Result of AGM

RNS Number : 4783D

Tribal Group PLC

16 May 2012

 



Tribal Group plc

Result of Annual General Meeting

At the Annual General Meeting of the members of Tribal Group plc held on Wednesday 16 May 2012 a poll was held on each resolution proposed, and each resolution was passed with a large majority:

No.	Description	For	%	Against	%	Withheld
1	Report & Accounts	64,133,227	99.99%	22	0.01%	2,000
2	Remuneration Report	63,730,050	99.37%	405,199	0.63%	0
3	Final dividend	63,768,345	99.43%	365,961	0.57%	943
4	Re-appoint Deloitte	63,707,802	99.33%	427,447	0.67%	0
5	Re-elect Katherine Innes Ker	64,096,359	99.96%	27,152	0.04%	11,738
6	Re-elect John Ormerod	64,099,320	99.96%	24,191	0.04%	11,738
7	Re-elect Keith Evans	64,096,758	99.96%	23,173	0.04%	15,318
8	Re-elect Steve Breach	64,089,203	99.93%	43,524	0.07%	2,522
9	Re-elect Simon Ball	64,101,299	99.97%	22,212	0.03%	11,738
10	Re-elect Mathew Masters	64,097,320	99.96%	26,191	0.04%	11,738
11	Authority to allot shares	64,096,677	99.96%	28,083	0.04%	10,217
12	Disapply pre-emption rights	64,018,337	99.84%	105,735	0.16%	11,177
13	Purchase of own shares	64,054,289	99.89%	72,722	0.11%	8,238
14	Notice period for General Meetings	62,936,544	98.14%	1,190,489	1.86%	8,216
15	Adopt new Articles of Association	64,099,051	99.96%	25,021	0.04%	11,177

Resolutions 12, 13, 14 and 15 were passed as special resolutions.

The votes withheld are not a vote in law and are not counted in the overall voting figures.

Number of shares in issue: 93,695,985

Special business

The Resolutions set out below were duly passed as special business:

Resolution 13: That, in accordance with Article 11 of its Articles of Association and section 701 of the 2006 Act, the Company is generally and unconditionally authorised to make market purchases (as defined in section 693(4) of the 2006 Act) of ordinary shares of 5p each in the Company ("Ordinary Shares") on such terms and in such manner as the directors of the Company may from time to time determine provided that:

(a)      the maximum number of Ordinary Shares that may be purchased pursuant to this authority is 9,369,598;

(b)      the maximum price which may be paid for an Ordinary Share purchased pursuant to this authority is an amount equal to 105 per cent. of the average of the middle market quotation of the Company's Ordinary Shares as derived from the London Stock Exchange Daily Official List for the ten business days preceding the day on which that share is purchased and the minimum price which may be paid is 5p per Ordinary share (in each case exclusive of expenses payable by the Company); and

(c)      this authority will expire at the conclusion of the annual general meeting of the Company to be held in 2013 unless renewed or extended before that time, but the Company may enter into a contract for the purchase of its Ordinary Shares under this authority before its expiry which will or may be completed wholly or partly after the expiry of this authority and may make a purchase of Ordinary Shares in pursuance of any such contract.

Resolution 14: That a general meeting other than an annual general meeting may be called on not less than 14 clear days' notice.

Resolution 15: That, with effect from the conclusion of the meeting, the Articles of Association produced to the meeting and initialled by the Chairman of the meeting for the purposes of identification be adopted as the new Articles of Association of the Company in substitution for, and to the exclusion of, the existing Articles of Association.

Copies of these resolutions have been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.Hemscott.com/nsm.do

ENQUIRIES:

Tribal Group plc	Tel: [phone]
Keith Evans, Chief Executive
Stephen Breach, Group Finance Director

 

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