Result of AGM Stagecoach Group PLC: Result of AGM
Post# of 301275
Stagecoach Group PLC: Result of AGM
At the Annual General Meeting (“AGM”) of Stagecoach Group plc (the "Company") held earlier today, 31 August 2018, shareholders duly passed all of the resolutions proposed. Each of the resolutions put to the AGM was voted on by way of a poll.
Resolutions 1 to 17 (inclusive) were passed as ordinary resolutions and resolutions 18 to 21 (inclusive) were passed as special resolutions. The votes received in respect of each of the resolutions were as follows:
Resolution | Votes For | % For | Votes Against | % Against | Total votes | Total votes as % of total voting rights | Votes Withheld | |
1. To receive the 2018 Annual Report and the reports of the Directors and auditors thereon | 453,608,912 | 99.98 | 82,329 | 0.02 | 453,691,241 | 79.12 | % | 1,686,632 |
2. To approve the Directors’ remuneration report (other than the summary of the Directors’ remuneration policy) | 412,785,612 | 91.01 | 40,781,294 | 8.99 | 453,566,906 | 79.10 | % | 1,810,965 |
3. To declare a final dividend | 455,361,849 | 100.00 | 16,127 | 0.00 | 455,377,976 | 79.42 | % | 2,998 |
4. To re-elect Gregor Alexander as a Director | 454,246,242 | 99.83 | 779,146 | 0.17 | 455,025,388 | 79.36 | % | 355,585 |
5. To re-elect James Bilefield as a Director | 454,131,756 | 99.74 | 1,168,520 | 0.26 | 455,300,276 | 79.40 | % | 80,698 |
6. To re-elect Sir Ewan Brown as a Director | 445,892,337 | 98.25 | 7,963,839 | 1.75 | 453,856,176 | 79.15 | % | 1,524,797 |
7. To re-elect Ann Gloag as a Director | 453,529,967 | 99.61 | 1,772,466 | 0.39 | 455,302,433 | 79.40 | % | 78,541 |
8. To re-elect Martin Griffiths as a Director | 453,964,570 | 99.70 | 1,361,231 | 0.30 | 455,325,801 | 79.41 | % | 55,173 |
9. To re-elect Ross Paterson as a Director | 453,799,469 | 99.67 | 1,497,930 | 0.33 | 455,297,399 | 79.40 | % | 83,575 |
10. To re-elect Sir Brian Souter as a Director | 434,910,092 | 95.52 | 20,376,640 | 4.48 | 455,286,732 | 79.40 | % | 94,241 |
11. To re-elect Karen Thomson as a Director | 454,551,878 | 99.83 | 752,282 | 0.17 | 455,304,160 | 79.41 | % | 76,814 |
12. To re-elect Ray O’Toole as a Director | 453,757,700 | 99.66 | 1,547,931 | 0.34 | 455,305,631 | 79.41 | % | 75,343 |
13. To re-elect Will Whitehorn as a Director | 454,162,031 | 99.75 | 1,158,714 | 0.25 | 455,320,745 | 79.41 | % | 60,229 |
14. To re-appoint Ernst & Young LLP as auditors | 455,136,631 | 99.96 | 161,634 | 0.04 | 455,298,265 | 79.40 | % | 82,709 |
15. To authorise the Audit Committee to determine the auditors’ remuneration | 455,205,098 | 99.98 | 108,527 | 0.02 | 455,313,625 | 79.41 | % | 64,248 |
16. To authorise political donations | 453,297,877 | 99.57 | 1,952,539 | 0.43 | 455,250,416 | 79.40 | % | 130,558 |
17. To authorise the Directors to allot shares | 452,055,484 | 99.28 | 3,281,697 | 0.72 | 455,337,181 | 79.41 | % | 40,692 |
18. To disapply statutory pre-emption rights attaching to shares | 454,957,541 | 99.93 | 314,829 | 0.07 | 455,272,370 | 79.40 | % | 100,811 |
19. To disapply statutory pre-emption rights in connection with an acquisition or specified capital investment | 452,936,560 | 99.49 | 2,333,754 | 0.51 | 455,270,314 | 79.40 | % | 107,558 |
20. To authorise the Company to purchase its ordinary shares | 454,375,302 | 99.84 | 732,030 | 0.16 | 455,107,332 | 79.37 | % | 270,540 |
21. To approve the notice period for calling general meetings | 447,978,444 | 98.39 | 7,353,000 | 1.61 | 455,331,444 | 79.41 | % | 46,429 |
Notes:
The percentages of votes “For” and “Against” each resolution are expressed as a percentage of the total of the votes “For” and votes “Against” the resolution (together the “Total Votes”). A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes “For” and “Against” a resolution.
The “Total votes as % of total voting rights” column shows the percentage that the Total Votes on that resolution represent of the total number of voting rights attached to shares in issue at the date of the AGM. The total number of voting rights attached to shares in issue at the date of the AGM excluding shares held in treasury was 573,393,432.
In accordance with the Financial Conduct Authorities Listing Rule 9.6.2, copies of all the resolutions passed other than resolutions concerning ordinary business have been submitted today to the National Storage Mechanism ("NSM") and will shortly be available for inspection on the NSM's website at http://www.morningstar.co.uk/uk/NSM .
For further information, please contact:
Stagecoach Group plc www.stagecoach.com
Mike Vaux, Company Secretary 01738 442111
31 August 2018