M&G plc NEWS RELEASE
27 May 2020
M&G plc
ANNUAL GENERAL MEETING 2020 RESULTS
The Company is pleased to announce that Resolutions 1 to 16 (inclusive) being ordinary resolutions and Resolutions 17 to 20 (inclusive) being special resolutions, which were put to the AGM held on 27 May 2020 at 10:00, were duly passed and the results of the poll are as follows:
|
RESOLUTION |
VOTES FOR (including discretionary) |
VOTES AGAINST |
TOTAL VOTES CAST |
VOTES WITHHELD |
|||
|
Number of votes
|
% of votes
|
Number of votes |
% of votes |
Total number of votes cast
|
% of issued share capital
|
|
|
|
1. Report and Accounts. |
1,901,654,003 |
99.998 |
45,852 |
0.002 |
1,901,699,855 |
73.14 |
1,832,751 |
|
2. Directors' Remuneration Report. |
1,702,599,489 |
90.69 |
174,876,823 |
9.31 |
1,877,476,312 |
72.21 |
26,058,756 |
|
3. Directors' Remuneration Policy. |
1,778,648,117 |
94.86 |
96,342,690 |
5.14 |
1,874,990,807 |
72.12 |
28,544,261 |
|
4. To elect Mike Evans. |
1,878,518,280 |
98.70 |
24,826,168 |
1.30 |
1,903,344,448 |
73.21 |
188,469 |
|
5. To elect John Foley. |
1,901,665,532 |
99.91 |
1,688,121 |
0.09 |
1,903,353,653 |
73.21 |
180,184 |
|
6. To elect Clare Bousfield. |
1,887,924,869 |
99.19 |
15,417,601 |
0.81 |
1,903,342,470 |
73.21 |
190,447 |
|
7. To elect Clive Adamson. |
1,901,579,080 |
99.91 |
1,759,038 |
0.09 |
1,903,338,118 |
73.21 |
194,799 |
|
8. To elect Robin Lawther. |
1,841,926,002 |
96.77 |
61,418,548 |
3.23 |
1,903,344,550 |
73.21 |
188,367 |
|
9. To elect Clare Thompson. |
1,883,606,066 |
99.11 |
16,990,488 |
0.89 |
1,900,596,554 |
73.10 |
2,936,363 |
|
10. To elect Massimo Tosato. |
1,901,705,876 |
99.92 |
1,595,476 |
0.08 |
1,903,301,352 |
73.21 |
231,565 |
|
11. To appoint KPMG LLP. |
1,819,134,719 |
95.93 |
77,186,600 |
4.07 |
1,896,321,319 |
72.94 |
7,212,518 |
|
12. Auditors' remuneration. |
1,864,719,392 |
98.32 |
31,779,312 |
1.68 |
1,896,498,704 |
72.94 |
7,033,628 |
|
13. Political Donations. |
1,885,546,745 |
99.06 |
17,837,769 |
0.94 |
1,903,384,514 |
73.21 |
149,323 |
|
14. Authority to allot shares. |
1,728,284,553 |
90.80 |
175,089,966 |
9.20 |
1,903,374,519 |
73.21 |
158,087 |
|
15. Authority to allot preference shares. |
1,897,641,091 |
99.70 |
5,731,630 |
0.30 |
1,903,372,721 |
73.21 |
161,116 |
|
16. Authority to allot mandatory convertible securities ("MCS"). |
1,867,264,352 |
98.14 |
35,391,662 |
1.86 |
1,902,656,014 |
73.18 |
877,823 |
|
17. Authority to disapply pre-emption rights for ordinary shares. |
1,900,168,286 |
99.88 |
2,358,198 |
0.12 |
1,902,526,484 |
73.18 |
1,007,353 |
|
18. Authority to disapply pre-emption rights for MCS issuances. |
1,864,159,760 |
97.95 |
39,074,914 |
2.05 |
1,903,234,674 |
73.20 |
299,163 |
|
19. Authority to purchase own shares. |
1,874,955,127 |
98.55 |
27,519,180 |
1.45 |
1,902,474,307 |
73.17 |
1,058,610 |
|
20. Notice of general meetings. |
1,796,909,747 |
94.41 |
106,480,170 |
5.59 |
1,903,389,917 |
73.21 |
143,000 |
There were no restrictions on shareholders to cast votes on any of the resolutions proposed at the AGM. Votes withheld are not votes in law and therefore have not been counted in the calculation of the proportion of the votes for and against a resolution.
As at 6.30pm (UK time) on 26 May 2020, the number of issued shares of the Company was 2,599,906,866 ordinary shares, which was the total number of shares entitling the holders to attend and vote for or against all the resolutions at the AGM. In accordance with the Company's Articles of Association, on a poll, every member present in person or by proxy has one vote for every share held.
Pursuant to Listing Rule 9.6.2 of the UK Listing Rules, copies of all resolutions, other than those concerning ordinary business, passed at the AGM on 27 May 2020, will shortly be available to view via the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Contact:
Alan Porter, Group General Counsel and Company Secretary - 0203 977 4064
Helen Archbold, Head of Secretariat - 0203 977 0057
LEI: 254900TWUJUQ44TQJY84
3.1 Additional regulated information required to be disclosed under the laws of a Member State
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 rns@lseg.com or visit www.rns.com.
