Auto Trader Group plc Result of AGM (2072Z)

TIDMAUTO

RNS Number : 2072Z

Auto Trader Group plc

16 September 2020

Auto Trader Group plc Result of Annual General Meeting

Auto Trader Group plc (LSE: AUTO, "Auto Trader" or the "Company"), the UK's largest digital automotive marketplace, announces the results of the Company's Annual General Meeting ("AGM") held on 16 September 2020.

Each of the resolutions were voted on by way of a poll, and the result of each resolution is shown below. All resolutions were passed.

The total number of shares on the register at 6pm on 14 September 2020, therefore those being eligible to be voted on at the AGM, was 966,024,927 (excluding treasury shares).

 
                                                                                             % of 
                                                                                            shares 
                                                                                              on 
                                                                                           register 
                                                                                           at 6pm 14 
                                                                             Total votes   September      Votes 
                                       For*                  Against             cast        2020      withheld*** 
                                 No. of        %**       No. of      %**       No. of          %         No. of 
 Resolution                       votes                  votes                  votes                     votes 
                              ------------  --------  -----------  -------  ------------  ----------  ------------ 
 1. To receive the Annual 
  Report and Accounts of the 
  Company for the financial 
  year ended 31 March 2020     762,087,460     99.65    2,661,403     0.35   764,748,863       79.16     7,776,170 
                              ------------  --------  -----------  -------  ------------  ----------  ------------ 
 2. To approve the 
  Directors' 
  Remuneration Report          748,140,518     96.86   24,225,112     3.14   772,365,630       79.95       159,404 
                              ------------  --------  -----------  -------  ------------  ----------  ------------ 
 3. To re-elect Ed Williams 
  as a Director                755,302,804     97.79   17,061,733     2.21   772,364,537       79.95       160,496 
                              ------------  --------  -----------  -------  ------------  ----------  ------------ 
 4. To re-elect Nathan Coe 
  as a Director                766,249,660     99.21    6,116,193     0.79   772,365,853       79.95       159,181 
                              ------------  --------  -----------  -------  ------------  ----------  ------------ 
 5. To re-elect David Keens 
  as a Director                768,689,855     99.52    3,673,214     0.48   772,363,069       79.95       161,965 
                              ------------  --------  -----------  -------  ------------  ----------  ------------ 
 6. To re-elect Jill 
  Easterbrook 
  as a Director                766,568,592     99.25    5,797,761     0.75   772,366,353       79.95         158,681 
                              ------------  --------  -----------  -------  ------------  ----------  -------------- 
 7. To re-elect Jeni Mundy 
  as a Director                766,790,389     99.28    5,574,649     0.72   772,365,038       79.95       159,996 
                              ------------  --------  -----------  -------  ------------  ----------  ------------ 
 8. To re-elect Catherine 
  Faiers as a Director         766,058,774     99.18    6,306,187     0.82   772,364,961       79.95       160,073 
                              ------------  --------  -----------  -------  ------------  ----------  ------------ 
 9. To elect Jamie Warner 
  as a Director                765,826,154     99.15    6,538,307     0.85   772,364,461       79.95       160,573 
                              ------------  --------  -----------  -------  ------------  ----------  ------------ 
 10. To elect Sigga 
  Sigurdardottir 
  as a Director                772,111,810     99.97      254,043     0.03   772,365,853       79.95       159,181 
                              ------------  --------  -----------  -------  ------------  ----------  ------------ 
 11. To re-appoint KPMG LLP 
  as auditors of the Company   772,238,208     99.98      125,788     0.02   772,363,996       79.95       161,038 
                              ------------  --------  -----------  -------  ------------  ----------  ------------ 
 12. To authorise the Board 
  to determine the auditors' 
  remuneration.                772,239,660     99.98      126,474     0.02   772,366,134       79.95       158,900 
                              ------------  --------  -----------  -------  ------------  ----------  ------------ 
 13. To authorise the 
  Directors 
  to allot shares.             756,065,574     97.88   16,370,633     2.12   772,436,207       79.96        88,827 
                              ------------  --------  -----------  -------  ------------  ----------  ------------ 
 14. To authorise the 
  partial 
  disapplication of 
  pre-emption 
  rights****                   772,208,968     99.97      226,140     0.03   772,435,108       79.96        89,926 
                              ------------  --------  -----------  -------  ------------  ----------  ------------ 
 15. To authorise the 
  partial 
  disapplication of 
  pre-emption 
  rights in connection with 
  an acquisition or 
  investment****               762,195,042     98.67   10,241,657     1.33   772,436,699       79.96        88,334 
                              ------------  --------  -----------  -------  ------------  ----------  ------------ 
 16. To authorise the 
  Company 
  to purchase its own 
  shares****                   762,150,301     98.76    9,537,521     1.24   771,687,822       79.88       837,211 
                              ------------  --------  -----------  -------  ------------  ----------  ------------ 
 17. To authorise the 
  Company 
  to call general meetings 
  on not less than 14 clear 
  days' notice****             742,071,421     96.08   30,298,339     3.92   772,369,760       79.95       155,274 
                              ------------  --------  -----------  -------  ------------  ----------  ------------ 
 18. Amendment to Articles 
  of Association ****          772,361,709     99.99        5,989     0.01   772,367,698       79.95       157,336 
                              ------------  --------  -----------  -------  ------------  ----------  ------------ 
 
 

NOTES:

* The "For" votes include those giving the Chairman discretion.

** Votes "For" and "Against" are expressed as a percentage of votes received.

***A vote "withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" the resolution.

****Denotes Special Resolutions

The full text of the resolutions can be found in the Notice of Annual of General Meeting, which is available for inspection at the National Storage Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism and also on the Company's website at https://plc.autotrader.co.uk

A copy of the resolutions passed under special business (as defined by the listing rules of the UK Listing Authority) will shortly be submitted to the National Storage Mechanism for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

Claire Baty

Company Secretary

About Auto Trader

Auto Trader Group plc is the UK and Ireland's largest digital automotive marketplace. Auto Trader sits at the heart of the UK's vehicle buying process and its primary activity is to help vehicle retailers compete effectively on the marketplace in order to sell more vehicles, faster. Auto Trader listed on the London Stock Exchange in March 2015 and is now a member of the FTSE100 Index.

The marketplace brings together the largest and most engaged consumer audience. Auto Trader has over 90% prompted brand awareness and attracts circa 50 million monthly cross platform visits each month, with over 70% of visits coming through mobile devices.

For more information, please visit https://plc.autotrader.co.uk/

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September 16, 2020 09:01 ET (13:01 GMT)