Caledonia Investments PLC Result of AGM (8860E)

TIDMCLDN

RNS Number : 8860E

Caledonia Investments PLC

21 July 2016

Caledonia Investments plc: Result of Annual General Meeting

Caledonia Investments plc (the "Company") is pleased to announce that all of the resolutions proposed at its annual general meeting held on 21 July 2016 were duly passed. Resolutions 8, 9, 10, 11, and 12, relating to the re-election of independent directors, were passed by separate majorities of all shareholders and of those shareholders who are independent of the Cayzer family concert party, the members of which are regarded as controlling shareholders for the purposes of the Listing Rules.

The following table indicates the number of valid proxy votes lodged in advance of the meeting for each of the resolutions. It should be noted that votes withheld do not constitute votes in law and therefore are not counted in the number of votes for or against any resolution.

 
 Resolution                 In favour             Against             Withheld    Total 
                                                                                   lodged 
-------------------------  --------------------  ------------------  ----------  ----------- 
 No                         No.          %        No.         %       No.         No. 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To receive 
       and adopt 
       the annual 
       report 
       and accounts 
       for the 
       year ended 
       31 March 
 1     2016                 36,571,674   99.73    98,573      0.27    0           36,670,247 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To approve 
       the directors' 
       remuneration 
       report 
       for the 
       year ended 
       31 March 
       2016 (other 
       than the 
       directors' 
       remuneration 
 2     policy)              35,705,029   97.56    891,670     2.44    73,548      36,670,247 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To re-elect 
       Mr R D 
       Kent a 
 3     director             36,621,643   99.87    47,310      0.13    1,294       36,670,247 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To re-elect 
       Mr W P 
       Wyatt a 
 4     director             36,530,696   99.73    97,209      0.27    42,342      36,670,247 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To re-elect 
       Mr S A 
       King a 
 5     director             36,627,905   100.00   0           0.00    42,342      36,670,247 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To re-elect 
       Mr J M 
       B Cayzer-Colvin 
 6     a director           36,628,280   100.00   0           0.00    41,967      36,670,247 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To re-elect 
       The Hon 
       C W Cayzer 
 7     a director           36,529,330   99.73    98,950      0.27    41,967      36,670,247 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To re-elect 
       Mr H Y 
       H Boël 
       a director 
 8     (all shareholders)   32,539,441   92.43    2,665,546   7.57    1,465,260   36,670,247 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To re-elect 
       Mr H Y 
       H Boël 
       a director 
       (independent 
 8     shareholders)        7,236,713    73.08    2,665,546   26.92   1,465,260   11,367,519 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To re-elect 
       Mr S J 
       Bridges 
       a director 
 9     (all shareholders)   36,665,037   99.99    3,343       0.01    1,867       36,670,247 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To re-elect 
       Mr S J 
       Bridges 
       a director 
       (independent 
 9     shareholders)        11,362,309   99.97    3,343       0.03    1,867       11,367,519 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To re-elect 
       Mr C H 
       Gregson 
       a director 
 10    (all shareholders)   36,655,780   99.97    12,600      0.03    1,867       36,670,247 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To re-elect 
       Mr C H 
       Gregson 
       a director 
       (independent 
 10    shareholders)        11,353,052   99.89    12,600      0.11    1,867       11,367,519 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To re-elect 
       Mrs S C 
       R Jemmett-Page 
       a director 
 11    (all shareholders)   36,661,333   99.98    7,700       0.02    1,214       36,670,247 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To re-elect 
       Mrs S C 
       R Jemmett-Page 
       a director 
       (independent 
 11    shareholders)        11,358,605   99.93    7,700       0.07    1,214       11,367,519 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To re-elect 
       Mr D C 
       Stewart 
       a director 
 12    (all shareholders)   36,661,153   99.98    7,500       0.02    1,594       36,670,247 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To re-elect 
       Mr D C 
       Stewart 
       a director 
       (independent 
 12    shareholders)        11,358,425   99.93    7,500       0.07    1,594       11,367,519 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To re-appoint 
       KPMG LLP 
 13    as auditor           36,626,688   99.88    43,559      0.12    0           36,670,247 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To authorise 
       the directors 
       to agree 
       the auditor's 
 14    remuneration         35,835,248   97.72    834,649     2.28    350         36,670,247 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To grant 
       the Company 
       authority 
       to make 
       market 
       purchases 
       of its 
 15    own shares           36,663,457   99.98    5,935       0.02    855         36,670,247 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To approve 
       the waiver 
       of the 
       mandatory 
       offer provisions 
       set out 
       in Rule 
       9 of the 
       City Code 
       on Takeovers 
       and Mergers 
       in relation 
       to the 
       Cayzer 
       Concert 
 16    Party*               6,713,095    59.79    4,515,269   40.21   139,155     11,367,519 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To authorise 
       the allotment 
       of unissued 
 17    shares               36,662,797   99.98    5,700       0.02    1,750       36,670,247 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To authorise 
       the allotment 
       of shares 
       on a non 
       pre-emptive 
 18    basis                36,646,801   99.96    15,596      0.04    7,850       36,670,247 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
      To authorise 
       the convening 
       of general 
       meetings 
       (other 
       than annual 
       general 
       meetings) 
       on not 
       less than 
       14 clear 
 19    days' notice         36,133,995   98.54    536,251     1.46    0           36,670,246 
---  --------------------  -----------  -------  ----------  ------  ----------  ----------- 
 

*As required by the City Code on Takeovers and Mergers, the Cayzer family concert party did not vote on this resolution.

Each of the resolutions was voted on by way of a show of hands, other than resolution 16 which was voted on by way of a poll. The numbers of votes cast at the meeting on resolution 16 were 6,707,832 in favour and 4,515,269 against.

At the date of the annual general meeting there were 55,381,017 ordinary shares with voting rights in issue. No shares are held in treasury.

In accordance with Listing Rule 9.6.2R, copies of resolutions 15 to 19, being the resolutions passed as special business at the annual general meeting, have been submitted to the National Storage Mechanism and will shortly be available at: www.Hemscott.com/nsm.do.

Enquiries:

G P Denison,

Company Secretary

Tel: [phone]

21 July 2016

END

All of the resolutions proposed at the annual general meeting are also set out in the circular to shareholders incorporating the notice of the 2016 annual general meeting available on Caledonia's website at www.caledonia.com.

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 21, 2016 07:59 ET (11:59 GMT)