AO World plc Result of AGM (6990W)

TIDMAO.

RNS Number : 6990W

AO World plc

20 August 2020

AO World PLC ("Company")

Result of Annual General Meeting

At the Annual General Meeting (AGM) of AO World plc held earlier today all the resolutions put to the meeting were passed. Details of the votes cast are shown in the table below.

 
      Resolution                    Votes in favour*        Votes against     Total number   Votes Withheld** 
                                                                                of votes 
                                                                                  cast 
                                    No. of         %        No. of      %                     No. of shares 
                                     shares                 shares 
                                 ------------  --------  -----------  -----                 ----------------- 
      To receive the 
  1    report and accounts        393,801,969    99.99%       31,372   0.01   395,876,905           2,043,564 
     --------------------------  ------------  --------  -----------  -----  -------------  ----------------- 
      To approve the 
       Directors' remuneration 
  2    report                     392,698,842    99.66%    1,326,451   0.34   395,876,905           1,851,612 
     --------------------------  ------------  --------  -----------  -----  -------------  ----------------- 
      To re-elect Geoff 
  3    Cooper as a Director       392,284,906    99.09%    3,591,999   0.91   395,876,905                   0 
     --------------------------  ------------  --------  -----------  -----  -------------  ----------------- 
      To re-elect John 
  4    Roberts as a Director      393,722,295    99.92%      302,999   0.08   395,876,906           1,851,612 
     --------------------------  ------------  --------  -----------  -----  -------------  ----------------- 
      To re-elect Mark 
  5    Higgins as a Director      395,571,992    99.92%      304,914   0.08   395,876,906                   0 
     --------------------------  ------------  --------  -----------  -----  -------------  ----------------- 
      To re-elect Chris 
       Hopkinson as a 
  6    Director                   394,690,431    99.70%    1,186,474    0.3   395,876,905                   0 
     --------------------------  ------------  --------  -----------  -----  -------------  ----------------- 
      To re-elect Marisa 
  7    Cassoni as a Director      389,017,307    98.27%    6,859,599   1.73   395,876,906                   0 
     --------------------------  ------------  --------  -----------  -----  -------------  ----------------- 
      To re-elect Shaun 
  8    McCabe as a Director       394,935,318    99.76%      941,588   0.24   395,876,906                   0 
     --------------------------  ------------  --------  -----------  -----  -------------  ----------------- 
      To re-elect Luisa 
  9    Delgado as a Director      389,553,869    98.40%    6,323,037    1.6   395,876,906                   0 
     --------------------------  ------------  --------  -----------  -----  -------------  ----------------- 
      To re- appoint 
 10    KPMG LLP as auditors       395,876,766   100.00%          140   0.01   395,876,906                   0 
     --------------------------  ------------  --------  -----------  -----  -------------  ----------------- 
      To authorise the 
       Directors to determine 
       the remuneration 
 11    of the auditors            395,876,906   100.00%            0      0   395,876,906                   0 
     --------------------------  ------------  --------  -----------  -----  -------------  ----------------- 
      To authorise the 
       Directors to allot 
 12    shares                     394,881,064    99.75%      995,842   0.25   395,876,906                   0 
     --------------------------  ------------  --------  -----------  -----  -------------  ----------------- 
      To disapply pre-emption 
 13    rights***                  395,876,766   100.00%          140   0.01   395,876,906                   0 
     --------------------------  ------------  --------  -----------  -----  -------------  ----------------- 
      To disapply pre-emption 
       rights - limited 
       to an acquisition 
 14    or capital investment***   393,987,781    99.52%    1,883,124   0.48   395,876,905               6,000 
     --------------------------  ------------  --------  -----------  -----  -------------  ----------------- 
      To authorise the 
       Company to purchase 
 15    its own shares***          393,980,610    99.52%    1,883,084   0.48   395,876,905              13,211 
     --------------------------  ------------  --------  -----------  -----  -------------  ----------------- 
      To authorise the 
       Company to make 
 16    political donations        393,858,088    99.96%      161,205   0.04   395,876,905           1,857,612 
     --------------------------  ------------  --------  -----------  -----  -------------  ----------------- 
      To authorise the 
       Company to hold 
       general meetings 
 17    on 14 days' notice***      393,267,054    99.34%    2,609,852   0.66   395,876,906                   0 
     --------------------------  ------------  --------  -----------  -----  -------------  ----------------- 
      To approve the 
       adoption of the 
       AO Word Plc Value 
       Creation 
       Plan and the amendment 
       of the AO 2018 
 18    Incentive Plan             358,280,687    90.50%   37,596,218    9.5   395,876,905                   0 
     --------------------------  ------------  --------  -----------  -----  -------------  ----------------- 
 
   *      Includes those votes giving the Chairman discretion 

** A vote 'Withheld' has no legal effect and is not counted in the votes 'For' and 'Against' a resolution

*** Passed as special resolutions

The maximum number of votes cast was 395,876,906 representing 82.7% of the Company's issued share capital of as at 6pm on 19 August 2020.

In accordance with Listing Rule 9.6.2, copies of all the resolutions passed as special business have been submitted to the National Storage Mechanism and will shortly be available for viewing here .

Enquiries:

AO World plc

Julie Finnemore

Company Secretary

[e-mail]

Tel: [phone]

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August 20, 2020 03:30 ET (07:30 GMT)