Marston's PLC Result of AGM (1604N)

TIDMMARS

RNS Number : 1604N

Marston's PLC

27 January 2016

Result of AGM

27 January 2016

Marston's PLC (the "Company") is pleased to announce that, at its Annual General Meeting held on 26 January 2016, all the resolutions proposed in the Notice of Meeting were passed on a poll. Full details of the total number of votes received for each resolution are set out below and will also be made available on the Company's website: www.marstons.co.uk

A copy of the resolutions passed at the AGM that the Company considers to be non-routine business will be submitted to the UK Listing Authority's National Storage Mechanism and will be available to view at www.hemscott.com/nsm.do

 
     Resolution        Votes for     % of      Votes       % of      Total       Total     Votes withheld 
                                     votes     against     votes      votes       votes 
                                     cast                  cast       cast        cast 
                                                                                  as a 
                                                                                  % of 
                                                                                 issued 
                                                                                  share 
                                                                                 capital 
--------------------  -----------  -------  -----------  -------  -----------  ---------  --------------- 
 1) Annual 
  Report and 
  Accounts             89,616,641   99.86%      125,846    0.14%   89,742,487     52.70%        1,011,633 
--------------------  -----------  -------  -----------  -------  -----------  ---------  --------------- 
 2) Declare 
  a final dividend     89,765,078   99.99%        4,553    0.01%   89,769,631     52.72%          984,490 
--------------------  -----------  -------  -----------  -------  -----------  ---------  --------------- 
 3) Re-elect 
  Andrew Andrea        89,448,492   99.67%      294,725    0.33%   89,743,217     52.70%        1,010,901 
--------------------  -----------  -------  -----------  -------  -----------  ---------  --------------- 
 4) Re-elect 
  Nicholas 
  Backhouse            89,625,611   99.87%      116,612    0.13%   89,742,223     52.70%        1,011,602 
--------------------  -----------  -------  -----------  -------  -----------  ---------  --------------- 
 5) Re-elect 
  Carolyn Bradley      89,610,816   99.85%      130,134    0.15%   89,740,950     52.70%        1,013,169 
--------------------  -----------  -------  -----------  -------  -----------  ---------  --------------- 
 6) Re-elect 
  Peter Dalzell        89,529,700   99.80%      175,687    0.20%   89,705,387     52.68%        1,048,732 
--------------------  -----------  -------  -----------  -------  -----------  ---------  --------------- 
 7) Re-elect 
  Roger Devlin         89,402,715   99.63%      332,490    0.37%   89,735,205     52.70%        1,018,914 
--------------------  -----------  -------  -----------  -------  -----------  ---------  --------------- 
 8) Re-elect 
  Ralph Findlay        86,315,834   96.18%    3,425,436    3.82%   89,741,270     52.70%        1,012,847 
--------------------  -----------  -------  -----------  -------  -----------  ---------  --------------- 
 9) Re-elect 
  Catherine 
  Glickman             89,600,720   99.85%      138,834    0.15%   89,739,554     52.70%        1,014,565 
--------------------  -----------  -------  -----------  -------  -----------  ---------  --------------- 
 10) Re-elect 
  Neil Goulden         88,708,465   99.76%      209,579    0.24%   88,918,044     52.22%        1,836,074 
--------------------  -----------  -------  -----------  -------  -----------  ---------  --------------- 
 11) Re-elect 
  Robin Rowland        89,623,393   99.87%      118,143    0.13%   89,741,536     52.70%        1,012,584 
--------------------  -----------  -------  -----------  -------  -----------  ---------  --------------- 
 12) Re-appoint 
  Auditors             89,661,734   99.90%       92,001    0.10%   89,753,735     52.71%        1,000,384 
--------------------  -----------  -------  -----------  -------  -----------  ---------  --------------- 
 13) Authorise 
  Auditors' 
  remuneration         89,644,290   99.88%      103,475    0.12%   89,747,765     52.70%        1,006,355 
--------------------  -----------  -------  -----------  -------  -----------  ---------  --------------- 
 14) Approve 
  the Annual 
  Report on 
  Remuneration         86,080,535   99.34%      568,252    0.66%   86,648,787     50.88%        4,105,331 
--------------------  -----------  -------  -----------  -------  -----------  ---------  --------------- 
 15) Authority 
  to allot 
  shares               89,222,541   99.56%      391,784    0.44%   89,614,325     52.62%        1,139,792 
--------------------  -----------  -------  -----------  -------  -----------  ---------  --------------- 
 16) Disapplication 
  of pre-emption 
  rights               68,658,393   79.72%   17,471,090   20.28%   86,129,483     50.58%        4,624,633 
--------------------  -----------  -------  -----------  -------  -----------  ---------  --------------- 
 17) Authority 
  to purchase 
  of own shares        89,587,553   99.82%      161,127    0.18%   89,748,680     52.70%        1,005,440 
--------------------  -----------  -------  -----------  -------  -----------  ---------  --------------- 
 18) Short 
  notice of 
  general meetings     80,904,803   90.14%    8,848,381    9.86%   89,753,184     52.71%        1,000,928 
--------------------  -----------  -------  -----------  -------  -----------  ---------  --------------- 
 

Notes:

(i) Resolutions 1 to 15 were ordinary resolutions, requiring more than 50% of shareholder votes to be 'for' the resolutions.

(ii) Resolutions 16 to 18 were special resolutions, requiring not less than 75% of shareholder votes to be 'for' the resolutions.

(iii) Any proxy appointments which gave discretion to the Chairman have been included in the 'for' total.

(iv) A 'vote withheld' is not a vote in law and is not counted in the calculation of the proportion of the votes 'for' and 'against' a resolution.

The Board of Directors notes the significant minority vote against Resolution 16 and intends to further engage with the Company's major shareholders to better understand the reasons behind the vote result.

This information is provided by RNS

The company news service from the London Stock Exchange

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January 27, 2016 05:56 ET (10:56 GMT)