Result of AGM
THE LAW DEBENTURE CORPORATION p.l.c.
Results of Proxy Voting - AGM - 11 April 2019
Ordinary shares with voting rights in issue - 118,384,040
Turnout - based on number of valid votes cast (excluding votes withheld) on resolution 4, being the resolution that attracted the highest number of votes - 32,296,841 (27.28%)
Resolution No. 1 - to receive the strategic and directors' report and the accounts for the year ended 31 December 2018
For * | 32,294,063 | |
Against | 883 | |
Percentage majority in favour | 99.99% | |
Votes withheld ** | 16,718 |
Resolution No. 2 - to approve the directors' remuneration report for the year ended 31 December 2018
For * | 31,523,592 | |
Against the resolution | 673,060 | |
Percentage majority in favour | 97.91% | |
Votes withheld ** | 115,012 |
Resolution No. 3 - to approve amendments to the remuneration policy
For * | 31,560,733 | |
Against the resolution | 662,366 | |
Percentage majority in favour | 97.94% | |
Votes withheld ** | 63,565 |
Resolution No. 4 - to declare a final dividend of 12.90 pence per share
For * | 32,295,958 | |
Against the resolution | 883 | |
Percentage majority in favour | 99.99% | |
Votes withheld ** | 14,823 |
Resolution No.5 - to re-elect Denis Jackson as a director
For * | 32,030,641 | |
Against the resolution | 184,836
| |
Percentage majority in favour | 99.43% | |
Votes withheld ** | 96,187 |
Resolution No.6 - to re-elect Robert Hingley as a director
For * | 32,158,227 | |
Against the resolution | 116,049 | |
Percentage majority in favour | 99.64% | |
Votes withheld ** | 37,388 |
Resolution No.7 - to re-elect Robert Laing as a director
For * | 31,670,242 | |
Against the resolution | 604,034 | |
Percentage majority in favour | 98.13% | |
Votes withheld ** | 37,388 |
Resolution No.8 - to re-elect Mark Bridgeman as a director
For * | 32,162,289 | |
Against the resolution | 111,987 | |
Percentage majority in favour | 99.65% | |
Votes withheld ** | 37,388 |
Resolution No.9 - to re-elect Tim Bond as a director
For * | 32,149,212 | |
Against the resolution | 121,604 | |
Percentage majority in favour | 99.62% | |
Votes withheld ** | 40,848 |
Resolution No.10 - to elect Katie Thorpe as a director
For * | 32,015,042 | |
Against the resolution | 177,351 | |
Percentage majority in favour | 99.45% | |
Votes withheld ** | 119,271 |
Resolution No.11 - increase article limit on NED ordinary remuneration
For * | 31,964,849 | |
Against the resolution | 234,887 | |
Percentage majority in favour | 99.27% | |
Votes withheld ** | 111,928 |
Resolution No. 12 - to re-appoint BDO LLP as auditors
For * | 32,219,624 | |
Against the resolution | 31,511 | |
Percentage majority in favour | 99.90% | |
Votes withheld ** | 60,529 |
Resolution No. 13 - general authority to allot shares
For * | 32,199,300 | |
Against the resolution | 62,843 | |
Percentage majority in favour | 99.81% | |
Votes withheld ** | 49,521 |
Resolution No. 14 - disapplication of statutory pre-emption rights (Special Resolution requiring 75% majority)
For * | 32,050,670 | |
Against the resolution | 164,144 | |
Percentage majority in favour | 99.49% | |
Votes withheld ** | 96,850 |
Resolution No. 15 - General authority to buy back shares (Special Resolution requiring 75% majority)
For * | 32,148,341 | |
Against the resolution | 140,042 | |
Percentage majority in favour | 99.57% | |
Votes withheld ** | 23,281 |
Resolution No. 16 - authority to convene a general meeting - notice (Special Resolution requiring 75% majority)
For * | 31,603,857 | |
Against the resolution | 624,745 | |
Percentage majority in favour | 98.06% | |
Votes withheld ** | 83,062 |
Notes:
* Votes "For" include any discretionary votes given to the Chairman or another named proxy.
** Votes withheld have no legal effect.
Contact: Ian Bowden 020 7696 5285
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.