Balfour Beatty PLC Result of AGM (2656P)

TIDMBBY

RNS Number : 2656P

Balfour Beatty PLC

24 May 2018

Balfour Beatty plc

LEI: CT4UIJ3TUKGYYHMENQ17

AGM Results

Balfour Beatty plc (the "Company") announces that, at its Annual General Meeting ("AGM") held on 24 May 2018, the resolutions set out in the Notice of AGM dated 3 April 2018 were passed following a poll on each resolution.

The results of the polls were as follows:

 
                                             For        Against       Votes 
                                                                     Withheld 
--------------------------------------  ------------  -----------  ----------- 
 Resolution 1: To adopt the 
  Directors' Report and Accounts 
  for the year ended 31 December 
  2017                                   523,539,365    1,771,068   10,099,673 
                                            (99.66%)      (0.34%) 
--------------------------------------  ------------  -----------  ----------- 
 Resolution 2: To approve 
  the Directors' Remuneration 
  Report for the year ended 
  31 December 2017                       399,105,828   62,970,570   73,333,706 
                                            (86.37%)     (13.63%) 
--------------------------------------  ------------  -----------  ----------- 
 Resolution 3: To declare 
  a final dividend on the 
  ordinary shares of the Company         535,386,876       16,052        7,178 
                                           (100.00%)      (0.00%) 
--------------------------------------  ------------  -----------  ----------- 
 Resolution 4: To re-elect 
  Mr P S Aiken AM as a Director          472,383,165   53,938,739    9,080,877 
                                            (89.75%)     (10.25%) 
--------------------------------------  ------------  -----------  ----------- 
 Resolution 5: To re-elect 
  Dr S R Billingham as a Director        518,090,766   17,273,641       38,376 
                                            (96.77%)      (3.23%) 
--------------------------------------  ------------  -----------  ----------- 
 Resolution 6: To re-elect 
  Mr S J Doughty CMG as a 
  Director                               531,921,699    3,441,270       39,814 
                                            (99.36%)      (0.64%) 
--------------------------------------  ------------  -----------  ----------- 
 Resolution 7: To re-elect 
  Mr I G T Ferguson CBE as 
  a Director                             482,250,576   53,123,393       28,813 
                                            (90.08%)      (9.92%) 
--------------------------------------  ------------  -----------  ----------- 
 Resolution 8: To re-elect 
  Mr P J Harrison as a Director          532,439,145    2,927,761       35,282 
                                            (99.45%)      (0.55%) 
--------------------------------------  ------------  -----------  ----------- 
 Resolution 9: To elect Mr               532,497,898 
  M A Lucki as a Director                   (99.46%)    2,875,203       29,682 
                                                          (0.54%) 
--------------------------------------  ------------  -----------  ----------- 
 Resolution 10: To elect                 532,608,334 
  Ms B J Moorhouse as a Director            (99.49%)    2,756,762       37,687 
                                                          (0.51%) 
--------------------------------------  ------------  -----------  ----------- 
 Resolution 11: To re-elect 
  Mr L M Quinn as a Director             526,502,909    8,873,793       26,081 
                                            (98.34%)      (1.66%) 
--------------------------------------  ------------  -----------  ----------- 
 Resolution 12: To reappoint             534,101,791 
  KPMG LLP as auditor                       (99.77%)    1,222,481       85,534 
                                                          (0.23%) 
--------------------------------------  ------------  -----------  ----------- 
 Resolution 13: To authorise 
  the Audit and Risk Committee 
  of the Board to determine 
  the remuneration of the                534,177,804 
  auditor                                   (99.78%)    1,202,517       28,410 
                                                          (0.22%) 
--------------------------------------  ------------  -----------  ----------- 
 Resolution 14: To authorise 
  the Company and its UK subsidiaries 
  to incur political expenditure         492,800,474   42,551,337       56,919 
                                            (92.05%)      (7.95%) 
--------------------------------------  ------------  -----------  ----------- 
 Resolution 15: To authorise 
  the Directors to allot shares          516,517,449   18,867,018       19,514 
                                            (96.48%)      (3.52%) 
--------------------------------------  ------------  -----------  ----------- 
 Resolution 16: To authorise 
  the Directors to allot shares 
  for cash on a non pre-emptive 
  basis*                                 523,189,791   12,186,276       27,914 
                                            (97.72%)      (2.28%) 
--------------------------------------  ------------  -----------  ----------- 
 Resolution 17: To renew 
  the authority for the Company 
  to purchase its own ordinary 
  and preference shares*                 500,908,689   31,048,631    3,446,659 
                                            (94.16%)      (5.84%) 
--------------------------------------  ------------  -----------  ----------- 
 Resolution 18: To authorise 
  the Company to hold meetings, 
  other than an Annual General 
  Meeting, on 14 clear days'             510,967,569 
  notice*                                   (95.44%)   24,407,200       30,287 
                                                          (4.56%) 
--------------------------------------  ------------  -----------  ----------- 
 

* Special Resolution

Notes:

   1.       The percentages above are rounded to two decimal places. 

2. A vote withheld is not a vote in law and is not counted in the calculation of votes "For" and

"Against" a resolution.

3. The total number of Ordinary Shares of 50p each in the Company in issue at close of business on

22 May 2018 was 689,739,619, each carrying one vote.

   4.       Resolutions 16 to 18 were each passed as Special Resolutions. 

In accordance with Listing Rule 9.6.2R, copies of each of Resolutions 14 to 18 will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.

24 May 2018

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 [e-mail] or visit www.rns.com.

END

RAGUSSKRWWAVUAR

(END) Dow Jones Newswires

May 25, 2018 02:00 ET (06:00 GMT)