STV Group PLC Result of AGM (7629X)

TIDMSTVG

RNS Number : 7629X

STV Group PLC

27 April 2023

 
 STV Group plc 
  LEI: 21380075GOOTTBDNDJ58 
  27 April 2023 
     RESULTS OF ANNUAL GENERAL MEETING 2023 
      STV Group plc (the 'Company') announces that, at the Annual 
      General Meeting held earlier today, resolutions 1 to 14 (inclusive), 
      16 and 17 were duly passed and resolution 15 was not passed 
      by the Company's shareholders on a poll. The results of the 
      poll are shown in the table below. 
      Votes 'For' and 'Against' are expressed as a percentage of 
      the total votes received. A 'Vote withheld' is not treated 
      as a vote in law and would not be counted in the calculation 
      of the proportion of the votes cast 'For' or 'Against' a resolution. 
 
      Resolutions 1 to 14 were proposed as Ordinary Resolutions 
      and resolutions 15 to 17 as Special Resolutions. The current 
      issued share capital of the Company consists of 46,722,499 
      ordinary shares of 50 pence, carrying one vote each. 
 
      The Board notes that resolution 15 was not passed and that 
      more than 20% of shareholders voted against four of the other 
      resolutions. All voting outcomes will be discussed through 
      ongoing dialogue with shareholders. 
 
      In accordance with the Listing Rule 9.6.2 copies of the resolutions 
      that do not constitute ordinary business at an annual general 
      meeting will be submitted to the National Storage Mechanism 
      and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism 
 
      Copies of announcements are available on the Company's website 
      www.stvplc.tv 
 
      Eileen Malcolmson 
      Company Secretary 
      27 April 2023 
 
       Resolution        For                           Against            Total      Withheld 
                            No.         % of        No.        % of        No.          No. 
                          of Votes      Vote      of Votes      Vote     of Votes     of Votes 
                        -----------  ---------  -----------  --------  -----------  ---------- 
       1.To receive 
        the Annual 
        Report and 
        Financial 
        Statements for 
        the 
        year ended 31 
        December 
        2022             40,007,493   99.999%       291       0.001%    40,024,495    16,711 
                        -----------  ---------  -----------  --------  -----------  ---------- 
       2.To approve 
        the Directors' 
        Annual Report 
        on 
        Remuneration 
        for the year 
        ended 
        31 December 
        2022             29,954,115   74.841%    10,069,446   25.159%   40,024,495      934 
                        -----------  ---------  -----------  --------  -----------  ---------- 
       3.To declare a 
        final 
        dividend of 
        7.4p per 
        ordinary share 
        in 
        respect of the 
        year 
        ended 31 
        December 
        2022             40,023,905   100.000%      190       0.000%    40,024,495      400 
                        -----------  ---------  -----------  --------  -----------  ---------- 
       4. To re-elect 
        Paul 
        Reynolds as a 
        Director 
        of the Company   30,416,243   76.026%    9,591,540    23.974%   40,024,495    16,712 
                        -----------  ---------  -----------  --------  -----------  ---------- 
       5.To re-elect 
        Simon 
        Pitts as a 
        Director 
        of the Company   40,023,754   99.999%       341       0.001%    40,024,495      400 
                        -----------  ---------  -----------  --------  -----------  ---------- 
       6.To re-elect 
        Lindsay 
        Dixon as a 
        Director 
        of the Company   40,023,754   99.999%       341       0.001%    40,024,495      400 
                        -----------  ---------  -----------  --------  -----------  ---------- 
       7. To re-elect 
        Simon 
        Miller as a 
        Director 
        of the Company   39,800,823   99.413%     234,840     0.587%    40,036,063      400 
                        -----------  ---------  -----------  --------  -----------  ---------- 
       8. To re-elect 
        Ian 
        Steele as a 
        Director 
        of the Company   39,086,675   97.630%     948,987     2.370%    40,036,063      401 
                        -----------  ---------  -----------  --------  -----------  ---------- 
       9.To re-elect 
        David 
        Bergg as a 
        Director 
        of the Company   40,035,322   99.999%       341       0.001%    40,036,063      400 
                        -----------  ---------  -----------  --------  -----------  ---------- 
       10. To re-elect 
        Aki 
        Mandhar as a 
        Director 
        of the Company   40,023,527   99.999%       568       0.001%    40,024,495      400 
                        -----------  ---------  -----------  --------  -----------  ---------- 
       11. To appoint 
        Deloitte 
        LLP as the 
        auditors 
        of the Company   40,023,421   99.998%       674       0.002%    40,024,495      400 
                        -----------  ---------  -----------  --------  -----------  ---------- 
       12. To 
        authorise the 
        Audit and Risk 
        Committee 
        to determine 
        the 
        remuneration 
        of the 
        auditors         40,009,932   99.997%      1,028      0.003%    40,024,495    13,535 
                        -----------  ---------  -----------  --------  -----------  ---------- 
       13. To 
        authorise the 
        Company to 
        make political 
        donations and 
        incur 
        political 
        expenditure      27,942,979   73.529%    10,059,833   26.471%   40,024,495   2,021,683 
                        -----------  ---------  -----------  --------  -----------  ---------- 
       14. To 
        authorise the 
        Directors to 
        allot 
        shares           30,645,178   76.595%    9,364,378    23.405%   40,024,495    14,939 
                        -----------  ---------  -----------  --------  -----------  ---------- 
       15. To 
        authorise the 
        Directors to 
        disapply 
        statutory 
        pre-emption 
        rights in 
        respect 
        of 5% of the 
        Company's 
        issued share 
        capital          29,714,992   74.245%    10,307,699   25.755%   40,024,495     1,804 
                        -----------  ---------  -----------  --------  -----------  ---------- 
       16. To permit 
        the 
        Company to 
        purchase 
        its own shares   37,976,432   99.890%      41,652     0.110%    40,024,495   2,006,411 
                        -----------  ---------  -----------  --------  -----------  ---------- 
       17. That the 
        Company 
        be entitled to 
        hold 
        general 
        meetings of 
        the Company on 
        the 
        provision of 
        14 clear 
        days' notice     39,962,784   99.847%      61,311     0.153%    40,024,495      400 
                        -----------  ---------  -----------  --------  -----------  ---------- 
 

Ends.

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April 27, 2023 11:36 ET (15:36 GMT)