Renishaw PLC Result of AGM (5237E)

TIDMRSW

RNS Number : 5237E

Renishaw PLC

18 October 2018

Renishaw plc

Results of AGM 2018

All resolutions proposed at the Annual General Meeting held on 18 October 2018 were duly passed on a poll. Resolutions 1 to 14 were passed as ordinary resolutions and resolution 15 was passed as a special resolution. The result of the poll is as follows:

 
           Resolution                Votes        %        Votes        %       Votes       % of        Votes 
                                       For                 Against               Total      ISC(1)    Withheld(2) 
                                                                                            Voted 
 1. Receive the reports 
  of directors and financial 
  statements                       62,691,247    99.35      412,417    0.65   63,103,664    86.69%        528,223 
                                  -----------  -------  -----------  ------  -----------  --------  ------------- 
 2. Approve the remuneration 
  report                           60,347,267    95.21    3,033,049    4.79   63,380,316    87.07%        251,570 
                                  -----------  -------  -----------  ------  -----------  --------  ------------- 
 3. Declare the final 
  dividend                         63,631,888   100.00            0    0.00   63,631,888    87.42%              0 
                                  -----------  -------  -----------  ------  -----------  --------  ------------- 
 4. Re-elect David McMurtry 
  as a director                    48,263,953    76.14   15,125,894   23.86   63,389,847    87.09%        242,041 
                                  -----------  -------  -----------  ------  -----------  --------  ------------- 
 5. Re-elect John Deer 
  as a director                    48,174,654    76.00   15,211,521   24.00   63,386,175    87.08%        245,713 
                                  -----------  -------  -----------  ------  -----------  --------  ------------- 
 6. Re-elect Will Lee 
  as a director                    62,181,544    97.73    1,444,826    2.27   63,626,370    87.41%          5,518 
                                  -----------  -------  -----------  ------  -----------  --------  ------------- 
 7. Re-elect Allen Roberts 
  as a director                    61,972,083    97.40    1,652,468    2.60   63,624,551    87.41%          7,337 
                                  -----------  -------  -----------  ------  -----------  --------  ------------- 
 8. Re-elect Geoff McFarland 
  as a director                    62,119,917    97.64    1,504,468    2.36   63,624,385    87.41%          7,503 
                                  -----------  -------  -----------  ------  -----------  --------  ------------- 
 9. Re-elect Carol Chesney 
  as a director                    60,484,162    95.07    3,136,284    4.93   63,620,446    87.40%         11,442 
                                  -----------  -------  -----------  ------  -----------  --------  ------------- 
 10. Re-elect David Grant 
  as a director                    60,579,228    95.22    3,040,293    4.78   63,619,521    87.40%         12,367 
                                  -----------  -------  -----------  ------  -----------  --------  ------------- 
 11. Re-elect John Jeans 
  as a director                    60,603,627    95.25    3,019,760    4.75   63,623,387    87.41%          8,501 
                                  -----------  -------  -----------  ------  -----------  --------  ------------- 
 12. Elect Catherine Glickman 
  as a director                    63,548,245    99.88       73,178    0.12   63,621,423    87.41%         10,465 
                                  -----------  -------  -----------  ------  -----------  --------  ------------- 
 13. Re-appoint Ernst 
  & Young LLP as auditors          63,620,353    99.99        5,605    0.01   63,625,958    87.41%          5,930 
                                  -----------  -------  -----------  ------  -----------  --------  ------------- 
 14. Authorise the audit 
  committee to determine 
  the auditors' remuneration       63,623,871   100.00        2,061    0.00   63,625,932    87.41%          5,956 
                                  -----------  -------  -----------  ------  -----------  --------  ------------- 
 15. Authorise the Company 
  to purchase its own shares(3)    62,470,725    98.18    1,160,910    1.82   63,631,635    87.42%            251 
                                  -----------  -------  -----------  ------  -----------  --------  ------------- 
 

(1) Issued Share Capital

(2) A vote withheld is not a vote in law and is not counted towards votes cast "For" or "Against" a resolution.

(3) Special resolution requiring 75% majority

 
 Votes of independent shareholders on the resolutions concerning 
  the election or re-election of the independent Non-executive Directors 
------------------------------------------------------------------------------------------------------ 
 9. Re-elect Carol Chesney 
  as a director                  21,874,653   87.46   3,136,284   12.54   25,010,937   73.18%   11,442 
                                -----------  ------  ----------  ------  -----------  -------  ------- 
 10. Re-elect David Grant 
  as a director                  21,969,719   87.84   3,040,293   12.16   25,010,012   73.17%   12,367 
                                -----------  ------  ----------  ------  -----------  -------  ------- 
 11. Re-elect John Jeans 
  as a director                  21,994,118   87.93   3,019,760   12.07   25,013,878   73.18%    8,501 
                                -----------  ------  ----------  ------  -----------  -------  ------- 
 12. Elect Catherine Glickman 
  as a director                  24,938,736   99.71      73,178    0.29   25,011,914   73.18%   10,465 
                                -----------  ------  ----------  ------  -----------  -------  ------- 
 

In accordance with Listing Rule 9.2.2E, resolutions 9 to 12 inclusive 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 72,788,543.

In accordance with Listing Rule 9.6.2R, a copy of resolution 15, which was passed as a special resolution, has been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.morningstar.co.uk/uk/NSM.

The Board is pleased that the majority of resolutions have been passed with a high level of support from shareholders. The Board notes the vote against resolutions 4, the re-election of Sir David McMurtry (23.86%) and 5, the re-election of John Deer (24.00%) and will continue to engage with shareholders to understand their views on this and any other significant matter. The Board holds open discussions with any shareholder who wishes to share views with the directors at the AGM or the annual Investor Day, which include Q&A sessions with the Board. There is also a Q&A session with the Executive Chairman, Chief Executive and Group Finance Director as part of the full and half-year results webcasts.

Renishaw plc

18 October 2018

 
 Registered office:    New Mills, Wotton-under-Edge, Gloucestershire, GL12 8JR 
 Registered number:    01106260 
 LEI:                  21380048ADXM6Z67CT18 
 Contact name:         Mark Noble 
 Contact telephone:    [phone] 
 

www.renishaw.com

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October 18, 2018 11:02 ET (15:02 GMT)