Cape plc Results of the 2017 Annual General Meeting (7736E)

TIDMCIU

RNS Number : 7736E

Cape plc

10 May 2017

10 May 2017

Cape plc

("Cape" or the "Company")

Results of the 2017 Annual General Meeting

Cape plc (CIU.LN), an international leader in the provision of critical industrial services to the energy and natural resources sectors, announces that at its Annual General Meeting held earlier today, all the resolutions put to shareholders were duly passed on a poll.

Full details of the resolutions passed, together with explanatory notes, are set out in Notice of Meeting which is available on the Company's website www.capeplc.com.

 
 Resolutions           For                     Against             Votes       Total 
                                                                    Withheld 
                                                                    (Note 
                                                                    1) 
--------------------  ----------------------  ------------------  ----------  ------------ 
                       Number        %         Number      % 
--------------------  ------------  --------  ----------  ------  ----------  ------------ 
 1. To receive 
  and adopt 
  the audited 
  financial 
  statements 
  of the Company 
  for the 
  financial 
  year ended 
  31 December 
  2016 together 
  with the 
  report of 
  the directors 
  and auditors 
  thereon.              86,632,541   100.00%       2,000   0.00%     349,686    86,984,227 
--------------------  ------------  --------  ----------  ------  ----------  ------------ 
 2. To declare 
  the final 
  dividend 
  of 2.5 pence 
  per Ordinary 
  Share.                86,966,877    99.98%      17,000   0.02%         350    86,984,227 
--------------------  ------------  --------  ----------  ------  ----------  ------------ 
 3. To approve 
  the Directors' 
  Remuneration 
  Report of 
  Cape plc 
  for the 
  year ended 
  31 December 
  2016.                 86,014,643    98.89%     968,534   1.11%       1,050    86,984,227 
--------------------  ------------  --------  ----------  ------  ----------  ------------ 
 4. To re-appoint 
  Tim Eggar 
  as a director.        86,587,600    99.55%     390,837   0.45%       5,790    86,984,227 
--------------------  ------------  --------  ----------  ------  ----------  ------------ 
 5. To re-appoint 
  Steve Good 
  as a director.        86,741,402    99.73%     237,035   0.27%       5,790    86,984,227 
--------------------  ------------  --------  ----------  ------  ----------  ------------ 
 6. To re-appoint 
  Brian Larcombe 
  as a director.        86,725,402    99.71%     253,035   0.29%       5,790    86,984,227 
--------------------  ------------  --------  ----------  ------  ----------  ------------ 
 7. To re-appoint 
  Michael 
  Merton as 
  a director.           86,740,402    99.73%     238,035   0.27%       5,790    86,984,227 
--------------------  ------------  --------  ----------  ------  ----------  ------------ 
 8. To re-appoint 
  Joe Oatley 
  as a director.        86,525,655    99.48%     452,782   0.52%       5,790    86,984,227 
--------------------  ------------  --------  ----------  ------  ----------  ------------ 
 9. To re-appoint 
  Mary Reilly 
  as a director.        86,253,572    99.17%     724,865   0.83%       5,790    86,984,227 
--------------------  ------------  --------  ----------  ------  ----------  ------------ 
 10. To re-appoint 
  Michael 
  Speakman 
  as a director.        86,316,063    99.24%     662,374   0.76%       5,790    86,984,227 
--------------------  ------------  --------  ----------  ------  ----------  ------------ 
 11. To re-appoint 
  Ernst & 
  Young LLP 
  as auditors 
  of the Company.       86,979,745   100.00%       4,132   0.00%         350    86,984,227 
--------------------  ------------  --------  ----------  ------  ----------  ------------ 
 12. To authorise 
  the Directors 
  to determine 
  the auditors' 
  remuneration.         86,981,877   100.00%       2,000   0.00%         350    86,984,227 
--------------------  ------------  --------  ----------  ------  ----------  ------------ 
 13. To authorise 
  the Directors 
  to allot 
  equity securities 
  pursuant 
  to the articles 
  of association 
  of the Company.       86,691,433    99.66%     292,343   0.34%         451    86,984,227 
--------------------  ------------  --------  ----------  ------  ----------  ------------ 
 14. To extend 
  the existing 
  Remuneration 
  Policy by 
  one year.             84,703,548    97.38%   2,278,528   2.62%       2,151    86,984,227 
--------------------  ------------  --------  ----------  ------  ----------  ------------ 
 15. To authorise 
  the Directors 
  to allot 
  equity securities 
  for cash 
  disapplying 
  pre-emption 
  rights in 
  the Company's 
  articles 
  of association.       86,970,684    99.99%       4,693   0.01%       8,850    86,984,227 
--------------------  ------------  --------  ----------  ------  ----------  ------------ 
 16. To authorise 
  the Company 
  to purchase 
  its own 
  shares. 
  (Note 2)             328,686,224    99.88%     401,710   0.12%     104,167   329,192,101 
--------------------  ------------  --------  ----------  ------  ----------  ------------ 
 

Note 1: A "Vote Withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" a resolution and is not reflected in the total figures set out above.

Note 2: Votes for resolution 16 include 242,207,874 votes attributable to the 1 scheme share of GBP1 held by The Law Debenture Trust Corporation p.l.c.

In accordance with Listing Rule 9.6.2, Cape plc has lodged copies of resolutions 15 and 16, which were passed at the Annual General Meeting to the National Storage Mechanism, which will shortly be available for inspection at www.hemscott.com/nsm.do.

Enquiries:

Cape plc

   Richard Allan, General Counsel and Company Secretary               Tel: [phone] 

About Cape:

Cape (www.capeplc.com), which is premium listed on the main market of the London Stock Exchange, is an international leader in the provision of critical industrial services principally to the energy and natural resources sectors. Our multi-disciplinary service offering includes access, insulation, engineering and specialist coatings and fireproofing, environmental services, heat exchanger replacement and refurbishment, storage tanks and refractory. In 2016, Cape employed c.16,100 people working across 23 countries and reported revenue of GBP863.5 million.

For further information about Cape, please visit our website www.capeplc.com

This information is provided by RNS

The company news service from the London Stock Exchange

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