Renishaw PLC Result of AGM (4932M)

TIDMRSW

RNS Number : 4932M

Renishaw PLC

13 October 2016

Renishaw plc

Results of AGM

All resolutions proposed at the Annual General Meeting held on 13 October 2016 were duly passed on a poll. Resolutions 1 to 14 were passed as ordinary resolutions and resolution 15 was passed as a special resolution. The result of the poll is as follows:

 
         Resolution             Votes        %        Votes        %       Votes        Votes         % of 
                                  For                 Against               Total      Withheld*      Issued 
                                                                                                      Share 
                                                                                                     Capital 
                                                                                                      Voted 
                                                                                                    (Including 
                                                                                                    Withheld) 
---------------------------  -----------  -------  -----------  ------  -----------  -----------  ------------ 
 1. Receive the 
  reports of directors 
  and financial statements    60,206,070    97.77    1,373,506    2.23   61,579,576        1,537        84.60% 
---------------------------  -----------  -------  -----------  ------  -----------  -----------  ------------ 
 2. Approve the 
  remuneration report         60,194,113    97.97    1,249,698    2.03   61,443,811      137,302        84.60% 
---------------------------  -----------  -------  -----------  ------  -----------  -----------  ------------ 
 3. Declare the 
  final dividend              61,579,363   100.00        1,750    0.00   61,581,113            0        84.60% 
---------------------------  -----------  -------  -----------  ------  -----------  -----------  ------------ 
 4. Re-elect David 
  McMurtry as a director      48,225,890    80.17   11,927,956   19.83   60,153,846    1,427,267        84.60% 
---------------------------  -----------  -------  -----------  ------  -----------  -----------  ------------ 
 5. Re-elect John 
  Deer as a director          50,122,179    83.72    9,748,125   16.28   59,870,304    1,710,809        84.60% 
---------------------------  -----------  -------  -----------  ------  -----------  -----------  ------------ 
 6. Re-elect Allen 
  Roberts as a director       60,624,907    98.46      949,169    1.54   61,574,076        7,037        84.60% 
---------------------------  -----------  -------  -----------  ------  -----------  -----------  ------------ 
 7. Re-elect Geoff 
  McFarland as a 
  director                    60,709,961    98.60      864,615    1.40   61,574,576        6,537        84.60% 
---------------------------  -----------  -------  -----------  ------  -----------  -----------  ------------ 
 8. Re-elect David 
  Grant as a director         60,736,361    98.65      830,700    1.35   61,567,061       14,052        84.60% 
---------------------------  -----------  -------  -----------  ------  -----------  -----------  ------------ 
 9. Re-elect Carol 
  Chesney as a director       60,690,983    98.58      876,078    1.42   61,567,061       14,052        84.60% 
---------------------------  -----------  -------  -----------  ------  -----------  -----------  ------------ 
 10. Re-elect John 
  Jeans as a director         60,736,361    98.65      830,700    1.35   61,567,061       14,052        84.60% 
---------------------------  -----------  -------  -----------  ------  -----------  -----------  ------------ 
 11. Re-elect Kath 
  Durrant as a director       60,748,636    98.67      818,474    1.33   61,567,110       14,003        84.60% 
---------------------------  -----------  -------  -----------  ------  -----------  -----------  ------------ 
 12. Elect Will 
  Lee as a director           60,711,301    98.60      863,275    1.40   61,574,576        6,537        84.60% 
---------------------------  -----------  -------  -----------  ------  -----------  -----------  ------------ 
 13. Appoint Ernst 
  & Young LLP as 
  auditors                    60,494,656    98.24    1,084,782    1.76   61,579,438        1,675        84.60% 
---------------------------  -----------  -------  -----------  ------  -----------  -----------  ------------ 
 14. Authorise the 
  audit committee 
  to determine the 
  auditors' remuneration      59,652,791    96.87    1,926,723    3.13   61,579,514        1,599        84.60% 
---------------------------  -----------  -------  -----------  ------  -----------  -----------  ------------ 
 15. Authorise the 
  Company to purchase 
  its own shares              60,988,572    99.04      588,714    0.96   61,577,286        3,827        84.60% 
---------------------------  -----------  -------  -----------  ------  -----------  -----------  ------------ 
 
 
 Votes of independent shareholders on the resolutions 
  concerning the election or re-election of the independent 
  Non-executive Directors 
--------------------------------------------------------------------------------------------- 
 8. Re-elect David 
  Grant as a director      22,126,852   96.38   830,700   3.62   22,957,552   14,052   67.24% 
------------------------  -----------  ------  --------  -----  -----------  -------  ------- 
 9. Re-elect Carol 
  Chesney as a director    22,081,474   96.18   876,078   3.82   22,957,552   14,052   67.24% 
------------------------  -----------  ------  --------  -----  -----------  -------  ------- 
 10. Re-elect John 
  Jeans as a director      22,126,852   96.38   830,700   3.62   22,957,552   14,052   67.24% 
------------------------  -----------  ------  --------  -----  -----------  -------  ------- 
 11. Re-elect Kath 
  Durrant as a director    22,139,127   96.43   818,474   3.57   22,957,601   14,003   67.24% 
------------------------  -----------  ------  --------  -----  -----------  -------  ------- 
 

* A vote withheld is not a vote in law and is not counted towards votes cast "For" or "Against" a resolution.

Special Resolution

A copy of the following special resolution which was passed at the Annual General Meeting held on 13 October 2016 has been submitted to the National Storage Mechanism and will shortly be available for inspection at: http://www.morningstar.co.uk/uk/NSM.

THAT, the Company be and is hereby unconditionally authorised for the purposes of section 701 of the Companies Act 2006 (the "2006 Act") to make one or more market purchases (within the meaning of section 693(4) of the 2006 Act) of ordinary shares of 20p each in the capital of the Company ("ordinary shares") provided that:

   (i)         the maximum number of ordinary shares hereby authorised to be purchased is 7,278,854; 

(ii) the maximum price that may be paid for an ordinary share is an amount equal to the higher of: (i) 105% of the average of the middle market quotations for an ordinary share (as derived from the London Stock Exchange Daily Official List) for the 5 business days immediately preceding the day on which the ordinary share is purchased; and (ii) an amount equal to the higher of the price of the last independent trade of an ordinary share and the highest current independent bid for an ordinary share on the trading venues where the purchase is carried out;

   (iii)        the minimum price which may be paid for an ordinary share shall be 20p; 

(iv) the authority hereby conferred shall expire at the earlier of the conclusion of the annual general meeting to be held in 2017 and 31st December 2017 unless such authority is renewed prior to such time; and

(v) the Company may make a contract to purchase ordinary shares under the authority hereby conferred prior to the expiry of such authority which contract will or may be executed wholly or partly after the expiration of such authority and may make a purchase of ordinary shares pursuant to such contract.

Renishaw plc

13 October 2016

   Registered office:      New Mills, Wotton-under-Edge, Gloucestershire GL12 8JR 
   Registered number:   1106260 
   Contact name:          Norma Tang 
   Contact telephone:    [phone] 

www.renishaw.com

This information is provided by RNS

The company news service from the London Stock Exchange

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October 13, 2016 10:20 ET (14:20 GMT)