Ricardo PLC Result of AGM (3022T)

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RNS Number : 3022T

Ricardo PLC

14 November 2019

Result of AGM

14 November 2019

Ricardo plc - Results of Annual General Meeting

Ricardo plc announces that all resolutions proposed at its Annual General Meeting held earlier today were duly passed on a show of hands including the resolution authorising the Company to make market purchases of up to 10% of its issued ordinary share capital.

Details of the proxy voting instructions, lodged prior to the meeting, are set out below:

 
Resolution                                 For        %    Discretion   %     Against     %    Withheld 
    To receive and adopt the 2019 
1    Report and Accounts                39,029,571  99.95      20,000  0.05          0   0.00          0 
2   To declare a final dividend         39,029,006  99.94      20,000  0.05        565   0.01          0 
    To re-appoint KPMG LLP as 
3    auditors                           39,024,849  99.94      20,000  0.05      4,722   0.01          0 
4   To fix auditors' remuneration       39,025,973  99.94      20,000  0.05      3,598   0.01          0 
5   To elect Russell King               31,757,198  83.96      20,000  0.05  6,047,451  15.99  1,224,922 
6   To elect Jack Boyer OBE             38,846,886  99.94      20,000  0.05      2,282   0.01    180,403 
    To re-elect William Spencer 
7    as a director                      38,837,000  99.92      20,000  0.05      9,828   0.03    182,743 
    To re-elect Sir Terry Morgan 
8    as a director                      38,148,879  98.15      20,000  0.05    698,513   1.80    182,178 
    To re-elect Ian Gibson as 
9    a director                         38,847,393  99.95      20,000  0.05          0   0.00    182,178 
    To re-elect Laurie Bowen as 
10   a director                         36,846,140  99.71      20,000  0.05     90,341   0.24  2,093,089 
    To re-elect Dave Shemmans 
11   as a director                      38,148,024  99.91      20,000  0.05     13,944   0.04    867,602 
    To re-elect Malin Persson 
12   as a director                      33,462,907  86.10      20,000  0.05  5,383,920  13.85    182,743 
    To re-elect Mark Garrett as 
13   a director                         38,847,393  99.95      20,000  0.05          0   0.00    182,178 
    To approve the Directors' 
14   Remuneration Report                35,698,805  91.43      20,000  0.05  3,327,990   8.52      2,775 
    To grant the directors authority 
15   to allot relevant securities       38,884,841  99.94      20,000  0.05      2,161   0.01    142,569 
    To approve the disapplication 
16   of pre-emption rights              38,883,232  99.94      20,000  0.05      3,770   0.01    142,569 
    To authorise the Company to 
     make market purchases of ordinary 
17   shares                             38,323,778  98.14      20,000  0.05    705,792   1.81          0 
    To approve notice period for 
18   certain general meetings           38,690,700  99.08      20,000  0.05    338,871   0.87          0 
 
 

An abstention is not a vote in law and is not counted in the calculation of proportion of votes "For" or "Against" a resolution.

The total number of ordinary shares in issue as at 12 November 2019 were 53,406,250. Ordinary shareholders are entitled to one vote per share held.

In accordance with UK Listing Rule 9.6.2R copies of all the resolutions passed other than resolutions concerning ordinary business have been submitted to the UK Listing Rule via the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM

The full text of each of the resolutions is set out in the Notice of Annual General Meeting which is available on the Ricardo website at www.ricardo.com.

2020 Financial Calendar

Half Year Interim Results Announcement on 27 February 2020.

   Enquiries:        Patricia Ryan, Group General Counsel & Company Secretary [phone] 

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November 14, 2019 06:30 ET (11:30 GMT)