Connect Group PLC Result of AGM (7144O)

TIDMCNCT

RNS Number : 7144O

Connect Group PLC

31 January 2019

31 January 2019

Connect Group PLC

Result of 2019 Annual General Meeting

Connect Group PLC is pleased to announce that at its AGM held at 11.30am today, all resolutions put to the meeting were duly passed. All resolutions were voted on by way of a poll and the results of the poll for each resolution are shown below:

 
           Resolution                     For                   Against            Withheld 
                                    No. of        %      No. of votes     %      No. of votes 
                                     votes 
                                 ------------  -------  -------------  -------  ------------- 
      To receive the Annual 
       Report and Accounts 
       for the year ended 
 1     31 August 2018             146,541,027   99.98%      32,383      0.02%       11,573 
     --------------------------  ------------  -------  -------------  -------  ------------- 
      To approve the directors' 
       remuneration report 
       for the year ended 
 2     31 August 2018             144,131,838   99.71%     424,137      0.29%     2,029,008 
     --------------------------  ------------  -------  -------------  -------  ------------- 
 3    To elect Jos Opdeweegh      146,318,818   99.84%     238,175      0.16%       27,990 
     --------------------------  ------------  -------  -------------  -------  ------------- 
      To elect Michael 
 4     Holt                       146,319,878   99.84%     232,942      0.16%       32,163 
     --------------------------  ------------  -------  -------------  -------  ------------- 
 5    To elect Tony Grace         146,203,346   99.76%     348,792      0.24%       32,845 
     --------------------------  ------------  -------  -------------  -------  ------------- 
      To re-elect Gary 
 6     Kennedy                    113,655,684   78.00%    32,059,126    22.00%     870,172 
     --------------------------  ------------  -------  -------------  -------  ------------- 
      To re-elect Jonathan 
 7     Bunting                    146,192,837   99.76%     358,999      0.24%       33,147 
     --------------------------  ------------  -------  -------------  -------  ------------- 
      To re-elect Denise 
 8     Collis                     146,304,866   99.83%     250,989      0.17%       29,128 
     --------------------------  ------------  -------  -------------  -------  ------------- 
      To re-elect Mark 
 9     Whiteling                  146,223,678   99.78%     322,273      0.22%       39,032 
     --------------------------  ------------  -------  -------------  -------  ------------- 
      To re-appoint the 
 10    auditor                    146,074,375   99.74%     383,906      0.26%      126,701 
     --------------------------  ------------  -------  -------------  -------  ------------- 
      To authorise the 
       Audit Committee to 
       determine the auditor's 
 11    remuneration               146,434,951   99.91%     129,415      0.09%       20,617 
     --------------------------  ------------  -------  -------------  -------  ------------- 
      Authority to make 
 12    political donations        139,077,737   94.96%    7,389,083     5.04%      118,163 
     --------------------------  ------------  -------  -------------  -------  ------------- 
      Authority to allot 
 13    shares                     121,628,759   83.00%    24,911,086    17.00%      45,138 
     --------------------------  ------------  -------  -------------  -------  ------------- 
      Authority to partially 
       disapply pre-emption 
 14    rights*                    121,598,640   82.98%    24,939,952    17.02%      46,391 
     --------------------------  ------------  -------  -------------  -------  ------------- 
      Authority to disapply 
       pre-emption rights 
       in connection with 
       an acquisition or 
       specified capital 
 15    investment*                120,232,709   82.25%    25,954,839    17.75%     397,434 
     --------------------------  ------------  -------  -------------  -------  ------------- 
      Authority to make 
       market purchases 
 16    of ordinary shares*        145,139,807   99.03%    1,419,095     0.97%       26,080 
     --------------------------  ------------  -------  -------------  -------  ------------- 
      Authority to call 
       general meetings 
       (other than the AGM) 
       on 14 clear days' 
 17    notice*                    143,165,082   97.68%    3,403,071     2.32%       16,830 
     --------------------------  ------------  -------  -------------  -------  ------------- 
 

* Special resolution

The Board acknowledges the number of votes cast by a small number of shareholders against resolution 6 for the re-election of Gary Kennedy, Chairman. The Board has initiated dialogue with certain interested shareholders in order to better understand their voting decision and will continue to engage with shareholders over the course of the year on this matter. The Board will take those views into account, where appropriate, in order to ensure good corporate governance principles are maintained and will, pursuant to the 2018 Corporate Governance Code, report in the Company's 2019 Annual Report what steps have been taken by the Board in order to understand shareholders' views in relation to this resolution and what impact any feedback may have on future decisions to be taken by the Board and actions or resolutions proposed.

Notes:

1. Where shareholders appointed the Chairman as their proxy with discretion as to voting, their votes were cast in favour of the resolutions and have been included in the "For" total.

2. A "vote withheld" is not a vote in law and is not counted in the calculation of the percentages of the votes cast for and against a resolution.

3. The total number of shares in issue at 6.30pm on 29 January 2019 was 247,659,200. Votes were cast in respect of 59% of the issued share capital.

In accordance with the UK Listing Authority's Listing Rule 9.6.2, a copy of the special business passed at the AGM, being resolutions 12 to 17, has been submitted to the National Storage Mechanism at www.morningstar.co.uk/uk/NSM.

Adele Duff

Deputy Company Secretary

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January 31, 2019 08:16 ET (13:16 GMT)