Result of AGM

RNS Number : 2516Y
Tribal Group PLC
13 May 2016
 

Tribal Group plc

 

Result of Annual General Meeting

 

 

At the Annual General Meeting of the members of Tribal Group plc duly convened and held on Friday 13 May 2016 a show of hands was held on each resolution proposed, which were passed with large majorities:

 

No.

Description

For

%

Against

%

Withheld

1

Report & Accounts

133,213,537

99.99

4,405

0.01

1,972

2

Remuneration Report

129,723,638

97.41

3,443,708

2.59

52,568

3

Re-appoint Deloitte

133,203,602

99.99

16,312

0.01

0

4

Auditor's Remuneration

133,214,981

99.99

2,961

0.01

1,972

5

Elect Ian Bowles

133,195,496

99.99

12,257

0.01

12,161

6

Re-elect Steve Breach

122,570,156

92.01

10,637,597

7.99

12,161

7

Elect Richard Last

133,204,352

99.99

10,833

0.01

4,729

8

Elect Roger McDowell

116,258,363

87.28

16,944,822

12.72

16,729

9

Re-elect David Egan

133,228,949

99.99

14,236

0.01

16,729

10

Authority to allot shares

113,685,530

85.34

19,534,223

14.66

161

11

Disapply pre-emption rights

133,155,173

99.95

64,540

0.05

201

12

Purchase of own shares

133,122,245

99.93

97,629

0.07

40

13

Notice period for General Meetings

129,620,914

97.30

3,598,839

2.70

161

 

Resolutions 11, 12 and 13 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: 195,380,299

 

Further detail on the figures can be found at www.tribalgroup.com, in the Investors section.

 

 

Special business

 

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

 

12. To consider and if thought fit pass the following resolution as a Special Resolution:

 

"That, in accordance with Article 11 of its Articles of Association, the Company is generally and unconditionally authorised for the purposes of section 701 of the 2006 Act 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 19,538,029;

 

(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 five business days immediately 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 2017 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."

 

13. To consider and if thought fit pass the following resolution as a Special Resolution:

 

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

 

 

ENQUIRIES:

 

Tribal Group plc   

Tel: 0845 123 6001

Rob Ewin, Company Secretary


Stephen Breach, Group Finance Director




 

 


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