SAGA PLC Result of AGM (1933S)

TIDMSAGA

RNS Number : 1933S

SAGA PLC

21 June 2018

21 June 2018

SAGA PLC - ANNUAL GENERAL MEETING 2018

Results of Annual General Meeting (AGM) held on 21 June 2018

Saga plc (the "Company") announces that, at its AGM held earlier today at Enbrook Park, Sandgate, Folkestone, Kent CT20 3SE, the resolutions set out in the Notice of AGM dated 11 May 2018 were passed following a poll on each resolution. 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. Resolutions 1-15 were passed as ordinary resolutions, Resolutions 16-19 were passed as special resolutions. The following table shows the votes cast on each resolution.

 
       RESOLUTION            VOTES FOR     % OF VOTES   VOTES AGAINST   % OF VOTES      VOTES WITHHELD   VOTES CAST 
                                            CAST FOR                     CAST AGAINST                    IN TOTAL 
                                                                                                         (INCLUDING 
                                                                                                         VOTES 
                                                                                                         WITHHELD) 
       to receive and 
       adopt the 
       directors' report 
       and accounts 
       for year ended 31 
       January 
 1.    2018                  713,058,417        99.79       1,528,635            0.21          139,713     714,726,765 
      --------------------  ------------  -----------  --------------  --------------  ---------------  -------------- 
       to approve the 
       Directors' 
 2.    Remuneration Report   708,342,888        99.34       4,703,239            0.66        1,681,545     714,727,672 
      --------------------  ------------  -----------  --------------  --------------  ---------------  -------------- 
       to approve the 
       Directors' 
 3.    Remuneration Policy   710,588,229        99.49       3,637,508            0.51          501,935     714,727,672 
      --------------------  ------------  -----------  --------------  --------------  ---------------  -------------- 
       to declare a final 
       dividend 
       for the year ended 
       31 January 
       2018 of 6p per 
 4.    ordinary share        714,615,380        99.99          61,038            0.01           50,347     714,726,765 
      --------------------  ------------  -----------  --------------  --------------  ---------------  -------------- 
       to re-elect Lance 
       Batchelor 
 5.    as a director         707,235,738        99.75       1,794,054            0.25        5,696,973     714,726,765 
      --------------------  ------------  -----------  --------------  --------------  ---------------  -------------- 
       to re-elect 
       Jonathan Hill 
 6.    as a director         705,365,307        99.49       3,649,649            0.51        5,711,242     714,726,198 
      --------------------  ------------  -----------  --------------  --------------  ---------------  -------------- 
       to re-elect Ray 
       King as a 
 7.    director              705,829,286        99.55       3,168,148            0.45        5,729,330     714,726,764 
      --------------------  ------------  -----------  --------------  --------------  ---------------  -------------- 
       to re-elect Bridget 
       McIntyre 
 8.    as a director         706,553,214        99.65       2,460,331            0.35        5,713,220     714,726,765 
      --------------------  ------------  -----------  --------------  --------------  ---------------  -------------- 
       to re-elect Orna 
       NiChionna 
 9.    as a director         705,812,330        99.55       3,187,511            0.45        5,726,923     714,726,764 
      --------------------  ------------  -----------  --------------  --------------  ---------------  -------------- 
       to re-elect Gareth 
       Williams 
 10.   as a director         704,104,751        99.65       2,462,302            0.35        8,159,371     714,726,424 
      --------------------  ------------  -----------  --------------  --------------  ---------------  -------------- 
       to elect Patrick 
       O'Sullivan 
 11.   as a director         707,102,143        99.73       1,889,537            0.27        5,733,951     714,725,631 
      --------------------  ------------  -----------  --------------  --------------  ---------------  -------------- 
       to re- appoint KPMG 
       LLP as 
 12.   auditors              713,889,869        99.92         593,016            0.08          244,221     714,727,106 
      --------------------  ------------  -----------  --------------  --------------  ---------------  -------------- 
       to authorise the 
       Audit Committee 
       to agree the 
       remuneration 
 13.   of the auditors       714,060,638        99.94         394,464            0.06          271,096     714,726,198 
      --------------------  ------------  -----------  --------------  --------------  ---------------  -------------- 
       to authorise the 
       Directors 
       to make political 
       donations 
       and expenditure up 
       to a specified 
 14.   amount                624,746,869        87.47      89,471,056           12.53          508,840     714,726,765 
      --------------------  ------------  -----------  --------------  --------------  ---------------  -------------- 
       to authorise the 
       Directors 
       to allot shares up 
       to a specified 
 15.   amount                707,710,599        99.07       6,651,917            0.93          364,249     714,726,765 
      --------------------  ------------  -----------  --------------  --------------  ---------------  -------------- 
       to authorise the 
       Directors 
       to allot shares and 
       sell 
       treasury shares for 
       cash 
       without making a 
       pre-emptive 
       offer to 
 16.   shareholders          707,349,707        99.03       6,950,535            0.97          434,508     714,734,750 
      --------------------  ------------  -----------  --------------  --------------  ---------------  -------------- 
       to authorise the 
       Directors 
       to allot shares and 
       sell 
       treasury shares for 
       cash 
       without making a 
       pre-emptive 
       offer to 
       shareholders (in 
       connection with an 
       acquisition/capital 
 17.   investment)           683,799,041        95.73      30,475,430            4.27          460,278     714,734,749 
      --------------------  ------------  -----------  --------------  --------------  ---------------  -------------- 
       to authorise the 
       Company 
       to purchase its own 
 18.   shares                711,649,812        99.63       2,661,299            0.37          416,787     714,727,898 
      --------------------  ------------  -----------  --------------  --------------  ---------------  -------------- 
       to authorise the 
       Company 
       to hold general 
       meetings 
       on not less than 14 
       days' 
 19.   notice                695,956,113        97.39      18,622,600            2.61          149,194     714,727,907 
      --------------------  ------------  -----------  --------------  --------------  ---------------  -------------- 
 

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

2) Resolutions 16-19 inclusive have been proposed as special resolutions and required a 75% majority.

3) The total voting rights of the Company as at 19(th) June 2018, the day on which shareholders had to be on the register in order to be eligible to vote, was 1,120,295,419.

   4)   The results will be made available on the Company's website: www.corporate.saga.co.uk 

5) In accordance with LR.9.6.2 a document setting out the resolutions passed at the AGM concerning special business has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM

6) Payment of final dividend will be made on 29 June to shareholders who were on the shareholder register on 18 May 2018.

Enquiries

Saga plc Tel: [phone]

Vicki Haynes,

Company Secretary

Enbrook Park

Sandgate

Folkestone

Kent

CT20 3SE

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June 21, 2018 11:11 ET (15:11 GMT)