Charles Stanley Group PLC AGM Statement (3240M)

TIDMCAY

RNS Number : 3240M

Charles Stanley Group PLC

27 July 2017

CHARLES STANLEY GROUP PLC

("Charles Stanley" or "the Company")

RESULT OF AGM

At the Company's Annual General Meeting held on Thursday 27(th) July 2017, all the resolutions which were set out in the Notice of Meeting circulated to shareholders on 28(th) June 2017 (the "Notice of Meeting"), were passed on a show of hands.

In accordance with Listing Rule 9.6.18 copies of all resolutions passed, other than ordinary business, will be submitted to the UK Listing Authority. Copies will be available at the National Storage Mechanism at www.hemscott.com/nsm.do.

DIRECTORATE CHANGE

David Pusinelli

As announced on 13(th) June 2017, following the AGM, David Pusinelli has now retired from the Board and of Charles Stanley & Co Limited, the Company's principal operating company.

Andrew Didham

Andrew Didham has now taken over the role of Senior Independent Director from David Pusinelli.

PROXY APPOINTMENT DISCLOSURE

The Annual General Meeting of Charles Stanley Group PLC was held on 27 July 2017

As at the date of the AGM the total number of shares in issue was 50,692,548. Proxy appointments were received from shareholders of 43,271,106 ordinary shares amounting to 85.4% of the issued share capital.

For resolutions decided on a show of hands, the following levels of proxy appointments and associated instructions were received prior to the meeting:

 
 Res No:               FOR*                  AGAINST            Total        % of   Votes 
                                                                 Votes        ISC    Withheld 
--------------------  --------------------  -----------------  -----------  -----  ---------- 
                       No of        % of     No of     % of 
                        Shares       total    Shares    total 
--------------------  -----------  -------  --------  -------  -----------  -----  ---------- 
 Resolution 
  1 Adoption 
  of Annual 
  Report 
  and Accounts         43,267,937   99.99    285       0.01     43,268,222   85.4   2,884 
--------------------  -----------  -------  --------  -------  -----------  -----  ---------- 
 Resolution 
  2 Declaration 
  of Dividend          43,268,577   99.99    1,584     0.01     43,270,141   85.4   965 
--------------------  -----------  -------  --------  -------  -----------  -----  ---------- 
 Resolution 
  3 Approval 
  of the 
  Directors' 
  Remuneration 
  Report               43,252,384   99.99    6,369     0.01     43,258,753   85.3   12,353 
--------------------  -----------  -------  --------  -------  -----------  -----  ---------- 
 Resolution 
  4 Re-election 
  of Sir 
  David Howard 
  Bt.                  43,261,181   100      0         0        43,261,181   85.3   9,925 
--------------------  -----------  -------  --------  -------  -----------  -----  ---------- 
 Resolution 
  5 
  Re-election 
  of Paul 
  Abberley             43,246,271   99.96    16,225    0.04     43,262,496   85.3   8,610 
--------------------  -----------  -------  --------  -------  -----------  -----  ---------- 
 Resolution 
  6 Re-election 
  of Benjamin 
  Money-Coutts         43,246,222   99.95    22,301    0.05     43,268,523   85.4   2,583 
--------------------  -----------  -------  --------  -------  -----------  -----  ---------- 
 Resolution 
  7 Re-election 
  of Gary 
  Teper                43,266,790   99.99    2,816     0.01     43,269,606   85.4   1,500 
--------------------  -----------  -------  --------  -------  -----------  -----  ---------- 
 Resolution 
  8 Re-election 
  of Bridget 
  Guerin               43,261,400   99.99    1,676     0.01     43,263,076   85.3   8,030 
--------------------  -----------  -------  --------  -------  -----------  -----  ---------- 
 Resolution 
  9 
  Re-election 
  of Andrew 
  Didham               43,262,983   99.99    1,676     0.01     43,264,659   85.3   6,447 
--------------------  -----------  -------  --------  -------  -----------  -----  ---------- 
 Resolution 
  10 Re-appointment 
  of KPMG 
  LLP as 
  Auditor              43,263,275   99.99    2,612     0.01     43,265,887   85.3   5,219 
--------------------  -----------  -------  --------  -------  -----------  -----  ---------- 
 Resolution 
  11 
  Authorise 
  the Directors 
  to determine 
  the remuneration 
  of the 
  Auditors             43,270,141   100      0         0        43,270,141   85.4   965 
--------------------  -----------  -------  --------  -------  -----------  -----  ---------- 
 Resolution 
  12 
  Renewal 
  of authority 
  to allot 
  shares               43,256,126   99.99    3,676     0.01     43,259,802   85.3   11,304 
--------------------  -----------  -------  --------  -------  -----------  -----  ---------- 
 Resolution 
  13 
  Disapplication 
  of pre-emption 
  rights               43,254,323   99.99    3,432     0.01     43,254,755   85.3   13,321 
--------------------  -----------  -------  --------  -------  -----------  -----  ---------- 
 Resolution 
  14 
  Disapplication 
  of pre-emption 
  rights               43,250,090   99.99    4,382     0.01     43,254,472   85.3   16,634 
--------------------  -----------  -------  --------  -------  -----------  -----  ---------- 
 Resolution 
  15 
  14 clear 
  days' notice 
  for general 
  meetings             43,256,184   99.99    4,230     0.01     43,260,414   85.3   10,692 
--------------------  -----------  -------  --------  -------  -----------  -----  ---------- 
 

VOTES OF INDEPENDENT SHAREHOLDERS ON THE RESOLUTIONS CONCERNING THE RE-ELECTION OF THE INDEPDENT NON-EXECUTIVE DIRECTORS

As at the date of the AGM the total number of shares in issue was 50,692,548. Proxy appointments were received from independent shareholders of 22, 640,012 ordinary shares amounting to 44.7% of the issued share capital.

 
 Res No:           FOR*                  AGAINST            Total        % of   Votes 
                                                             Votes        ISC    Withheld 
----------------  --------------------  -----------------  -----------  -----  ---------- 
                   No of        % of     No of     % of 
                    Shares       total    Shares    total 
----------------  -----------  -------  --------  -------  -----------  -----  ---------- 
 Resolution 
  8 Re-election 
  of 
  Bridget 
  Guerin           22,638,336   99.99    1,676     0.01     22,640,012   44.7   8,030 
----------------  -----------  -------  --------  -------  -----------  -----  ---------- 
 Resolution 
  9 
  Re-election 
  of Andrew 
  Didham           22,639,919   99.99    1,676     0.01     22,640,012   44.7   6,447 
----------------  -----------  -------  --------  -------  -----------  -----  ---------- 
 

*Includes discretionary votes

** A vote withheld is not a vote in law and, therefore cannot be counted in the calculation of the proportion of votes for and against a resolution.

For further information, please contact:

 
 Charles         Canaccord           Peel Hunt       Redleaf Communications 
  Stanley         Genuity             Guy Wiehahn     Charlie Geller 
  Joanne          Andrew Buchanan     020 7418        020 7382 4730 
  Higginson       020 7523            8893            [e-mail] 
  PR Manager      4661 
  Via Redleaf 
 

Notes to editors:

Charles Stanley traces its origins back directly to 1792 and is one of the oldest firms on the London Stock Exchange. Charles Stanley today provides holistic wealth management services to private clients, charities and smaller institutions. These are delivered by over 400 professionals located in 24 offices throughout the UK, both direct to clients and to intermediaries. Our services include investment portfolio management and financial planning, supported by in-house administration to enhance the quality of service provided. In addition, Charles Stanley Direct provides an award winning direct to customer execution-only dealing platform for equities and funds.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 27, 2017 09:07 ET (13:07 GMT)