Result of AGM

SIG PLC
04 May 2023
 

4 May 2023

 

SIG plc

("SIG" or the "Company")

Results of Annual General Meeting ("AGM") held on 4 May 2023

 

LEI: 213800VDC1BKJEZ8PV53

 

SIG announces that at its AGM held earlier today all the resolutions put to shareholders were passed by the requisite majorities. Resolutions 1 to 16 were passed as ordinary resolutions and Resolutions 17 to 20 were passed as special resolutions. The results of the polls are as follows:

 

 

FOR

%

AGAINST

%

TOTAL

% OF ISSUED SHARE CAPITAL

WITHHELD

ORDINARY RESOLUTIONS

 

 

 

 

 

 

 

1.       To receive the financial statements for the year ended 31 December 2022 together with the reports of the Directors and Auditors thereon

931,933,833

 

100.00%

 

45,979

 

0.00%

 

931,979,812

 

78.88%

 

28,607,437

 

2.       To approve the Annual Statement by the Chair of the Remuneration Committee and the Directors' Remuneration Report for the year ended 31 December 2022

885,105,448

 

92.70%

 

69,655,331

 

7.30%

 

954,760,779

 

80.81%

 

5,826,470

 

3.       To approve the Directors' Remuneration Policy

925,096,437

 

96.89%

 

29,655,028

 

3.11%

 

954,751,465

 

80.80%

 

5,835,784

 

4.       To re-elect Andrew Allner as a Director

865,372,125

 

92.79%

 

67,216,381

 

7.21%

 

932,588,506

 

78.93%

 

27,998,743

 

5.       To re-elect Ian Ashton as a Director

959,473,767

 

99.89%

 

1,097,797

 

0.11%

 

960,571,564

 

81.30%

 

15,685

 

6.       To re-elect Shatish Dasani as a Director

955,454,553

 

99.47%

 

5,118,638

 

0.53%

 

960,573,191

 

81.30%

 

14,058

 

7.       To re-elect Bruno Deschamps as a Director

710,587,830

 

87.18%

 

104,503,156

 

12.82%

 

815,090,986

 

68.98%

 

145,496,263

 

8.       To re-elect Kath Durrant as a Director

955,579,192

 

99.48%

 

4,993,999

 

0.52%

 

960,573,191

 

81.30%

 

14,058

 

9.       To re-elect Gillian Kent as a Director

864,417,321

 

89.99%

 

96,155,870

 

10.01%

 

960,573,191

 

81.30%

 

14,058

 

10.     To re-elect Simon King as a Director

955,773,496

 

99.50%

 

4,790,843

 

0.50%

 

960,564,339

 

81.30%

 

15,685

 

11.     To re-elect Alan Lovell as a Director

954,871,295

 

99.41%

 

5,669,769

 

0.59%

 

960,541,064

 

81.29%

 

16,185

 

12.    To elect Gavin Slark as a Director

959,680,330

 

99.91%

 

861,234

 

0.09%

 

960,541,564

 

81.29%

 

15,685

 

13.    To elect Diego Straziota as a Director

842,172,847

99.90%

867,788

0.10%

843,040,635

71.35%

117,516,614

14.    To re-appoint Ernst & Young LLP as Auditor to the Company

932,493,558

 

97.08%

 

28,032,560

 

2.92%

 

960,526,118

 

81.29%

 

31,131

 

15.    To authorise the Audit & Risk Committee of the Board to determine the Auditor's remuneration

960,483,241

 

99.99%

 

50,709

 

0.01%

 

960,533,950

 

81.29%

 

22,073

 

16.    To authorise the Directors to allot shares in the Company or grant rights to subscribe for or convert any security into shares in the Company

955,770,557

 

99.51%

 

4,708,767

 

0.49%

 

960,479,324

 

81.29%

 

77,925

 

SPECIAL RESOLUTIONS








17.  The Directors be authorised pursuant to the Companies Act 2006 to allot equity securities for cash

960,198,989

 

99.97%

 

282,929

 

0.03%

 

960,481,918

 

81.29%

 

75,331

 

18.  The Directors be further authorised pursuant to the Companies Act 2006 to allot equity securities for cash

932,212,588

 

97.06%

 

28,270,957

 

2.94%

 

960,483,545

 

81.29%

 

73,704

 

19.  That the Company is authorised pursuant to the Companies Act 2006 to make market purchases

932,319,381

 

97.08%

 

28,041,688

 

2.92%

 

960,361,069

 

81.28%

 

196,180

 

20.  That a general meeting of the Company, other than AGM, may be called on not less than 14 clear days' notice.

955,717,412

 

99.50%

 

4,812,820

 

0.50%

 

960,530,232

 

81.29%

 

22,292

 

                       

 

 

Notes

1.         Any proxy appointments which gave discretion to the Chairman have been included in the "for" total.

2.         A "vote withheld" is not a vote in law and is not counted in the calculation proportion of the votes "for" or "against" a resolution.

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

4.         A copy of the Annual General Meeting results will be available on the SIG plc website at www.sigplc.com.

5.         Issued share capital as at 4 May 2023 is 1,181,556,977 ordinary shares of 10 pence each in the capital of the Company.

All resolutions were duly passed, and we would like to take this opportunity to thank our shareholders for their ongoing support.

Non-Executive Director change

As announced by the Company on 8 March 2023, Christian Rochat (one of the two Directors nominated by CD&R) did not offer himself for re-election at the AGM and accordingly he has now ceased to be a Director. As also announced by the Company on 8 March 2023, Diego Straziota was nominated by CD&R as its replacement and he has now been elected a Director. There are no disclosures required in respect of this appointment pursuant to Listing Rule 9.6.13 (1) to (6).

 

Enquiries

 

SIG plc

Andrew Watkins, Group General Counsel & Company Secretary                           +44 (0) 114 285 6300

 

 

 

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