Result of AGM

RNS Number : 3926M

Renewables Infrastructure Grp (The)

06 May 2015

 



The Renewables Infrastructure Group Limited (the "Company")

Result of Annual General Meeting

The Board of the Company is pleased to announce that each of the resolutions put to shareholders at the Annual General Meeting held on Wednesday 6 May 2015 were passed.  The details of each resolution are as follows: 

	ORDINARY BUSINESS
ORDINARY RESOLUTION 1	To receive and consider the audited accounts, the Directors' report, and the Auditors' report for the period ended 31 December 2014: Shares voted Percentage In Favour 310,145,160 94.15 Discretionary 74,282 0.02 Against 19,200,054 5.83 6,710 votes received were directed to be withheld. A vote withheld is not a vote in law and not counted in the calculation of the proportion of the votes for or against the resolution. IT WAS RESOLVED THAT Ordinary Resolution 1 be and is hereby approved.
ORDINARY RESOLUTION 2	To re-elect Helen Mahy as a Director: Shares voted Percentage In Favour 327,302,706 99.36 Discretionary 76,996 0.02 Against 2,036,981 0.62 9,523 votes received were directed to be withheld. IT WAS RESOLVED THAT Ordinary Resolution 2 be and is hereby approved.
ORDINARY RESOLUTION 3	To re-elect Jon Bridel as a Director: Shares voted Percentage In Favour 327,302,706 99.36 Discretionary 76,996 0.02 Against 2,036,981 0.62 9,523 votes received were directed to be withheld. IT WAS RESOLVED THAT Ordinary Resolution 3 be and is hereby approved.
ORDINARY RESOLUTION 4	To re-elect Klaus Hammer as a Director: Shares voted Percentage In Favour 329,310,265 99.97 Discretionary 76,996 0.02 Against 29,422 0.01 9,523 votes received were directed to be withheld. IT WAS RESOLVED THAT Ordinary Resolution 4 be and is hereby approved.
ORDINARY RESOLUTION 5	To re-elect Shelagh Mason as a Director: Shares voted Percentage In Favour 329,310,265 99.97 Discretionary 76,996 0.02 Against 29,422 0.01 9,523 votes received were directed to be withheld. IT WAS RESOLVED THAT Ordinary Resolution 5 be and is hereby approved.
ORDINARY RESOLUTION 6		That Deloitte LLP be re-appointed as auditors of the Company: Shares voted Percentage In Favour 304,192,075 92.34 Discretionary 76,996 0.02 Against 25,150,425 7.63 6,710 votes received were directed to be withheld. IT WAS RESOLVED THAT Ordinary Resolution 6 be and is hereby approved.
ORDINARY RESOLUTION 7		That the Directors be authorised to agree the remuneration of the auditors: Shares voted Percentage In Favour 329,342,500 99.97 Discretionary 76,996 0.02 Against 6,710 0.00 IT WAS RESOLVED THAT Ordinary Resolution 7 be and is hereby approved.
ORDINARY RESOLUTION 8		To approve the Directors' remuneration report including the remuneration policy as set out in the Annual Report: Shares voted Percentage In Favour 329,279,939 99.96 Discretionary 76,996 0.02 Against 48,904 0.01 20,367 votes received were directed to be withheld. IT WAS RESOLVED THAT Ordinary Resolution 8 be and is hereby approved.
ORDINARY RESOLUTION 9		To approve the proposed annual remuneration for routine business for each Director, as set out in the Report and Financial Statements, for the year ending 31 December 2015: Shares voted Percentage In Favour 304,061,065 92.34 Discretionary 74,996 0.02 Against 25,164,615 7.64 125,530 votes received were directed to be withheld. IT WAS RESOLVED THAT Ordinary Resolution 9 be and is hereby approved.
	SPECIAL BUSINESS
ORDINARY RESOLUTION 10		To authorise the Company to make market acquisitions of up to 14.99 per cent. of its own issued Ordinary Shares: Shares voted Percentage In Favour 329,229,374 99.97 Discretionary 77,479 0.02 Against 7,480 0.00 111,873 votes received were directed to be withheld. IT WAS RESOLVED THAT Ordinary Resolution 10 be and is hereby approved.
SPECIAL RESOLUTION 11		To approve the partial disapplication of the pre-emption rights under Article 7 of the Company's Articles of Incorporation, thereby giving the Directors the power to allot and issue up to 10 per cent. of the issued Ordinary Shares at a premium to current net asset value per share by way of tap issues: Shares voted Percentage In Favour 326,990,014 99.87 Discretionary 253,181 0.08 Against 173,499 0.05 18,210 votes received were directed to be withheld. IT WAS RESOLVED THAT Special Resolution 11 be and is hereby approved.

In accordance with Listing Rule 9.6.2, a copy of the special resolutions above has been forwarded to the National Storage Mechanism.

For further information, please contact:

Christopher Copperwaite Dexion Capital (Guernsey) Limited

[phone]

 

END

 

 

RAGUNASRVWAVRAR