RIGHTMOVE PLC - AGM Results
Updated : 16:26
RIGHTMOVE PLC - AGM Results
PR Newswire
London, May 4
4 May 2020
RIGHTMOVE PLC
(‘Rightmove’)
RESULTS OF THE 2020 ANNUAL GENERAL MEETING
The Annual General Meeting (‘AGM’) of Rightmove shareholders was held today at the Company’s registered office at 2 Caldecotte Lake Business Park, Caldecotte, Milton Keynes MK7 8LE. To comply with Government guidelines to reduce the spread of Covid-19, the AGM was convened with the minimum necessary quorum of two shareholders, as facilitated by the Company.
The full text of each resolution was included in the Notice of Meeting circulated to shareholders on 27 March 2020. The Company advises that, with the exception of Resolution 4 which was withdrawn, all of the resolutions were proposed and voted upon by poll(1), including shareholder votes submitted electronically or by post before the meeting. The results of the poll are set out below.
| Resolution | Votes FOR (including discretion) | % | Votes AGAINST | % | Withheld(2) | Votes cast as a % of capital(3) | |
| 1. | Receive the Report and Accounts | 705,986,320 | 99.23 | 5,498,902 | 0.77 | 1,267,274 | 81.49% |
| 2. | Approve the Remuneration Report | 684,058,225 | 96.08 | 27,900,733 | 3.92 | 793,538 | 81.54% |
| 3. | Approve the Remuneration Policy | 670,870,672 | 94.18 | 41,468,750 | 5.82 | 413,075 | 81.59% |
| 4. | Declare final dividend | ||||||
| 5. | Re-appoint KPMG LLP as auditors | 692,538,482 | 97.22 | 19,818,991 | 2.78 | 395,023 | 81.59% |
| 6. | Authorise directors to agree auditors’ remuneration | 704,298,571 | 98.87 | 8,055,940 | 1.13 | 397,985 | 81.59% |
| 7. | To elect Andrew Fisher | 707,131,039 | 99.27 | 5,222,634 | 0.73 | 398,824 | 81.59% |
| 8. | To elect Amit Tiwari | 712,341,198 | 100.00 | 19,885 | 0.00 | 391,414 | 81.59% |
| 9. | To re-elect Peter Brooks-Johnson | 712,144,468 | 99.97 | 216,615 | 0.03 | 391,414 | 81.59% |
| 10. | To re-elect Robyn Perriss | 709,810,582 | 99.64 | 2,550,803 | 0.36 | 391,112 | 81.59% |
| 11. | To re-elect Jacqueline de Rojas | 712,361,175 | 100.00 | 210 | 0.00 | 391,112 | 81.59% |
| 12. | To re-elect Rakhi Goss-Custard | 712,352,448 | 100.00 | 8,635 | 0.00 | 391,414 | 81.59% |
| 13. | To re-elect Andrew Findlay | 711,324,661 | 99.85 | 1,036,422 | 0.15 | 391,414 | 81.59% |
| 14. | To re-elect Lorna Tilbian | 692,404,692 | 97.20 | 19,956,193 | 2.80 | 391,612 | 81.59% |
| 15. | To renew authority to allot shares | 708,502,119 | 99.40 | 4,243,113 | 0.60 | 7,265 | 81.63% |
| 16. | Disapply pre-emption rights* | 712,212,848 | 99.92 | 536,062 | 0.08 | 3,587 | 81.63% |
| 17. | Disapply pre-emption rights for capital investments* | 705,595,735 | 99.00 | 7,148,104 | 1.00 | 8,657 | 81.63% |
| 18. | Renew authority to purchase own shares* | 704,892,934 | 99.05 | 6,731,312 | 0.95 | 1,128,250 | 81.51% |
| 19. | Authorise political donations | 703,881,368 | 98.84 | 8,226,335 | 1.16 | 644,794 | 81.56% |
| 20. | Approve 14 days’ notice for general meetings* | 677,864,354 | 95.16 | 34,498,180 | 4.84 | 389,953 | 81.59% |
| 21. | Approve 2020 Performance Share Plan | 703,837,022 | 98.75 | 8,911,617 | 1.25 | 3,857 | 81.63% |
* Indicates a Special Resolution requiring a 75% majority
In accordance with the Company's Articles of Association, on a poll every member present in person or by proxy has one vote for every share held.
A vote “withheld” is not a vote in law and has not been counted as a vote “for” or “against” a resolution.
The votes validly cast by proxy are expressed in the table above as a percentage of Rightmove’s issued share capital of 873,102,126 , excluding treasury shares of 13,285,490, as at 4 May 2020.
In accordance with LR 9.6.2, a copy of the resolutions passed, other than resolutions concerning ordinary business, at today’s AGM will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
No other resolutions were put to the meeting.
The Board appreciates the support it has received from our shareholders for the AGM resolutions.
Name and contact for queries and authorised official responsible for making this notification:
Sandra Odell
Company Secretary