Euromoney Institutional InvestorPLC Result of AGM (1883B)

TIDMERM

RNS Number : 1883B

Euromoney Institutional InvestorPLC

28 January 2020

EUROMONEY INSTITUTIONAL INVESTOR PLC

RESULT OF ANNUAL GENERAL MEETING

28 January 2020

Euromoney Institutional Investor PLC ("Euromoney"), the global information business providing essential B2B information to global and specialist markets, is pleased to announce that shareholders passed all resolutions proposed at the Annual General Meeting ("AGM") held this morning at 9.30am at the Company's registered office.

All resolutions detailed in the Notice of Meeting dated 16 December 2019 were passed by poll vote, with 87.01% of the issued share capital voted, and the following table summarises the final proxy voting:

 
      Resolution                      For         %       Against       %     Withheld 
 1    2019 Report and Accounts     94,742,227   99.80       189,441   0.20      126,208 
     ---------------------------  -----------  -------  -----------  ------  ---------- 
 2    Remuneration Report          88,394,936   98.85     1,031,967   1.15    5,630,973 
     ---------------------------  -----------  -------  -----------  ------  ---------- 
 3    Final Dividend               95,057,335   100.00          541   0.00            0 
     ---------------------------  -----------  -------  -----------  ------  ---------- 
      Election of Leslie Van 
 4     de Walle                    94,027,244   98.92     1,030,195   1.08          437 
     ---------------------------  -----------  -------  -----------  ------  ---------- 
 5    Election of Tim Pennington   95,048,304   100.00        2,484   0.00        7,088 
     ---------------------------  -----------  -------  -----------  ------  ---------- 
 6    Re-election of Jan Babiak    94,828,094   99.76       229,345   0.24          437 
     ---------------------------  -----------  -------  -----------  ------  ---------- 
      Re-election of Colin 
 7     Day                         94,828,155   99.76       229,284   0.24          437 
     ---------------------------  -----------  -------  -----------  ------  ---------- 
      Re-election of Imogen 
 8     Joss                        92,326,219   99.74       245,284   0.26    2,486,373 
     ---------------------------  -----------  -------  -----------  ------  ---------- 
      Re-election of Wendy 
 9     Pallot                      94,814,997   99.75       242,381   0.25          498 
     ---------------------------  -----------  -------  -----------  ------  ---------- 
      Re-election of Andrew 
 10    Rashbass                    94,856,603   99.79       199,899   0.21        1,374 
     ---------------------------  -----------  -------  -----------  ------  ---------- 
      Re-election of Lorna 
 11    Tilbian                     72,901,121   77.08    21,682,535   22.92     474,220 
     ---------------------------  -----------  -------  -----------  ------  ---------- 
 12   Re-appointment of auditors   95,054,124   100.00        3,752   0.00            0 
     ---------------------------  -----------  -------  -----------  ------  ---------- 
      Auditors' remuneration 
 13    authority                   95,053,797   100.00        3,642   0.00          437 
     ---------------------------  -----------  -------  -----------  ------  ---------- 
 14   Allotment authority          87,948,049   92.52     7,109,390   7.48          437 
     ---------------------------  -----------  -------  -----------  ------  ---------- 
      Pre-emptive allotment 
 15    authority                   94,877,094   99.82       174,036   0.18        6,746 
     ---------------------------  -----------  -------  -----------  ------  ---------- 
      Pre-emptive allotment 
 16    authority                   84,144,598   88.53    10,906,532   11.47       6,746 
     ---------------------------  -----------  -------  -----------  ------  ---------- 
 17   Purchase own shares          94,025,404   98.93     1,014,314   1.07       18,158 
     ---------------------------  -----------  -------  -----------  ------  ---------- 
      Permitted Borrowing 
 18    Limits                      90,254,382   94.95     4,802,417   5.05        1,077 
     ---------------------------  -----------  -------  -----------  ------  ---------- 
 19   Articles of Association      90,262,248   94.96     4,794,551   5.04        1,077 
     ---------------------------  -----------  -------  -----------  ------  ---------- 
      General meetings at 
 20    short notice                93,935,650   98.82     1,121,149   1.18        1,077 
     ---------------------------  -----------  -------  -----------  ------  ---------- 
 

The Company notes that more than 20% of the votes cast on resolution 11 ("Re-election of Lorna Tilbian as a non-executive 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.

Any discretionary proxy votes have been aggregated within the 'For' total above. Any votes withheld are not a vote in law and have not been included in the above calculations. The issued share capital and total voting rights as at the date of the meeting were both 109,249,352 ordinary shares.

A copy of the resolutions passed at the meeting which were not ordinary business has been forwarded today to the National Storage Mechanism in accordance with LR 9.6.2 of the Financial Conduct Authority's UKLA Listing Rules.

Confirmation of Board Change following the AGM

Tristan Hillgarth stepped down from the Board as a non-executive Director immediately following the AGM, having served for over seven years.

Final dividend payment date

The Company's final dividend for the financial year ended 30 September 2019 will be paid on 13 February 2020 to shareholders on the register as at the record date of 29 November 2019.

Ends

For further information, please contact:

Euromoney Institutional Investor PLC

Tim Bratton, Group General Counsel & Company Secretary

[phone]

[e-mail]

FTI Consulting

Charles Palmer / Jamie Ricketts / Amy Hurnell / Jamille Smith

[phone]

[e-mail]

About Euromoney Institutional Investor PLC

Euromoney is a global information business providing essential B2B information to global and specialist markets. Euromoney provides discovery, market intelligence and events across our segments. Euromoney is listed on the London Stock Exchange and is a member of the FTSE 250 share index.

www.euromoneyplc.com

LEI number: 213800PZU2RGHMHE2S67

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.

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January 28, 2020 08:17 ET (13:17 GMT)