21 May 2024
DOWLAIS GROUP PLC
Results of 2024 Annual General Meeting
Dowlais Group plc (the "Company") announces that at the Company's 2024 Annual General Meeting held earlier today at the office of Slaughter and May, One Bunhill Row, London, EC1Y 8YY, all the resolutions set out in the Notice of Annual General Meeting 2024 were passed by way of a poll.
A summary of the poll results in respect of each resolution is set out below.
|
Resolution |
Votes for |
% for |
Votes against |
% against |
Total votes validly cast |
% voted |
Votes withheld |
|
|
1 |
To receive the Company's Annual Report and Accounts for the year ended 31 December 2023. |
947,186,914 |
100.00 |
33,130 |
0.00 |
947,220,044 |
68.22% |
3,716,382 |
|
2 |
To approve the Directors' Annual Remuneration Report for the year ended 31 December 2023. |
900,041,179 |
94.66 |
50,757,715 |
5.34 |
950,798,894 |
68.48% |
137,532 |
|
3 |
To approve the Directors' Remuneration Policy for the year ended 31 December 2023. |
887,847,035 |
99.36 |
5,723,411 |
0.64 |
893,570,446 |
64.36% |
57,365,980 |
|
4 |
To declare a final dividend of 2.8 pence per ordinary share for the year ended 31 December 2023. |
950,894,232 |
100.00 |
8,299 |
0.00 |
950,902,531 |
68.49% |
33,895 |
|
5 |
To elect Liam Butterworth as a Director. |
950,651,429 |
99.98 |
185,451 |
0.02 |
950,836,880 |
68.48% |
96,380 |
|
6 |
To elect Roberto Fioroni as a Director. |
947,347,193 |
99.63 |
3,488,897 |
0.37 |
950,836,090 |
68.48% |
97,170 |
|
7 |
To elect Simon Mackenzie Smith as a Director. |
936,748,432 |
98.83 |
11,125,672 |
1.17 |
947,874,104 |
68.27% |
3,059,156 |
|
8 |
To elect Celia Baxter as a Director. |
942,395,623 |
99.11 |
8,430,400 |
0.89 |
950,826,023 |
68.48% |
107,237 |
|
9 |
To elect Philip Harrison as a Director |
942,473,768 |
99.12 |
8,354,911 |
0.88 |
950,828,679 |
68.48% |
104,581 |
|
10 |
To elect Shali Vasudeva as a Director. |
942,579,325 |
99.13 |
8,246,665 |
0.87 |
950,825,990 |
68.48% |
107,270 |
|
11 |
To elect Fiona MacAulay as a Director. |
938,834,688 |
98.74 |
11,982,790 |
1.26 |
950,817,478 |
68.48% |
115,782 |
|
12 |
To re-appoint Deloitte LLP as Auditors of the Company. |
947,529,676 |
99.65 |
3,319,558 |
0.35 |
950,849,234 |
68.48% |
87,192 |
|
13 |
To authorise the Audit Committee, acting for an on behalf of the Board, to determine the Auditors' remuneration. |
950,591,901 |
99.98 |
235,670 |
0.02 |
950,827,571 |
68.48% |
105,689 |
|
14 |
To give the Company limited authority to make political donations and expenditure. |
929,767,371 |
98.30 |
16,099,186 |
1.70 |
945,866,557 |
68.12% |
5,066,703 |
|
15 |
To renew the authority given to Directors to allot shares. |
945,177,306 |
99.40 |
5,723,439 |
0.60 |
950,900,745 |
68.49% |
32,515 |
|
16 |
To approve the Company's 2024 Omnibus Share Plan. |
946,249,952 |
99.52 |
4,559,810 |
0.48 |
950,809,762 |
68.48% |
123,498 |
|
17 |
To give the Directors authority to allot equity securities without application of pre-emption rights. |
903,981,206 |
95.23 |
45,310,696 |
4.77 |
949,291,902 |
68.37% |
1,641,358 |
|
18 |
To give the Directors authority to allot equity securities for the purpose of financing an acquisition or other capital investment without application of pre-emption rights. |
897,413,895 |
94.38 |
53,434,019 |
5.62 |
950,847,914 |
68.48% |
85,346 |
|
19 |
To authorise market purchases of shares. |
947,604,039 |
99.67 |
3,106,951 |
0.33 |
950,710,990 |
68.47% |
222,270 |
|
20 |
To approve the calling of a general meeting other than an Annual General Meeting on not less than 14 clear days' notice. |
935,230,112 |
98.35 |
15,647,487 |
1.65 |
950,877,599 |
68.48% |
55,661 |
Notes:
A vote withheld is not a vote in law and therefore is not counted in the calculation of the proportion of votes validly cast.
As at close of business on 17 May 2024 the number of ordinary shares of 1 penny each in issue was 1,388,466,446.
In accordance with Listing Rule 9.6.2R, a copy of all resolutions passed, other than those concerning ordinary business, will today be submitted to the National Storage Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Enquiries:
John Nicholson
General Counsel and Company Secretary
+44 (0)204 551 3383
LEI Number: 213800XM8WOFLY6VPC92
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