Hostelworld Group PLC Result of AGM (0181L)

TIDMHSW

RNS Number : 0181L

Hostelworld Group PLC

27 April 2020

LEI: 213800OC94PF2D675H41

Hostelworld Group plc

(the "Company")

RESULTS OF 2020 ANNUAL GENERAL MEETING

The Annual General Meeting ("AGM") of Hostelworld Group Plc (the "Company") was held at the offices of the Company, Floor 2, One Central Park, Leopardstown, Dublin 18, Ireland at 12 noon today.

At the AGM all the resolutions set out in the notice of AGM were duly passed on a poll.

The proxy votes were cast as follows:

 
 Resolution                      For          Against        Votes      Total proxy     Percentage 
                                                            withheld*    votes cast      of issued 
                                                                                       share capital 
                                                                                         voted (%) 
 1. To adopt the 
  reports of the 
  Directors and 
  Auditors and the 
  audited accounts 
  for the financial 
  year ended 31 
  December 2019               76,100,541      11,903         2,500      76,112,444        79.64% 
                               (99.98%)       (0.02%) 
                             -----------  --------------  -----------  ------------  --------------- 
 2. To approve 
  the Directors' 
  remuneration report         68,891,234     7,221,210       2,500      76,112,444        79.64% 
                               (90.51%)       (9.49%) 
                             -----------  --------------  -----------  ------------  --------------- 
 3. To re-elect 
  Michael Cawley 
  as a director               72,726,611     3,385,833       2,500      76,112,444        79.64% 
                               (95.55%)       (4.45%) 
                             -----------  --------------  -----------  ------------  --------------- 
 4. To re-elect 
  Carl G. Shepherd 
  as a director               68,901,808     7,210,637       2,500      76,112,445        79.64% 
                               (90.53%)       (9.47%) 
                             -----------  --------------  -----------  ------------  --------------- 
 5. To re-elect 
  Éimear Moloney 
  as a director               68,771,335     7,341,110       2,500      76,112,445        79.64% 
                               (90.35%)       (9.65%) 
                             -----------  --------------  -----------  ------------  --------------- 
 6. To re- elect 
  Gary Morrison 
  as a director               76,110,395       2,050         2,500      76,112,445        79.64% 
                               (100.00%)      (0.00%) 
                             -----------  --------------  -----------  ------------  --------------- 
 7. To re-elect 
  TJ Kelly as a 
  director                    76,102,180      10,265         2,500      76,112,445        79.64% 
                               (99.99%)       (0.01%) 
                             -----------  --------------  -----------  ------------  --------------- 
 8. To elect Evan 
  Cohen as a director         76,110,395       2,050         2,500      76,112,445        79.64% 
                               (100.00%)      (0.00%) 
                             -----------  --------------  -----------  ------------  --------------- 
 9. To re-appoint 
  Deloitte as auditors 
  to the Company              76,097,083      15,361         2,500      76,112,444        79.64% 
                               (99.98%)       (0.02%) 
                             -----------  --------------  -----------  ------------  --------------- 
 10. To authorise 
  the Directors 
  to fix the auditors' 
  remuneration                76,106,986       5,458         2,500      76,112,444        79.64% 
                               (99.99%)       (0.01%) 
                             -----------  --------------  -----------  ------------  --------------- 
 11. To authorise 
  the directors 
  to allot shares             75,981,922      130,523        2,500      76,112,445        79.64% 
                               (99.83%)       (0.17%) 
                             -----------  --------------  -----------  ------------  --------------- 
 12. To authorise 
  the directors 
  to dis-apply pre-emption 
  rights                      69,371,742     6,740,703       2,500      76,112,445        79.64% 
                               (91.14%)       (8.86%) 
                             -----------  --------------  -----------  ------------  --------------- 
 13. To authorise 
  the Company to 
  purchase its own 
  shares                      76,102,541   9,903 (0.01%)     2,500      76,112,444        79.64% 
                               (99.99%) 
                             -----------  --------------  -----------  ------------  --------------- 
                              75,602,212      510,232        2,500      76,112,444        79.64% 
                               (99.33%)       (0.67%) 
  14. To authorise 
   the Company to 
   make political 
   donations and 
   incur political 
   expenditure 
                             -----------  --------------  -----------  ------------  --------------- 
 15. To authorise 
  the calling of 
  a general meeting 
  other than an 
  Annual General 
  Meeting on not 
  less than 14 clear 
  days' notice                75,705,304      407,141        2,500      76,112,445        79.64% 
                               (99.47%)       (0.53%) 
                             -----------  --------------  -----------  ------------  --------------- 
 
 

Notes:

   (i)               Votes 'For' include those votes giving the Chairman discretion. 

(ii) The number of ordinary shares in issue on 27 April 2020 (excluding shares held in treasury) was 95,570,778. Shareholders are entitled to one vote per share.

(iii) A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes validly cast.

Resolutions 1 to 11 and 14 were passed as ordinary resolutions and Resolutions 12, 13 and 15 were passed as special resolutions.

In accordance with paragraph 9.6.2R of the Listing Rules copies of the resolutions passed at the AGM have been submitted to the UK Listing Authority via the National Storage Mechanism, and the Euronext, Dublin, and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

Publication of Articles of Association on the National Storage Mechanism

In accordance with paragraph 9.2.6E of the Listing Rules (disclosure of rights attached to equity shares), the Company has today uploaded to the National Storage Mechanism a copy of its Articles of Association (the "Articles"), which set out the principal rights and restrictions attached to its ordinary shares. A copy of the Articles will also shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

A copy of this announcement setting out the results of the AGM is also available on the Company's website at www.hostelworldgroup.com .

The full text of each of the resolutions is set out in the notice of AGM, copies of which are available on the Company's website (www.hostelworldgroup.com).

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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April 27, 2020 10:43 ET (14:43 GMT)