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Balfour Beatty PLC (BBY)

  Print          Annual reports

Thursday 12 May, 2022

Balfour Beatty PLC

Result of AGM

RNS Number : 3209L
Balfour Beatty PLC
12 May 2022
 

Balfour Beatty plc (the 'Company')

AGM Results

12 May 2022

 

Balfour Beatty plc announces that, at its Annual General Meeting ('AGM') held on 12 May 2022, the resolutions set out in the Notice of AGM dated 1 April 2022 were passed following a poll on each resolution.

 

Resolutions 1 to 16 were passed as Ordinary Resolutions and Resolutions 17 to 19 were passed as Special Resolutions. The table below details votes cast on each resolution.

 

 

Votes For

And

Discretionary

%

Votes Against

%

Votes Total

Votes

Withheld

% of ISC Voted (excluding shares held in Treasury)

Resolution 1:

To adopt the Directors' Report and Accounts for the year ended 31 December 2021

491,440,184

100.00%

6,709

0.00%

491,446,893

4,942,482

77.88%

Resolution 2:

To approve the Directors' Remuneration Report for the year ended 31 December 2021

464,255,659

93.59%

31,798,975

6.41%

496,054,634

42,544

78.61%

Resolution 3:

To declare a final dividend of 6.0p per ordinary share of the Company

496,073,589

 

100.00%

1,585

0.00%

496,075,174

22,004

78.61%

Resolution 4:

To elect C Allen, Lord Allen of Kensington CBE as a Director

427,209,135

 

89.01%

52,773,938

10.99%

479,983,073

16,114,105

76.06%

Resolution 5:

To elect Ms L Hardy as a Director

493,917,992

 

 

99.57%

2,135,772

0.43%

496,053,764

43,414

78.61%

Resolution 6:

To re-elect Dr S R Billingham CBE as a Director

487,499,559

 

98.27%

8,574,815

1.73%

496,074,374

22,804

78.61%

Resolution 7:

To re-elect Mr S J Doughty CMG as a Director

483,116,738

 

97.39%

12,952,926

2.61%

496,069,664

27,514

78.61%

Resolution 8:

To re-elect Mr P J Harrison as a Director

495,178,324

 

99.82%

895,036

0.18%

496,073,360

23,818

78.61%

Resolution 9:

To re-elect Mr M A Lucki as a Director

 

495,976,613

 

99.98%

97,225

0.02%

496,073,838

23,340

78.61%

Resolution 10:

To re-elect Ms B J Moorhouse as a Director

 

487,734,083

 

98.26%

8,630,958

1.74%

496,365,041

24,334

78.66%

Resolution 11:

To re-elect Mr L M Quinn as a Director

 

496,263,191

99.98%

102,366

0.02%

496,365,557

23,818

78.66%

Resolution 12:

To re-elect Ms A Drinkwater as a Director

 

496,254,814

99.98%

108,008

0.02%

496,362,822

26,553

78.66%

Resolution 13:

To reappoint KPMG LLP as auditor

 

469,925,333

94.68%

26,380,937

5.32%

496,306,270

83,105

78.65%

Resolution 14:

To authorise the Directors to determine the remuneration of the auditor

496,321,316

99.99%

37,376

0.01%

496,358,692

30,683

78.66%

Resolution 15:

To authorise the Company and its UK subsidiaries to incur political expenditure

485,791,733

 

 

 

 

 

 

 

97.87%

10,573,191

2.13%

496,364,924

24,451

78.66%

Resolution 16:

To authorise the Directors to allot shares

481,424,843

96.99%

14,940,401

3.01%

496,365,244

24,131

78.66%

Resolution 17:

To authorise the Directors to allot shares for cash on a non pre-emptive basis

491,582,337

99.04%

4,779,975

0.96%

496,362,312

27,063

78.66%

Resolution 18:

To renew the authority for the Company to purchase its own ordinary shares

468,543,841

94.65%

26,494,542

5.35%

495,038,383

1,350,992

78.45%

Resolution 19:

To authorise the Company to hold meetings, other than an Annual General Meeting, on 14 clear days' notice

475,807,727

95.92%

20,264,440

4.08%

496,072,167

1,706,306

78.61%

 

 

Notes:

1.  The "for" votes include those giving the Chair of the AGM discretion.

2.  Votes "for" and "against" are expressed as a percentage of the total votes cast (excluding votes withheld).

3.  The percentages above are rounded to two decimal places.

4.  A vote withheld is not a vote in law and is not counted in the calculation of votes "for" or "against" a resolution.

5.  Votes withheld are included in the percentage of issued share capital ('ISC') voted (excluding shares held in Treasury) calculation.

6.  The total number of Ordinary Shares of 50p each in the Company in issue, excluding 58,702,759 treasury shares registered on the share register in the Company's name, at close of business on 10 May 2022 and the number used for the percentage of ISC voted was 631,036,860.

 

 

In accordance with Listing Rule 9.6.2R, copies of resolutions other than those concerning ordinary business passed at the Annual General Meeting will be submitted to the National Storage Mechanism and will shortly be available for inspection at  https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

 

Please do not hesitate to contact [email protected] should you have any queries regarding this announcement.

 

Balfour Beatty plc's Legal Entity Identifier is CT4UIJ3TUKGYYHMENQ17.

 

 

General enquiries:

Contact and telephone number for queries

Duly authorised officer of issuer responsible for making notification:

 

Tracey Wood, Group General Counsel and Company Secretary

Tel. +44 (0)20 7216 6800

 

Media enquiries: 

Antonia Walton
Tel. +44 (0) 7966 929 633
[email protected]

 

Notes to editors:

· Balfour Beatty is a leading international infrastructure group with 24,500 employees driving the delivery of powerful new solutions, shaping thinking, creating skylines and inspiring a new generation of talent to be the change-makers of tomorrow. 

· We finance, develop, build, maintain and operate the increasingly complex and critical infrastructure that supports national economies and deliver projects at the heart of local communities.

· Over the last 113 years we have created iconic buildings and infrastructure all over the world including: the £1.5 billion A14 improvement scheme - Britain's biggest road project; Hong Kong's HK$5.5 billion world-class harbour theatre project for the West Kowloon Cultural District Authority; and the 12.5 mile $429 million North Metro Commuter Rail line in Colorado, US.

 

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