Result of AGM

Vistry Group PLC
18 May 2023
 

Vistry Group PLC - Result of AGM

At the Vistry Group PLC ('Company') 2022 Annual General Meeting ('AGM') held on Thursday 18 May 2023, all resolutions put to the AGM were voted on by poll and were passed by shareholders. The results will be available shortly on the Company's website www.vistrygroup.co.uk.

In accordance with Listing Rule 9.6.2, copies of the resolutions that do not constitute ordinary business at an AGM are being submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

For information, the results of the poll voting are given below: 

RESOLUTION 

VOTES
FOR

%

VOTES
AGAINST

%

VOTES
TOTAL

% of ISC VOTED

VOTES
WITHHELD

1.    To receive the audited accounts of the Company for the year ended 31 December 2022, together with the Strategic report, Directors' report and the Independent Auditors report on those accounts.

 

270,271,966

99.98%

60,199

0.02%

270,332,165

78.19%

476,362

2.   To approve the Directors' Remuneration Report.

139,086,457

52.92%

123,759,117

47.08%

262,845,574

76.03%

7,962,953

3.    To declare the final dividend of 32 pence per ordinary share recommended by the directors.

269,129,702

99.39%

1,657,196

0.61%

270,786,898

78.32%

21,629

4.    To re-elect Ralph Graham Findlay as a director of the Company.

251,154,169

92.97%

18,978,502

7.03%

270,132,671

78.14%

675,856

5.    To re-elect Margaret Christine Browne as a director of the Company.

248,305,600

91.70%

22,470,611

8.30%

270,776,211

78.32%

32,316

6.    To re-elect Dr Ashley Caroline Steel as a director of the Company.

RESOLUTION WITHDRAWN

7.    To re-elect Gregory Paul Fitzgerald as director of the Company.

262,061,530

96.78%

8,716,030

3.22%

270,777,560

78.32%

30,967

8.    To re-elect Earl Sibley as a director of the Company.

258,123,520

95.33%

12,644,402

4.67%

270,767,922

78.32%

31,305

9.    To elect Timothy Charles Lawlor as a director of the Company.

259,771,071

95.94%

11,002,205

4.06%

270,773,276

78.32%

35,251

10.  To elect Rowan Clare Baker as a director of the Company.

262,909,507

97.10%

7,864,147

2.90%

270,773,654

78.32%

34,406

11.  To elect Jeffrey W Ubben as a director of the Company.

229,769,440

85.00%

40,546,505

15.00%

270,315,945

78.19%

492,582

12.  To re-appoint PricewaterhouseCoopers LLP as auditors of the Company.

267,720,451

98.87%

3,057,485

1.13%

270,777,936

78.32%

30,591

13.  To authorise the directors to determine the remuneration of the auditors.

268,522,717

99.17%

2,249,453

0.83%

270,772,170

78.32%

36,357

14.  To authorise the Company to make Political Donations.

263,520,541

97.32%

7,246,858

2.68%

270,767,399

78.32%

41,140

15.  Authority to allot shares.

263,882,254

97.45%

6,900,129

2.55%

270,782,383

78.32%

26,144

16.  Authority to dis-apply pre-emption rights.

252,485,254

93.25%

18,285,324

6.75%

270,770,578

78.32%

37,949

17.  Additional authority to disapply pre-emption rights.

250,555,185

92.53%

20,215,300

7.47%

270,770,485

78.32%

38,042

18.  That a general meeting other than an Annual General Meeting may be called on not less than 14 clear days' notice.

266,612,187

98.46%

4,165,129

1.54%

270,777,316

78.32%

31,211

19.  Authority to purchase own shares.

269,325,240

99.61%

1,049,289

0.39%

270,374,529

78.21%

433,998

The issued share capital at the date of the AGM was 347,224,652 ordinary shares of 50p each with 1,500,000 shares held in Treasury. Therefore, the total voting rights of the Company is 345,724,652.

A 'vote withheld' is not a vote in law and has not been counted in the calculation of votes for and against.

Board response to Resolution 2 - approval of the Directors' Remuneration Report

While the Board notes that all other resolutions were passed with strong majorities, we acknowledge that the advisory vote on the Directors' Remuneration Report was passed with 52.92%. As such, we remain committed to shareholder engagement and will consult with our shareholders over the course of the next few months so that we can fully understand their concerns and decide on appropriate next steps.  In line with the UK Corporate Governance Code, we will publish an update on our shareholder engagement, as well as any actions taken, within six months of the 2023 AGM.  

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 

Companies

Vistry Group (VTY)
UK 100

Latest directors dealings