Result of AGM
2 June 2020
Arrow Global Group Plc
Result of Voting at 2020 Annual General Meeting
(the “Company”)
The Company announces that all resolutions were passed by the requisite majorities on a poll at the Company’s Annual General Meeting held on Tuesday, 2 June 2020. The results of the poll, incorporating proxy votes lodged in advance of the meeting, are set below and will be published on the Company’s website www.arrowglobal.net. The full text of the resolutions is set out in the Notice of Meeting dated 14 April 2020, which is also available at www.arrowglobal.net.
In accordance with Listing Rule 9.6.2, a copy of the resolutions passed as special business (resolutions 13 to 16 inclusive) have been submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
|
Resolution |
Votes For |
% Votes For 1 |
Votes Against |
% Votes Against1 |
Total Votes Validly Cast |
% of Issued Share Capital Voted 1,2 |
Votes Withheld3 |
|
1 To receive the annual report and accounts for the year ended 31 December 2019 |
123,854,108 |
98.69% |
1,640,464 |
1.31% |
125,494,572 |
70.79 |
0 |
|
2 To approve the directors’ remuneration report for the year ended 31 December 2019 (other than the part containing the directors’ remuneration policy)
|
104,509,694 |
83.28% |
20,982,787 |
16.72% |
125,492,481 |
70.79 |
2,091 |
|
3 To elect Matt Hotson as a director |
125,462,469 |
99.98% |
30,211 |
0.02% |
125,492,680 |
70.79 |
1,893 |
|
4 To re-elect Jonathan Bloomer as a director |
123,711,280 |
98.61% |
1,743,850 |
1.39% |
125,455,130 |
70.77 |
39,443 |
|
5 To re-elect Lee Rochford as a director |
125,449,273 |
99.97% |
38,959 |
0.03% |
125,488,232 |
70.79 |
6,341 |
|
6 To re-elect Lan Tu as a director |
108,057,588 |
86.11% |
17,430,525 |
13.89% |
125,488,113 |
70.79 |
6,459 |
|
7 To re-elect Maria Luís Albuquerque as a director |
125,490,562 |
100.00% |
2,000 |
0.00% |
125,492,562 |
70.79 |
2,011 |
|
8 To re-elect Andrew Fisher as a director |
125,486,232 |
100.00% |
2,000 |
0.00% |
125,488,232 |
70.79 |
6,341 |
|
9 To re-appoint KPMG LLP as auditor of the Company |
125,466,659 |
99.98% |
26,021 |
0.02% |
125,492,680 |
70.79 |
1,893 |
|
10 To authorise the directors to agree the auditor’s remuneration |
125,488,232 |
100.00% |
4,448 |
0.00% |
125,492,680 |
70.79 |
1,893 |
|
11 To authorise the Company to make political donations |
122,018,134 |
97.23% |
3,474,546 |
2.77% |
125,492,680 |
70.79 |
1,893 |
|
12 To authorise the directors to allot shares up to specific limits |
124,628,069 |
99.31% |
866,504 |
0.69% |
125,494,573 |
70.79 |
0 |
|
13 To disapply statutory pre-emption rights (up to the customary 5% limit)4 |
121,966,333 |
97.19% |
3,526,240 |
2.81% |
125,492,573 |
70.79 |
2,000 |
|
14 To disapply statutory pre-emption rights (up to the enhanced 5% limit)4 |
121,954,726 |
97.18% |
3,539,846 |
2.82% |
125,494,572 |
70.79 |
0 |
|
15 To authorise the Company to purchase its own shares4 |
125,467,739 |
99.98% |
19,969 |
0.02% |
125,487,708 |
70.79 |
6,864 |
|
16 To authorise a general meeting (other than an annual general meeting) to be held on 14 clear days’ notice4
|
125,269,877 |
99.82% |
222,803 |
0.18% |
125,492,680 |
70.79 |
1,893 |
Notes:
1. Percentages are rounded to two decimal places.
2. The number of ordinary shares in issue at 6.00pm on 1 June 2020 was177,278,244.
3. A vote withheld is not a vote in law and is not counted in the calculation of the percentage votes for or against a resolution.
4. Special resolution requiring a 75% majority.
Statement from the Company:
ENQUIRIES
Stewart Hamilton (Company Secretary) +44 (0) 161 242 5861
END
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