Games Workshop Group PLC AGM voting results and dividend dates (8295M)

TIDMGAW

RNS Number : 8295M

Games Workshop Group PLC

18 September 2019

Games Workshop Group PLC

(the "Company")

2019 AGM voting results and dividend dates update

For immediate release 18 September 2019

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 2019 
  1             annual report        20,505,956    100       5,795    0.0   20,511,751          63.1        90,532 
              --------------------  -----------  -----  ----------  -----  -----------  ------------  ------------ 
               To re-elect 
 Resolution     Kevin Rountree 
  2             as a director        20,520,720   99.6      81,064    0.4   20,601,784          63.4           500 
              --------------------  -----------  -----  ----------  -----  -----------  ------------  ------------ 
               To re-elect 
 Resolution     Rachel Tongue 
  3             as a director        20,492,286   99.5     108,535    0.5   20,600,821          63.4         1,462 
              --------------------  -----------  -----  ----------  -----  -----------  ------------  ------------ 
               To re-elect 
 Resolution     Nick Donaldson 
  4             as a director        14,929,261   73.4   5,420,793   26.6   20,350,054          62.6       252,229 
              --------------------  -----------  -----  ----------  -----  -----------  ------------  ------------ 
               To re-elect 
 Resolution     Elaine O'Donnell 
  5             as a director        20,441,172   99.2     160,501    0.8   20,601,673          63.4           610 
              --------------------  -----------  -----  ----------  -----  -----------  ------------  ------------ 
               To re-elect 
 Resolution     John Brewis 
  6             as a director        19,751,139   95.9     850,534    4.1   20,601,673          63.4           610 
              --------------------  -----------  -----  ----------  -----  -----------  ------------  ------------ 
               To elect 
 Resolution     Kate Marsh 
  7             as a director        20,601,164    100         510    0.0   20,601,673          63.4           610 
              --------------------  -----------  -----  ----------  -----  -----------  ------------  ------------ 
               To re-appoint 
                Pricewaterhouse 
 Resolution     Coopers LLP 
  8             as auditors          20,597,108    100       4,675    0.0   20,601,783          63.4           500 
              --------------------  -----------  -----  ----------  -----  -----------  ------------  ------------ 
               To authorise 
                the directors 
                to fix the 
 Resolution     auditors 
  9             remuneration         20,601,784    100         500    0.0   20,602,284          63.4             0 
              --------------------  -----------  -----  ----------  -----  -----------  ------------  ------------ 
               To approve 
                the remuneration 
                report (excluding 
                the directors' 
 Resolution     remuneration 
  10            policy)              18,558,641   90.2   2,026,109    9.8   20,584,750          63.3        17,533 
              --------------------  -----------  -----  ----------  -----  -----------  ------------  ------------ 
 
 
 Special 
  business 
               To authorise 
                the directors 
                to allot 
 Resolution     relevant 
  11            securities          20,581,498   99.9   20,704   0.1   20,602,202   63.4       82 
              -------------------  -----------  -----  -------  ----  -----------  -----  ------- 
               To disapply 
 Resolution     pre-emption 
  12            rights              20,597,639    100    2,682   0.0   20,600,321   63.4    1,963 
              -------------------  -----------  -----  -------  ----  -----------  -----  ------- 
               To authorise 
                the directors 
                to make market 
                purchases 
 Resolution     of the Company's 
  13            own shares          20,554,067    100    6,111   0.0   20,560,178   63.3   42,105 
              -------------------  -----------  -----  -------  ----  -----------  -----  ------- 
 

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 17 September 2019 there were 32,502,716 shares in issue.

The Board notes the result of Resolution 4 (the re-appointment of Nick Donaldson). From our ongoing 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 will consult with those shareholders who did not vote in favour to understand their views with respect to Mr Donaldson's multiple board commitments. The Board is confident that Mr Donaldson discharges effectively his role as Chairman, notwithstanding his other board commitments.

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.

Dividend dates

In relation to announcement made earlier today regarding the dividend of 35 pence per share, which will be paid on 8 November 2019 for shareholders on the register at 27 September 2019, with an ex-dividend date of 26 September 2019. The last date for elections for the dividend re-investment plan is 18 October 2019 and not 11 October 2019 as previously stated.

For further information, please contact:

 
 Games Workshop Group PLC                              0115 900 4003 
 Kevin Rountree, CEO 
 Rachel Tongue, Group Finance 
  Director 
 
 Investor relations website       http://investor.games-workshop.com 
 General website                              www.games-workshop.com 
 
 
 
 

The 2019 annual report and all other recent announcements may be viewed at the investor relations website at the address above.

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.

END

STRFMGMLMRVGLZM

(END) Dow Jones Newswires

September 18, 2019 07:40 ET (11:40 GMT)