Last checked at 7 Feb 2019 11:25
7 February 2019
FUTURE plc
Result of Annual General Meeting
Future plc (LSE: FUTR), the global platform for specialist media, announces that all resolutions put to its Annual General Meeting today were duly passed on a show of hands. The proxy figures for the resolutions proposed were as shown below.
All of the resolutions put to the meeting related to Ordinary business.
In relation to resolutions 2 and 3, while shareholders have approved the Directors' Remuneration Report and the Remuneration Policy by a clear majority, with 66.83% and 70.42% of votes cast, respectively, in favour, the Company recognises the large number of votes opposing these resolutions.
In addition to the consultation with shareholders that was undertaken prior to publication of the Annual Report 2018, the Company will further engage with shareholders during the coming months in relation to the Company's Remuneration Policy to ensure that shareholders' views are considered. These views will also inform the Company's Remuneration Policy which will be subject to shareholder approval at the next Annual General Meeting.
The Company's Annual Report 2018 (which includes the Notice calling today's Annual General Meeting on pages 107 to 108) is available on the Company's website, www.futureplc.com, and on request to the Company's registered office at Quay House, The Ambury, Bath BA1 1UA or by email: investor.relations@futurenet.com.
Appendix - Proxy results:
Resolution No (as noted on the Notice) | Shares For | Shares Discretionary | Shares Against | Shares Marked as Votes Withheld | %age Shares For |
1 | 69,787,651 | 577 | 0 | 40,575 | 100% |
2 | 43,527,460 | 1,271 | 21,601,804 | 4,698,268 | 66.83% |
3 | 45,863,390 | 1,271 | 19,264,216 | 4,699,926 | 70.42% |
4 | 69,828,232 | 571 | 0 | 0 | 100% |
5 | 64,996,562 | 571 | 133,139 | 4,698,531 | 99.79% |
6 | 69,741,043 | 571 | 86,892 | 297 | 99.87% |
7 | 61,156,900 | 571 | 6,742,088 | 1,929,244 | 90.07% |
8 | 69,696,468 | 571 | 131,594 | 170 | 99.81% |
9 | 69,741,104 | 571 | 86,958 | 170 | 99.87% |
10 | 60,805,670 | 571 | 4,324,158 | 4,698,404 | 93.36% |
11 | 68,633,866 | 571 | 1,193,098 | 1,268 | 98.29% |
12 | 68,224,072 | 571 | 1,604,154 | 6 | 97.70% |
13 | 69,732,627 | 571 | 95,579 | 26 | 99.86% |
14 | 62,003,995 | 571 | 7,804,468 | 19,769 | 88.82% |
15 | 63,230,301 | 571 | 6,596,372 | 1,559 | 90.55% |
16 | 63,229,901 | 571 | 6,596,487 | 1,844 | 90.55% |
17 | 59,696,025 | 593 | 10,132,018 | 167 | 85.49% |
Enquiries
Future plc | 01225 442 244 |
Zillah Byng-Thorne, Chief Executive Officer | |
Penny Ladkin-Brand, Chief Financial Officer
| |
Instinctif Partners | 020 7457 2077 |
Kay Larsen / Chantal Woolcock |