Company Announcements

Result of AGM

Source: RNS
RNS Number : 2932X
Rotork PLC
26 April 2019
 

Rotork plc

 

AGM Statement

 

Results of the Annual General Meeting held on 26 April 2019 at Bailbrook House Hotel,

Eveleigh Avenue, London Road, Bath BA1 7JD

 

The Directors are pleased to announce that the shareholders of Rotork plc (the "Company") at the Company's Annual General Meeting on Friday 26 April 2019 passed by poll all the resolutions as set out in the Notice of Annual General Meeting dated 25 March 2019.

 

The following table summarises the proxy voting instructions received from shareholders prior to the meeting. In total, valid proxy instructions were received in respect of 78.87% of the issued share capital.

 

A copy of each of the resolutions passed by the Company, other than those resolutions concerning ordinary business, will be submitted and made available for inspection from the National Storage Mechanism at www.morningstar.co.uk.

 

A copy of this announcement has been posted on the Company's website at www.rotork.com/investors/index/agm.

 

Resolution

For 3

Against3

No. of Votes withheld4

Total Capital Instructed

No. of Shares

%

No. of Shares

%

1.   

To receive and adopt the Annual Report and Accounts and the Auditor's Report

thereon for 2018

687,025,818

 

99.99

 

102,467

 

0.01

 

1,299,487

 

78.80%

 

2.   

To declare a final dividend

688,173,919

 

100.00

 

25,350

 

0.00

 

188,494

 

78.93%

 

3.   

To re-elect JM Davis as a director

685,985,986

 

99.68

 

2,232,155

 

0.32

 

199,632

 

78.93%

 

4.   

To re-elect SA James as a director

684,121,486

 

99.41

 

4,087,425

 

0.59

 

208,862

 

78.93%

 

5.   

To re-elect MJ Lamb as a director

677,305,786

 

98.73

 

8,706,759

 

1.27

 

2,405,227

 

78.67%

 

6.    

To re-elect LM Bell as a director

684,132,135

 

99.41

 

4,092,203

 

0.59

 

203,435

 

78.93%

 

7.   

To re-elect KG Hostetler as a director

660,740,506

 

96.02

 

27,355,765

 

3.98

 

199,632

 

78.91%

 

8.   

To re-elect PG Dilnot as a director

677,142,559

 

98.71

 

8,866,704

 

1.29

 

2,331,014

 

78.67%

 

9.   

To elect AC Andersen as a director

688,086,033

 

99.99

 

84,808

 

0.01

 

206,922

 

78.92%

 

10. 

To elect TR Cobbold as a director

681,910,886

 

99.08

 

6,297,161

 

0.92

 

209,725

 

78.93%

 

11. 

To re-appoint Deloitte LLP as Auditor of the Company

687,827,467

 

99.96

 

281,311

 

0.04

 

211,884

 

78.91%

 

12. 

To authorise the directors to fix the remuneration of the Auditor

688,081,168

 

99.98

 

133,241

 

0.02

 

204,923

 

78.93%

 

13. 

To approve the Directors' Remuneration Report

677,043,522

 

98.39

 

11,070,286

 

1.61

 

301,224

 

78.92%

 

14. 

To authorise the directors to allot shares

666,955,859

 

96.91

 

21,258,479

 

3.09

 

205,034

 

78.93%

 

15. 

To enable the directors to allot shares for cash without first offering them to existing

shareholders for pre-emptive issues and general purposes*

668,984,783

 

97.21

 

19,213,904

 

2.79

 

220,645

 

78.93%

 

16. 

To enable the directors to allot shares for cash without first offering them to existing

shareholders for acquisitions and other capital investments*

664,802,646

 

96.61

 

23,329,575

 

3.39

 

297,110

 

78.92%

 

17. 

To authorise the Company to purchase ordinary shares*

683,458,883

 

99.35

 

4,460,663

 

0.65

 

324,230

 

78.89%

 

18. 

To authorise the Company to purchase preference shares*

685,850,533

 

99.67

 

2,251,337

 

0.33

 

249,438

 

78.91%

 

19. 

To fix the notice period for general meetings*

605,540,547

 

88.02

 

82,454,199

 

11.98

 

190,371

 

78.90%

 

20. 

To approve the Rotork Long Term Incentive Plan 2019 ("2019 LTIP") rules

684,219,664

 

99.46

 

3,680,542

 

0.54

 

426,685

 

78.89%

 

21. 

To authorise the directors to grant awards under the 2019 LTIP

684,311,489

 

99.46

 

3,695,347

 

0.54

 

422,495

 

78.90%

 

*Special Resolution

 

Notes: 

 

1.    All resolutions were passed.

2.    The total votes cast in favour of each resolution includes those giving the Chairman discretion.

3.    Votes "For" and "Against" are expressed as a percentage of votes received.  

4.    A "vote withheld" is not a vote in law and is not counted in the calculation of the votes "for" or "against" a resolution.

5.    The total number of ordinary 0.5p shares in issue at 6.30pm on 24 April 2019 was 871,963,909.

 

Enquiries:

 

FTI Consulting   Tel:  + 44 (0)20 3727 1340
Nick Hasell / Susanne Yule

 

Rotork plc           Tel:  +44 (0)1225 733 200
Helen Barrett-Hague, Group Legal Counsel and Company Secretary
Jonathan Davis, Finance Director
Andrew Carter, Investor Relations Director

 

 

 

26 April 2019


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