SAGA PLC Result of AGM (7073Q)

TIDMSAGA

RNS Number : 7073Q

SAGA PLC

22 June 2020

22 June 2020

SAGA PLC - ANNUAL GENERAL MEETING 2020

Results of Annual General Meeting (AGM) held on 22 June 2020

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 19 May 2020 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 1-17 were passed as ordinary resolutions; Resolutions 18-21 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 the 
       annual report 
       and accounts and 
       director 
       and audit 
       reports for year 
       ended 31 January 
 1.    2020               645,800,971   99.98        156,774         0.02            1,082,169        647,039,914 
      -----------------  ------------  -----------  --------------  --------------  ---------------  ----------------- 
       to approve the 
       Directors' 
       Remuneration 
 2.    Report             536,042,769   82.92        110,416,414     17.08           581,780          647,040,963 
      -----------------  ------------  -----------  --------------  --------------  ---------------  ----------------- 
       to approve the 
       Saga plc 2020 
       Restricted Share 
 3.    Plan               604,360,644   97.16        17,653,018      2.84            25,026,393       647,040,055 
      -----------------  ------------  -----------  --------------  --------------  ---------------  ----------------- 
       To approve the 
       Directors' 
       Remuneration 
 4.    Policy             609,404,573   97.98        12,534,190      2.02            25,102,200       647,040,963 
      -----------------  ------------  -----------  --------------  --------------  ---------------  ----------------- 
       to re-elect 
       Patrick 
       O'Sullivan 
 5.    as a director      643,019,113   99.46        3,493,343       0.54            528,507          647,040,963 
      -----------------  ------------  -----------  --------------  --------------  ---------------  ----------------- 
       to re-elect 
       James Quin as 
 6.    a director         642,245,000   99.34        4,277,283       0.66            518,114          647,040,397 
      -----------------  ------------  -----------  --------------  --------------  ---------------  ----------------- 
       to re-elect Orna 
       NiChionna 
 7.    as a director      642,913,933   99.44        3,639,166       0.56            487,864          647,040,963 
      -----------------  ------------  -----------  --------------  --------------  ---------------  ----------------- 
       to re-elect Eva 
       Eisenschimmel 
 8.    as a director      634,788,070   99.46        3,421,118       0.54            8,831,209        647,040,397 
      -----------------  ------------  -----------  --------------  --------------  ---------------  ----------------- 
       to re-elect 
       Julie Hopes as 
 9.    a director         644,166,558   99.63        2,401,843       0.37            471,996          647,040,397 
      -----------------  ------------  -----------  --------------  --------------  ---------------  ----------------- 
       to re-elect 
       Gareth Hoskin 
 10.   as a director      644,110,076   99.62        2,446,808       0.38            483,513          647,040,397 
      -----------------  ------------  -----------  --------------  --------------  ---------------  ----------------- 
       to re-elect 
       Gareth Williams 
 11.   as a director      643,099,241   99.48        3,371,302       0.52            569,854          647,040,397 
      -----------------  ------------  -----------  --------------  --------------  ---------------  ----------------- 
       to elect Euan 
       Sutherland 
 12.   as a director      645,857,041   99.91        582,599         0.09            601,324          647,040,964 
      -----------------  ------------  -----------  --------------  --------------  ---------------  ----------------- 
       to elect Cheryl 
       Agius as 
 13.   a director         645,892,524   99.91        550,740         0.09            597,133          647,040,397 
      -----------------  ------------  -----------  --------------  --------------  ---------------  ----------------- 
       to re-appoint 
       KPMG LLP as 
 14.   auditors           646,363,794   99.92        496,909         0.08            179,694          647,040,397 
      -----------------  ------------  -----------  --------------  --------------  ---------------  ----------------- 
       to authorise the 
       Audit Committee 
       to agree the 
       remuneration 
 15.   of the auditors    646,444,454   99.94        388,577         0.06            206,458          647,039,489 
      -----------------  ------------  -----------  --------------  --------------  ---------------  ----------------- 
       to authorise the 
       Directors 
       to make 
       political 
       donations 
       and expenditure 
       up to a 
       specified 
 16.   amount             593,360,087   91.74        53,393,082      8.26            288,471          647,041,640 
      -----------------  ------------  -----------  --------------  --------------  ---------------  ----------------- 
       to authorise the 
       Directors 
       to allot shares 
       up to a 
       specified 
 17.   amount             633,905,593   98.04        12,678,061      1.96            457,121          647,040,775 
      -----------------  ------------  -----------  --------------  --------------  ---------------  ----------------- 
       to authorise the 
       Directors 
       to allot shares 
       and sell 
       treasury shares 
       for cash 
       without making a 
       pre-emptive 
       offer to 
 18.   shareholders       640,514,856   99.03        6,305,813       0.97            220,783          647,041,452 
      -----------------  ------------  -----------  --------------  --------------  ---------------  ----------------- 
       to authorise the 
       Directors 
       to allot shares 
       and sell 
       treasury shares 
       for cash 
       without making a 
       pre-emptive 
       offer to 
       shareholders (in 
       connection with 
       capital 
 19.   investment)        640,354,305   99.00        6,459,159       1.00            227,987          647,041,451 
      -----------------  ------------  -----------  --------------  --------------  ---------------  ----------------- 
       to authorise the 
       Company 
       to purchase its 
 20.   own shares         644,199,205   99.86        909,250         0.14            1,934,635        647,043,090 
      -----------------  ------------  -----------  --------------  --------------  ---------------  ----------------- 
       to authorise the 
       Company 
       to hold general 
       meetings 
       on not less than 
       14 days' 
 21.   notice             631,925,454   97.68        14,980,698      2.32            134,812          647,040,964 
      -----------------  ------------  -----------  --------------  --------------  ---------------  ----------------- 
 

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

2) Resolutions 18-21 inclusive have been proposed as special resolutions and required a 75% majority.

3) The total voting rights of the Company as at 18 June 2020, the day on which shareholders had to be on the register in order to be eligible to vote, was 1,122,003,328.

   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

Enquiries

Saga plc

Tel: [phone]

Vicki Haynes,

Company Secretary

Enbrook Park

Sandgate

Folkestone

Kent

CT20 3SE

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June 22, 2020 12:06 ET (16:06 GMT)