' was passed with less than 80% of votes in favour. Shining Prospect (a subsidiary of the Aluminium Corporation of China "Chinalco") voted against Resolution 25. Chinalco has not sold any of its shares in Rio Tinto plc and now has a holding of over 14% given its non-participation in the Company's significant share buyback programmes. This places Chinalco close to the 14.99% holding threshold agreed with the Australian Government at the time of its original investment in Rio Tinto.

 

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

 

LEI: 213800YOEO5OQ72G2R82
Classification: 3.1. Information disclosed under article 19 of the Market Abuse Regulation.

 

 



 

Contacts

Please direct all enquiries to media.enquiries@riotinto.com

 

 

 

Media Relations,

United Kingdom

 

Matthew Klar

M +44 7796 630 637

 

David Outhwaite

M +44 7787 597 493

 

 

 

Media Relations,

Australia

 

Matt Chambers

M +61 433 525 739

 

Jesse Riseborough

M +61 436 653 412

 

Alyesha Anderson

M +61 434 868 118

 

Michelle Lee

M +61 458 609 322

 

 

Media Relations,

Americas

 

Simon Letendre

M +1 514 796 4973

 

Malika Cherry

M +1 418 592 7293

 

Vanessa Damha

M +1 514 715 2152

Investor Relations,

United Kingdom

 

Menno Sanderse

M +44 7825 195 178

 

David Ovington

M +44 7920 010 978

 

Laura Brooks  

M +44 7826 942 797 

 

 

Investor Relations,

Australia

 

Tom Gallop

M +61 439 353 948

 

Amar Jambaa

M +61 472 865 948

 

 

 

Rio Tinto plc

 

6 St James's Square

London SW1Y 4AD

United Kingdom

T +44 20 7781 2000

 

Registered in England

No. 719885

 

 

 

Rio Tinto Limited

 

Level 43, 120 Collins Street

Melbourne 3000

Australia

T +61 3 9283 3333

 

Registered in Australia

ABN 96 004 458 404


This announcement is authorised for release to the market by Andy Hodges, Rio Tinto's Group Company Secretary.

 

 

 

 

 

 

 

 

riotinto.com

 

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