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Company U and I Group PLC
TIDM UAI
Headline AGM Statement
Released 16:16 05-Jul-2018
Number 7768T16

RNS Number : 7768T
U and I Group PLC
05 July 2018
 

U AND I GROUP PLC Annual General Meeting - voting results and proxy appointments

 

The Annual General Meeting of U and I Group PLC was held today at 12 noon at 7A Howick Place, London SW1P 1DZ.

 

All resolutions proposed at the Meeting were decided on a poll and resolutions were passed.

 

The number of votes for and against each of the resolutions put before the Meeting and the number of votes withheld were as follows:

 

RESOLUTION

VOTES FOR

% VOTES FOR

VOTES AGAINST

% VOTES AGAINST

VOTES WITHHELD

1

Receipt of Financial statements and reports of the Directors and Auditors

 

102,349,518

99.94%

58,983

0.06%

62,394

2

Approval of the Remuneration Report

 

93,463,542

91.22%

8,999,825

8.78%

7,528

3

Re-election of P W Williams

 

77,586,069

79.32%

20,233,513

20.68%

4,651,313

4

Re-election of M S Weiner

 

97,130,488

98.76%

1,223,426

1.24%

4,116,981

5

Re-election of R Upton

 

101,235,428

98.79%

1,235,467

1.21%

0

6

Re-election of M O Shepherd

 

100,903,771

98.47%

1,566,650

1.53%

474

7

Re-election of N H Thomlinson

 

98,249,449

99.89%

104,465

0.11%

4,116,981

8

Re-election of B Bennett

 

97,111,964

98.74%

1,241,950

1.26%

4,116,981

9

Re-election of L G Krige

 

102,416,791

99.95%

52,000

0.05%

2,104

10

Election of R C Kerslake

102,412,421

99.94%

58,000

0.06%

474

11

Declaration of final dividend

 

102,470,895

100.00%

0

0.00%

0

12

Auditors' re-appointment

 

102,339,447

99.91%

87,770

0.09%

43,678

13

Authorise Directors to determine Auditors' remuneration

 

102,413,163

99.95%

52,000

0.05%

5,732

14

Authority to purchase own shares

 

102,355,327

99.91%

92,079

0.09%

23,489

15

Authority to allot shares

 

102,292,079

99.83%

173,342

0.17%

474

16

Disapplication of statutory pre-emption rights

 

102,339,524

99.87%

130,897

0.13%

474

17

General Meetings to be called on 14 days' notice

 

101,534,862

99.09%

936,033

0.91%

0

18

Authorise Directors to make political donations.

 

102,330,618

99.88%

125,249

0.12%

15,028

 

Notes to the disclosure

1.         Any proxy appointments which gave discretion to the Chairman have been included in the 'for' total.

2.         A 'vote withheld' is not a vote in law and is not counted in the calculation of the proportion of the votes for or against a resolution.

3.         Resolutions 14, 16 and 17 are Special Resolutions.

4.         Total voting rights of shares in issue: 125,410,621. Every shareholder has one vote for every ordinary share held.

5.         The Board notes the minority vote against Resolution 3 to approve the re-election of Peter Williams as Chairman. 

The Board undertook a very thorough process when it appointed Peter as its Chairman just under two years ago. This included evaluating his other business commitments and skillset to ensure he could provide the necessary time, expertise and passion to support U+I.  This is a process the Board undertakes with all its Directors and will continue to do so to ensure they can fulfil their roles. We will also continue to engage with our shareholders on the matter.

Since he joined U+I, Peter has made a hugely valuable contribution to the Company, beyond his statutory Board duties, and he continues to dedicate a significant amount of time to the success of the Business.

In accordance with paragraph 9.6.2 of the Listing Rules, copies of the resolutions passed at the meeting, other than resolutions concerning ordinary business, have been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.Hemscott.com/nsm.do

 

Chris Barton

Company Secretary

5 July 2018

 

 


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