Schroders PLC Result of AGM (9287X)

TIDMSDR

RNS Number : 9287X

Schroders PLC

02 May 2019

Schroders plc ('Schroders')

Annual General Meeting ('AGM') 2019 Results

A poll was held on each of the resolutions proposed at the AGM held earlier today. All resolutions were passed and the results are as follows:

 
       Resolution                    For (including      %       Against       %     Withheld          Votes cast 
                                      discretionary)                                              as a percentage 
                                                                                                     of Schroders 
                                                                                                           issued 
                                                                                                         ordinary 
                                                                                                    share capital 
       To receive the 
 1      Report & Accounts                200,119,766    99.99       11,791    0.01      48,334             88.55% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To declare the 
 2      Final Dividend                   200,176,210   100.00            0   0.00        3,681             88.56% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To approve the 
 3      Remuneration report              175,805,066    87.99   23,992,740   12.01   1,351,623             88.40% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To elect Deborah 
 4      Waterhouse                       200,161,955   100.00        2,895    0.00      15,041             88.56% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To elect Deborah 
 4*     Waterhouse                        91,838,244   100.00        2,895    0.00      15,041             78.03% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To elect Leonie 
 5      Schroder                         194,894,792    97.42    5,163,120    2.58     124,945             88.51% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To re-elect Michael 
 6      Dobson                           188,385,414    94.55   10,852,092    5.45     942,385             88.15% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To re-elect Peter 
 7      Harrison                         200,005,613    99.92      152,911    0.08      21,367             88.56% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To re-elect Richard 
 8      Keers                            199,680,761    99.76      477,858   0.24       21,272        88.56% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To re-elect Ian 
 9      King                           199,857,603      99.86      271,292    0.14      50,996             88.54% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To re-elect Ian 
 9*     King                              91,563,892    99.70      271,292    0.30      20,996             78.03% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To re-elect Sir 
 10     Damon Buffini                    199,963,871    99.90      194,935    0.10      21,085             88.56% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To re-elect Sir 
 10*    Damon Buffini                     91,640,160    99.79      194,935    0.21      21,085             78.03% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To re-elect Rhian 
 11     Davies                           199,996,824    99.92      162,482    0.08      20,585             88.56% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To re-elect Rhian 
 11*    Davies                            91,673,113    99.82      162,482    0.18      20,585             78.03% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To elect Rakhi 
 12     Goss-Custard                     199,927,731    99.88      231,154    0.12      21,006             88.56% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To elect Rakhi 
 12*    Goss-Custard                      91,604,020    99.75      231,154    0.25      21,006             78.03% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To re-elect Nichola 
 13     Pease                            197,968,513    98.90    2,193,722    1.10      16,081             88.56% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To re-elect Nichola 
 13*    Pease                             89,644,802    97.61    2,193,722    2.39      16,081             78.03% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To re-elect Philip 
 14     Mallinckrodt                     195,029,240    97.43    5,134,594   2.57       14,482             88.56% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To re-appoint Ernst 
        & Young LLP as 
 15     auditor                          200,161,718   100.00        8,424    0.00       8,174             88.56% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To authorise the 
        Audit and Risk 
        Committee to determine 
 16     the auditor's remuneration       200,163,527   100.00        8,178    0.00       6,611             88.56% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To renew the authority 
 17     to allot shares                  200,149,283    99.99       23,933    0.01       5,100             88.56% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To approve the 
        disapplication 
        of pre-emption 
 18     rights                           199,592,727    99.71      571,288    0.29      11,959             88.56% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       To renew the authority 
        to purchase own 
 19     shares                           199,503,385    99.67      663,580    0.33      11,351             88.56% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
       Notice of general 
 20     meetings                         196,981,365    98.41    3,186,460    1.59      10,491             88.56% 
      ----------------------------  ----------------  -------  -----------  ------  ----------  ----------------- 
 

For the purposes of section 341 of the Companies Act 2006, the votes validly cast are expressed in the table above as a percentage of Schroders' total issued ordinary share capital as at 6pm on 30 April 2019, being the time at which a shareholder had to be registered in the register of members in order to attend and vote at the AGM. A vote "withheld" is not a vote in law and has not been counted as a vote "for" or "against" a resolution.

The number of ordinary shares in issue at the date of this announcement is 226,022,400.

Resolutions 18, 19 and 20 were passed as special resolutions. Copies of resolutions 17, 18, 19 and 20 will be filed at Companies House.

In accordance with Listing Rule 9.2.2E, to be passed resolutions 4 and 9 to 13 must be approved by a simple majority of all shareholders and by a simple majority of the independent shareholders. The results of the independent shareholder vote on the applicable Resolutions are set out in 4* and 9* to 13* above.

In accordance with LR 9.6.2, a copy of the resolutions passed, other than resolutions concerning ordinary business, at today's AGM will be submitted to the National Storage Mechanism and will be available for inspection at http://www.morningstar.co.uk/uk/NSM.

As announced on 7 March 2019, Robin Buchanan having served on the Board for more than nine years, stepped down at the conclusion of the Annual General Meeting.

Enquiries:

Graham Staples

Company Secretary

Schroders plc

Tel: [phone]

2 May 2019

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May 02, 2019 09:36 ET (13:36 GMT)