Beazley PLC Result of AGM (6095H)

TIDMBEZ

RNS Number : 6095H

Beazley PLC

25 March 2020

Beazley plc

London, 25 March 2020

Beazley plc - 2020 Annual General Meeting Results

Beazley plc held its annual general meeting for shareholders at 2.30pm today and announces that all the resolutions were duly passed.

In accordance with Listing Rule 9.6.3, full details of the resolutions passed as special business will be submitted to the National Storage Mechanism and will shortly be available for inspection.

For information, the results of the AGM are set out below. The total number of votes received for each resolution is set out below. The number of 5p ordinary shares in issue and the number of voting rights on 23 March 2020 was 529,937,859.

 
 Resolution   Description               Votes in      Votes Against   Votes Withheld 
  No.                                  Favour and 
                                      discretionary 
              To receive 
               the accounts 
               for the financial 
               year ended 
               31 December 
               2019, together 
               with the Directors' 
               report and 
               Auditor's 
 1             report thereon           412,800,822          57,234        1,855,152 
             ---------------------  ---------------  --------------  --------------- 
              To approve 
               the Directors' 
               Remuneration 
               Report for 
               the financial 
               year ended 
               31 December 
 2             2019                     377,362,937      32,518,047        4,832,204 
             ---------------------  ---------------  --------------  --------------- 
              To approve 
               the Directors' 
               Remuneration 
 3             Policy                   373,357,955      41,349,712            5,521 
-----------  ---------------------  ---------------  --------------  --------------- 
              To approve 
               the payment 
               of a second 
               interim dividend 
               of 8.2 pence 
               per Ordinary 
 4             Share                    414,712,327               0              882 
             ---------------------  ---------------  --------------  --------------- 
              To re-elect 
               Adrian Cox 
               as a Director 
 5             of the Company           413,825,166         512,131          375,912 
             ---------------------  ---------------  --------------  --------------- 
              To re-elect 
               Andrew Horton 
               as a Director 
 6             of the Company           413,825,659         511,188          376,368 
             ---------------------  ---------------  --------------  --------------- 
              To re-elect 
               Christine LaSala 
               as a Director 
 7             of the Company           394,437,087      19,900,190          375,912 
             ---------------------  ---------------  --------------  --------------- 
              To re-elect 
               Sir Andrew 
               Likierman as 
               a Director 
 8             of the Company           384,178,291      30,158,986          375,912 
             ---------------------  ---------------  --------------  --------------- 
              To re-elect 
               David Roberts 
               as a Director 
 9             of the Company           407,345,975       5,845,925        1,521,308 
             ---------------------  ---------------  --------------  --------------- 
              To re-elect 
               John Sauerland 
               as a Director 
 10            of the Company           396,080,666      18,256,611          375,912 
             ---------------------  ---------------  --------------  --------------- 
              To re-elect 
               Robert Stuchbery 
               as a Director 
 11            of the Company           413,824,866         512,131          376,212 
             ---------------------  ---------------  --------------  --------------- 
              To re-elect 
               Catherine Woods 
               as a Director 
 12            of the Company           394,244,409      20,092,868          375,912 
             ---------------------  ---------------  --------------  --------------- 
              To elect Nicola 
               Hodson as a 
               Director of 
 13            the Company              412,979,789       1,354,071          379,349 
             ---------------------  ---------------  --------------  --------------- 
              To elect Sally 
               Lake as a Director 
 14            of the Company           412,717,361       1,617,899          377,949 
             ---------------------  ---------------  --------------  --------------- 
              To elect John 
               Reizenstein 
               as a Director 
 15            of the Company           413,822,679         512,581          377,949 
             ---------------------  ---------------  --------------  --------------- 
              To re-appoint 
               EY as Auditors 
 16            of the Company           409,941,954       3,245,449        1,525,805 
-----------  ---------------------  ---------------  --------------  --------------- 
              To authorise 
               the Audit and 
               Risk Committee 
               to determine 
               the Auditors' 
 17            remuneration             411,359,785       3,349,241            4,182 
             ---------------------  ---------------  --------------  --------------- 
              To authorise 
               the Directors 
 18            to allot shares          392,824,538      20,488,400        1,400,271 
             ---------------------  ---------------  --------------  --------------- 
              To disapply 
               pre-emption 
 19*           rights                   390,357,604      24,343,693           11,912 
             ---------------------  ---------------  --------------  --------------- 
              To authorise 
               the Company 
               to make market 
               purchases of 
 20*           Ordinary Shares          411,320,268       2,914,478          478,462 
             ---------------------  ---------------  --------------  --------------- 
              To allow the 
               Company to 
               hold general 
               meetings (other 
               than annual 
               general meetings) 
               on not less 
               than 14 clear 
 21*           days' notice             399,752,060      13,562,908        1,398,241 
             ---------------------  ---------------  --------------  --------------- 
 

* Special resolution

For further information, please contact:

Beazley plc

Christine Oldridge

[phone]

Note to editors:

Beazley plc (BEZ.L), is the parent company of specialist insurance businesses with operations in Europe, North America, Latin America and Asia. Beazley manages six Lloyd's syndicates and, in 2019, underwrote gross premiums worldwide of $3,003.9 million. All Lloyd's syndicates are rated A by A.M. Best.

Beazley's underwriters in the United States focus on writing a range of specialist insurance products. In the admitted market, coverage is provided by Beazley Insurance Company, Inc., an A.M. Best A rated carrier licensed in all 50 states. In the surplus lines market, coverage is provided by the Beazley syndicates at Lloyd's.

Beazley's European insurance company, Beazley Insurance dac, is regulated by the Central Bank of Ireland and is A rated by A.M. Best and A+ by Fitch.

Beazley is a market leader in many of its chosen lines, which include professional indemnity, cyber liability, property, marine, reinsurance, accident and life, and political risks and contingency business.

For more information please go to: www.beazley.com

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March 25, 2020 12:08 ET (16:08 GMT)