Beazley PLC Beazley plc - 2017 Annual General Meeting Results (5240A)

TIDMBEZ

RNS Number : 5240A

Beazley PLC

24 March 2017

Beazley plc

London, 24 March 2017

Beazley plc - 2017 Annual General Meeting Results

Beazley plc held its annual general meeting for shareholders at 2.30pm today and announces that all the resolutions were duly passed.

In accordance with Listing Rule 9.6.3, full details of the resolutions passed as special business will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.Hemscott.com/nsm.do.

For information, the results of the AGM are set out below. The total number of votes received for each resolution is set out below. The number of 5p ordinary shares in issue and the number of voting rights on 22 March 2017 was 523,353,340.

 
 Resolution   Description                    Votes            Votes        Votes 
  No.                                       in Favour         Against     Withheld 
                                        and discretionary 
-----------  -----------------------  -------------------  -----------  ----------- 
              To receive 
               the accounts 
               for the 
               financial 
               year ended 
               31 December 
               2016, together 
               with the 
               Directors' 
               report and 
               Auditor's 
 1             report thereon             401,755,926       2,386,693     125,513 
-----------  -----------------------  -------------------  -----------  ----------- 
              To approve 
               the Directors' 
               Remuneration 
               Report for 
               the financial 
               year ended 
               31 December 
 2             2016                       382,347,355       8,172,340    13,748,437 
-----------  -----------------------  -------------------  -----------  ----------- 
              To approve 
               the Remuneration 
 3             Policy                     382,443,087       21,721,581    103,464 
-----------  -----------------------  -------------------  -----------  ----------- 
              To approve 
               the payment 
               of a second 
               interim 
               dividend 
               of 7.0 pence 
               per Ordinary 
 4             Share                      404,185,056         52,734       30,342 
-----------  -----------------------  -------------------  -----------  ----------- 
              To approve 
               the payment 
               of a special 
               dividend 
               of 10.0 
               pence per 
               Ordinary 
 5             Share                      404,185,056         52,734       30,342 
-----------  -----------------------  -------------------  -----------  ----------- 
              To re-elect 
               George Blunden 
               as a Director 
 6             of the Company             402,417,799       1,446,641     403,692 
-----------  -----------------------  -------------------  -----------  ----------- 
              To re-elect 
               Martin Bride 
               as a Director 
 7             of the Company             401,542,585       2,312,855     412,692 
-----------  -----------------------  -------------------  -----------  ----------- 
              To re-elect 
               Adrian Cox 
               as a Director 
 8             of the Company             401,573,133       2,312,999     382,000 
-----------  -----------------------  -------------------  -----------  ----------- 
              To re-elect 
               Angela Crawford-Ingle 
               as a Director 
 9             of the Company             401,537,973       2,317,467     412,692 
-----------  -----------------------  -------------------  -----------  ----------- 
              To re-elect 
               Dennis Holt 
               as a Director 
 10            of the Company             402,490,422       1,053,961     723,749 
-----------  -----------------------  -------------------  -----------  ----------- 
              To re-elect 
               Andrew Horton 
               as a Director 
 11            of the Company             401,213,604       2,672,528     382,000 
-----------  -----------------------  -------------------  -----------  ----------- 
              To re-elect 
               Sir Andrew 
               Likierman 
               as a Director 
 12            of the Company             394,665,808       9,189,982     412,342 
-----------  -----------------------  -------------------  -----------  ----------- 
              To re-elect 
               Neil Maidment 
               as a Director 
 13            of the Company             401,099,056       2,754,734     414,342 
-----------  -----------------------  -------------------  -----------  ----------- 
              To re-elect 
               Clive Washbourn 
               as a Director 
 14            of the Company             401,511,330       2,344,460     412,342 
-----------  -----------------------  -------------------  -----------  ----------- 
              To re-elect 
               Catherine 
               Woods as 
               a Director 
 15            of the Company             402,648,676       1,204,764     414,692 
-----------  -----------------------  -------------------  -----------  ----------- 
              To elect 
               Christine 
               LaSala as 
               a Director 
 16            of the Company             402,649,026       1,206,764     412,342 
-----------  -----------------------  -------------------  -----------  ----------- 
              To elect 
               John Sauerland 
               as a Director 
 17            of the Company             403,390,167        465,073      412,892 
-----------  -----------------------  -------------------  -----------  ----------- 
              To elect 
               Robert Stuchbery 
               as a Director 
 18            of the Company             402,591,690       1,263,550     412,892 
-----------  -----------------------  -------------------  -----------  ----------- 
              To reappoint 
               KPMG as 
               Auditors 
 19            of the Company             393,042,812       11,194,081     31,239 
-----------  -----------------------  -------------------  -----------  ----------- 
              To authorise 
               the Directors 
               to determine 
               the Auditors' 
 20            remuneration               400,130,139       4,107,651      30,342 
-----------  -----------------------  -------------------  -----------  ----------- 
              To authorise 
               the Directors 
               to allot 
 21            shares                     396,270,689       7,593,801     403,642 
-----------  -----------------------  -------------------  -----------  ----------- 
              To disapply 
               pre-emption 
 22*           rights                     403,682,768        554,722       30,642 
-----------  -----------------------  -------------------  -----------  ----------- 
              To authorise 
               the Company 
               to make 
               market purchases 
               of Ordinary 
 23*           Shares                     394,442,919       7,953,691    1,871,522 
-----------  -----------------------  -------------------  -----------  ----------- 
              To allow 
               the Company 
               to hold 
               general 
               meetings 
               (other than 
               annual general 
               meetings) 
               on not less 
               than 14 
               clear days' 
 24*           notice                     392,751,527       11,486,063     30,542 
-----------  -----------------------  -------------------  -----------  ----------- 
 

* Special resolution

For further information, please contact:

Beazley plc

Christine Oldridge

[phone]

Note to editors:

Beazley plc (BEZ), is the parent company of specialist insurance businesses with operations in Europe, the US, Latin America, Asia, Middle East and Australia. Beazley manages six Lloyd's syndicates and, in 2016, underwrote gross premiums worldwide of $2,195.6 million. All Lloyd's syndicates are rated A by A.M. Best.

Beazley's underwriters in the United States focus on writing a range of specialist insurance products. In the admitted market, coverage is provided by Beazley Insurance Company, Inc., an A.M. Best A rated carrier licensed in all 50 states. In the surplus lines market, coverage is provided by the Beazley syndicates at Lloyd's.

Beazley is a market leader in many of its chosen lines, which include professional indemnity, property, marine, reinsurance, accident and life, and political risks and contingency business.

For more information please go to: www.beazley.com

This information is provided by RNS

The company news service from the London Stock Exchange

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March 24, 2017 12:52 ET (16:52 GMT)