Result of AGM

RNS Number : 9766M

Glanbia PLC

12 May 2015

 

Glanbia plc ("the Company")

The Directors of the Company wish to announce that all resolutions proposed at the Annual General Meeting of the Company held on 12 May 2015 were passed, results of which are set out below. The full text of each resolution was included in the notice of the Annual General Meeting of the Company circulated to Shareholders on 9 April 2015 and made available on the Company's website www.glanbia.com.

In accordance with the Listing Rules two copies of the resolutions passed at the Annual General Meeting of the Company have been forwarded to both the Irish Stock Exchange and the UK National Storage Mechanism and will shortly be available for inspection at the following locations:-

Companies Announcements Office,

Irish Stock Exchange,

28 Anglesea Street,

Dublin 2,

Ireland

and

http://www.morningstar.co.uk/uk/NSM

RESULTS OF AGM

Each of resolutions 1 to 12 proposed at the Company's Annual General Meeting held on 12 May 2015 (save as provided otherwise herein) were carried on a show of hands. Results of the proxy votes received for each resolution are outlined below. 

Resolutions 3(p) to 3(s) were passed on a poll both by all the shareholders present and voting and all the independent shareholders present and voting (that is the shareholders of the Company entitled to vote on the election of the Directors who are not controlling shareholders (i.e. those shareholder(s) that exercise or control more than 30% of the voting rights of the Company). The results of the voting, on each resolution on each basis, are outlined below.

Resolution 1:

To receive and consider the financial statements for the year ended 3 January 2015

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
198,645,073	100.00%	1,484	0.00%	198,646,557	100.00%	75,128	0.04%	198,721,685	100.00%

Resolution 2:

Declaration of Dividend

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
198,628,065	99.99%	21,782	0.01%	198,649,847	100.00%	71,838	0.04%	198,721,685	100.00%

Resolution 3:

Re-appointment of Directors:

3a - William Carroll

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
190,024,612	95.71%	8,522,516	4.29%	198,547,128	100.00%	174,236	0.09%	198,721,364	100.00%

3b - Henry Corbally

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
163,716,401	82.55%	34,599,244	17.45%	198,315,645	100.00%	406,040	0.20%	198,721,685	100.00%

3c - Jer Doheny

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
190,029,435	95.71%	8,519,791	4.29%	198,549,226	100.00%	172,459	0.09%	198,721,685	100.00%

3d - Mark Garvey

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
194,355,188	97.89%	4,194,359	2.11%	198,549,547	100.00%	172,138	0.09%	198,721,685	100.00%

3e - Vincent Gorman

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
190,015,471	95.70%	8,530,541	4.30%	198,546,012	100.00%	175,673	0.09%	198,721,685	100.00%

3f - Brendan Hayes

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
190,094,024	95.74%	8,454,199	4.26%	198,548,223	100.00%	173,575	0.09%	198,721,798	100.00%

3g - Martin Keane

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
163,716,068	82.55%	34,598,140	17.45%	198,314,208	100.00%	407,477	0.21%	198,721,685	100.00%

3h - Michael Keane

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
190,016,873	95.70%	8,531,237	4.30%	198,548,110	100.00%	173,575	0.09%	198,721,685	100.00%

3i - Hugh McGuire

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
194,355,902	97.89%	4,193,324	2.11%	198,549,226	100.00%	172,459	0.09%	198,721,685	100.00%

3j - Matthew Merrick

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
190,013,787	95.70%	8,535,439	4.30%	198,549,226	100.00%	172,459	0.09%	198,721,685	100.00%

3k - John Murphy

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
190,011,808	95.70%	8,537,418	4.30%	198,549,226	100.00%	172,459	0.09%	198,721,685	100.00%

3l - Patrick Murphy

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
190,016,312	95.70%	8,533,235	4.30%	198,549,547	100.00%	172,138	0.09%	198,721,685	100.00%

3m - Brian Phelan

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
194,351,384	97.89%	4,198,163	2.11%	198,549,547	100.00%	172,138	0.09%	198,721,685	100.00%

3n - Eamon Power

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
190,010,908	95.70%	8,536,541	4.30%	198,547,449	100.00%	174,236	0.09%	198,721,685	100.00%

3o - Siobhan Talbot

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
194,398,164	97.91%	4,151,683	2.09%	198,549,847	100.00%	171,838	0.09%	198,721,685	100.00%

3p - Patrick Coveney

(All Shareholders)

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
187,273,949	94.93%	10,007,168	5.07%	197,281,117	100.00%	2,001,456	1.00%	199,282,573	100.00%

(Independent Shareholders)

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
64,581,551	86.58%	10,007,168	13.42%	74,588,719	100.00%	2,001,456	2.61%	76,590,175	100.00%

3q - Donard Gaynor

(All Shareholders)

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
197,874,191	99.33%	1,325,800	0.67%	199,199,991	100.00%	81,787	0.04%	199,281,778	100.00%

(Independent Shareholders)

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
75,181,793	98.27%	1,325,800	1.73%	76,507,593	100.00%	81,787	0.11%	76,589,380	100.00%

3r - Paul Haran

(All Shareholders)

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
197,780,543	99.29%	1,417,686	0.71%	199,198,229	100.00%	83,549	0.04%	199,281,778	100.00%

 (Independent Shareholders)

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
75,088,145	98.15%	1,417,686	1.85%	76,505,831	100.00%	83,549	0.11%	76,589,380	100.00%

3s - Dan O'Connor

(All Shareholders)

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
198,592,187	99.70%	607,179	0.30%	199,199,366	100.00%	82,412	0.04%	199,281,778	100.00%

 (Independent Shareholders)

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
75,899,789	99.21%	607,179	0.79%	76,506,968	100.00%	82,412	0.11%	76,589,380	100.00%

Liam Herlihy, David Farrell and Patrick Gleeson retired at the conclusion of the Annual General Meeting and accordingly did not offer themselves for re-appointment.  A new chairman will be nominated by the Society and appointed by the Board on 12 June 2015.

Resolution 4:

To authorise the Directors to fix the remuneration of the Auditors for the 2015 financial year

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
189,348,282	95.67%	8,564,186	4.33%	197,912,468	100.00%	809,217	0.41%	198,721,685	100.00%

Resolution 5:

To receive and consider the Remuneration Committee report

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
193,564,861	97.69%	4,569,311	2.31%	198,134,172	100.00%	587,513	0.30%	198,721,685	100.00%

Resolution 6:

To receive and consider the Remuneration Committee Policy report

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
191,062,482	97.59%	4,715,762	2.41%	195,778,244	100.00%	2,943,441	1.48%	198,721,685	100.00%

Resolution 7:

Authorisation to allot equity securities shares for cash

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
198,576,540	99.99%	20,887	0.01%	198,597,427	100.00%	124,258	0.06%	198,721,685	100.00%

Resolution 8:

Special resolution: Authorisation to allot equity securities otherwise than in accordance with statutory pre‑emption rights

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
198,575,784	99.97%	59,102	0.03%	198,634,886	100.00%	86,799	0.04%	198,721,685	100.00%

Resolution 9:

Special resolution: Authorisation to retain the power to hold EGMs on 14 days' notice

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
195,051,955	98.19%	3,596,892	1.81%	198,648,847	100.00%	72,838	0.04%	198,721,685	100.00%

Resolution 10:

Special resolution: To amend the Memorandum of Association

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
198,616,677	99.99%	18,294	0.01%	198,634,971	100.00%	85,014	0.04%	198,719,985	100.00%

Resolution 11:

Special resolution: To amend the Articles of Association

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
198,620,711	99.99%	18,566	0.01%	198,639,277	100.00%	82,408	0.04%	198,721,685	100.00%

Resolution 12:

Ordinary resolution: To amend the 2008 Long Term Incentive Plan

For		Against		Total		Withheld		Total including withheld
Votes/Shares	%	Votes/Shares	%	Votes/Shares		Votes/Shares	%	Votes/Shares	%
191,306,153	97.58%	4,737,693	2.42%	196,043,846	100.00%	2,677,839	1.35%	198,721,685	100.00%

The "Vote Withheld" option is provided to enable abstention on any particular resolution. However, it should be noted that 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.

12 May 2015

For further information contact:

Michael Horan, Group Secretary

Tel: [phone]

 

END

 

 

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