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Share Name Share Symbol Market Type Share ISIN Share Description
Standard Chartered Plc LSE:STAN London Ordinary Share GB0004082847 ORD USD0.50
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.00 0.7% 431.70 433.50 433.70 435.40 430.10 432.00 4,473,996 16:35:14
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Banks 8,990.6 1,179.8 7.6 57.0 13,465

Standard Chartered PLC Result of AGM

12/05/2021 6:22pm

UK Regulatory (RNS & others)


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TIDMSTAN

RNS Number : 4514Y

Standard Chartered PLC

12 May 2021

RESULT OF AGM

RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING

Wednesday 12 May 2021

Standard Chartered PLC (the 'Company') announces the result of voting on the resolutions at its Annual General Meeting ('AGM') held on Wednesday 12 May 2021, as set out in the Notice of AGM.

A poll was held on each of the resolutions and was passed by the required majority. Resolutions 1 to 23 were passed as ordinary resolutions. Resolutions 24 to 29 were passed as special resolutions. The results of the poll were as follows:

 
           Resolution              Votes For      %     Votes Against    %       Votes     Total Votes      % of 
                                                                                Withheld                  ISC voted 
 1. To receive the 
  Company's annual 
  report and accounts 
  for the financial 
  year ended 
  31 December 2020 
  together with the 
  reports of the directors 
  and auditors.                   609,538,852   99.65     2,142,527     0.35   1,195,862   611,681,379     78.44 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 2. To declare a 
  final dividend of 
  US$0.09 per ordinary 
  share for the year 
  ended 31 December 
  2020.                           612,093,837   99.88      730,828      0.12    52,576     612,824,665     78.59 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 3. To approve the 
  annual report on 
  remuneration contained 
  in the Directors' 
  Remuneration Report 
  for the year ended 
  31 December 2020.               596,685,018   98.59     8,508,938     1.41   7,673,691   605,193,956     77.61 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 4. To elect Maria 
  Ramos, an independent 
  non-executive director.         612,524,940   99.96      219,617      0.04    132,605    612,744,557     78.58 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 5. To re-elect David 
  Conner, an independent 
  non-executive director.         612,613,621   99.97      183,713      0.03    80,656     612,797,334     78.59 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 6. To re-elect Byron 
  Grote, an independent 
  non-executive director.         603,180,974   98.44     9,560,562     1.56    136,844    612,741,536     78.58 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 7. To re-elect Andy 
  Halford, an executive 
  director.                       612,370,639   99.93      432,966      0.07    74,780     612,803,605     78.59 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 8. To re-elect Christine 
  Hodgson, CBE, an 
  independent non-executive 
  director.                       602,835,750   99.54     2,799,162     0.46   7,243,470   605,634,912     77.67 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 9. To re-elect Gay 
  Huey Evans, OBE, 
  an independent non-executive 
  director.                       612,555,113   99.96      235,874      0.04    87,399     612,790,987     78.59 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 10. To re-elect 
  Naguib Kheraj, an 
  independent non-executive 
  director.                       610,168,899   99.57     2,621,935     0.43    87,548     612,790,834     78.59 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 11. To re-elect 
  Phil Rivett, an independent 
  non-executive director.         610,170,782   99.57     2,613,969     0.43    93,629     612,784,751     78.59 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 12. To re-elect 
  David Tang, an independent 
  non-executive director.         612,610,005   99.97      178,117      0.03    90,341     612,788,122     78.59 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 13. To re-elect 
  Carlson Tong, an 
  independent non-executive 
  director.                       612,558,604   99.97      173,036      0.03    146,824    612,731,640     78.58 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 14. To re-elect 
  José Viñals, 
  as Group Chairman.              592,330,407   97.41    15,750,855     2.59   4,797,112   608,081,262     77.98 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 15. To re-elect 
  Jasmine Whitbread, 
  an independent non-executive 
  director.                       610,132,113   99.57     2,659,434     0.43    86,833     612,791,547     78.59 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 16. To re-elect 
  Bill Winters, CBE, 
  an executive director.          612,509,039   99.97      196,318      0.03    173,029    612,705,357     78.58 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 17. To re-appoint 
  Ernst & Young LLP 
  as auditor to the 
  Company from the 
  end of the AGM until 
  the end of next year's 
  AGM.                            608,043,361   99.22     4,774,589     0.78    60,512     612,817,950     78.59 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 18. To authorise 
  the Audit Committee, 
  acting for and on 
  behalf of the Board, 
  to set the remuneration 
  of the auditor.                 612,492,490   99.95      325,492      0.05    60,479     612,817,982     78.59 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 19. To authorise 
  the Company and its 
  subsidiaries to make 
  political donations 
  and incur political 
  expenditure within 
  the limits prescribed 
  in the resolution.              607,091,493   99.07     5,694,204     0.93    92,231     612,785,697     78.59 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 20. To approve the 
  2021 Standard Chartered 
  Share Plan and authorise 
  the Board to do 
  anything it considers 
  necessary or desirable 
  for its implementation 
  and operation.                  604,960,923   98.72     7,867,553     1.28    49,905     612,828,476     78.59 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 21. To authorise 
  the Board to allot 
  ordinary shares.                594,777,133   97.09    17,853,650     2.91    247,594    612,630,783     78.57 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 22. To extend the 
  authority to allot 
  shares granted pursuant 
  to resolution 21 
  by such number 
  of shares repurchased 
  by the Company under 
  the authority granted 
  pursuant to resolution 
  27.                             595,583,468   97.47    15,428,068     2.53   1,866,846   611,011,536     78.36 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 23. To authorise 
  the Board to allot 
  shares and grant 
  rights 
  to subscribe for 
  or to convert any 
  security into shares 
  in relation to any 
  issue by the Company 
  of Equity Convertible 
  Additional Tier 1 
  Securities.                     604,261,847   98.90     6,738,696     1.10   1,877,840   611,000,543     78.36 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 24. To authorise 
  the Board to disapply 
  pre-emption rights 
  in relation to the 
  authority granted 
  pursuant to resolution 
  21.                             606,899,574   99.33     4,082,895     0.67   1,895,914   610,982,469     78.36 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 25. In addition 
  to the authority 
  granted pursuant 
  to resolution 24, 
  to authorise the 
  Board to 
  disapply pre-emption 
  rights in relation 
  to the authority 
  granted pursuant 
  to resolution 21 
  for the purposes 
  of acquisitions and 
  other capital investments.      597,553,370   97.80    13,467,720     2.20   1,857,291   611,021,090     78.36 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 26. In addition 
  to the authorities 
  granted pursuant 
  to resolutions 24 
  and 25, to authorise 
  the 
  Board to disapply 
  pre-emption rights 
  in relation to the 
  authority granted, 
  in respect of Equity 
  Convertible Additional 
  Tier 1 Securities, 
  pursuant to resolution 
  23.                             600,953,095   98.35    10,054,442     1.65   1,870,747   611,007,537     78.36 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 27. To authorise 
  the Company to purchase 
  its own ordinary 
  shares.                         605,114,743   98.95     6,432,167     1.05   1,330,051   611,546,910     78.43 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 28. To authorise 
  the Company to purchase 
  its own preference 
  shares.                         610,465,766   99.82     1,081,957     0.18   1,330,735   611,547,723     78.43 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 29. To enable the 
  Company to call a 
  general meeting other 
  than an Annual General 
  Meeting on no less 
  than 14 clear days' 
  notice.                         583,487,507   95.22    29,310,852     4.78    76,146     612,798,359     78.59 
                                 ------------  ------  --------------  -----  ----------  ------------  ----------- 
 

As at the date of the AGM, the number of issued ordinary shares of the Company was 3,119,033,863 , which was the total number of shares entitling the holders to attend and vote for or against all resolutions. There was no share entitling the holder to attend and abstain from voting in favour of any of the resolutions as set out in rule 13.40 of the Hong Kong Listing Rules . In accordance with the Company's Articles of Association, on a poll every member has one vote for every four shares held, therefore the total number of voting rights was 779,758,465 . Votes withheld are not votes in law and have not been counted in the calculation of the proportion of votes 'for' or 'against' a resolution. Proxy appointments which gave discretion to the Chairman have been included in the 'for' total.

There were no restrictions on any shareholders casting votes on any of the resolutions proposed at the AGM, save resolution 21. Directors (excluding independent non-executive directors) and their respective associates were required to abstain, and have abstained, from resolution 21 which affected a total of 719,266 voting rights. The scrutineer of the poll was Computershare Investor Services PLC, the Company's Share Registrar.

Copies of resolutions put to shareholders at the AGM today will be submitted to the UK Listing Authority and will shortly be available for inspection at the UK Listing Authority's National Storage Mechanism, which can be accessed at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

For further information, please contact:

Julie Gibson

Global Head, Media Relations

1 Basinghall Avenue

London

EC2V 5DD

+44 2078852434

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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END

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May 12, 2021 13:22 ET (17:22 GMT)

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