KAZ Minerals PLC Result of AGM (9435X)

TIDMKAZ

RNS Number : 9435X

KAZ Minerals PLC

02 May 2019

Result of 2019 Annual General Meeting

KAZ Minerals PLC (the 'Company') announces that at its Annual General Meeting held today, all the resolutions put to shareholders were duly passed on a poll. The poll results showing the number of votes received for and against each resolution are shown below. The poll results represent approximately 75.2% of the total number of 471,288,333 Ordinary Shares in issue which carry voting rights of one vote per share.

The votes cast on resolutions 6,7,9,10 and 11 relating to the election or re-election of the independent non-executive Directors, have been calculated separately. These resolutions were duly passed by a majority of votes cast by both Independent Shareholders as well as by a majority of votes cast by all Shareholders. The result of the votes cast by the Independent Shareholders (marked with an **) and the votes cast by all Shareholders are set out below.

The Company currently holds 9,435,644 Ordinary Shares in treasury which do not carry voting rights.

Full details of the resolutions passed, together with explanatory notes, are set out in the Notice of Annual General Meeting which is available on the Company's website at www.kazminerals.com.

 
                                 For/                                                          Vote Withheld* 
   Resolution                  Discretion        %        Against        %          Total 
 1. To receive 
  the 2018 Directors' 
  and auditors' 
  reports and the 
  accounts of the 
  Company                      353,226,854     99.82        644,300     0.18     353,871,154          415,352 
                            --------------  --------  -------------  -------  --------------  --------------- 
 2. To approve 
  the 2018 Directors' 
  Report on Remuneration       344,432,498     97.22      9,836,899     2.78     354,269,397           17,109 
                            --------------  --------  -------------  -------  --------------  --------------- 
 3. To declare 
  a final dividend 
  for 2018 of 6.0 
  US cents per ordinary 
  share                        354,284,626    100.00          1,060     0.00     354,285,686              821 
                            --------------  --------  -------------  -------  --------------  --------------- 
 4. To re-elect 
  Oleg Novachuk 
  as a Director                343,400,289     97.14     10,094,199     2.86     353,494,488          791,911 
                            --------------  --------  -------------  -------  --------------  --------------- 
 5. To re-elect 
  Andrew Southam 
  as a Director                353,486,263     99.78        766,024     0.22     354,252,287           34,220 
                            --------------  --------  -------------  -------  --------------  --------------- 
 6. To re-elect              191,246,827**   93.79**   12,658,793**   6.21**   203,905,620**         32,807** 
  Lynda Armstrong 
  as a Director 
                            --------------  --------  -------------  -------  --------------  --------------- 
                               341,594,906     96.43     12,658,793     3.57     354,253,699           32,807 
                            --------------  --------  -------------  -------  --------------  --------------- 
 7. To re-elect              203,255,457**   99.68**      650,164**   0.32**   203,905,621**         32,807** 
  Alison Baker as 
  a Director 
                            --------------  --------  -------------  -------  --------------  --------------- 
                               353,603,536     99.82        650,164     0.18     354,253,700           32,807 
                            --------------  --------  -------------  -------  --------------  --------------- 
 8. To re-elect 
  Vladimir Kim as 
  a Director                   352,052,153     99.37      2,229,812     0.63     354,281,965            4,542 
                            --------------  --------  -------------  -------  --------------  --------------- 
 9. To re-elect              196,269,190**   96.55**    7,017,856**   3.45**   203,287,046**        650,090** 
  Michael Lynch-Bell 
  as a Director 
                            --------------  --------  -------------  -------  --------------  --------------- 
                               346,617,269     98.02      7,017,856     1.98     353,635,125          650,090 
                            --------------  --------  -------------  -------  --------------  --------------- 
 10. To re-elect             203,254,122**   99.68**      651,007**   0.32**   203,905,129**         33,299** 
  John MacKenzie 
  as a Director 
                            --------------  --------  -------------  -------  --------------  --------------- 
                               353,602,201     99.82        651,007     0.18     354,253,208           33,299 
                            --------------  --------  -------------  -------  --------------  --------------- 
 11. To re-elect             202,607,819**   99.36**    1,269,388**   0.64**   203,904,207**         34,220** 
  Charles Watson 
  as a Director 
                            --------------  --------  -------------  -------  --------------  --------------- 
                               352,955,898     99.63      1,296,388     0.37     354,252,286           34,220 
                            --------------  --------  -------------  -------  --------------  --------------- 
 12. To re-appoint 
  KPMG LLP as auditors 
  of the Company               353,613,508     99.99         49,643     0.01     353,663,151          623,354 
                            --------------  --------  -------------  -------  --------------  --------------- 
 13. To authorise 
  the Audit Committee 
  to determine the 
  remuneration of 
  the auditors                 354,265,257    100.00          4,315     0.00     354,269,572           16,935 
                            --------------  --------  -------------  -------  --------------  --------------- 
 14. To renew the 
  Directors' authority 
  to allot shares              344,535,359     97.25      9,748,159     2.75     354,283,518            2,989 
                            --------------  --------  -------------  -------  --------------  --------------- 
 15. To renew the 
  Directors' authority 
  to disapply pre-emption 
  rights                       354,253,838     99.99         24,450     0.01     354,278,288            8,219 
                            --------------  --------  -------------  -------  --------------  --------------- 
 16. To authorise 
  the Directors 
  to disapply pre-emption 
  rights in connection 
  with an acquisition 
  or specified capital 
  investment                   353,490,639     99.78        787,764     0.22     354,278,403            8,103 
                            --------------  --------  -------------  -------  --------------  --------------- 
 17. To authorise 
  the Directors 
  to make market 
  purchases of the 
  Company's shares             353,506,880     99.79        748,001     0.21     354,254,881           31,625 
                            --------------  --------  -------------  -------  --------------  --------------- 
 18. To authorise 
  the calling of 
  general meetings 
  on 14 clear days' 
  notice                       340,516,177     96.11     13,767,941     3.89     354,284,118            2,389 
                            --------------  --------  -------------  -------  --------------  --------------- 
 

*'Vote Withheld' is not a vote in law and is not counted in the calculation of the proportion of the votes 'For' and 'Against' a resolution.

** Result of the votes cast by the Independent Shareholders.

In accordance with LR 9.6.2 of the UK Listing Authority, KAZ Minerals PLC has submitted copies of the special resolutions passed at its Annual General Meeting to the National Storage Mechanism which will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.

Capitalised terms used in this announcement but not otherwise defined herein shall have the same meanings given in the Notice of Annual General Meeting.

Susanna Freeman

Company Secretary

Tel: + 44 (0)20 7901 7800

2 May 2019

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May 02, 2019 11:27 ET (15:27 GMT)