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ASHM Ashmore Group Plc

195.70
0.70 (0.36%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ashmore Group Plc LSE:ASHM London Ordinary Share GB00B132NW22 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.70 0.36% 195.70 195.90 196.00 200.20 193.80 195.20 2,139,906 16:35:09
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Mgmt Invt Offices, Open-end 193.2M 83.3M 0.1169 16.77 1.4B

Ashmore Group PLC 2019 AGM voting result update statement (9702I)

06/04/2020 5:44pm

UK Regulatory


Ashmore (LSE:ASHM)
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From Mar 2019 to Mar 2024

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TIDMASHM

RNS Number : 9702I

Ashmore Group PLC

06 April 2020

Ashmore Group plc (the "Company")

Update on 2019 AGM voting result

At the Company's Annual General Meeting (AGM), held on 18 October 2019, all resolutions were passed. The voting results recorded an increase in shareholder support for the Remuneration Report by comparison to the 2018 AGM. However, the vote of independent shareholders against the re-election of the Chair of the Remuneration Committee was 21.87% and the Company announced that it would be continuing its dialogue with shareholders in order to understand their views.

In accordance with the UK Corporate Governance Code, the Company is required to provide an update, no later than six months after the shareholder meeting, on the views received from shareholders and the actions it has taken.

Following the AGM, the Company undertook further engagement with its shareholders. While there is broad based support for Ashmore's flexible and equity-orientated Group-wide remuneration policy, certain corporate governance teams remain opposed to specific elements of the remuneration policy that, when looked at in isolation, do not conform to generic executive compensation guidelines. The Company continues to maintain a dialogue with its shareholders in relation to all aspects of its remuneration arrangements and a final update will be provided in the 2020 Annual Report.

Enquiries to:

Ashmore Group plc

Paul Measday

Investor Relations +44 (0)20 3077 6278

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

April 06, 2020 12:44 ET (16:44 GMT)

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