Countrywide PLC Result of AGM (8001X)

TIDMCWD

RNS Number : 8001X

Countrywide PLC

01 May 2019

1 May 2019

Countrywide plc

Voting results of Annual General Meeting held on 30 April 2019

Countrywide plc ("the Company") announces that its Annual General Meeting ("AGM") held at Vintners Place, 68 Upper Thames Street, London EC4V 3BJ on 30 April 2019 at 10.00am was successfully concluded. All resolutions were duly passed by shareholders by way of a poll. The voting results are below and the voting represents 88.84% of the issued share capital of 1,638,050,452 shares.

As required by Listing Rule 9.6.3R, a copy of resolution 19, not being ordinary business, has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.

The poll results will also be posted on the Company's website.

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

Resolutions 15, 16, 18 and 19 were special resolutions and the full text of all of the resolutions is set out in the Notice of AGM on the Company's website.

The Company notes that more than 20% of the votes cast on resolution 6 ("Re-election of Caleb Kramer as a director") were against that resolution. In accordance with the UK Corporate Governance Code, the Company will consult with shareholders to understand the reasons behind the result on that resolution and will in due course provide an update on the views received from shareholders.

Countrywide - Poll Results by All Shareholders

 
 RESOLUTION                                                         VOTES 
                                 -------------------------------------------------------------------------- 
                                           FOR                   AGAINST         WITHHELD         TOTAL 
                                 -----------------------  --------------------  -----------  -------------- 
                                  Votes           %              Votes   %            Votes 
                                 --------------  -------  ------------  ------  -----------  -------------- 
      Company's annual 
 1     report and accounts        1,454,218,207   100.00         6,514    0.00      972,009   1,454,224,721 
     --------------------------  --------------  -------  ------------  ------  -----------  -------------- 
 2    Remuneration                1,406,084,725    96.63    49,109,956    3.37        2,048   1,455,194,681 
     --------------------------  --------------  -------  ------------  ------  -----------  -------------- 
      Re-election of 
 3     Peter Long                 1,448,755,327    99.56     6,434,228    0.44        7,174   1,455,189,555 
     --------------------------  --------------  -------  ------------  ------  -----------  -------------- 
      Re-election of 
 4     David Watson               1,453,933,351    99.91     1,256,865    0.09        6,514   1,455,190,216 
     --------------------------  --------------  -------  ------------  ------  -----------  -------------- 
      Re-election of 
 5     Himanshu Raja              1,454,289,523    99.94       900,693    0.06        6,514   1,455,190,216 
     --------------------------  --------------  -------  ------------  ------  -----------  -------------- 
      Re-election of 
 6     Caleb Kramer               1,074,345,528    74.30   371,586,633   25.70    9,264,568   1,445,932,161 
     --------------------------  --------------  -------  ------------  ------  -----------  -------------- 
      Re-election of 
 7     Jane Lighting              1,453,947,358    99.91     1,249,372    0.09            0   1,455,196,730 
     --------------------------  --------------  -------  ------------  ------  -----------  -------------- 
      Re-election of 
 8     Rupert Gavin               1,455,138,083   100.00        49,324    0.00        9,323   1,455,187,407 
     --------------------------  --------------  -------  ------------  ------  -----------  -------------- 
      Re-election of 
 9     Natalie Ceeney             1,453,947,074    99.91     1,249,656    0.09            0   1,455,196,730 
     --------------------------  --------------  -------  ------------  ------  -----------  -------------- 
      Re-election of 
 10    Paul Creffield             1,455,162,667   100.00        34,063    0.00            0   1,455,196,730 
     --------------------------  --------------  -------  ------------  ------  -----------  -------------- 
      Re-election of 
 11    Mark Shuttleworth          1,455,143,776   100.00        46,440    0.00        6,514   1,455,190,216 
     --------------------------  --------------  -------  ------------  ------  -----------  -------------- 
      Reappointment 
 12    of auditor                 1,431,172,309    99.51     7,024,420    0.49   17,000,000   1,438,196,729 
     --------------------------  --------------  -------  ------------  ------  -----------  -------------- 
      Remuneration of 
       auditor to be 
       determined by 
       the Audit and 
 13    Risk Committee             1,432,399,851    99.60     5,787,556    0.40   17,009,323   1,438,187,407 
                                                 -------                        -----------  -------------- 
      Authority to allot 
 14    shares                     1,455,053,824    99.99       136,310    0.01        6,596   1,455,190,134 
                                                 -------                        -----------  -------------- 
      General power 
       to disapply pre-emption 
       rights (special 
 15    resolution)                1,455,111,053    99.99        79,081    0.01        6,596   1,455,190,134 
     --------------------------  --------------  -------  ------------  ------  -----------  -------------- 
      Additional authority 
       to disapply pre-emption 
       rights for the 
       purposes of acquisitions 
       or capital investments 
 16    (special resolution)       1,247,181,370    85.71   208,008,763   14.29        6,596   1,455,190,133 
     --------------------------  --------------  -------  ------------  ------  -----------  -------------- 
 17   Political donations         1,455,031,926    99.99       162,597    0.01        2,207   1,455,194,523 
     --------------------------  --------------  -------  ------------  ------  -----------  -------------- 
      Authority to make 
       market purchases 
 18    (special resolution)       1,453,882,354    99.91     1,314,375    0.09            0   1,455,196,729 
     --------------------------  --------------  -------  ------------  ------  -----------  -------------- 
      Cancellation of 
       share premium 
       account (special 
 19    resolution)                1,455,148,228   100.00        42,242    0.00        6,260   1,455,190,470 
     --------------------------  --------------  -------  ------------  ------  -----------  -------------- 
 

Notes:-

   1)   Percentage of votes cast for proxy votes results calculated excludes withheld votes. 
   2)   Total of ordinary shares in issue (eligible to vote) 1,638,050,452. 
   3)   Total of votes received per Resolution (including withheld votes) 1,455,196,730 
   4)   Participation level per Resolution (including withheld votes) 88.84% 

Gareth Williams

Company Secretary

Contacts:

Investors

Himanshu Raja, Chief Financial Officer

[e-mail]

Media

   [e-mail]         Tel: [phone] 
   Hudson Sandler                                  Tel: [phone] 

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May 01, 2019 11:30 ET (15:30 GMT)