Charles Stanley Group PLC Result of AGM (1454F)

TIDMCAY

RNS Number : 1454F

Charles Stanley Group PLC

11 July 2019

CHARLES STANLEY GROUP PLC

("Charles Stanley" or "the Company")

RESULT OF AGM

At the Company's Annual General Meeting held on Wednesday 10(th) July 2019, all the resolutions which were set out in the Notice of Meeting circulated to shareholders on 10(th) June 2019 (the "Notice of Meeting"), were passed on a show of hands.

In accordance with Listing Rule 9.6.18 copies of all resolutions passed, other than ordinary business, will be submitted to the UK Listing Authority. Copies will be available at the National Storage Mechanism at http://www.morningstar.co.uk/uk/NSM

PROXY APPOINTMENT DISCLOSURE

The Annual General Meeting of Charles Stanley Group PLC was held on 10 July 2019

As at the date of the AGM the total number of shares in issue was 50,783,612. Proxy appointments were received from shareholders of 43,752,104 ordinary shares amounting to 86.2% of the issued share capital.

For resolutions decided on a show of hands, the following number of proxy appointments and associated instructions were received prior to the meeting:

 
 Res No:                 FOR*                    AGAINST                Total        % of   Votes 
                                                                         Votes        ISC    Withheld** 
                         No of Shares   % of     No of     % of total 
                                         total    Shares 
                        -------------  -------  --------  ----------- 
 Resolution 
  1 Adoption 
  of Annual 
  Report and 
  Accounts               43,752,104     100      0         0.00         43,752,104   86.2   0 
                        -------------  -------  --------  -----------  -----------  -----  ------------ 
 Resolution 
  2 Declaration 
  of Dividend            43,751,884     99.99    1,225     0.01         43,753,109   86.2   0 
                        -------------  -------  --------  -----------  -----------  -----  ------------ 
 Resolution 
  3 Approval 
  of the Directors' 
  Remuneration 
  Report                 43,726,702     99.95    23,048    0.05         43,749,750   86.2   2,354 
                        -------------  -------  --------  -----------  -----------  -----  ------------ 
 Resolution 
  4 
  Re-election 
  of Sir David 
  Howard                 43,674,900     99.83    75,216    0.17         43,750,116   86.2   1,988 
                        -------------  -------  --------  -----------  -----------  -----  ------------ 
 Resolution 
  5 Re-election 
  of Paul Abberley       43,733,775     99.96    18,329    0.04         43,752,104   86.2   0 
                        -------------  -------  --------  -----------  -----------  -----  ------------ 
 Resolution 
  6 Re-election 
  of Benjamin 
  Money-Coutts           43,730,739     99.96    18,329    0.04         43,749,068   86.2   3,036 
                        -------------  -------  --------  -----------  -----------  -----  ------------ 
 Resolution 
  7 
  Re-election 
  of Bridget 
  Guerin                 43,741,094     99.98    10,148    0.02         43,751,242   86.2   1,867 
                        -------------  -------  --------  -----------  -----------  -----  ------------ 
 Resolution 
  8 Re-election 
  of Andrew 
  Didham                 43,744,150     99.98    7,092     0.02         43,751,242   86.2   261 
                        -------------  -------  --------  -----------  -----------  -----  ------------ 
 Resolution 
  9 
  Re-election 
  of Hugh Grootenhuis    43,745,756     99.99    6,087     0.01         43,751,843   86.2   261 
                        -------------  -------  --------  -----------  -----------  -----  ------------ 
 Resolution 
  10 
  Re-election 
  of Marcia 
  Campbell               43,743,480     99.99    6,414     0.01         43,749,894   86.2   2,210 
                        -------------  -------  --------  -----------  -----------  -----  ------------ 
 Resolution 
  11 
  Re-appointment 
  of KPMG LLP 
  as Auditor.            43,743,130     99.99    3,689     0.01         43,746,819   86.2   5,285 
                        -------------  -------  --------  -----------  -----------  -----  ------------ 
 Resolution 
  12 
  To authorise 
  the Directors 
  to determine 
  the remuneration 
  of the Auditors.       43,751,135     100      0         0.00         43,751,135   86.2   969 
                        -------------  -------  --------  -----------  -----------  -----  ------------ 
 Resolution 
  13 
  That the 
  Directors 
  are authorised 
  to issue 
  shares as 
  set out in 
  the Notice 
  of Meeting.            43,747,698     99.99    3,006     0.01         43,750,704   86.2   1,400 
                        -------------  -------  --------  -----------  -----------  -----  ------------ 
 Resolution 
  14 
  To dis-apply 
  pre-emption 
  rights on 
  up to 5% 
  of share 
  capital.               43,739,954     99.98    8,410     0.02         43,748,364   86.2   3,740 
                        -------------  -------  --------  -----------  -----------  -----  ------------ 
 Resolution 
  15 
  To dis-apply 
  pre-emption 
  rights on 
  an additional 
  5% of share 
  capital.               43,735,421     99.97    12,943    0.03         43,748,364   86.2   3,740 
                        -------------  -------  --------  -----------  -----------  -----  ------------ 
 Resolution 
  16 
  To allow 
  the Company 
  to hold general 
  meetings 
  (other than 
  AGMs) on 
  not less 
  than 14 clear 
  days' notice.          43,745,054     99.98    7,050     0.02         43,752,104   86.2   0 
                        -------------  -------  --------  -----------  -----------  -----  ------------ 
 

VOTES OF INDEPENDENT SHAREHOLDERS ON THE RESOLUTIONS CONCERNING THE RE-ELECTION OF THE INDEPDENT NON-EXECUTIVE DIRECTORS

As at the date of the AGM the total number of shares in issue was 50,783,612. Proxy appointments were received from independent shareholders of 22,486,095 ordinary shares amounting to 44.3% of the issued share capital.

 
 Res No:                 FOR*                     AGAINST                 Total          % of     Votes 
                                                                           Votes          ISC      Withheld** 
                         No of Shares   % of      No of      % of total 
                                         total     Shares 
                        -------------  --------  ---------  ----------- 
 
   Resolution 
   7 
   Re-election 
   of 
   Bridget Guerin          22,475,085     99.95     10,148     0.05         22,485,233     44.3     0 
                        -------------  --------  ---------  -----------  -------------  -------  ------------ 
 Resolution 
  8 
  Re-election 
  of Andrew 
  Didham                 22,478,141     99.97     7,092      0.03         22,485,233     44.3     0 
                        -------------  --------  ---------  -----------  -------------  -------  ------------ 
 Resolution 
  9 
  Re-election 
  of Hugh Grootenhuis    22,479,747     99.97     6,087      0.03         22,485,834     44.3     0 
                        -------------  --------  ---------  -----------  -------------  -------  ------------ 
 Resolution 
  10 
  Re-election 
  of Marcia 
  Campbell               22,477,471     99.97     6,414      0.03         22,483,885     44.3     0 
                        -------------  --------  ---------  -----------  -------------  -------  ------------ 
 

*Includes discretionary votes

** A vote withheld is not a vote in law and, therefore cannot be counted in the calculation of the proportion of votes for and against a resolution.

For further information, please contact:

 
 Charles Stanley            Canaccord         Peel Hunt         Newgate Communications 
  Siobhan Griffiths          Genuity           Guy Wiehahn       Ian Silvera 
  Head of Communications     David Tyrrell     020 7418 8893     020 3757 6884 
  via Newgate                020 7523                            [e-mail] 
                             4677 
 

Notes to editors:

Charles Stanley traces its origins back directly to 1792 and is one of the oldest firms on the London Stock Exchange. Charles Stanley today provides holistic wealth management services to private clients, charities and smaller institutions. These are delivered by over 800 professionals located in 27 offices throughout the UK, both direct to clients and to intermediaries. Our services include investment portfolio management and financial planning, supported by in-house administration to enhance the quality of service provided. In addition, Charles Stanley Direct provides an award winning direct to customer execution-only dealing platform for equities and funds.

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.

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July 11, 2019 02:00 ET (06:00 GMT)