IP Group PLC Result of AGM (3405B)

TIDMIPO

RNS Number : 3405B

IP Group PLC

09 June 2021

 
 FOR RELEASE ON   09 June 2021 
 

IP Group plc - Results of Annual General Meeting

The Annual General Meeting of IP Group plc was held earlier today. All of the resolutions proposed at the Annual General Meeting were passed by the appropriate majority on a poll.

In accordance with Listing Rule 9.6.1, a copy of the resolutions has been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

IP Group plc Annual General Meeting Poll Results

 
    RESOLUTION                    VOTES       %      VOTES      %       VOTES        % of       VOTES 
                                   FOR               AGAINST            TOTAL      ISC VOTED   WITHHELD 
    ------------------------- 
    To receive the 
     Directors' Report, 
     the Audited Statement 
     of Accounts and 
     Auditor's Report 
     of the Company 
     for the financial 
     year ended 31 December 
1    2020.                     773,009,380  99.99    5,743     0.01  783,347,732    73.74     10,332,609 
    -------------------------               -----  ----------  ----  -----------  ----------  ---------- 
    To approve the 
     Directors' Remuneration 
     Report for the 
     year ended 31 December 
2    2020.                     760,157,189  97.72  17,765,700  2.28  783,347,732    73.74     5,424,843 
    -------------------------               -----  ----------  ----  -----------  ----------  ---------- 
    To declare a final 
     dividend of GBP0.01 
     per share of the 
     Company for the 
     year ended 31 December 
3    2020.                     782,604,678  99.91   722,435    0.09  783,347,732    73.74       20,619 
    -------------------------               -----  ----------  ----  -----------  ----------  ---------- 
    To authorise the 
     directors to offer 
     the holders of 
     shares of the Company 
     the right to elect 
     (in whole or part) 
     to receive new 
     shares instead 
     of cash and to 
4    allot new shares.         783,232,354  99.99    89,330    0.01  783,347,732    73.74       26,048 
    -------------------------               -----  ----------  ----  -----------  ----------  ---------- 
    To re-appoint KPMG 
     LLP as auditor 
5    of the Company.           777,776,918  99.30  5,512,116   0.70  783,347,732    73.74       58,698 
    -------------------------               -----  ----------  ----  -----------  ----------  ---------- 
    To authorise the 
     Directors to fix 
     the remuneration 
     of KPMG LLP as 
     auditor of the 
6    Company.                  783,202,923  99.99    89,121    0.01  783,347,732    73.74       55,688 
    -------------------------               -----  ----------  ----  -----------  ----------  ---------- 
    To re-elect Mr 
     Alan Aubrey as 
     a Director of the 
7    Company.                  754,243,537  96.29  29,047,564  3.71  783,347,732    73.74       56,631 
    -------------------------               -----  ----------  ----  -----------  ----------  ---------- 
    To re-elect Mr 
     David Baynes as 
     a Director of the 
8    Company.                  748,839,601  95.60  34,449,645  4.40  783,347,732    73.74       58,486 
    -------------------------               -----  ----------  ----  -----------  ----------  ---------- 
    To re-elect Dr 
     Caroline Brown 
     as a Director of 
9    the Company.              781,329,627  99.75  1,950,032   0.25  783,347,732    73.74       68,073 
    -------------------------               -----  ----------  ----  -----------  ----------  ---------- 
    To re-elect Mr 
     Heejae Chae as 
     Director of the 
10   Company.                  772,138,771  98.58  11,151,337  1.42  783,347,732    73.74       57,624 
    -------------------------               -----  ----------  ----  -----------  ----------  ---------- 
    To re-elect Sir 
     Douglas Flint as 
     a Director of the 
11   Company.                  781,411,807  99.76  1,895,400   0.24  783,347,732    73.74       40,525 
    -------------------------               -----  ----------  ----  -----------  ----------  ---------- 
    To re-elect Ms 
     Aedhmar Hynes as 
     a Director of the 
12   Company.                  782,021,078  99.84  1,270,886   0.16  783,347,732    73.74       55,768 
    -------------------------               -----  ----------  ----  -----------  ----------  ---------- 
    To re-elect Mr 
     Greg Smith as a 
     Director of the 
13   Company.                  776,301,890  99.11  6,994,315   0.89  783,347,732    73.74       51,527 
    -------------------------               -----  ----------  ----  -----------  ----------  ---------- 
    To re-elect Dr 
     Elaine Sullivan 
     as a Director of 
14   the Company.              782,050,905  99.84  1,247,164   0.16  783,347,732    73.74       49,663 
    -------------------------               -----  ----------  ----  -----------  ----------  ---------- 
    To re-elect Mr 
     Michael Townend 
     as a Director of 
15   the Company.              756,659,160  96.60  26,638,047  3.40  783,347,732    73.74       50,525 
    -------------------------               -----  ----------  ----  -----------  ----------  ---------- 
    To authorise the 
     Directors to 
     exercise all the 
     powers of the Company 
     to allot shares 
     / equity securities 
     subject to the 
     limits set out 
     in the Annual General 
     Meeting ("AGM") 
16   notice.                   776,802,655  99.17  6,510,012   0.83  783,347,732    73.74       35,065 
    -------------------------               -----  ----------  ----  -----------  ----------  ---------- 
    To empower the 
     Directors to allot 
     equity securities 
     for cash as if 
     section 561(1) 
     of the Companies 
     Act 2006 ("Act") 
     did not apply to 
     any such allotment, 
     subject to the 
     limits set out 
17   in the AGM notice.        779,998,525  99.58  3,301,611   0.42  783,347,732    73.74       47,596 
    -------------------------               -----  ----------  ----  -----------  ----------  ---------- 
    In addition to 
     the authority granted 
     under Resolution 
     16, to empower 
     the Directors to 
     allot equity securities 
     in connection with 
     an acquisition 
     or other capital 
     investment as if 
     section 561(1) 
     of the Act did 
     not apply to any 
     such allotment, 
     subject to the 
     limits set out 
18   in the AGM notice.        754,817,464  96.36  28,490,838  3.64  783,347,732    73.74       39,430 
    -------------------------               -----  ----------  ----  -----------  ----------  ---------- 
    To authorise the 
     Company and its 
     subsidiaries to 
     incur political 
     expenditure (as 
     defined in section 
     365 of the Act) 
     not exceeding GBP50,000 
19   in total.                 761,213,120  97.18  22,066,693  2.82  783,347,732    73.74       67,919 
    -------------------------               -----  ----------  ----  -----------  ----------  ---------- 
    To authorise the 
     Company to make 
     market purchases 
     (as defined in 
     section 693(4) 
     of the Act) of 
     the Company's ordinary 
     shares, subject 
     to the limits set 
     out in the AGM 
20   notice.                   777,637,134  99.30  5,521,006   0.70  783,347,732    73.74      189,592 
    -------------------------               -----  ----------  ----  -----------  ----------  ---------- 
    To enable a general 
     meeting other than 
     an Annual General 
     Meeting to be called 
     on not less than 
     14 clear days' 
21   notice.                   774,396,041  98.86  8,913,416   1.14  783,347,732    73.74       38,275 
    -------------------------               -----  ----------  ----  -----------  ----------  ---------- 
    To amend the Company's 
22   Articles of Association.  783,172,155  99.99   103,757    0.01  783,347,732    73.74       71,820 
    -------------------------               -----  ----------  ----  -----------  ----------  ---------- 
 

Ends

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June 09, 2021 06:29 ET (10:29 GMT)