Results of AGM & EGM
Guinness Peat Group PLC
11 May 2005
GUINNESS PEAT GROUP PLC
ANNOUNCEMENT
Results of Shareholder Meetings
Guinness Peat Group plc ("GPG" or the "Company") announces that at its Annual
General Meeting ("AGM") and the Extraordinary General Meeting ("EGM"), both of
which were held in London on 11 May 2005, all of the resolutions put to the
meetings were duly passed. A report on the proceedings at the AGM and the EGM
will be published on the Company's website, www.gpgplc.com.
AGM Proxies
At the AGM the following levels of proxy appointments in respect of the Chairman
of the meeting and associated voting instructions were received prior to the
meeting:
Resolution Brief Description For Against
1. To receive the directors' Report & Accounts. 312,232,636 2,207,738
2. To declare a final dividend. 314,299,844 185,289
3. To receive and approve the directors' remuneration report. 312,071,657 2,366,481
4. To re-elect Tony Gibbs a director. 294,783,836 120,541
5. To re-elect Blake Nixon a director. 290,627,107 4,282,270
6. To appoint Deloitte & Touche LLP as auditor. 314,465,580 19,553
7. To authorise the directors to fix the remuneration of the auditor. 314,404,677 80,456
8. To authorise the directors to allot securities. 310,038,117 4,447,016
(Companies Act 1985, s.80).
9. To approve the Capitalisation Issue 2005. 294,850,124 53,362
10. To disapply statutory pre-emption provisions (Companies Act 1985, s.95) 276,197,605 38,286,788
(Special Resolution).
11. To authorise the Company generally to make market purchases of its own 314,310,191 174,942
ordinary shares. (Companies Act, s.166) (Special Resolution)
12. To authorise the directors generally to offer scrip dividend 314,261,450 223,683
alternatives. (Special Resolution).
EGM Proxies
At the EGM the following levels of proxy appointments in respect of the Chairman
of the meeting and associated voting instructions were received prior to the
meeting:
Resolution Brief Description For Against
1. To amend the calculations of individual participant limits under the 255,143,745 56,827,095
Company's 2002 Option Scheme
2. To grant options under the Company's 2002 Option Scheme (ASX Listing 278,060,156 17,956,801
Rule 7.2 Exception 9)
3. To grant options to directors (ASX Listing Rule 10.14)
(a) Sir Ron Brierley 254,388,122 17,662,545
(b) G J Cureton 278,079,309 17,864,838
(c) A I Gibbs 278,052,982 17,906,214
(d) B A Nixon 271,722,657 17,885,787
(e) Dr G H Weiss 278,090,238 17,866,258
Notes to the disclosures
1. Any proxy appointments which gave discretion to the Chairman have been
included in the "for" total.
2. Any proxy appointments in respect of a named individual rather than
"the Chairman of the meeting" have been excluded for this disclosure.
Had these been included, they would in all cases have substantially
increased the votes in favour of the resolutions with negligible effect
on votes against.
Stock Events
Applications have been or are being made to the UK Listing Authority for up to
99,068,107 shares to be admitted to the Official List and to the London Stock
Exchange for these shares to be admitted to trading on its market for its listed
securities to satisfy the scrip dividend, due to be allotted on 16 May 2005, and
the proposed allotment of shares on 23 May in respect of the Capitalisation
Issue 2005. Application will also be made for the official quotation of these
shares on the Australian Stock Exchange, where they will be quoted (and will
trade) as CHESS Depository Instruments on completion of allotment procedures.
These shares have been accepted for quotation on the New Zealand Stock Exchange
and will be quoted on completion of allotment procedures. Confirmations in
respect of those allotments will be announced as they occur.
J R Russell
Company Secretary
11 May 2005
This information is provided by RNS
The company news service from the London Stock Exchange
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