AGM RESULTS
ISE: DHG LSE: DAL
Dublin, 2 May 2019 | Dalata Hotel Group plc ("Dalata" or the "Group"), Ireland's largest hotel operator, today announces that all resolutions proposed at the Annual General Meeting of the Company were passed. Voting on all resolutions was conducted by poll and the results are set out below. The full text of each resolution was included in the notice of the Annual General Meeting of the Company circulated to shareholders on 01 April 2019 and made available on the Company's website www.dalatahotelgroup.com
In accordance with the Listing Rules copies of the resolutions passed at the Annual General Meeting of the Company have been forwarded to both the Irish Stock Exchange and the UK National Storage Mechanism and will shortly be available for inspection at the following locations: -
Companies Announcements Office,
Euronext Dublin
28 Anglesea Street
Dublin 2
And
http://www.morningstar.co.uk/uk/NSM
The results of the proxy voting received for each resolution, are outlined below.
Resolution 1:
To receive and consider the annual report and accounts for the year ended 31 December 2018 together with the reports of the Directors and Auditors.
|
Votes For |
Votes Against |
Total Votes |
Votes Withheld |
Total including withheld |
||
|
No. |
% |
No. |
% |
|
|
Votes |
|
140,277,723 |
99.91% |
131,255 |
0.09% |
140,408,978 |
114,715 |
140,523,693 |
Resolution 2:
Recommendation for the payment of a final dividend.
|
Votes For |
Votes Against |
Total Votes |
Votes Withheld |
Total including withheld |
||
|
No. |
% |
No. |
% |
|
|
Votes |
|
140,523,693 |
100% |
0 |
0% |
140,523,693 |
0 |
140,523,693 |
Resolution 3:
To receive and consider the Director's Report on Remuneration for the year ended 31 December 2018.
|
Votes For |
Votes Against |
Total Votes |
Votes Withheld |
Total including withheld |
||
|
No. |
% |
No. |
% |
|
|
Votes |
|
139,005,024 |
99.64% |
508,254 |
0.36% |
139,513,278 |
1,010,415 |
140,523,693 |
Resolution 4 (a):
To re-appoint John Hennessy as a Director
|
Votes For |
Votes Against |
Total Votes |
Votes Withheld |
Total including withheld |
||
|
No. |
% |
No. |
% |
|
|
Votes |
|
139,703,269 |
99.42% |
820,424 |
0.58% |
140,523,693 |
0 |
140,523,693 |
Resolution 4 (b):
To re-appoint Pat McCann as a Director
|
Votes For |
Votes Against |
Total Votes |
Votes Withheld |
Total including withheld |
||
|
No. |
% |
No. |
% |
|
|
Votes |
|
137,432,731 |
97.80% |
3,090,962 |
2.20% |
140,523,693 |
0 |
140,523,693 |
Resolution 4 (c):
To re-appoint Stephen McNally as a Director.
|
Votes For |
Votes Against |
Total Votes |
Votes Withheld |
Total including withheld |
||
|
No. |
% |
No. |
% |
|
|
Votes |
|
137,256,075 |
97.67% |
3,267,618 |
2.33% |
140,523,693 |
0 |
140,523,693 |
Resolution 4 (d):
To re-appoint Dermot Crowley as a Director.
|
Votes For |
Votes Against |
Total Votes |
Votes Withheld |
Total including withheld |
||
|
No. |
% |
No. |
% |
|
|
Votes |
|
137,256,075 |
97.67% |
3,267,618 |
2.33% |
140,523,693 |
0 |
140,523,693 |
Resolution 4 (e):
To re-appoint Robert Dix as a Director.
|
Votes For |
Votes Against |
Total Votes |
Votes Withheld |
Total including withheld |
||
|
No. |
% |
No. |
% |
|
|
Votes |
|
127,513,076 |
99.68% |
407,753 |
0.32% |
127.920.829 |
12,602,864 |
140,523,693 |
Resolution 4 (f):
To re-appoint Alf Smiddy as a Director.
|
Votes For |
Votes Against |
Total Votes |
Votes Withheld |
Total including withheld |
||
|
No. |
% |
No. |
% |
|
|
Votes |
|
133,085,320 |
94.71% |
7,438,373 |
5.29% |
140,523,693 |
0 |
140,523,693 |
Resolution 4 (g):
To re-appoint Margaret Sweeney as a Director.
|
Votes For |
Votes Against |
Total Votes |
Votes Withheld |
Total including withheld |
||
|
No. |
% |
No. |
% |
|
|
Votes |
|
139,986,248 |
99.62% |
537,445 |
0.38% |
140,523,693 |
0 |
140,523,693 |
Resolution 5:
To authorise the Directors to determine the remuneration of the Auditors.
|
Votes For |
Votes Against |
Total Votes |
Votes Withheld |
Total including withheld |
||
|
No. |
% |
No. |
% |
|
|
Votes |
|
119,468,231 |
93.39% |
8,452,598 |
6.61% |
127,920,829 |
12,602,864 |
140,523,693 |
Resolution 6:
To authorise the Directors to allot shares.
|
Votes For |
Votes Against |
Total Votes |
Votes Withheld |
Total including withheld |
||
|
No. |
% |
No. |
% |
|
|
Votes |
|
130,630,098 |
92.96% |
9,893,595 |
7.04% |
140,523,693 |
0 |
140,523,693 |
Resolution 7:
Special resolution to authorise the Directors to dis-apply statutory
pre-emption rights.
|
Votes For |
Votes Against |
Total Votes |
Votes Withheld |
Total including withheld |
||
|
No. |
% |
No. |
% |
|
|
Votes |
|
140,337,693 |
99.87% |
186,000 |
0% |
140,523,693 |
0 |
140,523,693 |
Resolution 8:
Special resolution to authorise the Directors to dis-apply statutory
pre-emption rights in additional circumstances
|
Votes For |
Votes Against |
Total Votes |
Votes Withheld |
Total including withheld |
||
|
No. |
% |
No. |
% |
|
|
Votes |
|
133,777,278 |
95.20% |
6,746,415 |
4.80% |
140,523,693 |
0 |
140,523,693 |
Resolution 9:
Special resolution to authorise the Directors to make market purchases of the Company's shares
|
Votes For |
Votes Against |
Total Votes |
Votes Withheld |
Total including withheld |
||
|
No. |
% |
No. |
% |
|
|
Votes |
|
138,991,894 |
98.91% |
1,531,799 |
1.09% |
140,523,693 |
0 |
140,523,693 |
Resolution 10:
Special resolution to authorise the Directors to re-allot treasury shares
|
Votes For |
Votes Against |
Total Votes |
Votes Withheld |
Total including withheld |
||
|
No. |
% |
No. |
% |
|
|
Votes |
|
139,407,082 |
99.21% |
1,116,611 |
0.79% |
140,523,693 |
0 |
140,523,693 |
Resolution 11:
Special resolution to allow the Director's to call a general meeting using the shorter notice period (14 clear days)
|
Votes For |
Votes Against |
Total Votes |
Votes Withheld |
Total including withheld |
||
|
No. |
% |
No. |
% |
|
|
Votes |
|
132,825,543 |
94.52% |
7,698,150 |
5.48% |
140,523,693 |
0 |
140,523,693 |
The "Vote Withheld" option is provided to enable abstention on any particular resolution. However, it should be noted that a "Vote Withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" a resolution.
ENDS
Upcoming events
Dalata expects to announce its results for the six months to 30 June 2019 on Tuesday 3 September 2019. Dalata will host a Capital Markets Day for analysts and institutional investors in London on Tuesday 5 November 2019.
About Dalata
Dalata Hotel Group plc was founded in August 2007 and listed as a plc in March 2014. Dalata has a strategy of owning or leasing its hotels and also has a small number of management contracts. The Group's portfolio consists of 30 owned hotels, ten leased hotels and three management contracts with a total of 9,046 bedrooms. In addition to this, the Group is currently developing eight new hotels with a total of 2,193 bedrooms and these will open over the next three years. This will bring the total number of bedrooms in Dalata to over 11,000. Dalata now has close to 5,000 employees. For the full year 2018, Dalata reported revenue of €393.7 million and a profit after tax of €75.2 million. Dalata is listed on the Main Market of Euronext Dublin (DHG) and the London Stock Exchange (DAL). For further information visit: www.dalatahotelgroup.com.
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Contacts |
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Dalata Hotel Group plc |
Tel +353 1 206 9400 |
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Pat McCann, CEO |
investorrelations@dalatahotelgroup.com |
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Dermot Crowley, Deputy CEO, Business Development and Finance |
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Sean McKeon, Company Secretary and Head of Risk and Compliance |
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Joint Company Brokers |
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Davy: Anthony Farrell |
Tel +353 1 679 6363 |
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Berenberg: Ben Wright |
Tel +44 20 3753 3069 |
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Investor Relations and PR | FTI Consulting |
Tel +353 86 401 5250 |
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Melanie Farrell |
dalata@fticonsulting.com |
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