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Company Renishaw PLC
TIDM RSW
Headline Result of AGM
Released 14:20 20-Oct-2017
Number 2328U14

RNS Number : 2328U
Renishaw PLC
20 October 2017
 

Renishaw plc

 

Results of AGM 2017

 

All resolutions proposed at the Annual General Meeting held on 20 October 2017 were duly passed on a poll. Resolutions 1 to 15 were passed as ordinary resolutions and resolution 16 was passed as a special resolution. The result of the poll is as follows:

 

Resolution

Votes For

%

Votes Against

%

Votes Total

% of ISC1 Voted

Votes Withheld2

1.     Receive the reports of directors and financial statements

61,329,899

99.33

415,659

0.67

61,745,558

84.83%

998,946

2.     Approve the remuneration policy

60,902,216

98.94

654,533

1.06

61,556,749

84.57%

1,187,755

3.     Approve the remuneration report

61,697,021

99.60

250,317

0.40

61,947,338

85.11%

797,166

4.     Declare the final dividend

62,744,504

100.00

0

0.00

62,744,504

86.20%

0

5.     Re-elect David McMurtry as a director

47,660,505

78.87

12,769,416

21.13

60,429,921

83.02%

2,314,583

6.     Re-elect John Deer as a director

48,572,455

80.38

11,852,817

19.62

60,425,272

83.01%

2,319,232

7.     Re-elect Allen Roberts as a director

61,124,703

97.43

1,611,312

2.57

62,736,015

86.19%

8,489

8.     Re-elect Geoff McFarland as a director

61,133,351

97.44

1,603,164

2.56

62,736,515

86.19%

7,989

9.     Re-elect Will Lee as a director

61,133,351

97.44

1,603,164

2.56

62,736,515

86.19%

7,989

10.   Re-elect David Grant as a director

61,620,993

98.22

1,115,522

1.78

62,736,515

86.19%

7,989

11.   Re-elect Carol Chesney as a director

61,294,909

97.70

1,441,606

2.30

62,736,515

86.19%

7,989

12.   Re-elect John Jeans as a director

61,632,328

98.24

1,104,187

1.76

62,736,515

86.19%

7,989

13.   Re-elect Kath Durrant as a director

61,678,315

98.31

1,058,200

1.69

62,736,515

86.19%

7,989

14.   Re-appoint Ernst & Young LLP as auditors

62,734,438

99.99

6,883

0.01

62,741,321

86.20%

3,183

15.   Authorise the audit committee to determine the auditors' remuneration

62,737,369

99.99

4,228

0.01

62,741,597

86.20%

2,907

16.   Authorise the Company to purchase its own shares

62,067,919

98.92

676,585

1.08

62,744,504

86.20%

0

1 Issued Share Capital

2 A vote withheld is not a vote in law and is not counted towards votes cast "For" or "Against" a resolution.

 

Votes of independent shareholders on the resolutions concerning the election or re-election of the independent Non-executive Directors

10.   Re-elect David Grant as a director

23,011,484

95.38

1,115,522

4.62

24,127,006

70.59%

7,989

11.   Re-elect Carol Chesney as a director

22,685,400

94.02

1,441,606

5.98

24,127,006

70.59%

7,989

12.   Re-elect John Jeans as a director

23,022,819

95.42

1,104,187

4.58

24,127,006

70.59%

7,989

13.   Re-elect Kath Durrant as a director

23,068,806

95.61

1,058,200

4.39

24,127,006

70.59%

7,989

 

In accordance with Listing Rule 9.2.2E, Resolutions 10 to 13 inclusive were approved by: (a) the shareholders of the Company; and (b) the independent shareholders of the Company.

 

Special Resolution

 

In accordance with Listing Rule 9.6.2R, a copy of the following special resolution which was passed at the Annual General Meeting held on 20 October 2017 has been submitted to the National Storage Mechanism and will shortly be available for inspection at: http://www.morningstar.co.uk/uk/NSM.

 

THAT, the Company be and is hereby unconditionally authorised for the purposes of section 701 of the Companies Act 2006 (the "2006 Act") to make one or more market purchases (within the meaning of section 693(4) of the 2006 Act) of ordinary shares of 20p each in the capital of the Company ("ordinary shares") provided that:

 

(i)         the maximum number of ordinary shares hereby authorised to be purchased is 7,278,854;

 

(ii)         the maximum price that may be paid for an ordinary share is an amount equal to the higher of: (i) 105% of the average of the middle market quotations for an ordinary share (as derived from the London Stock Exchange Daily Official List) for the five business days immediately preceding the day on which the ordinary share is purchased; and (ii) an amount equal to the higher of the price of the last independent trade of an ordinary share and the highest current independent bid for an ordinary share on the trading venues where the purchase is carried out;

 

(iii)        the minimum price which may be paid for an ordinary share shall be 20p;

 

(iv)        the authority hereby conferred shall expire at the earlier of the conclusion of the annual general meeting to be held in 2018 and 31st December 2018 unless such authority is renewed prior to such time; and

 

(v)         the Company may make a contract to purchase ordinary shares under the authority hereby conferred prior to the expiry of such authority which contract will or may be executed wholly or partly after the expiration of such authority and may make a purchase of ordinary shares pursuant to such contract.

 

 

Renishaw plc

20 October 2017

 

Registered office:

New Mills, Wotton-under-Edge, Gloucestershire, GL12 8JR

Registered number:

1106260

LEI:

21380048ADXM6Z67CT18

Contact name:

Allen Roberts

Contact telephone:

01453 524445

www.renishaw.com


This information is provided by RNS
The company news service from the London Stock Exchange
 
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