Tribal Group PLC Result of AGM (2516Y)
13 May 2016 - 3:15PM
UK Regulatory
TIDMTRB
RNS Number : 2516Y
Tribal Group PLC
13 May 2016
Tribal Group plc
Result of Annual General Meeting
At the Annual General Meeting of the members of Tribal Group plc
duly convened and held on Friday 13 May 2016 a show of hands was
held on each resolution proposed, which were passed with large
majorities:
No. Description For % Against % Withheld
---- --------------- ------------ ------ ----------- ------ ---------
Report &
1 Accounts 133,213,537 99.99 4,405 0.01 1,972
---- --------------- ------------ ------ ----------- ------ ---------
Remuneration
2 Report 129,723,638 97.41 3,443,708 2.59 52,568
---- --------------- ------------ ------ ----------- ------ ---------
Re-appoint
3 Deloitte 133,203,602 99.99 16,312 0.01 0
---- --------------- ------------ ------ ----------- ------ ---------
Auditor's
4 Remuneration 133,214,981 99.99 2,961 0.01 1,972
---- --------------- ------------ ------ ----------- ------ ---------
Elect Ian
5 Bowles 133,195,496 99.99 12,257 0.01 12,161
---- --------------- ------------ ------ ----------- ------ ---------
Re-elect
6 Steve Breach 122,570,156 92.01 10,637,597 7.99 12,161
---- --------------- ------------ ------ ----------- ------ ---------
Elect Richard
7 Last 133,204,352 99.99 10,833 0.01 4,729
---- --------------- ------------ ------ ----------- ------ ---------
Elect Roger
8 McDowell 116,258,363 87.28 16,944,822 12.72 16,729
---- --------------- ------------ ------ ----------- ------ ---------
Re-elect
9 David Egan 133,228,949 99.99 14,236 0.01 16,729
---- --------------- ------------ ------ ----------- ------ ---------
Authority
to allot
10 shares 113,685,530 85.34 19,534,223 14.66 161
---- --------------- ------------ ------ ----------- ------ ---------
Disapply
pre-emption
11 rights 133,155,173 99.95 64,540 0.05 201
---- --------------- ------------ ------ ----------- ------ ---------
Purchase
12 of own shares 133,122,245 99.93 97,629 0.07 40
---- --------------- ------------ ------ ----------- ------ ---------
Notice period
for General
13 Meetings 129,620,914 97.30 3,598,839 2.70 161
---- --------------- ------------ ------ ----------- ------ ---------
Resolutions 11, 12 and 13 were passed as special
resolutions.
The votes withheld are not a vote in law and are not counted in
the overall voting figures.
Number of shares in issue: 195,380,299
Further detail on the figures can be found at
www.tribalgroup.com, in the Investors section.
Special business
The Resolutions set out below were duly passed as special
business:
12. To consider and if thought fit pass the following resolution
as a Special Resolution:
"That, in accordance with Article 11 of its Articles of
Association, the Company is generally and unconditionally
authorised for the purposes of section 701 of the 2006 Act to make
market purchases (as defined in section 693(4) of the 2006 Act) of
ordinary shares of 5p each in the Company ("Ordinary Shares") on
such terms and in such manner as the directors of the Company may
from time to time determine provided that:
(a) the maximum number of Ordinary Shares that may be purchased
pursuant to this authority is 19,538,029;
(b) the maximum price which may be paid for an Ordinary Share
purchased pursuant to this authority is an amount equal to 105 per
cent. of the average of the middle market quotation of the
Company's Ordinary Shares as derived from the London Stock Exchange
Daily Official List for the five business days immediately
preceding the day on which that share is purchased and the minimum
price which may be paid is 5p per Ordinary share (in each case
exclusive of expenses payable by the Company); and
(c) this authority will expire at the conclusion of the annual
general meeting of the Company to be held in 2017 unless renewed or
extended before that time, but the Company may enter into a
contract for the purchase of its Ordinary Shares under this
authority before its expiry which will or may be completed wholly
or partly after the expiry of this authority and may make a
purchase of Ordinary Shares in pursuance of any such contract."
13. To consider and if thought fit pass the following resolution
as a Special Resolution:
"That a General Meeting other than an Annual General Meeting may
be called on not less than 14 clear days' notice."
ENQUIRIES:
Tribal Group plc Tel: 0845
123 6001
Rob Ewin, Company Secretary
Stephen Breach, Group Finance Director
This information is provided by RNS
The company news service from the London Stock Exchange
END
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May 13, 2016 10:15 ET (14:15 GMT)