Diploma PLC Result of AGM (0497A)

TIDMDPLM

RNS Number : 0497A

Diploma PLC

17 January 2024

10-11 CHARTERHOUSE SQUARE, LONDON EC1M 6EE

TELEPHONE: [phone]

FACSIMILE: [phone]

FOR IMMEDIATE RELEASE

17 JANUARY 2024

RESULT OF ANNUAL GENERAL MEETING ("AGM")

All of the resolutions put to shareholders at the AGM of Diploma PLC ("Diploma" or the "Company"") held today, were passed by poll votes. The full text of each resolution is contained in the Notice of Annual General Meeting, which is available on the Company's website. The results of the AGM have now been published on the Company's website at https://www.diplomaplc.com/investors/shareholder-centre/

The results of the poll incorporating proxy votes lodged in advance of the meeting are set out below (rounded to 2 decimal places).

Summary of Votes Cast

 
 Resolution        Description              For            %         Against         %          Withheld 
 
 
     1         REPORT AND ACCOUNTS       109,791,268     99.86%       149,897       0.14%         191,241 
                  FINAL DIVIDEND 
     2               OF 40.0p            110,106,900     99.98%        25,203       0.02%           303 
 
     3          RE-ELECT D.LOWDEN        89,602,546      82.43%      19,100,237     17.57%       1,429,623 
 
     4         RE-ELECT JD THOMSON       110,120,595     99.99%        8,089        0.01%          3,722 
 
     5          RE-ELECT C.DAVIES        109,709,969     99.62%       418,746       0.38%          3,691 
 
     6          RE-ELECT AP SMITH        106,711,904     97.29%      2,972,248      2.71%         448,254 
 
     7         RE-ELECT A.THORBURN       105,164,360     95.49%      4,964,322      4.51%          3,724 
 
     8             ELECT J.WARD          109,948,013     99.84%       180,671       0.16%          3,722 
 
     9           RE-ELECT G.HUSE         107,384,550     97.51%      2,743,763      2.49%          4,093 
 
     10          RE-ELECT D.FINCH        107,482,864     97.60%      2,645,074      2.40%          4,468 
 
     11         RE-APPOINT AUDITOR       109,948,957     99.84%       176,199       0.16%          7,250 
                 REMUNERATION OF 
     12              AUDITORS            110,123,824     100.00%       4,447        0.00%          4,135 
 
     13        REMUNERATION REPORT       103,761,729     94.22%      6,365,795      5.78%          4,882 
                AUTHORITY TO ALLOT 
     14               SHARES             104,873,867     95.23%      5,254,954      4.77%          3,585 
                  DISAPPLICATION 
                  OF PRE-EMPTION 
  15 (SR)             RIGHTS             108,953,871     99.20%       874,159       0.80%         304,376 
              FURTHER DISAPPLICATION 
                  OF PRE-EMPTION 
  16 (SR)             RIGHTS             108,007,226     98.34%      1,820,704      1.66%         304,476 
                AUTHORITY TO MAKE 
                 MARKET PURCHASES 
  17 (SR)       OF ORDINARY SHARES       109,513,523     99.85%       159,814       0.15%         459,069 
 
  18 (SR)     DIVIDEND RATIFICATION      109,919,065     100.00%       3,397        0.00%         36,697 
 
  19 (SR)     CALL GENERAL MEETINGS      105,602,091     95.89%      4,524,593      4.11%          5,722 
                                                                                              ------------ 
 

Notes:

   1.     A total of 110,123,824 votes were validly cast. 

2. The Company's Issued Share Capital ("ISC") is 134,091,975 ordinary shares of 5p each and the proportion of the ISC represented by those votes validly cast is 82.13%.

   3.     A vote withheld is not a vote in law and is not counted. 

In relation to Resolution 18, HMRC has confirmed that, as set out in Schedule 1 of the Notice of Annual General Meeting:

a. the full amount of the FY21 Interim Dividend will continue to be treated as a distribution for UK tax purposes, meaning such amount is deemed to have been paid for UK tax purposes as at the date of payment on 16 June 2021; and

b. the proposed release of claims against shareholders who were recipients of the Relevant Dividend (the "Recipient Shareholders") will not impact the tax treatment of the distribution for Recipient Shareholders who are UK tax resident.

If any UK resident shareholder has any doubts about his or her tax position, he or she should consult with an independent professional advisor.

In accordance with Listing Rule 9.6.1, a copy of the resolutions, other than those concerning ordinary business has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

Terms used but not defined in this announcement have the meaning set out in the Notice of Annual General Meeting.

J Morrison

Group General Counsel & Company Secretary

Diploma PLC

For further information, please contact:

 
 Diploma PLC -                           [phone] 
 John Morrison, Group General Counsel 
  & Company Secretary 
 
 

LEI:2138008OGI7VYG8FGR19

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

RAGFLFFELIIDLIS

(END) Dow Jones Newswires

January 17, 2024 10:21 ET (15:21 GMT)