Tate & Lyle PLC Result of AGM (9098T)

TIDMTATE

RNS Number : 9098T

Tate & Lyle PLC

23 July 2020

Tate & Lyle PLC

Result of Annual General Meeting 2020

Tate & Lyle PLC (the 'Company') announces that at its Annual General Meeting ('AGM') held earlier today, all resolutions contained in the Notice of Annual General Meeting 2020 were duly passed.

The Board recognises that the AGM is an opportunity for shareholders to express their views directly to Board members and, despite the necessary changes to the format of the AGM this year due to Covid-19, the Board was keen to ensure that shareholders had the opportunity for engagement in advance of the AGM. Therefore, shareholders were invited to submit questions in advance of the meeting and an audiocast was made available giving shareholders an opportunity to hear a presentation from our Chairman, Gerry Murphy, and our Chief Executive, Nick Hampton. You can listen to the audiocast from this link or from our website www.tateandlyle.com/investors/agm . The audiocast is available to watch on the above link until Thursday 24 August 2020.

The results of the poll held at the AGM are as follows:

 
              Resolution                    Total For(1)         Total Against      Votes withheld(2) 
                                        No. of votes   % of      No. of     % of      No. of votes 
                                                        vote      votes      vote 
                                       -------------  ------  -----------  ------  ------------------ 
 1.    Report and Accounts               343,696,790   99.92      262,575    0.08             956,885 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
 2.    Remuneration Policy               333,350,795   97.24    9,474,353    2.76           1,515,345 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
 3.    Remuneration Report               339,436,069   99.01    3,400,066    0.99           1,504,358 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
 4.    Approve final dividend            343,654,497   99.97      111,503    0.03             574,494 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
 5.    Re-elect Dr Gerry Murphy          342,028,584   99.52    1,634,972    0.48             676,937 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
 6.    Re-elect Nick Hampton             342,872,428   99.76      837,432    0.24             630,634 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
 7.    Re-elect Imran Nawaz              341,598,625   99.39    2,102,336    0.61             639,533 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
 8.    Re-elect Paul Forman              342,364,816   99.61    1,337,088    0.39             638,590 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
 9.    Re-elect Lars Frederiksen         342,268,434   99.58    1,429,193    0.42             642,867 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
 10.   Re-elect Anne Minto               342,002,984   99.76      831,106    0.24           1,506,404 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
 11.   Re-elect Kimberly Nelson          343,105,202   99.83      590,747    0.17             644,545 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
 12.   Re-elect Dr Ajai Puri             342,489,791   99.65    1,210,927    0.35             639,776 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
 13.   Re-elect Sybella Stanley          341,708,376   99.42    1,999,971    0.58             632,147 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
 14.   Re-elect Warren Tucker            342,246,052   99.58    1,447,564    0.42             646,878 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
       Re-appoint Ernst & 
 15.    Young LLP                        344,233,498   99.98       69,337    0.02             613,415 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
 16.   Approve auditors' remuneration    344,262,284   99.99       50,563    0.01             603,403 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
       Authority to make political 
        donations and incur 
 17.    political expenditure            342,084,482   99.44    1,928,843    0.56             902,925 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
 18.   Approve Sharesave Plan            340,911,128   99.03    3,326,360    0.97             678,762 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
       Approve Performance 
 19.    Share Plan                       338,838,742   98.44    5,376,337    1.56             701,170 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
       Authority to allot 
 20.    shares                           331,611,876   96.31   12,702,248    3.69             602,126 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
       Authority to disapply 
 21.    pre-emption rights               342,293,309   99.42    1,999,300    0.58             624,374 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
       Additional authority 
        to disapply pre-emption 
        rights for an acquisition 
        or specified capital 
 22.    investment                       340,744,123   98.97    3,540,771    1.03             632,088 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
       Authority to purchase 
 23.    own shares                       340,842,469   99.21    2,702,783    0.79           1,370,997 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
       Authority in respect 
        of notices for general 
 24.    meetings                         330,615,449   96.02   13,690,620    3.98             610,181 
      -------------------------------  -------------  ------  -----------  ------  ------------------ 
 

(1) Includes discretionary votes.

(2) A 'vote withheld' is not a vote in law and is not counted in the calculation of the proportion of votes 'For' or 'Against' a resolution.

On 21 July 2020, there were 468,417,247 ordinary shares and 2,394,000 preference shares (which have limited voting rights) in issue.

In accordance with Listing Rule 9.6.2, copies of the resolutions passed as special business at the AGM will shortly be available to view via the National Storage Mechanism at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

Claire-Marie O'Grady

Company Secretary

23 July 2020

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July 23, 2020 08:00 ET (12:00 GMT)