Inchcape plc (the "Company")
27 May 2021
Result of Annual General Meeting
The Company announces that all resolutions proposed at the Annual General Meeting of the Company held earlier today were passed.
Details of the votes cast on all resolutions are set out below and will also be available on the Company's website: www.inchcape.com
In accordance with UK Listing Rule 9.6.2 copies of all the resolutions passed, other than ordinary business, have been submitted to the National Storage Mechanism and will shortly be available for inspection.
|
Resolution |
Votes For |
% For |
Votes Against |
% Against |
Votes Withheld |
|
1. To receive the Accounts and Directors' and Auditors Reports |
362,103,121 |
99.98% |
62,621 |
0.02% |
663,658 |
|
2. To approve the Directors' Report on Remuneration |
357,761,605 |
98.61% |
5,054,989 |
1.39% |
12,806 |
|
3. To approve a final dividend of 6.9p per ordinary share |
362,768,759 |
99.98% |
60,334 |
0.02% |
0,307 |
|
4. To re-elect Jerry Buhlmann as a Director |
361,883,782 |
99.74% |
929,319 |
0.26% |
13,699 |
|
5. To re-elect Gijsbert de Zoeten |
360,142,288 |
99.26% |
2,670,813 |
0.74% |
13,699 |
|
6. To re-elect Alexandra Jensen |
361,916,986 |
99.75% |
896,115 |
0.25% |
13,699 |
|
7. To re-elect Jane Kingston as a Director |
360,180,774 |
99.27% |
2,631,205 |
0.73% |
14,821 |
|
8. To re-elect John Langston as a Director |
361,914,337 |
99.75% |
891,618 |
0.25% |
20,845 |
|
9. To re-elect Nigel Stein as a Director |
361,759,093 |
99.71% |
1,052,858 |
0.29% |
14,849 |
|
10. To elect Duncan Tait as a Director |
362,744,257 |
99.98% |
67,722 |
0.02% |
14,821 |
|
11. To re-elect Till Vestring as a Director |
359,915,522 |
99.20% |
2,897,579 |
0.80% |
13,699 |
|
12. To reappoint Deloitte LLP as Auditors |
362,443,244 |
99.89% |
382,163 |
0.11% |
3,993 |
|
13. To authorise the Audit Committee of the Board to determine the Auditors' remuneration |
362,760,671 |
99.98% |
64,607 |
0.02% |
4,122 |
|
14. To approve a new Inchcape Performance Share Plan |
352,412,986 |
97.13% |
10,400,200 |
2.87% |
16,214 |
|
15. To approve a new Inchcape Co-Investment Plan |
343,381,817 |
94.64% |
19,430,256 |
5.36% |
17,327 |
|
16. To authorise the Directors to allot relevant securities pursuant to section 560(1) of the Companies Act 2006 |
358,290,118 |
98.75% |
4,524,639 |
1.25% |
13,743 |
|
17. To empower the Directors to disapply statutory pre-emption rights on the allotment of shares |
362,689,206 |
99.97% |
123,956 |
0.03% |
15,338 |
|
18. To empower the Directors to disapply statutory pre-emption rights on the allotment of shares for an acquisition or capital investment |
334,811,184 |
92.28% |
28,001,713 |
7.72% |
16,503 |
|
19. To authorise the Company to make market purchases of its ordinary shares up to 10.0% of its issued share capital |
353,451,921 |
97.55% |
8,870,496 |
2.45% |
506,983 |
|
20. Notice of Meetings |
357,233,610 |
98.46% |
5,590,067 |
1.54% |
5,723 |
|
21. To adopt new Articles of Association |
362,727,523 |
99.98% |
79,447 |
0.02% |
19,830 |
Ends
Notes to editors
Inchcape is the leading independent multi-brand global automotive distributor, operating in 36 markets with a portfolio of the world's leading automotive brands. Inchcape has diversified multi-channel revenue streams including sale of new and used vehicles, parts, service, finance and insurance. The Company has been listed on the London Stock Exchange (INCH) since 1958, is headquartered in London and employs around 15,000 people. www.inchcape.com.
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