Phoenix Spree Deutschland Limited Result of AGM & EGM (2035J)

TIDMPSDL

RNS Number : 2035J

Phoenix Spree Deutschland Limited

26 June 2017

26 June 2017

Phoenix Spree Deutschland Limited

(the "Company")

RESULTS OF ANNUAL GENERAL MEETING (AGM) AND EXTRAORDINARY GENERAL MEETING (EGM)

The Board of Phoenix Spree Deutschland is pleased to announce that at the AGM and at the EGM held today, Monday 26 June 2017 at 10:00 am (for the AGM) and at 10:15 am (for the EGM), all the Resolutions as set out in the Notices of Meetings were passed by the requisite majority.

In accordance with Listing Rule 9.6.2, full details of the resolutions passed as special business will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.Hemscott/nsm.do.

For information, details of the proxy votes received in respect of the Resolutions are set out below:

 
 AGM Resolutions                Votes For/Discretionary   % of    Against     %       Withheld 
                                                           Vote                of 
                                                                               Vote 
-----------------------------  ------------------------  ------  ----------  ------  ---------- 
 Ordinary Resolution 
  1 
  To receive the reports 
  of the directors and 
  the financial statements 
  for the year end 31 
  December 2016, together 
  with the report of 
  the auditors                  45,849,695                100     0           0       0 
-----------------------------  ------------------------  ------  ----------  ------  ---------- 
 Ordinary Resolution 
  2 
  To approve the Directors' 
  Remuneration Report           45,849,695                100     0           0       0 
-----------------------------  ------------------------  ------  ----------  ------  ---------- 
 Ordinary Resolution 
  3 
  To declare a final 
  dividend of EUR4.3 
  cents (GBP: 3.7p) 
  per share                     45,849,695                100     0           0       0 
-----------------------------  ------------------------  ------  ----------  ------  ---------- 
 Ordinary Resolution 
  4 
  To re-elect Richard 
  Prosser as a director         41,468,072                90.56   4,324,129   9.44    57,494 
-----------------------------  ------------------------  ------  ----------  ------  ---------- 
 Ordinary Resolution 
  5 
  To re-elect Matthew 
  Northover as a director       41,468,072                90.56   4,324,129   9.44    57,494 
-----------------------------  ------------------------  ------  ----------  ------  ---------- 
 Ordinary Resolution 
  6 
  To re-elect Quentin 
  Spicer as a director          45,849,695                100     0           0       0 
-----------------------------  ------------------------  ------  ----------  ------  ---------- 
 Ordinary Resolution 
  7 
  To re-elect Andrew 
  Weaver as a director          43,699,248                95.55   2,036,413   4.45    57,494 
-----------------------------  ------------------------  ------  ----------  ------  ---------- 
 Ordinary Resolution 
  8 
  To resolve that RSM 
  UK Audit LLP be, and 
  is hereby, appointed 
  auditors of the Company 
  to hold office until 
  the conclusion of 
  the next general meeting 
  at which accounts 
  are laid before the 
  Company                       45,849,695                100     0           0       0 
-----------------------------  ------------------------  ------  ----------  ------  ---------- 
 Ordinary Resolution 
  9 
  To resolve that the 
  Audit and Risk Committee 
  determine the remuneration 
  of the auditors on 
  behalf of the Board           45,849,695                100     0           0       0 
-----------------------------  ------------------------  ------  ----------  ------  ---------- 
 Special Resolution 
  10 
  To resolve that the 
  Company be authorised 
  to make market purchases 
  of its shares                 45,340,659                99.98   9,036       0.02    0 
-----------------------------  ------------------------  ------  ----------  ------  ---------- 
 AGM Resolutions                Votes For/Discretionary   % of    Against     %       Withheld 
                                                           Vote                of 
                                                                               Vote 
-----------------------------  ------------------------  ------  ----------  ------  ---------- 
 Special Resolution 
  11 
  To authorise the Directors 
  to issue shares for 
  cash as if the members' 
  pre-emption rights 
  contained in the Articles 
  of Association did 
  not apply to any such 
  issue                         42,547,132                99.44   237,563     0.56    2,565,000 
-----------------------------  ------------------------  ------  ----------  ------  ---------- 
 
 
 EGM Resolutions                 Votes For/Discretionary   % of    Against   %       Withheld 
                                                            Vote              of 
                                                                              Vote 
------------------------------  ------------------------  ------  --------  ------  --------- 
 Ordinary Resolution 
  1 
  THAT the proposed 
  investment policy 
  set out in the circular 
  to shareholders of 
  the Company dated 
  31 May 2017, a copy 
  of which will be initialled 
  for the purpose of 
  identification by 
  the Chairman of the 
  meeting, be and is 
  hereby adopted as 
  the investment policy 
  of the Company to 
  the exclusion of the 
  existing investment 
  policy of the Company          45,891,000                99.97   15,000    0.03    57,494 
------------------------------  ------------------------  ------  --------  ------  --------- 
 

Notes

1 Any proxy appointments which gave discretion to the Chairman or a third party have been included in the 'votes for' total

   2      Percentage of votes cast excludes withheld votes 

Ends

For further information, please contact:

 
Phoenix Spree Deutschland 
 Stuart Young                         [phone] 
Estera Secretaries (Jersey) Limited 
 Company Secretary                    [phone] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 26, 2017 11:33 ET (15:33 GMT)