Results of Annual General Meeting 2020
29 April 2020
AIB GROUP PLC (the "Company")
RESULTS OF ANNUAL GENERAL MEETING 2020
The Company announces that at its Annual General Meeting ("AGM"), held today at 10 Molesworth Street, Dublin 2, all of the resolutions proposed were duly passed on a poll.
Resolutions 1 to 8 (inclusive) were passed as ordinary resolutions and resolutions 9 to 12 (inclusive) were passed as special resolutions.
The full text of each resolution, together with explanatory notes, are set out in the Notice of AGM which was circulated to shareholders on 30 March 2020 and made available on the Company's website at www.aib.ie/investorrelations
The results of the voting on the resolutions are as follows:
|
Resolution |
Votes For |
% |
Votes Against |
% |
Total Votes Cast |
Votes Withheld |
|
|
1 |
To receive and consider the financial statements for the year together with the reports of the Directors and the Auditor thereon. |
2,461,670,290 |
100.00 |
863 |
0.00 |
2,461,671,153 |
699,028 |
|
2 |
To declare a final dividend. |
n/a resolution withdrawn
|
-
|
n/a resolution withdrawn
|
-
|
n/a resolution withdrawn
|
-
|
|
3 |
To authorise the Directors to fix the remuneration of the Auditor. |
2,446,823,273 |
99.38 |
15,282,701 |
0.62 |
2,462,105,974 |
264,206 |
|
4 |
To consider the continuation in office of Deloitte as Auditor. |
2,452,081,167 |
99.58 |
10,282,848 |
0.42 |
2,462,364,015 |
6,166 |
|
5(a) |
To appoint Basil Geoghegan. |
2,460,540,574 |
99.93 |
1,820,553 |
0.07 |
2,462,361,127 |
9,049 |
|
5(b) |
To reappoint Colin Hunt. |
2,462,285,787 |
100.00 |
78,720 |
0.00 |
2,462,364,507 |
5,537 |
|
5(c) |
To reappoint Sandy Kinney Pritchard. |
2,458,879,886 |
99.86 |
3,481,225 |
0.14 |
2,462,361,111 |
9,070 |
|
5(d) |
To reappoint Carolan Lennon. |
2,462,306,434 |
100.00 |
57,967 |
0.00 |
2,462,364,401 |
5,780 |
|
5(e) |
To appoint Elaine MacLean. |
2,462,350,307 |
100.00 |
10,579 |
0.00 |
2,462,360,886 |
9,295 |
|
5(f) |
To reappoint Brendan McDonagh. |
2,458,892,583 |
99.86 |
3,474,263 |
0.14 |
2,462,366,846 |
3,335 |
|
5(g) |
To reappoint Helen Normoyle. |
2,462,306,699 |
100.00 |
60,212 |
0.00 |
2,462,366,911 |
3,270 |
|
5(h) |
To appoint Ann O'Brien. |
2,462,310,503 |
100.00 |
52,780 |
0.00 |
2,462,363,283 |
6,898 |
|
5(i) |
To reappoint Tomás O'Midheach. |
2,461,872,322 |
99.98 |
490,807 |
0.02 |
2,462,363,129 |
7,052 |
|
5(j) |
To appoint Raj Singh. |
2,462,305,561 |
100.00 |
55,608 |
0.00 |
2,462,361,169 |
9,012 |
|
6 |
To consider the Directors' Remuneration Report. |
2,461,244,857 |
99.95 |
1,121,887 |
0.05 |
2,462,366,744 |
3,437 |
|
7 |
To consider the Remuneration Policy. |
2,447,456,331 |
99.39 |
14,908,150 |
0.61 |
2,462,364,481 |
5,700 |
|
8 |
To authorise the Directors allot relevant securities. |
2,453,297,161 |
99.63 |
9,069,676 |
0.37 |
2,462,366,837 |
3,344 |
|
9(a) |
Limited authorisation for the Directors to disapply pre-emption rights. |
2,457,088,508 |
99.79 |
5,278,464 |
0.21 |
2,462,366,972 |
3,209 |
|
9(b) |
Limited authorisation for the Directors to disapply pre-emption rights for an acquisition or specified capital event. |
2,457,086,216 |
99.79 |
5,280,560 |
0.21 |
2,462,366,776 |
3,405 |
|
10 |
To authorise purchase by the Company of its own shares. |
2,461,108,992 |
99.95 |
1,206,426 |
0.05 |
2,462,315,418 |
50,197 |
|
11 |
To determine the re-issue price range at which the any treasury shares held may be re-issued off-market. |
2,462,135,754 |
99.99 |
181,549 |
0.01 |
2,462,317,303 |
52,878 |
|
12 |
To authorise the Directors to convene general meetings on 14 days' notice. |
2,443,142,789 |
99.22 |
19,220,691 |
0.78 |
2,462,363,480 |
6,701 |
In accordance with Listing Rule 6.1.11 of Euronext Dublin and Listing Rule 9.2.2E of the Financial Conduct Authority, resolutions 5(a), (c), (d), (e), (f), (g), (h), and (j), relating to the re-election of the independent non-executive Directors, were passed by majority of each of:
- the shareholders of the Company, and
- the independent shareholders of the Company (that is, the shareholders of the Company entitled to vote on the election of Directors who are not controlling shareholders).
Votes cast by shareholders excluding the controlling shareholder are shown below.
|
Resolution |
Votes For |
% |
Votes Against |
% |
Total Votes Cast |
Votes Withheld |
|
|
5(a) |
To appoint Basil Geoghegan. |
530,104,031 |
99.66 |
1,820,553 |
0.34 |
531,924,584 |
9,049 |
|
5(c) |
To reappoint Sandy Kinney Pritchard. |
528,443,343 |
99.35 |
3,481,225 |
0.65 |
531,924,568 |
9,070 |
|
5(d) |
To reappoint Carolan Lennon. |
531,869,891 |
99.99 |
57,967 |
0.01 |
531,927,858 |
5,780 |
|
5(e) |
To appoint Elaine MacLean. |
531,913,764 |
100.00 |
10,579 |
0.00 |
531,924,343 |
9,295 |
|
5(f) |
To reappoint Brendan McDonagh. |
528,456,040 |
99.35 |
3,474,263 |
0.65 |
531,930,303 |
3,335 |
|
5(g) |
To reappoint Helen Normoyle. |
531,870,156 |
99.99 |
60,212 |
0.01 |
531,930,368 |
3,270 |
|
5(h) |
To appoint Ann O'Brien. |
531,873,960 |
99.99 |
52,780 |
0.01 |
531,926,740 |
6,898 |
|
5(j) |
To appoint Raj Singh. |
531,869,018 |
99.99 |
55,608 |
0.01 |
531,924,626 |
9,012 |
Notes:
1. A "Vote Withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" a resolution.
2. The total number of ordinary shares in issue as at Monday, 27 April 2020 was 2,714,381,237.
3. The total number of ordinary shares held by shareholders excluding the controlling shareholder on Monday, 27 April 2020 was 783,944,694.
In accordance with Listing Rule 6.1.60 of Euronext Dublin and Listing Rule 9.6.2 of the Financial Conduct Authority, copies of all resolutions, other than those concerning ordinary business, passed at the AGM today have been submitted to Euronext Dublin and the UK National Storage Mechanism and will be shortly available for inspection at www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism.
-ENDS-
For further information, please contact:
|
Conor Gouldson |
Paddy McDonnell |
|
Head of Corporate Governance |
Head of Media Relations |
|
AIB Group plc |
AIB Group plc |
|
Dublin |
Dublin |
|
Tel: +353-1-772 0030 |
Tel: 353-1-641 2869 |
|
email: conor.w.gouldson@aib.ie |
email: paddy.x.mcdonnell@aib.ie |
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.
Latest directors dealings
- 1 hour ago Luceco
- 1 hour ago Helios Towers
- 2 hours ago Wise Class A
- 2 hours ago EDX Medical Group Plc
- 2 hours ago Naked Wines