GlobalData PLC Result of General Meeting and AGM (9595L)

TIDMDATA

RNS Number : 9595L

GlobalData PLC

24 April 2018

24 April 2018

GlobalData Plc

(the "Company")

Result of General Meeting and Annual General Meeting

On 29 March 2018, the Company announced that it had conditionally agreed to acquire the entire issued share capital of Research Views Limited, a company controlled by Mike Danson and Wayne Lloyd (and other minority shareholders). The announcement stated that completion of the Acquisition was conditional upon resolutions 1 and 2 being passed at the General Meeting and Admission.

The Company is pleased to announce that all of the resolutions put to Shareholders at the General Meeting and Annual General Meeting, both of which took place earlier today, were duly passed.

A summary of the votes lodged by proxy at the General Meeting is set out below:

 
 Resolution                       In Favour            Against           Number   Total votes 
                                                                       of votes          cast 
                                                                       withheld 
---------------------------  -------------------  -----------------  ----------  ------------ 
                               Number of       %   Number of      % 
                                   votes               votes 
---  ----------------------  -----------  ------  ----------  -----  ----------  ------------ 
      To approve 
       the Acquisition 
 1     Agreement              93,418,781   99.98         140   0.01     491,680    93,910,741 
---  ----------------------  -----------  ------  ----------  -----  ----------  ------------ 
      To authorise 
       the directors 
       to allot up 
       to 15,957,447 
       new Ordinary 
       Shares in connection 
 2     with the Acquisition   93,418,635   99.98         286   0.01     491,680    93,910,741 
---  ----------------------  -----------  ------  ----------  -----  ----------  ------------ 
      To authorise 
       the Directors 
       to allot shares 
       pursuant to 
       Section 551 
       of the Companies 
 3     Act 2006               93,414,015   99.98       4,906   0.01     491,680    93,910,741 
---  ----------------------  -----------  ------  ----------  -----  ----------  ------------ 
      To disapply 
       Section 561 
       of the Companies 
       Act 2006 in 
       relation to 
       certain allotments 
       of equity securities 
       and the sale 
       of treasury 
 4*    shares                 93,414,015   99.98       4,906   0.01     491,680    93,910,741 
---  ----------------------  -----------  ------  ----------  -----  ----------  ------------ 
      To authorise 
       the Company 
       generally to 
       make market 
       purchases in 
       accordance 
       with Section 
       701 of the 
       Companies Act 
 5*    2006                   93,910,461   99.98         140   0.01           0    93,910,741 
---  ----------------------  -----------  ------  ----------  -----  ----------  ------------ 
 

*Special Resolution

A summary of the votes lodged by proxy at the Annual General Meeting is set out below:

 
 Resolution                      In Favour            Against           Number   Total votes 
                                                                      of votes          cast 
                                                                      withheld 
--------------------------  -------------------  -----------------  ----------  ------------ 
                              Number of       %   Number of      % 
                                  votes               votes 
---  ---------------------  -----------  ------  ----------  -----  ----------  ------------ 
      To receive 
       the directors' 
       report and 
       accounts for 
       the financial 
       year ended 
       31 December 
       2017 and the 
       auditors' report 
 1     on the accounts       93,907,671     100           0      0           0    93,907,671 
---  ---------------------  -----------  ------  ----------  -----  ----------  ------------ 
      To declare 
       a final dividend 
       of 5.0 pence 
       per ordinary 
 2     share                 93,907,671     100           0      0           0    93,907,671 
---  ---------------------  -----------  ------  ----------  -----  ----------  ------------ 
      To re-appoint 
       Bernard Cragg 
       as a director 
 3     of the Company        93,903,051   99.99       4,620   0.01           0    93,907,671 
---  ---------------------  -----------  ------  ----------  -----  ----------  ------------ 
      To re-appoint 
       Michael Danson 
       as a director 
 4     of the Company        93,907,671     100           0      0           0    93,907,671 
---  ---------------------  -----------  ------  ----------  -----  ----------  ------------ 
      To re-appoint 
       Graham Lilley 
       as a director 
 5     of the Company        93,903,051   99.99       4,620   0.01           0    93,907,671 
---  ---------------------  -----------  ------  ----------  -----  ----------  ------------ 
      To re-appoint 
       Annette Barnes 
       as a director 
 6     of the Company        93,903,051   99.99       4,620   0.01           0    93,907,671 
---  ---------------------  -----------  ------  ----------  -----  ----------  ------------ 
      To re-appoint 
       Andrew Day 
       as a director 
 7     of the Company        93,903,051   99.99       4,620   0.01           0    93,907,671 
---  ---------------------  -----------  ------  ----------  -----  ----------  ------------ 
      To reappoint 
       Peter Harkness 
       as a director 
 8     of the Company        93,390,796   99.99       4,620   0.01     512,255    93,907,671 
---  ---------------------  -----------  ------  ----------  -----  ----------  ------------ 
      To re-appoint 
       Murray Legg 
       as a director 
 9     of the Company        93,903,051   99.99       4,620   0.01           0    93,907,671 
---  ---------------------  -----------  ------  ----------  -----  ----------  ------------ 
      To re-appoint 
       Grant Thornton 
       as auditors 
 10    of the Company        93,907,531   99.99         140   0.01           0    93,907,671 
---  ---------------------  -----------  ------  ----------  -----  ----------  ------------ 
      To authorise 
       the Audit Committee 
       to determine 
       the remuneration 
 11    of the auditors       93,907,531   99.99         140   0.01           0    93,907,671 
---  ---------------------  -----------  ------  ----------  -----  ----------  ------------ 
 

Notes:

   --      a vote withheld is not a vote in law and does not count in the total of votes cast. 

-- any proxy appointments which gave discretion to the chairman of the meeting have been included in the 'For' total.

-- the issued share capital of the Company eligible to vote on the Resolutions was 102,156,422 Ordinary Shares of 1/14 pence each.

Completion of the Acquisition remains conditional upon Admission.

Application has been made to the London Stock Exchange for the 15,957,447 new Ordinary Shares to be admitted to trading on AIM. It is expected that Admission will become effective and dealings in the new Ordinary Shares on AIM will commence at 8.00 a.m. on 25 April 2018. On Admission, the Acquisition will be automatically completed.

Total Voting Rights

Following Admission, the Company will have 118,303,869 Ordinary Shares in issue with 190,000 Ordinary Shares in treasury. Therefore the total number of voting rights in the Company will be 118,113,869; this figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change of interest in, the share capital of the Company.

Capitalised terms used but not defined in this announcement have the meanings set out in the circular dated 29 March 2018. Any changes to the expected date of Completion and Admission will be notified by the Company through a further announcement.

 
 GlobalData Plc 
  Bernard Cragg, Executive Chairman 
  Graham Lilley, Chief Financial 
  Officer                              0207 936 6400 
 N+1 Singer 
  James Maxwell 
  James White                          0207 496 3000 
 Hudson Sandler 
  Nick Lyon                            0207 796 4133 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

RAGGMGZDZDDGRZM

(END) Dow Jones Newswires

April 24, 2018 08:14 ET (12:14 GMT)