Information  X 
Enter a valid email address

Diploma PLC (DPLM)

  Print      Mail a friend       Annual reports

Thursday 16 January, 2020

Diploma PLC

Result of AGM

RNS Number : 0418A
Diploma PLC
16 January 2020
 

 

DIPLOMA PLC

                                           12 CHARTERHOUSE SQUARE, LONDON EC1M 6AX

TELEPHONE: +44 (0)20 7549 5700

FACSIMILE: +44 (0)20 7549 5715

 

FOR IMMEDIATE RELEASE

 

16 January 2020

 

 

RESULT OF ANNUAL GENERAL MEETING ("AGM")

 

All of the resolutions put to shareholders at the AGM of Diploma PLC held yesterday, were passed by poll votes. The full text of each resolution is contained in the Notice of Annual General Meeting, which is available on the Company's website. The results of the AGM have now been published on the Company's website at https://www.diplomaplc.com/investors/agm/

 

The Company has submitted copies of resolutions, concerning items other than ordinary business to the National Storage Mechanism and these will shortly be available for inspection at www.morningstar.co.uk/uk/nsm 

 

The total number of votes cast for each resolution is set out in the table below.

 

Summary of Proxy Votes Cast

 

Resolution

Description

For

%

Against

%


Withheld









1

Receive Annual Report & Accounts 2019

 

97,619,424

 

99.99

 

11,244

 

0.01


 

91,474









2

Approve Final Dividend

97,697,066

99.97

25,077

0.03


0









3

Re-elect JE Nicholas

94,264,570

96.60

3,321,667

3.40


135,905









4

Elect JD Thomson

97,033,774

99.30

681,447

0.70


6,922









5

Re-elect NP Lingwood

96,693,110

98.95

1,022,111

1.05


6,922









6

Re-elect CM Packshaw

92,914,394

95.09

4,800,827

4.91


6,922









7

Re-elect AP Smith

90,324,552

92.44

7,390,668

7.56


6,922









8

Re-elect A Thorburn

92,914,394

95.09

4,800,827

4.91


6,922









9

Re-appoint PricewaterhouseCoopers LLP as Auditor

 

97,710,256

 

100.00

 

4,838

 

0.00


 

7,049









10

Authorise Board to Determine Auditor Remuneration

 

97,712,232

 

100.00

 

2,989

 

0.00


 

6,922









11

Remuneration Policy

60,768,041

79.98

15,209,003

20.02


21,745,098









12

Remuneration Report

51,335,927

55.81

40,645,728

44.19


5,740,487









13

2020 Performance Share Plan

85,878,571

87.93

11,789,234

12.07


54,337









14

Authority to Allot Shares

85,326,863

87.33

12,380,608

12.67


7,672









15 (SR)

Pre-emption Rights

95,538,418

97.77

2,179,661

2.23


4,064









16 (SR)

 

 

17(SR)

Additional Pre-emption rights

 

Authorise Market Purchases

94,899,155

 

 

97,091,290

97.12

 

 

99.40

2,818,923

 

 

590,726

2.88

 

 

0.60


4,064

 

 

40,126









18 (SR)

Shorter Notice for General Meetings

92,080,528

94.23

5,639,115

5.77


2,500

 

Notes:

 

1.     A total of 97,722,143 votes were validly cast, including a total of 279 proxy votes.

2.    The Company's Issued Share Capital ("ISC") is 113,239,555 ordinary shares of 5p each and the proportion of the ISC represented by those votes validly cast is 86.30%.

3.     A vote withheld is not a vote in law and is not counted.

4.     In relation to Resolution 11 (the Directors' Remuneration Policy - the "Policy") there were 79.98% of votes cast in favour of this resolution, therefore the Resolution to approve the Policy was passed and the Policy will now apply for up to three years unless earlier replaced by a new or amended Policy.

5.     In relation to Resolution 12 (the Directors' Remuneration Report - the "Report") there were 55.81% of votes cast in favour of this resolution, therefore the Resolution to approve the Report was passed.

6.     We acknowledge the concerns that some of our shareholders have expressed in respect of Resolutions 11 and 12. We carried out a detailed consultation process on Directors' Remuneration in Autumn 2019 and we will continue to consult and engage with our shareholders to better understand their views and we will provide an update within six months.

 

 

 

 

AJ Gallagher

Group Company Secretary

Diploma PLC

 

 

 

 

 

 

For further information, please contact:

 

Diploma PLC -

+44 (0)20 7549 5700

Anthony Gallagher, Group Company Secretary




 

LEI:2138008OGI7VYG8FGR19

 


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 [email protected] or visit www.rns.com.
 
END
 
 
RAGFLFFILIIRLII

a d v e r t i s e m e n t