Inchcape PLC Result of AGM (6585N)

TIDMINCH

RNS Number : 6585N

Inchcape PLC

21 May 2020

Inchcape plc (the "Company")

21 May 2020

Result of Annual General Meeting

The Company announces that all resolutions proposed at the Annual General Meeting of the Company held earlier today were passed.

Details of the votes cast on all resolutions are set out below and will also be available on the Company's website: www.inchcape.com

In accordance with UK Listing Rule 9.6.2, copies of all the resolutions passed, other than ordinary business, have been submitted to the National Storage Mechanism and will shortly be available for inspection.

 
 Resolution                        Votes For    % For     Votes      % Against   Votes Withheld 
                                                          Against 
 1. To receive the 
  Accounts and Directors' 
  and Auditors Reports            344,699,736   99.60   1,376,082      0.40         727,001 
                                 ------------  ------  -----------  ----------  --------------- 
 2. To approve the 
  Directors' Report 
  on Remuneration                 277,213,236   84.10   52,429,638     15.90       17,159,945 
                                 ------------  ------  -----------  ----------  --------------- 
 3. To approve the 
  Remuneration Policy             323,620,872   94.50   18,822,513     5.50        4,359,434 
                                 ------------  ------  -----------  ----------  --------------- 
 5. To re-elect Stefan 
  Bomhard as a Director           346,554,027   99.93    231,251       0.07          17,541 
                                 ------------  ------  -----------  ----------  --------------- 
 6. To elect Jerry 
  Buhlmann as a Director          344,228,684   99.26   2,557,972      0.74          16,163 
                                 ------------  ------  -----------  ----------  --------------- 
 7. To elect Gijsbert 
  de Zoeten                       345,666,767   99.68   1,119,781      0.32          16,271 
                                 ------------  ------  -----------  ----------  --------------- 
 8. To re-elect Rachel 
  Empey as a Director             345,346,180   99.58   1,443,698      0.42          12,941 
                                 ------------  ------  -----------  ----------  --------------- 
 9. To elect Alexandra 
  Jensen as a Director            346,504,862   99.92    280,910       0.08          17,047 
                                 ------------  ------  -----------  ----------  --------------- 
 10. To re-elect Jane 
  Kingston as a Director          332,228,443   95.80   14,560,313     4.20          14,063 
                                 ------------  ------  -----------  ----------  --------------- 
 11. To re-elect John 
  Langston as a Director          345,305,534   99.57   1,482,244      0.43          15,041 
                                 ------------  ------  -----------  ----------  --------------- 
 12. To re-elect Nigel 
  Stein as a Director             342,881,724   98.87   3,906,054      1.13          15,041 
                                 ------------  ------  -----------  ----------  --------------- 
 13. To re-elect Till 
  Vestring as a Director          344,179,889   99.25   2,607,889      0.75          15,041 
                                 ------------  ------  -----------  ----------  --------------- 
 14. To reappoint Deloitte 
  LLP as Auditors                 345,267,832   99.56   1,533,162      0.44          1,825 
                                 ------------  ------  -----------  ----------  --------------- 
 15. To authorise the 
  Audit Committee of 
  the Board to determine 
  the Auditors' remuneration      346,624,945   99.95    166,480       0.05          11,394 
                                 ------------  ------  -----------  ----------  --------------- 
 16. To authorise the 
  Directors to allot 
  relevant securities 
  pursuant to section 
  560(1) of the Companies 
  Act 2006                        344,392,398   99.31   2,404,960      0.69          5,461 
                                 ------------  ------  -----------  ----------  --------------- 
 17. To empower the 
  Directors to disapply 
  statutory pre-emption 
  rights on the allotment 
  of shares                       346,607,151   99.95    170,098       0.05          25,570 
                                 ------------  ------  -----------  ----------  --------------- 
 18. To empower the 
  Directors to disapply 
  statutory pre-emption 
  rights on the allotment 
  of shares for an acquisition 
  or capital investment           339,147,787   97.80   7,633,868      2.20          21,164 
                                 ------------  ------  -----------  ----------  --------------- 
 19. To authorise the 
  Company to make market 
  purchases of its ordinary 
  shares up to 10.0% 
  of its issued share 
  capital                         338,708,934   97.80   7,602,292      2.20         491,593 
                                 ------------  ------  -----------  ----------  --------------- 
 20. Notice of Meetings           338,268,383   97.54   8,532,757      2.46          1,679 
                                 ------------  ------  -----------  ----------  --------------- 
 

Ends

Notes to editors

Inchcape is the leading independent multi-brand Automotive Distributor and Retailer, operating in 33 markets with a portfolio of the world's leading automotive brands. Inchcape has diversified multi-channel revenue streams including sale of new and used vehicles, parts, service, finance and insurance. The Company has been listed on the London Stock Exchange since 1958, is headquartered in London and employs around 17,200 people. www.inchcape.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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May 21, 2020 09:21 ET (13:21 GMT)