Company Announcements

RNS Number : 1729T
Galliford Try PLC
12 November 2019
 

GALLIFORD TRY PLC

 

Result of 2019 Annual General Meeting

 

Galliford Try plc is pleased to announce that all resolutions were passed on a poll vote conducted at the Annual General Meeting held today. The results of the poll vote are detailed below.

 

As at the time of the meeting, the Company had 111,032,617 ordinary shares of 50 pence each in issue. As a vote withheld is not a vote in law, the proportion of total votes cast for and against each resolution excludes votes withheld.

 

Resolution

Votes validly cast

% of ISC

Votes for

%

Votes against

%

Withheld

1.     Receiving the report and financial statements

73,496,573

66.19%

73,459,250

99.95

37,323

0.05

94,227

2.     Approval of the directors' report on remuneration

72,422,495

65.23%

62,087,241

85.73

10,335,254

14.27

1,168,305

3.     Declaration of final dividend

73,582,718

66.27%

73,582,002

100.00

716

0.00

8,083

4.     Re-appointment of Andrew Duxbury

73,462,295

66.16%

73,217,187

99.67

245,108

0.33

128,506

5.     Re-election of Graham Prothero

73,460,354

66.16%

73,332,445

99.83

127,909

0.17

130,447

6.     Re-election of Marisa Cassoni

73,491,428

66.19%

73,073,379

99.43

418,049

0.57

99,373

7.     Re-election of Terry Miller

73,482,611

66.18%

73,043,081

99.40

439,530

0.60

108,189

8.     Re-election of Gavin Slark

73,481,437

66.18%

73,004,095

99.35

477,342

0.65

109,363

9.     Re-election of Jeremy Townsend

73,481,545

66.18%

73,003,926

99.35

477,619

0.65

109,255

10.   Re-election of Peter Ventress

73,480,698

66.18%

72,402,729

98.53

1,077,969

1.47

110,101

11.   Appointment of auditor

73,581,563

66.27%

73,486,357

99.87

95,206

0.13

9,238

12.   Authority to set remuneration of the auditor

73,579,819

66.27%

73,556,534

99.97

23,285

0.03

10,982

13.   Authority to allot shares

73,577,775

66.27%

73,110,014

99.36

467,761

0.64

13,026

14.   Authority for political expenditure

73,568,495

66.26%

69,489,734

94.46

4,078,761

5.54

22,306

15.   Authority to disapply statutory pre-emption rights for general purposes

73,568,789

66.26%

73,481,607

99.88

87,182

0.12

22,012

16.   Authority to disapply statutory pre-emption rights for an acquisition or a specified capital investment

73,576,364

66.27%

70,857,195

96.30

2,719,169

3.70

14,436

17.   Authority for Company to purchase its own shares

73,485,939

66.18%

73,398,583

99.88

87,356

0.12

104,861

18.   Notice period for general meetings

73,575,977

66.27%

72,279,260

98.24

1,296,717

1.76

14,824

 

Resolution 2 - Directors' Remuneration Report

 

The Board notes that while Resolution 2 to approve the Directors' Remuneration Report was passed, a significant number of shareholders opposed this resolution. The Board and the Company remain committed to continued engagement with shareholders and proxy advisors to address concerns pertaining to executive director remuneration. The Remuneration Committee will continue to engage with shareholders to ensure their views are fully understood and considered. 

 

In accordance with LR 9.6.2, copies of the relevant ordinary and special resolutions passed at the meeting will be submitted to the FCA's National Storage Mechanism, and will be available to view at www.morningstar.co.uk/uk/NSM.

 

Enquiries:

Kevin Corbett                                         General Counsel & Company Secretary, Galliford Try plc                         01895 855001


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