Paypoint plc Paypoint Plc : Agm Statement

 
TIDMPAY 
 
   26 July 2017 
 
   PayPoint plc (Company) 
 
   AGM and Trading Update 
 
   PayPoint plc announces that at the Annual General Meeting held today all 
resolutions were passed on a show of hands. The proxy voting for the 
resolutions tabled at the Meeting was as follows: 
 
 
 
 
                                                                                                                  % of 
                                                                                                                 Issued 
                                                                                                                  Share 
                                                                                    Votes              Total     Capital    Votes 
                        Resolutions                          Votes For      %      Against     %       Votes      Voted   Withheld* 
1. To receive the annual reports and accounts for 
 the year ended 31 March 2017                                57,504,589  100.00%          0   0.00%  57,504,589   84.36%       2,832 
2. To approve the directors' remuneration report for 
 the year ended 31 March 2017                                56,746,603   96.10%  2,304,030   3.90%  59,050,633   86.63%     256,788 
3. To approve the directors' remuneration policy             56,250,235   96.12%  2,269,240   3.88%  58,519,475   85.85%     787,946 
4. To declare a final dividend of 30.0p per ordinary 
 share of the company                                        57,507,421  100.00%          0   0.00%  57,507,421   84.36%           - 
5. To re-elect Ms Gill Barr as a director of the company     57,014,709   99.15%    491,067   0.85%  57,505,776   84.36%       1,645 
6. To re-elect Mr Giles Kerr as a director of the 
 company                                                     54,740,879   98.98%    564,897   1.02%  55,305,776   81.13%       1,645 
7. To re-elect Mr Dominic Taylor as a director of 
 the company                                                 57,407,382   99.83%     98,394   0.17%  57,505,776   84.36%       1,645 
8. To re-elect Mr Tim Watkin-Rees as a director of 
 the company                                                 57,407,382   99.83%     98,394   0.17%  57,505,776   84.36%       1,645 
9. To re-elect Mr Nick Wiles as a director of the 
 company                                                     57,374,221   99.77%    131,555   0.23%  57,505,776   84.36%       1,645 
10. To elect Ms Rachel Kentleton as a director of 
 the company                                                 57,407,382   99.83%     98,394   0.17%  57,505,776   84.36%       1,645 
11. To elect Mr Rakesh Sharma as a director of the 
 company                                                     57,488,967   99.97%     16,809   0.03%  57,505,776   84.36%       1,645 
12. To re-appoint Deloitte LLP as auditor of the company     52,797,846   93.04%  3,947,761   6.96%  56,745,607   83.25%     761,814 
13. To authorise the directors to determine the auditor's 
 remuneration                                                35,655,280   85.20%  6,192,939  14.80%  41,848,219   61.39%  17,459,202 
14. To authorise the directors to allot shares in 
 accordance with Section 551 of the Companies Act 2006       57,503,540   99.99%      3,441   0.01%  57,506,981   84.36%         440 
15. To disapply statutory pre-emption rights in accordance 
 with Section 570 of the Companies Act 2006**                57,499,718   99.99%      5,263   0.01%  57,504,981   84.36%       2,440 
16. To authorise the company to make market purchases 
 of its ordinary shares up to 10% of the issued share 
 capital**                                                   56,727,501   98.64%    779,280   1.36%  57,506,781   84.36%         640 
17. To allow any general meeting (other than an annual 
 general meeting) to be called on 14 days' notice**          56,947,642   99.03%    559,339   0.97%  57,506,981   84.36%         440 
 
   *A vote withheld is not a vote in law and is not counted towards votes 
cast "For" or "Against" a resolution. 
 
   ** Special Resolutions requiring a 75% majority 
 
   In accordance with Listing Rule 9.2.2E, Resolutions 5, 6 and 11 were 
approved by: (a) the shareholders of the Company; and (b) the 
independent shareholders of the Company. 
 
   The total voting rights of the Company on the day on which shareholders 
had to be on the register in order to be eligible to vote was 
68,165,925. 
 
   The results will also be made available on the Company's website: 
www.paypoint.com 
 
   In accordance with LR 9.6.2, a document setting out the resolutions 
passed at the AGM, concerning special business has been submitted to the 
National Storage Mechanism and will shortly be available for inspection 
at http://www.morningstar.co.uk/uk/NSM 
 
   Dividends 
 
   Payment of the final dividend (including the additional dividend) will 
be made on 31 July 2017 to shareholders who were on the shareholder 
register on 23 June 2017. 
 
   Directorate change 
 
   As previously announced on 02 June 2016, today 26 July 2017, David 
Morrison retires from the board after a long period of service as a 
non-executive director of the Company. 
 
   Nick Wiles, Chairman, said: 
 
   "On behalf of the board I would like to thank David for his immense 
contribution to the board, and his considerable support towards PayPoint 
during his service as a non-executive director of the Company. The board 
wishes him every success for the future." 
 
   There are no further disclosures required for the purposes of Listing 
Rule 9.6.11. 
 
   Trading Update 
 
   PayPoint released a trading update on 26 July 2017 which has been 
published on its website www.paypoint.com. 
 
   Enquiries: 
 
   PayPoint plc 
 
   Susan Court        01707 600300 
 
   Finsbury 
 
   Rollo Head          020 7251 3801 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: PayPoint plc via Globenewswire 
 
 
  http://www.paypoint.co.uk/default.htm 
 

(END) Dow Jones Newswires

July 26, 2017 09:53 ET (13:53 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.