Last checked at 2 May 2017 15:07
HOWDEN JOINERY GROUP PLC
(the "Company")
RESULTS OF ANNUAL GENERAL MEETING AND RETIREMENT OF DIRECTOR
Results of AGM
At the Annual General Meeting of the Company held on 2 May 2017, all resolutions put to shareholders were duly passed on a poll with the required majorities. The full text of each resolution is contained in the Notice of Annual General Meeting. Resolutions 1 to 15 were passed as ordinary resolutions. Resolutions 16 to 18 were passed as special resolutions.
The total number of ordinary shares in issue (excluding shares held in treasury) at the close of business on 27 April 2017 was 629,956,307.
The final votes received in respect of each resolution put to the meeting were as set out below.
| Votes for (including discretionary votes) | % Votes for | Votes against | % Votes against | Total number of votes validly cast | % of the Company's issued share capital represented by votes validly cast | Votes withheld* | |
Ordinary Resolutions | ||||||||
1 | To receive and adopt the Annual Report & Accounts | 490,664,775 | 99.56 | 2,164,166 | 0.44 | 492,828,941 | 78.23% | 892,168 |
2 | To approve the Directors' Remuneration Report | 468,357,142 | 97.07 | 14,135,645 | 2.93 | 482,492,787 | 76.59% | 11,228,319 |
3 | To declare a final dividend of 7.4 pence per ordinary share | 492,898,472 | 100.00 | 1,900 | 0.00 | 492,900,372 | 78.24% | 820,737 |
4 | To elect Debbie White | 492,866,716 | 100.00 | 21,856 | 0.00 | 492,888,572 | 78.24% | 832,537 |
5 | To re-elect Mark Allen | 489,174,813 | 99.25 | 3,720,685 | 0.75 | 492,895,498 | 78.24% | 825,610 |
6 | To re-elect Andrew Cripps | 489,115,494 | 99.23 | 3,777,005 | 0.77 | 492,892,499 | 78.24% | 828,610 |
7 | To re-elect Geoff Drabble | 489,555,751 | 99.32 | 3,339,997 | 0.68 | 492,895,748 | 78.24% | 825,360 |
8 | To re-elect Tiffany Hall | 484,913,492 | 98.38 | 7,982,580 | 1.62 | 492,896,072 | 78.24% | 825,037 |
9 | To re-elect Matthew Ingle | 489,455,115 | 99.30 | 3,431,040 | 0.70 | 492,886,155 | 78.24% | 828,660 |
10 | To re-elect Richard Pennycook | 488,581,576 | 99.12 | 4,315,173 | 0.88 | 492,896,749 | 78.24% | 824,360 |
11 | To re-elect Mark Robson | 481,752,636 | 97.74 | 11,141,113 | 2.26 | 492,893,749 | 78.24% | 825,360 |
12 | To re-appoint Deloitte LLP as the Auditor | 474,981,860 | 96.37 | 17,900,671 | 3.63 | 492,882,531 | 78.24% | 837,577 |
13 | To authorise the Directors to determine the remuneration of the Auditor | 488,352,467 | 99.08 | 4,533,556 | 0.92 | 492,886,023 | 78.24% | 835,086 |
14 | To renew authority to make political donations | 477,968,908 | 97.00 | 14,792,108 | 3.00 | 492,761,016 | 78.22% | 957,466 |
15 | To renew the Directors' authority to allot shares | 458,175,123 | 93.20 | 33,426,465 | 6.80 | 491,601,588 | 78.04% | 2,119,021 |
Special Resolutions | ||||||||
16 | To renew the Directors' authority for the disapplication of pre-emption rights | 492,413,165 | 99.98 | 81,418 | 0.02 | 492,494,583 | 78.18% | 1,226,526 |
17 | To renew the Directors' authority to make market purchases of the Company's own shares | 481,667,608 | 97.80 | 10,815,995 | 2.20 | 492,483,603 | 78.18% | 1,237,505 |
18 | To authorise general meetings to be held on 14 clear days' notice | 473,666,621 | 96.18 | 18,836,602 | 3.82 | 492,503,223 | 78.18% | 1,217,885 |
*A vote "withheld" is not a vote in law. Votes "withheld" were not counted in the calculation of the proportion of the votes for and against each of the resolutions.
In accordance with the Listing Rules, a copy of the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will be available for inspection at www.morningstar.co.uk/uk/NSM.
Full details of the poll results will also be available on the Company's website: www.howdenjoinerygroupplc.com/investors/shareholder/agm/
Retirement of Director
As previously announced, Michael Wemms stood down from the Board at the conclusion of the AGM.
Enquiries:
Forbes McNaughton, Company Secretary: +44 (0) 207 535 1137