Bodycote PLC Result of AGM (4414F)

TIDMBOY

RNS Number : 4414F

Bodycote PLC

17 May 2017

17 May 2017

Bodycote plc - Resolutions passed at the Annual General Meeting

Bodycote plc announces that all resolutions proposed at its Annual General Meeting held at 12 pm on 17 May 2017 were passed on a show of hands.

Details of proxy voting instructions, lodged prior to the Meeting are set out below:

 
 Resolution                         For       Discretion    Against     Abstention 
                                  (number       (number      (number      (number 
                                 of votes)     of votes)    of votes)    of votes) 
-----------------------------  ------------  -----------  -----------  ----------- 
 
   Ordinary Resolutions 
-----------------------------  ------------  -----------  -----------  ----------- 
 1.To receive the annual 
  report                        162,515,049     47,338     1,110,879     460,844 
-----------------------------  ------------  -----------  -----------  ----------- 
 
   Re-election of directors 
-----------------------------  ------------  -----------  -----------  ----------- 
 2. To declare a final 
  dividend                      164,086,772     47,338         0            0 
-----------------------------  ------------  -----------  -----------  ----------- 
 3. To re-elect Mr. A.M. 
  Thomson                       143,205,611     47,474     13,245,185   7,635,838 
-----------------------------  ------------  -----------  -----------  ----------- 
 4. To re-elect Mr. S.C. 
  Harris                        163,310,787     47,474      775,546        303 
-----------------------------  ------------  -----------  -----------  ----------- 
 5. To re-elect Ms E. 
  Lindqvist                     77,569,432      47,474     64,113,879   22,398,107 
-----------------------------  ------------  -----------  -----------  ----------- 
 6. To re-elect Mr. I.B. 
  Duncan                        163,312,603     47,474      773,280        753 
-----------------------------  ------------  -----------  -----------  ----------- 
 7. To elect Mr. D. Yates       163,707,700     47,474      378,633        303 
-----------------------------  ------------  -----------  -----------  ----------- 
 8. To elect Mr. P. Larmon      163,194,361     47,474      891,972        303 
-----------------------------  ------------  -----------  -----------  ----------- 
 9. to reappoint the 
  auditors                      159,463,497     47,338     4,622,964       310 
-----------------------------  ------------  -----------  -----------  ----------- 
 10. to authorise the 
  directors to fix auditor's 
  remuneration                  164,080,929     51,100       1,771         310 
-----------------------------  ------------  -----------  -----------  ----------- 
 11. To approve the report 
  on remuneration               155,873,005     59,306     6,167,431    2,034,367 
-----------------------------  ------------  -----------  -----------  ----------- 
 12. To renew authority 
  to allot shares               159,069,818     52,542     5,006,775      4,975 
-----------------------------  ------------  -----------  -----------  ----------- 
 
   Special resolutions 
-----------------------------  ------------  -----------  -----------  ----------- 
 13. to renew authority 
  for disapplication of 
  pre- 
  emption rights in respect 
  of 5% of issued share 
  capital                       164,065,608     52,619       9,172        6,711 
-----------------------------  ------------  -----------  -----------  ----------- 
 14. to renew authority 
  for disapplication of 
  pre- 
  Emption rights for 
  an additional 5% of 
  issued share 
  capital                       156,488,541     51,135     7,587,722      6,711 
-----------------------------  ------------  -----------  -----------  ----------- 
 15. to renew authority 
  to buy own shares             160,288,215     51,100     3,794,467       327 
-----------------------------  ------------  -----------  -----------  ----------- 
 16. to authorise general 
  meetings 14 days' notice      161,091,155     52,836     2,989,791       327 
-----------------------------  ------------  -----------  -----------  ----------- 
 17. to approve the articles 
  of association                164,079,056     52,415         0          2,639 
-----------------------------  ------------  -----------  -----------  ----------- 
 

The number of ordinary shares in issue on 17 May 2017 was 191,456,172. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes validly cast.

All resolutions presented to shareholders at today's Annual General Meeting were passed with a majority of votes. However, the Board recognises that there was a minority of votes opposing resolution 5.

While the Board is pleased that resolution 5 has received shareholder approval, it also acknowledges the views of the shareholders who voted against the re-election of Eva Lindqvist. We have consulted with a number of shareholders and proxy advisors before the Annual General Meeting to discuss the issues raised. As a result, Eva Lindqvist has confirmed her intention to reduce her number of directorships with listed companies.

The Board would like to reassure shareholders that it takes seriously its responsibilities to engage with them and take their views into account.

A copy of the Resolutions passed as Special Business at the Annual General Meeting is being submitted to the UK Listing Authority and will shortly be available for inspection at the National Storage Mechanism document viewing facility, which is situated at http://www.hemscott.com/nsm.

U. Ball, Group Company Secretary, Bodycote plc

Tel: [phone]

LEI 213800V93QFW53NB7Y29

This information is provided by RNS

The company news service from the London Stock Exchange

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May 17, 2017 08:08 ET (12:08 GMT)