Grainger PLC Result of AGM (3780W)

TIDMGRI

RNS Number : 3780W

Grainger PLC

08 February 2017

8 February 2017

Grainger plc ("Grainger"/ the "Company")

Result of AGM

At the one hundred and fourth Annual General Meeting of Grainger plc held on Wednesday 8 February 2017, the following resolutions set out in the Notice of Meeting dated 6 January 2017 were passed by Shareholders on a show of hands. Proxies were received by the Company from Shareholders in advance of the Annual General Meeting as follows (* special resolutions):

 
       Resolutions                  Votes        %        Votes         %                       Votes 
                                     for         For      against     Against     Total        withheld 
                                                                                  votes 
---  -------------------------  ------------  -------  -----------  ---------  ------------  ----------- 
      To approve and 
       adopt the directors' 
       report and the 
       audited financial 
       statements for 
       the year ended 
       30 September 
 1     2016                      310,003,578   99.9%     203,219       0.1%     310,206,797    129,931 
---  -------------------------  ------------  -------  -----------  ---------  ------------  ----------- 
      To approve the 
       Directors' remuneration 
       report for the 
       year ended 30 
 2     September 2016            288,285,863   98.6%    4,033,378      1.4%     292,319,241   18,017,487 
---  -------------------------  ------------  -------  -----------  ---------  ------------  ----------- 
      To declare a 
 3     dividend                  310,335,728   100.0%       0          0.0%     310,335,728     1,000 
---  -------------------------  ------------  -------  -----------  ---------  ------------  ----------- 
      To re-elect Nick 
 4     Jopling                   310,068,693   99.9%     268,035       0.1%     310,336,728       0 
---  -------------------------  ------------  -------  -----------  ---------  ------------  ----------- 
      To re-elect Belinda 
 5     Richards                  310,116,417   99.9%     220,311       0.1%     310,336,728       0 
---  -------------------------  ------------  -------  -----------  ---------  ------------  ----------- 
      To re-elect Tony 
 6     Wray                      310,120,740   99.9%     215,988       0.1%     310,336,728       0 
---  -------------------------  ------------  -------  -----------  ---------  ------------  ----------- 
      To re-elect Andrew 
 7     Carr-Locke                309,780,346   99.8%     556,382       0.2%     310,336,728       0 
---  -------------------------  ------------  -------  -----------  ---------  ------------  ----------- 
      To re-elect Helen 
 8     Gordon                    310,047,373   99.9%     289,355       0.1%     310,336,728       0 
---  -------------------------  ------------  -------  -----------  ---------  ------------  ----------- 
      To re-elect Rob 
 9     Wilkinson                 310,112,040   99.9%     215,688       0.1%     310,327,728     9,000 
---  -------------------------  ------------  -------  -----------  ---------  ------------  ----------- 
      To elect Vanessa 
 10    Simms                     310,042,424   99.9%     293,578       0.1%     310,336,002      726 
---  -------------------------  ------------  -------  -----------  ---------  ------------  ----------- 
      To approve the 
       Directors' remuneration 
 11    policy                    288,973,671   98.9%    3,334,753      1.1%     292,308,424   18,028,304 
---  -------------------------  ------------  -------  -----------  ---------  ------------  ----------- 
      To approve the 
       2017 Long Term 
 12    Incentive Plan            288,722,893   97.3%    7,883,890      2.7%     296,606,783   13,729,945 
---  -------------------------  ------------  -------  -----------  ---------  ------------  ----------- 
      To approve the 
 13    2017 SAYE scheme          309,855,965   99.8%     477,890       0.2%     310,333,855     2,873 
---  -------------------------  ------------  -------  -----------  ---------  ------------  ----------- 
      To reappoint 
       KPMG LLP as auditors 
 14    of the Company            305,130,938   99.8%     637,418       0.2%     305,768,356   4,568,372 
---  -------------------------  ------------  -------  -----------  ---------  ------------  ----------- 
      To authorise 
       the directors 
       to determine 
       the remuneration 
 15    of the auditors           310,331,286   100.0%     5,442        0.0%     310,336,728       0 
---  -------------------------  ------------  -------  -----------  ---------  ------------  ----------- 
      To authorise 
       the directors 
 16    to allot shares           296,539,476   95.6%    13,792,755     4.4%     310,332,231     4,497 
---  -------------------------  ------------  -------  -----------  ---------  ------------  ----------- 
      To authorise 
       the directors 
       to issue shares 
 17    for cash*                 309,498,131   99.7%     824,100       0.3%     310,322,231     14,497 
---  -------------------------  ------------  -------  -----------  ---------  ------------  ----------- 
      To authorise 
       the directors 
       to issue shares 
       for cash in relation 
       to the acquisition 
       or other capital 
 18    investment *              286,574,219   92.4%    23,695,961     7.6%     310,270,180     66,548 
---  -------------------------  ------------  -------  -----------  ---------  ------------  ----------- 
      To authorise 
       the Company to 
       purchase own 
 19    shares*                   304,835,625   98.2%    5,491,103      1.8%     310,326,728     10,000 
---  -------------------------  ------------  -------  -----------  ---------  ------------  ----------- 
      To reduce the 
       notice period 
       for general meetings 
       (other than an 
       Annual General 
       Meeting) to not 
       less than 14 
 20    clear days' notice.*      287,739,328   92.7%    22,597,400     7.3%     310,336,728       0 
---  -------------------------  ------------  -------  -----------  ---------  ------------  ----------- 
      To authorise 
       political donations 
       up to GBP50,000 
 21    in aggregate              307,511,585   99.1%    2,780,179      0.9%     310,291,764     44,964 
---  -------------------------  ------------  -------  -----------  ---------  ------------  ----------- 
 

As at the date of the Annual General Meeting, there were 416,920,383 ordinary shares of 5p each in issue (excluding treasury shares).

In accordance with Listing Rule 9.6.2 copies of all the resolutions passed, other than ordinary business, will be submitted to the UK Listing Authority and will be available for inspection via the National Storage Mechanism website at http://morningstar.co.uk/uk/nsm and also via the Company's website at http://www.graingerplc.co.uk/.

Adam McGhin

Group General Counsel and Company Secretary

This information is provided by RNS

The company news service from the London Stock Exchange

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February 08, 2017 11:00 ET (16:00 GMT)