Company Announcements

Result of AGM

Source: RNS
RNS Number : 0415D
Fresnillo PLC
24 June 2021
 

                                                                                                        Fresnillo plc

21 Upper Brook Street

London W1K 7PY

United Kingdom

www.fresnilloplc.com

 

24 June 2021

 

FRESNILLO PLC (the "COMPANY") - RESULT OF AGM

 

The Board is pleased to announce that all of the resolutions put to shareholders at today's Annual General Meeting were passed by means of a poll, including the ordinary resolutions (resolutions 1 to 18) and special resolutions (resolutions 19 to 23) as set out in the Company's notice of AGM dated 19 May 2021. The votes cast for resolutions 9 to 15 relating to the re-election and election of the independent Directors were duly passed by both a majority of the votes cast by the independent shareholders as well as by a majority of votes cast by all shareholders. These votes have been calculated separately and are shown below (independent shareholder votes cast being marked **)

 

The final voting figures are shown below.

 

 

Resolution

Total Votes Cast

For (*)

Against (*)

Withheld

Number

%

Number

%

1: Presentation of the accounts

663,861,410

663,723,770

99.98

137,640

0.02

3,114,617

2: To approve the final dividend

666,973,950

666,635,837

99.95

338,113

0.05

2,077

3: To approve the Annual Report on Remuneration

665,606,680

661,179,743

99.33

4,426,937

0.67

1,369,347

4: To re-elect Mr Alejandro Baillères

666,972,351

624,536,221

93.64

42,436,130

6.36

3,676

5: To re-elect Mr Juan Bordes

665,608,037

659,297,911

99.05

6,310,126

0.95

1,367,990

6: To re-elect Mr Arturo Fernández

662,495,598

655,754,274

98.98

6,741,324

1.02

4,480,429

7: To re-elect Mr Fernando Ruiz

666,528,560

622,205,547

93.35

44,323,013

6.65

447,467

8: To elect Mr Eduardo Cepeda

666,972,400

662,382,618

99.31

4,589,782

0.69

3,627

9: To re-elect Mr Charles Jacobs

666,972,250

666,336,746

99.90

635,504

0.10

3,777

114,377,059**

113,741,555

99.44

635,504

0.56

3,777

10: To re-elect Ms Bárbara Garza Lagüera

666,972,351

665,022,673

99.71

1,949,678

0.29

3,676

114,377,160**

112,427,482

98.30

1,949,678

1.70

3,676

11: To re-elect Mr Alberto Tiburcio

666,972,350

660,232,044

98.99

6,740,306

1.01

3,677

114,377,159**

107,636,853

94.11

6,740,306

5.89

3,677

12: To re-elect Dame Judith Macgregor

666,972,695

666,851,914

99.98

120,781

0.02

3,332

114,377,504**

114,256,723

99.89

120,781

0.11

3,332

13: To re-elect Ms Georgina Kessel

666,972,251

666,962,479

100.00

9,772

0.00

3,776

114,377,060**

114,367,288

99.99

9,772

0.01

3,776

14: To re-elect Ms Guadalupe De la Vega

666,972,351

666,965,848

100.00

6,503

0.00

3,676

114,377,160**

114,370,657

99.99

6,503

0.01

3,676

15: To elect Mr Hector Rangel

666,972,301

666,339,298

99.91

633,003

0.09

3,726

114,377,110**

113,744,107

99.45

633,003

0.55

3,726

16: To appoint the auditors

666,971,644

659,470,056

98.88

7,501,588

1.12

4,383

17: To authorise the audit committee to determine the auditors remuneration

666,971,341

664,460,303

99.62

2,511,038

0.38

4,686

18: To give authority to Directors to allot shares

666,974,075

662,012,035

99.26

4,962,040

0.74

1,952

19: To disapply pre-emption rights

666,062,960

661,339,315

99.29

4,723,645

0.71

913,067

20: To disapply pre-emption rights in connection with an acquisition or other capital investment

666,972,910

655,011,559

98.21

11,961,351

1.79

3,117

21: To authorise purchase of the Company's shares

666,633,525

663,014,388

99.46

3,619,137

0.54

342,502

22: Notice of general meetings

666,974,350

660,759,650

99.07

6,214,700

0.93

1,677

23: Adoption of new articles of association

666,966,648

666,952,011

100.00

14,637

0.00

9,379

 

(*) = Includes discretionary votes

(**) =Votes cast by the independent shareholders

 

As at the date of the AGM, the number of issued shares and total voting rights of the Company was 736,893,589 shares in issue. The Company's Articles of Association set out that every member who is present in person or by proxy shall have one vote for every share of which he is the holder on a poll. The scrutineer of the poll was Equiniti Limited.

In accordance with Listing Rule 9.6.2, Fresnillo plc has submitted a copy of the resolutions dealing with the special business put to shareholders at the AGM today to the National Storage Mechanism, which will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

ENDS

 

 

For further information, please visit our website www.fresnilloplc.com or contact:

 

FRESNILLO PLC     

London Office                        

Gabriela Mayor, Head of Investor Relations

Patrick Chambers

 

Tel: +44 (0)20 7399 2470

Mexico City Office

Ana Belem Zárate

Tel: +52 55 52 79 3206

 

POWERSCOURT

Peter Ogden

 

 

Tel: +44 (0)7793 858 211

 

ABOUT FRESNILLO PLC

 

Fresnillo plc is the world's largest primary silver producer and Mexico's largest gold producer, listed on the London and Mexican Stock Exchanges under the symbol FRES.

Fresnillo plc has seven operating mines, all of them in Mexico - Fresnillo, Saucito, Ciénega (including the San Ramón satellite mine, Las Casas Rosario & Cluster Cebollitas), Herradura, Soledad-Dipolos1, Noche Buena and San Julián (Veins and Disseminated Ore Body), three development projects - the Pyrites Plant at Fresnillo, the optimisation of the beneficiation plant also at Fresnillo and Juanicipio, and four advanced exploration projects - Orisyvo, Rodeo, Guanajuato and Pilarica, as well as a number of other long term exploration prospects.

Fresnillo plc has mining concessions and exploration projects in Mexico, Peru and Chile.

Fresnillo plc has a strong and long tradition of exploring, mining, a proven track record of mine development, reserve replacement, and production costs in the lowest quartile of the cost curve for silver.

Fresnillo plc's goal is to maintain the Group's position as the world's largest primary silver company and Mexico's largest gold producer.

1 Operations at Soledad-Dipolos are currently suspended.

 

FORWARD LOOKING STATEMENTS

Information contained in this announcement may include 'forward-looking statements'. All statements other than statements of historical facts included herein, including, without limitation, those regarding the Fresnillo Group's intentions, beliefs or current expectations concerning, amongst other things, the Fresnillo Group's results of operations, financial position, liquidity, prospects, growth, strategies and the silver and gold industries are forward-looking statements. Such forward-looking statements involve risk and uncertainty because they relate to future events and circumstances. Forward-looking statements are not guarantees of future performance and the actual results of the Fresnillo Group's operations, financial position and liquidity, and the development of the markets and the industry in which the Fresnillo Group operates, may differ materially from those described in, or suggested by, the forward-looking statements contained in this document. In addition, even if the results of operations, financial position and liquidity, and the development of the markets and the industry in which the Fresnillo Group operates are consistent with the forward-looking statements contained in this document, those results or developments may not be indicative of results or developments in subsequent periods. A number of factors could cause results and developments to differ materially from those expressed or implied by the forward-looking statements including, without limitation, general economic and business conditions, industry trends, competition, commodity prices, changes in regulation, currency fluctuations (including the US dollar and Mexican Peso exchanges rates), the Fresnillo Group's ability to recover its reserves or develop new reserves, including its ability to convert its resources into reserves and its mineral potential into resources or reserves, changes in its business strategy and political and economic uncertainty.

LEI: 549300JXWH1UV5J0XV81

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