On the Beach Group PLC Result of AGM (3522E)

TIDMOTB

RNS Number : 3522E

On the Beach Group PLC

08 February 2018

8 February 2018

On the Beach Group plc (the "Company")

Result of Annual General Meeting

The Board of the Company announces that at its Annual General Meeting ("AGM") held today, 8 February 2018, all the Resolutions set out in the notice of the AGM were duly passed by the requisite majority of votes by shareholders by way of poll. The results of the poll for each Resolution were as follows:

 
 Resolution                             For        %     Against      %   Withheld* 
------------------------------  -----------  -------  ----------  -----  ---------- 
 Resolution 1: Ordinary 
  Resolution to receive 
  the annual accounts 
  of the Company for 
  the year ended 30 
  September 2017 together 
  with the reports of 
  the directors and 
  the auditor thereon.           92,236,172   100.00         745   0.00     464,366 
------------------------------  -----------  -------  ----------  -----  ---------- 
 Resolution 2: Ordinary 
  Resolution to approve 
  the directors' remuneration 
  report for the year 
  ended 30 September 
  2017.                          92,479,656    99.76     221,627   0.24           0 
------------------------------  -----------  -------  ----------  -----  ---------- 
 Resolution 3: Ordinary 
  Resolution to declare 
  a final dividend of 
  1.9 pence per ordinary 
  share in respect of 
  the year ended 30 
  September 2017.                92,701,283   100.00           0   0.00           0 
------------------------------  -----------  -------  ----------  -----  ---------- 
 Resolution 4: Ordinary 
  Resolution to reappoint 
  Simon Cooper as a 
  director of the Company.       92,585,842    99.88     115,441   0.12           0 
------------------------------  -----------  -------  ----------  -----  ---------- 
 Resolution 5: Ordinary 
  Resolution to reappoint 
  Paul Meehan as a director 
  of the Company.                92,585,842    99.88     115,441   0.12           0 
------------------------------  -----------  -------  ----------  -----  ---------- 
 Resolution 6: Ordinary 
  Resolution to reappoint 
  Richard Segal as a 
  director of the Company.       90,346,796    97.46   2,354,486   2.54           0 
------------------------------  -----------  -------  ----------  -----  ---------- 
 Resolution 7: Ordinary 
  Resolution to reappoint 
  Lee Ginsberg as a 
  director of the Company.       90,267,937    97.40   2,407,660   2.60      25,685 
------------------------------  -----------  -------  ----------  -----  ---------- 
 Resolution 8: Ordinary 
  Resolution to reappoint 
  David Kelly as a director 
  of the Company.                90,371,128    97.51   2,304,469   2.49      25,685 
------------------------------  -----------  -------  ----------  -----  ---------- 
 Resolution 9: Ordinary 
  Resolution to reappoint 
  KPMG LLP as auditor 
  to the Company.                92,664,422    99.96      36,860   0.04           0 
------------------------------  -----------  -------  ----------  -----  ---------- 
 Resolution 10: Ordinary 
  Resolution to authorise 
  the directors to determine 
  the auditor's remuneration.    92,700,538   100.00         745   0.00           0 
------------------------------  -----------  -------  ----------  -----  ---------- 
 Resolution 11: Ordinary 
  Resolution to authorise 
  the directors to allot 
  shares.                        89,515,329    96.56   3,185,954   3.44           0 
------------------------------  -----------  -------  ----------  -----  ---------- 
 Resolution 12: Ordinary 
  Resolution to authorise 
  political donations.           89,617,951    96.68   3,076,249   3.32       7,083 
------------------------------  -----------  -------  ----------  -----  ---------- 
 Resolution 13: Special 
  Resolution to disapply 
  statutory pre-emption 
  rights - any circumstances.    89,766,627    96.83   2,934,656   3.17           0 
------------------------------  -----------  -------  ----------  -----  ---------- 
 Resolution 14: Special 
  Resolution to disapply 
  statutory pre-emption 
  rights - acquisition 
  or capital investment.         84,666,393    91.33   8,034,890   8.67           0 
------------------------------  -----------  -------  ----------  -----  ---------- 
 Resolution 15: Special 
  Resolution to authorise 
  the purchase of own 
  shares.                        92,700,783   100.00         500   0.00           0 
------------------------------  -----------  -------  ----------  -----  ---------- 
 Resolution 16: Special 
  Resolution to approve 
  the calling of general 
  meetings (other than 
  an AGM) on not less 
  than 14 clear days' 
  notice.                        91,746,046    98.97     955,237   1.03           0 
------------------------------  -----------  -------  ----------  -----  ---------- 
 

*A '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.

The Company's total ordinary shares in issue (total voting rights) as at 8 February 2018 was 130,434,763 of ordinary shares of GBP0.01 each. Ordinary shareholders are entitled to one vote per ordinary share held.

In accordance with paragraph 9.6.2 of the LSE Listing Rules, a copy of the resolutions passed at the AGM has been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.

The complete poll results (inclusive of proxy votes lodged before the AGM) will be available shortly on the Company's website at: http://www.onthebeachgroupplc.com.

For further information:

 
 On the Beach Group plc           c/o FTI Consulting 
  Simon Cooper, Chief Executive 
  Officer 
  Paul Meehan, Chief Financial 
  Officer 
  Kirsteen Vickerstaff, Company 
  Secretary 
 FTI Consulting                   Tel: [phone] 
  Jonathon Brill                   1000 
  Alex Beagley 
  Fiona Walker 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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February 08, 2018 09:30 ET (14:30 GMT)