Clarkson PLC Result of AGM (1540L)

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RNS Number : 1540L

Clarkson PLC

11 May 2022

Clarkson PLC

("Clarksons" or "the Company")

11 May 2022

Results of 2022 Annual General Meeting

At the Annual General Meeting ("AGM") of the Company, held electronically by video webcast at 12 noon today, all resolutions were passed on a poll. The total number of votes received on each resolution was as follows:

 
      Description      Votes for    % of votes       Votes against   % of votes cast   Votes cast as    Votes withheld 
                                    cast                                               % of issued 
                                                                                       share capital 
 1    Annual Report    23,441,766   99.99            2,636           0.01              76.87%           39,518 
     ---------------  -----------  ---------------  --------------  ----------------  ---------------  --------------- 
      Directors' 
      Remuneration 
 2    Report           13,600,372   62.77            8,068,207       37.23             71.05%           1,818,341 
     ---------------  -----------  ---------------  --------------  ----------------  ---------------  --------------- 
 3    Final dividend   23,473,464   99.96            8,862           0.04              77.00%           1,594 
     ---------------  -----------  ---------------  --------------  ----------------  ---------------  --------------- 
      Re-elect 
      Laurence 
 4    Hollingworth     18,887,648   80.61            4,544,168       19.39             76.83%           52,104 
     ---------------  -----------  ---------------  --------------  ----------------  ---------------  --------------- 
      Re-elect Andi 
 5    Case             23,437,761   99.85            34,372          0.15              76.96%           11,787 
     ---------------  -----------  ---------------  --------------  ----------------  ---------------  --------------- 
      Re-elect Jeff 
 6    Woyda            22,967,316   97.89            495,219         2.11              76.93%           21,385 
     ---------------  -----------  ---------------  --------------  ----------------  ---------------  --------------- 
      Re-elect Peter 
 7    Backhouse        23,303,876   99.47            124,535         0.53              76.82%           55,509 
     ---------------  -----------  ---------------  --------------  ----------------  ---------------  --------------- 
      Elect Martine 
 8    Bond             23,400,287   99.86            33,074          0.14              76.83%           50,559 
     ---------------  -----------  ---------------  --------------  ----------------  ---------------  --------------- 
      Re-elect Sue 
 9    Harris           19,482,629   83.14            3,950,782       16.86             76.84%           50,509 
     ---------------  -----------  ---------------  --------------  ----------------  ---------------  --------------- 
      Re-elect Dr 
 10   Tim Miller       17,902,905   76.54            5,486,286       23.46             76.69%           94,729 
     ---------------  -----------  ---------------  --------------  ----------------  ---------------  --------------- 
      Re-elect 
      Birger 
 11   Nergaard         19,454,244   82.95            3,997,985       17.05             76.90%           31,691 
     ---------------  -----------  ---------------  --------------  ----------------  ---------------  --------------- 
      Re-elect Heike 
 12   Truol            23,303,976   99.47            124,435         0.53              76.82%           55,509 
     ---------------  -----------  ---------------  --------------  ----------------  ---------------  --------------- 
      Reappoint PwC 
      as Auditor of 
 13   the Company      23,317,140   99.39            142,668         0.61              76.92%           24,112 
     ---------------  -----------  ---------------  --------------  ----------------  ---------------  --------------- 
      Authority for 
      the Board to 
      determine the 
      Auditor's 
 14   remuneration     23,336,045   99.40            140,020         0.60              76.97%           7,855 
     ---------------  -----------  ---------------  --------------  ----------------  ---------------  --------------- 
      Directors' 
      authority to 
 15   allot shares     23,271,169   99.15            198,582         0.85              76.95%           14,169 
     ---------------  -----------  ---------------  --------------  ----------------  ---------------  --------------- 
      Political 
 16   donations        23,266,869   99.53            110,524         0.47              76.65%           106,527 
     ---------------  -----------  ---------------  --------------  ----------------  ---------------  --------------- 
      Disapply 
      pre-emption 
 17   rights*          23,410,853   99.89            24,906          0.11              76.84%           48,161 
     ---------------  -----------  ---------------  --------------  ----------------  ---------------  --------------- 
      Purchase own 
 18   shares*          23,444,226   99.93            16,540          0.07              76.92%           23,154 
     ---------------  -----------  ---------------  --------------  ----------------  ---------------  --------------- 
      General 
      meeting notice 
 19   period*          23,225,936   98.94            249,982         1.06              76.97%           8,002 
     ---------------  -----------  ---------------  --------------  ----------------  ---------------  --------------- 
 

*Special resolution requiring 75% majority.

Notes:

1. Any proxy appointments which give discretion to the Chair have been included in the "for" total.

   2.   The total number of shares in issue is 30,498,336. 

3. A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "for" or "against" a resolution.

Statement regarding voting result

The Company notes that resolution 2 to approve the Directors' Remuneration Report and resolution 10 to approve the re-election of the Chair of the Remuneration Committee were passed with approximately 62.77% and 76.54% support respectively. We appreciate the support from most of our shareholders and will continue our engagement over the year ahead.

Availability of documents

This information will also shortly be available to view on the Company's website at www.clarksons.com/investors/

In accordance with Listing Rule 9.6.2R, copies of the resolutions (other than those comprising ordinary business) passed at the AGM will be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

In addition, copies of resolution 15 and resolutions 17 to 19 will be filed with Companies House.

For further details please contact:

Company enquiries:

Deborah Abrehart, Company Secretary

Tel: [phone]

Mob: [phone]

Camarco:

Billy Clegg

Tel: [phone]

Mob: [phone]

Jennifer Renwick

Tel: [phone]

Mob: [phone]

About Clarkson PLC

Clarkson PLC is the world's leading provider of integrated services and investment banking capabilities to the shipping and offshore markets, facilitating global trade.

Founded in 1852, Clarksons offers its diverse and growing client base an unrivalled range of shipbroking services, sector research, on-hand logistical support and full investment banking capabilities in all key shipping and offshore sectors. Clarksons continues to drive innovation across its business, developing digital solutions which underpin the Group's unrivalled expertise and knowledge with leading technology.

The Group employs over 1,600 people in 52 different offices across its four divisions and is number one or two in all its market segments.

The Company has delivered 19 years of consecutive dividend growth. The highly cash-generative nature of the business, supported by a strong balance sheet, has enabled Clarksons to continue to invest to position the business to capitalise on opportunities in its markets.

Clarksons is listed on the main market of the London Stock Exchange under the ticker CKN and is a member of the FTSE 250 Index.

For more information, visit www.clarksons.com .

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May 11, 2022 12:00 ET (16:00 GMT)