Law Debenture Corp PLC Result of AGM (2336C)

TIDMLWDB

RNS Number : 2336C

Law Debenture Corp PLC

11 April 2017

THE LAW DEBENTURE CORPORATION p.l.c.

Results of Proxy Voting - AGM - 11 April 2017

Ordinary shares with voting rights in issue - 118,347,456

Turnout - based on number of valid votes cast (excluding votes withheld) on resolution 4, being the resolution that attracted the highest number of votes - 33,302,687 (28.14%)

Resolution No. 1 - to receive the strategic and directors' report and the accounts for the year ended 31 December 2016

 
 
            For *                  33,252,248 
 
            Against                12,439 
 
 Percentage majority in favour     99.96% 
 
 Votes withheld **                 38,883 
 

Resolution No. 2 - to approve the directors' remuneration report for the year ended 31 December 2016

 
 
            For *                      33,036,903 
 
            Against the resolution     164,436 
 
 Percentage majority in favour         99.50% 
 
 Votes withheld **                     102,231 
 

Resolution No. 3 - to approve the directors' remuneration policy

 
 
            For *                      33,095,166 
 
            Against the resolution     111,539 
 
 Percentage majority in favour         99.66% 
 
 Votes withheld **                     96,865 
 

Resolution No. 4 - to declare a final dividend of 11.50 pence per share

 
 
            For *                      33,299,150 
 
            Against the resolution     3,537 
 
 Percentage majority in favour         99.99% 
 
 Votes withheld **                     883 
 

Resolution No.5 - to elect Michael Adams as a director

 
 
            For *                      33,287,752 
 
            Against the resolution     9,146 
 
 Percentage majority in favour         99.97% 
 
 Votes withheld **                     6,672 
 

Resolution No.6 - to re-elect Christopher Smith as a director

 
 
            For *                      33,274,909 
 
            Against the resolution     22,589 
 
 Percentage majority in favour         99.93% 
 
 Votes withheld **                     6,072 
 

Resolution No.7 - to re-elect Robert Laing as a director

 
 
            For *                      33,268,354 
 
            Against the resolution     24,144 
 
 Percentage majority in favour         99.93% 
 
 Votes withheld **                     6,072 
 

Resolution No.8 - to re-elect Mark Bridgeman as a director

 
 
            For *                      33,210,236 
 
            Against the resolution     35,598 
 
 Percentage majority in favour         99.89% 
 
 Votes withheld **                     56,736 
 

Resolution No.9 - to re-elect Tim Bond as a director

 
 
            For *                      33,221,479 
 
            Against the resolution     57,405 
 
 Percentage majority in favour         99.83% 
 
 Votes withheld **                     24,686 
 

Resolution No. 10 - to re-appoint BDO LLP as auditors

 
 
            For *                      32,979,118 
 
            Against the resolution     299,452 
 
 Percentage majority in favour         99.10% 
 
 Votes withheld **                     25,000 
 

Resolution No. 11 - general authority to allot shares

 
 
            For *                      33,002,080 
 
            Against the resolution     299,740 
 
 Percentage majority in favour         99.10% 
 
 Votes withheld **                     1,750 
 

Resolution No. 12 - disapplication of statutory pre-emption rights (Special Resolution requiring 75% majority)

 
 
            For *                      32,849,545 
 
            Against the resolution     422,150 
 
 Percentage majority in favour         98.73% 
 
 Votes withheld **                     31,875 
 

Resolution No. 13 - General authority to buy back shares (Special Resolution requiring 75% majority)

 
 
            For *                      33,019,572 
 
            Against the resolution     268,073 
 
 Percentage majority in favour         99.19% 
 
 Votes withheld **                     15,925 
 

Resolution No. 14 - authority to convene a general meeting - notice (Special Resolution requiring 75% majority)

 
 
            For *                      32,400,149 
 
            Against the resolution     862,737 
 
 Percentage majority in favour         97.41% 
 
 Votes withheld **                     40,683 
 

Notes:

* Votes "For" include any discretionary votes given to the Chairman or another named proxy.

** Votes withheld have no legal effect.

Contact: Ian Bowden 020 7696 5285

This information is provided by RNS

The company news service from the London Stock Exchange

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April 11, 2017 10:17 ET (14:17 GMT)