Stobart Group Limited Result of AGM (6452J)

TIDMSTOB

RNS Number : 6452J

Stobart Group Limited

29 June 2017

29 June 2017

STOBART GROUP LIMITED

('Stobart' or 'the Group')

Result of AGM

Stobart Group Ltd, the Infrastructure and Support Services Group, announces that at its Annual General Meeting, held at 12.00 noon today, all resolutions proposed to the Meeting (as set out in the Notice of Meeting) were passed on a show of hands.

Details of proxy voting instructions lodged prior to the meeting are set out below:

 
  Resolution           For           Discretion   Against      Abstentions   % in favour 
                        (number       (number      (number      (number       incl. Chairman's 
                        of votes)     of votes)    of votes)    of votes)     discretion 
                                                                              but excl. 
                                                                              withheld 
                                                                              votes 
--------------------  ------------  -----------  -----------  ------------  ------------------ 
 1. To 
  receive 
  the Company's 
  Annual 
  Accounts, 
  Directors' 
  Report 
  and Auditor's 
  Report.              294,970,756   216,774      1,135,403    681,435       99.62 
--------------------  ------------  -----------  -----------  ------------  ------------------ 
 2. To 
  declare 
  a final 
  dividend 
  of 4.5p 
  per ordinary 
  share.               296,791,871   211,943      0            556           100.00 
--------------------  ------------  -----------  -----------  ------------  ------------------ 
 3. To 
  re-elect 
  Iain Ferguson 
  CBE as 
  a Director.          287,182,346   238,274      9,568,271    15,478        96.78 
--------------------  ------------  -----------  -----------  ------------  ------------------ 
 4. To 
  re-elect 
  Andrew 
  Tinkler 
  as a Director.       296,575,170   216,024      196,698      16,478        99.93 
--------------------  ------------  -----------  -----------  ------------  ------------------ 
 5. To 
  re-elect 
  Andrew 
  Wood as 
  a Director.          288,780,786   244,274      7,958,910    20,400        97.32 
--------------------  ------------  -----------  -----------  ------------  ------------------ 
 6. To 
  re-elect 
  John Coombs 
  as a Director.       288,792,076   241,873      7,950,021    20,400        97.32 
--------------------  ------------  -----------  -----------  ------------  ------------------ 
 7. To 
  re-elect 
  John Garbutt 
  as a Director.       274,987,314   245,074      21,751,580   20,400        92.68 
--------------------  ------------  -----------  -----------  ------------  ------------------ 
 8. To 
  approve 
  the appointment 
  of Warwick 
  Brady 
  as Director.         296,521,550   248,031      209,288      25,501        99.93 
--------------------  ------------  -----------  -----------  ------------  ------------------ 
 9. To 
  re-appoint 
  KPMG LLP 
  as Auditors 
  of the 
  Company.             296,388,204   214,774      386,751      14,641        99.87 
--------------------  ------------  -----------  -----------  ------------  ------------------ 
 10.To 
  authorise 
  the Directors 
  to agree 
  the Auditor's 
  remuneration.        296,728,530   238,609      24,806       12,425        99.99 
--------------------  ------------  -----------  -----------  ------------  ------------------ 
 11.To 
  approve 
  the Directors' 
  Remuneration 
  Report.              284,968,685   253,612      11,040,071   741,999       96.27 
--------------------  ------------  -----------  -----------  ------------  ------------------ 
 12.To 
  approve 
  the Directors' 
  Remuneration 
  Policy.              282,916,269   254,237      4,921,948    8,911,914     98.29 
--------------------  ------------  -----------  -----------  ------------  ------------------ 
 13.To 
  approve 
  the alignment 
  of EPS 
  measurement 
  period 
  with TSR 
  measurement 
  period.              264,937,961   262,752      31,695,917   107,740       89.32 
--------------------  ------------  -----------  -----------  ------------  ------------------ 
 14.To 
  approve 
  the amendments 
  to the 
  Long Term 
  Incentive 
  Plan.                295,532,074   248,245      1,099,219    124,831       99.63 
--------------------  ------------  -----------  -----------  ------------  ------------------ 
 15.To 
  authorise 
  the allotment 
  of shares.           296,619,592   262,248      60,926       61,604        99.98 
--------------------  ------------  -----------  -----------  ------------  ------------------ 
 16.To 
  approve 
  and adopt 
  the Amended 
  Articles 
  of Incorporation.    286,752,236   297,411      389,254      9,565,467     99.86 
--------------------  ------------  -----------  -----------  ------------  ------------------ 
 17.To 
  disapply 
  pre-emption 
  rights 
  on the 
  issue 
  of shares 
  in the 
  Company.             296,484,992   295,438      114,959      108,981       99.96 
--------------------  ------------  -----------  -----------  ------------  ------------------ 
 18.To 
  authorise 
  purchase 
  of own 
  shares.              295,596,652   290,311      1,076,746    40,429        99.64 
--------------------  ------------  -----------  -----------  ------------  ------------------ 
 

The number of ordinary shares in issue (excluding treasury shares) on 29 June 2017 was 350,628,831. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes validly cast.

Resolutions 16, 17 and 18 inclusive were passed as special resolutions. A copy of all the resolutions passed, other than those concerning ordinary business, has been submitted to the National Storage Mechanism and will shortly be available for inspection at: http://www.Hemscott.com/nsm.do.

Enquiries:

 
 Stobart Group Limited              C/o Redleaf Communications 
 Andrew Tinkler, Chief Executive 
  Officer 
 Redleaf Communications             [phone] 
 Charlie Geller                     [e-mail] 
  Sam Modlin 
 
 Influence Associates               [phone] 
 Stuart Dyble 
  James Andrew 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 29, 2017 11:54 ET (15:54 GMT)