TIDMOTB

RNS Number : 9138V

On the Beach Group PLC

02 February 2017

2 February 2017

On the Beach Group plc (the "Company")

Result of Annual General Meeting

The Board of the Company announces that at its Annual General Meeting ("AGM") held today, 2 February 2017, all the Resolutions set out in the notice of the AGM were duly passed by the requisite majority of votes by shareholders by way of poll. The results of the poll for each Resolution were as follows:

 
 Resolution                      For          %       Against   %      Withheld 
------------------------------  -----------  ------  --------  -----  --------- 
 Resolution 1: Ordinary 
  Resolution to receive 
  the annual accounts 
  of the Company for the 
  year ended 30 September 
  2016 together with the 
  directors' and auditor's 
  reports thereon.               94,122,903   100     0         0      0 
------------------------------  -----------  ------  --------  -----  --------- 
 Resolution 2: Ordinary 
  Resolution to approve 
  the directors' remuneration 
  report the year ended 
  30 September 2016              94,110,445   99.99   12,458    0.01   0 
------------------------------  -----------  ------  --------  -----  --------- 
 Resolution 3: Ordinary 
  Resolution to declare 
  a final dividend of 
  2.2 pence per ordinary 
  share in respect of 
  the year ended 30 September 
  2016                           94,122,903   100     0         0      0 
------------------------------  -----------  ------  --------  -----  --------- 
 Resolution 4: Ordinary 
  Resolution to appoint 
  Paul Meehan as a director 
  of the Company                 94,118,122   99.99   4,781     0.01   0 
------------------------------  -----------  ------  --------  -----  --------- 
 Resolution 5: Ordinary 
  Resolution to reappoint 
  Simon Cooper as a director 
  of the Company                 94,118,122   99.99   4,781     0.01   0 
------------------------------  -----------  ------  --------  -----  --------- 
 Resolution 6: Ordinary 
  Resolution to reappoint 
  Richard Segal as a director 
  of the Company                 94,122,903   100     0         0      0 
------------------------------  -----------  ------  --------  -----  --------- 
 Resolution 7: Ordinary 
  Resolution to reappoint 
  Lee Ginsberg as a director 
  of the Company                 93,607,839   99.47   499,074   0.53   15,990 
------------------------------  -----------  ------  --------  -----  --------- 
 Resolution 8: Ordinary 
  Resolution to reappoint 
  David Kelly as a director 
  of the Company                 94,099,076   99.99   7,837     0.01   15,990 
------------------------------  -----------  ------  --------  -----  --------- 
 Resolution 9: Ordinary 
  Resolution to reappoint 
  KPMG LLP as auditors 
  to the Company for the 
  period from the conclusion 
  of this meeting to the 
  conclusion of the next 
  general meeting of the 
  Company at which the 
  accounts are laid.             94,094,295   99.97   28,608    0.03   0 
------------------------------  -----------  ------  --------  -----  --------- 
 Resolution 10: Ordinary 
  Resolution to authorise 
  the directors to determine 
  the auditor's remuneration.    94,122,903   100     0         0      0 
------------------------------  -----------  ------  --------  -----  --------- 
 Resolution 11: Ordinary 
  Resolution to approve 
  the On the Beach Group 
  plc Save as You Earn 
  Plan                           94,122,797   100     106       0      0 
------------------------------  -----------  ------  --------  -----  --------- 
 Resolution 12: Ordinary 
  Resolution to authorise 
  the allotment of shares        93,709,904   99.56   412,999   0.44   0 
------------------------------  -----------  ------  --------  -----  --------- 
 Resolution 13: Special 
  Resolution to disapply 
  statutory pre-emption 
  rights                         94,117,903   99.99   5,000     0.01   0 
------------------------------  -----------  ------  --------  -----  --------- 
 Resolution 14: Special 
  Resolution to authorise 
  the purchase of own 
  shares                         94,106,913   99.98   15,990    0.02   0 
------------------------------  -----------  ------  --------  -----  ---------

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' any resolution.

The Company's total ordinary shares in issue (total voting rights) as at 2 February 2017 was 130,434,763 of ordinary shares of GBP0.01 each. Ordinary shareholders are entitled to one vote per ordinary share held.

In accordance with paragraph 9.6.2 of the LSE Listing Rules, a copy of the resolutions passed at the AGM has been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.

The complete poll results (inclusive of proxy votes lodged before the AGM) will be available shortly on the Company's website at: http://www.onthebeachgroupplc.com.

For further information:

 
 On the Beach Group plc           c/o FTI Consulting 
  Simon Cooper, Chief Executive 
  Officer 
  Paul Meehan, Chief Financial 
  Officer 
  Kirsteen Vickerstaff, Company 
  Secretary 
 FTI Consulting                   Tel: +44 (0)20 3727 
  Jonathon Brill                   1000 
  Alex Beagley 
  Fiona Walker

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

February 02, 2017 10:43 ET (15:43 GMT)

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