Company Announcements

RNS Number : 1783Z
Pendragon PLC
19 May 2021
 

 Pendragon PLC ("the Company")

 

Results of Annual General Meeting

 

The Annual General Meeting of the Company was held on Wednesday 19 May 2021 at 10.30am. The results of each resolution are set out in the table below.

 

Resolution

Votes for

% For to 2 d.p)

Votes

Against

% Against

(to 2 d.p)

Votes

Withheld

1.   To receive the annual accounts and Directors' and Auditors Reports for year ended 31 December 2020

1,120,340,226

 

99.86

 

1,533,503

0.14

249,262

2.   To approve the annual report on directors' remuneration for year ended 31 December 2020

648,206,890

 

57.58

 

473,650,567

42.22

265,534

 

3.   To re-elect Mr W Berman as a director

887,189,192

79.09

234,568,031

20.91

365,768

4.   To re-elect Mr M S Casha as a director

1,119,867,836

99.80

2,225,694

0.20

29,461

5.   To re-appoint Mr D Exler as a director

983,628,667

87.66

138,464,863

12.34

29,461

6.    To re-elect Ms N K Flanders as a director

1,111,205,486

99.03

10,888,044

0.97

29,461

7.   To re-elect Mr B M Small as a director

1,094,336,197

97.53

27,757,333

2.47

29,461

8.   To re-elect Mr M S Willis as a director

1,119,861,980

99.80

2,231,550

0.20

29,461

9.   To re-elect Mr M D Wright as a director

661,604,310

58.96

460,491,344

41.04

27,337

10. To appoint KPMG LLP as auditor of the Company

1,068,239,981

95.20

53,855,801

4.80

27,209

11. To authorise the directors to determine the remuneration of the auditors

 

1,108,508,509

98.79

13,570,934

1.21

43,548

 

12. To authorise the Directors to allot shares in the Company

1,120,321,747

99.84

1,750,704

0.16

30,699

13. To authorise the directors to call a general meeting on not less than 14 clear days' notice

1,119,904,037

99.80

2,209,975

0.20

8,979

14. To authorise the Directors to dis- apply pre-emption rights when allotting shares in connection with an acquisition or specified capital investment

1,121,777,070

99.97

307,973

0.03

18,107

15. To authorise the Directors to dis- apply pre-emption rights when allotting shares in connection with an acquisition or specific capital investment which is announced contemporaneously with, or has taken place in the preceding six months

1,121,464,992

99.94

648,891

0.06

9,108

16. To authorise the Company to make market purchases of its shares

1,121,522,469

99.95

571,168

0.05

29,354

17. To adopt new articles of association of the Company

1,121,940,896

99.99

118,547

0.01

63,548

 

All resolutions were passed.  Resolutions 13 to 17 were passed as special resolutions.

 

The Company will continue to consult with shareholders to fully understand their concerns in relation to the number of votes recorded not in favour of resolutions 2, 3 and 9.  An update will be provided within six months as required by the UK Corporate Governance Code.

 

In accordance with Listing Rule 9.6.2, copies of the resolutions that do not constitute ordinary business at an annual general meeting will be submitted to the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

The results will also be made available on the Company's website at www.pendragonplc.com

 

Richard Maloney

COMPANY SECRETARY

 

19 May 2021

Enquiries:       Headland             Howard Lee        Tel: 0203 805 4822

                                                            Henry Wallers

 

 

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