Ashmore Group PLC Result of AGM (5659Q)

TIDMASHM

RNS Number : 5659Q

Ashmore Group PLC

18 October 2023

Ashmore Group plc (the "Company")

18 October 2023

RESULTS OF ANNUAL GENERAL MEETING ("AGM")

The Board of Ashmore Group plc is pleased to announce that at the AGM of the Company held earlier today all resolutions were duly passed on a poll. All of the resolutions are accordingly declared as carried. Resolutions 5, 6, 7, 8 and 9, relating to the election and re-election of Independent Non-Executive Directors, are carried by a majority of votes cast by both independent shareholders as well as by a majority of votes cast by all shareholders.

The results of the poll on each resolution were as follows:

 
                                   FOR            AGAINST        ABSTAIN*       TOTAL VOTE 
      Resolution                   No. of Votes   No. of Votes   No. of Votes                 % age of total votes in 
                                                                                              favour 
     ---------------------------  -------------  -------------  -------------  ------------ 
      To receive and adopt the 
      report and accounts for 
      the year ended 30 June 
 1    2023                         579,076,136        275         1,778,890     579,076,411            100.00 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
 2    To declare a final           579,462,596     1,391,681        1,024       580,854,277            99.76 
      dividend for the year 
      ended 30 June 2023 of 12.1 
      pence per Ordinary Share 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
      To re-elect Mark Coombs as 
 3    a Director                   580,802,028       44,115         9,158       580,846,143            99.99 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
      To re-elect Tom Shippey as 
 4    a Director                   580,746,708       99,435         9,158       580,846,143            99.98 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
 5    To re-elect Clive Adamson    575,736,381     3,567,233      1,551,687     579,303,614            99.38 
      as a Director (all 
      shareholders) 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
 5    To re-elect Clive Adamson    353,300,846     3,567,233      1,551,687     356,868,079            99.00 
      as a Director (independent 
      shareholders) 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
 6    To re-elect Helen Beck as    574,647,536     6,198,415        9,350       580,845,951            98.93 
      a Director (all 
      shareholders) 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
 6    To re-elect Helen Beck as    352,212,001     6,198,415        9,350       358,410,416            98.27 
      a Director (independent 
      shareholders) 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
 7    To re-elect Jennifer         564,992,903     15,853,048       9,350       580,845,951            97.27 
      Bingham as a Director (all 
      shareholders) 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
 7    To re-elect Jennifer         342,557,368     15,853,048       9,350       358,410,416            95.58 
      Bingham as a Director 
      (independent shareholders) 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
 8    To re-elect Shirley          578,487,003     2,358,948        9,350       580,845,951            99.59 
      Garrood as a Director (all 
      shareholders) 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
 8    To re-elect Shirley          356,051,468     2,358,948        9,350       358,410,416            99.34 
      Garrood as a Director 
      (independent shareholders) 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
 9    To elect Thuy Dam as a       580,839,495       8,994          6,812       580,848,489            100.00 
      Director (all 
      shareholders) 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
 9    To elect Thuy Dam as a       358,403,960       8,994          6,812       358,412,954            100.00 
      Director (independent 
      shareholders) 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
      To approve the 
 10   remuneration policy          477,407,150     66,158,484     37,289,667    543,565,634            87.83 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
 11   To approve the               505,993,326     37,591,318     37,270,657    543,584,644            93.08 
      remuneration report for 
      the year ended 30 June 
      2023 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
 12   To appoint Ernst & Young     579,276,909     1,571,180        7,212       580,848,089            99.73 
      LLP as auditors 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
 13   To authorise the Audit and   580,812,606       16,110         26,585      580,828,716            100.00 
      Risk Committee to agree 
      the remuneration of the 
      auditors 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
 14   To authorise political       569,930,037     10,915,364       9,900       580,845,401            98.12 
      donations and political 
      expenditure 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
 15   To authorise the Directors   566,729,134     14,101,376       24,791      580,830,510            97.57 
      to allot shares 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
 16   To authorise the             573,752,340     7,078,310        24,651      580,830,650            98.78 
      dis-application of 
      pre-emption rights up to 
      35,637,040 shares** 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
 17   To authorise the             568,203,346     12,627,304       24,651      580,830,650            97.83 
      dis-application of 
      pre-emption rights up to a 
      further 35,637,040 
      shares** 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
 18   To authorise market          570,362,942     10,390,594      101,765      580,753,536            98.21 
      purchases of shares** 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
 19   To approve the renewal of    344,863,998     11,942,016     1,613,752     356,806,014            96.65 
      the waiver of the 
      obligation under Rule 9 of 
      the Takeover Code*** 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
 20   To reduce the notice         573,026,372     7,806,056        22,873      580,832,428            98.66 
      period for general 
      meetings other than an 
      annual general meeting** 
     ---------------------------  -------------  -------------  -------------  ------------  ------------------------- 
 

* A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "for" or "against" a resolution.

** Indicates Special Resolutions requiring a 75% majority.

*** Mark Coombs has not voted on Resolution 19 as an interested party.

Ashmore Group plc's Legal Entity Identifier (LEI) is 549300U3L59WB4YI2X12.

In accordance with LR 9.6.2R, copies of resolutions concerning special business passed at the AGM today have been submitted to the Financial Conduct Authority's national storage mechanism. This document will shortly be available to view at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

For further information, please contact:

Ashmore Group plc

Paul Measday

   Investor Relations     [phone] 

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October 18, 2023 09:13 ET (13:13 GMT)