Games Workshop Group PLC AGM Voting Results (2198Z)

TIDMGAW

RNS Number : 2198Z

Games Workshop Group PLC

16 September 2020

Games Workshop Group PLC

(the "Company")

2020 AGM voting results

For immediate release 16 September 2020

At the AGM held today at 10am, all of the resolutions, as set out in the notice of meeting, were duly passed on a poll by the shareholders. Details of the proxy votes received in respect of each resolution are detailed below and will be posted on the Company's investor relations website at investor.games-workshop.com

 
                                                                                            % of ISC 
                                                                                               voted 
                                                             Votes               Votes    (exc votes         Votes 
                                          Votes      %     against      %        total     withheld)     withheld* 
                                            for 
 Ordinary 
  business 
              --------------------  -----------  -----  ----------  -----  -----------  ------------  ------------ 
               To receive 
 Resolution     the 2020 
  1             annual report        20,973,034   99.9       3,645    0.1   20,976,679          64.2       307,682 
              --------------------  -----------  -----  ----------  -----  -----------  ------------  ------------ 
               To re-elect 
 Resolution     Kevin Rountree 
  2             as a director        21,158,964   99.4     124,905    0.6   21,283,869          65.1           493 
              --------------------  -----------  -----  ----------  -----  -----------  ------------  ------------ 
               To re-elect 
 Resolution     Rachel Tongue 
  3             as a director        21,149,338   99.4     134,302    0.6   21,283,640          65.1           722 
              --------------------  -----------  -----  ----------  -----  -----------  ------------  ------------ 
               To re-elect 
 Resolution     Nick Donaldson 
  4             as a director        14,030,878   73.2   5,140,662   26.8   19,171,540          58.7     2,112,821 
              --------------------  -----------  -----  ----------  -----  -----------  ------------  ------------ 
               To re-elect 
 Resolution     Elaine O'Donnell 
  5             as a director        21,182,396   99.5     100,744    0.5   21,283,140          65.1         1,222 
              --------------------  -----------  -----  ----------  -----  -----------  ------------  ------------ 
               To re-elect 
 Resolution     John Brewis 
  6             as a director        20,500,102   96.3     783,037    3.7   21,283,139          65.1         1,222 
              --------------------  -----------  -----  ----------  -----  -----------  ------------  ------------ 
               To re-elect 
 Resolution     Kate Marsh 
  7             as a director        21,188,808   99.6      94,105    0.4   21,282,913          65.1         1,449 
              --------------------  -----------  -----  ----------  -----  -----------  ------------  ------------ 
               To re-appoint 
                Pricewaterhouse 
 Resolution     Coopers LLP 
  8             as auditors          21,004,967   98.7     278,554    1.3   21,283,521          65.1           840 
              --------------------  -----------  -----  ----------  -----  -----------  ------------  ------------ 
               To authorise 
                the directors 
                to fix the 
 Resolution     auditors 
  9             remuneration         21,280,702   100%       2,524    0.0   21,283,226          65.1         1,136 
              --------------------  -----------  -----  ----------  -----  -----------  ------------  ------------ 
               To approve 
                the remuneration 
                report (excluding 
                the directors' 
 Resolution     remuneration 
  10            policy)              20,434,999   96.3     785,639    3.7   21,220,638          64.9        63,723 
              --------------------  -----------  -----  ----------  -----  -----------  ------------  ------------ 
 
 
 Special 
  business 
               To authorise 
                the directors 
                to allot 
 Resolution     relevant 
  11            securities          21,199,646   99.6    81,830   0.4   21,281,476   65.1    2,886 
              -------------------  -----------  -----  --------  ----  -----------  -----  ------- 
               To disapply 
 Resolution     pre-emption 
  12            rights              21,184,687   99.5    95,042   0.5   21,279,729   65.1    4,633 
              -------------------  -----------  -----  --------  ----  -----------  -----  ------- 
               To authorise 
                the directors 
                to make market 
                purchases 
 Resolution     of the Company's 
  13            own shares          21,006,685   99.1   191,798   0.9   21,198,483   64.9   85,878 
              -------------------  -----------  -----  --------  ----  -----------  -----  ------- 
 

i)* A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes for and against resolutions

ii) Any votes that give discretion to the Chairman have been included in the "For" total.

iii) At close of business of 15 September 2020 there were 32,677,136 shares in issue.

The Board notes the result of Resolution 4 (the re-appointment of Nick Donaldson). From our previous communications with investors and proxy voting agencies, we understand that the concerns are largely in relation to Mr Donaldson being overboarded in terms of the calls on his time. The Board is confident that Mr Donaldson discharges effectively his role as Chairman, notwithstanding his other board commitments. As referenced in our recent Annual Report, Mr Donaldson will be standing down from the role of Chairman of Games Workshop with effect from 1 January 2021, and from the Board of Games Workshop no later than the 2021 AGM.

In accordance with Listing Rule 9.6.2, copies of the resolutions passed as special business of the meeting will be uploaded to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM .

For further information, please contact:

 
 Games Workshop Group PLC 
 Kevin Rountree, CEO 
 Rachel Tongue, Group Finance 
  Director 
 
 Investor relations website       http://investor.games-workshop.com 
 General website                              www.games-workshop.com 
 
 
 
 

The 2020 annual report and all other recent announcements may be viewed at the investor relations website at the address above.

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September 16, 2020 11:20 ET (15:20 GMT)