Brooks Macdonald Group PLC Result of AGM (5159U)

TIDMBRK

RNS Number : 5159U

Brooks Macdonald Group PLC

24 October 2017

BROOKS MACDONALD GROUP PLC (the "Company")

RESULTS OF ANNUAL GENERAL MEETING 2017

At the Annual General Meeting of the Company, held on 24 October 2017 at 09:30, the following resolutions were passed by shareholders on a show of hands.

Valid proxies were received by the Company from shareholders prior to the meeting as follows:

 
                   Resolution                   For        %       Against      %         Total number       Withheld 
                                                                                            of shares 
                                                                                            for which 
                                                                                        proxy appointments 
                                                                                             validly 
                                                                                               made 
---  -------------------------------------  ----------  -------  ----------  -------  --------------------  ---------- 
      To receive and consider 
       the Annual Report and Accounts 
       for the year ended 30 June 
 1     2017                                  9,853,654    100%        0         0%          9,853,654            0 
---  -------------------------------------  ----------  -------  ----------  -------  --------------------  ---------- 
      To approve the directors' 
       remuneration report for 
       the year ended 30 June 
 2     2017                                  9,557,509   96.98%    296,145    3.01%         9,853,654            0 
---  -------------------------------------  ----------  -------  ----------  -------  --------------------  ---------- 
      To declare a final dividend 
       of 26 pence per ordinary 
 3     share                                 9,853,654    100%        0         0%          9,853,654            0 
---  -------------------------------------  ----------  -------  ----------  -------  --------------------  ---------- 
      To re-elect Caroline Connellan 
 4     as a director                         9,853,654    100%        0         0%          9,853,654            0 
---  -------------------------------------  ----------  -------  ----------  -------  --------------------  ---------- 
      To re-elect Colin Harris 
 5     as a director                         9,853,654    100%        0         0%          9,853,654            0 
---  -------------------------------------  ----------  -------  ----------  -------  --------------------  ---------- 
      To re-elect Nicholas Holmes 
 6     as a director                         9,853,654    100%        0         0%          9,853,654            0 
---  -------------------------------------  ----------  -------  ----------  -------  --------------------  ---------- 
      To re-elect Simon Jackson 
 7     as a director                         9,853,654    100%        0         0%          9,853,654            0 
---  -------------------------------------  ----------  -------  ----------  -------  --------------------  ---------- 
      To re-elect Christopher 
 8     Knight as a director                  6,086,426   91.68%    552,620    8.32%         6,639,046        3,214,608 
---  -------------------------------------  ----------  -------  ----------  -------  --------------------  ---------- 
      To re-elect Christopher 
 9     Macdonald as a director               9,853,654    100%        0         0%          9,853,654            0 
---  -------------------------------------  ----------  -------  ----------  -------  --------------------  ---------- 
      To re-elect Richard Price 
 10    as a director                         9,853,654    100%        0         0%          9,853,654            0 
---  -------------------------------------  ----------  -------  ----------  -------  --------------------  ---------- 
      To re-elect Diane Seymour-Williams 
 11    as a director                         9,811,492   99.57%    42,162     0.43%         9,853,654            0 
---  -------------------------------------  ----------  -------  ----------  -------  --------------------  ---------- 
      To re-elect Andrew Shepherd 
 12    as a director                         9,853,654    100%        0         0%          9,853,654            0 
---  -------------------------------------  ----------  -------  ----------  -------  --------------------  ---------- 
      To re-appoint PricewaterhouseCoopers 
       LLP as the Company's auditors 
       and to authorise the directors 
 13    to determine their remuneration       9,853,654    100%        0         0%          9,853,654            0 
---  -------------------------------------  ----------  -------  ----------  -------  --------------------  ---------- 
      Ordinary resolution to 
       give the directors authority 
 14    to allot shares                       9,853,654    100%        0         0%          9,853,654            0 
---  -------------------------------------  ----------  -------  ----------  -------  --------------------  ---------- 
      Special resolution to give 
       the directors power to 
       disapply pre-emption rights 
       in relation to the allotment 
 15    of shares                             9,692,923   98.37%    160,731    1.63%         9,853,654            0 
---  -------------------------------------  ----------  -------  ----------  -------  --------------------  ---------- 
      Special resolution to give 
       the directors additional 
       power to disapply pre-emption 
       rights in relation to acquisitions 
 16    and specified capital investments     9,692,563   98.37%    160,731    1.63%         9,853,294           360 
---  -------------------------------------  ----------  -------  ----------  -------  --------------------  ---------- 
      Special resolution to give 
       the company a general authority 
 17    to purchase its own shares            8,244,154   83.67%   1,609,500   16.33%        9,853,654            0 
---  -------------------------------------  ----------  -------  ----------  -------  --------------------  ---------- 
 

As previously announced, Richard Spencer and Simon Wombwell did not seek re-election at this year's Annual General Meeting.

Notes:

1. The full text of the resolutions is set out in the Notice of Annual General Meeting, a copy of which can be found on the Company's website (www.brooksmacdonald.com).

2. Any proxy appointments which gave the Chairman discretion have been included in the "for" total.

3. A vote "withheld" is not a vote in law and has not been counted as a vote "for" or "against" a resolution.

Enquiries to:

 
 Brooks Macdonald Group plc              www.brooksmacdonald.com 
  Caroline Connellan, Chief Executive              020 7499 6424 
  Simon Jackson, Finance Director 
  Andrew Shepherd, Deputy Chief 
  Executive 
 
 Peel Hunt LLP (Nominated Adviser 
  and Broker) 
  Guy Wiehahn / Adrian Haxby                       020 7418 8900 
 MHP Communications 
  Reg Hoare / Simon Hockridge / 
  Charlie Barker                                   020 3128 8100 
 

Notes to editors

Brooks Macdonald Group plc, through its various subsidiaries, provides wealth and investment management services in the UK and internationally. The Group, which was founded in 1991 and began trading on AIM in 2005, had discretionary funds under management (FUM) of GBP11bn as at 30 September 2017.

The Group has eleven offices across the mainland UK and two in the Channel Islands including London, Cardiff, Edinburgh, Guernsey, Hale, Hampshire, Jersey, Leamington Spa, Manchester, Taunton, Tunbridge Wells and York.

This information is provided by RNS

The company news service from the London Stock Exchange

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October 24, 2017 13:17 ET (17:17 GMT)