Costain Group PLC Result of AGM (2772Y)

TIDMCOST

RNS Number : 2772Y

Costain Group PLC

07 May 2019

Costain Group PLC

(the "Company")

Results of 2019 AGM

At the Company's Annual General Meeting held on 7 May 2019 (the "AGM"), the resolutions set out in the Notice of Meeting, circulated to shareholders on 22 March 2019, were passed by the requisite majorities. Resolutions 1 to 14 were passed as ordinary resolutions and Resolutions 15 to 19 were passed as special resolutions.

As at 6.30pm on 3 May 2019, the number of issued shares in the Company was 107,701,598 ordinary shares, which was the total number of shares entitling the holders to attend and vote for or against all the resolutions at the AGM. In accordance with the Company's Articles of Association, the resolutions were put to the meeting on a poll in which every member present in person or by proxy had one vote for every share held.

The poll results, on which Equiniti, the Company's registrar, acted as scrutineer, are as follows:

 
 RESOLUTION                    NUMBER      % of     NUMBER      % of    TOTAL VOTES     % of     NUMBER 
                              OF VOTES     Votes    OF VOTES    Votes       CAST       Voting     OF VOTES 
                                 FOR       Cast     AGAINST     Cast                   Capital    WITHHELD 
 Resolution 1 
  Receive the 
  2018 Annual 
  Report and Accounts        76,529,551   100.00       3,170     0.00    76,532,721     71.06%     391,404 
                            -----------  -------  ----------  -------  ------------  ---------  ---------- 
 Resolution 2 
  Approve the 
  Directors' Remuneration 
  Report                     73,020,938    99.73     201,243     0.27    73,222,181     67.99%   3,701,942 
                            -----------  -------  ----------  -------  ------------  ---------  ---------- 
 Resolution 3 
  Declare the 
  2018 final dividend        76,918,553   100.00       3,167     0.00    76,921,720     71.42%       2,405 
                            -----------  -------  ----------  -------  ------------  ---------  ---------- 
 Resolution 4 
  Re-elect 
  Dr Paul Golby              76,548,780    99.53     358,280     0.47    76,907,060     71.41%      17,064 
                            -----------  -------  ----------  -------  ------------  ---------  ---------- 
 Resolution 5 
  Re-elect 
  Mr Anthony Bickerstaff     76,734,850    99.77     173,339     0.23    76,908,189     71.41%      15,936 
                            -----------  -------  ----------  -------  ------------  ---------  ---------- 
 Resolution 6 
  Re-elect 
  Ms Jane Lodge              69,336,742    94.25   4,230,273     5.75    73,567,015     68.31%   3,357,109 
                            -----------  -------  ----------  -------  ------------  ---------  ---------- 
 Resolution 7 
  Re-elect 
  Ms Alison Wood             73,348,281    99.70     218,562     0.30    73,566,843     68.31%   3,357,281 
                            -----------  -------  ----------  -------  ------------  ---------  ---------- 
 Resolution 8 
  Re-elect 
  Mr David McManus           76,324,746    99.24     585,989     0.76    76,910,735     71.41%      13,390 
                            -----------  -------  ----------  -------  ------------  ---------  ---------- 
 Resolution 9 
  Re-elect 
  Ms Jacqueline 
  de Rojas                   76,697,748    99.72     212,672     0.28    76,910,420     71.41%      13,705 
                            -----------  -------  ----------  -------  ------------  ---------  ---------- 
 Resolution 10 
  Re-appoint PwC 
  as auditor                 76,772,468    99.93      57,224     0.07    76,829,692     71.34%      94,433 
                            -----------  -------  ----------  -------  ------------  ---------  ---------- 
 Resolution 11 
  Authorise the 
  auditor's remuneration     76,870,496    99.96      32,004     0.04    76,902,500     71.40%      21,625 
                            -----------  -------  ----------  -------  ------------  ---------  ---------- 
 Resolution 12 
  Authorise political 
  donations                  73,645,578    95.78   3,245,379     4.22    76,890,957     71.39%      33,168 
                            -----------  -------  ----------  -------  ------------  ---------  ---------- 
 Resolution 13 
  Authorise the 
  allotment of 
  shares                     76,442,492    99.39     469,593     0.61    76,912,085     71.41%      12,040 
                            -----------  -------  ----------  -------  ------------  ---------  ---------- 
 Resolution 14 
  Approve the 
  renewal of Scrip 
  Dividend Scheme            76,890,879    99.97      23,977     0.03    76,914,856     71.41%       9,269 
                            -----------  -------  ----------  -------  ------------  ---------  ---------- 
 Resolution 15 
  Approve the 
  disapplication 
  of pre-emption 
  rights (general)           76,736,561    99.81     144,645     0.19    76,881,206     71.38%      42,899 
                            -----------  -------  ----------  -------  ------------  ---------  ---------- 
 Resolution 16 
  Approve the 
  disapplication 
  of pre-emption 
  rights (acquisition 
  or capital investment)     75,538,427    98.25   1,343,554     1.75    76,881,981     71.38%      42,123 
                            -----------  -------  ----------  -------  ------------  ---------  ---------- 
 Resolution 17 
  Authorise the 
  purchase of 
  own shares                 76,373,812    99.46     413,029     0.54    76,786,841     71.30%     137,283 
                            -----------  -------  ----------  -------  ------------  ---------  ---------- 
 Resolution 18 
  Adopt new Articles 
  of Association             76,446,654    99.95      35,659     0.05    76,482,313     71.01%     441,790 
                            -----------  -------  ----------  -------  ------------  ---------  ---------- 
 Resolution 19 
  Approve the 
  holding of General 
  Meetings (not 
  AGMs) on 14 
  clear days' 
  notice                     75,882,472    98.66   1,031,107     1.34    76,913,579     71.41%      10,546 
                            -----------  -------  ----------  -------  ------------  ---------  ---------- 
 

Notes:

1. There were no restrictions on shareholders to cast votes on any of the resolutions proposed at the AGM.

2. Percentages are expressed as a proportion of the total votes cast (which does not include votes withheld).

3. A vote withheld is not a vote in law and is not included in the calculation of the votes 'For' or 'Against' the resolutions, nor the total votes cast.

4. Any proxy appointments which gave discretion to the Chairman have been included in the 'For' totals.

In accordance with Listing Rule 9.6.2R, copies of all resolutions passed at the AGM today, other than those concerning ordinary business, will be submitted to the National Storage Mechanism, where they will shortly be available for inspection at www.morningstar.co.uk/uk/nsm.aspx. In addition, copies of these resolutions will also be filed with Companies House.

The results of the 2019 AGM will be available to view on the Company's website at www.Costain.com.

7 May 2019

ENQUIRIES:

 
 Costain Group PLC     Tel: [phone] 
 Tracey Wood 
  Company Secretary 
 
 Instinctif Partners   Tel: [phone] 
 Mark Garraway 
 James Gray 
 

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May 07, 2019 11:50 ET (15:50 GMT)