Last checked at 25 May 2017 14:24
Inchcape plc (the "Company")
25 May 2017
Result of Annual General Meeting
The Company announces that all resolutions proposed at the Annual General Meeting of the Company held earlier today were passed.
Details of the votes cast on all resolutions are set out below and will also be available on the Company's website: www.inchcape.com
In accordance with UK Listing Rule 9.6.2 copies of all the resolutions passed, other than ordinary business, have been submitted to the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do.
Resolution | Votes For | % For | Votes Against | % Against | Votes Withheld |
1. To receive the Accounts and Directors' and Auditors Reports | 347,868,971 | 99.83 | 596,753 | 0.17 | 452,580 |
2. To approve the Directors' Report on Remuneration | 334,960,188 | 97.13 | 9,887,728 | 2.87 | 4,070,387 |
3. To approve the Remuneration Policy | 337,335,918 | 96.79 | 11,173,431 | 3.21 | 408,954 |
4. To approve a final dividend of 16.8p per ordinary share | 348,856,305 | 99.98 | 61,692 | 0.02 | 307 |
5. To re-elect Ken Hanna as a Director | 334,578,536 | 97.70 | 7,886,896 | 2.30 | 6,452,872 |
6. To re-elect Stefan Bomhard as a Director | 348,484,021 | 99.88 | 420,914 | 0.12 | 13,209 |
7. To elect Jerry Buhlmann as a Director | 348,479,999 | 99.88 | 421,972 | 0.12 | 16,333 |
8. To elect Rachel Empey as a Director | 348,479,773 | 99.88 | 425,322 | 0.12 | 13,209 |
9. To re-elect Richard Howes as a Director | 348,487,193 | 99.88 | 417,902 | 0.12 | 13,209 |
10. To re-elect John Langston as a Director | 348,329,469 | 99.84 | 574,628 | 0.16 | 14,207 |
11. To re-elect Coline McConville as a Director | 340,621,175 | 97.63 | 8,284,164 | 2.37 | 12,965 |
12. To re-elect Nigel Northridge as a Director | 348,426,413 | 99.86 | 478,294 | 0.14 | 13,597 |
13. To re-elect Nigel Stein as a Director | 348,481,539 | 99.88 | 422,556 | 0.12 | 14,209 |
14. To re-elect Till Vestring as a Director | 348,447,313 | 99.87 | 456,916 | 0.13 | 14,075 |
15. To reappoint PricewaterhouseCoopers LLP as Auditors | 340,989,845 | 98.66 | 4,640,350 | 1.34 | 3,288,109 |
16. To authorise the Audit Committee of the Board to determine the Auditors' remuneration | 348,540,492 | 99.90 | 347,819 | 0.10 | 29,885 |
17. To authorise the Directors to allot relevant securities pursuant to section 560(1) of the Companies Act 2006 | 348,646,596 | 99.92 | 267,827 | 0.08 | 3,881 |
18. To empower the Directors to disapply statutory pre-emption rights on the allotment of shares | 348,328,801 | 99.84 | 574,064 | 0.16 | 15,439 |
19. To empower the Directors to disapply statutory pre-emption rights on the allotment of shares for an acquisition or capital investment | 312,832,879 | 89.66 | 36,068,847 | 10.34 | 16,578 |
20. To authorise the Company to make market purchases of its ordinary shares up to 10.0% of its issued share capital | 343,728,903 | 98.66 | 4,670,980 | 1.34 | 518,421 |
21. Notice of Meetings | 335,081,658 | 96.04 | 13,832,670 | 3.96 | 3,975 |
Ends
Notes to editors
About Inchcape: Inchcape is a leading global premium automotive group, operating in 29 markets with a portfolio of the world's leading car brands in the fast-growing luxury and premium segments. Inchcape has diversified multi-channel revenue streams including sale of new and used vehicles, parts, service, finance and insurance.
The Company has been listed on the London Stock Exchange since 1958, is headquartered in London and employs around 16,300 people. www.inchcape.comwww.inchcape.com