Reach PLC Result of AGM (3081Y)

TIDMRCH

RNS Number : 3081Y

Reach PLC

03 May 2023

3 May 2023

Reach plc

Results of Annual General Meeting ("AGM")

In accordance with the arrangements announced on 31 March 2023, the AGM of Reach plc (the "Company") was held today at 11:00am at Numis' Offices, 45 Gresham St, London, EC2V 7BF.

All valid proxy votes (whether submitted electronically or in hard copy form) were included in the poll taken at the meeting. Save for resolution 7, which was not put to the meeting, resolutions 1 to 16 and 20 were passed as ordinary resolutions and resolutions 17 to 19 and 21 were passed as special resolutions. The results of the poll are set out below.

 
                                      VOTES        %       VOTES        %        VOTES      % of ISC VOTED     VOTES 
                                       FOR                 AGAINST                CAST                        WITHHELD 
 1    Annual Report and Accounts   234,551,914   99.94      136,583    0.06   234,688,497           73.93%     234,551 
     ---------------------------  ------------  ------  -----------  ------  ------------  ---------------  ---------- 
 2    Remuneration Report          212,391,939   90.45   22,430,699    9.55   234,822,638           73.98%     100,410 
     ---------------------------  ------------  ------  -----------  ------  ------------  ---------------  ---------- 
 3    Dividend                     234,827,832   99.99       24,289    0.01   234,852,121           73.99%      70,927 
     ---------------------------  ------------  ------  -----------  ------  ------------  ---------------  ---------- 
 4    Re-elect Nick Prettejohn     232,274,777   98.92    2,524,418    1.08   234,799,195           73.97%     123,853 
     ---------------------------  ------------  ------  -----------  ------  ------------  ---------------  ---------- 
 5    Re-elect Jim Mullen          220,909,267   94.07   13,928,385    5.93   234,837,652           73.98%      85,396 
     ---------------------------  ------------  ------  -----------  ------  ------------  ---------------  ---------- 
 6    Re-elect Anne Bulford        232,705,976   99.11    2,085,602    0.89   234,791,578           73.97%     131,470 
     ---------------------------  ------------  ------  -----------  ------  ------------  ---------------  ---------- 
 7    Re-elect Steve Hatch                                              WITHDRAWN 
     ---------------------------  ------------------------------------------------------------------------------------ 
 8    Re-elect Barry Panayi        232,692,272   99.10    2,101,783    0.90   234,794,055           73.97%     128,993 
     ---------------------------  ------------  ------  -----------  ------  ------------  ---------------  ---------- 
      Re-elect Olivia 
 9    Streatfeild                  215,175,517   91.64   19,636,971    8.36   234,812,488           73.97%     110,560 
     ---------------------------  ------------  ------  -----------  ------  ------------  ---------------  ---------- 
 10   Elect Darren Fisher          232,753,704   99.13    2,045,622    0.87   234,799,326           73.97%     123,722 
     ---------------------------  ------------  ------  -----------  ------  ------------  ---------------  ---------- 
 11   Elect Priya Guha             232,639,579   99.08    2,153,869    0.92   234,793,448           73.97%     129,600 
     ---------------------------  ------------  ------  -----------  ------  ------------  ---------------  ---------- 
 12   Elect Denise Jagger          232,642,018   99.09    2,147,952    0.91   234,789,970           73.97%     133,078 
     ---------------------------  ------------  ------  -----------  ------  ------------  ---------------  ---------- 
 13   Elect Wais Shaifta           232,625,869   99.08    2,165,887    0.92   234,791,756           73.97%     131,292 
     ---------------------------  ------------  ------  -----------  ------  ------------  ---------------  ---------- 
      Re-Appoint 
 14   PricewaterhouseCoopers LLP   228,711,542   97.39    6,133,034    2.61   234,844,576           73.98%      78,472 
     ---------------------------  ------------  ------  -----------  ------  ------------  ---------------  ---------- 
 15   Auditors' remuneration       234,684,474   99.94      144,192    0.06   234,828,666           73.98%      94,382 
     ---------------------------  ------------  ------  -----------  ------  ------------  ---------------  ---------- 
 16   Allot shares                 216,273,038   92.07   18,633,321    7.93   234,906,359           74.00%      16,689 
     ---------------------------  ------------  ------  -----------  ------  ------------  ---------------  ---------- 
      Disapplication of 
 17   pre-emption rights           216,976,414   92.38   17,907,939    7.62   234,884,353           74.00%      38,695 
     ---------------------------  ------------  ------  -----------  ------  ------------  ---------------  ---------- 
      Further disapplication of 
 18   pre-emption rights           210,881,298   89.78   24,010,242   10.22   234,891,540           74.00%      31,508 
     ---------------------------  ------------  ------  -----------  ------  ------------  ---------------  ---------- 
 19   Purchase of own shares       228,737,116   97.39    6,130,503    2.61   234,867,619           73.99%      55,429 
     ---------------------------  ------------  ------  -----------  ------  ------------  ---------------  ---------- 
 20   Political donations          216,823,325   92.31   18,057,489    7.69   234,880,814           73.99%      42,234 
     ---------------------------  ------------  ------  -----------  ------  ------------  ---------------  ---------- 
      Notice for General 
 21   Meetings                     232,686,738   99.09    2,146,247    0.91   234,832,985           73.98%      90,063 
     ---------------------------  ------------  ------  -----------  ------  ------------  ---------------  ---------- 
 

Notes:

1. 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.

2. The issued share capital figure used to calculate the percentage voted is 317,429,556. This is the figure as at the close of business on 28 April 2023 and excludes the number of ordinary shares held in treasury at that date.

3. As announced on 14 April 2023, Steve Hatch had decided to step down from his role as Non-Executive Director of the Company from the close of the AGM with the consequence that the resolution to re-elect Steve Hatch as a director of the Company included as resolution 7 in the Notice of AGM was to be withdrawn.

In accordance with Listing Rule 9.6.3R of the UK Financial Conduct Authority (FCA), a copy of the resolutions passed as Special Business at the AGM have been submitted to the UK Listing Authority and will be available for public inspection at the National Storage Mechanism (NSM) https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

 
 Enquiries 
 Reach plc 
 Jim Mullen, Chief Executive Officer 
  Darren Fisher, Chief Financial Officer 
  Lorraine Clover, Group Company Secretary       020 7293 3000 
 
 Teneo 
 Giles Kernick                                   020 7353 4200 
 
 LEI: 213800GNI5XF3XOATR61 
  Classification: 3.1 Additional Information 
 
 

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