FIRSTGROUP PLC
RESULT OF ANNUAL
GENERAL MEETING (AGM)
FirstGroup plc (the ‘Company’) announces that, at the AGM held
earlier today, all resolutions were duly passed by the Company’s
shareholders on a poll. The results of the poll are shown in
the table below and will also be available on the Company’s
website.
|
Resolution |
FOR |
AGAINST |
TOTAL |
WITHHELD |
No.
of Votes |
% of
Vote |
No.
of Votes |
% of
Vote |
No.
of Votes |
No.
of Votes |
1. |
To receive the Annual
Report and Financial Statements for the year ended 31 March
2017 |
987,154,703 |
99.98 |
206,262 |
0.02 |
987,360,965 |
646,371 |
2. |
To approve the
Directors’ Annual Report on Remuneration |
902,019,470 |
91.32 |
85,771,076 |
8.68 |
987,790,546 |
222,240 |
3. |
To elect Richard Adam
as a Director |
763,414,845 |
77.28 |
224,406,688 |
22.72 |
987,821,533 |
191,254 |
4. |
To elect Jimmy
Groombridge as a Director |
983,972,556 |
99.61 |
3,878,040 |
0.39 |
987,850,596 |
162,191 |
5. |
To elect Martha
Poulter as a Director |
987,121,479 |
99.93 |
686,502 |
0.07 |
987,807,981 |
204,806 |
6. |
To re-elect Warwick
Brady as a Director |
984,440,017 |
99.66 |
3,385,647 |
0.34 |
987,825,664 |
187,123 |
7. |
To re-elect Matthew
Gregory as a Director |
984,957,444 |
99.71 |
2,859,650 |
0.29 |
987,817,094 |
195,693 |
8. |
To re-elect Drummond
Hall as a Director |
984,426,862 |
99.66 |
3,398,321 |
0.34 |
987,825,183 |
187,604 |
9. |
To re-elect Wolfhart
Hauser as a Director |
976,972,453 |
98.90 |
10,853,079 |
1.10 |
987,825,532 |
187,254 |
10. |
To re-elect Tim
O’Toole as a Director |
985,235,158 |
99.74 |
2,597,084 |
0.26 |
987,832,242 |
179,270 |
11. |
To re-elect Imelda
Walsh as a Director |
986,095,046 |
99.82 |
1,743,804 |
0.18 |
987,838,850 |
173,937 |
12. |
To re-elect Jim
Winestock as a Director |
985,997,275 |
99.81 |
1,867,997 |
0.19 |
987,865,272 |
147,515 |
13. |
To re-appoint Deloitte
LLP as auditors |
961,540,271 |
97.34 |
26,270,887 |
2.66 |
987,811,158 |
201,628 |
14. |
To authorise the
Directors to determine the remuneration of the auditors |
985,600,099 |
99.77 |
2,265,936 |
0.23 |
987,866,035 |
146,751 |
15. |
To authorise the
Directors to allot shares |
977,057,480 |
98.99 |
9,952,889 |
1.01 |
987,010,369 |
1,002,418 |
16. |
To authorise the
Directors to disapply pre-emption rights |
968,183,319 |
99.74 |
2,528,026 |
0.26 |
970,711,345 |
17,301,442 |
17. |
To disapply
pre-emption rights for acquisitions or other capital
investments |
942,316,762 |
97.08 |
28,357,073 |
2.92 |
970,673,835 |
17,338,951 |
18. |
To authorise the
Directors to make market purchases of the Company’s shares |
976,708,197 |
99.04 |
9,440,472 |
0.96 |
986,148,669 |
1,864,117 |
19. |
To authorise the
Company to make political donations and incur political
expenditure |
872,334,956 |
88.31 |
115,458,657 |
11.69 |
987,793,613 |
222,035 |
20. |
To authorise the
calling of general meetings on 14 clear days’ notice |
961,865,830 |
97.38 |
25,912,820 |
2.62 |
987,778,650 |
234,137 |
Votes “For” and “Against” are expressed as a percentage of votes
received. A “Vote withheld” is not a vote in law and is not counted
in the calculation of the votes “For” and “Against” a resolution.
Votes were cast for a total of 987,866,035 ordinary shares of
5 pence per share, representing
81.74% of the total number of votes capable of being cast at the
AGM. The Company's issued share capital as at today's date is
1,208,614,263 ordinary shares and the number of votes per share is
one. The Company held 157,229 shares in Treasury, which do not
carry any voting rights. Resolutions 1 to 15 and 19 were proposed
as Ordinary Resolutions and resolutions 16 to 18 and 20 as Special
Resolutions.
The Board is pleased that shareholders voted in favour of all of
the resolutions put to today's meeting. However, the Board
notes the 77.28% vote in favour of Resolution 3 (election of
Richard Adam as a Director). The
Board takes seriously its responsibility to keep in touch with
shareholder opinion and as part of this continued dialogue will
seek to engage with relevant shareholders. The Board is
confident that Richard's commercial acumen and experience from
senior roles in large and complex international companies is of
benefit to the Company.
Enquiries:
Faisal Tabbah, Head of Investor
Relations
Stuart Butchers, Group Head of Media
Silvana Glibota-Vigo, Deputy Company
Secretary
Tel: +44 (0) 20 7291 0505