Morgan Sindall Group PLC Result of AGM (2186E)

TIDMMGNS

RNS Number : 2186E

Morgan Sindall Group PLC

04 May 2017

Morgan Sindall Group plc

('the Company')

Result of AGM

4 May 2017

The Company announces the result of voting on the resolutions at its Annual General Meeting ('AGM') held on Thursday 4 May 2017, as set out in the AGM notice.

A poll was held on each of the resolutions and was passed by the required majority. Resolutions 1 to 14 were passed as ordinary resolutions, and resolutions 15 to 18 were passed as special resolutions. The results of the poll were as follows:

 
Ordinary Resolutions      Votes for       %  Votes against      %  Total votes       % of issued share  Votes withheld 
                                                                                         capital voted 
-----------------------  ----------  ------  -------------  -----  -----------  ----------------------  -------------- 
 1. To receive and 
  accept the audited 
  financial statements, 
  the strategic report 
  and the directors' 
  and auditor's, 
  reports for the year 
  ended 31 December 
  2016                   36,247,751   99.99          2,200   0.01   36,249,951                   81.08          14,394 
-----------------------  ----------  ------  -------------  -----  -----------  ----------------------  -------------- 
 2. To declare a final 
  dividend of 22 pence 
  per share              36,264,345  100.00              0   0.00   36,264,345                   81.11               0 
-----------------------  ----------  ------  -------------  -----  -----------  ----------------------  -------------- 
 3. To elect Michael 
  Findlay as a director  33,403,164   99.84         52,191   0.16   33,455,355                   74.83       2,808,990 
-----------------------  ----------  ------  -------------  -----  -----------  ----------------------  -------------- 
 4. To re-elect John 
  Morgan as a director   36,079,258   99.60        144,930   0.40   36,224,188                   81.02          40,157 
-----------------------  ----------  ------  -------------  -----  -----------  ----------------------  -------------- 
 5. To re-elect Steve 
  Crummett a director    36,101,761   99.66        122,312   0.34   36,224,073                   81.02          40,157 
-----------------------  ----------  ------  -------------  -----  -----------  ----------------------  -------------- 
 6. To re-elect Patrick 
  De Smedt as a 
  director               35,783,703   98.79        439,370   1.21   36,223,073                   81.02          41,157 
-----------------------  ----------  ------  -------------  -----  -----------  ----------------------  -------------- 
 7. To re-elect Malcolm 
  Cooper as a director   36,222,473  100.00            600   0.00   36,223,073                   81.02          41,157 
-----------------------  ----------  ------  -------------  -----  -----------  ----------------------  -------------- 
 8. To re-elect Simon 
  Gulliford as a 
  director               36,221,473  100.00          1,600   0.00   36,223,073                   81.02          41,157 
-----------------------  ----------  ------  -------------  -----  -----------  ----------------------  -------------- 
 9. To approve the 
  directors' 
  remuneration policy    28,699,357   88.28      3,811,276  11.72   32,510,633                   72.71       3,751,597 
-----------------------  ----------  ------  -------------  -----  -----------  ----------------------  -------------- 
 10. To approve the 
  directors' 
  remuneration report, 
  (other than the part 
  containing the 
  directors' 
  remuneration policy), 
  for the year ended 31 
  December 2016          35,465,005   99.25        268,513   0.75   35,733,518                   79.92         530,712 
-----------------------  ----------  ------  -------------  -----  -----------  ----------------------  -------------- 
 11. To re-appoint 
  Deloitte LLP as 
  auditor                34,238,133   94.88      1,847,411   5.12   36,085,544                   80.71         178,801 
-----------------------  ----------  ------  -------------  -----  -----------  ----------------------  -------------- 
 12. To authorise the 
  directors to 
  fix the auditor's 
  remuneration           36,256,601   99.98          6,156   0.02   36,262,757                   81.10           1,588 
-----------------------  ----------  ------  -------------  -----  -----------  ----------------------  -------------- 
 13. To authorise the 
  Company and its 
  subsidiaries to make 
  donations to 
  political 
  organisations 
  and incur political 
  expenditure            34,328,673   95.38      1,662,258   4.62   35,990,931                   80.50         272,799 
-----------------------  ----------  ------  -------------  -----  -----------  ----------------------  -------------- 
 14. To authorise the 
  directors to allot 
  shares                 36,182,657   99.88         42,024   0.12   36,224,681                   81.02          39,106 
-----------------------  ----------  ------  -------------  -----  -----------  ----------------------  -------------- 
 Special Resolutions 
-----------------------  ----------  ------  -------------  -----  -----------  ----------------------  -------------- 
 15. General authority 
  to disapply 
  pre-emption rights     36,012,389   99.31        248,433   0.69   36,260,822                   81.10           3,465 
-----------------------  ----------  ------  -------------  -----  -----------  ----------------------  -------------- 
 16. Specific authority 
  to disapply 
  pre-emption rights     35,482,658   97.86        775,907   2.14   36,258,565                   81.10           5,165 
-----------------------  ----------  ------  -------------  -----  -----------  ----------------------  -------------- 
 17. To authorise the 
  Company to purchase 
  its own shares         35,670,253   98.52        535,365   1.48   36,205,618                   80.98          58,784 
-----------------------  ----------  ------  -------------  -----  -----------  ----------------------  -------------- 
 18. To allow meetings 
  of the Company to be 
  called on 14 clear 
  days' notice           35,951,484   99.14        311,118   0.86   36,262,602                   81.10           1,743 
-----------------------  ----------  ------  -------------  -----  -----------  ----------------------  -------------- 
 

Notes:

   1.      Each shareholder present in person, or by proxy, was entitled to one vote per share held. 

2. Proxy votes which gave discretion to the Chairman of the Annual General Meeting have been included in the 'For' total of the appropriate resolution.

3. 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' any resolution nor in the calculation of the proportion of 'Total issued share capital instructed' for any resolution.

4. Votes 'For' and 'Against' any resolution are expressed as a percentage of votes validly cast for that resolution.

5. At the close of business on 2 May 2017 the total number of ordinary shares in issue, was 44,711,198 and at that time, the Company did not hold any shares in treasury.

6. The scrutineer of the poll was Computershare Investor Services PLC, the Company's Share Registrar.

The full text of the resolutions can be found in the Notice of Annual General Meeting which is available for inspection on the Company's website www.morgansindall.com. In accordance with LR 9.6.2, a copy of the resolution passed which is required to be made available for inspection has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do.

Enquiries:

Clare Sheridan [phone]

Company Secretary

This information is provided by RNS

The company news service from the London Stock Exchange

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