Prudential PLC Result of AGM (2999Z)

TIDMPRU

RNS Number : 2999Z

Prudential PLC

16 May 2019

16 May 2019

Prudential plc

Results of Annual General Meeting held on 16 May 2019

Prudential plc (the "Company") announces that at its Annual General Meeting ("AGM") held earlier today, Resolutions 1 to 20 (inclusive) and Resolution 22 as ordinary resolutions together with Resolution 21 and Resolutions 23 to 25 (inclusive) as special resolutions, were duly passed and the results of the polls are as follows:

 
      RESOLUTION       VOTES FOR       % OF VOTES   VOTES         % OF VOTES   VOTES CAST IN   TOTAL        VOTES 
                                       CAST         AGAINST       CAST         TOTAL           VOTES CAST   WITHHELD 
                                                                                               AS A % OF 
                                                                                               ISSUED 
                                                                                               SHARE 
                                                                                               CAPITAL 
      To receive and 
      consider the 
      accounts for 
      the financial 
      year ended 31 
      December 2018, 
      together 
      with the 
      Strategic 
      Report, 
      Director's 
      Remuneration 
      Report, 
      Directors' 
      Report and the 
      Auditor's 
      Report on 
 1    those Accounts   2,021,375,522        99.37    12,896,150         0.63   2,034,271,672       78.25%    8,093,373 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 2    To approve the   1,948,451,528        95.71    87,313,483         4.29   2,035,765,011       78.31%    6,608,034 
      Directors' 
      Remuneration 
      Report for the 
      year ended 31 
      December 2018 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 3    To elect Mrs     2,040,649,361        99.95       928,307         0.05   2,041,577,668       78.53%      792,607 
      Fields 
      Wicker-Miurin 
      as a Director 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 4    To re-elect      2,017,626,030        98.92    22,084,185         1.08   2,039,710,215       78.46%    2,659,939 
      Sir Howard 
      Davies as a 
      Director 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 5    To re-elect Mr   2,032,376,174        99.55     9,213,192         0.45   2,041,589,366       78.53%      773,638 
      Mark 
      FitzPatrick as 
      a Director 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
      To re-elect Mr 
      David Law as a 
 6    Director         2,006,837,322        98.39    32,875,557         1.61   2,039,712,879       78.46%    2,652,275 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 7    To re-elect Mr   1,837,121,873        90.73   187,737,843         9.27   2,024,859,716       77.89%   17,503,287 
      Paul Manduca 
      as a Director 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 8    To re-elect Mr   2,035,575,341        99.71     5,996,208         0.29   2,041,571,549       78.53%      795,115 
      Kaikhushru 
      Nargolwala as 
      a Director 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 9    To re-elect Mr   1,641,838,104        83.19   331,755,308        16.81   1,973,593,412       75.92%   68,776,742 
      Anthony 
      Nightingale as 
      a Director 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 10   To re-elect Mr   2,019,967,010        99.03    19,741,213         0.97   2,039,708,223       78.46%    2,659,581 
      Philip Remnant 
      as a Director 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 11   To re-elect Ms   2,038,397,122        99.84     3,190,171         0.16   2,041,587,293       78.53%      775,711 
      Alice 
      Schroeder as a 
      Director 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 12   To re-elect Mr   2,036,683,458        99.76     4,902,744         0.24   2,041,586,202       78.53%      778,952 
      James Turner 
      as a Director 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 13   To re-elect Mr   2,037,313,316        99.79     4,254,704         0.21   2,041,568,020       78.53%      802,134 
      Thomas Watjen 
      as a Director 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 14   To re-elect Mr   2,040,302,762        99.94     1,271,427         0.06   2,041,574,189       78.53%      790,965 
      Michael Wells 
      as a Director 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 15   To re-appoint    1,976,986,381        96.83    64,634,233         3.17   2,041,620,614       78.53%      743,199 
      KPMG LLP as 
      the Company's 
      auditor 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 16   To authorise     2,013,363,461        98.61    28,307,692         1.39   2,041,671,153       78.53%      693,964 
      the Audit 
      Committee to 
      determine the 
      amount of the 
      auditor's 
      remuneration 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 17   To renew the     2,013,446,648        99.04    19,553,143         0.96   2,032,999,791       78.20%    9,365,328 
      authority to 
      make political 
      donations 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 18   To renew the     1,998,370,659        98.10    38,618,412         1.90   2,036,989,071       78.35%    5,373,898 
      authority to 
      allot ordinary 
      shares 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 19   To renew the     2,017,364,556        99.17    16,907,622         0.83   2,034,272,178       78.25%    8,092,941 
      extension of 
      authority to 
      allot ordinary 
      shares to 
      include 
      repurchased 
      shares 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 20   To renew the     2,011,577,781        98.89    22,677,439         1.11   2,034,255,220       78.25%    8,109,899 
      authority to 
      allot 
      preference 
      shares 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 21   To renew the     2,024,502,420        99.39    12,415,914         0.61   2,036,918,334       78.35%    5,445,445 
      authority for 
      disapplication 
      of pre-emption 
      rights 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 22   To renew the     2,009,829,893        98.67    27,101,133         1.33   2,036,931,026       78.35%    5,432,753 
      authority for 
      issuance of 
      mandatory 
      convertible 
      securities 
      (MCS) 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 23   To renew the     1,997,535,348        98.07    39,355,587         1.93   2,036,890,935       78.35%    5,472,844 
      authority for 
      disapplication 
      of pre-emption 
      rights in 
      connection 
      with an 
      issuance 
      of MCS 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 24   To renew the     2,013,076,219        98.70    26,418,096         1.30   2,039,494,315       78.45%    2,875,804 
      authority for 
      purchase of 
      own shares 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 25   To renew the     1,882,787,385        92.61   150,217,880         7.39   2,033,005,265       78.20%    9,357,348 
      authority in 
      respect of 
      notice for 
      general 
      meetings 
     ---------------  --------------  -----------  ------------  -----------  --------------  -----------  ----------- 
 

Lord Turner did not stand for re-election as a Non-Executive Director of the Company, and retired from the Board with effect from the conclusion of the AGM.

Mr Foley, Mr Nicandrou and Mr Falcon did not stand for election or re-election and their appointment as Executive Directors ceased with effect from the conclusion of the AGM. They will however continue to serve as members of the Group Executive Committee.

As at 6.30pm (UK time) on 14 May 2019, the number of issued shares of the Company was 2,559,708,677 ordinary shares, which was the total number of shares entitling the holders to attend and vote for or against all the resolutions at the AGM. In accordance with the Company's Articles of Association, on a poll every member present in person or by proxy has one vote for every share held.

There were no restrictions on shareholders to cast votes on any of the resolutions proposed at the AGM. Votes withheld are not votes in law and therefore have not been counted in the calculation of the proportion of the votes for and against a resolution.

Pursuant to Listing Rule 9.6.2 of the UK Listing Rules, copies of all resolutions, other than those concerning ordinary business, passed at the AGM on 16 May 2019, will shortly be available to view via the National Storage Mechanism at http://www.morningstar.co.uk/uk/NSM

Additional Information:

Prudential plc is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America.

Contact:

Chris Smith, Deputy Group Secretary, [phone]

Alan F. Porter, Group General Counsel and Company Secretary

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May 16, 2019 08:36 ET (12:36 GMT)