Rotork PLC Result of AGM (2932X)

TIDMROR

RNS Number : 2932X

Rotork PLC

26 April 2019

Rotork plc

AGM Statement

Results of the Annual General Meeting held on 26 April 2019 at Bailbrook House Hotel,

Eveleigh Avenue, London Road, Bath BA1 7JD

The Directors are pleased to announce that the shareholders of Rotork plc (the "Company") at the Company's Annual General Meeting on Friday 26 April 2019 passed by poll all the resolutions as set out in the Notice of Annual General Meeting dated 25 March 2019.

The following table summarises the proxy voting instructions received from shareholders prior to the meeting. In total, valid proxy instructions were received in respect of 78.87% of the issued share capital.

A copy of each of the resolutions passed by the Company, other than those resolutions concerning ordinary business, will be submitted and made available for inspection from the National Storage Mechanism at www.morningstar.co.uk.

A copy of this announcement has been posted on the Company's website at www.rotork.com/investors/index/agm.

 
        Resolution                 For (3)                Against(3)               No. of         Total Capital 
                                                                              Votes withheld(4)     Instructed 
                            No. of Shares     %      No. of Shares     % 
                           --------------  -------  --------------  ------ 
        To receive 
         and adopt 
         the Annual 
         Report and 
         Accounts 
         and the 
         Auditor's 
         Report 
         thereon 
  1.     for 2018            687,025,818    99.99       102,467      0.01        1,299,487           78.80% 
       ------------------  --------------  -------  --------------  ------  -------------------  -------------- 
        To declare 
         a final 
  2.     dividend            688,173,919    100.00      25,350       0.00         188,494            78.93% 
       ------------------  --------------  -------  --------------  ------  -------------------  -------------- 
        To re-elect 
         JM Davis 
  3.     as a director       685,985,986    99.68      2,232,155     0.32         199,632            78.93% 
       ------------------  --------------  -------  --------------  ------  -------------------  -------------- 
        To re-elect 
         SA James 
  4.     as a director       684,121,486    99.41      4,087,425     0.59         208,862            78.93% 
       ------------------  --------------  -------  --------------  ------  -------------------  -------------- 
        To re-elect 
         MJ Lamb 
  5.     as a director       677,305,786    98.73      8,706,759     1.27        2,405,227           78.67% 
       ------------------  --------------  -------  --------------  ------  -------------------  -------------- 
        To re-elect 
         LM Bell 
  6.     as a director       684,132,135    99.41      4,092,203     0.59         203,435            78.93% 
       ------------------  --------------  -------  --------------  ------  -------------------  -------------- 
        To re-elect 
         KG Hostetler 
  7.     as a director       660,740,506    96.02     27,355,765     3.98         199,632            78.91% 
       ------------------  --------------  -------  --------------  ------  -------------------  -------------- 
        To re-elect 
         PG Dilnot 
  8.     as a director       677,142,559    98.71      8,866,704     1.29        2,331,014           78.67% 
       ------------------  --------------  -------  --------------  ------  -------------------  -------------- 
        To elect 
         AC Andersen 
  9.     as a director       688,086,033    99.99       84,808       0.01         206,922            78.92% 
       ------------------  --------------  -------  --------------  ------  -------------------  -------------- 
        To elect 
         TR Cobbold 
  10.    as a director       681,910,886    99.08      6,297,161     0.92         209,725            78.93% 
       ------------------  --------------  -------  --------------  ------  -------------------  -------------- 
        To re-appoint 
         Deloitte 
         LLP as Auditor 
  11.    of the Company      687,827,467    99.96       281,311      0.04         211,884            78.91% 
       ------------------  --------------  -------  --------------  ------  -------------------  -------------- 
        To authorise 
         the directors 
         to fix the 
         remuneration 
  12.    of the Auditor      688,081,168    99.98       133,241      0.02         204,923            78.93% 
       ------------------  --------------  -------  --------------  ------  -------------------  -------------- 
        To approve 
         the Directors' 
         Remuneration 
  13.    Report              677,043,522    98.39     11,070,286     1.61         301,224            78.92% 
       ------------------  --------------  -------  --------------  ------  -------------------  -------------- 
        To authorise 
         the directors 
         to allot 
  14.    shares              666,955,859    96.91     21,258,479     3.09         205,034            78.93% 
       ------------------  --------------  -------  --------------  ------  -------------------  -------------- 
        To enable 
         the directors 
         to allot 
         shares for 
         cash without 
         first offering 
         them to 
         existing 
         shareholders 
         for pre-emptive 
         issues and 
         general 
  15.    purposes*           668,984,783    97.21     19,213,904     2.79         220,645            78.93% 
       ------------------  --------------  -------  --------------  ------  -------------------  -------------- 
        To enable 
         the directors 
         to allot 
         shares for 
         cash without 
         first offering 
         them to 
         existing 
         shareholders 
         for acquisitions 
         and other 
         capital 
  16.    investments*        664,802,646    96.61     23,329,575     3.39         297,110            78.92% 
       ------------------  --------------  -------  --------------  ------  -------------------  -------------- 
        To authorise 
         the Company 
         to purchase 
         ordinary 
  17.    shares*             683,458,883    99.35      4,460,663     0.65         324,230            78.89% 
       ------------------  --------------  -------  --------------  ------  -------------------  -------------- 
        To authorise 
         the Company 
         to purchase 
         preference 
  18.    shares*             685,850,533    99.67      2,251,337     0.33         249,438            78.91% 
       ------------------  --------------  -------  --------------  ------  -------------------  -------------- 
        To fix the 
         notice period 
         for general 
  19.    meetings*           605,540,547    88.02     82,454,199     11.98        190,371            78.90% 
       ------------------  --------------  -------  --------------  ------  -------------------  -------------- 
        To approve 
         the Rotork 
         Long Term 
         Incentive 
         Plan 2019 
         ("2019 LTIP") 
  20.    rules               684,219,664    99.46      3,680,542     0.54         426,685            78.89% 
       ------------------  --------------  -------  --------------  ------  -------------------  -------------- 
        To authorise 
         the directors 
         to grant 
         awards under 
         the 2019 
  21.    LTIP                684,311,489    99.46      3,695,347     0.54         422,495            78.90% 
       ------------------  --------------  -------  --------------  ------  -------------------  -------------- 
 

*Special Resolution

Notes:

   1.    All resolutions were passed. 

2. The total votes cast in favour of each resolution includes those giving the Chairman discretion.

   3.    Votes "For" and "Against" are expressed as a percentage of votes received. 

4. A "vote withheld" is not a vote in law and is not counted in the calculation of the votes "for" or "against" a resolution.

   5.    The total number of ordinary 0.5p shares in issue at 6.30pm on 24 April 2019 was 871,963,909. 

Enquiries:

   FTI Consulting   Tel:  + 44 (0)20 3727 1340 

Nick Hasell / Susanne Yule

   Rotork plc           Tel:  [phone] 

Helen Barrett-Hague, Group Legal Counsel and Company Secretary

Jonathan Davis, Finance Director

Andrew Carter, Investor Relations Director

26 April 2019

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April 26, 2019 10:36 ET (14:36 GMT)